Orientation: How to take the exam?

The M&A Certification Examination consists of three separate steps:

• Step 1 — M&A Strategy, Deal Sourcing and Due Diligence
• Step 2 — Acquisition Financing and LBO Structuring
• Step 3 — Negotiation, SPA and PMI Planning

Each step has a two-hour time limit. The three steps do not need to be completed on the same day, but they must be completed in order and within your examination access period.

Before starting each step:

1. Download the examination template and any supporting materials.
2. Review the instructions before clicking Start Quiz.
3. Prepare a stable working environment and internet connection.

The two-hour timer begins when you click Start Quiz. Once started, the timer cannot be paused or restarted.

Complete the provided Word template and upload one completed .docx file before the time limit expires. Each step may be attempted only once.

Your submissions will be manually reviewed. The final result will be issued within two weeks after all three steps have been submitted.