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CEP Institute Exam Prep Course

Comprehensive CEP exam preparation for Level 1, 2, and 3 Candidates, Revised for 2010
The NCEO's CEP Institute Exam Prep Course is a complete educational tool that combines the benefits of online learning with hundreds of sample practice questions. CEP candidates enrolled in our preparation course receive (1) access to our online learning environment with a multitude of sample questions, answers, and explanations, plus a stock plan glossary; (2) Question Review Webinars presented by leading experts; (3) a laminated CEP Institute Exam Reference Guide for use during the exam; and (4) a one-hour study session for each level.

New for Fall 2010: Each Prep Course level will include a one-hour study session conference call in the week before the exam. Participants will be free to submit questions in advance or ask them live during the session.

Level 1 Exam Prep Course: $110 for NCEO members, $150 for nonmembers
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Level 2 Exam Prep Course: $150 for NCEO members, $180 for nonmembers
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Level 3 Exam Prep Course: $180 for NCEO members, $210 for nonmembers
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Note: Registration for this course is per-season. Your access to the course will expire the day after the next CEPI exam.

There is no shipping cost for the Prep Course. You will be emailed your username and password, and the Quick Reference Guide will be mailed to you. We recommend that you sign up for this course well in advance of the exam so that you not only have plenty of time to practice but also receive the Quick Reference Guide in the mail before the exam.

If you need to order more than one, change the quantity once you have added it to your shopping cart.

Level 1 Prep CourseLevel 2 Prep CourseLevel 3 Prep Course
Over 100 Level 1 sample test questionsOver 100 Level 2 sample test questions, plus all Level 1 sample questionsOver 100 Level 3 sample test questions, plus all Levels 1 and 2 sample questions
Laminated CEP Institute Exam Quick Reference GuideLaminated CEP Institute Exam Quick Reference GuideLaminated CEP Institute Exam Quick Reference Guide
Two live Question Review WebinarsTwo live Question Review Webinars, plus Level 1 WebinarsTwo live Question Review Webinars, plus Level 1 and 2 Webinars
Unlimited access to Webinar replays until exam dateUnlimited access to Webinar replays until exam dateUnlimited access to Webinar replays until exam date
$110 for NCEO members, $150 for nonmembers$150 for NCEO members, $180 for nonmembers$180 for NCEO members, $210 for nonmembers

A New Selection and Ordering of Questions Every Time You Start a Quiz

The Prep Course features quizzes that randomly reshuffle the questions from the given level and topic every time you start taking a quiz. Then, with each subsequent series of 10 questions for that level and topic, you will see a new group of questions until you have seen them all. At that point, if you continue, the questions will be randomly reshuffled again. Thus, instead of facing the same quiz over and over again, you will see freshly generated selections of 10 questions.

Try a Live Demo

Try the new Prep Course out by going to http://www.nceo.org/training/cep/ and logging in with the username demo and the password user (both are case-sensitive). The demo version of the course presents you with what a Level 3 user would see (i.e., links for questions, etc., for all three levels). In the demo, you are limited to a single set of 10 questions for the Level 1 taxation quiz and cannot view Webinars.

Course Components

1. Hundreds of Sample Test Questions, Newly Updated

The CEP Institute Exams present considerable difficulties, even for experienced professionals. Working through challenging questions such as those in our Exam Prep Course is an essential preparation tool for the Exam. For each CEP test level, we provide multiple-choice practice questions written by equity compensation experts, many of whom have written actual CEP exam questions and are CEPs themselves. The questions address the four subject areas the CEP Institute exam covers: Accounting; Taxation; Corporate and Securities Law; and Equity Plan Design, Analysis, and Administration. Students take quizzes online and instantly find out whether they have answered correctly. For each answer, students are given a reference to required CEP Institute study materials and an explanation of the correct answer. Your access to the sample questions lasts until the date of the next CEP exam. The questions, answers, and references are updated for each administration of the exam.

Because the CEP exams are cumulative, you should review the earlier levels as you study for Levels 2 or 3. Because of this, the NCEO's Prep Course automatically gives you access to all information from the earlier levels.

Along with the sample questions, the online Prep Course also includes an equity compensation glossary (both in a pop-up form and as a printable page) featuring a multitude of terms and definitions relevant to the equity compensation field.

2. Question Review Webinars

Our Exam Prep Course also includes Webinars-PowerPoint presentations broadcast live over the Internet, accompanied by a telephone conference call. The Webinars review sample questions to help prepare you for the actual exam. All students will receive a link to the replay of the live broadcast, which can be viewed an unlimited number of times until the date of the next national exam. The Webinars are managed by Pam Chernoff, CEP, director of equity compensation projects at the NCEO. The total running time for each Webinar is three hours per level (two sessions of 1.5 hours each).

3. Laminated CEP Institute Exam Quick Reference Guide

The third component of our Exam Prep Course is a laminated, three-hole-punched Quick Reference Guide, which can be easily inserted into your binder for use during the open-book exam. The Reference Guide consists of four double-sided letter-sized pages and is packed with common definitions, formulas and the like, serving as a fast and easy reference both during study and during the actual CEP Institute exam.

4. New for Fall 2010: Study Sessions Before the Exam

Each Prep Course level now includes a one-hour study session conference call in the week before the exam. Participants will be free to submit questions in advance or ask them live during the session.

What Users Say

Over 1,500 people have used our CEPI exam test preparation since 2003. Our students agree that our exam preparation is an essential supplement to readings and lectures:

"The NCEO's CEP Institute test prep was the only study guide that let me view CEP-simulated questions at my own pace; I could go back at leisure to go over any question in each of the four subject categories."
- Anna Felix, Stock Administrator, PeopleSoft

Terms of Use

The price of the CEP Institute Exam Prep Course varies depending on your candidate level (see below). Your access to the Prep Course questions and Webinars will last until the date after the national CEP Institute Exam. The prices given here are per-user prices; your access cannot be shared with others. Note: discounted member prices are available only to NCEO members.

Group Discounts; License Prices and Policies

Firms that license the CEP Institute Exam Prep Course for a group of students can receive a discount for 20 or more students. Firms that license the Exam Prep Course also receive a private, password-protected control panel to monitor their students' activity in the Prep Course. For more information on group discounts, please contact Eimear Elzy at EElzy@nceo.org.
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