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CEP Institute Exam Prep Course

Comprehensive CEP exam preparation for Level 1, 2, and 3 Candidates

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 courseware, with a multitude of sample questions, answers, and explanations, plus a stock plan glossary; (2) Question Review Webinars presented by leading experts; and (3) a laminated CEP Institute Exam Reference Guide for use during the exam.

Level 1 Prep Course

  • Over 100 Level 1 sample test questions
  • Laminated CEP Institute Exam Quick Reference Guide
  • Two live Question Review Webinars (1-2:30 PST on May 6 & May 8)*
  • Unlimited access to Webinar replays until date of exam
$110 for NCEO members, $150 for nonmembers

Level 2 Prep Course

  • Over 100 Level 2 sample test questions, plus all Level 1 sample questions
  • Laminated CEP Institute Exam Quick Reference Guide
  • Two live Question Review Webinars (1-2:30 PST on April 29 & and May 1), plus Level 1 Webinars*
  • Unlimited access to Webinar replays until date of exam
$150 for NCEO members, $180 for nonmembers

Level 3 Prep Course

  • Over 100 Level 3 sample test questions, plus all Levels 1 and 2 sample questions
  • Laminated CEP Institute Exam Quick Reference Guide
  • Two live Question Review Webinars (1-2:30 PST on April 22 & April 24), plus Level 1 & 2 Webinars*
  • Unlimited access to Webinar replays until date of exam
$180 for NCEO members, $210 for nonmembers

*Whether or not you view the live Webinar, you will have unlimited access to replays until the exam.

Course Components

1. Hundreds of Sample Test Questions, Newly Updated

The CEP Exam Prep courseware

Click here for sample questions, answers, and explanations for all 3 levels

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. From visit to visit, the online Exam Prep courseware remembers which sample quizzes you have passed. 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 courseware 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

Pam Chernoff, CEP Pam Chernoff, CEP

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).

Pam Chernoff is the NCEO's director of equity compensation projects. She is the editor of The Stock Options Book and also conducts equity compensation surveys. She was previously an editor at Pensions & Investments newspaper and has a master's degree in journalism from Northwestern University.

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.

What Others Are Saying

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

Pricing, Licensing, and Terms of Access

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 below are per-user prices; your access cannot be shared with others. Note: discounted member prices are available only to NCEO members.

Per-Student Pricing

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' progress through the sample questions. For more information on group discounts, please contact Pam Chernoff PChernoff@nceo.org.

Disclaimer

This is a exam prep course prepared by the National Center for Employee Ownership (NCEO), not an official product of the Certified Equity Professional Institute (CEPI).

Order Form

Group discounts are available; please call us at 510-208-1300.

Note: Registration for this course is per-season. You are signing up for the spring 2008 Prep Course, and your access to it will expire after June 7, 2008.

Shipping for Exam Prep Course materials is free within the U.S.

Exam Prep Materials will be mailed within one business day after payment is processed. Your username and password for the sample questions will be emailed to you, again within one business day after payment is processed. Bear in mind that the Exam Prep Course includes a hard copy of the Quick Reference Guide and that to receive it before the CEP Exam, we recommend that you sign up for this course by no later than two weeks before the exam. (There is no electronic version of the Quick Reference Guide.)


(1) Provide Your Name and Address

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(2) Indicate Your NCEO Membership Status

If you are not a member but join now, you will pay the members-only price for the Study Guide. Click here to pop up a window with information on what membership is.

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Optional: If you are joining as a member, does your company:
give options to most employees? have an employee stock ownership plan (ESOP)?

(3) Choose Your Exam Prep Level: 1, 2, or 3

Level 1 Exam Prep Course
Price: $110 for NCEO members, $150 for nonmembers

Level 2 Exam Prep Course
Price: $150 for NCEO members, $180 for nonmembers (includes access to Level 1 questions and Webinar)

Level 3 Exam Prep Course
Price: $180 for NCEO members, $210 for nonmembers (includes access to Level 1 and Level 2 questions and Webinars)

(4) Shipping Method

The default shipping method for this course is FedEx Ground (or airmail outside the U.S.) and is free. (While we can email access information for practice questions and Webinars, the Quick Reference Guide must be shipped to you.) We are located in California, and FedEx Ground shipping can easily take a week or more to get across the country. If you would like to ship via FedEx Express Standard Overnight service at an added cost, check the appropriate box below (and fill in your account number if you are using it).
Check here to charge FedEx Express delivery to your credit card (this will be calculated after your order is submitted and will increase the cost by anywhere from $20 to $40 or more; if you are outside the U.S., it will cost much more, and delivery will not be overnight).
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(5) Choose a Payment Method

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