Society Revenue Share Agreement

For over 30 years, CFA Society Boston has been a leading provider of CFA® Exam preparation materials. Last year, the CFA Boston Practice Exam was used by more than 3,000 candidates worldwide and 46 local societies from around the globe.

To confirm participation, complete the following form and submit. Please review our current offerings for the Website Purchase and Local Live Exam. Societies can participate in one option, or opt to participate in both options. 

Please select the following Practice Exam Cycles for 2021 Participation. Completion of this form will enroll a society in the Revenue Share Program for the entire calendar year. 

Agreement Details

• The society is currently offering two versions of the Level I and Level II Practice exams. All are included:
  • Level I
    • both are for the current curriculum and both include 180 unique questions.
    • Candidates can purchase the exams individually for $75USD each or they can purchase the Level I Bundle- both Practice Exams- for only $100USD.
    • The Practice Exam or Practice Exam Bundle both include access to the Online Test Bank.
  • Level II
    • both are for the current curriculum and both include 88 unique questions.
    • Candidates can purchase the exams individually for $75USD each or they can purchase the Level II bundle- both Practice Exams- for only $100USD.
    • The Practice Exam or Practice Exam Bundle both include access to the Online Test Bank.
    • Revenue Share for an individual Practice Exam is $37.50USD or $50USD for a Practice Exam Bundle (check sent by CFA Boston to your society)

 

Process 

1. Your society markets directly to candidates (CFA Society Boston can provide a marketing template for your use)
2. Candidates purchase online from CFA Boston
3. Revenue earned is based on candidate sales

Benefits 

• Opportunity to generate non-dues revenue with minimal effort
• Beneficial for societies of all sizes

Terms & Conditions

If you select to participate in the Website Purchase, societies agree to the proscribed candidate promotion program of individual exam sales and marketing via email to their local candidate lists.

Revenue share payments will be made to societies in increments based on sales at the following points of time: March 31, July 31, October 31 and December 31, 2021. 

Candidates will receive immediate download access to the PDF following the online transaction. Access to the Online Test Bank will be provided in a seperate email within 1-3 business days. 

Details

• Includes 2021 Practice Exam Version A* or Version B
• Revenue Share is US $25 per exam use for each version A & B for 2021 (society reimburses CFA Boston for each exam used)

 *2021 Practice Exam Version A is a shortened version of the 2020 Practice Exam.

• Level I is shortened to 180 questions from 240 questions
• Level II is shortened to 88 questions from 120 questions

The full version of the 2020 Practice Exam is available to candidates in the Online Test Bank. If Societies choose to offer multiple versions, please communicate to candidates the possibility of seeing duplicate content. Societies may offer both versions to candidates and will be charged $25 for each version per candidate. 

 

Process 

1. CFA Boston emails exams to society contact
2. Society markets directly to its own audience
3. Society manages distribution of hard copies to candidates
4. CFA Boston generates invoice based on total usage

Benefits 

• Ability to customize use of exam to single candidates or study groups
• Pricing flexibility
• Creates a candidate outreach opportunity and recognition for participating societies

Terms & Conditions

If the Local Live Exam Option is selected, CFA Boston will electronically supply you with one exam set per level including the answer keys. You will be responsible for reproduction and distribution to your candidates.

Electronic distribution to candidates is strictly prohibited.

Societies will be responsible for sending CFA Society Boston the number of exams adminsitered per level as per the Revenue Share Agreement. CFA Society Boston will request a final count by the end of each exam cycle during the year. 

Primary Contact Details

Alternate Contact Details

Terms & Conditions

This contract is binding until December 31, 2021.

If you select to participate in the Website Purchase (Option 1), societies agree to the proscribed candidate promotion program of individual exam sales and marketing via email to their local candidate lists.

Revenue share payments will be made to societies in increments based on sales at the following points of time: March 31, July 31, October 31 and December 31, 2021. 

Candidates will receive immediate download access to the PDF following the online transaction. Access to the Online Test Bank will be provided in a seperate email within 1-3 business days. 

If the Local Live Exam Option (Option 2) is selected, CFA Boston will electronically supply you with one exam set per level including the answer keys. You will be responsible for reproduction and distribution to your candidates.

Electronic distribution to candidates is strictly prohibited.

Societies will be responsible for sending CFA Society Boston the number of exams adminsitered per level as per the Revenue Share Agreement. CFA Society Boston will request a final count by the end of each exam cycle. 

Addendums, if any,will be posted on www.cfaboston.org starting in June 2021. This will be updated as needed. 

The contracting society hereby releases, holds harmless, and discharges CFA Boston of and from any and all claims, causes of action, costs, and liabilities whatsoever which the undersigned had, has or hereafter may have against CFA Boston, because of, arising from orin connection with the purchase or use of the CFA Boston CFA Practice Exam.

I, the undersigned, an authorized representative of {societyName}, agree to be bound by the terms and conditions set out for this option.