As CBT format of exam rolling out in 2021, I am puzzled at how it works. If I understand it correctly, to register for each exam session, one can choose from a window of exam writing dates. Does it mean the questions would be different on any date?
If yes, how is it possible for CFAI to ensure fairness in the outcome? - because the population of that exam dates would be dramatically smaller compared against that of the old days when candidates sit in the exam on the same date (sort of) worldwide.
If no, then it leads to concern that questions are more than not likely to be leaked to some extent (not in broad daylight public of course). Again not fair for those who put in great amount of work in the exam prep and wrote the exam honestly.
I know… it is what it is. It’s just this skeptistic thought playing in my head for a while. And I haven’t seen solid discussion on this topic. Coming from the dinosaur age of paper-based exams, I have been quite layback in pursuit of Level 3; the first two exams were taken 3 years apart. Not doubt I regret about not having done it sooner, that’s on me. But I couldn’t help thinking whether it is worth it after all.