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TestBank

  • What are the Practice Tests included in the TestBank software?
    These are customized tests that are generated based on your specifications. So, for instance, you can specify for the software to generate a 50-question test for you on all Topics in Part 4 of the CAIA curriculum or for it to generate a 30-question test on just Topic 7.

    We recommend that clients first study a Topic chapter from the Study Handbook, practice the questions at the end of that chapter, and then go to TestBank and have it create a test on all available questions on that chapter. That way, after learning the material, you are really testing yourself on it to make sure you understand it.
  • What are the Mock Exams included in the TestBank software?
    There are tests that the software generates that are created based on the CAIA weightings. For instance, for Level I, the CAIA Study Guide states that the exam will include about 35 questions on hedge funds. So, the UpperMark Mock Exam will include 35 questions on hedge funds.

    The Mock Exam is so "real" that it even allows you an optional 30-minute break after the first session of the test - just like the actual exam!
  • How many simulated tests are included in the TestBank software?
    There are an unlimited number of simulated tests to be taken. The software will generate a new test each time you select to take a simulated test. It draws the questions from the entire bank of questions and will create the test first using the questions you have not seen in previous tests.
  • How many multiple-choice questions are there in TestBank?
    Level I: There are over 1200 questions in the Level I Testbank.
    Level II: There are over 1300 questions in the Level II Testbank.

    Also, we periodically add questions to both Levels' TestBanks. These are automatically accessible to users each time they update their TestBank software.
  • Are there any sample essays in the Level II TestBank?
    Yes, TestBank includes a set of sample essay questions together guideline answers.
  • Can I review the tests that I previously took?
    Yes. TestBank saves your old tests so you can review them at a later time. You can even review all the questions and answers on any of the tests.
  • What are the differences among the CD, Download, and Web versions of TestBank?
    The CD and Download versions of our TestBank software are virtually the same. The primary difference is that the Download version is available immediately after you have completed your purchase, whereas the CD has to be shipped to you and you would install the software once you receive the CD. Both versions are installed on your desktop.

    The web version is designed for MAC users and for PC users who want to use the application via the internet, rather than on their desktops. Access to the web version is available immediately after you have completed your purchase. The speed of the application depends on your connection to the internet.

    All versions of TestBank have the same features and access the same bank of questions.
  • Do I need the internet to use TestBank?
    No. If you purchase the CD or Download versions, the application is installed on your desktop and so you do not need the internet to use it. So, you can easily use it on business trips where internet access is not possible. The only time you need the internet is to update the software to a more recent version.
  • If I buy the CD or Download version, can I access the new questions you add to TestBank?
    Yes. Each time you update your software, any new questions added to the bank will be incorporated into the TestBank on your desktop. The same goes for any new features added to the application.
  • How do I update my TestBank software?
    To update TestBank CD/Download via the Internet -
          1.  Open TestBank - it will automatically check to see if a newer version is available and, if so, it will prompt you to approve the update.
           OR
    2.  Go to "Help" in the top toolbar of the TestBank application and select "Check for Update" in the drop-down menu - or check the option that reads "Enable Automatic Update".
    To update TestBank CD/Download manually (possibly due to firewall issues) - kindly login into your account on our website. Then, in your Study Center, select the “Updates and Errata” Box for instructions to update TestBank.

    No update is necessary for TestBank web.
  • Can I install TestBank on more than one computer?
    The license agreement permits your personal use of TestBank on two computers. So you can use it both at home and at work or at work and on your laptop - whatever best meets your needs.

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