*** IMPORTANT INFORMATION ABOUT THE VMA EXAM ***
SAVE International continuously strives to improve its certification program to make it the most credible and efficient it can be. We were aware of some issues with our online testing vendor and how the VMA exam was being administered; therefore, SAVE will be making a change to its certification exam testing vendor in the coming months.
In order to fully integrate into a new testing system, SAVE will be implementing a ‘black-out’ period starting January 1, 2020 through the first quarter of the new year. During this time, no one will be able to take VMA exam. There will be no exceptions.
Also, this will have no effect on the SAVE international affiliates and how they administer the VMA exam to their members.
Once the new online testing vendor is in place and new procedures are finalized, we will provide detailed information to all SAVE members.
Thank you for your understanding and patience.
Value Methodology Associate (VMA) Certification Exam
The purpose of the VMA exam is to test an individual’s knowledge of the Value Methodology. Only individuals who have completed an approved VMF 1 course can take the VMA exam.
Candidates have 90 minutes to compete the exam, which consists of 60 multiple choice questions focused on the following Core Competencies:
The SAVE Certification Board strongly recommends a thorough understanding of the concepts within the definitions provided in the SAVE International Certification Board Value Methodology Dictionary. Please see 'Section 1 – Certification Program Information, Educational Resources, Other Educational Resources' within the SAVE Certification Program Manual for a list of other educational resources for study.
One’s advisor should help the candidate prepare for the exam and recommend books. It is recommended that candidate’s review their completed VMF 1 course materials to prepare for the VMA exam.
A score of 70% or above (42 or more questions answered correctly) must be achieved to pass the exam. If the candidate fails, they may retake the exam in 30 days up to three times in a one-year period. After the third failure, the candidate must reapply from the beginning.
VMA Exam Retakes
If you are interested in retaking the VMA exam, please contact the SAVE business office at firstname.lastname@example.org to receive additional instructions.
To appeal your VMA exam results, please send a detailed request via email to the SAVE Appeals Committee at email@example.com.