A new year, the CKE results around the corner and some requests in the comments tell me that candidates are looking for more information on UFE prep programs out there. I haven’t taken each individual course myself so I can’t rate them but I’m hoping candidates that have taken them in the past can give us some input in the comments. Outside of that, please visit their web sites and checkout what you get as part of the course to make your decision.
On a similar note, in the past I’ve discussed a UFE schedule and we got some great comments from past students on what worked for them in their respective provinces. I do recommend you check the previous articles out.
So here is the major stuff out there and what I know about it.
Densmore Consulting Services offers the Densmore Prep Program. I took this program for SOA and UFE prep and it offers an excellent introduction to case writing as well as the emotional aspect of writing these exams. Densmore has excellent and experienced instructors, plenty of case marking as part of the course and books/presentations that you can learn from. Learn about the fees for the course here. Densmore has also added online versions of the course which are a little less expensive at $1,000 without marking and $1,600 with marking. As far as I know, this is the leading UFE prep program out there based on the number of candidates that take it which means that you’ll most likely end up in some large lectures. All the instructors were very willing to help those with questions though which is a very positive thing.
Professional Accounting Supplementary School (PASS) offers its comprehensive UFE prep course through the summer as well. I took this course for CKE but not for SOA or UFE. I can tell you that Mr. Walfish has a very strong technical background and offers a good CKE course. Like Densmore, PASS has begun to offer and online version of their course in the winter which is available for $595.
In Ontario, the ICAO offers the UFE Finalist Preparation Program. I have no personal knowledge of how these courses are since I haven’t taken them. If you’ve taken it, please let us know your experience in the comments.
For those looking for further alternatives, a number of newer courses and programs have sprung up in the past few years which look promising.
ExaMENTOR has been around for a number of years now offers a number of UFE related services including in-class workshops, marking services and coaching services. They’re also in some more locations than you might find the other programs above which could reduce your travel costs. For those looking for a more individual experience and attention, exaMENTOR may be worth trying. Prices range based on your choices and may be a good value for the size of the class, check it out.
CPA Formula is a new online training program which offers a mix of video lessons, case marking and virtual/in-person tutoring and some method to compare yourself to candidates in other provinces. You can learn a little more about what they offer here. CPA Formula is priced a little lower than the major lecture-style courses mentioned above and may be a good value for candidates who can part with the classroom setting.
(Full disclosure: exaMENTOR and CPA Formula advertise with UFE Blog)
So what’s best for you?
Wish I could tell you! You’ll have to go through what each program offers and decide which one will work best for your situation. I do recommend you have some support though, even if it’s just strictly marking support from a professional marker. I’ve known people who have passed the UFE first try with just a little marking support but for most I still recommend a course, especially if you haven’t done a lot of case writing in the past.
Are you a past UFE writer who took a course? Let us know how your experience was!