The CAIA Program

The CAIA program is designed to facilitate self-directed learning for today's busy professionals through a comprehensive set of readings on risk-return attributes of institutional quality alternative assets. The program is organized into two levels of study. The Level I and Level II exams are offered twice each year, in March and September, giving candidates the opportunity to earn the CAIA designation within a single year.

The CAIA designation demonstrates mastery of alternative investment concepts, tools, and practices and promotes adherence to the highest standards of professional conduct.

Alternative investment topics covered in the CAIA program include:

  • Hedge Funds
  • Commodities and Managed Futures
  • Private Equity
  • Real Assets
  • Credit Derivatives and Structured Products
  • Professional Standards and Ethics

Learn More

Value of the CAIA Designation

The CAIA program is the educational benchmark for the alternative investment industry and the CAIA designation is now recognized globally as the most respected credential in alternative investing.

Learn More

News

The first in a series of interviews with industry professionals, Erik Knutzen, CAIA, Chief Investment Officer, NEPC discusses the role alternatives play in investment portfolios, clients’ expectations and fears in the current environment, risk budgeting, and common mistakes in manager selection. Mr. Knutzen spoke with Wendy Coleman, CAIA, CFA, FRM...
The world of alternative investments is constantly evolving and the CAIA Association is committed to helping its members stay abreast of new developments in the field. Our curriculum is updated regularly to reflect current issues in alternative investments. To ensure that members are informed about changes to our curriculum, we developed the Self-...