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. Candidates' knowledge is assessed through exams, administered globally at computerized testing centers. 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 Charter within a single year. Once a qualified candidate completes the CAIA Program, he or she is eligible for CAIA membership.

Beginning with the September 2012 Level I exam, the CAIA Association is introducing the revised and updated CAIA Level I: An Introduction to Core Topics in Alternative Investments, Second Edition. This textbook and the accompanying study guide contain everything candidates need to know to build a solid foundation in alternative investment markets and to prepare for the CAIA Level I exam. They include comprehensive insights into all of the various strategies within each alternative asset class as well as portfolio management concepts central to alternative investments.

Click here to learn more and download a free sample chapter.

To get started with the CAIA Program:

• Explore the Curriculum and Exams pages of CAIA.org for information about the program.
• Acquire the level specific curriculum readings and study materials on the Curriculum page.
• Review the Candidate Handbook for detailed information about the exam process.
• Register for an exam.