The Candidate Handbook explains the complete candidate experience step by step. View in HTML or download the handbook.

Scheduling Instructions

The CAIA exams are administered in computerized format at proctored testing centers around the world. All exams are scheduled directly through Pearson VUE, our global testing provider. Click here for scheduling instructions.

Exam Structure

The Level I exam is composed of 200 multiple-choice questions; the Level II exam is composed of 100 multiple-choice questions and three sets of constructed-response (essay-type) questions. Click here for more information.

Examination Misconduct

The CAIA Association views exam misconduct and other inappropriate conduct within the program as a violation of a candidate's responsibilities. The CAIA Association is committed to protecting the integrity of the CAIA Charter. Review the CAIA Association Examination Misconduct Policy.

Exam Results

For information on the release of exam results including timelines, please click here.