In the competitive alts landscape, mastery of the broad array of asset classes and the strategies and practices surrounding them is essential. By registering for the CAIA exam, you take a major step in your alternative investment education – and your career.
Most Candidates agree that 200+ hours of study on each level prepares them for the CAIA exams. That's a big commitment, so before you start, there are some things you'll want to know. You’ll find everything you need to set yourself up for success on our preparing page. Exam materials include CAIA Level I and II texts, Study Guides, Workbooks, Sample Exams, and a Study Calculator to help you schedule your time.
A recent survey of CAIA Level II Candidates found that more than 96% considered themselves knowledgeable or very knowledgeable about alternative investments after studying for the CAIA exam.
Curriculum & Study Tools - New Digital Format Now Available!
The CAIA curriculum and study guides are the only preparation materials endorsed by the CAIA Association and are the CAIA Charter Candidate's best source of information. Our curriculum is revised regularly to incorporate relevant, practical industry developments, and the latest academic research. Curriculum for the Level I exam was updated in April 2020 and Level II has been updated for the March 2021 exam with a new release available now. Available for the first time in a flexible, interactive digital format, as well as in print, both levels reflect up-to-date and relevant practice, strategies, and investment vehicles you might encounter. Need more details? Take a look at the Curriculum Overview to see exactly what’s covered.
A robust, interactive digital curriculum for each Level, incorporating all materials including the Workbooks, Study Guides, and ancillary materials (CFA Standards of Practice Handbook (LI) and CFA Asset Manager Code (LII) is available for the March 2021 exams and may be purchased here.
Scheduling Your Exam - At a Test Center OR Via Online Proctoring
Once you've registered for your exam, you'll receive an email with a link to schedule your exam appointment (or, you can select "schedule your exam" from the navigation bar above after you've registered). CAIA now offers the option of either scheduling your appointment at a test center or via an online proctored exam (available for scheduling after December 1 - check your email for details after you register). Please be sure to schedule your appointment as soon as you can as space may be limited in some locations.