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
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. Text for the Level I exam is in the 4th Edition, and Level II is currently in the 3rd Edition, with a new release coming out in October 2020. Both 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.
Scheduling Your Exam
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). Please be sure to schedule your appointment as soon as you can as space may be limited in some locations.