Chartered Alternative Investment Analyst Association®

Exam Information

 
In the CAIA program, candidates' knowledge is assessed through two exams, administered biannually at computerized test centers around the world.

 

Spring Exam Registration is closed.

CAIA Fall Exam Registration Opens April 1

Level I Exam: September 14-25, 2015

Level II Exam: September 7-18, 2015

Exam Dates
Exam Cycle Registration Opens Early Registration Deadline Registration Closes Level I Exam Window Level II Exam Window
March 2015 October 1, 2014 November 12, 2014 February 4, 2015 March 9 - 20, 2015 March 2 - 13, 2015
September 2015 April 1, 2015 May 13, 2015 August 5, 2015 September 14 - 25, 2015 September 7 - 18, 2015

 

Exam Fees


All fees are in U.S. dollars. For details on fee policies, see the Fee FAQs.

First-Time Level I First-Time Level II Both Levels
Early* Standard Early* Standard Retake
Program enrollment $400 $400 $0 $0 $0
Exam registration $1,150 $1,250 $1,150 $1,250 $450
$1,550 $1,650 $1,150 $1,250 $450

* The CAIA Association offers a US$100 discount on first-time exam registration fees for candidates who register before the early registration deadline. 

**Employees of AIMA and CISDM member companies receive a discount on first-time exam registration fees. Please confirm membership with AIMA and CISDM, both co-founders of the CAIA Association, to obtain the discount.

The CAIA Association offers a 10% discount to members of partnering trade associations. Please see the CAIA Association Partners page for a complete list of applicable associations.