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.

Early Registration ends May 13, 2014.

Level I Exam: September 15-26, 2014

Level II Exam: September 8-19, 2014

Exam Dates
Exam Cycle Registration Opens Early Registration Deadline Registration Closes Level I Exam Window Level II Exam Window
September 2014 April 1, 2014 May 13, 2014 August 5, 2014 September 15 - 26, 2014 September 8 - 19, 2014
March 2015 October 1, 2014 November 12, 2014 February 4, 2015 March 9 - 20, 2015 March 2 - 13, 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. 

** As co-founders of the CAIA Association, employees of AIMA and CISDM member companies receive a 25% discount on first-time exam registration fees. Additionally, employees of CISDM member companies receive a 10% discount on first-time exam registration fees.

The CAIA Association offers a 10% discount to members of select trade associations. Please see the CAIA Association Partners page for a complete list of available registration discounts.