A new era of portfolio construction.
CAIA® is the globally-recognized credential for professionals allocating, managing, analyzing, distributing, or regulating alternative investments.
Emerging
Trends
Unlock Opportunities with New Insight.
Recognizing
Innovations
Embrace Evolving Strategies for Future Innovations.
Analyzing Risk
and Return
Evaluate Unique Risk Characteristics to Leverage Opportunities Effectively.
Ahead of the Curve: A Curriculum in Practice
The remarkable journey of the CAIA curriculum’s development, meticulously shaped by investment professionals ensuring it exemplifies rigor, contemporary best practices, and a forward-looking approach, is unveiled within this exclusive download. Read about the curriculum’s evolution, which offers a glimpse into the significant industry advancements you can expect to be immersed in.
The CAIA Curriculum:
Built by Investors, for Investors.
Included with your program registration at no additional cost, our official curriculum is updated regularly to incorporate relevant, practical industry developments and the latest academic research.
- Ethics
- Intro to Alts
- Real Assets
- Private Equity
- Private Debt
- Hedge Funds
- Digital Assets
- Additional Strategies
- Emerging Topics
- Universal Investment Considerations
- Models
- Institutional Asset Owners and IPS
- Risk and Risk Management
- Methods for Alternative Investments
- Accessing Alternative Investments
- Due Diligence and Selecting Managers
- Volatility and Complex Strategies
Join the credential and professional network that is shaping the future of investing.
Demonstrate your commitment to superior professionalism, upholding industry standards, and continued learning. Successful completion of the two exams puts you among an elite group of more than 13,000 professionals worldwide.
Frequently Asked Questions
The CAIA curricula are written and prepared by the CAIA Association and are the only resource used to write exams. Program materials are reviewed and updated annually by industry experts and practitioners. For your convenience, the Level I and Level II curriculum is available in digital format and included with each new Candidate registration. You may also purchase a print version here.
The Level I CAIA Exam will be administered from September 2, 2024 – September 13, 2024; the Level II CAIA Exam window is from September 16, 2024 – September 27, 2024.
Early registration – which offers a US$400 discount for first-time Candidates – begins April 15, 2024 and ends on June 10, 2024. Regular registration ends on August 19, 2024.
No. We offer an online-proctored option as well. Carefully read the OnVUE physical and system requirements to determine if you meet the technology requirements.
A minimum of 200 hours of study time is recommended for each exam level. The Level I and Level II exams are offered twice each year, in September and March, giving candidates the opportunity to complete the CAIA program within a single year, should they choose to do so.
After passing the Level II exam you are eligible, with relevant professional experience, to join the CAIA Association as a Member and receive the CAIA Charter. You will be part of an elite group of more than 13,000 professionals worldwide. Only after joining the Association are you eligible to add the CAIA designation to your professional profiles.
For first-time Level I registrants, there is a one-time enrollment fee of US$400 plus a standard registration cost that includes the digital curriculum of US$1,395. Learn more about our early registration discount and fee policies here.