CHARTERED ALTERNATIVE INVESTMENT ANALYST (CAIA®) PROGRAM - LEVEL I EXAM

The CAIA® Level I Exam provides an introduction to Alternative Investments, the risk and return parameters and its performance measurement.

It provides insights on various types of Alternative Investments, such as:

• Introduction to Alternative Investments
• Private Equity
• Hedge Funds & Managed Futures
• Commodities & Real Assets
• Structured Products & Credit Derivatives
• Risk Management
• Ethical Standards and Professional Conduct

Over 11,000 CAIA Members are industry professionals in more than 100 countries, representing senior leadership in the allocator, manager, regulator, and academic verticals.

Exam Format

• The CAIA Level I exam is composed of 200 multiple-choice questions. The 200 questions are to be completed within 4 hours.
• There are 2 sections in the exam of 2 hours each. Each section has 100 multiple-choice questions.
• The candidate has the option of taking a 30-minute break between the 2 sections.

CAIA LEVEL I EXAM TOPIC WEIGHTS

Topic Area	Weight (%)
Professional Standards and Ethics	15-25%
Introduction to Alternative Investments	20-28%
Real Assets	11-17%
Hedge Funds	12-20%
Private Equity	11-17%
Structured Products	10-14%

IMPORTANT DATES AND DEADLINES

Exam Month	Registration Opens	Early-bird Registration	Registration Ends	Exam Window
September, 2022	April 04, 2022	May 16, 2022	August 08, 2022	August 29, 2022 to September 09, 2022
March, 2023	October 03, 2022	November 14, 2022	February 06, 2023	March 06, 2023 to March 17, 2023

Fee Structure

Particulars	Early-bird Registration (USD)	Standard Registration (USD)	Exam Re-take (USD)
Exam Registration	1150	1250	450
Program Enrollment(One-time)	400	400	-
Total Fees	1550	1650	450

To know more about Exam Fees, dates and scholarships, please refer to www.caia.org