CAIA Level II Exam

Training : CAIA Level II Exam

Mon, 10/09/2012  
Conducted by : CAIA
Contact : Lynne Feldman

 

This is the second of two exams offered by the CAIA Association. This exam (in addition to other requirements) must be passed for an individual to become a CAIA designee. The CAIA program is the only globally-recognized credential specifically in alternative investments (hedge funds, private equity, commodities, managed futures, real assets, and professional standards and ethics).  Level II addresses issues such as due diligence, portfolio management, risk management, and portfolio monitoring.

 

Exam Dates - Level II
March 1 – 14, 2012
September 10 – 21, 2012
 
The CAIA exams are administered in computerized format at proctored test centers around the world.Click here for more information on locations.

 



Exam Information
Time Limit: 4 hours plus break
Number of Questions: 100 multiple choice; 3 constructed response
Passing Score: Determined each year by CAIA Association
Passing Rates: In March 2011, 58% passed Level I
Format: Multiple Choice and Constructed Response (essay-type)
Prerequisites: Pass CAIA Level I
Corequisites: One year of work experience is required to become a full CAIA member.
Exam Date(s): March and September
Exam Results: Within six weeks of last exam date
Official Exam Website: CAIA.org
 

How do I earn the CAIA designation? The right to use the CAIA designation is earned by (1) successfully completing the CAIA program (i.e., passing both the Level I and Level II exams) and (2) becoming a member of the CAIA Association. To qualify for membership in the Association, you must fulfill all the following requirements.
1. Pass the Level I and Level II exams.
2. Hold a U.S. bachelor's degree or the equivalent, and have more than one year of professional experience, or alternatively have at least four years of professional experience.*
3. Submit payment for the annual CAIA Association membership fee.
4. Agree on an annual basis to abide by the Member Agreement.
Membership is the final requirement for individuals who wish to use the CAIA designation.  *Professional experience is defined as full-time employment in a professional capacity within the regulatory, banking, financial, or related field.
What do I get for becoming a CAIA designee, i.e. what are the benefits?
The CAIA Association is a dynamic organization that reflects its membership's interests and provides them with a vibrant global network. We are committed to developing industry skills and educational standards, and provide the industry's first and only designation for alternative investment specialists.
 
How much does the program cost?
To enroll in the CAIA program you must pay the one-time, non-refundable enrollment fee of $400 and the $1250 Level I test registration fee.
 

 
 
 

 

 


features
Special report
Cayman Islands Hedge Fund Services 2014

Cayman Islands Hedge Fund Services 2014

Fri, 19/12/2014 - 10:24

With service providers reporting growth in hybrid funds, funds for single investors and bespoke managed accounts, this report examines the regulations and new services being developed in Cayman to tackle the fast-changing offshore funds market... »

Article
Survey

Hedgeweek Global Awards 2015

Fri, 19/12/2014 - 09:11

Voting for the 6th edition of the Hedgeweek Global Awards is now open. The Awards will be presented at a lunch ceremony to be held in London. ... »

Special report
Hedge fund managed accounts 2014

Hedge fund managed accounts 2014

Tue, 09/12/2014 - 09:58

Read how managed accounts platforms are now catering to a wide spectrum of investor needs, from straightforward commingled funds to sophisticated infrastructure solutions for the largest institutional investors. And the rise of liquid alternatives means that onshore funds - UCITS, AIFs and '40 Act funds - are becoming just as popular as offshore funds... »

Article
Stack of US dollar bills

Global assets under management* of the private real estate industry have reached USD742bn, an all-time high for the industry, and up from USD697bn as of the end of 2013. Preqin’s Andrew Moylan takes a look at the latest stats on the industry. ... »

Article
S&P Capital IQ Special Report

In this report S&P Capital IQ examines how credit events can impact on the price of equities. The results are compelling. The report looks at the relationship between credit indicators and equity back-tested returns. ​ ... »

latestjobs
SVP Model Validation

Sat, 27 Dec 2014 00:00:00 GMT

Quantitative Research | Equity | New York

Sat, 27 Dec 2014 00:00:00 GMT

Quantitative Analyst - CVA, IR, and Credit Model Validation - US Investment Bank

Thu, 25 Dec 2014 00:00:00 GMT

events
2 weeks 2 days from now - New Orleans
3 weeks 4 days from now - Boston
3 weeks 4 days from now - New York
4 weeks 1 day from now - New York
specialreports