Introduction to the content of CAIA exam
The CAIA project includes two levels. The first level uses investment analysis to check the basic characteristics of various alternative investment assets, and the second level uses these analyses in asset allocation and decision-making framework. Both levels include the basic components of CAIA project: ethics and professional behavior.
The first-level course covers quantitative analysis, regulatory framework, trading strategy, performance measurement, real estate, hedge funds, commodities, managed futures, private equity, credit derivatives and other fields.
The second-level course covers the following fields: asset allocation, portfolio management, style analysis, risk management, structured products, indexation and benchmarking, current topics and case studies.
Application Conditions for Chartered Alternative Investment Analyst (CAIA)
1. Passed the alternative investment analyst exam.
There are two grades in the exam, and candidates must pass the second-level exam within 3 years after passing the first-level exam; However, if you pass the second-level audit and do not meet the experience requirements, you have the option to apply for affiliate membership.
2. Relevant work experience
Relevant work experience refers to full-time work experience in financial related fields, such as supervision and banking. Require 4 years working experience in relevant major or 1 year relevant working experience and equivalent to a bachelor's degree in the United States.
3. Online membership certification
Eligible applicants must complete online membership certification, provide 2 referees, and pay membership fees regularly every year.
CAIA, a chartered alternative investment analyst, introduced
The title of Chartered Alternative Investment Analyst (CAIA) was awarded by the Chartered Alternative Investment Analyst Association in Massachusetts, USA. It is the only educational standard in the world designed for people who specialize in alternative investment. The CAIA Charter covers hedge funds, real estate, private equity, commodities and managed futures, which proves the holder's professional commitment and mastery of the unique basic characteristics of alternative investment, and makes the holder and his company stand out from the competition.