United States
Exam Details
Preparing for the Level 2 CAIA® exam can be stressful...and at Kaplan Schweser, we understand how important it is for candidates to stay focused on learning instead of worrying about exam details. Below you will find useful links, key exam information, and important dates so you can do what's most important...study!
Level 2 Candidates
March 2012 Level 2 CAIA Exam Window: March 1 – 14, 2012
Exam Information:
The Level 2 CAIA exam is composed of 100 multiple-choice questions and three sets of constructed-response
(essay-type) questions, which measure candidates' knowledge of the CAIA Level 2 curriculum. Candidates are given 2 hours to complete the multiple-choice question section and 2 hours to complete the constructed-response section. The Level 2 curriculum includes: trading strategies; asset allocation; risk management; structured products; indexing and benchmarking; current topics; and current academic and industry research.
|
Level 2 Topic Outline
|
|
| Topics Covered | Weight |
| Professional Standards and Ethics (Topic 1) | 10% - 15% |
| Private Equity (Topic 2) | 10% - 15% |
| Commodities and Managed Futures (Topics 3-4) | 15% - 20% |
| Real Assets (Topic 5) | 10% - 15% |
| Hedge Funds (Topic 6) | 15% - 25% |
| Current and Integrated Topics (Topics 7-11) | 20% - 30% |
Administered in computerized format, the Level 2 CAIA exam can be scheduled at Pearson VUE test centers around the world.
|
Level 2 CAIA® Exam Registration Fees
|
||||
| Standard | AIMA / CISDM Member Companies** | |||
| Early Registration | Registration | Early Registration | Registration | |
| Level 2 Exam Registration Fee * | $900 | $1,000 | $675 | $750 |
| Total | $900 | $1,000 | $675 | $750 |
|
Membership Fees
|
||
| Standard | AIMA / CISDM Member Companies** | |
| First Year Only Membership Dues | $250 | $150 |
| Subsequent Annual Membership Dues | $250 | $250 |
|
Important Dates
|
Items to Remember
|
|
| October 3 – November 14, 2011 | Early Registration | |
| November 15, 2011 – January 31, 2012 | Standard Registration (late registrations will not be accepted) | |
| March 1 – 14, 2012 | March 2012 Level 2 Exam Window | |
* Exam Retakes: The cost to retake either exam (Level 1 or 2) is $350.
** The fees and dues listed for the AIMA and CISDM are only applicable to members of the Center for International Securities and Derivatives Markets (CISDM) and the Alternative Investment Management Association (AIMA).
Level 1
Learn directly from our CAIA experts anytime, anywhere!
- 24 hours of in-depth instruction
- Flexible and convenient online format
- Unlimited on-demand review of past sessions
Available in PremiumPlus and Premium Instruction Packages only.