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CAIA Level I Exam Preparation

Guided Learning. Efficient Tools. Proven Results.
Why have 50,000+ CAIA® candidates prepared to pass with Kaplan Schweser? Because our proven study packages include the renowned SchweserNotes study books, thousands of unique practice questions, among the most realistic mock exams in the industry, and the added insurance of our PassProtection guarantee.

Ensuring Your Success at Both Levels of the CAIA Program

CAIA Level I

The CAIA Level I exam tests your knowledge of the tools used to analyze alternative investments, while also establishing a foundational understanding of alternative asset types. Level I is a multiple-choice exam.

CAIA Level II

The CAIA Level II exam tests your ability to apply the tools learned in Level I to analyze and invest in alternative investments. Level II has a multiple-choice portion and a constructed response (essay) portion.

2026 CAIA Level I Exam Study Packages

Choose a study package that aligns with your specific needs, learning style, and budget.

Recommended
Study PackagePremium Package

$1,049.00

  • OnDemand Masterclass

  • Printed & Digital Books

  • All of Kaplan’s Study Tools, Exams, & Review Materials

  • PassProtection™ Guarantee


PACKAGEEssentialPlus Package

$749.00

  • Printed & Digital Books

  • Study Tools & Practice Exams

  • Review Workshop

  • PassProtection™ Guarantee


PACKAGEEssential Package

$549.00

  • Printed & Digital Books

  • Study Tools & Practice Exams

  • PassProtection™ Guarantee


Shop All CAIA Level I Individual Study Materials

Shop All CAIA Level I Classes and Workshops

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ClassesKaplan Schweser

CAIA Level I OnDemand Class

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$399.00
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Study ProductsKaplan Schweser

CAIA Level I OnDemand Review Workshop

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$349.00

Why Should You Prepare for the CAIA Level I Exam with Schweser?

  • 35+ Year Track Record

    When you’re ready to earn the CAIA charter, partner with a leader in the exam prep industry for more than 35 years. With an exam-focused study plan and quality materials, we’re your proven path to CAIA exam success.

  • Customizable Study Plan

    Take the guesswork out of creating your CAIA study plan. Your Activity Feed efficiently guides you through the content and study tools, giving you an integrated study experience. You can even schedule days off, and your activities will adjust accordingly.

  • Exam-like Learning System

    Designed by CAIA experts and backed by proven learning science, Schweser’s study program is 100% focused on passing your CAIA exam. Your study materials are designed to mirror the structure, format, and difficulty of the actual CAIA exam so there are no surprises on exam day.

  • Highly Experienced Team

    Why go it alone when you can get support from a global network of CAIA charterholders and content professionals? Our experienced team provides the expert instruction and guidance you need to pass the first time.

  • The Candidates’ Choice

    Don’t settle when it comes to your CAIA exam prep. Join more than 50,000 fellow candidates who have trusted Schweser to help them pass the CAIA exam.

CAIA Level I Exam FAQs

Important CAIA Level I Exam Dates

Find out when you need to register to sit for your CAIA Level I exam.

Level I Exam Window

March 2-13, 2026

Registration Opens

October 13, 2025

Early Registration Deadline

December 8, 2025

Registration Closes

February 2, 2026

Register for Exam

Level I Exam Window

Coming Soon

Registration Opens

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Early Registration Deadline

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Still have questions? Schedule a call with an expert to get answers and a personalized study plan.

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Level I CAIA Exam FAQ: Chartered Alternative Investment Analyst

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50,000+ CAIA® Candidates Have Prepared with Kaplan: Candidates refers to number of net purchases of study packages containing the printed SchweserNotes™ bookset from 2008 through spring 2024 (less 2020).

PassProtection™: Terms and conditions apply. Learn more at www.schweser.com/caia/pass-protection.

CAIAA does not endorse, promote, review, or warrant the accuracy of the products or services offered by Kaplan Schweser, nor does it endorse any pass rates claimed by the provider. CAIAA is not responsible for any fees or costs paid by the user to Kaplan Schweser, nor is CAIAA responsible for any fees or costs of any person or entity providing any services to Kaplan Schweser. CAIA®, CAIA Association®, Chartered Alternative Investment AnalystSM, and Chartered Alternative Investment Analyst Association® are service marks and trademarks owned by CHARTERED ALTERNATIVE INVESTMENT ANALYST ASSOCIATION, INC., of Amherst, Massachusetts, and are used by permission.

Terms and Conditions: 20% off applies to Premium Study Packages for CAIA® Level I and Level II March 2026 exams only. This offer cannot be used in conjunction with other discounts or promotions, cannot be applied to previous purchases, extensions, or state fees, and is not redeemable for cash value. Offer begins October 6, 2025, and expires at 11:59 pm CT December 11, 2025.