A first sitting costs US$1,395 if you register early and US$1,795 otherwise: the exam fee plus a one-time US$400 enrolment fee.
Enrolment fee (one time)
US$400
Exam fee, early registration
US$995
Exam fee, standard registration
US$1,395
Retake
US$795
What a first sitting costs
Registration
Enrolment
Exam fee
Total
Early
US$400
US$995
US$1,395
Standard
US$400
US$1,395
US$1,795
What the fees cover
The enrolment fee is paid once, with your first Level I registration, and is non-refundable.
The exam fee includes the digital curriculum.
Canadian and Indian GST are added to all fees where they apply.
Try 4 questions
Question 1What makes an investment alternative, and the alternatives environment
A private equity fund has $500 million of committed capital, of which $300 million has been drawn and invested; the investments are now valued at $350 million. The management fee is 2% a year of committed capital during the investment period. The annual management fee is:
Question 2Buyouts and private equity investing: structure, returns and fees
An LP has paid in $80 million of its $100 million commitment to a fund. It has received distributions of $60 million and its share of the fund's net asset value is $72 million. The TVPI is closest to:
Question 3The hedge fund industry: structure, fees, biases and indices
The manager of a fund receives 20% of any gain in net asset value above the high-water mark and bears none of the losses. From the manager's side, this incentive fee is BEST described as:
Question 4Distributed ledger technology, tokens and smart contracts
Which of the following BEST describes a distributed ledger?