Free diagnostic
Free Level I practice test
12 questions from all six topics in 14 minutes. Then your score in each area, a short lesson on the one to fix first and a study plan.
- Questions from every topic: ethics, introduction, real assets, private markets, hedge funds, digital assets. Have a calculator ready.
- No account, and nothing about your answers is kept.
- Questions come one at a time on one clock, 72 seconds each, the pace of our full-length practice exam.
The six topics
| Topic | Questions in our mock |
|---|---|
| CAIA Ethical Principles | 40 of 200 |
| Introduction to Alternative Investments | 48 of 200 |
| Real Assets | 28 of 200 |
| Private Equity and Private Debt | 40 of 200 |
| Hedge Funds | 30 of 200 |
| Digital Assets | 14 of 200 |
Our full-length practice exam has 200 questions in four hours, in two sections, with our own topic mix.
How we score it
CAIA publishes no passing score on its public pages, so we do not predict a pass. You get your share right in each topic and overall.
Original practice questions for Level I of the CAIA® exam. CAIA and Chartered Alternative Investment Analyst are trademarks of the CAIA Association. UniGenius is an independent course, not affiliated with, endorsed or sponsored by the CAIA Association.