Anyone considering the CAIA?

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jlive1975

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I'm not taking L2 until 2010 but I'm thinking about going for both levels of the CAIA next year since you can take both levels in the same year plus there's a lot of overlap it seems in material. Has anyone else considered it?

Check out my blog

http://myCFAadventure.blogspot.com
 
I have considered it.... but no decisions as of yet.... haven't won the lottery required to keep paying for all these exams...
 
I'm in the same boat (can't take L2 for another 18 months - damn CFAI). I've decided that I'll take CAIA if I passed, but will just start studying for CFA again if I failed.
 
thinking about it. its not overly difficult and would be good to have given i work for a hedge fund mgr, although nowhere near the recognition of CFA...
 
100 hours? Please I could study for this in my sleep.

It looks interesting - I'm gonna check it out.
 
LOL thats what I said....

Check out my blog

http://myCFAadventure.blogspot.com
 
f2d Wrote:
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> Why can't you take L2 for 18 months?


Personally, I'm still in college, and took L1 under the "last year" exemption. However, you can't register for L2 until you have your diploma in hand - for me, that's May. Unfortunately, the deadline to register is around St. Patrick's day.

So I won't be eligible to take L2 in 2009, which means it'll have to wait till 2010 (unless CFAI decides to announce that they're changing the exam schedules, and adding L2 & L3 in December starting in 2009....which is pretty unlikely).



Edited 1 time(s). Last edit at Sunday, December 7, 2008 at 11:44PM by UndergradCFA.
 
That'd be nice if they added L2 & L3 in december, that way i could finish early 2010 instead of late 2010.

Doubt it'll happen though.
 
I almost did it last September. It does look like interesting material, however the cost is my biggest deterrent now.
 
tbh, it looks worthless. I've never heard of it before and it looks like a watered down knock off of the CFA limited to alternative investments instead of all financial products..
 
CAIA has been discussed numerous times on this forum by the biggies. I am sure JDV will shed some light on this. Majority of the people here find it useless and its pretty expensive and its also one of those 'doesn't-get-u-a-job' type of certification. Better to do PRM which is way harder than CAIA and has global recognition.
 
UndergradCFA Wrote:
-------------------------------------------------------
> f2d Wrote:
> --------------------------------------------------
> -----
> > Why can't you take L2 for 18 months?
>
>
> Personally, I'm still in college, and took L1
> under the "last year" exemption. However, you
> can't register for L2 until you have your diploma
> in hand - for me, that's May. Unfortunately, the
> deadline to register is around St. Patrick's day.
>
> So I won't be eligible to take L2 in 2009, which
> means it'll have to wait till 2010 (unless CFAI
> decides to announce that they're changing the exam
> schedules, and adding L2 & L3 in December starting
> in 2009....which is pretty unlikely).

You can register for L2 as long as you will have your degree by the test date. The CFAI may make you get a letter from your university, but it's doable.
 
hoffmag2 Wrote:
-------------------------------------------------------
>
> You can register for L2 as long as you will have
> your degree by the test date. The CFAI may make
> you get a letter from your university, but it's
> doable.


Have you done this? From the correspondence I've had with CFAI, it seemed that they were pretty strict about having to graduate prior to registering.
 
I'm absolutely considering this exam. It all depends on whether i pass or not.

If i pass, i will hit level two. If i don't pass, I'll do level one in june, then the CAIA in november, then level II in june '10
 
I'm going to take level 2/level 1 re-write and then a leave of absence from work to try to do something related to microfinance. Now is the time to travel!



Edited 1 time(s). Last edit at Monday, December 8, 2008 at 04:48PM by TheAliMan.
 
Could be wrong, but I always thought FRM>PRM.

PRM
http://www.prmia.org/index.php?page=training&option=trainingCertification

FRM
http://www.garp.com/
 
gtg414g Wrote:
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> surveyinn, whats PRM?


PRM is Professional Risk Management designation. They are two exams or can be taken all at once i think. PRM has a lot of international appeal. But in US, FRM (supposedly) is tad bit popular than PRM.
 
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