Anyone taking the September CAIA?

A

Aztek

New member
Joined
Jun 18, 2026
Messages
0
Reaction score
0
I think they would expect us to memorize only the formulas listed at the end of CAIA study guide.
 
Please God DO NOT fork over any $$ for the Institutional Investor material. I did last year, and it was a total rip-off. No depth, limited question sets, twice the price of Schweser and triple the price of Uppermark. The typeface alone was about twice the size of Schweser, proving that II was trying to pad it out.

Get the Uppermark or Schweser material. I used both and both are well done. Again, big red flag to all of you guys: do not "use" the II stuff -- questions were stupid, answers were wrong, explanations wrong-headed, etc. etc. Clearly, the II powers dumped their Beta release on the market and were trading on their brand name. If you get this thing, you will be aghast that you have spent so much money on a couple of very thin books, whose explanations keep repeating themselves over and over in order to pad out even those few dumbed-down pages.
 
thanks, I'm only relying on source material the kaplan stuff.

I'm finding the quant half of the CAIA level 1 to have very qualitative questions in the kaplan books.

How was the CAIA testing experience like for you?
 
Although CAIA throws out a lot of foumulas, the fact is that most of the test is qualitative. You even have to write essays during the afternoon, and nary a one (thus far) has required analytics. There are about 10 really hard quant questions on the exam. After that, most of it is rote memory, as in "what's a Theta"? I'm not kidding . . .
 
Auburn, for L1

are there lots of questions on risk/return char. of hedge fund strategies and PE? i see in teh LOS they ask you a lot on "contrast the return char. of risk art. vs. global macro". what advice do you have for this opponent?

i find that htere is a lot of memory required work here.
 
You must log in or register to reply here.
Back
Top