CFA I didn’t make the CAIA………..to respond to earlier post
they (CFAI )include some Alternative investments in the curiculum, but not as detailed.
CFA program will focus more on portfolio mangement and how alternative investments
could contribute to portfolio performance.
if you can afford the time and money, I think that the CAIA material is great to learn.
if looking for something that will have a greater influence on career, look at CFA
CFA is more difficult than CAIA in terms of time required to finish the entire program and also the total amount of material to learn….expect to dedicate about 3-5 years for CFA versus 1 1/2 to maybe 3 at the most for CAIA….of course people could take much longer, but I would estimate these figures to be the average time needed to complete.
Money not a concern…If one doesn’t have a Finance Masters degree or MBA, it would be more valuable to spend the same time on one of those instead of CAIA. CFA will take longer than all to finish and not as versatle as an MBA but is the absolute best for Portfolio Management, security analysis and investment research. MBA is best for I Banking etc, but also is a great compliment to CFA. Master Finance is probably best for Corp. Finance…..