Best CAIA Association Certifications in 2026

CAIA Association is a nonprofit professional body for alternative investments, which awards the CAIA charter covering hedge funds, private equity, real assets and other alternatives.

Chartered Alternative Investment Analyst (CAIA)

CAIA Association · Charter

Validates knowledge of alternative investments, including private equity, private debt, hedge funds, real assets and digital assets.

2,740IntermediateHas prerequisites

How CAIA Association certifications work

Exam fees and enrollment: Each level costs $995 early or $1,395 standard, plus a one-time $400 enrollment fee. Retakes cost $795 per level.
Membership and renewal: Keep active membership to use the charter: $350 a year or $650 for two years. Membership renews on May 31.
Delivery: Prometric test centres, with exam windows in March and September.
No moving between exam windows: You can't move to a later exam window except through the emergency deferral policy for listed hardships. Exam registration fees are refundable only within 14 days of purchase.