Considering the CAIA designation? It’s a pretty good choice if you plan to build a career in growing alternative investments sector.
In response to the pandemic, CAIA has expanded its in-person computer-based testing (CBT) exams to accommodate online proctoring (OP) as well, so you can now take the CAIA exams remotely too.
Whether you are new to CAIA exams, or a seasoned CAIA Level 2 candidate, here’s a useful summary of all the key CAIA exam dates you need to know.
We have included a frequently asked questions (FAQ) section too, to answer any CAIA registration questions you may have.
Let’s go!
CAIA exams are still held twice a year (March and September) for Level 1 and Level 2 candidates, with the additional option of online proctored exam (OP) as well as the traditional in-person computer-based testing.
Here’s a reminder of the next few upcoming exam cycles:
Short on time? Here are the latest CAIA exam dates and registration deadlines:
| CAIA Registration Deadlines | March 2025 (Level 1 and 2) | September 2025 (Level 1 and 2) |
|---|---|---|
| Registration Opens | 14 Oct 2024 | 14 Apr 2025 |
| Early Registration Deadline | 9 Dec 2024 | 9 Jun 2025 |
| Registration Closes | 3 Feb 2025 | 4 Aug 2025 |
| CAIA Level 1 Exam Window | 3-14 Mar 2025 | 1-12 Sep 2025 |
| CAIA Level 2 Exam Window | 17-28 Mar 2025 | 15-26 Sep 2025 |
Once you have registered and paid for your exam, you will receive an email from CAIA with a link to schedule your exam with Pearson Vue. Or you can schedule your CAIA exam here directly.
Here are the summarized steps to schedule your CAIA exam:
1) Log into your CAIA account
2) Select “Programs”, “Charter Candidates”, then “Schedule your exam”
3) On Pearson VUE’s scheduling page, select your exam
4) Follow the blue prompt instructions to select appropriate exam time and location
5) You should receive an email confirmation of your booked exam appointment.
You can reschedule to another date and/or location within the same exam window for free, up to 72 hours before your original exam appointment by contacting Pearson VUE.
That said, rescheduling only works if there are available appointments to reschedule to, as they do get booked up fast and early.
Here are the summarized steps to change the date, time and/or exam location of your CAIA exam:
1) Log into your CAIA account
2) Select “Programs”, “Charter Candidates”, then “Schedule your exam”
3) On Pearson VUE’s scheduling page, select your exam
4) Click “Reschedule” button on the right
5) Follow the blue prompt instructions to select appropriate exam time and location
6) You should receive an email confirmation of your updated exam appointment.
No, changing exam windows are not allowed.
Under normal circumstances, you may not postpone or defer from one exam window to another, i.e. changing from March to September test window isn’t allowed. That said, you can change exam date and/or test location within the same exam window.
If you are unable to sit for the exam for which you are currently registered, or if you do not pass, you will need to re-register to take the exam during a future exam window. The exam retake fee is US$795, whether or not you took the exam the first time.
Your registration fee payment must be paid to CAIA Association latest by the closing registration date for each exam window. For example, this would be 4 Aug 2025 for Sep 2025 CAIA exams.
Your registration will not be completed and you will not be able to schedule an exam appointment until payment is received.
Yes, you will be able to select the OP exam should your physical test center appointment be cancelled, although appointment availability may be limited.
No. Once you have chosen the OP exam you will be unable to revert back to a test center exam option.
The one-time program enrollment fee for CAIA exam is non-refundable.
CAIA Association will refund exam registration and exam retake fees if:
1) the refund is requested 14 days from the date of purchase, OR
2) no later than the business day prior to the beginning of exam administration, whichever happens first.
This needs to be requested via email to candidate@caia.org.
Sure thing. Just pop your question in the comments below!
I hope the summary table on CAIA exam dates is helpful! If you’ve got more questions, leave a comment below and we will answer.
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View Comments
What does the exam window mean? Is it a period and I can choose one day during the period?
Hi Jihye, yes exam window is a period where your exams can be held. For example, March 2025 CAIA Level 1's exam window is 3-14 March 2025.
When is the registration deadline for retakers? (March 2024)
Hi Raafat, it's the same for new candidates or retakers. March 2024's final registration deadline is 12 Feb 2024.
I believe the reference to "30 days to request a refund" is incorrect.
As per CAIA's website you got 14 days to do that.
Also, the retake exam fee has increased to USD 795!
Thanks for catching those George!