Does anyone know how CAIA sets the minimum passing score, or what is the CAIA MPS? I see that 300hours has done some research on CFA MPS. Has any similar research been done for CAIA? Would be super helpful, thanks!!

The methodology I believe follows the CFA MPS methodology closely. This uses a modified Angoff method which basically surveys a large panel of diverse experts on each individual question on what probability that a just-good-enough candidate would get this question right. This process is repeated several times at different levels, and psychometricians oversee the process. This input is used as the main reference for setting the MPS. The objective is to set a consistent competency level of passing candidates across years.

A CAIA Discussion About What Is The CAIA Minimum Passing Score (MPS)?

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This topic has 1 reply, 2 voices, and was last updated Apr-216:19 pm by Zee Tan.

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- Zee Tan
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  02 Apr 2021 at 6:19 pm
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  The methodology I believe follows the CFA MPS methodology closely.
  
  This uses a modified Angoff method which basically surveys a large panel of diverse experts on each individual question on what probability that a just-good-enough candidate would get this question right.
  
  This process is repeated several times at different levels, and psychometricians oversee the process. This input is used as the main reference for setting the MPS.
  
  The objective is to set a consistent competency level of passing candidates across years.
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