CAIA What is the CAIA minimum passing score (MPS)?


What is the CAIA minimum passing score (MPS)?

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      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!!

      wealthcreator voted upZee Tan voted updartmoorcat voted upgenius237 voted up
    • Avatar of Zee TanZee Tan
        • CFA Charterholder

        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.

        genius237 voted up
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