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CAIA Level I practice questions - frequently asked questions

Plain answers about how CAIA Level I Exam Prep works: the exam, the questions, pricing, the free trial, and what you actually get.

No - and you should be wary of any site claiming otherwise. Every question here is original, written to mirror the style, difficulty, and judgment the real CAIA Level I exam tests. Each one comes with a plain-language explanation of why the right answer is right and the others aren't.

The CAIA Level I exam spans 8 domains: CAIA Ethical Principles (8%-12%); Introduction to Alternative Investments (20%-28%); Real Assets (14%-20%); Private Equity (8%-12%); Private Debt (12%-16%); Hedge Funds (15%-19%); Digital Assets (4%-8%); Funds of Funds (1%-5%). Every practice question on this site is tagged to one of these domains.

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