1. CAIA Ethical Principles (8%-12%)
Key exam domainIdentify weak areas and improve with focused review.
Start PracticingPass your CAIA Level I certification
Free CAIA Level I Practice Test
Pass the Chartered Alternative Investment Analyst Level I exam with confidence.
Start with a free CAIA Level I practice test and build exam-ready confidence for the Chartered Alternative Investment Analyst Level I exam.
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1000+CAIA Level I Questions
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Everything your CAIA Level I certification prep needs
Practice expert-vetted questions, find your weak domains, and turn every mistake into a focused review plan.
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Practice the CAIA Level I exam by domain
2. Introduction to Alternative Investments (20%-28%)
Key exam domainIdentify weak areas and improve with focused review.
Start Practicing3. Real Assets (14%-20%)
Key exam domainIdentify weak areas and improve with focused review.
Start Practicing4. Private Equity (8%-12%)
Key exam domainIdentify weak areas and improve with focused review.
Start Practicing5. Private Debt (12%-16%)
Key exam domainIdentify weak areas and improve with focused review.
Start Practicing6. Hedge Funds (15%-19%)
Key exam domainIdentify weak areas and improve with focused review.
Start Practicing7. Digital Assets (4%-8%)
Key exam domainIdentify weak areas and improve with focused review.
Start Practicing8. Funds of Funds (1%-5%)
Key exam domainIdentify weak areas and improve with focused review.
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Frequently asked questions
Straight answers about the CAIA Level I exam, the questions, pricing, the free trial, and how this fits your prep.
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%), and Funds of Funds (1%-5%). Every practice question maps to one of them, so you train on exactly what's tested.
No - and that matters. These are original practice questions written to mirror the style, difficulty, and domain coverage of the CAIA Level I exam blueprint. We never distribute actual exam content, so practicing here keeps you fully compliant with official exam policies.
No. CAIA Level I Exam Prep is an independent study resource for Chartered Alternative Investment Analyst Level I (CAIA Level I). It is not affiliated with, sponsored by, or endorsed by the official certifying body or exam administrator.
Every paid plan unlocks the full bank of 1,000+ practice questions covering all 8 CAIA Level I 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%), and Funds of Funds (1%-5%). You can practice the whole bank, filter by domain, or run a timed, domain-balanced exam simulation.
Yes - the bank is maintained against the current exam outline, and questions are revised when the exam changes.
No honest practice platform can guarantee a pass. What realistic practice does is show you - before exam day - exactly which domains are weak, and give you the repetitions to fix them. That's the difference between hoping you're ready and knowing where you stand.
Yes. You get 10 free sample questions with instant feedback - no credit card and no account required.
The free sample shows you the question quality. Paid plans unlock the full 1,000+ question bank, exam-style practice modes, mistake review, and - on Fast Track and Pass Confidence - progress analytics that show your readiness by domain.
No. Every plan is a single one-time payment for a fixed access window - 48 hours, 7 days, or 6 weeks. There is no auto-renewal and no recurring billing.
Match it to your exam date: Final Review (2 days) for an exam in the next day or two, Fast Track (7 days) for an exam this week, Pass Confidence (6 weeks) for a structured run-up.
For most countries, the price you see is exactly what you pay - tax is already included. Where local law requires it to be added separately, it's shown clearly at checkout before you pay, so there are never any surprise fees.
Access is instant after payment and runs for your plan's full window from that moment. When the window ends, your local progress stays on your device - you can buy another window any time and pick up where you left off.
Yes - the whole platform is mobile-first: practice, mistake review, and analytics all work on any phone, tablet, or laptop with a browser. Nothing to install.
Every answer feeds your per-domain accuracy, readiness score, and weak-area list. Instead of re-reading everything, you drill the domains that are actually costing you points - that's what moves a score in days, not months.
Email us any time. The contact link is in the footer. Payments are processed securely by Polar, and active customers can download an invoice from their profile page.
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Real feedback from CAIA Level I candidates on Reddit.
"wasnt sure this site would be enough on its own but the practice questions for hedge funds were solid. covered stuff i wouldnt have thought to review. passed first try, definately relieved it's over."
"i kept putting off studying and finally crammed the last three weeks using caialev1exam.com. the thing that actually helped was how it broke down private debt separately instead of lumping everything together. i kept missing questions in that section early on and the mistake review made it obvious where my gaps were."
"tbh i was behind on real assets and almost punted the whole exam. used this to run thru a few mock sets the week before. enough to pull it together. nothing fancy, just worked."