WHAT IS THE COURSE STRUCTURE?

Level I Topic	Approximate Exam Weight
Professional Standards and Ethics	15-25%
Introduction to Alternative Investments	20-28%
Real Assets including Commodities	11-17%
Hedge Funds	12-20%
Private Equity	11-17%
Structured Products	10-14%

CAIA Level I - Outline

Professional Standards and Ethics

• Professionalism
• Integrity of Capital Markets
• Duties to Clients
• Duties to Employers
• Investment Analysis, Recommendations, and Actions
• Conflicts of Interest

Introduction to Alternative Investments

• What Is an Alternative Investment?
• The Environment of Alternative Investments
• Quantitative Foundations
• Statistical Foundations
• Foundations of Financial Economics
• Derivatives and Risk-Neutral Valuation
• Measures of Risk and Performance
• Alpha, Beta, and Hypothesis Testing

Real Assets

• Natural Resources and Land
• Commodities
• Other Real Assets
• Real Estate and Debt
• Real Estate Equity

Hedge Funds

• Structure of the Hedge Fund Industry
• Macro and Managed Futures Funds
• Event-Driven Hedge Funds
• Relative Value Hedge Funds
• Equity Hedge Funds
• Funds of Hedge Funds

Private Equity

• Private Equity Assets
• Private Equity Funds
• Private Credit and Distressed Debt

Structured Products

• Introduction to Structuring
• Credit Risk and Credit Derivatives
• CDO Structuring of Credit Risk
• Equity-Linked Structured Products

Would you like to enroll?

Course Curriculum

CAIA-L1: Demo Lectures	FREE	00:00:00
CAIA-L1: Professional Standards and Ethics		00:00:00
CAIA-L1: Introduction to Alternative Investments		00:00:00
CAIA-L1: Real Assets		00:00:00
CAIA-L1: Hedge Funds		00:00:00
CAIA-L1: Private Equity		00:00:00
CAIA-L1: Structured Products		00:00:00