Hi friends,
After a long time i am entering the discussions again. After having cleared FRM in 2006 in the first attempt will all but one in the top quartile, i am happy to share with you that I have cleared CAIA will all topics above 70% which is the maximum class interval, which is a two level program offered from Amherst USA, is the only Association in Alternative Investments like Hedge Funds, Private Equity, Real Estate, Managed Futures, Professional Ethics based on CFA standards.

Level 1 is purely multiple choice and level 2 is combination of multiple choice and Essay Questions. The curriculum deals with complex valuations and Risk Analysis of the above investments in addition to rigorours Quantitative Modeling. Like FRM, the course includes several contemporary readings for evaluation in the exam.

The Assoication established in the year 2002 started offering the program from 2003 and currently there are only about 3,500 Industry Professionals as of date, who have completed the program about 98% hailing from Investment Banking/Hedge Fund/Private Equity Firms.

I would suggest you visit www.caia.org to know more about the association

Welcome to another new dimension in your career enhancement path

Cheers
Raghu