I'm looking for materials, notes or question banks whether Uppermark or Schweser for CAIA Level 1. Any year will be appreciated Any assistance would be greatly appreciated. 100% Focused in the CAIA Exam. Uppermark publishes the first CAIA study guide for candidates. It remains the only review course provider that focus on CAIA qualification alone. Impressive Faculty Members and Thoughtful Service. Pady, together with two other faculty members (Natasha and Georgi) are all PhD in Finance.
After having mentally written off my performance at the end of September, I had the great pleasure of rediscovering evenings and weekends. I’d thought that the CAIA Association would send results via email like the CFA institute does and so put Results Day to the back of my mind. However, nothing came through at the end of October and I gradually forgot about this as I started making the most of my evenings and weekends again.
UpperMark™ TestBank is a sophisticated software application designed to enhance your comprehension of the CAIA exam material. Using over 1,800 sample exam questions, TestBank creates customizable Practice Exams and is the only product on the market to generate full-length Mock Exams! TestBank is available in two versions: download, and web. Box 1326, Brookline, MA 02446 866-542 5315 617-314-6568. The CAIA textbook for level1 arrived today and at 800 odd pages, it’s not as daunting as the 6 books for CFA level 2 but still rather hefty. AIA Association (very much like the LOS’s for the CFA), make notes both on paper and on this blog, and work on some workbook questions (like the EOC questions for CFA) at the end (and maybe build in a little quiz using Uppermark’s question bank if.
Then one day at the beginning of November I received an email from the CAIA Association helpfully informing me that early registration for Level 2 was about to pass. “How odd”, I thought, “they seem to have missed out the Level 1 registration dates on this one”. Then I logged on to the CAIA website and had the pleasant surprise of finding out that I was part of the fortunate 75% (or thereabouts) of candidates who passed the CAIA Level 1 exam in September 2013.
My results, oddly enough, was positively skewed relative to the average candidate. I had one weak area (Structured Products), one ‘lower’ section (Private Equity), one comparable section (Intro to AI), three ‘higher’ sections (Hedge Funds, Ethics and Real Assets) and two outstanding sections (Commodities and Risk /Portfolio Management). I hadn’t revised Structured Products so this was expected and I didn’t make notes on the intricacies of fund details for PE so that was expected too. After the exam I thought I’d have a marginal pass at best but luck seemed to have been in my favour!
Granted that the pass rate for Level 1 was (typically) high, it nevertheless gave me a morale boost after so epicly flunking Level 2 of the CFA. Since June, I’d managed to rack up a decent amount of time reading the revision material from Uppermark (2-3 hours per evening) and, more importantly, I’d gotten into the rhythm of dedicating two or more hours to studying after (or before) work.
Caia Practice Exam
Having celebrated my little achievement, I won’t kid myself into thinking that my preparation went smoothly or was even half as sufficient as it could have been. There were times when I was reading inefficiently because my mind was wandering, there were times when I didn’t get up early enough in the morning or skipped an evening study session, and there were times when I threw down the towel and almost gave up (including once just two days before the exam, which was only avoided by some friends’ urging that plenty could still be covered in two days — THANK YOU if you’re reading!).
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So now, looking forward, I plan to take the CAIA Level 2 exam in March and, in parallel, start preparing for the CFA Level 2 exam in June. It’s a bit crazy but others have done it. The materials are never difficult intellectually but it’s the scale of the task that dampens motivation.
As with any other major undertaking, I must keep the ultimate goal in mind and the sheer joy in passing both exams next year will provide me with enough strength to march on.
Study plan to be posted in due course. Study guides and textbooks are already in the post. Exams are registered. Psyching myself up now for a gruelling seven-and-a-half months. It’s not gonna be easy but it’s gonna be worth it!
Uppermark Caia Level 1 Download Torrent
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Finished CPA and thinking about getting CAIA next. Anyone have any exp with the test or study materials?
I'm scheduled to take level 1 in March 2019. I'm using Uppermark to study and find the material to be relatively straightforward. My exposure to alternative investments is relatively minimal in my professional life and I had no educational background in alternatives. Since they recommended 200 hours of study time, I started studying back in May in order to get familiar with the material. It took me ~80 hours to read the book and do all of the MCQ so I think I'm going to be a bit over-prepared on exam day.
To start, none of the material seems unreasonably difficult. I admit it took me a bit of time to wrap my head around some of the strategies and how they're applied. That said, the amount that I had difficulty with compared to the total amount of material seems relatively minor. There are a lot of formulas to memorize and when you first look at them together, it seems very daunting. As you proceed with the material, you'll start to realize that the formulas aren't nearly as complicated as they seemed when you first looked at them.
Ethics is based on the CFA materials and reminded me a lot of the CA ethics exam – some problems are very straightforward while others feel impossible even when you're looking at the book. The biggest section, intro to alternatives, throws in some introductory statistics and finance so you'll be familiar with a lot of the concepts if you took those classes in college. Real assets, private equity, structured products, and risk management were easy to study and didn't take all that much time to march through. Hedge funds had the most difficult sections and never seemed to end.
The designation isn't well respected and people who have the CFA have the advantage of being able to skip the first exam. Many feel that has made the charter “cheap”. Like all designations, it won't guarantee you anything, especially a job. I'm pursuing it strictly for my own personal desire to understand the world of alternative investments. Many have talked me into other (better) ways of learning about AI but I'm going to pursue the designation regardless. If you want a designation that has more respect, the CFA is clearly the way to go. If you want to learn about alternative investments, this is it. If you want to pursue a finance career, an MBA from a well respected school is the way to go.
Ninja OnlyCA CPA & CFE
Currently studying for CAIA
That was my strategy and Uppermark seemed to be just fine. I'm sure Kaplan Schweser would be perfect for it as well. Unfortunate that the charter costs a bit of dough but at least it's much cheaper than college!
Ninja OnlyCA CPA & CFE
Currently studying for CAIA