Study guide
CAIA Level I study guide
Read a lesson, then practice the ideas you want to remember.
Lessons
- Blockchain Fundamentals & Digital Assets
- Crypto Portfolio Allocation & Custody — Free Study Guide 2026
- Funds of Funds & Multi-Manager Allocation
- CAIA Code of Ethics & Professional Conduct F
- Material Nonpublic Information & Misconduct
- Code Principles & Standards of Conduct — Free Study Guide 2026
- Equity Long/Short & Dedicated Short Bias
- Event-Driven & Arbitrage Strategies — Free Study Guide 2026
- Global Macro & Managed Futures CTAs — Free Study Guide 2026
- Hedge Fund Risk Metrics & Prime Brokerage
- Hedge Fund Structural Mechanics & Liquidity
- Relative Value & Fixed Income Arbitrage
- Alternative Asset Classes & Unique Character
- Fund Structures & Governance Mechanics — Free Study Guide 2026
- Quantitative Performance Metrics — Free Study Guide 2026
- Benchmark Selection & Public Market Equivale
- Fee Mechanics, Hurdle Rates & Waterfall Dist
- Operational Due Diligence & Risk Frameworks
- CAIA Level I Exam Overview & Facts — Free Study Guide 2026
- Credit Underwriting & Risk Analysis — Free Study Guide 2026
- Direct Lending & Private Credit Markets
- Insurance-Linked Securities & Catastrophe Bo
- Mezzanine Debt & Distressed Debt Strategies
- Securitization & Structured Products — Free Study Guide 2026
- Leveraged Buyouts & Buyout Strategies — Free Study Guide 2026
- Private Equity Value Creation & Exit Strateg
- Venture Capital & Growth Equity Investing
- Commodities Markets, Contango & Backwardatio
- Infrastructure Investing Concepts & Framewor
- Natural Resources, Timberland & Agriculture
- Real Estate Investment Strategies & Categori
- Real Estate Valuation, Cap Rates & NOI — Free Study Guide 2026
- Publicly Traded & Private REITs — Free CAIA Level 1 Guide 2026