Caia level 1 exam coverage

Hi, guys,
I checked out the updated study guide for September 2020 and learned
that the part 6 of Risk and Portfolio Management has
canceled. Does this mean the September’s exam will not cover this

Hello there ! yes, Sep’2020 CAIA Level 1 exam is updated with the new 4th edition curriculum. The part 6 of Risk and portfolio mgmt has been removed among other changes. Also from March 2021 CAIA Level 2 core curriculum is having a major update i.e, new 4th edition.

I’ve gone through Level 1 3rd vs 4th edition, it seems there aren’t any major changes. But it is advisable to do the reading from updated curriculum always.


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Hi, Sai,

Many thanks for your reposne~ it’s very helpful

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thx :grinning:

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Hello, I am thinking of taking the CAIA Level I exam in March ´22, I read on their websites that will be major changes. I am thinking to study the 2 books they recommend in the Handbook, the CFA Ethichs… and the CAIA Alternative Investment. I do have already the books for Level I 4th edition but where could I find the updated version.