I too noticed that few ppl took the exam with me (level 1) a couple of weeks ago (I took it in Dubai). On the other hand I noticed that more ppl are aware of the designation and it is more highly regards than a couple of years back. Some directors in my company believe it’s more useful than the cfa in buyside institutions.
Last year I had to pay the level 2 registration and dues out of my pocket but this year, my new employer paid for it. I’m glad I have it. I know a fund of funds that is pushing their employees to do it. I’m also getting questions about it from people I meet.
Blu2014, good sleuthing on membership “growth.” But remember, membership count is “net” growth. So based on PR announcements where CAIA has usually announced welcoming “several hundred successful passers of Level II exam,” twice a year, the real test is how many attritions are there as past members drop out. That number must be growing, offsetting new CAIA member add’s and depressing community expansion. Agree it has not yet reached/approached critical mass. With mainstreaming of alternatives, I wonder why?
Sorry, guys, but that isn’t a good point at all. Almost nobody taking these exams (CFA, FRM, CAIA) allows them to lapse. These aren’t quite like the Series 7, which is easy to let lapse because nobody is touting that they have a Series 7 license (except for that d-bag in Boiler Room). Of course, every one has a story about so-and-so who was so bold and maverick, he just let his memberships lapse – what a rock star! But the reality is, these are the extreme minority; maybe 1 out of 100 at most.
If your employer doesn’t pay for it anymore, there’s a good chance that you might be unemployed. If that’s the case, why would anybody want to just let a credential that could help them get a new job just roll off their resume? Most people I know in this position have continued to pay for it out of pocket to keep the credential live. So I believe that any people who have dropped from membership ranks have a minimal impact on the net figure at this point.