All packages include both print and digital versions of SchweserNotes, accessible from anywhere via the Kaplan Schweser app. Premium packages are backed by PassProtection™ — if you don't pass, your next study package is provided free of charge.
The CAIA Level I exam heavily weights Ethics and Professional Conduct (incorporating the CFA Institute Standards of Practice). Schweser summarizes these well, but the actual exam uses highly nuanced, situational vignettes. You must supplement PDFs by reading the actual Standards from the official source.
Full-length, simulated exams that help you manage your time and familiarize yourself with the exam structure. schweser caia level 1 pdf work
The CAIA Level 1 examination consists of 200 multiple-choice questions delivered in two sessions of approximately two hours each, with an optional 30-minute break separating them. The exam is administered twice annually — typically in March and September — at Pearson VUE testing centers worldwide.
: 20–28% weight (the largest single section). All packages include both print and digital versions
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The curriculum balances qualitative concepts with quantitative formulas. Memorization alone will not suffice; you must understand how these concepts apply to real-world investment scenarios. The Schweser CAIA Study Ecosystem: Beyond the PDFs Schweser summarizes these well, but the actual exam
The CAIA Level 1 exam has become increasingly challenging, with recent pass rates dropping to as low as 45% — historically one of the lowest levels since 2010. With roughly half of all candidates failing on their first attempt, the difference between success and disappointment often comes down not just to how much you study, but how you study.
Kaplan Schweser has established itself as a leading provider of CAIA exam preparation materials, leveraging its success in the CFA market to offer comprehensive CAIA resources. The Schweser ecosystem is built around a proven "Prepare, Practice, Perform" methodology, designed to maximize a candidate's knowledge while applying a structured approach to learning.