Sunday, April 21, 2013

CAIA how long


How long is the exam?
The exam session is divided into several parts, as illustrated below. Each session begins with an administration period during which you will be presented with a Nondisclosure Agreement and a tutorial, which explains how to navigate the exam on the computer. Each exam is divided into two sections, separated by an optional break. After you complete each section, you will have time to provide comments about the exam.
 Level ILevel II
Nondisclosure Agreement5 minutes5 minutes
Tutorial5 minutes5 minutes
Section 1: in both Level I and Level II, 100 multiple-choice questions120 minutes120 minutes
Comment Period (optional)10 minutes10 minutes
Break (optional)30 minutes30 minutes
Section 2: in Level I, 100 multiple-choice questions; in Level II, 3 sets of constructed-response questions120 minutes120 minutes
Comment Period (optional)10 minutes10 minutes
Total Exam Session Time5 hours5 hours

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