<PAGE> 1
EXHIBIT (j)
CONSENT OF INDEPENDENT AUDITORS
We consent the reference to our firm under the captions "Financial Highlights"
and "Independent Auditors" and use of our report on the financial statements of
Calamos Investment Trust - Calamos Convertible Fund, Calamos Convertible Growth
and Income Fund, (formerly Calamos Growth and Income Fund), Calamos Market
Neutral Fund, (formerly Calamos Strategic Income Fund), Calamos Growth Fund,
Calamos Global Convertible Fund (formerly Calamos Global Growth and Income Fund)
and Calamos High Yield Fund dated May 19, 2000 in the Registration Statement
(Form N-1A) and its incorporation by reference in the related Prospectus and
Statement of Additional Information of Calamos Investment Trust, filed with the
Securities and Exchange Commission in this Post-Effective Amendment No. 23 to
the Registration Statement under the Securities Act of 1933 (Registration No.
33-19228) and in this Amendment No. 26 to the Registration Statement under the
Investment Company Act of 1940 (Registration No. 811-5443).
ERNST & YOUNG LLP
Chicago, Illinois
July 28, 2000