As a CFA® Charterholder, you may be eligible to earn the prestigious CAIA® Charter through the CAIA Stackable Credential Program. This program allows you to earn the CAIA designation by only passing the Level II exam and joining the CAIA Association. Earning the CAIA Charter, stacked with your CFA Charter, provides a powerful boost to your credibility in alternative investments and expands your professional capabilities.
CAIA Stackable Study Packages
Earning the CAIA designation, in conjunction with your CFA charter, provides an opportunity to advance your knowledge and credibility in alternative investments, to continue your professional development, and to enhance your professional career.
Each of the following study packages are optimized to help you efficiently and effectively prepare for the Level II exam. Each package includes a FREE equivalent Level I study package, so that you can review Level I topics as needed.
Study Package Comparison
| Premium Package | EssentialPlus Package | Essential Package | |
|---|---|---|---|
| OnDemand Class | |||
| Core Study Tools | |||
| Review Tools | • Review Workshop | • Review Workshop | |
| • 3 Mock Exams | • 2 Mock Exams | • 1 Mock Exam | |
| • Schweser's Secret Sauce | • Schweser's Secret Sauce | ||
| Includes Free Equivalent Level 1 Package | |||
| Pass Guarantee |
Premium Package
If you’re committed to passing the CAIA Level II exam, this is the ideal study program for you. Get step-by-step guidance with everything you need to prepare for the exam. This all-inclusive package strategically integrates expert Instruction, Review, and Core study tools to deliver a structured learning experience that provides the most efficient and effective path to success.
This CAIA Stackable package also includes a FREE equivalent Level I study package, so that you can brush up on any Level I topics as needed.
The Premium Package Includes:
Instruction
Review
Watch our review sessions on your schedule with hours of expert instruction and review that are all available for OnDemand viewing. You receive thorough review of key topics, practice questions and problem-solving techniques, and exam tips and strategies. Available from anywhere with the Kaplan Schweser app.
Full-length mock exams closely resemble the difficulty and length of the actual CAIA exam.
*Mock Exams 1, 2, & 3 are included in the Premium Package. Mock Exams 1 & 2 are included in the EssentialPlus Package. Mock Exam 1 is included in the Essential Package.
Take this compact book anywhere you go, printed or eBook, for a concise review of the CAIA® curriculum. Schweser's Secret Sauce® provides insights and exam tips on how to effectively prepare and apply your knowledge on exam day. Available from anywhere with the Kaplan Schweser app.
Core
Access our community forum to engage with our experts and other CFA candidates to post questions, find answers, and engage in meaningful discussions throughout your studies. *Kaplan Schweser Community is currently only included in the March 2023 study packages.
A collection of online reference videos that will prepare you for your studies.
Clear, concise study notes and examples that cover every topic plus questions to check your understanding. Available from anywhere with the Kaplan Schweser app.
Build custom exams to quiz yourself on what you've learned. Available from anywhere with the Kaplan Schweser app.
Pass Guarantee
Didn’t pass the CAIA exam? Your next study package is on us, free of charge. Terms and conditions apply.
Purchase Options:
March Exam
September Exam
Eligibility and Application
The minimum criteria for eligibility in the CAIA Stackable Program are as follows. Applicants:
- Must have no existing CAIA exam history, (examples of exam history include those who have registered for or passed/failed the Level I or Level II exam)
- Must be a CFA charterholder, in good standing, and
- Must have a digital badge, verifiable by CAIA Association.
More information about the CAIA Stackable Credential Program eligibility criteria and registration information, can be found on the CAIA Association website.
To apply for the Stackable Credential Program, visit CAIA’s Registration & Fees page to begin the process. Association Partnership discounts may apply where applicable.
EssentialPlus Package
Improve the likelihood of passing the CAIA Level II exam by building your knowledge about alternative investments with a comprehensive self-study package. Your package includes an activity feed and proven study tools designed to effectively guide you through all exam topics at your own pace. It also includes our OnDemand Review Workshop and mock exams - the ideal way to wrap up your studies.
This CAIA Stackable package also includes a FREE equivalent Level I study package, so that you can brush up on any topics as needed.
The EssentialPlus Package Includes:
Review
Watch our review sessions on your schedule with hours of expert instruction and review that are all available for OnDemand viewing. You receive thorough review of key topics, practice questions and problem-solving techniques, and exam tips and strategies. Available from anywhere with the Kaplan Schweser app.
Full-length mock exams closely resemble the difficulty and length of the actual CAIA exam.
*Mock Exams 1, 2, & 3 are included in the Premium Package. Mock Exams 1 & 2 are included in the EssentialPlus Package. Mock Exam 1 is included in the Essential Package.
Take this compact book anywhere you go, printed or eBook, for a concise review of the CAIA® curriculum. Schweser's Secret Sauce® provides insights and exam tips on how to effectively prepare and apply your knowledge on exam day. Available from anywhere with the Kaplan Schweser app.
Core
Access our community forum to engage with our experts and other CFA candidates to post questions, find answers, and engage in meaningful discussions throughout your studies. *Kaplan Schweser Community is currently only included in the March 2023 study packages.
A collection of online reference videos that will prepare you for your studies.
Clear, concise study notes and examples that cover every topic plus questions to check your understanding. Available from anywhere with the Kaplan Schweser app.
Build custom exams to quiz yourself on what you've learned. Available from anywhere with the Kaplan Schweser app.
Pass Guarantee
Didn’t pass the CAIA exam? Your next study package is on us, free of charge. Terms and conditions apply.
Purchase Options:
March Exam
September Exam
Eligibility and Application
The minimum criteria for eligibility in the CAIA Stackable Program are as follows. Applicants:
- Must have no existing CAIA exam history, (examples of exam history include those who have registered for or passed/failed the Level I or Level II exam)
- Must be a CFA charterholder, in good standing, and
- Must have a digital badge, verifiable by CAIA Association.
More information about the CAIA Stackable Credential Program eligibility criteria and registration information, can be found on the CAIA Association website.
To apply for the Stackable Credential Program, visit CAIA’s Registration & Fees page to begin the process. Association Partnership discounts may apply where applicable.
Essential Package
Prepare for the CAIA Level II exam with a self-study package that provides you with the proven core study tools that empower you to prepare at your own pace. You get a clear and concise set of study notes that cover all exam topics, a bank of practice questions to build custom quizzes, the ability to ask questions of instructors, a mock exam that simulates the actual CFA exam, and more. The included activity feed sequentially guides you through your studies using these tools.
This CAIA Stackable package also includes a FREE equivalent Level I study package, so that you can brush up on any topics as needed.
The Essential Package Includes:
Review
Full-length mock exams closely resemble the difficulty and length of the actual CAIA exam.
*Mock Exams 1, 2, & 3 are included in the Premium Package. Mock Exams 1 & 2 are included in the EssentialPlus Package. Mock Exam 1 is included in the Essential Package.
Core
Access our community forum to engage with our experts and other CFA candidates to post questions, find answers, and engage in meaningful discussions throughout your studies. *Kaplan Schweser Community is currently only included in the March 2023 study packages.
A collection of online reference videos that will prepare you for your studies.
Clear, concise study notes and examples that cover every topic plus questions to check your understanding. Available from anywhere with the Kaplan Schweser app.
Build custom exams to quiz yourself on what you've learned. Available from anywhere with the Kaplan Schweser app.
Pass Guarantee
Didn’t pass the CAIA exam? Your next study package is on us, free of charge. Terms and conditions apply.
Purchase Options:
March Exam
September Exam
Eligibility and Application
The minimum criteria for eligibility in the CAIA Stackable Program are as follows. Applicants:
- Must have no existing CAIA exam history, (examples of exam history include those who have registered for or passed/failed the Level I or Level II exam)
- Must be a CFA charterholder, in good standing, and
- Must have a digital badge, verifiable by CAIA Association.
More information about the CAIA Stackable Credential Program eligibility criteria and registration information, can be found on the CAIA Association website.
To apply for the Stackable Credential Program, visit CAIA’s Registration & Fees page to begin the process. Association Partnership discounts may apply where applicable.
CAIA Level II Package FAQs
How to Pass the CAIA® Level II Exam:
- Tip #1: Know What You’re Preparing for
- Tip #2: Get an Early Start on Studying
- Tip #3: Use a Structured Study Plan
- Tip #4: Prepare for Constructed Response
- Tip #5: Set Yourself up for Success on Exam Day
Read more about how to increase the likelihood you'll pass the Level II CAIA® exam.
Access to 2025 online materials expires on the following dates:
- March 2025 exam products: access expires on April 30, 2025
- September 2025 exam products: access expires on October 31, 2025