CAIA’s Stackable Pilot Program

Elevate Your Career and Stack Your CFA® Charter with the CAIA® Designation

Earning the CAIA designation, stacked with your CFA charter, provides an advancement in your knowledge and credibility in alternative investments, enhances your professional career, and provides you continued professional development.

With CAIA’s Stackable Credential Program, CFA charterholders have the opportunity to advance directly to the CAIA Level II exam. Continue your journey of lifelong learning by adding the CAIA designation to your CFA chater.

Over a period of 2–8 exam cycles, the Stackable Credential Pilot Program will evaluate whether CFA charterholders have absorbed the body of knowledge of the CAIA Level I exam curriculum through the CFA exam series. With a base knowledge already in place, charterholders’s exam results will help the CAIA Association understand how to best meet the growing need for education in the alternative investment space.

The minimum criteria for eligibility in the pilot program are as follows.

  • 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.
  • Please review our complete Stackable Credential Eligibility Policy.

To apply for the Stackable Credential Pilot Program, visit CAIA’s Registration & Fees page to begin the process.

Applications accepted are exclusive to the current exam period. If you do not wish to take the exam in the current cycle, you may apply beginning for a subsequent cycle.

If your application is approved, you may complete your registration. Exam fees for the Level II Stackable Credential Pilot Program include a $400 non-refundable enrollment fee and $1,250 exam fee. Association Partnership discounts may apply where applicable.

Select your study package of choice and being preparing to pass the CAIA Level II exam! Our PremiumPlus™ and Premium Instruction Packages both include live online instruction, providing crucial coverage of key concepts and formulas as well as access to CAIA instructors and content experts.

Prefer to study on your own? Our EssentialPlus and Essential Self-Study Packages are comprehensive and give you just the right tools to work at your own pace.

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Online Class & Review Workshop


Premium Instruction

Online Class



Self-Study & Review Workshop


Essential Self-Study



Why Pursue the CAIA Charter?