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CAIA stackable credential - CFA Charterholder POV please

I am wondering if anyone who took the level II CAIA exam under the stackable credential program can give insight into their experience.  Was the material similar to the CFA curriculum in Alts/Quantitative Analysis/Ethics?  Your opinion on exam difficulty?  Hours studied?  General advice?

I am thinking of registering for the September exam and want to hear from other Charterholders before I do.  Thanks in advance for any info!

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I received my CFA charter back in 2008.  Saw this stackable program and debated in my head for a while if I could do it.  Want to give all I have on the first try (meaning applied the CFA-style of discipline toward CAIA LII).  Well, I passed with ease.  However, I feel the program doesn’t compare to the rigor of CFA.  Material is bit all over the place, I feel that CAIA didn’t develop the curriculum, instead, they gathered up some reading and put them together.  But, if your question is about if a CFA charterholder can take on Level II of CAIA without LI; then the answer is 100% yes.  

Thanks for the info.  Definitely the answer I was looking for.

^You are suffering from confirmation bias. :)

I got my CFA charter in 2016 and wen I signed up or CAIA last year I only noticed the stackable programme after it was already paid so I couldn’t use it.

Anyway I sat level 1 and it was way too easy. Of course I learned *something* but I could have easily skipped it. On the other hand level 2 was much much more dificult and I think I should have gone straight to L2, owuld have saved me a few weeks of life which I’m not getting back!

I kept saying it was fine because “it’s for me, not for the title” but that’s bollocks, not worth the time anyway because A LOT of stuff was taken from various CFA levels which I had done. 

Lastly, can someone please help me what is the best way to study for L1. I am currently using only CAIA official L1 book and making notes for the same. Thanks!

ws wrote:

I received my CFA charter back in 2008.  Saw this stackable program and debated in my head for a while if I could do it.  Want to give all I have on the first try (meaning applied the CFA-style of discipline toward CAIA LII).  Well, I passed with ease.  However, I feel the program doesn’t compare to the rigor of CFA.  Material is bit all over the place, I feel that CAIA didn’t develop the curriculum, instead, they gathered up some reading and put them together.  But, if your question is about if a CFA charterholder can take on Level II of CAIA without LI; then the answer is 100% yes.  

I will second this.  Not comparable to the CFA.  CAIA Level II at best was less hard than CFA Level I.

Also found it not terribly useful in finding jobs. Few people know what it is. Mostly for alternative marketer folks.

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I will second this.  Not comparable to the CFA.  CAIA Level II at best was less hard than CFA Level I.

Also found it not terribly useful in finding jobs. Few people know what it is. Mostly for alternative marketer folks.

[/quote]

I don’t agree that the CAIA L II is way less hard than CFA L I. The material (CFA vs CAIA) and the way how it is tested is totally different and you hardly can compare them.

Having mastered the FRM with quite some ease I do say that the CAIA  (especially L II) is not be underestimated due to open questions and some of the topics like Real Assets, Structured Products. They are not easy if you really wanna grasp them and go into the details compared to memorizing just the keywords for the exam.

Achieved CFA in 2016 and CAIA in 2018 via stackable program.

I agree with ws’s opinion.  CAIA curriculum and exams are less rigorous and you can pass L2 as far as you can output what you learn through uppermark.  Honestly speaking, I should have spent less time on studying.  Was much easier than my expectation, which had been formed through my experience in CFA exam, and asked very basic phenomenon piece by piece rather than Q’s with calculation.

I am thinking of this Stackable program as well. I have my CFA charter since 2006. Have the materials have changed so much that I actually do need to take the Level 1 CAIA? Or if I really applied myself to only Level 2 CAIA, that it’s attainable? I’ve been managing money for 24 years, but that doesn’t mean that much when you have to drill down in one subset. What do those that have gone through this program think?

have been eyeing this for a bit- are we talking like 100 hours makes this doable for most or do you still need 200+? Also is it on a computer, GMAT style?

have been eyeing this for a bit- are we talking like 100 hours makes this doable for most or do you still need 200+? Also is it on a computer, GMAT style?

I am going to sit for the March 2020 Level 2 CAIA. Because of skipping Level 1, I’m going to put in 200 hrs just in case. My understanding is that it is on computer.