What mark (%) is required in an actuarial exam to pass? In the university where I graduated, the exemption requirement was 60% in the final exam although the external examiner could change this requirement depending on the difficulty of the exam. Therefore the pass percentage usually ranged from 57% - 63%. Is this also the case for the Institute/Faculty exams?
Sure this has been posted before somewhere. Think the institute once said, roughly: CT 60% ST 50% (and CA1?) SA 40% But very volatile from sitting to sitting, depending on ease of paper.
If the pass mark for an SA exam is so low - how come the pass rate (as in number of people passing) is also quite low? Thomas
can you pass a CT exam with a 50% score? I've just taken CT4 and CT5 and think I got about 50% and 55% in these papers, so I'm wondering if I should assume I've failed, or if I have a realistic chance of getting a pass. What do you think? I know everyone says 60% should get you a pass, but I never took that to mean that the pass mark is usually about 60% - just that it is rarely higher than that. I passed at CT3 paper that I'm sure I didn't score more than about 40% on, and got an FA on a CT8 paper where I think I only got about 45%, so I really don't think the pass mark on the CTs is usually as high as 60%. Anyone else know more about this, or have any thoughts?
You're borderline 50/50. Because ct4 and ct5 are a bit are more difficult ct's (along with ct8) you might be ok with 50%. Probably you'll get at least one of them, maybe two (if you really did get 50% that is!!)
can you pass a CT exam with a 50% score? thanks avanbuiten, that's encouraging, i'd be happy with one pass out of two. I'm not entirely convinced though - i'm expecting a pair of FAs - a pessimist is never disappointed, as SEB would say.
To matt78, are you sure you only got 40% for the ct3 and you passed it? I am having the same question as you that I wasn't doing really great in the recent ct3. I think I only able to obtain 50% or little bit more than that. I am so worry about the result coming out this July...
Agree that the pass mark for some CT's has to be between 50 and 55%. I just wrote CT5, and hope the pass mark is not above 55%
pass mark for CT exams No doubt the pass mark varies quite a bit from one sitting to the next, (and between courses) but to answer you question chfoong, yes, i'm pretty sure. In fact I took CT3 twice, made a complete mess of it the first time and was shocked to get an FA. I'd guess I got 30-35% that time, no way more than 40%. Then I retook it, still messed it up somehow, think I scored about 40% but got a pass. If I had to guess I'd say a 50% score on an average CT3 paper will be well within 1 standard deviation of the mean score, (I'd guess 0 - 0.5 st devs below it), so if the pass rate is high (as it usually is for CT3, often over 80% I think) you'll pass, but if its lower this time you could miss out. But that's just my guesswork - could all be rubbish of course.
