Exam CFE FD  

Foundations of Corporate Finance and ERM
  • Average
    Pass Rate
  • Sponsoring SocietySOA
  • Dates ActiveNov 2013 - Present
  • Sittings to Date10
  • Attempts per Sitting105
  • Total Passes/Attempts509 / 1,047
  • Highest Pass Rate52.3% Apr-17
  • Lowest Pass Rate42.3% Oct-15
  • Effective Pass Rate50.1%
  • Std Dev of Pass Rate3.4%
101122184/1/2018 12:00:00 AM82793846.348.1 7/20/2018 12:00:00 AM48.6Apr-2018
910471811/1/2017 12:00:00 AM87853843.744.7 1/19/2018 12:00:00 AM48.8Nov-2017
8977184/1/2017 12:00:00 AM86854552.352.9 7/21/2017 12:00:00 AM49.3Apr-2017
79131811/1/2016 12:00:00 AM1051035451.452.4 1/27/2017 12:00:00 AM49.0Nov-2016
6845185/1/2016 12:00:00 AM1161125850.051.8 8/1/2016 12:00:00 AM48.6May-2016
57771810/1/2015 12:00:00 AM97944142.343.6 1/22/2016 12:00:00 AM48.3Oct-2015
4712184/1/2015 12:00:00 AM1141115750.051.4 7/17/2015 12:00:00 AM49.6Apr-2015
36571810/1/2014 12:00:00 AM1271206551.254.2 1/24/2015 12:00:00 AM49.4Oct-2014
2590184/1/2014 12:00:00 AM1311286247.348.4 7/19/2014 12:00:00 AM48.5Apr-2014
15441811/1/2013 12:00:00 AM102985150.052.0 1/24/2014 12:00:00 AM50.0Nov-2013

Distribution of Travel Times to Designations

Number of People436308
5th percentile-4.520.33
25th percentile-2.000.81
75th percentile-0.331.77
95th percentile1.442.77



1PSOA Preliminary Exam118 59334-5.6700.0000.00334-5.673366cc
2FMSOA Preliminary Exam118 41341-5.3900.0000.00341-5.393366cc
3MFESOA Preliminary Exam118 55381-4.0400.0010.91382-4.033366cc
4MLCSOA Preliminary Exam118 56383-3.9500.0000.00383-3.953366cc
5CSOA Preliminary Exam118 17395-3.1900.0021.51397-3.173366cc
6STCAS Preliminary Exam218 681-2.5000.0000.001-2.50dc3912
7OC1CAS Preliminary Exam218 571-2.0900.0000.001-2.09dc3912
8OC2CAS Preliminary Exam218 581-1.5800.0000.001-1.58dc3912
95CAS Preliminary Exam218 31-1.5000.0000.001-1.50dc3912
106-U.S.CAS Preliminary Exam218 81-1.0000.0000.001-1.00dc3912
11ASASOA Designation318 70353-1.8270.00761.08436-1.28ff9900
12EA2FSOA Enrolled Actuary Exam418 361-3.0000.0000.001-3.00109618
13EA2LSOA Enrolled Actuary Exam418 371-3.5000.0010.502-1.50109618
14CFE FDSOA Fellowship Exam518 1800.004710.0000.004710.00990099
15CFE SDMSOA Fellowship Exam518 1926-0.8000.002280.912540.73990099
16ERMSOA Fellowship Exam518 38383-0.9510.00330.89417-0.80990099
17ILA LPSOA Fellowship Exam518 5200.0000.0012.5012.50990099
18RET DAUSOA Fellowship Exam518 641-0.9100.0000.001-0.91990099
197CAS Fellowship Exam618 900.0000.0011.0811.080099c6
20CERASOA Designation318 72263-0.9460.001481.04417-0.22ff9900
21FSASOA Designation318 7100.0000.003081.393081.39ff9900

Number of Years (Before)/After Passing Exam CFE FD
click on bar to see breakdown

Note on the travel time information above:
The histograms and the above two charts (near) exclude duplicate names and include changed names. Excluding duplicate names is necessary since travel time information related to them is unreliable and nonsensical- for instance, passing exam P three years before receiving a designation.

Including changed names has an impact on the relative number of people who passed other exams vs. the given exam. Their inclusion will lower this ratio since changed names will not properly link between previous/future exam passes. However, including changed names will not affect the average travel times, since travel times of changed names are not necessarily different than those of unchanged names.

For exam CFE FD on all sittings, there were 38 duplicate names, 88 changed names, and 11 duplicate and changed names.