Exam CFE FD  

Foundations of Corporate Finance and ERM
  • Average
    Pass Rate
  • Sponsoring SocietySOA
  • Dates ActiveNov 2013 - Present
  • Sittings to Date11
  • Attempts per Sitting102
  • Total Passes/Attempts546 / 1,125
  • Highest Pass Rate52.3% Apr-17
  • Lowest Pass Rate42.3% Oct-15
  • Effective Pass Rate50.0%
  • Std Dev of Pass Rate3.3%
1111721810/1/2018 12:00:00 AM78773747.448.1 1/19/2019 12:00:00 AM48.5Oct-2018
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 People466322
5th percentile-4.480.33
25th percentile-1.920.83
75th percentile-0.331.83
95th percentile1.343.17



1PSOA Preliminary Exam118 59363-5.6300.0000.00363-5.633366cc
2FMSOA Preliminary Exam118 41371-5.3300.0000.00371-5.333366cc
3OC1CAS Preliminary Exam218 571-2.0900.0000.001-2.09dc3912
4OC2CAS Preliminary Exam218 581-1.5800.0000.001-1.58dc3912
55CAS Preliminary Exam218 31-1.5000.0000.001-1.50dc3912
66-U.S.CAS Preliminary Exam218 81-1.0000.0000.001-1.00dc3912
7ASASOA Designation318 70383-1.7570.00761.08466-1.26ff9900
8EA2FSOA Enrolled Actuary Exam418 361-3.0000.0000.001-3.00109618
9EA2LSOA Enrolled Actuary Exam418 371-3.5000.0010.502-1.50109618
10CFE FDSOA Fellowship Exam518 1800.005050.0000.005050.00990099
11CFE SDMSOA Fellowship Exam518 1927-0.8300.002590.932860.76990099
12ERMSOA Fellowship Exam518 38411-0.9310.00340.93446-0.79990099
13ILA LFVUSOA Fellowship Exam518 5100.0000.0013.0913.09990099
14ILA LPSOA Fellowship Exam518 5200.0000.0012.5012.50990099
15RET DAUSOA Fellowship Exam518 641-0.9100.0000.001-0.91990099
167CAS Fellowship Exam618 900.0000.0011.0811.080099c6
178CAS Fellowship Exam618 1200.0000.0011.5011.500099c6
18CERASOA Designation318 72281-0.9270.001511.06439-0.23ff9900
19FSASOA Designation318 7100.0000.003221.443221.44ff9900

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 41 duplicate names, 93 changed names, and 12 duplicate and changed names.