Exam QFI IRM  

Quantitative Finance and Investment - Investment Risk Management
  • Average
    Pass Rate
  • Sponsoring SocietySOA
  • Dates ActiveMay 2014 - Present
  • Sittings to Date9
  • Attempts per Sitting81
  • Total Passes/Attempts386 / 726
  • Highest Pass Rate61.8% Nov-16
  • Lowest Pass Rate42.4% Apr-17
  • Effective Pass Rate54.7%
  • Std Dev of Pass Rate5.8%
91137624/1/2018 12:00:00 AM1161096051.755.0 7/20/2018 12:00:00 AM53.2Apr-2018
810456210/1/2017 12:00:00 AM100985050.051.0 1/19/2018 12:00:00 AM53.4Oct-2017
7994624/1/2017 12:00:00 AM85823642.443.9 7/21/2017 12:00:00 AM54.1Apr-2017
69326211/1/2016 12:00:00 AM1021006361.863.0 1/27/2017 12:00:00 AM56.5Nov-2016
5865625/1/2016 12:00:00 AM82814251.251.9 8/1/2016 12:00:00 AM54.8May-2016
47966210/1/2015 12:00:00 AM67653958.260.0 1/22/2016 12:00:00 AM56.0Oct-2015
3744625/1/2015 12:00:00 AM75744357.358.1 7/17/2015 12:00:00 AM55.2May-2015
26766210/1/2014 12:00:00 AM63613555.657.4 1/24/2015 12:00:00 AM53.5Oct-2014
1622625/1/2014 12:00:00 AM36361850.050.0 7/19/2014 12:00:00 AM50.0May-2014

Distribution of Travel Times to Designations

Number of People319169
5th percentile-4.430.33
25th percentile-1.830.75
75th percentile0.171.83
95th percentile1.412.83



1PSOA Preliminary Exam162 59279-5.7000.0000.00279-5.703366cc
2FMSOA Preliminary Exam162 41280-5.3300.0000.00280-5.333366cc
3MFESOA Preliminary Exam162 55293-4.0800.0000.00293-4.083366cc
4MLCSOA Preliminary Exam162 56291-4.1300.0000.00291-4.133366cc
5CSOA Preliminary Exam162 17295-3.3000.0010.08296-3.283366cc
6OC1CAS Preliminary Exam262 571-4.0800.0000.001-4.08dc3912
7OC2CAS Preliminary Exam262 582-3.7500.0000.002-3.75dc3912
85CAS Preliminary Exam262 32-5.7600.0000.002-5.75dc3912
96-U.S.CAS Preliminary Exam262 81-0.0800.0000.001-0.08dc3912
10ASASOA Designation362 70218-1.80100.00910.87319-0.98ff9900
11ACASCAS Designation462 7300.0000.0010.5010.50109618
12ILA LPSOA Fellowship Exam562 5200.0000.0011.5111.51990099
13ILA LRMSOA Fellowship Exam562 5300.0000.0012.4212.42990099
14QFI ADVSOA Fellowship Exam562 60122-0.62120.001051.062390.15990099
15QFI CORESOA Fellowship Exam562 61239-1.1370.00480.66294-0.81990099
16QFI IRMSOA Fellowship Exam562 6200.003360.0000.003360.00990099
17FSASOA Designation362 7100.0000.001691.321691.32ff9900
18FCASCAS Designation462 741-1.4200.0000.001-1.42109618

Number of Years (Before)/After Passing Exam QFI IRM
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 QFI IRM on all sittings, there were 50 duplicate names, 76 changed names, and 16 duplicate and changed names.