What is the passing rate of the ASA exam
The pass rate for ASA (Associate of the Society of Actuaries) exams generally ranges from 20% to 40%, with significant variation by exam. For example:
Probability (P) exam pass rate is approximately 40%
Financial Mathematics (FM) exam pass rate is approximately 50%
Other exams such as MFE, MLC, and C typically have pass rates between 20% and 35%
Overall, ASA exams are challenging with relatively low pass rates. Industry experience suggests that candidates usually need 1-3 years of preparation to pass all required exams. Note that SOA (Society of Actuaries) does not officially publish specific pass rate data, and the figures provided are based on general industry understanding.
