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SOA Exam FAM Pass Rates

Exam FAM: Fundamentals of Actuarial Mathematics

60.6% February 2026 raw pass rate +6.1 ptsvs 54.5% in October 2025
All-time high
62.8%March 2023
All-time low
49.6%October 2022
Average
56.9%across 11 sittings
Std. deviation
3.7 ptssitting to sitting
Candidates tracked
14,8012022 to 2026
Sittings
11all counted
Raw pass rate
45%50%55%60%65%70%75%20222023202420252026 February 2026 · 60.6%
Raw pass rate = passed / candidates sitting. Effective rate excludes candidates whose papers the society judged too incomplete to be realistic attempts.

Every Exam FAM sitting

Exam FAM pass rate by sitting: candidates, passed, raw rate, effective rate. Newest first.
Sitting Candidates Passed Raw rate Effective rate
February 2026 1,304 790 60.6% 65.3%
October 2025 1,410 769 54.5% 59.6%
July 2025 1,341 765 57.0% 61.6%
March 2025 1,165 660 56.7% 60.8%
November 2024 1,765 941 53.3% 58.7%
July 2024 1,479 857 57.9% 62.3%
March 2024 1,169 640 54.7% 59.8%
November 2023 1,762 1,055 59.9% 64.3%
July 2023 1,353 794 58.7% 63.7%
March 2023 1,200 753 62.8% 68.1%
October 2022 853 423 49.6% 55.4%

About Exam FAM

FAM combines short-term (loss models, credibility) and long-term (life contingencies) fundamentals in a single exam. It debuted in Fall 2022 as the centerpiece of the SOA's redesigned ASA curriculum.

Data: Society of Actuaries official exam statistics, 2022 to 2026. Last updated July 5, 2026.

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