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SOA INV 201 Pass Rates

INV 201: Investments, Course 201

41.9% March 2026 raw pass rate +1.0 ptsvs 40.9% in November 2025
All-time high
41.9%March 2026
All-time low
40.9%November 2025
Average
41.4%across 2 sittings
Std. deviation
0.7 ptssitting to sitting
Candidates tracked
1962025 to 2026
Sittings
2all counted
Raw pass rate
35%40%45%50%20252026 March 2026 · 41.9%
Raw pass rate = passed / candidates sitting. Effective rate excludes candidates whose papers the society judged too incomplete to be realistic attempts.

Every INV 201 sitting

INV 201 pass rate by sitting: candidates, passed, raw rate, effective rate. Newest first.
Sitting Candidates Passed Raw rate Effective rate
March 2026 86 36 41.9% 44.4%
November 2025 110 45 40.9% 43.7%

About INV 201

The second sequenced Investments course in the 2025 course-based FSA pathway, building on INV 101.

Data: Society of Actuaries official exam statistics, 2025 to 2026. Last updated July 5, 2026.

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