SOAFellowshipRetiredFSA track
SOA QFI PM Pass Rates
QFI PM: Portfolio Management
42.3%
April/May 2025 raw pass rate
−4.6 ptsvs 46.9% in October/November 2024
- All-time high
- 52.3%July 2020
- All-time low
- 35.1%October/November 2023
- Average
- 44.4%across 12 sittings
- Std. deviation
- 4.4 ptssitting to sitting
- Candidates tracked
- 1,6832019 to 2025
- Sittings
- 12all counted
Raw pass rate
Every QFI PM sitting
| Sitting | Candidates | Passed | Raw rate | Effective rate |
|---|---|---|---|---|
| April/May 2025 | 130 | 55 | 42.3% | 44.7% |
| October/November 2024 | 147 | 69 | 46.9% | 46.9% |
| April/May 2024 | 170 | 77 | 45.3% | 46.4% |
| October/November 2023 | 148 | 52 | 35.1% | 38.0% |
| April/May 2023 | 165 | 77 | 46.7% | 49.7% |
| October/November 2022 | 109 | 50 | 45.9% | 47.2% |
| April/May 2022 | 133 | 61 | 45.9% | 46.6% |
| October/November 2021 | 144 | 62 | 43.1% | 45.9% |
| April/May 2021 | 147 | 56 | 38.1% | 38.6% |
| October/November 2020 | 82 | 37 | 45.1% | 48.7% |
| July 2020 | 151 | 79 | 52.3% | 52.3% |
| October/November 2019 | 157 | 72 | 45.9% | 47.4% |
About QFI PM
The portfolio management exam of the QFI track, offered from 2019 until the 2025 course-based pathway redesign.
Data: Society of Actuaries official exam statistics, 2019 to 2025. Last updated July 5, 2026.