Actuarial exam pass rates by exam

Exam P (Probability)

46.7% passed

46.7% passed Exam P in July 2026, up from 44.7% in May 2026.

WindowPass rateCandidates
July 202646.7%2,925
May 202644.7%1,952
March 202646.2%2,117
January 202649.2%2,363
November 202543.4%2,135
September 202545.0%2,154
July 202546.0%2,832
May 202543.0%1,854
March 202545.0%1,997
January 202547.1%2,210
November 202445.1%1,894
September 202447.4%1,837
July 202447.2%2,457
May 202443.7%1,874
March 202444.3%1,857
January 202446.4%1,965

Your result

46.7% passed. 46.7% passed Exam P in July 2026, up from 44.7% in May 2026. Exam P's latest rate, 46.7%, is the 5th highest of the 7 exams.

The actuarial Exam P pass rate was 46.7% in July 2026, and Exam ALTAM had the lowest latest rate at 45.8%.

Every exam from the highest pass rate to the lowest

Latest pass rate, highest first
ExamLatestRange
Exam SRM (Statistics for Risk Modeling)67.7% in May 202664.0% to 71.2%
Exam PA (Predictive Analytics)65.1% in April 202664.6% to 66.7%
Exam FAM (Fundamentals of Actuarial Mathematics)57.0% in July 202653.3% to 60.6%
Exam ASTAM (Advanced Short-Term Actuarial Mathematics)50.9% in April 202638.9% to 61.6%
Exam P (Probability)46.7% in July 202643.0% to 49.2%
Exam FM (Financial Mathematics)46.0% in June 202642.0% to 48.8%
Exam ALTAM (Advanced Long-Term Actuarial Mathematics)45.8% in April 202645.5% to 56.5%

What the numbers say

  • The computer-based exams state the percent correct needed: 71% for P and FM, 60.0% for FAM and 63% for SRM. The PA, ALTAM and ASTAM notices give none.
  • The rate is the percent of all candidates who passed.
  • Exam P pass rates in detail · Exam FM · Exam FAM

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Questions people ask

What is the Exam P pass rate?

46.7% in July 2026. Every sitting since January 2024 was between 43.0% and 49.2%.

Which actuarial exam has the lowest pass rate?

ALTAM, at 45.8% in April 2026. Exam FM was 46.0% in June 2026.

Which has the highest?

SRM, at 67.7% in May 2026, then PA at 65.1% in April 2026.

What do you need to pass?

For the computer-based exams the notices give the percent correct needed: 71% for P and FM, 60.0% for FAM and 63% for SRM.

How we work this out

What it does

Pick an exam and a sitting to see its pass rate, and how the exam ranks against the other six on the way to ASA.

Exams P, FM, FAM, SRM, PA, ALTAM and ASTAM, every sitting from January 2024.

Method

  1. Each rate is the Society of Actuaries' published percent of candidates passing.
  2. The ranking orders the exams by their latest sitting.