The Institute of Actuaries of India (IAI) has introduced new pass mark rules that will be applicable from the February 2025 examination session onwards. These revised guidelines clarify the minimum score thresholds needed to pass various actuarial papers, including CS, CM, CB, CP, SP, and SA series.
Here's a concise breakdown of the new pass mark rules:
CS & CM Series (CS1, CS2, CM1, CM2)
- Minimum 30% marks required in each paper (A & B).
- Minimum 50% aggregate across both papers to pass.
- Paper A and B are weighted 70:30 respectively.
- Aggregate score rounded up to the nearest whole number.
CB Series (CB1, CB2, CB3)
- A candidate must score a minimum of 65%.
- Final marks are rounded up to the next whole number.
CP1 & CP2
- Minimum 30% in each paper (A & B) and 50% in aggregate.
- Equal weighting of 50:50 between the papers.
- Scores are rounded up to the nearest whole number.
CP3
- A candidate must secure 50% marks to pass.
- Scores are rounded up to the nearest whole number.
SP & SA Series
- Minimum 50% marks required.
- Final marks rounded up to the next whole number.
Disclaimer: IAI reserves the right to revise pass mark rules per session. Always refer to the official website www.actuariesindia.org for the latest updates.
This rule update ensures uniformity and clarity across examination assessments, helping students plan their exam strategy more effectively.