Exam 5 – Past CAS Exams
You can download the PDFs of the examiner’s reports for the past exams from the CAS website with the links below. Make sure to download these. The comments in the examiner’s reports are helpful to let you know:
- Common errors for a problem
- What solutions received full or partial credit
- Insights into how a problem was graded
Below are links to the Examiners’ Reports for the 2013-2019 exams:
- CAS Exam 5 – Fall 2019
- CAS Exam 5 – Spring 2019
- CAS Exam 5 – Fall 2018
- CAS Exam 5 – Spring 2018
- CAS Exam 5 – Fall 2017
- CAS Exam 5 – Spring 2017
- CAS Exam 5 – Fall 2016
- CAS Exam 5 – Spring 2016
- CAS Exam 5 – Fall 2015
- CAS Exam 5 – Spring 2015
- CAS Exam 5 – Fall 2014
- CAS Exam 5 – Spring 2014
- CAS Exam 5 – Fall 2013
- CAS Exam 5 – Spring 2013
Source: CAS Past Exams and Pass Marks
Getting The Most From Past Exam Problems
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CAS Exam 5 – Pass Marks
The pass mark is the number of points needed to pass the exam and is set each sitting by the Examination Committee.
The pass mark (%) is the pass mark as a percentage of the total points on the exam. Between 2011 and 2019, a candidate needed to score better than a 67%-75% on the exam to pass.
The 95th and 75th percentiles show the score achieved by that percentile of the pool of exam takers for the sitting. It can give you an idea of how well the more-prepared candidates did on the exam.
| Total Points | Pass Mark | Pass Mark (%) | 95th Percentile | 75th Percentile | |
|---|---|---|---|---|---|
| Fall 2019 | 53.50 | 37.00 | 69.2% | 79.9% | 70.1% |
| Spring 2019 | 52.00 | 37.50 | 72.1% | 84.9% | 75.7% |
| Fall 2018 | 55.00 | 36.50 | 66.4% | 78.2% | 69.1% |
| Spring 2018* | 55.50 | 42.00 | 75.7% | — | — |
| Spring 2018** | 53.50 | 40.25 | 75.2% | — | — |
| Fall 2017 | 55.75 | 37.00 | 66.4% | 81.6% | 71.7% |
| Spring 2017 | 57.50 | 40.50 | 70.4% | 83.0% | 76.1% |
| Fall 2016 | 56.00 | 40.25 | 71.9% | 84.2% | 76.1% |
| Spring 2016 | 57.75 | 41.50 | 71.9% | 84.8% | 77.9% |
| Fall 2015 | 55.75 | 38.25 | 68.6% | 80.3% | 70.9% |
| Spring 2015 | 57.25 | 40.00 | 69.9% | 80.3% | 72.9% |
| Fall 2014 | 58.25 | 40.75 | 70.0% | 82.8% | 73.0% |
| Spring 2014 | 59.75 | 42.50 | 71.1% | 84.7% | 75.5% |
| Fall 2013 | 58.50 | 41.00 | 70.1% | 81.2% | 72.6% |
| Spring 2013 | 63.50 | 42.50 | 66.9% | 78.7% | 68.9% |
| Spring 2012 | 66.25 | 47.75 | 72.1% | 86.6% | 78.5% |
| Spring 2011 | 79.75 | 57.25 | 71.8% | 81.2% | 72.4% |
Source: CAS Past Exams and Pass Marks
*Original Exam for Spring 2018
**Make-Up Exam, excludes question 21
CAS Exam 5 Pass Rates
The CAS Exam 5 Pass Rates page shows more detail about historical pass rates for Exam 5 since 2011.