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CIPFA pass rates ‘mixed bag’

02 March 2017

A mixed bag is the only way you can describe the latest set of CIPFA exam results.

While the MA paper pass rate rose from 85% in June to a whopping 95% in November, the Financial Management pass rate dropped from 69% in the summer to just 56% last time around – the lowest pass rate at the winter session.

In all eight papers saw a drop in the pass rates when compared with the June sitting. Four papers saw a pass rate rise.

One of the most dramatic drops came with the Business & Change Management paper, which slipped from a healthy 81% pass rate to 59% this time around.

Another big pass rate dip occurred in the Taxation paper with a slip from 94% to 75% in one sitting.

November 2016 pass rates...
Audit & Assurance - 82.35%
Business & Change Management - 58.73%
Company Financial Reporting -63.27%
Corporate Governance - 84.56%
Financial Accounting - 80%
Financial Management - 69.12%
Management Accounting - 94.95%
PS Financial Reporting - 61.45%
Strategic Case Study - 73.02%
Strategy & Development - 81.95%
Strategic Public Finance - 66.4%
taxation - 75.47%


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