IFoA CB2

CB2 is a subject code within the IFoA's examination system, which sits alongside Personal and Professional Development, where practical work experience is a key part of the qualification. The IFoA publishes curriculum and exam information centrally rather than per subject on its homepage, so check the Curriculum and Exams pages for the current position.

The source material does not state the format, number of questions or duration for CB2. Do not rely on second-hand descriptions. Confirm the format from the official syllabus and the exam instructions published for your session on the IFoA Exams pages before you build a practice strategy around it.

Fees and pass marks are not given in the source material, so no figure can be quoted reliably here. Both change over time and are published by the IFoA for each exam session. Check your member portal and the Exams pages for the fee applicable to your entry and the marking and pass arrangements in force.

The source does not describe retake rules or attempt limits for individual subjects. The IFoA does publish information on mitigating circumstances, appeals and counselling under its After exams section, which is the right place to start if an attempt is affected by illness or other serious events. Confirm retake mechanics with the IFoA directly.

The IFoA states that its Exams pages hold key information including dates and essential resources, but the specific CB2 session dates and entry deadlines are not listed in the source material. Entry deadlines typically fall well before the sitting, so check the Exams pages and your member portal early rather than assuming a date.

The source does not prescribe a study order across subjects. The IFoA does publish the current curriculum, which sets out the structure and content of the qualification, and that is the document to use when planning sequencing. Discuss your plan with your employer or a qualified actuary who knows your background and time available.

The IFoA points candidates to its Curriculum pages for information under the current curriculum and to its Exams pages for key information including dates and essential resources. It also runs a Virtual Learning Environment, accessible from the site navigation, and publishes events and webinars that can support broader professional development.

The source does not publish failure statistics or reasons. Practical safeguards are to study against the current syllabus rather than older notes, since the IFoA refers to 'our current curriculum', to practise full papers under time pressure, and to check the Exams pages for any change to arrangements before each sitting.

The IFoA's After exams section covers mitigating circumstances, appeals and counselling. If illness or another serious event affects your preparation or performance, read that guidance promptly and follow the published process and deadlines rather than waiting for results. The IFoA also offers a confidential Professional and Regulatory Support Helpdesk for members.

No. The IFoA describes Personal and Professional Development as part of the qualification, with practical work experience a key part of it, and it separately promotes Chartered Actuary status. Subject passes are one component of a wider pathway. Check the Become an actuary and Chartered Actuary pages for the full requirements.