Education

Innovation and Progress: Semester 1 2025 Results

Mid adult man working using laptop at library.

Claim your CPD points

The Institute congratulates the 684 students who passed their Semester 1 subjects. Pass rates and the number of students who sat in each subject for the last three semesters are shown below.

113 students have completed all the examinations required to qualify for Fellowship, a fantastic achievement after several years of dedicated study. Subject to having paid all fees, including exemptions fees and having submitted the required Practical Experience Requirement form, the FIAA designation was awarded on 1 July.

Many students who were not successful appear to have knowledge of the subjects but struggled to address the specifics of the assessment questions. Our advice is to actively engage with the Chief Examiners through tutorials and discussion boards as well as practice writing skills.

Semester 1, 2025 pass rates
A table of the Semester 1 2025 Pass Rates.

Semester 1 2025 Pass Rates.


Visit the Results page to view:

  • Pass Lists for Institute Actuary Program subjects – Semester 1, 2025
  • Pass Lists for Fellowship Program subjects – Semester 1, 2025
  • Eligible for Fellowship list – Semester 1, 2025
Semester 1, 2025 prize winners

Congratulations to our Semester 1 prize winners who have demonstrated an excellent grasp of the subject, sound critical thinking and clear communication skills. 

A table of the Semester 1 2025 winners showing their names, prize win and headshots.

Semester 1 2025 winners

Teaching, learning and AI

The Actuaries Institute is committed to embracing AI in our Education Program. AI tools enhance learning when used appropriately for research, drafting assistance, coding, modelling and skill development. However, our Education Program is designed to prepare future actuaries — these tools are useful but do not replace thinking nor accountability. Hence, we advise students to use AI as a professional tool to enhance their learning, not replace their thinking. 

Our education must develop genuine analytical skills, ethical judgment and problem-solving abilities that employers and the actuarial profession demand.

Students must always acknowledge AI assistance, verify and understand any AI-generated content, and remember that their integrity today shapes their professional credibility tomorrow. AI should help students become better actuaries, not shortcut the learning process that makes them competent in the first place.

About the authors
Headshot of Mike Callan
Mike Callan, Executive General Manager, Education at Actuaries Institute
Mike has over 30 years’ experience in life insurance, wealth management, pensions and educating actuaries. Whilst in Europe, he led a team of over 30 actuaries covering product design, reserving, embedded value profit reporting and built up a risk management function for a large, multi-national insurer. Mike set up the Part II program at Monash University and is now leading all aspects of the Institute’s education activities.