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CIPM Exam Minimum Passing Score
The CIPM Association sets the MPS for each exam. Pass rates are a result of, not a determinant of, the minimum passing score. Exam results are reported as either “pass” or “fail.” Numeric scores are not released to candidates.
Standard Setting for CIPM Exams
The process involves assembling a panel of practitioners who are familiar with the knowledge, skills, and abilities required of competent practitioners in the field of investment performance valuation and presentation. Working under the direction of professional test and measurement specialists, the panelists go through an organized process to assess candidate performance. The MPS is determined after the completed questions have been subjected to thorough psychometric analysis and the standard setters have concluded their evaluation.