Culliton and Fanning LLC,
Certified Public Accountants, have determined the percentage of
Burnham System candidates who passed their insurance
examinations, thanks to using The Burnham System.
The methods used to determine the results are
fully outlined in the following reports. We invite you to review
these methodologies and to contact us with any questions that you may have about
them.
We
have converted two representative reports into Adobe Acrobat (PDF) files.
Please feel free to download and print these
reports.
A
tabular webpage presentation of the results for six recent years is provided, below.
Culliton and Fanning LLC, CPAs applied the same methods used in the
reports presented above to generate these tabular data.
For
ease of analysis, all data were rounded to the nearest 0.1% from the
nearest 0.01%. For example, the most recent overall percentage was
actually 98.44%, not 98.4%.
Summary
Results of the Independent Accountant's Report
Percentage of Burnham System Patrons
Who Passed their Insurance
Examinations on Their First Try
Study
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
CPCU
97.5%
97.4%
95.5%
96.6%
95.8%
98.4%
IIA*
98.8%
97.7%
97.6%
98.2%
96.8%
97.9%
CLU/ChFC
99.6%
96.9%
96.2%
97.3%
95.9%
99.5%
CIC
97.1%
94.9%
100.0%
100.0%
100.0%
100.0%
Overall
98.1%
97.4%
96.4%
97.2%
96.2%
98.4%
Note: IIA includes the following exam series:
INS, AIS, API, AIC, AIM, ARM, AU, AAI, APA, AIAF, AMIM, AIT, ARe,
AFSB, ASLI, ASLI, ARC, RMPE, SM and the Intro courses.
