CIP grades

This page describes how CIP grades are calculated and the requirements for program completion. Please see the exams section for additional important information.

Final CIP course grades are issued as letter grades using the following structure.

Passing grades:

H = 80–100% of the available marks

B = 75–79% of the available marks

C = 65–74% of the available marks

D = 60–64% of the available marks

Failing grades:

X = 55–59% of the available marks

Y = 40–54% of the available marks

Z = less than 40% of the available marks

For most CIP courses, the final letter grade is calculated based on a class mark out of 100 and a final exam mark out of 200. Actual exam marks will not be published.

The class mark includes a midterm exam worth 60%, and the remainder of the marks are made up of a combination of tests and/or assignments. Your instructor or online course information will confirm how the 40% of your class mark will be allocated.

To pass the course, you must achieve a final grade of D or above. A grade of D means that you have achieved a minimum of 55% (110 marks out of 200) on your exam and 60% (180 marks out of 300) on the course overall.

To obtain Honours (H), you must achieve a minimum of 80% (160/200) on your exam and 80% (240/300) on the course overall.

For example:

• If you receive a class mark of 60% (60/100) and the required minimum final exam mark of 55% (110/200) – a total combination mark of 170/300 – you will not receive a passing mark for the course, because you did not achieve the minimum required 60% (180/300) needed to pass the course.
• If you receive a class mark of 90% (90/100) and a final exam mark of 53% (106/200) – a total combination mark of 65%, or 196/300, more than the minimum 180 marks required – you will not receive a passing mark for the course, because you did not achieve the required minimum 55% on the final exam.

If you fail on your first attempt and require a rewrite, your final grade will be based only on your rewrite exam score; the class marks will not be carried over. Rewrite exams are to be written in the next session. Permission must be obtained from the Registrar to defer the exam rewrite. Refer to the Examinations section for information about rewrites.

 

To complete the program, you must successfully complete all course requirements and have at least one year’s work experience in property and casualty insurance or related financial services. Once you have met these requirements, your name will be put forward for election to CIP status, after which you will be permitted to use the post-nominal letters CIP. The effective date will be indicated in the letter of confirmation.

To qualify for an Honours certificate, you must obtain a minimum of eight (8) Honours grades out of ten (10) subjects. Claiming credits or exemptions may impact your qualification for an Honours CIP certificate.