VEE Requirements -- People are Failing Now

[stokes49ers]

Passing rates in actuarial classes at schools is almost 100%. Passing rates on actuarial exams are 40%. About a 60% difference there. Is it better to chose to enroll in a university to get VEE credit than take a VEE exam because more people will pass the class than the exam? Classes usually are not that bad. Exams - a different story. I wonder if schools will be forced to set their classes up so that only 40% get the minimum required grade.

[PassOrDie]

The percentage of people that passed most courses at my school was 70% and the class average for all math, stats and actuarial science courses were around 65 %. So I know lots of people that would rather take an exam with CAS or an online seminar instead of going through the hell of getting credit through university (atleast at my school). I've spoken to quite a few people from other universities and they feel the same way.

[Phonytician]

Not to mention that if you fail Neas once, the consecutive sittings are free.

[JGatsby]

What school are you going to? When I was in school we started with about 50 students in the class. By the end of the second class (Life Contingencies), we were down to about 30. I think about 25 graduated.

[Phonytician]

And the recently released Neas March 2005 results state the passing percentage was at 97% almost.
http://www.neas-seminars.com/Misc/

I think this is higher than almost any class I have taken in uni!

[wat?]

Passing rates in actuarial classes at schools is almost 100%. Passing rates on actuarial exams are 40%. About a 60% difference there. Is it better to chose to enroll in a university to get VEE credit than take a VEE exam because more people will pass the class than the exam? Classes usually are not that bad. Exams - a different story. I wonder if schools will be forced to set their classes up so that only 40% get the minimum required grade.
I think the SOA has expressed that they would like students to enter the actuarial field with these requirements completed. Thus, it seems intuitive that universities' passing rates of these actuarial-related classes should be higher than the actuarial exams. I don't think VEE should be treated like the regular SOA exams. I can only imagine that the SOA should expect a relatively impressive passing rate for VEE satisfaction experiences.