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D.W. Simpson and Company -- Actuary Salary Surveys |
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#1
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How many points we need to get a 5 on DP? My company has the policy of only reimbursing exam fees and materials for those with 5 and above on the first try.
I just did my DP and am feeling terrible, I completely left 20 points blank and am pretty shitty on 40% of the rremaining 100 points. Is 50 points enough to get a 5 historically? Don't think I am going to make it this time but hoping for a 5 so I can get my mula back. |
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#2
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Leaving points blank is pretty bad. By just putting something reasonable down could have gotten you a point or two.
I think it is close to 60-65 for a passing score, and I would guess if it is 60, then a 5 would be 10% less, so 54 or so. Nobody knows for sure what the actual passing scores are, but that is the info that I have gathered over the years. if you did poorly on 40% of 100 pts then your likely score is: 40*10% = 4pts for bad questions + 60*50% =30pts if you did "OK" on other questions or 60*80% =48pts if you did "well" on other questions = 34-52 pts. It is reasonable that you got a 5, but not that likely. Adjust these factors for your own belief based on how well you did. |
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#3
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An anonymous study guide creator who has been on the exam committee says she/he has seen pass marks so low they "really surprised" her/him, and she/he also implied about 60-70 is average. So if it was a tough exam perhaps it could have been in the 50's? |
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#4
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Your company's exam program sucks. I hope the raises they give for passing are incredible.
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#6
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Yep.
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#7
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Thanks for all the great info, I appreciate it. Anyway, I work in Asia and the exam support is not that great. Good thing is you are still in the program even if you get a 0 so my downside is limited by a 5. : )
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#8
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While leaving points blank isn't great, I always left about 20 points blank on the FSA exams I passed (10 in the morning, 10 in the afternoon) .... but I was pretty solid on the stuff I didn't skip. I'm too lazy to look up what scores I got on the exams, but I think it was 7 or 8 (this was the investments track)
Thing is, your estimate of having 50 points can be way off. They're never going to give you enough info to figure out what your raw score, even if you fail and get the per item breakdown. But people often misestimate how many points they got on a question (both ways). Some people who thought they did solidly on a problem scored very poorly, and vice versa. A 5 is theoretically possible, but determining the actual odds.... not really worth your time. So best wishes, and I wouldn't try thinking about it too much. |
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#9
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#10
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