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  #11  
Old 12-27-2018, 09:32 AM
almost_there almost_there is offline
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The transition is absolutely botched and IFoA are not doing anything to sort it out except fob off complaints but they're not going away...
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  #12  
Old 12-27-2018, 09:37 AM
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Thanks, Poly.

When the CAS does things like this, it usually gives candidates a couple of years (typically 2-6 sittings) to take the "other half" of the new exam, after the changes have been announced and before they go into effect. Sometimes, to make this happen, it even sponsors a sitting or two of what has become a half-exam that is only open to people who have the "other half".

Did the IFoA not do that? There's not transition time? That seems harsh.
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  #13  
Old 12-27-2018, 09:40 AM
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Originally Posted by PeppermintPatty View Post
Did the IFoA not do that? There's not transition time? That seems harsh.
There were 3 or 4 sittings notice but this does not atone. You'll see a huge number of people compared to usual sitting exams in September just gone by. It's estimated thousands will be disadvantaged, despite IFoA CEO's promise.
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  #14  
Old 12-27-2018, 09:41 AM
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Well, this came out mid 2017, with initial consultations in 2016.

Thats about 3 exam sittings (2017 - 1 and 2018 - 2)
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  #15  
Old 12-27-2018, 09:44 AM
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If most everyone would only have to make up one "half new exam" to be whole, that sounds okay to me. Societies do need to be able to change their exams to keep up with the times and make improvements. But if there are a lot of people who would have more than on "half exam" when it was announced, that seems awfully short.
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  #16  
Old 12-27-2018, 09:47 AM
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In 2005, the last time a major change to the system, there were two exams merging into one. That wasn't fair, it's even more unfair this time where this happens more than once.
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  #17  
Old 12-27-2018, 09:56 AM
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Quote:
Originally Posted by PeppermintPatty View Post
If most everyone would only have to make up one "half new exam" to be whole, that sounds okay to me. Societies do need to be able to change their exams to keep up with the times and make improvements. But if there are a lot of people who would have more than on "half exam" when it was announced, that seems awfully short.
The real problem is the people that first started writing exams in 2018.

That's where you find the highest proportion of people with the exam issues. Essentially, they were forced to take exams in tandem, instead of being able to pick specific ones.
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  #18  
Old 12-27-2018, 11:21 AM
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Quote:
Originally Posted by almost_there View Post
In 2005, the last time a major change to the system, there were two exams merging into one. That wasn't fair, it's even more unfair this time where this happens more than once.
Two exams merging into one is not unfair with the amount of notice described. Those of us who are pursuing the FCAS path remember that a few years ago the CAS decided to collapse two exams and an educational requirement into one larger exam. They provided three sittings' notice for anyone with partial credit to complete the missing pieces for full credit, and most candidates at the time felt this was fair.

What's different about the IFoA situation is that multiple exam mergers are happening at the same time. A student who needs to pass more than two of the old exams to complete any partial credit they have could be in a difficult position. Based on Poly's descriptions, the only way for this to happen is for someone to have credit for CT1 or CT5 (but not both), and have credit for CT6 but neither CT4 nor CT8. I'd be curious how many current candidates had passed exams in an order that would create said situation.
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  #19  
Old 12-27-2018, 12:04 PM
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Quote:
Originally Posted by manaknight14 View Post
Two exams merging into one is not unfair with the amount of notice described.
It's totally unfair. IFoA CEO promised no one would be disadvantaged.
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  #20  
Old 12-27-2018, 12:39 PM
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Quote:
Originally Posted by The_Polymath View Post
The real problem is the people that first started writing exams in 2018.

That's where you find the highest proportion of people with the exam issues. Essentially, they were forced to take exams in tandem, instead of being able to pick specific ones.
Couldn't they have taken the ones that aren't merging, since they would (should) already know about the transition rules?

Also, how many people actually take the exams versus get university exemptions?
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