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  #21  
Old 04-30-2018, 10:27 PM
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Originally Posted by NerdAlert View Post
Another instance of me bringing down the average.

10.415 years here, by this metric.
tbh, I think that makes you above average
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  #22  
Old 05-01-2018, 09:55 AM
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tbh, I think that makes you above average
Adjusting for those that don’t finish, absolutely.
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  #23  
Old 05-01-2018, 12:29 PM
Dr T Non-Fan Dr T Non-Fan is online now
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I just went to FAC this year and they said the average age was 30, so they have been able to bring the average age down a year or two.
What are "they" "doing" to effect this change?

I would suggest "one-and-done" in college. That might lower the age of successful Fellows. Or, just straight out of high school.

But seriously, only three ways to lower the age:
1. Make it easier to get the Fellowship.
2. Hire smarter, on average, people than were hired before, who can pass the exams more swiftly.
3. Hire people more likely to be quitters, who won't muck up the average with a high age at Fellowship, because they will quit the process.

And only one of those do the Societies have any real control over.
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  #24  
Old 05-01-2018, 01:05 PM
Pension.Mathematics Pension.Mathematics is online now
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Originally Posted by Dr T Non-Fan View Post
But seriously, only three ways to lower the age:
1. Make it easier to get the Fellowship.
2. Hire smarter, on average, people than were hired before, who can pass the exams more swiftly.
3. Hire people more likely to be quitters, who won't muck up the average with a high age at Fellowship, because they will quit the process.

And only one of those do the Societies have any real control over.
I don't agree, they could make it easier for smart and hardworking people and harder for dumb or lazy people.

I actually really like SOA's current approach in general:

1, the prelims ensure that you are somewhat quantitatively inclined at least. you can be a math genius but that will only help you pass the prelims a couple years faster than the average.

2, FAP and FSA modules help you develop a strong business acumen.

3, FSA exams force you to develop perseverance and teach you the life lesson that "hard work pays off".

don't get me wrong, i know people who spend 7 weeks for the FSA exams and get away with lucky 6s but those are outlier situations, I am referring to normal folks who fall within 2 standard deviation of the mean.
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  #25  
Old 05-01-2018, 01:17 PM
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Originally Posted by Dr T Non-Fan View Post
What are "they" "doing" to effect this change?

I would suggest "one-and-done" in college. That might lower the age of successful Fellows. Or, just straight out of high school.

But seriously, only three ways to lower the age:
1. Make it easier to get the Fellowship.
2. Hire smarter, on average, people than were hired before, who can pass the exams more swiftly.
3. Hire people more likely to be quitters, who won't muck up the average with a high age at Fellowship, because they will quit the process.

And only one of those do the Societies have any real control over.
You left out getting people to start earlier.
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  #26  
Old 05-01-2018, 01:23 PM
Dr T Non-Fan Dr T Non-Fan is online now
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Originally Posted by JMO View Post
You left out getting people to start earlier.
That's the "one-and-done" thing. A reference to college basketball.
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  #27  
Old 05-01-2018, 01:25 PM
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Originally Posted by Dr T Non-Fan View Post
That's the "one-and-done" thing. A reference to college basketball.
Oh, duh.

I have followed college football to some extent, but never had any interest in basketball.
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And def agree w/ JMO.
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This. And everything else JMO wrote.
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  #28  
Old 05-01-2018, 01:43 PM
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Originally Posted by Pension.Mathematics View Post
2, FAP and FSA modules help you develop a strong business acumen.


I think you are confusing modules with an MBA.
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  #29  
Old 05-01-2018, 04:30 PM
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I think you are confusing modules with an MBA.
what do you think the modules are meant to accomplish then?
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  #30  
Old 05-01-2018, 04:54 PM
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I'm 6 years in so far, and have at least 1 full year left, probably 2-3 with my exam skills. Maybe I'll be average!
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