Actuarial Outpost
 
Go Back   Actuarial Outpost > Exams - Please Limit Discussion to Exam-Related Topics > SoA/CAS Preliminary Exams > General
FlashChat Actuarial Discussion Preliminary Exams CAS/SOA Exams Cyberchat Around the World Suggestions


Upload your resume securely at https://www.dwsimpson.com
to be contacted when new jobs meet your skills and objectives.


Reply
 
Thread Tools Search this Thread Display Modes
  #11  
Old 08-06-2018, 09:16 AM
NormalDan's Avatar
NormalDan NormalDan is offline
Member
CAS
 
Join Date: Dec 2016
Location: NJ
Posts: 7,450
Default

It has taken me two attempts on everything except FM and MFE, so slightly better than one pass for every two sittings. From what I can tell that's probably about average of the people who are actively taking exams (so probably skewed high slightly since some people drop out entirely).

My manager managed to pass every exam on his first attempt but he's the first person I've ever talked to who has done that (or even close to).
Reply With Quote
  #12  
Old 08-06-2018, 09:42 AM
Abelian Grape's Avatar
Abelian Grape Abelian Grape is offline
Meme-ber                         Meme-ber
CAS
 
Join Date: Jul 2014
Favorite beer: Allagash Curieux
Posts: 42,065
Default

Average travel times on actuarial-lookup: http://www.actuarial-lookup.com/travel-times

Keep in mind that it will be missing people from before they published passing names. Also keep in mind that there are a bunch of people who have been taking these exams for years and haven't reached ASA/FSA/ACAS/FCAS, so the curves would be biased low (time-wise). So to answer your question, yes, it's common for people to fail (even multiple times).

E.g., consider the (low) pass rates of the CAS fellowship exams. The pool of testtakers are generally people who are Associates, so people who have made it through CAS Exam 6. Yet a huge chunk of those people fail.
__________________
Quote:
Originally Posted by Pension.Mathematics View Post
what's your problem man?
Reply With Quote
  #13  
Old 08-06-2018, 09:46 AM
Marcie's Avatar
Marcie Marcie is online now
Member
CAS
 
Join Date: Feb 2015
Posts: 9,614
Default

I have not (yet) achieved ASA or FSA, so I can't answer this question.
Reply With Quote
  #14  
Old 08-06-2018, 09:58 AM
BruteForce's Avatar
BruteForce BruteForce is offline
Member
SOA AAA
 
Join Date: Apr 2013
Studying for More Money
Favorite beer: Wurzel Bier
Posts: 11,387
Default

Quote:
Originally Posted by Marcie View Post
I have not (yet) achieved ASA or FSA, so I can't answer this question.
__________________
ASA

Quote:
Originally Posted by Actuary321 View Post
I would really hate to bring Pokémon to a gun fight.
Reply With Quote
  #15  
Old 08-06-2018, 10:02 AM
act_123 act_123 is offline
Member
CAS
 
Join Date: Dec 2013
Posts: 4,600
Default

Quote:
Originally Posted by therealsylvos View Post
5,6,6,0,0,6,9,7,6,6,5,6
Wow a 9.
__________________
ACAS 7 8 9
Reply With Quote
  #16  
Old 08-06-2018, 10:04 AM
therealsylvos's Avatar
therealsylvos therealsylvos is offline
Member
CAS
 
Join Date: Mar 2014
Posts: 17,451
Default

Quote:
Originally Posted by act_123 View Post
Wow a 9.
Exam C. I remember I was month in to studying and couldn't get through the first TIA video without literally falling asleep. So I got by with a little help from my friends and went off like a shot.
__________________
Quote:
Originally Posted by ao fan View Post
i like laying in the tube and pretending that i'm dead.
Reply With Quote
  #17  
Old 08-06-2018, 10:54 AM
NormalDan's Avatar
NormalDan NormalDan is offline
Member
CAS
 
Join Date: Dec 2016
Location: NJ
Posts: 7,450
Default

Quote:
Originally Posted by Abelian Grape View Post
Average travel times on actuarial-lookup: http://www.actuarial-lookup.com/travel-times

Keep in mind that it will be missing people from before they published passing names. Also keep in mind that there are a bunch of people who have been taking these exams for years and haven't reached ASA/FSA/ACAS/FCAS, so the curves would be biased low (time-wise). So to answer your question, yes, it's common for people to fail (even multiple times).

E.g., consider the (low) pass rates of the CAS fellowship exams. The pool of testtakers are generally people who are Associates, so people who have made it through CAS Exam 6. Yet a huge chunk of those people fail.
Cool charts. Dat gap between prelims and ACAS is scary though... is 6 that bad....
Reply With Quote
  #18  
Old 08-06-2018, 10:59 AM
therealsylvos's Avatar
therealsylvos therealsylvos is offline
Member
CAS
 
Join Date: Mar 2014
Posts: 17,451
Default

Quote:
Originally Posted by Abelian Grape View Post
Average travel times on actuarial-lookup: http://www.actuarial-lookup.com/travel-times

Keep in mind that it will be missing people from before they published passing names. Also keep in mind that there are a bunch of people who have been taking these exams for years and haven't reached ASA/FSA/ACAS/FCAS, so the curves would be biased low (time-wise). So to answer your question, yes, it's common for people to fail (even multiple times).

E.g., consider the (low) pass rates of the CAS fellowship exams. The pool of testtakers are generally people who are Associates, so people who have made it through CAS Exam 6. Yet a huge chunk of those people fail.
Also people who finish slower are less likely to be counted due to things like name changes (e.g. getting married) or taking prelims before 2007, further skewing the data.

It's fun to see this in action when you see reversals on the graph all the way at the bottom. For people with first exam passed in Sep 2012, the average FCAS travel time is shorter than the average ACAS travel time.

For any cohorts within the last, say 10 years or so, the data is probably hopelessly biased down. Even so the numbers from 2007-09 are lower than the CAS official numbers.
__________________
Quote:
Originally Posted by ao fan View Post
i like laying in the tube and pretending that i'm dead.

Last edited by therealsylvos; 08-06-2018 at 11:17 AM..
Reply With Quote
  #19  
Old 08-06-2018, 11:14 AM
therealsylvos's Avatar
therealsylvos therealsylvos is offline
Member
CAS
 
Join Date: Mar 2014
Posts: 17,451
Default

For fun I looked up the travel times on the way back machine to see how the distribution "develops" as the reporting gets more and more mature.

Dec 12, 2016:

Code:
	Preliminary	ACAS	FCAS*

# of People	913	547	291
Slowest     	9.25	9.5	9.75
5th*percentile	6	8	8.42
10th*percentile	5.33	7.5	8.17
15th*percentile	4.92	7.17	7.83
20th*percentile	4.47	6.83	7.5
25th*percentile	4.17	6.5	7.42
30th*percentile	3.92	6.35	7.17
35th*percentile	3.75	6	7
40th*percentile	3.58	5.88	6.92
45th*percentile	3.33	5.67	6.75
Average    	3.4	5.61	6.6
Median      	3.17	5.5	6.5
55th*percentile	3	5.33	6.5
60th*percentile	2.83	5	6.33
65th*percentile	2.75	4.83	6.17
70th*percentile	2.55	4.75	6
75th*percentile	2.33	4.5	5.83
80th*percentile	2.25	4.33	5.67
85th*percentile	2	4.17	5.46
90th*percentile	1.75	3.92	5.17
95th*percentile	1.5	3.67	4.75
Fastest      	0.67	2.17	3.17
Today:

Code:
	Preliminary	ACAS	FCAS*
	
# of People	1,523	951	547
Slowest	        10.67	11.75	11.75
5th*percentile	6.33	9.25	9.98
10th*percentile	5.42	8.33	9.28
15th*percentile	4.92	7.71	8.52
20th*percentile	4.5	7.25	8.25
25th*percentile	4.25	7	8
30th*percentile	4	6.5	7.67
35th*percentile	3.75	6.33	7.5
40th*percentile	3.58	6	7.25
45th*percentile	3.42	5.83	7
Average	        3.48	5.91	7.07
Median	        3.25	5.67	6.83
55th*percentile	3.08	5.42	6.75
60th*percentile	2.92	5.25	6.5
65th*percentile	2.75	5	6.33
70th*percentile	2.67	4.83	6.17
75th*percentile	2.42	4.67	6
80th*percentile	2.25	4.5	5.83
85th*percentile	2.08	4.25	5.5
90th*percentile	1.83	3.92	5.33
95th*percentile	1.58	3.58	4.83
Fastest	        0.67	2.17	3.17
I'll leave it to you nerds to select the ultimate development pattern.
__________________
Quote:
Originally Posted by ao fan View Post
i like laying in the tube and pretending that i'm dead.
Reply With Quote
  #20  
Old 08-06-2018, 03:49 PM
DarchArvor's Avatar
DarchArvor DarchArvor is offline
Member
SOA
 
Join Date: Jun 2016
Studying for everything
Posts: 579
Default

haven't failed yet, but I only did prelims so its understandable (started the journey in january 2016)

I noticed that people on AO tend to be bad at exams, but generally more persistent. I am not surprised to see some people failing a couple of times before getting to ASA
__________________
P FM MFE C MLC FAP PA >>> GHCOREC
Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -4. The time now is 07:33 AM.


Powered by vBulletin®
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
*PLEASE NOTE: Posts are not checked for accuracy, and do not
represent the views of the Actuarial Outpost or its sponsors.
Page generated in 0.29438 seconds with 9 queries