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Old 04-23-2018, 10:03 PM
DonaldStewart DonaldStewart is offline
 
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Default EA-1 Pass Rate

I'm taking the EA-1 for the first time next week after failing the MLC. I've been getting 75-90%'s on the practice exams, but since scoring is percentile based and roughly 32% of people pass, should I feel good on my practice exam results? Or is that still iffy?
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Old 04-24-2018, 01:22 AM
apban486 apban486 is offline
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i passed EA-1 last year. I wouldn't get discouraged over the passing rate. Yes, it is low, but I feel like it's because (1) a lot of people don't take this exam since they take MLC, therefore the number is smaller and (2) i feel like many take this exam not knowing what they're getting themselves into. The candidates taking it are probably people who fell into pension world with not a strong math background who then decide to take this test. At the end of the day it's a math exam and you must study like it.

Since it's a math exam not much of it changes. If you're doing well on the practice exams you should be good! I kept taking those practice exams over and over.
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Old 04-24-2018, 09:48 AM
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There is a thread on page 3 of this forum indicating that the minimum passing score was 61 for each of the 2013-2016 exams. I would expect that with such a small number taking EA-1, who passes is more dependent on actual score than a slight adjustment with a curve, so 61 is probably the passing score or very close to it every year.
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Old 04-24-2018, 11:15 PM
DonaldStewart DonaldStewart is offline
 
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Ok, thank you.

Also I can't believe I can't find this, but I'm taking the EA-1 this May 1, and can't see if it's a CBT, and if i find out if i pass right away. I took the MLC in the fall and had to wait almost 11 weeks to confirm I failed which was awful. Any ideas?
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Old 04-24-2018, 11:21 PM
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It's a written exam where you fill out a scantron sheet and then have to wait until July to find out whether or not you passed. It's old school for the EA exams. Bring a #2 pencil!

Find your testing location here.
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Old 04-24-2018, 11:33 PM
DonaldStewart DonaldStewart is offline
 
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Ah darn, so hopefully there's no doubt I passed and can start studying the EA-2 material without waiting until July
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Old 04-24-2018, 11:44 PM
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There is nothing standing in your way of taking EA-2F in the fall (whether you pass EA-1 or not), especially considering that EA-1 is only offered once a year like all 3 of the EA exams (i.e. the next EA-1 sitting would be the following May).
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Old 05-31-2018, 02:53 PM
tugcsuf tugcsuf is offline
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Quote:
Originally Posted by DonaldStewart View Post
I'm taking the EA-1 for the first time next week after failing the MLC. I've been getting 75-90%'s on the practice exams, but since scoring is percentile based and roughly 32% of people pass, should I feel good on my practice exam results? Or is that still iffy?
What did you think about the difficulty of the exam? DonaldStewart.
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Old 05-31-2018, 05:41 PM
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Rick_G Rick_G is offline
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Quote:
Originally Posted by PosterNutBag View Post
There is nothing standing in your way of taking EA-2F in the fall (whether you pass EA-1 or not), especially considering that EA-1 is only offered once a year like all 3 of the EA exams (i.e. the next EA-1 sitting would be the following May).
There is almost no relationship between EA-2F and EA-1. You must know how to use commutation functions with three segment interest rates to calculate present values for EA-2F.
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