January 7, 2021 at 10:28 pm #1860
My guess is that they never had the meeting and intended on waiting a month to have it. Then people complained so they are running the statistics and reports they need for the meeting. And the meeting is 1/13 or 1/14 now.January 7, 2021 at 10:29 pm #1861
In regards to the May tests. I imagine they care most about getting to a normal schedule. Whether people have enough time to study or not probably wasn’t fully considered.January 7, 2021 at 10:53 pm #1862
Well, it looks more and more like a barrier. With added secrecy and not publishing exams, pass marks, they can do whatever they want and we’ll never know.January 7, 2021 at 10:54 pm #1863
I mean, they already can do whatever they want, but this way we can’t even complain.January 7, 2021 at 11:23 pm #1864
Sure, we can complain but at the end of the day, the CAS as other actuarial organizations is an oligopoly. There’s no accountability and no remedial measures for bad decisions. They can do whatever they want, whenever they want at any cost to the students.January 7, 2021 at 11:40 pm #1866
It somehow looked more promising a few years back with posts and updates on AO.January 8, 2021 at 3:50 am #1872LokiParticipant
Some of you need a little more adversity in life.January 8, 2021 at 7:06 pm #1884
I lost a child last summer. Is that enough adversity for you, Loki?January 8, 2021 at 7:13 pm #1887
So sorry to hear resact. As a parent Loki, i can tell you, it is very hard on families. You could argue it’s our choice to have kids, but please keep in mind that these very same kids will one day take care of you.January 8, 2021 at 7:20 pm #1888
My theory in the exam committee. Is that the prior leadership in the committee was more transparent and timely. Also the pass marks were higher under them. Exams results were released as soon as they were ready in a staggered fashion. Not waiting to 2pm on a specific day for all at once. But, 10 am for a given exam one day, then the next day.
Once the new leadership came in IQs became a thing and kept on increasing in magnitude of difficulty and at the same time the pass percentage for exam 8 continued to get lower.
Part of the reconciliation process the exam committee does is review the MQC that they had as an apriori before any tests were graded, and the mqc after tests were graded. My impression was the past leadership was more willing to lower the MQC and adapt.January 8, 2021 at 7:23 pm #1889ActuarialedParticipant
Its weird because 6 has gotten easier for some reason and 7 and 8 are harder.January 8, 2021 at 7:28 pm #1890
Thanks for your wishes, Tigger. To Actuarialed: i think the “gatekeeper” exam evolves over time. For a number of years, it was the old 7 (what 6 is today), then I think with the explosion of interest in the field and the incentives for passi g that exam, it became harder to prevent people from passing. MAS I became the new gatekeeper for a bit although that seems to have subsided somewhat. Now it appears that 8 has become the new upper level gatekeeper based on the stats. I think they have to keep mixing things up so it’s not obvious. That’s why they occasionally add IQs and other curveballs.January 8, 2021 at 7:29 pm #1891TryhardActuaryParticipant
Have never taken exam 6 yet but maybe exam 6 has gotten easier because there is shortage of ACAS? but those that make it to ACAS get to FCAS relatively easily?
Not sure why Exam 6 has gotten easier but 7 and 8 got harder. Interesting.January 8, 2021 at 7:32 pm #1894
I have sat for exam 6 twice, 7 twice, 8 twice, and now 9 twice. My personal opinion is that 7-9 are way harder than exam 6. Exam 9 to me is my personal hardest. While 7 and 8 have harder material, the questions on 9 are the worst.January 8, 2021 at 7:33 pm #1897
I also sat for 6 twice (passed), 7 three times, 8 once and 9 twice. I think 9 is the easiest material but strangely enough I agree with you that I thought it was the hardest this time around.January 8, 2021 at 7:42 pm #1898TryhardActuaryParticipant
Resact26, which exams do you have left before FCAS? Given how 7-9 are offered only once a year, do you attempt each time they’re offered instead of waiting a full year to take what you failed?
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