Results Release Date

[act_123]

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.

[act_123]

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.

[Tigger0209]

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.

[Tigger0209]

I mean, they already can do whatever they want, but this way we can’t even complain.

[resact26]

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.

[Tigger0209]

It somehow looked more promising a few years back with posts and updates on AO.

[Loki]

Some of you need a little more adversity in life.

[resact26]

I lost a child last summer. Is that enough adversity for you, Loki?

[Tigger0209]

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.

[act_123]

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.

[Actuarialed]

Its weird because 6 has gotten easier for some reason and 7 and 8 are harder.

[resact26]

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.

[TryhardActuary]

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.

[act_123]

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.

[resact26]

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.

[TryhardActuary]

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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