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The pass mark should not have been adjusted up this sitting as everyone had a year to study and only one shot at the exam so one can deduct that more people would pass. Also those who were not close to passing did not sit, they received a free pass to get a refund with COVID-19 and all the candidates I know that were not ready took it. Now we need to resit and they added new material which by the way as of yesterday you could not download the new text from the CAS website. The CAS screwed up royally and needs to own up! I hope CAS leadership read these posts, go back, and look at things again. We as candidates and future members DESERVE this!
You need grounds for an appeal and saying we think we passed does not work… we don’t get crap back so do not know anything. CAS is going down in flames and fast, candidates are their future members so they are doing themselves a disservice! Only reason I stay is being so close to my ACAS else I would be SoA all the way!
I got a 5 this sitting again and walked out knowing I passed after studying for a 10. There is something very wrong with the grading of this exam, I know several people that thought they passed and failed. The CAS has screwed up but will never admit it. There is no way I missed that many points to fail and yet there is nothing we can do. What the CAS should do is look at at the pass rates again. They only allowed everyone one sitting this year and in doing so people were much more prepared and those that were not were given the option not to take and most took it. As such there should have been a much greater passing number as a percent of who took the exam when compared to prior years. The CAS is loosing the faith of many candidates and by revisiting and revising, will show that they care about us. The process was clearly rushed and there is no shame in validating. Not to mention we all took the exam during covid, risking our health and safety, and I highly doubt any consideration was given.
