Pearson failure today

I got it. Here it is below:

Thank you to all candidates who participated in the April/May 2024 exam administration.

Candidates who took Exams 5, 6-United States, 6-Canada, 7, and/or 9 can expect to receive their results on Tuesday, July 23.

Results will be released between 10:00 and 11:00 a.m. ET. Candidates will be notified via email when their exam results are available. Candidates will access their exam grade in the “My Exams” section of their online CAS profile. For candidates who did not pass, a grade report will be available. All exam results should be considered as final.

We understand that candidates have questions about how the results were analyzed and pass marks were set for the April/May 2024 exam in light of the technology disruption on May 1. The current priority of CAS admissions leadership and staff is the release of exam results, but we are also planning to publish additional information about pass marks, which will be shared after all results have been released.

Candidates who sat for their exam multiple times will receive one result only. Candidates who passed their first attempt from May 1 will receive the score from their first attempt, as the retake exam was not graded. Candidates who did not pass their first attempt will receive the result of their second attempt.

Registration for the October/November 2024 administration for CAS exams MAS-I, MAS-II, 5, 6-Canada, 6-International, 6-United States, and 8 is expected to open in early August. Additional details about registration will be shared in the coming weeks.

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I did get it some 8 minutes afterward. For once I won’t rag on the CAS for their lackluster communication - having already done so for releasing this so late.

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I’m thankful we got a date and it’s nice to have the earlier time on Tuesday like the MAS folks had.

It’s the least waiting time it could’ve been based on their communication last week and history of releasing results on Tuesday afternoons or sometimes Wednesdays.

It feels so weird knowing that in the next hour and a half or so we’ll get results…

Now you’ve jinxed it.

That should have read “in the next hour and a half or so we’re supposed to get results”.

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Their announcement still didn’t have the calendar year on it, just saying.

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You all assume the Crowdstrike issue didn’t manifest here.

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If you see them come out, please give a shout!

The results are out!

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According to Reddit surveys the May 1 candidates seem to have a higher pass rate

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I’m wondering if CAS will put out anything to refute that. I doubt they’ll confirm it if true, but if Reddit is to be believed the pass rate for May 1st takers was significantly higher.

I’m trying to be unbothered now that I’ve given up on exams. Four 5s in a row is draining and I’m over it. But I’d like refutation of May 1 sitters having a significantly higher chance to pass, if it’s not true.

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Me too, pretty sure. I was starting to study again, but I’m way busy at work, likely for the next couple of years. And I’m too old for getting 5’s. Asa is one bucket list thing that I guess I’ll never get. Regret.

I expect to go back to school when I retire but I doubt I’ll continue with actuarial exams at that point. I’ll be out of insurance and no plans to do that in retirement. I’ll probably go back to school for robotics engineering or something fun like that.

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Are you still eligible for company sponsored study time? If so I’d keep pushing forward

Yeah, but I don’t think we want to. Plans for adoption are upcoming and I don’t really feel like studying, and early retirement is just a question of how early, if life doesn’t go sideways.

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Makes sense, I wouldn’t put my life on hold to study

Enjoy parenthood and early retirement

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Why would they need to refute it?

They don’t need to.

They don’t need to but they are clearly feeling the pressure. The fact that they are issuing a pass mark report shows that they are hearing the complaints that people are having and they are going to (hopefully) address them.

My questions is more about why the May 1st pass ratio should be similar to the other exam takers. I would actually expect the May 1st pass rate to be higher considering:

  1. They had at least one, up to two full attempts at the exam,
  2. They had an extra few weeks to prepare for the retake, and
  3. The MQC is usually decided beforehand.

Even with naive assumptions that the two sittings were independent and identically distributed, a 50% pass rate per sitting already gets you to a 75% pass rate when you have two chances.

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Independence is obviously false… there would be a high correlation between passing on attempt 1 and passing on attempt 2.

But for a marginally prepared candidate, the extra study days coupled with two chances to guess correctly at the stuff you weren’t sure about surely turned some 5s into passes.