ONLINE EXTRA: Update on Computer-Based Testing
The Canadian Institute of Actuaries, Casualty Actuarial Society, and the Society of Actuaries work together to offer the preliminary exams by computer-based testing (CBT). Currently Exam P/1, FM/2, and C/4 are offered by CBT.
During the November 2010 test window, it is anticipated that instant unofficial test results will be given to Exam C/4 candidates for the first time. As is the practice with Exams P/1 and FM/2, official results for Exam C/4 will be released approximately eight weeks after the test window closes.
In May 2011, it is anticipated that Exam MFE/3F will move to CBT. Dates for the test window will be released in December. When an exam is first offered by CBT, immediate pass/fail results will not be available for the first few administrations. Grades for Exam MFE/3F will be released approximately eight weeks after the test window closes.