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“AIC and UBC remain<br />

committed partners<br />

in ensuring the AE<br />

written exam remains<br />

a relevant, consistent,<br />

fair, and efficiently<br />

administered tool to<br />

prepare Candidates<br />

for the Institute’s<br />

designations. ”<br />

AE exam statistics 2008-2011<br />

AACI<br />

Year Total Writers Pass Rate Total Writers Pass Rate<br />

2011 77 85% 99 77%<br />

2010 87 78% 103 73%<br />

2009 87 75% 123 66%<br />

2008 43 70% 42 55%<br />

Total 294 77% 367 68%<br />

661 exams written as at December 2011<br />

Source: Real Estate Division, UBC, Vancouver BC.<br />

AE exam - second attempts<br />

Exam evaluation and success<br />

AIC has appointed seven accredited members<br />

across Canada as graders. Since it is an openended<br />

exam, there is no specific answer guide<br />

for each question – graders utilize a worksheet<br />

based on marking criteria developed by the<br />

AIC to ensure consistent and accurate grading.<br />

The marking worksheet evaluates performance<br />

in the range of ‘needing work’ to ‘exceeding<br />

expectations.’ Grader consistency exercises are<br />

regularly applied to ensure fairness in marking.<br />

Since the first AE exam sitting in April<br />

2008, there have been 661 exams written.<br />

The pass rates for both the AACI and CRA<br />

Candidates have trended upwards. These pass<br />

AACI<br />

CRA<br />

Year Total Writers Pass Rate Total Writers Pass Rate<br />

2011 12 83% 21 67%<br />

2010 14 78% 19 74%<br />

2009 17 82% 26 62%<br />

2008 5 100% 5 40%<br />

Total 48 86% 71 60%<br />

119 exams written as at December 2011<br />

Source: Real Estate Division, UBC, Vancouver BC.<br />

CRA<br />

rates are trending higher, not because the<br />

exam is getting easier or because graders are<br />

getting more lenient, but more likely because<br />

students are better prepared. As noted by Tyler<br />

Beatty, the Candidate representative on the AE<br />

Committee, “the availability of and access to<br />

information relating to education requirements,<br />

designation requirements, and the AEP is<br />

improving and getting simpler to access each<br />

year.” 1<br />

A review of Candidates who attempt the<br />

exam a second time shows an interesting trend.<br />

The pass rate for AACI Candidates is very high<br />

for rewrites, while CRA Candidates are not quite<br />

as successful, but improving nonetheless.<br />

In closing, AIC and UBC remain committed<br />

partners in ensuring the AE written exam<br />

remains a relevant, consistent, fair, and<br />

efficiently administered tool to prepare<br />

Candidates for the Institute’s designations.<br />

End note<br />

1<br />

Beatty, T. ‘Navigating the Applied Experience<br />

Program: a Candidate’s perspective.’ Canadian<br />

Property Valuation. Vol.55. Book 1 2011, p. 26.<br />

Applied Experience Committee<br />

Duane Bates, AACI – Chair<br />

Troy Davidson, CRA – Vice Chair<br />

Susan McRury, CRA<br />

April Green, AACI<br />

Tyler Beatty, Candidate<br />

Stephanie Tong, AACI – UBC<br />

Suzanne Teal, ED, AIC – AB<br />

Dan Brewer, AACI – Board Liaison<br />

John Farmer, AACI – Board Liaison<br />

To contact this committee, email:<br />

aec@aicanada.ca<br />

click here to return to table of contents Canadian Property Valuation Volume 56 | book 1 | 2012 Évaluation Immobilière au Canada 33

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