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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