Why aren all of the exams given twice a year?
Except for academic consultants and a proofreader, the CAS Examination Committee is made up of volunteers. More than 10% of the CAS Fellows currently are serving on the Examination Committee. It takes hundreds of hours to create and grade an examination. The CAS would not have the resources to create full examinations twice a year. Another important reason is that the CAS publishes its past examinations thereby preventing good questions from being used again on the next examination. Thus, each examination must be created “from scratch.
Except for academic consultants and a proofreader, the CAS Examination Committee is made up of volunteers. More than 10% of the CAS Fellows currently are serving on the Examination Committee. It takes hundreds of hours to create and grade an examination. The CAS would not have the resources to create full examinations twice a year. Another important reason is that the CAS publishes its past examinations thereby preventing good questions from being used again on the next examination.