Last week, I was in Munich for the yearly meeting of EQE tutors and the examination committees.
One of the issues explained was the compensation system, and in particular the possibility to retroactively pass individual examinations.
It is probably easiest to explain by examples.
(F): fail / (CF): compensable fail / (P): pass
For RE-SITTERS in 2010 and beyond
1)
If you have started with the modular system (1st A/B, then C/D) with an A/B sitting in 2007, 2008 or 2009, the old system may still be used for the C/D sitting in 2010, 2011 or 2012 respectively.
In EQE2009 gets A:80(P)/B:45(CF)
Compensable fail for B remains valid as a compensable fail under old modular system.
Candidate may resit B only (make use of new system) or A&B together (make use of old modular system) at one of the EQE’s 2010, 2011 or 2012.
However, resitting A or B would mean that the results for that paper from 2009 would be overwritten by the new score.
In EQE2010 gets C:70(P)/D:60(P)
Compensation is applied in 2011 under the old system, and passes B retroactively (and therefore whole EQE)
2)
If the old modular system no longer applies, then the current status has to be translated to the new system:
– Any passes from EQE1993 up to and including EQE2008 that are valid on 1/1/09 remain valid under the new system.
– Passes from EQE2009 remain valid under the new system
– Any fails or compensable fails from exams up to and including EQE2009 become FAILS under the new system.
So,
In EQE2009 gets A:80(P)/B:80(P)/C:10(F)/D:46(CF)
Compensation is applied in 2009, but C is a fail and so no compensation. EQE fail, and C fail.
Fail for C and compensable fail for D become FAILS in the new system.
Candidate must resit C and D.
In EQE2010 resits only C, and gets C:50 (P)
Compensation is applied in 2010, but not allowed to pass D retroactively
In EQE2011 resits only D, and gets D:46 (CF)
Compensation is applied in 2011, D passed under compensation rule, and whole EQE passed.
3)
In EQE2008 gets A:80(P)/B:80(P)/C:44(F)/D:45(CF)
Compensation is applied in 2008, but C is a fail and so no compensation. EQE fail, and C fail.
In EQE2009 gets C:45(CF)/D:45(CF)
As it is a re-sitter, no compensation available so cannot pass in 2009.
Compensable fails for C and D become FAILS in the new system.
Candidate must resit C and D.
In EQE2010 gets C:45(CF)/D:45(CF)
Under the new system, compensation is applied, and both C&D are passed, and therefore the whole EQE.
The system is very complicated, so always check with the Helpdesk about your personal situation:

Leave a Reply