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 FIRST TIME SITTERS in 2010 and beyond
1)
In EQE2010 gets A:80(P)/B:80(P)/C:10(F)/D:46(CF)
This was FIRST time sitting any of the papers
Compensation is applied in 2010, but C is a fail and so no compensation. EQE fail, and C fail.
Compensable fail for D remains valid as a compensable fail.
Candidate may resit C and/or D.
However, resitting D would mean that the results from 2010 for D would be overwritten by the new score.
In EQE2011 resits only C, and gets C:50 (P)
Compensation is applied in 2011, and passes D retroactively (and therefore whole EQE)
2)
In EQE2010 gets A:80(P)/B:45(CF)
Compensable fail for B remains valid as a compensable fail.
Candidate may resit B at a future EQE.
However, resitting B would mean that the results from 2010 for B would be overwritten by the new score.
In EQE2011 gets C:70(P)/D:60(P)
Compensation is applied in 2011, and passes B retroactively (and therefore whole EQE)
3)
In EQE2010 gets A:45(CF)
Compensable fail for A remains valid as a compensable fail.
Candidate may resit A at a future EQE.
However, resitting A would mean that the results from 2010 for A would be overwritten by the new score.
In EQE2011 gets B:45(CF)
Compensable fail for B remains valid as a compensable fail.
Candidate may resit B at a future EQE.
However, resitting B would mean that the results from 2011 for B would be overwritten by the new score.
In EQE2012 gets C:60(P)
In EQE2013 gets D:60(P)
Compensation is applied in 2013, and passes A&B retroactively (and therefore whole EQE)
The system is very complicated, so always check with the Helpdesk about your personal situation.

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