2019 Oral Board of Examination Results

General

Forty candidates participated in the 2019 Oral Board of Examination, up from 33 candidates in 2018. For 34 of the candidates, it was their first appearance, while 6 were returning candidates.

Results

The Oral Board recommended that a trustee licence be issued to 28 out of the 40 candidates, representing a 70% success rate for the 2019 Oral Board of Examination.

Most candidates were well prepared and demonstrated all of the competencies being assessed, i.e., Effective Judgement and Strategic Thinking, Business Ethics and Professional Skills, and Ability to Communicate Orally.

Of the candidates for whom a trustee licence was not recommended:

  • 3 did not successfully demonstrate any of the 3 competencies;
  • 6 did not successfully demonstrate 2 of the 3 competencies;
  • 8 did not successfully demonstrate Effective Judgment and Strategic Thinking;
  • 6 did not successfully demonstrate Business Ethics and Professional Skills;
  • 4 did not successfully demonstrate the Ability to Communicate Orally.

Of the 6 returning candidates who had previously challenged the Oral Board of Examination, 3 (50%) received a positive recommendation this year.

Observations

Over the past five years (from 2015 – 2019), 196 candidates have challenged the Oral Board of Examination. Of these 196 candidates, 149 were granted a trustee licence—representing a 76% success rate.

26% of candidates have challenged the Oral Board of Examination on more than one occasion. Of these candidates, 68% were recommended a trustee licence on a subsequent attempt.

The charts below provide information on the success rate of candidates over the past five years based on age, highest level of education and work experience in insolvency.

Age

Success rates are similar across all age groups.

Figure 1: Success rate of Oral Board candidates by age

Success Rate of Oral Board Candidates by Age
Description of Figure 1

This bar graph presents the success rate of Oral Board of Examination candidates for the years 2015 to 2019 by age.

The success rate of candidates less than 30 years of age is 82%.

The success rate of candidates 30 to 39 years of age is 77%.

The success rate of candidates over 40 years of age is 71%.

Education

Candidates’ success rate at the Oral Board of Examination increases with the level of education.

Figure 2: Success rate of Oral Board candidates by education level

Success Rate of Oral Board Candidates by Education
Description of Figure 2

This bar graph presents the success rate of Oral Board of Examination candidates for the years 2015 to 2019 by highest level of education.

The success rate of candidates with high school education is 55%.

The success rate of candidates with a diploma is 62%.

The success rate of candidates with a bachelor’s degree is 79%.

The success rate of candidates with a master’s degree is 84%.

Experience in Insolvency

Success rates are similar across all 3 categories of experience in insolvency.

Figure 3: Success rate of Oral Board candidates by work experience

Success Rate of Oral Board Candidates by Work Experience
Description of Figure 3

This bar graph presents the success rate of Oral Board of Examination candidates for the years 2015 to 2019 by years of work experience.

The success rate of candidates with more than 10 years of work experience is 67%.

The success rate of candidates with 5 to 9 years of work experience is 78%.

The success rate of candidates with less than 5 years of work experience is 79%.

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