2017 Oral Board of Examination Results

General

Forty-one candidates participated in the 2017 Oral Board process, an increase from 30 candidates in 2016. For 34 of the candidates, it was their first appearance before the Oral Board, while 7 were returning candidates.

Results

Thirty-four licences were recommended by the board members, representing 83 % of candidates. In seven instances, a licence was not recommended by the board.

Most candidates were well prepared and demonstrated all of the competencies being assessed.

Among the candidates for whom no licence was recommended:

  • 3 exhibited weakness across all competencies;
  • 4 exhibited weakness primarily on judgment-based questions.

Of the 7 candidates who had previously attended the Oral Board, 4 (57 %) received a positive recommendation this year.

Observations

The Office of the Superintendent of Bankruptcy introduced its current competency-based Oral Board process in 2013, with 278 candidates having participated since that time. 30% of candidates have appeared before the Oral Board on more than one occasion. Of these candidates, 73% were recommended for licensing on a subsequent attempt.

The charts below provide information on the success rate of candidates since 2013 based on age, level of education and work experience.

Age

Success rates are very 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 candidates for the years 2013 to 2017 by age.

The success rate of candidates over 40 years of age is 70%.

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

The success rate of candidates less than 30 years of age is 71%.

Education

Success rate of participants in the Oral Board process increases with candidate’s 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 candidates for the years 2013 to 2017 by highest level of education attained.

The success rate of candidates with a master’s degree is 91%

The success rate of candidates with a bachelor’s degree is 75%.

The success rate of candidates with a diploma is 63%.

The success rate of candidates with high school education is 61%.

Work Experience

Candidates with five to nine years of insolvency work experience have the greatest success in the Oral Board process.

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 candidates for the years 2013 to 2017 by years of work experience.

The success rate of candidates with more than 10 years of work experience is 62%.

The success rate of candidates with 5 to 9 years of work experience is 82%.

The success rate of candidates with less than 5 years of work experience is 70%.

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