Why pass rates are misleading and why HOCK does not publish pass rates
Let's start with the bottom line: HOCK does not advertise pass rates because there is no way to calculate pass rates in a straightforward, accurate, and clear manner.
Maybe you have you seen claims like these from other providers:
- "We have a 90%+ Pass Rate"
- "Our Pass Rate are Twice the Average"
- "100% Pass Guarantee"
Unfortunately, claims such as these don't mean anything because pass rates can be misleading just like any statistic. Every company that advertises a pass rate claims to be well above the average, but if that were true, then the exam pass rates would be a lot higher!
Pass rates are even more complicated when a student studies with multiple companies or takes an exam more than once. If a student starts with Company X materials, fails their first attempt, and then purchases Company Y materials and passes, what is the pass rate that Company X will claim? 0%, 50%, or 100%? What is the pass rate that Company X should claim? 0%, 50%, or 100%? This is only a simple example of how pass rates can be misleading.
There just is no straightforward, accurate, and clear way to calculate a meaningful pass rate.
HOCK's exclusive "You Pass Or We Pay" Guarantee
We tell exam candidates, "We guarantee that you will pass the exam if you guarantee that you will follow our study plan." HOCK is the only company in the CMA and CIA market that has a guarantee that pays for you to re-take the exam if you do not pass on your first attempt: the "You Pass Or We Pay" Guarantee. We have been offering this Guarantee since 2014, and we only pay for a few retakes every year. This tells us that if you follow the HOCK study plan, you will pass the exam.
We do not offer the "You Pass Or We Pay" Guarantee with the CPA materials because these exams have more complicated, variable-priced registrations, but all of our materials are comprehensive and will prepare you to pass the exams if you put in the time studying.
How to choose materials without relying on misleading pass rates
- Read what other candidates say about the materials, not only testimonials published by the company, but also what is said on social media. However, don't be misled by biased review sites.
- Read the sample materials offered by the company to see if they match your learning style. Are the materials clear, understandable, and well-organized? Are they updated regularly?
- Read the guarantees offered by the company. Do they offer guarantees that provide ongoing support and updates for as long as you need to pass the exams? Are their guarantees simple and easy to understand?
- Call or email the company and ask questions about their materials and support. When you are studying on your own, you need to know that they are behind you 100% and will be able to help you every step of the way.
- Who are the people that will help you during your studies? Are they full-time experts committed to helping you pass?
We look forward to showing you our CMA, CIA, and CPA materials and helping you achieve your certification not with misleading claims, but with the most comprehensive materials available. If you have any questions please do not hesitate to contact us – we are here to help!