UberPilot, my friend followed the modular course of CTC, however he did the AQC, and he is 8th. He has been there for almost a year, therefore if you believe that in 2014 he will hopefully land a job, then that makes him almost two years in the holding pool before he could find a job. Apart from that, a modular student still has his or hers own chances of getting a job, even after you finish you just can't apply and wait, most of them fly to get hours, and watch closely how the industry changes, integrated students just wait for the holding pool manager to get in touch with them with a job offer, modular students need to make their own research and stay updated.