However, as the school based subjects have broadened out from traditional liberal arts conceptualizations to include more serious discussion of alternative conceptualizations (CompSci being one example), the IQ test may be decreasing in efficacy of prediction even with regards to academic tests. I have no evidence for this, just an opinion. The issue you ran into seems to be a result of these differing conceptualization paradigms.
At the end of the day, it's an assessment of performance in a very limited subfield of life. I try not to take it too seriously.