The proposals published by DE involve qualifications run by the Northern Ireland exams board, the Council for the Curriculum, Examinations and Assessment (CCEA).
A-levels and GCSEs would remain but AS-levels could be removed, making A-levels a two-year course without AS exams at the end of the first year.
In England, AS-levels were detached from A-levels in 2017 so AS-level results did not count towards A-level grades.
In Northern Ireland at present, students take AS-level exams halfway through their A-level course and they make up 40% of their overall A-level mark.
But that could be about to change under the new plans.
"Currently, many Northern Ireland students sit high-stakes exams annually from Year 11 to Year 14," the DE consultation states.
"This is a matter of concern and means valuable teaching and learning time is lost through frequent assessments."