Having a Series 7?

what year are you?

The only thing about those licenses, is that when you leave that brokerage, you have to file paperwork to "park" your licenses. If you don't return to the same firm (or dont plan to) the next firm you work for has to pay to have those licenses transferred over.

And if you don't do anything in trading or IB/brokerage when you go to work permanently(wealth management depends on your function), they will not pay to have them transferred, 90% of the time...

I'm a junior, class of '08.

I am hoping to get into trading after graduation, so the firm would either pay for the test or pay to have it transferred so that's probably a wash I would assume?

Any idea if it would make me more marketable and if so how much?

series 7 is not a 'marketable' designation. it will not help you get a job.

It is marketable for trading...or PWM

I hear it is illegal to "park" your license when not employed. You have 2 yrs after you leave the original sponsoring firm before your licenses lapse.

I am in the same boat. I have 2 yrs of investment experience in private wealth management, and hold my series 7 and 66 licenses (combination of 63 and 65). It is the end of my first year MBA and really want to get into trading when I am done. I hear it is costly for a firm to sponsor you, so I was hoping my licenses would make me more "marketable" as a candidate. Any advice???

Haven't seen Boiler Room, huh?

no, it's not.