I recently accepted an offer from a relatively young boutique AM firm a couple months ago, but today they told me I need to mail in a ck for 1,000$ to cover the costs of Series 7, Series 66 and Series 6 exams and that it will be reimbursed after the three-month probationary period. Is it conventional for a firm to ask this of you? Am i being scammed?
| +176 | Ideal College/Recruiting Timeline | 38 | 11h | |
| +62 | Lied on CV? | 52 | 12h | |
| +26 | Amazing offer but I’m drowning in debt | 13 | 14h | |
| Got fired after 1.5 years as an Analyst, want to stay in Banking but I am confused | 7 | 17h | ||
| +25 | Is there a point to networking if you have (nepo)? | 6 | 11h | |
| +23 | Are Single Managers Just Not Hiring? | 10 | 2d | |
| +19 | NYC Consumer PE/Growth Funds with decent comp but amazing WLB? | 6 | 5d | |
| +19 | Trying to break into IB | 7 | 4d | |
| +18 | Laid off, what next? | 8 | 2d | |
| +18 | Job Switch Advice | 4 | 3d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Smells like shit. Most companies pay for you to take it.
He said they would pay it back, it seems like they want to make sure you don't take the tests and then bolt to another firm.
Really odd. Tell them to dock it off your salary instead thats all. Seems like what most companies would do
Not common at all.
never heard of this, i recommend what balooshi says above. also, just say your a broke college student and dont have the 1k when HR says shit.
DANGER!
DONT!
a
Get it in writing and you can sue their pants off if they renege!
Doloribus suscipit facere facilis suscipit mollitia et eos. Hic voluptate quo tempore iste occaecati vel.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...