Is this possible // do firms actually do this? I have heard that people get cut from the analyst class for not passing the required FINRA exam given there is too many A1s. Thank you.
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Yes, I've seen it happen many times. These exams aren't very hard to be honest.
Of course bro. What did you think? You need it for regulatory reasons, it's not just for fun.
Yes but I've seen completely retarded people pass. If you study you will pass. Take it seriously but same time, thousands of finance people have done this before. I wouldn't stress too much
Yes - don’t be a moron. You worked so hard to get into IB put in the time and pass the test. 100% of people can pass as long as they put in the time. So if you fail, it directly reflects your lack of effort and commitment.
Yes - it’s not hard if you’re not a moron. You worked so hard to get into IB put in the time and pass the test. 100% of people can pass as long as they put in the time. So if you fail, it directly reflects your lack of effort and commitment.
Sometimes you get a second chance to retake it but regardless, if you fail it, you should get fired.
lol heard of an analyst (blonde Becky) who failed because “it was too hot in there” … she got to take it again and still works there … don’t tell me there’s no special treatment in this industry
You have up to 3x to take it in a 180 day window.
If you fail the 3rd time yes you get the boot.
A lot of people fail these exams the first time but if you study hard enough it’s impossible to fail.
Whatever you do, don't try and cheat the system. I once met a girl that worked at a BB and she got caught cheating. She snuck her phone in (tucked it into underwear), and pulled it out in the proctoring room.
Retarded on her part given there's literally cameras everywhere in those testing centers and its better to just fail and take it again. FINRA fined her $5K and suspended her from all FINRA-member firms for 18 months. She obviously got the boot as well.
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