FCA Exams - Securities & Regulation | London
Hi Monkeys,
I will be joining a BB for FT role this summer and as part of the training we need to pass the FCA Exams (Securities & Regulation). They set aside 2 weeks for us to study (Mon-Thu) and take exams on Fridays. Are 2 weeks sufficient to pass the exams? How long did it take you to familiarize with the material?
I am not necessarily asking to ace the exams, more like pass with the least effort possible. Would prefer to spend time sightseeing London, instead of deepening my knowledge of the UK regulation.
Thank you for your help!
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You will be given fitchlearnings.
There are 5 mock exams for each. Takes around 2 hours per exam. Just do the mocks twice and you will be fine. I repeat. Only do the mock exams. Do them twice.
Total study time: 12 hours each exam. (24 total)
Was the Fitchlearning material enough or did you also supplement with CISI practice exam / express learning (doesn't seem to be a part of the Fitch package). And what were you scoring on the mocks? Sounds like you did them cold initially and then learnt the responses off by heart, so it sounds like a lot of these questions will come up again in the actual exam? thanks
Securities exams should be easy enough - if you don’t pass it, you just didn’t study enough (I got 49/50 - finished within 20mins). It’s easy if you spend time with materials.
Regulations is a different beast. Do not underestimate it.
To answer your question directly - yes, a week for each is enough. But don’t be stupid and not study. You will regret it if you’re the only one who doesn’t pass.
Yes I agree with the user above just do the mocks, almost identical questions…
End of chapter questions help too. Don’t waste time making notes. Just memorise the lists they give you
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A lot of ppl fail regulation first time (I did too) - just study well and you will be fine.
Make sure you do before hitting your desk
I spent a grand total of 4 days prepping intensely for each exam (~12 hours a day) from complete scratch ie reading the textbooks, doing mocks etc which managed to get me ~80% in the tests i believe 70% to pass? So should be doable
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