SIE/Series 7 Exams?
My sophomore summer internship was canceled, and I can't afford summer classes. I've already signed for a SA 2021 offer, so IB recruitment prep would be minimally helpful. I'm thinking about preparing for SIE and just have one less thing to worry about in the future.
Any advice about whether I should wait until post-2021 summer stint (would my experience be more relevant in preparing)? Good books? Looking in the $50 range.
Sorry if this question is out of touch - I'm relatively new to the IB/finance world.
knopman marks does a good job preparing you. I took the exam last year (no idea why my title says 2nd year, still a first) and it was easy due to their prep. they are crazy expensive, and I advise you to just check ebay or something for the book second hand. I’d honestly ship you mine if I still had it but I gave it to a student at the college I went to.
thanks for the rec. that is super expensive but I'll see if i can find any second hand!
how did the actual test compare to their q bank? taking it in a few days.
I took it last year when it first came out..very easy compared to 63/old 79. No roman numeral questions (like A) I and II, etc) and VERY little math. There were a few questions that actually made no sense and questions as easy as asking what a Keogh or Euro were. Kind of all over the place. There were some random treasury yield questions and still hit hard on fairness opinions. Not that many exhibits (1-2) or that much math (4-5 questions -- no LIFO/FIFO, WACC, CAPM), M&A scenarios, and lots of Reg M and Reg D. Goodwill also appeared three times?I passed the Benchmark exam for the SIE on Knopman, but never actually passed any other test I took. Definitely wouldn't stress over options/yields as much as I did.
PM me. Happy to send you some resources
I used the Kaplan book for SIE. Studied for two weeks. The questions on the exam were worded a little differently, but if you know the material, you’ll pass.
Hey Anon, wanted to throw our hat into the ring here. My company https://app.achievable.me/study/finra-sie/overview?utm_source=wso</a">Achievable has a FINRA SIE course and will launch our Series 7 course in July. We have hundreds of 5 star reviews and people love how easy it is to use. It's free to try, so you can check it out and see if you like it before committing. Best of luck.
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