Hey all,
Does anyone have any info on the new FINRA SIE exam? Now that I've been a junior trader for some time, my firm is preparing to give me my own seat on the desk and have my own junior within the next couple months. Being so, I need to take a few licensing exams.
The SIE exam is now a pre-req for all series exams, consisting of 75 questions. Anyone have any advice on studying? Is this exam hard? Though I'm not necessarily worried about passing, I'm taking level I of CFA in December, so I'm hoping my firm is fine with me taking it after I take level I.
SIE Exam Test Prep Right here: https://www.wallstreetoasis.com/finra-sie-exam-prep-course
I took it on Friday and passed.
I also sat for the CFA Level 1 in December and felt as if studying for CFA L1 drastically reduced the time required to study for the SIE. The SIE was very top-level and nothing too tricky.
I just read the Kaplan SIE book and then did about 10 practice exams over a 2-week period. Highly recommend taking the practice exam offered on the FINRA website. I think I probably studied too much for the SIE, but it’s always better to be safe than sorry!
I'd recommend not using the STC training course. The book is worth while but the study materials lack description. I used the flash cards to study for the practice exams, while the practice exams are worth your time, I did notice some cards asked the same questions listed different answers. Additionally, the cards lacked description if you didn't understand a concept fully... You have to go digging back through the book quite frequently which adds a lot of time. Just my take. I've heard good things about Kaplan from friends also taking the test. TAKE AS MANY PRACTICE EXAMS AS POSSIBLE.