Training - How long does it take?

training for what?

IB analyst?

the answers to the first 2 questions are bank specific

3)i'm sure they would 4) they're not, but you do need to study. the 63 in particular doesnt test concepts, just facts

?

Training was roughly 3 weeks, monday through friday. we had maybe 3 saturday excel sessions, but some people skipped. at my bank, series 7 is for associates, not analysts.

... is a little over 5 and a half weeks. It seems really long compared to other firms. I'm assuming they're giving us time to study for the Series 7 & 63?

After these seven to nine weeks, I get like a week or two off to study for the Series 7 and 63 and take the exams, so I am guessing the training could be considered around ten weeks in the end. Then rotations begin. Which last for quite some time.

Citi and JP Morgan both have 8 week training i believe

At my bank associates did 7 weeks of training and analysts did about 9. Series 7 is not difficult, it just covers a bunch of stuff that the vast majority of us will never, ever need to know. So it's a pain because it's a lot of memorization. Worth studying for, though, because while it's not hard, if you do mess up and fail it you'll look like a real dumb ass. Series 63 is a joke. I think I spent about 2-3 hours reading the study guide and taking 2 practice tests. Don't sweat it. And all of our analsyts and associates had to have both.

RoyKimGT1) How long is training each day for 1st year analysts? 2) Is it Mon - Fri or Sat & Sun included? 3) Do they cover Series 7 & Series 63 materials? 4) How hard is the Series 7 & Series 63?

1) 6 - 8 weeks 2) Mon - Fri 3) No 4) Hate to quote a movie as bad as Boiler Room, but if you study you'll pass. If you think that just because you had a 3.9 at HYP you'll pass w/o opening the book, be prepared to get a 40.

wait, do ibankers need to take series 7/63? i was under the impression those are only for s&t and ecm/dcm people. can anyone help clarify this misunderstanding? thanks