Going to take the plunge and study!

you definitely don't need a degree in finance (i was bio/chem in college and got a 91). get the review materials AND TAKE AS MANY PRACTICE TESTS AS YOU CAN! everyone at my company gave me this advice and it's true. take the tests and study the answer explanations, even on the questions you get right. if you can consistently get mid to upper 70's (is it still scored like that?), getting a 70 shouldn't be a problem.

don't waste your time reading all the materials, taking notes, making outlines, etc. i don't know anyone who has flunked that has done it the way i explained. good luck.

try and get passtrak, but your sponsoring firm probably has the materials of their choice for you.

 

Anything over 70 is a waste.

 

can you retake the test as much as you want?

 

iirc, you have to wait 30 days b/w tries, and starting w/ your fourth try you have to wait 6 months.

 

I believe there is the fee too. Ty, what's "iirc" stand for?



-DC

 

The secret to these tests is as previously mentioned, through repetition learn to memorize/recognize the answers. Study tests, courses and old exams are the best way to do this. Everything else won't really help. The best learning is experience anyway, which in most cases is vastly different from text books.

 

sorry, "if i recall correctly"

definitely, not cheap to take. most firms i know will give you 2, maybe 3 tries then will terminate you (unless it's not part of your job description but then most won't pay for you to take it, plus it's against regs - "parking licenses" is a no-no in NASD's eyes)