2006-09-04 05:52:50 · 2 answers · asked by Frida C 1 in Business & Finance ➔ Investing
I passed both on my first attempt, but I was well-trained by AG Edwards & Sons, Inc. Most will not pass on their first attempt, but AG Edwards had over 80% of its folks pass the first time. I took those tests a dozen years ago, so I'm sure it's still difficult and very broad. Just do the best you can... and you'll do your best for yourself and your clients by trying to know as much as you can about EVERY type of investment product out there. By the way, when I took the test, it was heavy on Options. Lots of Math, too. Be able to calculate the profit of bonds whether they were bought at par, above par, or below par.
2006-09-04 07:47:11 · answer #1 · answered by Mike S 7 · 0⤊ 0⤋
The exams aren't all too difficult IF you study. There is quite a bit of material, so don't expect to be able cram and pass.
The study guides are pretty good, and I'd highly recommend using them....especially the practice exams. I did NOT pay to attend a live cram course and still managed to pass on my first try.
I seem to remember a large amount of questions relating to MSRB (muni bonds) and options.
2006-09-04 13:16:31 · answer #2 · answered by derek 4 · 0⤊ 0⤋