Advise needed!
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Dear fellow memebers,
I have recently graduated from a University and working as a Loss Mitigation Analyst at Bank of America. I would like to gain some insight into the securities market. I am a graduate with a Financial Analysis background and have several questions in regards to getting into the securites industry. Presently I am looking for being sponsored for the Series 7 examination. meanwhile I was wondering.... What exam must i take to better reflect on my resume Series 65 or Series 66 and why? I heard Series 66 can be taken before Series 7... is that a good idea? What websites can i goto to get further details on the series 65 exam? I have registered with FINRA. how long should i prepare for the Series 65/66 exam? Kindly keep me posted. Looking forward to hear from you Regards SachinDear fellow members,
I have recently graduated from a University and working as a Loss Mitigation Analyst at Bank of America. I would like to gain some insight into the securities market. I am a graduate with a Financial Analysis background and have several questions in regards to getting into the securities industry. Presently I am looking for being sponsored for the Series 7 examination. meanwhile I was wondering.... What exam must i take to better reflect on my resume Series 65 or Series 66 and why? I heard Series 66 can be taken before Series 7... is that a good idea? What websites can i goto to get further details on the series 65 exam? I have registered with FINRA. how long should i prepare for the Series 65/66 exam? Kindly keep me posted. Looking forward to hear from you RegardsSachin
P.S. Your advise is duly taken.. Kindly respond promptly
[quote=sachin30us]Dear fellow members,
I have recently graduated from a University and working as a Loss Mitigation Analyst at Bank of America. I would like to gain some insight into the securities market. I am a graduate with a Financial Analysis background and have several questions in regards to getting into the securities industry. Presently I am looking for being sponsored for the Series 7 examination. meanwhile I was wondering.... What exam must i take to better reflect on my resume Series 65 or Series 66 and why? I heard Series 66 can be taken before Series 7... is that a good idea? What websites can i goto to get further details on the series 65 exam? I have registered with FINRA. how long should i prepare for the Series 65/66 exam? Kindly keep me posted. Looking forward to hear from you RegardsSachin
P.S. Your advise is duly taken.. Kindly respond promptly
[/quote] That's a first, you're obviously new.
It's better to take the 66 since it is a combined 63 and 65. Some states do require both if I remember correctly. I studied for the 66 in 5 days, my advice is to answer as many practice questions as possible. It helped me get a good feel for how the test was going to be.
You are already working at BAC. Have them to sponsor you for the 7. The 66 is the 63+65, any of which you can take w/out a sponsor.
You work in the loss mitigation department for a large bank? You are the numbers cruncher who who tells the bank to to take the house and put the homeowner on the street.
This is the wrong business for you. No doubt you have your eye on the fabulous income generated by many in this profession. Unfortunately for you, that income is generated by caring for people. If you care about them they come to trust you and through that they give you their assets to manage. Anyone who is part of a process that boots people from their homes obviously doesn't have the compasion to become a financial advisor. Now, that said, i realize that you didn't say you wanted to become a financial advisor. I wanted to make clear, if it's already not clear to you, that you're not qualified. If you are looking for a career change I'd suggest GMAC asset recovery. If you're particularly heartless they may even let you drive the tow truck.Oh, and one other thing, your topic should be titled Advice needed , not Advise needed.
As a numbers cruncher i hope your math is better than your english!