Rank the difficulty of the entry testing

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Dec 29, 2006 12:29 pm

I have taken the entry tests at both Merrill & UBS but will be taking the Morgan Stanley sometime next week. I passed both Merrill and UBS but would like some input on the others e.g. SB & MS. Thanks.

Dec 29, 2006 2:29 pm
12345:

I have taken the entry tests at both Merrill & UBS but will be taking the Morgan Stanley sometime next week. I passed both Merrill and UBS but would like some input on the others e.g. SB & MS. Thanks.



That's a great question....now you just have to find someone who has taken all 4 tests........

Dec 29, 2006 2:31 pm

Good point!!!!!

Dec 29, 2006 2:43 pm

All of the Wirehouse tests have similar difficulty.  It's almost unheard of for a candidate to pass one firm's exam and then fail another.

But I'd like to reiterate that passing the math and sales aptitude tests are tiny obstacles compared to successfully launching a new practice.  If you're worried about the test, then you're worried about the wrong stuff.

Dec 29, 2006 3:58 pm

I appeciate your reply, I wouldn't say I am worried but I don't think there is anything wrong with being prepared. I can sell and from what I have read this is first and foremost a sales job for intelligent people. Thanks again for your reply, it is greatly appreciated. Happy New Year.

Dec 29, 2006 7:22 pm

Those tests mean SPIT!!!!!


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I failed, ML, MS, SB, AGE, math tests and yet I am at one of the four. 



When the test is timed and you have no calculator they can be difficult.



Personally SB’s test seemed easiest to me.  But don’t take my word for it..     

Dec 29, 2006 7:27 pm

I have taken the UBS, ML, and SB tests. The ranking is 1)UBS 2)SB 3)ML with UBS being the hardest and ML the easiest. ML was the easiest because there is no time limit and "non of the above" is not an option so you know the answer is on the page. UBS was the hardest because you were timed and couldn't use a calculator. SB was timed but you could use a calculator. I did well on all the tests but something that helped me with the UBS test was that I had taken the SB test the day before and they were both the same tests word for word. I had no idea that was going to happen but I was able to remember a few answers from the day before where I used the calculator. There were alot of questions that the answer was "non of the above" on the SB and UBS test. Dont try to finish all the questions if time runs out, guessing will hurt your score.

Dec 31, 2006 10:16 pm

Definately thought UBS was a lot harder then ML . . .

Jan 1, 2007 1:19 pm

I failed the ML test back in '90. Today I'm a successful advisor. Alot they know!

Jan 3, 2007 9:09 pm

On the merrill exam: I have read that for math I need to know fractions and decimals. I did not get a good understanding for the economic portion, however. Any insight?

Jan 3, 2007 10:52 pm

I was expecting to read something about Jones' test of fogging a mirror...since it is the only test before the 7.

Jan 3, 2007 10:55 pm
Incredible Hulk:

I was expecting to read

something about Jones' test of fogging a mirror...since it is the only test

before the 7.





The topic under discussion is a comparison of first tier firms. Yours doesn't

qualify.



Sorry.

Jan 3, 2007 11:02 pm

touche

Jan 3, 2007 11:03 pm

The point of these exams is to gauge how you will do on the real thing-7.  They are a measure of reasoning and analytical thinking skills.  If you do a deep search put trader gave us all a good synopsis of these exams about two and ½ years ago…. 


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However if you do not do well you can still get in.  Going this rout is very hard, tedious, and a time consuming task.



Just try to do your best and I am sure you will do fine.  If not, you may have to go the rout I went and I would not wish that upon anyone. ..    

Jan 3, 2007 11:05 pm

routE