STC Class Series 7

or Register to post new content in the forum

 

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Oct 30, 2008 3:57 pm

I am planning to take the STC Series 7 one week class and I am wondering how helpful the class is or was for anybody in the forum.  I also have my test scheduled for the Wednesday after my class is that too soon after the class?  I took the series 7 before and failed with a 58%, I am coming from another industry and never had any background in financial industry or in college, so I think 58% isn't that bad with no training. I have a hard time sitting down taking the test and reading the material all day I am wondering will the class be able to teach me the things I need to pass?

I think I know the answer but it doesn't help to get professionals advice!

Oct 30, 2008 4:10 pm

It doesn't help to get professional advice?

 
Are you one of my clients?
Oct 30, 2008 7:26 pm
TheLongHaul:

I am planning to take the STC Series 7 one week class and I am wondering how helpful the class is or was for anybody in the forum.  I also have my test scheduled for the Wednesday after my class is that too soon after the class?  I took the series 7 before and failed with a 58%, I am coming from another industry and never had any background in financial industry or in college, so I think 58% isn't that bad with no training. I have a hard time sitting down taking the test and reading the material all day I am wondering will the class be able to teach me the things I need to pass?

I think I know the answer but it doesn't help to get professionals advice!

 
I think you meant to say that it doesn't HURT to get advice.
 
Yes.  I took the class.  The class will help you to "legally cheat" on the Series 7.  You'll learn how to draw up charts and other information from memory to reference during your exam.
 
I thought it was well worth the investment to take the 5-day class.
 
I also reviewed very similar material using STC DVDs/videos.  (Find them on ebay.)
Oct 30, 2008 7:34 pm

Yeah, the STC dvds aren't bad, I had a friend loan them to me.  The charts on options are worthwhile, but I think you can find them all over the interweb

Oct 31, 2008 9:50 pm

I found the training program at my firm to be more than adequate to do very well on the 7.  If you are having a difficult time with the material, perhaps the crash course would be helpful.

Nov 13, 2008 10:04 am

I took the STC Series 7 and I passed with a 72%  I am now on to the 66!!

Nov 13, 2008 11:25 am

They 66 is much more difficult. If you made a 72 on the 7, plan to know the material in more detail.

Nov 14, 2008 9:33 pm

Is the STC class meant to cover everything alone, or just review before the test?

Nov 15, 2008 4:06 am

LongHaul,

I feel that the class should be a supplement to the book and the Q&As, especially if this is a new industry for you (like it is for me).  I agree, it's difficult to sit for hours reading and answering hundreds of practice questions, but there is a ton of information to learn. I did not take the class, but I did the self study for about five weeks and passed the exam.  If you don't feel that you are ready for it after the class, I recommend that you postpone it a couple of weeks until you are consistently hitting about 80% on the closed book Q&As.  I say 80% because the exam is harder than the Q&As.  If you fail it again, it's another thirty days you have to wait.  Then you still have the 66 and Bullinachinashop is right - the 66 is difficult and it should not be taken lightly.
 
On another note - if you decide to reschedule the exam, be sure to do so AT LEAST TWO BUSINESS DAYS BEFORE THE EXAM, otherwise you'll have to pay a hefty fee.  That happened to someone who was in the sponsorship period with me. 
 
Good luck!