UBS testing

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Aug 13, 2006 9:08 pm

I’m slated to go through some tests at a local UBS branch next week. I
understand it’s mostly percentages and ratios. The branch manager says
you cannot use a calculator. Anyone taken this thing recently? How hard
is it? 

Aug 13, 2006 10:23 pm

I found the UBS test to be the hardest of the wirehouses, because you could not use a calculator AND it was timed.  I've stated before that I think this is foolish, since you are provided a calculator for the Series 7, which is the primary reason this test is part of the application process.  ML doesn't allow a calc either, but their test is easier and time is unlimited.

Anyway, enough whining from me - I passed - and most of the test is not difficult.  Just be prepared to do math questions quickly - know how to calculate percent changes and read the questions carefully.  One piece of advice - leave yourself enough time to answer all the math questions before time runs out and kicks you off.

Aug 14, 2006 9:09 am

[quote=opie]

I found the UBS test to be the hardest of the wirehouses, because you could not use a calculator AND it was timed.  I've stated before that I think this is foolish, since you are provided a calculator for the Series 7, which is the primary reason this test is part of the application process.  ML doesn't allow a calc either, but their test is easier and time is unlimited.

Anyway, enough whining from me - I passed - and most of the test is not difficult.  Just be prepared to do math questions quickly - know how to calculate percent changes and read the questions carefully.  One piece of advice - leave yourself enough time to answer all the math questions before time runs out and kicks you off.

[/quote]

Have you decided where you were going to go?

Aug 14, 2006 11:21 am

Hope to decide very soon.  Trying to determine how much MER’s market cap should play into my decision.

Aug 14, 2006 11:27 am

[quote=opie]Hope to decide very soon.  Trying to determine how much MER's market cap should play into my decision.[/quote]

My money is on Smith Barney.

Aug 26, 2006 1:14 pm

[quote=NASD Newbie]

[quote=opie]Hope to decide very soon.  Trying to determine how much MER's market cap should play into my decision.[/quote]

My money is on Smith Barney.

[/quote]

What do you mean by that?

Aug 26, 2006 1:46 pm

[quote=Rugby][quote=NASD Newbie]

[quote=opie]Hope to decide very soon.  Trying to determine how much MER's market cap should play into my decision.[/quote]

My money is on Smith Barney.

[/quote]

What do you mean by that?

[/quote]

Smith Barney is playing a charity softball game this weekend in Central Park.

My money is on Smith Barney--not much but more than I'd like to lose if they don't pull it off.