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
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.



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
opie:

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


My money is on Smith Barney.

Aug 26, 2006 1:14 pm
NASD Newbie:
opie:

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


My money is on Smith Barney.



What do you mean by that?

Aug 26, 2006 1:46 pm
Rugby:
NASD Newbie:
opie:

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


My money is on Smith Barney.



What do you mean by that?



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.