Dearborn Series 7 CD Usage
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Ok my question is how fast can you go thru the dearborn CD reasonably.
I was told go thru all the chapter exams untill i hit 100 on each one.
Is 2 weeks realistic if i do it all day long for 2 weeks ? Whats the
time on that ?
I think 2 weeks may be pushing it for the 7 but it depends on your existing knowledge of the subject. I guess it’s possible but I wouldn’t do it.
Well moonlight if it depends on whether you would like to pass or fail the 7. Study for two weeks = fail, study for a month = pass. Now I know there maybe be some test wizards out there who said they did it in two days. BULLsh*t! Like Cend said, it really depends on your understanding of the material prior to cracking the books. When you do have a short amount of time, JUST DO PRACTICE EXAMS, and READ THE EXPLANATIONS over and over again. It does not matter how well you know this stuff with rote memorization, that will set you up for a fail, what matters is you understand the format of the NASD's questions and their little tricks to try collect another exam fee from you. Best of luck, if I were you I would push the test back a couple more weeks so you dont stress yourself out.
SalZ
[quote=moonlight]Ok my question is how fast can you go thru the dearborn CD reasonably. I was told go thru all the chapter exams untill i hit 100 on each one. Is 2 weeks realistic if i do it all day long for 2 weeks ? Whats the time on that ?
[/quote]
Two weeks for the chapter exams? Yes. That is reasonable to get 100s.
Two weeks for the practice exams? No. Two weeks is not reasonable. However, if you do just the practice exams (as I did) you could reasonably be prepared in around 4 weeks. I believe that the chapter exams are a waste of time. You get the same questions and a greater benefit from jumbling the questions in a similar fashion to the actual exam by taking the practice exams. The only subject specific exams that I would do are the margin and options exams. The chapter exams are a waste of time.
What about the Muni’s? generally about 80 questions on there about Municipal Bonds, that may be taken off there soon. Not yet though. The taxes issues can also get confusing so dont count them out, because even though it only seems to be about 12-20 questions on the exam IT IS STILL 12-20 questions on the exam so dont count em out. The acct stuff, well dont count it out but you really would be wasting your time to stress your self over it. Your going for an entry level RR exam not the CPA. Choose where you allocate your study time wisely, especially if you have only 2 weeks. MUNIS AND OPTIONS