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ML New Hire Trainee Testing

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Aug 12, 2009 3:14 pm

I’m about to take the Merrill Lynch new hire test for trainees and I am hoping that some might be able to shed some light on what to expect and what to brush up on to pass with flying colors. I know ML isn’t loved too much around here, however any help you can provide would be greatly appreciated.

Aug 12, 2009 3:20 pm

Don’t worry about it too much.  Its basically a test to see the likelyhood of you passing your licensing exams.  Brush up on basic econ and math and you’ll be fine.  If you get better than 50% on the test you’ll be fine. 

Aug 12, 2009 5:06 pm

Your ML test should be pretty simple.  The ML test will cover personality and mental aptitude.  You can’t really study for it.  It determines if you have the personality for a registered rep.  They want someone outgoing and sociable.  When the question asks if you sit in the corner at a party or like to go meet people, say you like to go meet people.  Then if you get hired, you’ll have to take the Series 7 exam.  If you need a tutor, visit some place like series7tutor.com.  If you end up passing the exam, you will probably also have to take the Series 63 and of course the insurance exams.  From there, it’s all up to you!  Don’t worry too much about the ML test, I’m sure you’ll do fine.  Good luck on the testing and exams…

Aug 12, 2009 5:36 pm

Thanks for the vote of confidence… I’m not too worried, just wondering what to expect.

Aug 14, 2009 5:41 am

downside is… if you pass, you have to work at Bank of America