Yep these exams have never been discussed on these boards.

There is also no search function so you cannot check for prior posts on this topic, thus avoiding the same questions being repeated over and over again.

Thanks for dropping by. 

[quote=Ambitious23]

Hey Guys,

First, I enjoy reading all the posts and becoming educated on the various firms to apply for.

Recently, I've applied with ML and they have asked for me to come in to take several exams. I believe a personality and math test.

Has anyone had any prior experience with these exams, and if so, can you please provide any information as far as the math portion covered on the test.

Thank you.

Michael

[/quote]

Do not fear with regard to these exams.

What they are going to test you on is 9th grade math at most. Can you calculate a percentage of something else? Do you understand what two negative numbers multiplied by each other equal?

In terms of the personality test - I would expect that the most recent one is looking more for team players, but still with a strong individualist bent. The old brokerage firm personality tests looked for the kind of people that most organizations are trying to weed OUT  - strong individualists who don't play well in groups. I remember when I was interviewing at all of the firms in 2000, all of the tests had copyrights from the mid to late 1970s..

Also, by the time that you've passed these tests, the sales manager pretty much knows whether he wants you...

San Fran Broker,

Thanks for the help, I really appreciate it.

Michael

It's a little bit more than 9th grade math, but again still very straight forward and simple if you do in fact understand percentages as san fran broker stated. You should definately know how to calculate percent changes, not just how to find percentages. Don't sweat it, I took one for MS a few weeks ago and blew it away.

[quote=Ambitious23]Recently, I've applied with ML and they have asked for me to come in to take several exams. I believe a personality and math test.[/quote]

A month or so ago I was exactly where you are.  I started a bunch of threads on this topic.  Do a search for POA and you'll get the same great insight that I did.  Don't worry much about the initial tests.  They are really nothing.  It's being successful on the job that is the real challange.  I'm revisiting my business plan for the third time and I have not yet even accepted the position.  My understanding is that if you expect to be successful in this type of positoin you must ask youself how you are going to get in front as as many people as possible.  Part of it is luck and you are much lunkier if you are able to get up to bat more times than the usual person.

Good Luck!

WM

Make sure you can do those calculations WITHOUT using a calculator.  I was not allowed to use one.

Wlooney, Wealthmanager, and Scorpio,

I really appreciate all the feedback on the topic. I'll post a reply after the exam and let you know how it went.

Thanks again.

Michael