It's possible to have an easier way to prep for the SIE when you enroll in a Chicago SIE course provided by Varsity Tutors. Prospective candidates need to pass the SIE or the Securities Industry Essentials test if they want to land entry-level positions with companies in the securities industry. Whether you're a student from the University of Chicago or Loyola University Chicago, this exam is a requirement you have to pass if you want to become a securities industry professional. With that in mind, it's important to choose a test prep course that can make your review experience more convenient so you can sustain your energy and motivation in studying for the exam. The SIE course provided by Varsity Tutors can be taken entirely online and can be the solution to your SIE test prep needs.
What are some of the topics a Chicago SIE prep course can cover?
Just like with any standardized test, it's a big plus if you have a clear idea of what types of questions are included in the test and how they are presented. In the SIE course, your instructor can give you a comprehensive review of the different parts of the SIE known as "Functions." There are four Functions that make up the exam and each has a corresponding weight on your total score. You need to answer a total of 75 multiple-choice questions and the passing score is 70 percent.
Function 1, Knowledge of Capital Markets, has 12 questions and makes up 16% of the exam. The questions cover topics like regulatory entities, offerings, and market structure and participants. Function 2, Understanding Products and Their Risk,s has 33 questions, which is equal to 44% of the test. The questions cover topics like municipal fund securities, exchange-traded funds, and MSRB rules. Function 3, Understanding Trading, Customer Accounts, and Prohibited Activities, has 23 questions and makes up 31% of the exam. The topics for the questions include NASD rules, market manipulation, compliance considerations, and anti-money laundering. Function 4, Overview of the Regulatory Framework, has 7 questions and makes up 9% of the test. Questions cover topics such as employee conduct, reportable events, and SEC rules.
Throughout the Chicago SIE class, you can also learn from your experienced SIE instructors some techniques on how to best answer the different sections of the SIE and how you can develop effective study habits for the test.
What are the advantages of enrolling in a Chicago SIE course?
Enrolling in the course offers several advantages over studying on your own. You can have a more organized review since the course follows a comprehensive curriculum and includes effective review materials. Your instructor can give a detailed discussion on the types of questions for each Function of the SIE and share points on how to avoid question traps throughout the exam.
If you are looking for convenience in your study, you'll appreciate that the Chicago SIE class is conducted online. There's no need to commute to a physical classroom or far away review center just to prepare for the SIE. All that's necessary is for you to have an internet connection and you can join in on the review. When you log into the virtual classroom, you will be able to study live with your instructor and with other students. This makes it possible for you to ask questions and learn new insights on topics based on the perspectives of your classmates and teacher. Studying with other students can also help you make sense of topics that may have been puzzling you for months on end.
Of course, if you do encounter topics or cases that you just can't seem to fully comprehend, you can request to meet your instructor outside of class in a one-on-one meeting. So, you can benefit from a convenient online class as well as from the personalized and customized attention you can get from your instructor.
How can I enroll in a Chicago SIE course?
Ready to experience the easier way to prep for the SIE? Call our educational consultants now and we can help you know more about what the course covers, what current class offerings we have, and how you can enroll in your preferred course time as soon as possible. If you want to build your career in the securities industry, it will all start with the SIE. Make sure your efforts in preparing for this life-changing exam don't go to waste! Enroll in a Chicago SIE course provided by Varsity Tutors and start on the right path towards conquering your SIE test!
John: Chicago SIE course instructor
My name is John Walker. I am a seasoned veteran in the financial and insurance industries. I look forward to putting my personal experience, education, and training to work for you. I hope to work with up-and-coming professionals to ensure you meet and exceed your goals!
Education & Certification
- Florida State College at Jacksonville - Bachelor of Science, Business Administration and Management
- Series 7 - General Securities Representative Exam (Stockbroker)
- Series 9
- +10 subjects
Kevin: Chicago SIE course instructor
...challenged yet not overwhelmed. I use a number of teaching methods, including practice questions and topical computer related tools. I often ask for feedback and appreciate candid communication. I try to be flexible with my time. To ensure that we have a quiet and comfortable study space, I work with the student to help select mutually convenient locations. In my spare time, I enjoy biking, hiking, swimming, tennis, reading, movies, traveling, spending time with my...
Greg: Chicago SIE course instructor
Financial professional with a background in brokerage, trading and mutual funds. I have actually passed the Series 7 and 63 twice. So I can help with subject matter knowledge, exam preparation and understanding test questions.
Education & Certification
- University of Kentucky - Bachelor in Business Administration, Finance
- Series 7
- Professional Certifications
- +2 subjects
Jim: Chicago SIE course instructor
...the securities industry for over 20 years and have a good understanding of many different areas. I will do my best to help the student by simplifying the material and using everyday tasks as examples. Exams I have taken (and passed on the first try): Series 7 (General Securities), Series 24 (General Securities Principal), Series 4 (Registered Options Principal), Series 27 (Financial and Operations Principal), Series 53 (Municipal Securities Principal), Series 66 (Investment Advisor Representative)...
Education & Certification
- Pennsylvania State University-Main Campus - Bachelor of Science, Finance
- Audio Engineering
- Series 4
- Test Prep
- +16 subjects