Award-Winning SIE Courses & Classes in New York City, NY

Varsity Tutors can connect you with a New York City SIE course that can help you prepare for the SIE exam. If you are a prospective securities industry professional, you can benefit from the academic support in the prep course. Whether you studied business and finance in the City University of New York, Columbia University or any other institution in the area, preparation for the exam is important. By attending a New York City SIE class, you can gain a lot from the comprehensive coverage of the fundamentals of SIE.

What is the Securities Industry Essentials Exam?

The Securities Industry Essentials (SIE or Essentials) Exam is for people who want to work in the securities industry. The exam was launched in 2018 by the Financial Industry Regulatory Authority (FINRA). The test covers topics that are essential to working in the industry, including the structure of the securities industry markets, types of products and their associated risks, regulatory agencies and their functions, and prohibited practices. The exam consists of 75 multiple-choice questions and candidates are expected to complete it in 1 hour and 45 minutes. The passing score for the exam is 70 percent, and since it is an entry-level exam it is open to anyone who is aged 18 years and older.

Passing the exam is important. It can give you more marketability in the securities or finance industry, boost your career by showing that you have basic industry knowledge, and in the event that you opt to change your career, it can show that you are serious about your new career path. However, passing the SIE does not qualify a person for registration with a member firm of FINRA or to engage in the securities business. If you want to register and engage in the securities business, you also have to pass a qualification exam that focuses on the type of business you want to engage in. The SIE is a co-requisite for representative-level and licensing exams such as the Series 7, 22, 52, and 79 among others.

What are the benefits of enrolling in a New York City SIE course?

Preparing for the SIE with the guidance of a New York City SIE prep course can be better than doing so individually. The course can meet all your SIE exam preparation needs and provide you with access to valuable resources and training materials. Through the in-depth course, you can gain valuable knowledge on varied SIE topics related to the job of a securities professional. These include types of markets, packaged products, monetary vs. fiscal policy, business economic factors, equity securities, hedge funds, debt instruments, definition and identification of risk types, investment returns, registration and continuing education, and prohibited activities, to mention but a few.

Varsity Tutors realizes the need to structure New York City SIE courses with the best interests of students in mind. The New York City SIE class covers preparations on how to actually take the test. If you are worried about how to take the exam, the best ways to approach questions, and the time limit, a course can address your concerns. The class can help you familiarize yourself with the process through the use of practice tests. If you are concerned about the time limit, your SIE course instructor can incorporate time management strategies that may help you to learn to allocate enough time to every question and save time throughout the exam. The course also covers how to best use resources such as the four-function calculator or dry-erase pen or board that will be available to you during the exam. Learning how to use these tools during your sessions can make taking the test more efficient. By focusing on how to take the test, the course can leave you in a better position to apply your knowledge during the exam without having to worry about the technical aspects.

How can I enroll in a New York City SIE class?

If you want to jump-start your career in the securities industry, you should definitely consider taking the SIE exam. Preparing for the exam can be challenging, but the guidance offered by a course can help. The course can take your exam preparation to the next level because it focuses on important aspects that people should know before taking the SIE exam. It also focuses on the acquisition of skills that can be useful when taking the exam. Contact Varsity Tutors today if you want to sign up for an in-depth New York City SIE course that fits your schedule and meets your needs.