If you're ready to invest in formal Series 3 test prep, Varsity Tutors can refer you to a private Series 3 class to help you pursue your professional goals. The Series 3 - National Commodities Futures Exam is required to earn a license to sell and trade commodities in the United States. If you are ready to take your Series 3 prep to the next level, let us connect you with Series 3 tutoring today!
One of the most important aspects of Series 3 prep is developing a familiarity with the test's structure and content. The exam consists of 120 multiple-choice questions administered over a testing session lasting two-and-a-half hours. A four-function calculator and dry erase boards will be provided for your use, but you are not permitted to take any other materials into the testing lab with you. Since the exam is timed, you might want Series 3 tutors to show you how to efficiently use these tools to your advantage.
If you're curious about the topics you might review in a Series 3 course, the list below highlights some of the exam's core concepts:
Series 3 Topics (non-comprehensive)
- Futures and forward contracts
- The Structure of Futures Markets
- Hedging Theory
- Speculative Theory
- Futures terminology
- Options terminology
- Margin Requirements
- Option Premiums
- Offsetting Contracts, Settlements, Delivery
- Options Exercise, Assignment, Settlement
- Market/stop/stop-limit/etc. orders
- Technical and fundamental analysis
- Short and long hedging
- Spread trading
- P&L calculations for speculative trades
- Option Spread Strategies
- CFTC registrations/NFA membership
- FCM/IB Regulations
- Arbitration Procedures
- NFA Disciplinary Procedures
- CFTC Commodity Exchange Act Enforcement
Private Series 3 test prep affords you the luxury of spending as much time as you need on every topic. For example, a student who has a hard time with options terminology might incorporate flashcards into their Series 3 prep. Alternatively, you might want to review sample problems concerning long-term hedging during your Series 3 test preparation to get more comfortable with them heading into exam day. Regardless, large Series 3 classes are often unable to cater to an individual's needs the same way private Series 3 test prep courses can.
Similarly, Series 3 test prep may be adapted to your preferred learning style. If you are a hands-on learner, your instructor might incorporate real-world examples into your Series 3 prep to illustrate the most important concepts. Likewise, an auditory learner might want a Q&A discussion format to make it easier to retain information.
Working with a private instructor also ensures that any questions you have may be addressed immediately. In fact, some students find it easier to ask a private tutor for help than a classroom instructor responsible for a group of students. This can be important, as correcting any misunderstandings before they spiral out of control can be beneficial.
Varsity Tutors also tries to make Series 3 preparation as convenient for you as possible. Our proprietary Live Learning Platform utilizes powerful features such as a virtual whiteboard to facilitate digital study sessions, giving you the benefits of face-to-face instruction without the logistical nightmare of meeting up in person. Likewise, we try to match every student to a tutor who fits their scheduling needs for added convenience. We believe that nobody should stop living their life because they are preparing for a test and design our products accordingly.
If you would like to learn more about the benefits of one-on-one Series 3 test prep, reach out to Varsity Tutors today. Educational Directors are standing by to assist you in any way they can!
Chi-Sun: Series 3 test prep instructor
...not just learn how to apply formulas and do well on tests. Although they may get good grades, this will be useless later in life. In my teaching experience, when students actually learn the concepts and logic, not only does their math vastly improve, but they also learn to enjoy math, which is the ultimate goal. My qualifications include excelling at all high school math competitions including finishing second at the 1989 Colorado Math Olympiad....
Education & Certification
- Massachusetts Institute of Technology - Bachelor of Science, Computer Science
- Series 3
- Digital Media
- College Computer Science
- +112 subjects
Kevin: Series 3 test prep instructor
...topics. One of my goals for each tutoring session is to keep the student engaged and 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...
Gregory: Series 3 test prep instructor
...Wesleyan University and Financial Mathematics at The University of Chicago (Masters Degree.) I have 20 years experience using complex concepts in finance (stats, linear algebra, calculus) at JPMorgan and UBS. I teach stats, finance and programing in a user friendly way. I don't repeat the dry methods of text books. MATLAB is my main scripting language; I also use R and SPSS. I enjoy math and science, and I tutor my own children (7 and...
Tiffanie: Series 3 test prep instructor
...career. I love learning new things and am looking forward to sharing my appreciation of knowledge with students. I believe learning should be fun and interactive, and I hope to give students the skills and confidence they need for success! As far as my education goes, I graduated early from high school with three years in the International Baccalaureate (IB) program and AP credits. I went to the University of Denver for my undergrad where...
Hal: Series 3 test prep instructor
...education are key to individual growth and personal freedom in all aspects of life; that teachers can have a lasting impact on students and that each generation can build upon the knowledge and experience of the preceding one so that individuals can help society evolve into a more just and equitable place. I believe that the individual is the foundation of society and that personal growth and betterment is natural to each individual whether it...
Andrew: Series 3 test prep instructor
...Math minor. I also have a MBA from UNC's Kenan-Flagler Business School with a Finance Concentration. I recently completed my MS in Finance from Georgetown. I have worked for the Federal Reserve Board of Governors, investment banks, and a private equity firm; so, I have experience in the applied application of academic theory. I am adept at teaching economics and finance, as well as topics in math, statistics, business administration, and standardized testing including several...
Education & Certification
- UNC Chapel Hill - Bachelors, Economics & Psychology
- Georgetown University - Masters, Finance
- Series 3
- SAT Mathematics
- Series 63
- IB Business & Management
- +62 subjects
Jonathan: Series 3 test prep instructor
...a concentration in finance, I am well acquainted with many of the various subjects taught by varsity tutors. The courses I have taken in financial derivatives, business statistics and corporate financial analysis have given me a broad base knowledge, as well as a forum for exploration. My personal goal is to use the knowledge I have gained combined with my experience teaching others to be a great tutor and overall resource for students.
Education & Certification
- St Johns University-New York - Bachelor of Science, Finance
- St Johns University-New York - Masters in Business Administration, Finance
- Series 3
- Statistics Graduate Level
- Latin America History
- +75 subjects