The interview portion of the guide is meant to give you some insight into the test experiences of others. You will notice that most of the interview participants had widely different study methods and approaches, which was reflected in their scores.

From the interviews it is clear that each candidate's aptitude toward the securities markets and their study habits had a direct correlation to their exam performance. Not surprisingly, those who were more investment focused in college seemed to fare better on the exam. What's more, those simply obtaining their Series 63 as a business requirement (and weren't passionate about the financial markets) seemed to have more trouble with the exam.

In short, if you are passionate about the markets, and/or have already studied for an exam like the Series 6 or 7, you will most likely have a better chance of passing, with less study time. However, this does not give you a green light to neglect studying the material at hand. You must still put in the time. If you are not receiving 85 or better on all of your practice exams, you will probably fail!
 

Exam Tips and Tricks
The best advice (mentioned the second time in the study guide) is to take all the practice exams at least TWICE. If you are not acing the practice exams, you may not have a firm grasp on the material.  



Dave

Related Articles
  1. Personal Finance

    Prepare For Your CFA Exams

    Find out how to get yourself ready for these lengthy and often daunting exams.
  2. Personal Finance

    How to Ace the CFA Level I Exam

    Prepare to ace the CFA Level 1 exam by studying systematically.
  3. Financial Advisor

    Pass Your CFA Exams on the First Try

    Become one of the elite who pass these exams by using these simple study methods.
  4. Financial Advisor

    How Hard are the CFA Exams?

    Learn about the difficulty of the CFA exams with a description of the tests, some statistics on pass rates and suggestions that can help you pass the exams.
  5. Personal Finance

    What To Do If You Failed Your CFA Exam

    Follow these steps to increase your odds of passing your next CFA exam.
  6. Financial Advisor

    Introduction To The Series 65 Exam

    The Series 65 is required in many states in order to be a fee-based advisor. Find out what it is and whether you need it.
  7. Personal Finance

    CFA Vs. Series 7: Which is Easier

    Find out which is exam is easier: The Chartered Financial Analyst (CFA) exam, or the Series 7 securities exam for registered representatives.
  8. Financial Advisor

    Series 6 Exam Prep: What Is A Security?

    Before you take the series 6, you need to understand what a security is as defined by the exam.
  9. Financial Advisor

    Tips on Passing the CFA Level I on Your First Attempt

    Obtain valuable tips and helpful study instructions that can help you pass the Level 1 Chartered Financial Analyst exam on your first attempt.
  10. Financial Advisor

    What is the Series 66?

    The Series 66 exam is one of two tests required to register as both a securities agent and an investment advisor.
Frequently Asked Questions
  1. Depreciation Can Shield Taxes, Bolster Cash Flow

    Depreciation can be used as a tax-deductible expense to reduce tax costs, bolstering cash flow
  2. What schools did Warren Buffett attend on his way to getting his science and economics degrees?

    Learn how Warren Buffett became so successful through his attendance at multiple prestigious schools and his real-world experiences.
  3. How many attempts at each CFA exam is a candidate permitted?

    The CFA Institute allows an individual an unlimited amount of attempts at each examination.Although you can attempt the examination ...
  4. What's the average salary of a market research analyst?

    Learn about average stock market analyst salaries in the U.S. and different factors that affect salaries and overall levels ...
Trading Center