For your Series 63 prep, you may not be given very much time. Many employers, especially those of investment bankers or research associates provide as little as a few days or a week to complete the exam.
In today’s post, we will outline how long it takes for the average student and how to expedite your studying.
Series 63 Prep…Study Time
For your Series 63 prep, we recommend that you get through the relatively small textbook as fast as possible. We do recommend that you read it and not skip it, but still, don’t stop to take notes, highlight much, or even do end of chapter questions. Practice questions will come later.
Furthermore, most of the time the textbook will have more content than the accompanying curriculum videos. The content is not overly complicated so most of the time the reading should be enough. In short, to get a comprehensive overview of the curriculum before you dive into questions.
If you can get through the text in a day or two, then move onto the practice questions. Practice questions from Kaplan tend to be most effective for this exam in our experience.
Allocating at least a few days for practice questions is very important. We recommend alternating between practice questions on subsections, and full practice exams.
Ultimately, you should use your practice exams as a guide as to wear you should focus specific subsection practice.
How Long Should This Take?
For students not under an extreme deadline of a few days or so, someone can comfortably get through most of the material and practice questions in 3 to 4 weeks.
In that case, we recommend reading the book in a few days or a week at the most, and leave yourself at least a few weeks for practice questions.
Scoring upwards of 80% or higher on your full practice exams is a good indication that you are ready to go. However, fret not, below these scores you can still pass, but you may go into the exam with a little less confidence and certainty.
In short, this is a very doable exam for most people. It mostly covers state securities law, certain definitions, and exemptions around those definitions. Many students find it easier than the SIE exam. If you need any help, and want a Series 63 tutor then feel free to reach out. Good luck!