Do the terms ad valorem, zero-minus tick, and disintermediation give you a headache? Do you need to take the Series 7 exam? If you can answer yes to both of these questions, then you ve come to the right place.Robert Walker, a professional trainer who specializes in the NASD/NASAA Series 63, 65/66, 6, and 7 exams, has written this book for those who are about to brave the Series 7 examination. Armed with an M.F.A. in writing and a B.A. in English, Walker has managed to translate Securities-ese into plain English, with a liberal dash of humor.This must-have book guides you through the intricacies of the Series 7 exam. Walker takes the exam apart piece by piece, and explains terms and concepts with a sense of humor and ease not found in other exam guides. He shows you, step-by-step, how not to be misled by the questions. In addition to practice questions liberally sprinkled throughout its lessons, Pass the 7 includes study sheets summarizing the lessons, a section devoted to test-taking strategy, and a comprehensive glossary and index.Once you ve finished this book, you will be able to take the test with confidence!Companion audio training CDs available online.
So far, so cute. Reminds me of the catechism textbooks we used at parochial school when I was a kid, full of stories that illustrate points that are later reviewed simply and in an overly-friendly tone. It's helping me get a nice, comfortable feel for securities concepts; it's accessible; the pace is quick. Still, I'd like a bit more hard, dry, academic bits to help me nail down the particulars - I guess I'll need to get a proper (ungodly expensive!) textbook through my employer after all. :P
I'm not actually taking the Series 7 exam. I have an interview at a company who wants to quiz me on very specific fixed income security concepts and I need to brush up on my terminology and formulae.
Good to use in conjunction with a less fun training manual. Pass the 7 is a very good way to learn the material that it covers, but I think there's a decent amount of curriculum it either doesn't mention or doesn't get into the details about. It's much shorter and easier to read than other 7 books.
I don't know how people are rating this four stars. Maybe it is for the good humor and analogies. Maybe they have not taken the exam yet. I did not pass, even after reading this and another book. Do yourself a favor and get the Dearborn or Kaplan materials and take many practice tests.