Award-Winning SIE Test Prep in Dayton, OH

Varsity Tutors is the only name you need to know to kick your Dayton SIE preparation into high gear. We offer connections to two fantastic services to help you get professional assistance with your test prep. First, we can enroll you in an online Dayton SIE prep course where you can study both academic concepts and proven test-taking strategies to prepare for test day. Alternatively, we can connect you with a private Dayton SIE tutor who can forge a personal rapport with you as you work together toward your educational goals. Both are great options, and some students use both in order to feel as prepared as possible heading into the SIE.

The Securities Industry Essentials (SIE) exam is administered by FINRA (or Financial Industry Regulatory Authority) as a kind of introduction to the basic skills required for licensed securities industry professionals. While you must pass this test in order to earn a trading license, the SIE alone is not sufficient to start trading. Instead, you will need to combine it with a more specific qualification exam such as the Series 79 or Series 7 in order to earn a license. You must be associated with a FINRA member firm to sit for a qualification test, but the SIE is open to students at local colleges such as Wright State University and the University of Dayton. As such, the SIE is a great place to start.

What topics can I review during Dayton SIE prep?

The SIE covers basic securities industry concepts such as product types and their associated risks, the structure of security industries markets, the role of regulatory agencies, and prohibited practices. The exam itself has 75 multiple-choice questions administered over a testing session lasting 105 minutes, and you need to earn a score of at least 70 in order to pass.

FINRA is known for writing deceptively-worded questions that can trick you even if you understand the material, so you might want to make practice exams part of your test prep to get an idea of what to expect. Experiencing what the time available to you feels like firsthand can also make it easier to modify your pace, helping to ensure that you have an opportunity to answer every question. Perhaps most importantly, you can review your answers with your instructor to identify where you are improving and any areas of opportunity for further study.

What are some of the benefits of formal Dayton SIE prep?

As noted above, Varsity Tutors can either enroll you in a Dayton SIE prep class or find you a private instructor. If you choose to take a class, you'll meet with a knowledgeable teacher and your fellow classmates on our proprietary Live Learning Platform, an online classroom that allows you all to see and hear each other even if you're miles apart geographically. Since your teacher can see you, asking for help is as easy as raising your hand.

You are also free to communicate with your fellow students on our platform, allowing you to help each other out while your teacher is working with someone else. For example, you might explain business economic factors to one of your new friends if they're struggling with the topic. Likewise, a classmate's take on debt instruments may resonate more with you than your instructor's explanation. Best of all, studying in a group setting allows you to share the associated expenses so you get more value for your money.

If you would rather study with a private instructor, we can set you up with a qualified SIE instructor. Since you will meet with your instructor online, you will also get to use our Live Learning Platform to review. Powerful features like video chat and a virtual whiteboard ensure that your sessions are just as effective as meeting in-person, giving you a face-to-face study experience without the associated commute.

Choosing to meet with a private instructor allows you to learn at your own pace. If you're having a hard time with packaged products, your instructor can provide additional examples until you feel ready to move on. If you understand hedge funds immediately, your instructor can quickly move on to something else to keep your sessions engaging.

Can I sign up for Dayton SIE prep right now?

Absolutely. Simply reach out to an Educational Consultant to get the process started or if you want to find out more information about the benefits of each Dayton SIE prep option provided by Varsity Tutors. We can't wait to work with you!