Debt Details for the Financial Professional
While equities get most of the spotlight, you won’t work on Wall Street if you don’t know how to analyze bonds. The government will see to that.
While equities get most of the spotlight, you won’t work on Wall Street if you don’t know how to analyze bonds. The government will see to that.
To prepare and pass the Series 7 exam, you’ll face much of the fundamental math of finance, but you’re likely to face it in a way that is confusing or unclear. To make sure you break through and understand the test’s questions, you’ll need to have a firm foundation in the ideas the test is asking about–but what are those mathematical ideas on the Series 7 exam? Zolio explains.
Options math is done by computers these days—unless you’re taking an exam to work on Wall Street. Yes, you need to know how to do the math by hand—fortunately, Zolio is here to help!
Worried you don’t have the math skills to work on Wall Street? Don’t be–the math isn’t hard, but understanding what math to use when is crucial. Consider the simple account calculations that the Series 7 tests on, for example.
While debt and real estate are very important components of capital markets and corporate finance, the Series 7 exam and FINRA themselves spend a lot of time on equities. To pass the Series 7, you need to both be familiar with equity and the rules behind equity trading. This week Zolio digs into the basics of equities as FINRA and the Series 7 exam see it.
A lot of money is on the table for bankers and investors who can help companies go to market, but what does that mean? How does the IPO market work? The mechanics aren’t that complicated, but there are a lot of details one needs to know before one can begin to work on Wall Street.