Award-Winning SIE Test Prep in Richmond, VA

If your Richmond SIE preparation needs a kick-start, Varsity Tutors offers two ways to get expert assistance with your test prep. First, we provide a comprehensive Richmond SIE prep class where you can study both academic concepts and test-taking strategies in a structured learning environment. Alternatively, we can set you up with a private Richmond SIE tutor who can work with you one-on-one as you pursue your learning goals. There's really no wrong option between them, so reach out to us to get started with one or both of these great options today.

What topics can I review during my Richmond SIE prep?

The SIE, or Securities Industry Essentials Exam, is a test that assesses a candidate's knowledge of the fundamentals of the securities industry. Some of the topics discussed include different types of investment products and their risks, how securities operate, the function of major regulatory agencies, and prohibited practices. The exam is administered by the Financial Industry Regulatory Authority (FINRA) and is required to earn a license to trade securities, though you may not apply for licensure after passing the SIE alone. You must also pass a more specialized assessment such as the Series 3 or Series 7 before you may legally carry out the functions covered by your exam.

The SIE itself is structured as a multiple-choice test with 75 questions. You have an hour and 45 minutes to finish the exam and must earn a score of at least 70 percent to pass it. FINRA exams are known for misleading questions that make the test more challenging than the topics covered might suggest, so your instructor might supply you with practice exams to give you an idea of what the assessment expects of you. If you find that you consistently miss questions about a topic like hedge funds, you can redouble your efforts on that topic to improve your self-confidence heading into the test.

What are the benefits of each of my Richmond SIE prep options?

As noted above, we can enroll you in a Richmond SIE prep course or find you a personal academic mentor. If you opt for a course, you'll meet with a knowledgeable instructor and a group of classmates at a set time each week. All sessions take place on our proprietary Live Learning Platform, a convenient online classroom that allows everybody to see and hear one another as if you were in the same room. Why commute to a physical classroom when a classroom is available right on your favorite mobile device?

You can also interact with your classmates on our platform, allowing you to work together to create a collaborative learning environment that may make it easier to understand challenging financial concepts. For example, one of your peers might share a handy mnemonic device they came up with to remember how mutual funds work. You can also explain concepts to your classmates to help them out of a tight spot, reinforcing your own command of the material in the process. Working in a group also gives you great value for your money, as you can work with an expert teacher that you may not have been able to afford on your own.

If you would rather receive personalized attention, a private instructor might be a better choice for you. We can find you an educator to work with either online or in-person, giving you complete control over where your sessions take place. If you decide to work online, you'll make use of our Live Learning Platform to receive face-to-face instruction anywhere with a stable internet connection. Powerful features such as a virtual whiteboard ensure that your sessions are just as effective as meeting in-person. If you're more of a traditionalist when it comes to studying, you can meet your instructor at the Virginia Commonwealth University library, the food court at the University of Richmond, or the privacy of your own home.

Your private instructor can design study sessions around your preferred learning style to improve their efficacy. For instance, a kinesthetic learner might practice bookkeeping in order to keep accurate records for their clients, while a visual learner might get more out of a tutorial demonstrating how to approach the task. Your instructor can also give a lecture on the topic if you're more of an auditory student. Working with a private instructor also provides the flexibility to learn at your own pace, spending as little or as much time on a particular topic as you need.

How do I sign up for Richmond SIE prep?

Simply reach out to Varsity Tutors to learn more about each of our Richmond SIE prep options or to sign up today. We look forward to helping you work toward academic success!