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Would passing Series 63 exam be a big help to become a finanical analyst ?


Would passing Series 63 exam help me to get a position as a financial analyst ?

Getting your 63 on your own would certainly show some dedication and sincere interest in becoming a financial analyst.

The only downside is that the 63 is one of the easier tests to pass. What would be more impressive, is if you got your 7

As for "big help" - all the licensing exams are generally useless. They are mandatory steps that one must take, but the goal is always to pass the test by the minimum score. Getting a CFA certification is a much bigger deal and would be a huge boost to your resume
The 63 is totally unrelated to being a financial analyst. If you are pursuing a financial planning role, it may be required. The 63 would allow you to register as an investment advisor.

As for becoming a financial analyst, a BS in Finance is the starting point. An MBA would make you even more marketable. The CFA is also a different avenue.

Registering with NASD is not always required to be a financial analyst. You wouldn't even be able to pursue the Series 7 until you are sponsored by a broker/dealer.

Ron, ChFC
Investment banks require that their analyst pass the Series 7 and 63. However if you are going into corporate finance, it is not required (although it would be helpful).
Intern at an I-bank
Agreed with others, this is only usefull if you want to be a financial advisor (as in a sales type position). You are better off getting your CFA, although this is much more work , and requires passing 3 intense exams over an 18 to 36 month period (depending one when you take the first level). Level 1 exams are offered in December and June, while level 2 and 3 are only given in June.

As of 2005 median income for a CFA charter holder is >150k
CFA candidate
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