Maryville to Offer Series 7 Exam Prep Course


[St. Louis, Mo.]—Beginning in January, Maryville will be the first University in the St. Louis area to offer a prep course for the FINRA Series 7, the primary securities licensing exam. Financial services company Edward Jones is sponsoring the course and Securities Training Corp. is providing materials.

For more information, contact Melissa Griswold, PhD: 315.529.6859; mgriswold@maryville.edu

The semester-long course serves two functions. It aims to attract more people to the growing financial services field and to better prepare students for those jobs after graduation. Maryville created the course in response to needs expressed by local financial services companies.

Open to finance and non-finance majors, as well as adults considering a career change, this foundational course offers a preview of the financial advisor profession.

A recent study by Cerulli Associates projects 237,000 new advisors will be needed in the next decade, while the U.S. Bureau of Labor Statistics estimates only 60,300 people will actually enter the field in that time.

The course also allows students to hit the ground running after graduation. The Series 7 license is required of all individuals who function as registered representatives within broker-dealer financial service firms. Traditionally, financial services firms pay new hires to study at home for six weeks for the exam, which has a failure rate of nearly 30 percent. Although graduates will still need an employer sponsor for the exam, they’ll be prepared to sit for the test immediately after graduation. For employers, that means Maryville graduates get to work sooner.

“This course provides a structured learning environment that we hope will increase the pass rate,” says Melissa Griswold, PhD, director of the financial services program and associate professor of finance. “It will set the Maryville graduate apart from other applicants. It puts them a step ahead.”

The offering is a perfect complement to Maryville’s new Financial Services major, Griswold says. Started in 2013, the new degree program is a multidisciplinary approach that incorporates finance and marketing.

For more information, contact Melissa Griswold, PhD: 315.529.6859; mgriswold@maryville.edu.

 

About Maryville University
Maryville University is a selective, comprehensive, and nationally ranked private institution with nearly 6,000 students. Maryville offers more than 75 degrees at the undergraduate, masters and doctoral levels to students from 50 states and 33 countries. Consistently ranked as a top private school by Forbes and Kiplinger’s, Maryville has been named the No. 1 Overperforming University in the nation by U.S. News & World Report for the past two years. Maryville’s athletics teams compete at the NCAA Division II level in the Great Lakes Valley Conference. Founded in 1872, the University is ideally situated on 130 picturesque acres in West St. Louis County.