MCCCD Program Description

Securities Industry Essentials (SIE) Exam Prep

Course: GBS261LL

First Term: 2021 Spring

Lec + Lab 1.0 Credit(s) 1.0 Period(s) 1.0 Load
Subject Type: Occupational
Load Formula: T- Lab Load

Description: Helps to prepare students for the Financial Industry Regulatory Authority (FINRA) Securities Industry Essentials (SIE) Examination required for prospective securities industry professionals. Focuses on reviewing key concepts, practicing skills, and preparing to successfully demonstrate existing knowledge on the SIE certification exam. The course is designed to provide an overview of exam topics and study and test-taking strategies. It also will include structured study time, group discussions, and the use of practice exams to assess test readiness.

MCCCD Official Course Competencies
1. Identify the Financial Industry Regulatory Authority (FINRA) Securities Industry Essentials (SIE) exam objectives and assess personal preparation. (I) 2. Create a detailed study plan based on self evaluation of readiness. (I) 3. Regularly monitor progress with practice tests and adjust study plan accordingly. (I) 4. Demonstrate ability to perform under pressure by taking timed tests, quizzes, and exams. (I) 5. Demonstrate knowledge of market mechanics including participants, economic factors, and regulations as they apply to capital markets. (II) 6. Identify a variety of products including their attributes, benefits, and risks based on a client`s needs. (III) 7. Recognize ways to mitigate risks related to investments. (III) 8. Identify trading mechanics and corporate actions. (IV) 9. Demonstrate knowledge of customer accounts and related compliance considerations. (IV) 10. Identify prohibited activities related to the securities industry. (V) 11. Explain the regulatory, continuing education, and conduct requirements for associated persons. (V)
MCCCD Official Course Competencies must be coordinated with the content outline so that each major point in the outline serves one or more competencies. MCCCD faculty retains authority in determining the pedagogical approach, methodology, content sequencing, and assessment metrics for student work. Please see individual course syllabi for additional information, including specific course requirements.

MCCCD Official Course Outline
I. Test preparation strategies A. Securities Industry Essentials (SIE) Exam B. Assessment of readiness C. Study plan and strategies D. Stress reduction E. Test taking skills II. Knowledge of capital markets A. Regulators and market participants B. Securities Act C. Markets D. Economic factors E. Offerings F. Related rules III. Products and risks A. Attributes B. Benefits C. Risks D. Alignment of products to client needs E. Mitigation of product risks F. Related rules IV. Trading A. Order types B. Trading mechanics C. Corporate actions D. Customer accounts E. Prohibitive activities F. Related rules V. Regulatory framework A. Self-regulatory organizations (SRO) requirements B. Continuing education C. Employee conduct requirements D. Related rules

MCCCD Governing Board Approval Date: November 24, 2020

All information published is subject to change without notice. Every effort has been made to ensure the accuracy of information presented, but based on the dynamic nature of the curricular process, course and program information is subject to change in order to reflect the most current information available.