More posts from the Series7exam community. By using our Services or clicking I agree, you agree to our use of cookies. If you’ve met these requirements, you can enroll with FINRA and schedule your exam with Prometric up to 120 days after you’ve been registered. Set your study routine as soon as possible. Balance your studying between manuals and practice questions so you don’t burn out on either. If you’re tempted to focus only on memorizing formulas related to these topics, don’t. These are online interactive exams and they include answers as well as detailed explanations. If you can break down those difficult kaplan questions then the actual S7 won’t be an issue. I just finished the kaplan Mastery Exam and made a 78. Have an unused, virtually untouched series 7 top off 1st edition textbook ("License Exam Manual") + Class Notes journal from Kaplan. Doing a whole nother review of the book now and incorporating the dummies book as well. The Series 7 Exam Subreddit is a professional community of Reddit users focused on the passing of the FINRA Series 7 Exam. They make the practice exams/questions difficult because they want you to understand the actual question in detail. I take the S7 in t-minus 3 hours and 34 minutes, can you give me any advice on stuff on the exam you didn’t see in Qbanks? 7 Strategies for Passing the Series 7 FINRA Qualifications Exam. I’m working through Kaplan now, but started with Training Consultants. The Series 7 exam can be tough, but if you follow these strategies, study wisely, and invest in exam prep, you have a great chance of passing. So, be sure to read the entire question and all the answer choices. Then read the last sentence of the question again before starting to eliminate answers. Almost 75% percent of the questions relate to providing customers with investment information, making suitable recommendations, transferring assets, and maintaining … What is the best study material for the series 7? You can book a session or just watch all the videos - they’re game changers!! Honestly - check him out. I used Kaplan and Stc for the SIE and I liked Kaplan better. Wouldn’t it be great if you could sit down with a room full of successful securities professionals and ask them for career advice? We welcome students, current Registered Representatives and anyone who is curious. The better you perform on these exams, the greater your likelihood of passing the Series 7 exam. We put all of their advice into a value-packed eBook. Press J to jump to the feed. Good luck. That’s because most of us are conditioned to skim through information to find the one little nugget we are looking for as we simultaneously worry about how much time we have. Kaplan Financial Education's securities licensing exam prep packages provide all the necessary tools to help you prepare, practice, and perform on the FINRA ® Series 7 Exam, General Securities Representative Examination (GS). Plan to invest a significant amount of time answering questions to get a better understanding of where your strong and weak points are, and where you need to focus more attention. To be eligible to earn that license, you need to have passed the Securities Industry Essentials (SIE) exam (either before or after the Series 7 exam) and secured sponsorship from a member firm or self-regulatory agency (SRO) that has also registered you with FINRA. Instead, be sure to learn the concepts; they are more important than formulas. I think most people would say the mastery a little harder or about the same level of difficulty as the actual exam. Passed the 7 first try the other day. Stick with it. We have two free Series 7 practice exams that you can work through. We welcome students, current Registered Representatives and anyone who is curious. I feel like they are making the questions overwhelmingly difficult and I am spending too much time trying not to be overwhelmed rather than at least grasping the basics. To ensure you have the best chance of passing the Series 7 FINRA qualifications exam, you need good strategies. How does that compare to the actual exam?My test is this Saturday. A number of the questions will test how you incorporate all your knowledge to make suitable recommendations for a hypothetical client. The Series 7 exam consists of 125 multiple-choice questions and takes 225 minutes. the Dummies questions are not easy, but still concepts they are asking me about I feel are worth spending more time on.. Here are seven that can help you pass. I am actually starting to understand the basics for options and calculating some of the complex math. Press J to jump to the feed. But, interestingly, you’d be surprised at how many people don’t read the whole question. Kaplan Financial Education's securities licensing exam prep packages provide all the necessary tools to help you prepare, practice, and perform on the General Securities Representative Qualification (Series 7) and Uniform Combined State Law (Series 66) exams. On par. If you have individual concerns, please visit our FAQ page ». Most are updated to address the latest regulations, and you receive a score with diagnostic feedback. If your exam prep provider provides a question bank database, take advantage of this valuable study asset as much as you can. It is better to be challenged than not be challenged. Most web sources say the Series 7 pass rate is 65% (FINRA doesn’t release the pass rates), but in a recent Kaplan survey of Kaplan Series 7 students, 85% reported passing the Series 7 qualification exam. If anyone has passed the S7, can you let me know if the wording on the actual exam measures to Kaplan? Almost 75% percent of the questions relate to providing customers with investment information, making suitable recommendations, transferring assets, and maintaining appropriate records. Once you take somewhere around 10 full practice exams you've basically seen every question that will ever come your way. And, speaking of routines, in the last weeks before the exam, try to get in a good sleep pattern. I scored within a few points of my mastery score for the 7 and 24. Buy Brian Lees Series 7 modules! More posts from the Series7exam community. Nor should you think about how many questions lie ahead—focus on the one at hand, answer it, and move on. Just looking to get rid of it and maybe pay for my lunch - I'm in Chicago but can ship domestically. One of the best ways to improve your chance of passing is to take practice exams. It helped me pass the SIE when I did that. As someone who feels underprepared, that is really encouraging. One of my recent students who passed the 7, scored an 80% on the mastery. feel like its going alot better. I also made a review for the SIE and the 7 of the questions I kept missing or tough topics and it has worked. For both the SIE and 7 once I began the exam I felt I was taking a totally different exam. Found the actual exam to be much less difficult than Kaplan materials. Seriously! That gives you plenty of time to check in, find where you are supposed to go, and collect your thoughts before the exam starts. I like Kaplan just as it seems most people here do, but something I just cannot agree on that others have said for both SIE and Series 7 is how Kaplan questions are either easier or similar to the 7. Everything you need to answer a question correctly is always right there, so you don’t have to second-guess yourself. We asked several accomplished securities pros what they wish they knew before they earned their license and started their career, and what they thought all aspiring securities professionals should know. Thank you! I just got a question in Kaplan that honestly makes me wonder if I should just toss the book all together with wasting time on complex info that i don't need to worry about. Because there are different types of questions on the exam, practice questions are your secret weapon for Series 7 exam success. The Series 7 Exam Subreddit is a professional community of Reddit users focused on the passing of the FINRA Series 7 Exam. Cookies help us deliver our Services. Coronavirus (COVID-19) Update: Kaplan’s top priorities are the health and safety of employees, students, customers, and the community. Earn your Series 7 Exam with proven study materials by Kaplan Financial Education. Series 7 Exam Prep Classes and Study Materials. We strongly recommend including a Series 7 preparation package as part of your plan. You need to spend 80-100 hours studying for the FINRA Series 7 exam if you have a finance background and about 150 if you don’t. Practice exams are different from practice questions because they closely replicate the real exam in terms of degree of difficulty, weighting, and format. My test is tomorrow so not much I can do in terms of changing vendors, but just wondering how much of a difference Training Consultants is to the real exam, in terms of the wording of questions, and difficulty of them? Thank you. When you were studying with Training Consultants what were you scoring on the final exams? Our last strategy is one that’s often overlooked because it seems so obvious. Plan to arrive at the testing center more than 30 minutes beforehand. I did take it and got a 71%, so firm is giving me another go, but there were a few options math questions involved, and it is does focus on options enough to where you want to be comfortable with basic calculations and breakevens, and know spreads and straddles, but the math part won’t focus too much on those complex strategies. Here’s another valuable tip: if you have read the question thoroughly, and there are at least two answer choices you cannot eliminate, consider choosing “all of the above” if it’s an option. A steady, regular study method will increase your retention dramatically compared to frantic cramming at the end. Press question mark to learn the rest of the keyboard shortcuts. I have taken 13 since last Wednesday! Press question mark to learn the rest of the keyboard shortcuts. We have great collection of resources to help you prepare for this challenging test. The best thing is to take as many practice tests as you can, and only study your most challenging sections. Series 7 and 66 Exam Prep Classes and Study Materials. Thinking about a career in securities? We apologize for any inconvenience this may cause. I’d feel good about that. One of the best ways to study for this exam is with practice questions. The first thing you should do is lay out a study plan that ensures you put those hours in. I am seriously stuck on Kaplan.. Kaplan Financial Education's securities licensing exam prep packages provide all the necessary tools to help you prepare, practice, and perform on the Securities Industry Essentials (SIE) exam and the General Securities Representative Qualification (Series 7) Examination. I have used Kaplan for the 7 and went to a couple in person courses and I feel that my understanding is clear.