Nor should you think about how many questions lie ahead—focus on the one at hand, answer it, and move on. I have moved on the dummies book for the Series 7 and the difference is immense. Have an unused, virtually untouched series 7 top off 1st edition textbook ("License Exam Manual") + Class Notes journal from Kaplan. 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. For both the SIE and 7 once I began the exam I felt I was taking a totally different exam. We put all of their advice into a value-packed eBook. You can book a session or just watch all the videos - they’re game changers!! It focuses on the nature of various securities and financial instruments such as equities, bonds, options, and municipal securities. Passed the 7 first try the other day. And I say this as someone who went in feeling underprepared. If you’re tempted to focus only on memorizing formulas related to these topics, don’t. The Series 7 Exam Subreddit is a professional community of Reddit users focused on the passing of the FINRA Series 7 Exam. Set your study routine as soon as possible. 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. One of my recent students who passed the 7, scored an 80% on the mastery. 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. 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. You need to understand the material, not memorize questions which is what a lot of people end up doing. Practice exams are different from practice questions because they closely replicate the real exam in terms of degree of difficulty, weighting, and format. If you can break down those difficult kaplan questions then the actual S7 won’t be an issue. Passed the 7 wednesday using Kaplan. Press question mark to learn the rest of the keyboard shortcuts. Series 7 and 66 Exam Prep Classes and Study Materials. Stick with it. 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. SIE and Series 7 Exam Prep Classes and Study Materials. It helped me pass the SIE when I did that. Buy Brian Lees Series 7 modules! 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. I just finished the kaplan Mastery Exam and made a 78. Thank you. Series 7 Practice Exam is a free website that is focused on Series 7 Exam prep. Found the actual exam to be much less difficult than Kaplan materials. We welcome students, current Registered Representatives and anyone who is curious. 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. If you have individual concerns, please visit our FAQ page ». I also made a review for the SIE and the 7 of the questions I kept missing or tough topics and it has worked. My test is in less than a month and I'm so frustrated. The Series 7 exam consists of 125 multiple-choice questions and takes 225 minutes. Earn your Series 7 Exam with proven study materials by Kaplan Financial Education. If your exam prep provider provides a question bank database, take advantage of this valuable study asset as much as you can. Just looking to get rid of it and maybe pay for my lunch - I'm in Chicago but can ship domestically. That gives you plenty of time to check in, find where you are supposed to go, and collect your thoughts before the exam starts. It focuses on the nature of various securities and financial instruments such as equities, bonds, options, and municipal securities. As someone who feels underprepared, that is really encouraging. I hope to be in your boat in a serveral hours. The Series 7 exam consists of 125 multiple-choice questions and takes 225 minutes. Series 7 Exam Prep Classes and Study Materials. I haven’t utilized the Kaplan support but it might be helpful to email or try to call if you have a specific question. To ensure you have the best chance of passing the Series 7 FINRA qualifications exam, you need good strategies. 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. Anxiety can make sleeping difficult, but having a set sleep schedule some time before will keep you rested. Once you take somewhere around 10 full practice exams you've basically seen every question that will ever come your way. We have two free Series 7 practice exams that you can work through. Download our free eBook. 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. Be sure to take a day off to rest your mind when you need to. A steady, regular study method will increase your retention dramatically compared to frantic cramming at the end. The first thing you should do is lay out a study plan that ensures you put those hours in. So, be sure to read the entire question and all the answer choices. 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. Seriously! Our site will be unavailable for 5 hours starting on Monday, November 16th from 10:00pm and ending at 3:00am CT on Tuesday, November 17th for maintenance. One of the best ways to improve your chance of passing is to take practice exams. These are online interactive exams and they include answers as well as detailed explanations. I have used Kaplan for the 7 and went to a couple in person courses and I feel that my understanding is clear. 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). Press J to jump to the feed. More posts from the Series7exam community. We apologize for any inconvenience this may cause. Press J to jump to the feed. I think most people would say the mastery a little harder or about the same level of difficulty as the actual exam. Instead, be sure to learn the concepts; they are more important than formulas. the Dummies questions are not easy, but still concepts they are asking me about I feel are worth spending more time on.. And, speaking of routines, in the last weeks before the exam, try to get in a good sleep pattern. Coronavirus (COVID-19) Update: Kaplan’s top priorities are the health and safety of employees, students, customers, and the community. I’d feel good about that. They make the practice exams/questions difficult because they want you to understand the actual question in detail. Doing a whole nother review of the book now and incorporating the dummies book as well. 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. If anyone has passed the S7, can you let me know if the wording on the actual exam measures to Kaplan? I am seriously stuck on Kaplan.. 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? Hey everyone thank you for the responses I passed!! Plan to arrive at the testing center more than 30 minutes beforehand. Balance your studying between manuals and practice questions so you don’t burn out on either. The questions are made so that they're almost exactly what'll be on the exam. Then read the last sentence of the question again before starting to eliminate answers. Good luck. Most are updated to address the latest regulations, and you receive a score with diagnostic feedback. I’m working through Kaplan now, but started with Training Consultants. I scored within a few points of my mastery score for the 7 and 24. It is better to be challenged than not be challenged. One of the best ways to study for this exam is with practice questions. We have great collection of resources to help you prepare for this challenging test. Good to know. But, interestingly, you’d be surprised at how many people don’t read the whole question. The better you perform on these exams, the greater your likelihood of passing the Series 7 exam. Give yourself enough time to take breaks from study to let concepts percolate. feel like its going alot better. Here are seven that can help you pass. When you were studying with Training Consultants what were you scoring on the final exams? 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 offer a variety of instruction options and exam prep study tools to best suit your learning style and schedule. im trying to average over an 80 on my quizzes but its just not going well.. im talking 50s and 60s. I am actually starting to understand the basics for options and calculating some of the complex math. 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. . Also capital advantage tutoring is awesome on YouTube! Almost 75% percent of the questions relate to providing customers with investment information, making suitable recommendations, transferring assets, and maintaining … Everything you need to answer a question correctly is always right there, so you don’t have to second-guess yourself. A number of the questions will test how you incorporate all your knowledge to make suitable recommendations for a hypothetical client. We offer a variety of instruction options and exam prep study tools to best suit … Cookies help us deliver our Services. I used Kaplan and Stc for the SIE and I liked Kaplan better. We strongly recommend including a Series 7 preparation package as part of your plan. If you have any tips on the exam would love to hear em. 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. On par. To solicit, purchase, and sell all securities products (e.g., corporate securities, municipal fund securities, options, direct participation programs, investment company products, and variable contracts), you need a Series 7 license. More posts from the Series7exam community. 7 Strategies for Passing the Series 7 FINRA Qualifications Exam. Almost 75% percent of the questions relate to providing customers with investment information, making suitable recommendations, transferring assets, and maintaining appropriate records. We welcome students, current Registered Representatives and anyone who is curious. What is the best study material for the series 7? 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. By using our Services or clicking I agree, you agree to our use of cookies. Thank you! The Series 7 Exam Subreddit is a professional community of Reddit users focused on the passing of the FINRA Series 7 Exam. I have taken 13 since last Wednesday! If you approach Series 7 exam questions this way, you are likely to miss something important.