Is Kaplan Good for Series 7?
Kaplan does not offer a money-back guarantee, but its 85% Series 7 exam passing rate is indicative of its success in preparing students for the exam.
How long should I study for Series 7?
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. The first thing you should do is lay out a study plan that ensures you put those hours in.
What is the passing score for Series 7?
Allowed Time to Complete Exam—Candidates are allowed 3 hours and 45 minutes to complete the Series 7 exam. (The exam used to be 6 hours.) Scoring—The passing score is 72%. (This is the same as the passing score for the previous exam.)
Is STC better than Kaplan?
Overall, we highly recommend Kaplan for the Series 66. If you have STC, and are required by your employer to use it then that’s totally fine too. We know many students that pass with STC’s material so it will be good enough. However, for the best experience, at Professional Exam Tutoring we recommend Kaplan.
How long is a Series 7 license good for?
The Series 7 license is good for the entire period that you work for a FINRA-member firm or self-regulatory organization (SRO). It only expires if you are terminated or leave a firm and do not find employment within two years at another FINRA-member firm or SRO.
How many times can I fail the Series 7?
A candidate can take the Series 7 exam as many times as they like; however, for the first three times, the candidate has to wait 30 days before trying again; after the first three attempts, the candidate has to wait six months.
How to prepare for the series 7 exam?
An unexpected invitation to the finance industry. A few years ago,I was at a bit of a professional impasse.
How hard is the series 7 exam?
How Hard Is the Series 7 Exam? At 125 scored questions and 10 additional unscored questions, the Series 7 exam is one of the longest that FINRA offers for securities industry professionals. It tests 269 rules and regulations, as well as their application to the professional functions that you will need to perform as a Series 7 license holder.
How to pass the series 7?
The Series 7 is not an easy exam but it is very pass-able if you use the right material and use correct study techniques. A huge key to passing the series 7 is working with enough practice questions and tough test questions. Most people fail the test because they did not really challenge themselves in working with hard enough exam questions
Can anyone take the series 7 exam?
To take the Series 7 exam, you must be sponsored by a FINRA member firm or a self-regulatory organization (SRO). Firms apply for candidates to take the exam by filing a Uniform Application for Security Industry Registration or Transfer (Form U4). There is also an exam fee that is commonly covered by the sponsoring firm.