Is the Series 7 exam difficult?

Is the Series 7 Exam Difficult? Clocking in at 125 questions to be answered in three hours and 45 minutes, the Series 7 exam is considered the most difficult of all the securities licensing exams. The minimum passing score is 72, which may not seem that difficult.

What is the Series 7 exam good for?

A candidate who passes the Series 7 exam is qualified for the solicitation, purchase and/or sale of all securities products, including corporate securities, municipal fund securities, options, direct participation programs, investment company products and variable contracts.

How long does it take to study for the Series 7?

80-100 hours
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.

When can you take the Series 7 exam?

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.

Can you take Series 7 without a sponsor?

FINRA and Broker-Dealer Exams SIE and Series 63 exams do not require any sponsoring program. Series 7, 79, and 82 require a FINRA exam sponsorship before you can take the test.

Is a Series 7 license worth it?

Typically, the Series 7 is the better choice if you’re interested in selling individual securities either now or in the future. Plus, once the Series 7 is completed, no additional exam is required.

How to prepare for the FINRA series 7 exam?

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). We offer a variety of instruction options and exam prep study tools to best suit your learning style and schedule.

Are there any live classes for Series 7?

Choose a combo option and save. Expand the list below to show all available Live or Live Online class dates. Read more exam details about the Series 7 exam, including exam restructuring, general information, and best practices. Not sure a Series 7 Study Package is right for you?

Is there a second edition of Series 7?

We’ve listened to the feedback and released the second edition of Series 7 packages. The new packages have significant changes to ensure students retain as much information as possible and pass their Series 7 exams the first time: