Prometric series 7 exam

Prometric test center 1275 w washington st tempe, az. Testing candidates with cancelled exams will either receive a refund if paid to pearson vue or an extension as determined by your exam sponsor. The series 7 exam the general securities representative qualification examination gs assesses the competency of an entrylevel registered representative to perform their job as a general securities representative. Once you have been signed in and have completed the tutorial, the exam will start and a timer with 2 hours and 15 minutes will appear on the monitor. Jan 02, 2020 series 7 it might sound like a strange set of books you never got around to reading, but in reality its a financial qualification exam for aspiring stockbrokers.

The exam measures the degree to which each candidate possesses the knowledge needed to perform the critical functions of a general securities representative, including. Mar 26, 2008 the financial industry regulatory authority finra administers the series 7 examination. Because of the way the exam is structured, the individual also must have a valid series 7 at the time of registration. Brian prepares students for the series 3, 7, 17, 24, 57, 63, 65, 66, 79, 8687, and 99. The series 7 exam is a corequisite of another exam called the securities industry essentials sie, and you must pass both exams to earn your license. Most states require this license for anyone who wants to sell securities within the state. You can access additional details about this service on finras covid19 page, starting friday may 1st. A lot goes into properly preparing for these types of exams, and i. Finra series 7 securities licensing exam prep nrs fire. Recent prometric exam question and answers 2019, prometric exam coaching kerala.

Jun 28, 2018 although the series 7 topoff exam starting in october 2018 will be shorter than the old one, you will also have to study for, and pass, the sie. In 2011, prometric lost the contract for conducting the oracle certification exam and they were replaced by pearson vue. This subreddit is at least a temporary solution for the issues we are having with creating topics in the original series7exam subreddit. In 2014, the ibm professional certification program exam delivery was moved from prometric to pearson vue test centers. The series 7 exam representativelevel finra exam qualifies an individual to sell a full range of investment products, including corporate securities, municipal securities, investment companies, variable products, direct participation programs, options and government securities. Passing the series 66, the uniform combined state law examination, qualifies an individual as if he or she had passed both the series 63 and series 65. The series 7 is the license exam that most people will be taking. Kaplan financial educations 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. For all finra appointments, an additional 30 minutes is scheduled to allow for the completion of the tutorial presented prior to your session and the post exam.

You can take the exam 30 days after your first attempt, and you can take the exam three times before a 180day. That said, you will need to study two totally different textbooks, and schedule two totally different exam days. The series 7 exam is the licensing exam that is required by most firms for people looking to be investment brokers. For more information about the sie and series 7 exams, refer to finra rule 1210 and finra rule 1220b2. Prometric offers ezseat, a webbased, selfserve tool that allows. In 2014, prometric lost the bid for conducting it second time to an indian tech firm. Visit the prometric site closure page or call 800 5786273 for a list of centers. Taking a finra exam through prometric has never been easier or more. Convenient, online, anywhere, anytime test scheduling and registration with global contact center support. Prometric finra exams finra chooses single exam provider.

In order to retrieve your report online you will need to enter the confirmation number which can be found on your original report. The series 6 exam consists of 100 multiplechoice questions that cover four main functions. The series 7 exam will consist of 260 multiplechoice questions that cover five different functions. The series 63 exam uniform securities agent is administered in conjunction with the north american securities administrators association nasaa. If you need to reschedule or cancel your qualification exam or regulatory element continuing. However, to register as an investment adviser representative based on the series 66, an individual must also have passed the finra series 7 exam and the exam must be valid i. The series 7 examination and why you need to pass it.

Candidates are given six hours to take the test, with two separate threehour sessions with questions. A lot goes into properly preparing for these types of exams, and i wanted to share my experience and process. Take the sample series 7 questions below to see how prepared you are for the series 7 test. Since 1972 securities exam preparation has offered selfstudy courses for finra, nasaa, and nfa cftc exams.

It is a comprehensive exam, but not overly difficult and it can be your path to success in the industry. You are allowed 6 hours, broken down into 2 parts 3 hours each, for completion. A general overview of finras series 6, 7, 63, 65 and 66. Finra chooses prometric for exam delivery knopman marks. As efforts to control the covid19 outbreak carry on, we will continue to monitor the. Both are finance industry credentials, and both are earned by passing a set of exams. Candidates must pass the securities industry essentials sie exam and the series 7 exam to obtain the general securities representative registration. Web delivered series 3 and series 30, series 7, series 65 and 66 exam prep. Took an exam at this prometric today for the first time and if i can help it, i wont schedule anyone else in the area. Series 7 general securities representative examination exam. It is possible for you to schedule two different exams on the same day. The official six hour test, broken into two three hour segments, two hundred and sixty questions which includes ten example questions, is designed. On october 1, 2018, finra restructured the series 7 exam. Schedule your appointment in realtime and receive immediate confirmation.

The exam consists of 5 multiplechoice questions although only 125 of them count toward your score. Enrolling for and scheduling an exam appointment at prometric. One of the best ways to study for this exam is with practice questions. Do not use the browser back button while doing this test. Taking the sie exam is a key step toward a career in finance. Since i am already working for a firm and they are paying for me to take exams, am i required to take sie exam. Locate a test center in your area that offers appointment times for a specific program. For more information, visit finras website where you can learn about the series 7 exam and its qualification and registration process. The series 66 exam qualifies a candidate to register with states as both securities agent registered representative, and investment adviser ia or investment adviser representative iar. Like the original subreddit, this subreddit is designed for people who want to discuss issues related to prep for series 7 exam and the sie.

She currently teaches the sie, series 6, 7, 24, 50, 52, 63, 65, and 66 exams. The series 7 exam is administered at prometric testing centers in the u. If you do not pass, your score report indicates fail, and additional details about your exam are provided, including your overall exam score and performance in each function area. Schedule your exam date at a prometric test center near you. The series 7 is the most widely administered of finras regulatory exams, with more than. Using the prometric website, test takers can quickly, easily and conveniently register or schedule an exam online anytime they wish. The series 6 practice test will assist you in passing the series 6 exam, which is a test that assesses the testtakers knowledge and ability to perform adequately when selling securities products. For example, a series 6 appointment is scheduled for 2 hours and 45 minutes. Series, examination, within 2 business day cancellationreschedule fee, three. Kaplan has study materials and exam details available for the sie exam as well as the series 7 exam. A passing grade of 72% or better on the series 7 exam, administered through prometric testing centers. The timer of the exam will not stop once the exam starts. If your exam was cancelled, you can schedule new exam appointments with seat availability starting april 1, 2020.

In february 2018, i took the series 66 exam at my local prometric test center. Also, the series 7 exam requires an additional 3060 minute break between parts i and ii. We deliver more than 7 million examinations annually in over 180 countries through our flexible and secure network of test sites. Series 7 candidates may retrieve items from their locker without consent from the tca during the mandatory break after the 1st half of the exam. You can schedule an appointment online at finra or by. Arriving at this page means youre well on your way to scheduling an exam, finding a test location or a number of other actions. The series 7 exam, also called the general securities representative exam, is a regulatory licensing exam administered by finra to assess the competency of entrylevel finance professionals involved in the selling, trading or dealing of securities. Prometric offers students the flexibility of taking exams after regular business hours and on saturdays. The series 7 exam is a computerized, closed book in other words, no book, threehour and 45minute exam. The series 7 exam will provide you with your broker license. To take the series 7 exam, the examinees sponsoring finra member firm must file a uniform application for securities industry registration or transfer form u4 in the central registration depository crd and pay the required fee. Recent prometric exam question and answers 2019, prometric. The exam has 250 multiple choice questions and an additional 10 pretest questions that wont be scored.

Mar 28, 2018 in february 2018, i took the series 66 exam at my local prometric test center. Mar 17, 2020 prometric says it plans on reopening test centers effective april 16. Candidates are now required to pass the securities industry essential sie exam along with a series 7 exam to obtain the general securities representative qualification registration. Finra moves to prometric as single vendor for securities qualification exams. If you want to work with stocks, bonds, and investments, youll need to pass series 7. We have two free series 7 practice exams that you can work through. Series 7 practice exam is a free website that is focused on series 7 exam prep. Series 6 and series 7 exam outlines released by finra february 21, 2018 finra has released new outlines for series 6 and series 7 exams in conjunction with the upcoming new sie exam.

The confirmation number can be located on the top right of the report. However, the candidate must also pass the series 7 exam general securities representative exam. Books and web questions for series 24, series 27, series 53, series 57, investment adviser series 65 and 66, and series 99 exams. Search for your test program page to schedule, reschedule, confirm, locate, or prepare for your test. Both of these exams are shorter combined, than the current series 7 exam in total. What ive read online is confusing and my boss has no idea. We have great collection of resources to help you prepare for this challenging test. The sie exam itself is a computerbased exam given at prometric test centers throughout the. In response, solomon exam prep will offer a free 30day extension to customers whose materials expire between march 17 and april 16. After i finished the exam, i wanted to share my experience and what to expect. We expect to launch the service on a limited basis in the near future, starting with the sie, series 6, series 7, series 63, and series 66 with increasing capacity and exam offerings over the next four to six weeks. Remember to click the finish exam link at the bottom of the page once you. I currently work for a financial firm and am being asked to take series 6 and 63. Finra has announced an exclusive exam delivery relationship with prometric.