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The Series 7 is a three-hour, forty-five-minute exam. [1] It is held in one four-hour session. There are 125 questions on the test. Candidates have to score at least 72% to pass. The SIE Exam and the Series 7 Exam are co-requisite exams. [9] Average study time is between 80 and 150 hours depending on current financial knowledge. [10]
Exams are administered on a computer in a lab style setting. Final results are available immediately after completing the exam. CLEP tests are primarily multiple-choice exams (though some include fill-in or ordering questions, and one College Composition exam has an essay section) which are scored on a scale from 20 to 80.
General Securities Representative Examination, more commonly known as the Series 7 Exam, required to receive a license as a stockbroker in the U.S. Investment Company Products/Variable Life Contracts Representative Examination, more commonly known as the Series 6 Exam , for U.S. licensing to sell a limited set of securities such as mutual funds ...
Passing the Series 7 exam registers you to sell and trade most securities as a financial services professional. The exam covers several topics including investment products and their potential ...
The Chemistry, Biology, Physics and Design Technology was last updated for first teaching in September 2014, with syllabus updates (including a decrease in the number of options), a new internal assessment component similar to that of the Group 5 (mathematics) explorations, and "a new concept-based approach" dubbed "the nature of science". A ...
Obtaining the Series 7 license is an important step for many financial advisors on their climb up the career ladder. But clearing this obstacle is not without its challenges.
The updates includes more information on the format and structure of the exam. [6] College Board also put out new testing dates for the AP exams. [7] One major change to the AP exam is that the tests will be completely open-note. [8] Students may use any class notes or other non-human resources for the exam. [9]
The CFP and Series 7 are two designations you might see in the finance industry that are held by financial advisors. However, the CFP and Series 7 are used for different purposes. A series 7 ...