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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]
In his article, Miller discussed a coincidence between the limits of one-dimensional absolute judgment and the limits of short-term memory. In a one-dimensional absolute-judgment task, a person is presented with a number of stimuli that vary on one dimension (e.g., 10 different tones varying only in pitch) and responds to each stimulus with a corresponding response (learned before).
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 ...
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.
Psychological tests can include a series of tasks, problems to solve, and characteristics (e.g., behaviors, symptoms) the presence of which the respondent affirms/denies to varying degrees. Psychological tests can include questionnaires and interviews. Questionnaire- and interview-based scales typically differ from psychoeducational tests ...
It's important to note that each profession may have its own situational judgement test specific to that particular field. However, generally, most SJTs include various question types and do not have a time limit. [21] One of the most popular question types on SJTs are scenarios. Scenarios are job-related, realistic, hypothetical situations.
The Series 7 license allows professionals to sell securities in the U.S. To obtain it, they must pass a rigorous exam covering various financial topics. Financial Industry Regulatory Authority ...
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.