How Do You Pass The Series 7 Exam?
The Series 7 is an exam one must pass in order to become a Registered Representative for a Brokerage Firm, i.e. Stock Broker. In order to take the Series 7, you must first be sponsored by a financial member firm. Upon passing the Series 7 two weeks ago, I wrote this article to share my knowledge and experiences about the exam so that other people could benefit. I wrote all this information while the text was still fresh in my memory. With a lot of hard work and dedication, anyone can pass the exam on the first attempt. First you need to understand the exam format. The exam consists of 250 multiple choice questions and is divided into two 185 min sections (3 hrs and 5 mins). Each section is actually 130 questions. The 5 extra are survey questions randomly included in the exam that do not count for or against you, but are for future exam purposes. The exam is taken on a computer at a testing site. To begin, you need to purchase your study materials. There is a number of textbooks for the
