What should I do the day before the 7th series?

What to Do the Day before You Take the Series 7 Exam

• Review your notes until noon.
• Get away from the books: Go out to dinner (skip the spicy foods and alcohol) or go to a movie — do whatever you want to rest your mind.
• Gather the items to bring with you to the exam site: Your ID.
• Set two alarm clocks.
• Get to bed early.

How long should you 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. Give yourself enough time to take breaks from study to let concepts percolate.

How long do you have to wait if you fail 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.

Is the Series 7 the hardest test?

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.

How many pass the Series 7 on the first try?

On average, the pass rate for the Series 7 exam is around 65%. Comparatively, about 86% of candidates pass the Series 63 on their first attempt.

Is there math on the Series 7?

The exam is approximately 30% math (e.g. options, margin and convertible bonds). Other candidates “fear” the math – that’s okay too. Candidates who are stronger on the qualitative concepts and regulations and count on many of those questions on the exam.

What happens if you fail Series 7?

If I fail the Series 7 exam, what is the wait time before I can retake it? Candidates who do not pass the top-off exam must wait 30 days before taking it again. However, if you fail it three times in succession, you must wait 180 days.

Is 50 hours a week a lot?

A 50-hour workweek represents a workweek that exceeds the usual 40-hour schedule for professionals across industries. This means that instead of committing eight hours each day for five days, professionals may work 10 hours each day for five days, or work an additional sixth day to meet their 50-hour requirements.

When do the series 7 exams come out?

Registering on or after October 1, 2018, the exam will be significantly shorter: 3 hours and 45 minutes with 125 multiple choice questions. The revamped exam will place greater focus on product-specific knowledge.

How to take the series 7 securities representative exam?

Series 7 – General Securities Representative Exam 1 Content Outline. The Series 7 Content Outline provides a comprehensive guide to the range of topics covered on the exam, as well as the depth of knowledge required. 2 Eligibility. 3 Permitted Activities. 4 Key Questions.

Do you have to go to college to take series 7?

There are no education requirements to sit for the Series 7 exam, although most candidates have a college degree in a finance-related field, and many choose to complete a Series 7 exam prep package prior to sitting for the exam.

What to expect on the series 7 CFA exam?

Unlike the CFA or other challenging finance exams , the Series 7 exam does not require test takers to demonstrate deep analytical problem-solving skills. It’s more skewed toward the regurgitation of information, which generally means there are no shortcuts with regards to studying for the Series 7.