Series 50 — Municipal Advisor Representative Qualification Exam
The MSRB Municipal Advisor Representative Qualification Exam (Series 50) qualifies you to become a licensed municipal advisor. You can then provide advice about municipal financial products to, or on behalf of, municipal entities. That means you will be able to help municipalities through the process of issuing securities and advise them on how to invest their proceeds. There are no prerequisites, but to take the Series 50 exam, you must be associated with a municipal advisor. Read more Series 50 FAQs.
Solomon Exam Prep’s innovative study system has helped thousands pass their securities exams. Explore Solomon’s Series 50 study materials below and get started on your path to becoming a municipal advisor!
QUICK LOOK:
- RECOMMENDED STUDY TIME: 60 hours
- EXAM LENGTH: 110 questions
- EXAM TIME: 3 hours & 30 minutes
- PASSING SCORE: 71%
- TAKING EXAM: Testing is done via Prometric
Hard Copy Upgrade + $32.00
MATERIALS
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The Solomon Series 50 Study Guide, written in clear easy-to-understand language, contains the information you need to know to pass your exam. Comprehensive and continually updated, the Solomon Series 50 Study Guide has helped thousands pass their exam. The Study Guide contains charts, graphs and practice questions, as well as a glossary of key terms.
To see a sample of the online Study Guide, click here.
The Solomon Series 50 Study Guide, written in clear easy-to-understand language, contains the information you need to know to pass your exam. Comprehensive and continually updated, the Solomon Series 50 Study Guide has helped thousands pass their exam. The Study Guide contains charts, graphs and practice questions, as well as a glossary of key terms.
The Study Guide is available in your online Solomon account (this digital guide requires Internet connection and is not downloadable).
To see a sample of the online Study Guide, click here.
If you'd like a physical book, a hard copy upgrade is available (shipping & handling will apply) that contains the same content as the online version in your Solomon account.
To see a sample of the hard copy Study Guide, click here.
Please note: This sample of the hard copy is in PDF form to show the look of the hard copy only, but Solomon Study Guides are not available as PDFs.
Designed to work with the Solomon Series 50 Study Guide, the Solomon Series 50 Exam Simulator offers thousands of practice questions so you can hone, track and assess your knowledge. Once you’ve read the Study Guide, the Exam Simulator allows you to use and practice what you’ve learned.
Sample a free demo of our Series 50 Online Exam Simulator here!
Designed to work with the Solomon Series 50 Study Guide, the Solomon Series 50 Exam Simulator offers thousands of practice questions so you can hone, track and assess your knowledge. Once you’ve read the Study Guide, the Exam Simulator allows you to use and practice what you’ve learned.
The 180-day subscription to the Solomon Series 50 Exam Simulator offers:
• Over 1,650 original Series 50 practice questions with robust rationales which clearly explain why a specific answer is correct
• Questions updated continually to keep up with regulatory and industry changes
• Self-assessment tools that helps you identify areas that require more study
• An unlimited number of 10-question quizzes based on chapters of the study guide
• An unlimited number of 100-question untimed practice exams with immediate answer feedback
• An unlimited number of 100-question timed practice exams
Exam simulator subscriptions are limited to one individual.
Sample a free demo of our Series 50 Online Exam Simulator here!
The Solomon Series 50 Video Lecture highlights the most important and heavily-tested exam topics. Join the Solomon Professors as they review the need-to-know information in this clear, easy-to-understand, training course. This 8-hour recorded course walks you through the most critical Series 50 concepts.
The Solomon Series 50 Video Lecture highlights the most important and heavily-tested exam topics. Join the Solomon Professors as they review the need-to-know information in this clear, easy-to-understand, training course. This 7½-hour recorded course walks you through the most critical Series 50 concepts.
Lectures are peppered with practice questions to help you use what you are learning.
The Series 50 Video Lecture is available through the Solomon website and can be accessed via computer or mobile device. Video lecture subscriptions are for 180 days.
If you like to listen, the Solomon Series 50 Audiobook offers you the perfect way to study for your exam while you’re commuting, working out or doing the dishes! The Solomon Series 50 Audiobook is a 10.5-hour audio recording of the Solomon Series 50 Study Guide. The guide is written in clear easy-to-understand language and contains the information you need to know to pass your exam.
To listen to a sample click here.
If you like to listen, the Solomon Series 50 Audiobook offers you the perfect way to study for your exam while you’re commuting, working out or doing the dishes! The Solomon Series 50 Audiobook is a 10.5-hour audio recording of the Solomon Series 50 Study Guide. The guide is written in clear easy-to-understand language and contains the information you need to know to pass your exam.
The Solomon Series 50 Audiobook is a verbatim reading of The Solomon Exam Prep Guide to the Series 50.
The Series 50 audiobook is a great companion to the Series 50 Online Exam Simulator, the industry-leading online testing program that ensures you are learning and retaining the information.
Available in the following formats:
- Streaming Audio + Instant MP3 download
The MP3 files are compatible with all major MP3 players, including but not limited to: iPods, iTunes, Zune, Sony, MP3 CD Players, MP3 Walkman, Windows Media Player and QuickTime.
(Note for iPod, iPhone, and iPad users: MP3 files must be downloaded to a computer and added to iTunes before being transferred to your device.)
I prepared for the Series 50 (Municipal Advisor) exam using your materials and was extremely satisfied. Having the materials in multiple written and audio formats provided a lot of flexibility in where and when I could study. The scope of the Series 50 exam is so broad that even very experienced individuals would benefit by this type of preparatory course. I highly recommend this product.
Derek Morse, Morse Associates Consulting, LLC, Reno, NV
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What does a Series 50 license allow me to do?
As a licensed municipal advisor, you may provide advice about municipal financial products to, or on behalf of, municipal entities. That means you will be able to help municipalities through the process of issuing securities and advise them on how to invest their proceeds.
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What subjects does the Series 50 exam test?
The Series 50 exam tests your knowledge of five functions:
- Understanding SEC and MSRB Rules Regarding Municipal Advisors
- Understanding Municipal Finance
- Performing Issuer’s Credit Analysis and Due Diligence
- Structuring, Pricing and Executing Municipal Debt Products
- Understanding Requirements Related to the Issuance of Municipal Debt
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Are there any prerequisites for the Series 50 exam?
No, there are no prerequisites, but you must be associated with a municipal advisor to take the exam.
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How long should I prepare for the Series 50 exam?
We recommend studying 60 hours over a four-week period.
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STUDY GUIDE

EXAM SIMULATOR
Number of Questions | 10 |
Time Duration | Untimed |
Answer Feedback Instant validation and rationale |
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Percentage required to pass | 71% |
AUDIOBOOK
Track | Title | Bookmark | Length | Download | |
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3 | Introduction | 0:00 | 4:58 | ||
4 | Chapter 1 | 0:00 | 2:25:32 |
VIDEO LECTURE
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