Series 7: Introduction

Taken from our Series 7 Online Guide

Introduction

The FINRA General Securities Representative Qualification Examination, also known as the Series 7, has a fearsome reputation for a reason: it is the securities industry’s biggest and broadest securities exam; test-takers get 3 hours and 45 minutes to answer 135 questions. As FINRA says, the Series 7 exam “is intended to safeguard the investing public by helping to ensure that General Securities Representatives are competent to perform their job.” FINRA, with the SEC looking over its shoulder, wants industry professionals to be, well, professional. They want registered representatives (the industry term for someone who passes the Series 7) to know their stuff and to behave in a legal and ethical manner—so customers are happy and regulators can go home at night and sleep.

How are you going to do it? How are you going to scale this mini-mountain of information? The surest path to passing the exam is to follow a pre-set Solomon Series 7 Study Schedule in your Solomon account. The Study Schedule tells you what studying to do every day. Following a Study Schedule offers you a high probability of passing your exam the first time. If you don’t follow a Solomon Study Schedule, then read each chapter in the Solomon Study Guide (twice is best), and after reading each chapter, take 3-4 chapter quizzes in the Solomon Exam Simulator. Supplement your reading and quizzing by watching the Solomon Exam Prep Series 7 Video Lecture and by listening to the Solomon Exam Prep Series 7 Audiobook. Then when you’re done reading, quizzing, watching, and listening, start taking practice exams in the Solomon Exam Simulator. Once you’ve taken five practice exams in the Exam Simulator, you will receive a Pass Probability™ score. Pass Probability™ compares the scores on your five most recent practice exams to thousands of previous Solomon students who have taken the Series 7 exam. If your Pass Probability™ is below 75%, you will receive a Remediation Report

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