If you have ADHD and you are studying for the SIE exam or the Series 7 or the Series 65 … Solomon Exam Prep can help

It’s no small feat to study for and pass a securities licensing exam, especially if you have ADHD. With that in mind, Solomon has compiled a list of skill-based strategies to support ADHD learners through the process of studying for their securities licensing exams. Continue reading

Studying for a knowledge test, like a securities licensing exam, requires significant effort over time. Solomon offers some helpful tips for studying and passing your securities licensing exam(s).

Study Strategies for People with ADHD

It’s no small feat to study for and pass a securities licensing exam, especially if you have ADHD. Two areas that can be especially challenging for people with ADHD are time management skills and study skills. Time management can be difficult because it requires a person to prioritize tasks, organize their day, and plan for short- and long-term goals, all of which are potential stumbling blocks for those with ADHD. And when it comes to studying, people with ADHD often have trouble concentrating and haven’t acquired effective study habits.

However, studies suggest that people can learn specific behaviors and strategies that help them work around ADHD symptoms and succeed in their studies. With that in mind, Solomon has compiled a list of skill-based strategies to support ADHD learners through the process of studying for their securities licensing exams.

Time Management

If you’re planning to study for a securities licensing exam, such as the Securities Industry Essentials exam or the Series 7 or the Series 65, managing your time effectively is crucial. Depending on the exam, Solomon Exam Prep recommends studying for between 30 to 100 hours over the course of ten days to several weeks. It’s a daunting prospect for anyone. How can someone with ADHD get better at managing his or her time?

Use schedules and planners to stay on track. Whether you use a paper or digital planner, the following tips will help you use it to your advantage:

  • Refer to the Solomon Exam Prep study schedules located in the resources folder of your online Solomon account to help create an effective study plan.
  • Fill in your planner with study targets for each week and smaller goals for each day. People with ADHD often get overwhelmed when confronted with a large task, so breaking the task up into smaller pieces will make it more approachable.
  • Be realistic about how long things take for you and build in some breathing room for when things takes longer than expected. Also build in time for frequent short study breaks.
  • Begin the day by checking your planner to see which activities you need to do. Try to complete each day’s to-do list, but don’t panic if you don’t finish everything – you built in extra time, remember?

Build structure into your day with consistent routines and rituals.

  • Figure out your best time for study. Are you more alert in the morning, afternoon, or evening? Try to study at your optimal time as much as possible.
  • Use alarm clocks, timers, and alerts to help you structure your time, build routine, and remind yourself of important tasks. This article has some great tips on how to use your smartphone to stay organized.
  • Give yourself small rewards as you study and complete tasks. This article recommends people with ADHD improve their focus by routinely rewarding themselves for achieving small goals. A reward can be as simple as taking a 10–15 minute break to have a snack or take a walk around the block, which also helps prevent fatigue and loss of concentration.
Study Skills

Studying for a securities licensing exam can make you feel like you’ve landed back in high school or college, when you were forced to study and retain large amounts of information with the end goal of passing a test. If you were a successful student, the strategies that worked for you then will probably work for you now. But individuals without prior academic success, and those with ADHD, can increase the effectiveness of their study time by applying the strategies that follow.

Make note-taking a core aspect of your studying. Studies suggest that becoming a better note-taker can increase concentration and help learners make better use of their time by learning actively rather than passively. Here are some specific ways to boost your studying with note-taking:

  • If you have a hardcopy of your Solomon Exam Prep Study Guide, then highlight, underline, and write notes and questions in the margins as you read. If you are reading your Study Guide online or listening to your Audiobook, take notes on paper using a note-taking system that works for you, such as the Cornell, outlining, or mapping method, all described here.
  • Use color-coding to organize your notes. Invest in colored pens, highlighters, and sticky notes and use them strategically.
  • Return to your notes frequently: review them several times; rewrite them; read them aloud; create possible test questions from them.

Do A LOT of self-testing. Studies have found that incorporating more self-testing, or retrieval practice, into a study routine can significantly improve retention of material, especially for people with ADHD. The Solomon Exam Prep study system has two features specifically designed for self-testing:

  • Solomon Exam Prep Online Exam Simulator: with a large question bank and tools that help you identify areas that require more study, the Solomon Exam Simulator is the perfect way to incorporate self-testing into your study time.
  • Solomon Exam Prep Digital Flashcards: interactive true/false and definitions flashcards that can be organized by chapter and customized to target the terms and concepts you need to study more.

Teach the content to someone else. To be well-prepared for a securities licensing exam, candidates must truly understand the content. What better way to check your understanding than to teach the content to another person? Becoming the teacher to a friend or family member is a highly effective learning technique. This list of study tips for learners with ADHD includes talking about the concepts aloud to yourself or others. Even if you don’t have a study buddy or captive family member to lecture to, imagine that you’re teaching a course on the material and write up a lesson plan. Deliver your lesson to an empty room if need be, but the act of trying to explain the material out loud is a great way to confirm which areas you have a strong command of and which you need to study further.

Solomon Study Tip: Listen to a Solomon Audiobook

If you like to listen, Solomon Exam Prep Audiobooks offer the perfect way to study for a securities exam while you’re busy doing other things, such as commuting, working out, or doing the dishes! Continue reading

Studying for a knowledge test, like a securities licensing exam, requires significant effort over time. Solomon offers some helpful tips for studying and passing your securities licensing exam(s).

Listen and learn from a Solomon Audiobook

If you like to listen, Solomon Exam Prep Audiobooks offer the perfect way to study for a securities exam while you’re busy doing other things, such as commuting, working out, or doing the dishes! Solomon audiobooks are unabridged, verbatim readings of the Solomon Study Guides, read by live readers – not computer-generated robot voices – who are experts on the subject matter. Solomon Exam Prep Study Guides have helped thousands pass their securities licensing exams because they are written in clear, easy-to-understand language and contain the information you need to know to pass your exam.

Why an audiobook? Besides the advantage of learning on the go, listening to the audiobook version of your Solomon study guide can benefit your studying in several ways.

Take the reading pressure off

First, you can learn the content without the additional work of reading. For many people, it is easier to process and comprehend auditory words than written ones. And some people simply dislike reading or have not developed a habit of doing it, thereby making it a chore to sit down and read intensively.

Listening can be more accessible 

Second, audiobooks can help to address a range of diverse study needs. If you are visually impaired, have a learning disorder such as dyslexia or ADHD, you may find it much easier to learn from an audiobook. In fact, audiobooks are the preferred choice for people with dyslexia because they allow the learner to get the meaning of the text while avoiding the challenge of decoding written language. In addition, listening to an audiobook while reading can help people with ADHD because the audiobook helps to focus the mind on the material. In fact, according to the Harvard Health Letter, listening to an audiobook can help people who are having difficulty with traditional reading due to reasons such as stress and anxiety by helping them focus.

Listening vs. reading

But is listening to an audiobook as effective for studying as traditional reading? Psychology professor Daniel T. Willingham points out in one article that learning from written texts does have some advantages over learning from audiobooks. For example, the ability to see visual cues like headings and paragraph divisions, and the ability to reread sentences can all help with comprehension. But the auditory cues present in audiobooks may be equally beneficial for comprehension. For example, the tone and inflection of the reader’s voice can tell us a lot about the meaning of a sentence. In fact, at least one study suggests that for adults, comprehension is similar for reading and listening.

Maximize your learning

Finally, if you’re someone who enjoys reading, then an audiobook is a great way to reinforce the material in an additional modality by listening while you read. According to one article, multisensory learning – when more than one sense engages with the same information – can result in better retention of new material. In other words, using more than one sense to learn (reading and listening) has been shown to be more effective than using only one sense (just listening).

It’s clear that there are many reasons why an audiobook can boost your studying. At the very least, listening to an audiobook gives your tired eyes a rest after a long day of focusing on a computer screen. And it might turn out to be an invaluable study tool, allowing you to sidestep reading challenges and maximize your study time.

If you’re interested in hearing a sample of a Solomon audiobook, visit our website at https://solomonexamprep.com/ and look for Audio Samples under the Learn More tab.

16 Study-From-Home Tips From Solomon Exam Prep

Get both general home-study tips and specific home-study tips for securities exams. Continue reading

GENERAL HOME-STUDY TIPS

  • Find a quiet place that you feel comfortable in – try to study in this same place every day
  • Unless you’re using your phone to study with, put the phone in another room.
  • Wake up early – getting started is the hardest part, and starting in the morning will make studying easier. You will get in several hours before you know it.
  • Make small goals.
  • Reward yourself – try to get up and walk around at least every 30 minutes. This will rest your eyes and mind.
  • If you start to feel anxious – take a deep breath, counting to four as you inhale, then slowly exhale, counting to seven as you exhale. Repeat. This will lower your anxiety. This is a good strategy to use before your exam.
  • Ask for help being accountable: find someone in your life to query you every day about what you have accomplished.
  • Go for a walk in a natural or green setting.  Studies show that your mind relaxes and you remember more if you take regular walks in a natural or green setting. 
  • Get a good night’s sleep – try to go to sleep at the same time each night and wake up at the same time. 

SPECIFIC HOME-STUDY TIPS FOR SECURITIES EXAMS

  • Read the Solomon Study Guide. Remember: the number one reason people fail their securities exam is they didn’t read the Study Guide.
  • If you’re having trouble reading the Study Guide, listen to the Solomon Audio Guide while you read the Study Guide.  
  • Read Exam Notes in the Resources folder.
  • If you don’t understand a question or concept, email Solomon’s Ask the Professor.
  • If you’re having trouble with something, create note cards and try to teach it to someone else. Becoming the teacher is the most effective tool to learn something you find challenging or difficult.
  • After reading the Solomon Study Guide, take at least six practice exams in the Solomon Exam Simulator.  
  • Use Interactive Review to review the Exam Simulator questions you get incorrect.

Solomon Exam Prep has helped thousands pass the SIE and the Series 3, 6, 7, 14, 22, 24, 26, 27, 28, 50, 51, 52, 53, 54, 63, 65, 66, 79, 82 and 99.  For more information, go to www.SolomonExamPrep.Com or call 503.601.0212.

The FINRA Series 22: Basic Exam Preparation

Get answers to some of your burning Series 22 questions from Jeremy Solomon, Solomon Exam Prep owner and president, plus test day tips! Continue reading

Did you know that the FINRA Series 22 exam is a much easier path to becoming a direct participation program representative than the Series 7?  A shorter exam requiring less study time, and you’re on your way to being qualified to solicit and sell interests in DPPs, including real estate, oil and gas, equipment leasing, BDCs, agricultural, like-kind exchanges, etc.

Click on the video link above and get answers to some of your burning Series 22 questions from Jeremy Solomon, Solomon Exam Prep owner and president, plus test day tips!

Read a Solomon Exam Guide … and Live Longer

When you’re preparing for a securities exam, and you read a Solomon Exam Prep textbook, not only are you improving your chances of passing, but you’re also improving your odds of living longer. According to a new study published in Social Science & Medicine: Continue reading

When you’re preparing for a securities exam, and you read a Solomon Exam Prep textbook, not only are you improving your chances of passing, but you’re also improving your odds of living longer. According to a new study published in Social Science & Medicine:

  • On average, book readers live 23 months longer than individuals who don’t read books.
  • Books are protective regardless of gender, wealth, education, or health.

The authors Avni Bavishi, Martin Slade and Becca Levy write that there are two cognitive processes involved in reading books that could create a “survival advantage”. First, reading books promote the “slow, immersive process” of “deep reading,” a cognitive engagement that “occurs as the reader draws connections to other parts of the material, finds applications to the outside world, and asks questions about the content presented.”

“Cognitive engagement may explain why vocabulary, reasoning, concentration, and critical thinking skills are improved by exposure to books,” they write. Second, books “can promote empathy, social perception, and emotional intelligence, which are cognitive processes that can lead to greater survival,” they say.

In addition to improving their chances of living longer, securities exam students are likelier to pass and pass with a higher score, if they read an exam guide, according to Jeremy Solomon, president of Solomon Exam Prep.

How to Pass Your Exam the First Time

One question everyone asks when encountering any exam is: “How do I pass the first time?” Here is a list of our top 5 study tips, along with an entertaining short video to help drive them home. Continue reading

testOne question everyone asks when encountering any exam is: “How do I pass the first time?” Solomon Exam Prep has been helping their students pass securities exams for over a decade.  For many years Professor Karen Solomon (PhD, University of Chicago) taught and researched how the brain learns and memorizes information. Based on her research, Solomon Exam Prep has come up with some tried and true study tips that will help you pass your exam the first time.

The first thing to remember is that the over-studiers are more likely to succeed. There are many costs associated with taking these exams, so it is in your best financial interest to pass the first time. Increase your chances of passing the first time by following Solomon Exam Prep’s suggested study schedule; you will thank yourself later.

Here is a list of our top 5 study tips, along with an entertaining short video to help drive them home:

  1. Reinforce learning by engaging multiple senses. You want to learn the content, not just memorize it. Reinforce your reading by following along with the Audiobook or reading out loud to yourself. By engaging your other senses, you are more likely to remember the content. We also recommend reading your Study Guide multiple times as you do not always retain everything the first time around. The combination of repeated reading and engaging other senses is sure to drive home the material and increase memory retention.
  2. Make your own flash cards. Many other companies create and sell flash cards, but Solomon Exam Prep does not. Why? To help you better learn the material. When you actively sit down and create your own flashcards, you are more likely to recall the information. This goes along with engaging multiple senses; reading and transcribing the content you find important helps to reinforce learning.  We encourage all of our students to create their own flash cards.
  3. Take practice quizzes. Practice makes perfect! You will not know how much material you have retained until you take practice exams. We encourage our students to take quizzes after every chapter they read. Focus on learning the content and avoid memorizing the questions. Review the rationales for any incorrect answers; not everything may be in the book, so make sure you pay attention to new material in the quizzes. As you approach your exam date, you should be taking full, timed practice exams to best prepare for the actual one. We highly encourage our students to average in the mid 80’s before sitting for the exam.
  4. Take breaks and rest up. It is important to give yourself a break as you are studying. You might try setting a timer to remind yourself to take a break. (It does not help to cram.) Remember: Sleep is important! Before your exam date, make sure you get enough sleep; do not stay up all night cramming. Your brain functions much better when it is well rested.
  5. Review your Study Course and notes. If you have a recorded class, re-watch it prior to your test date; this is a great review.  If you do not have a recorded class, go over your notes and flash cards prior to your exam. You can also re-review your last full exam, taking note of any questions you might have answered incorrectly. This serves as a great final refresher before your exam.

Follow these study tips and you will increase your chances of passing the first time. Be sure to check out our study tips video:

Study Question of the Week: December 12, 2012 Edition

This week’s study question from the Solomon Online Exam Simulator question database is now available. Relevant to the Series 24, Series 79, and Series 62. –ANSWER POSTED– Continue reading

This week’s study question from the Solomon Online Exam Simulator question database is now available.

Question (Relevant to the Series 24, Series 79, and Series 62):

Which of the following is not true regarding tender offers by third-parties?

Answers:

A: Whenever the bidder purchases or intends to purchase more than 5% of a company’s outstanding shares, it must file Schedule TO

B: While the same price must be given to all shareholders as in an issuer’s offer, third-party offers allow an exclusion for certain severance/benefits packages that have been approved by an employee compensation committee

C: The target firm’s management must communicate a position on the tender offer within 4 business days of the offer

D: All recommendations on the tender offer made by the targeted company, its affiliates, and certain other parties must be made using SEC Form, Schedule 14D-9

Correct Answer: C

Rationale:  The following are tender offer rules relating to third-party tender offers.

–Whenever the bidder purchases or intends to purchase more than 5% of a company’s outstanding shares, it must file Schedule TO. It must also file a Form 13D, which is a beneficial ownership form.
— All recommendations on the tender offer made by (1) the targeted company and its affiliates, (2) shareholders of the target company, the bidder, and affiliates of either, and (3) anyone acting on behalf of the forgoing or on behalf of the bidder must be made using SEC Form, Schedule 14D-9. The bidder does not use Schedule 14D-9 if it has filed Schedule TO.
–While the same price must be given to all shareholders as in an issuer’s offer, third-party offers allow an exclusion for certain severance/benefits packages that have been approved by an employee compensation committee.
–The bidder cannot buy shares outside of the tender offer during the offer period.
–The target firm’s management must communicate a position on the tender offer within 10 business days of the offer. The recommendation can take the form of: (a) accept or reject; (b) remain neutral; or (c) take no position. The target firm’s management must explain why it takes that position. It cannot recommend that shareholders buy shares in the company.

Weekly study questions are from Solomon’s industry-leading Online Exam Simulator.

Study Question of the Week: December 6, 2012 Edition

This week’s study question from the Solomon Online Exam Simulator question database is now available. Relevant to the Series 79, Series 24, Series 62 and Series 82. –ANSWER POSTED– Continue reading

This week’s study question from the Solomon Online Exam Simulator question database is now available.

Question (Relevant to the Series 79, Series 24, Series 62 and Series 82):

An individual or group acting together must file a Schedule 13D form when:

Answers:

A: their stockholdings reach 5% of a corporation’s outstanding shares of common stock

B: their stockholdings reach 10% of a corporation’s outstanding shares of common stock

C: their stockholdings reach 20% of a corporation’s outstanding shares of common stock

D: their stockholdings reach 50% of a corporation’s outstanding shares of common stock

Correct Answer: A

Rationale: Section 13(d) requires an individual or group acting together to file a 13D form when their stockholdings reach 5% of a corporation’s outstanding shares of common stock. This rule gives a corporation that may be the target of an acquisition fair warning in advance. Schedule 13D requires the group to disclose the number of shares owned, background information on the individual filing the form, the purpose of the transaction, and the source of the funds to finance the acquisition of the shares. Schedule 13D must be filed within 10 days of the acquisition of the stock.

Weekly study questions are from Solomon’s industry-leading Online Exam Simulator.

Study Question of the Week: November 27, 2012 Edition

This week’s study question from the Solomon Online Exam Simulator question database is now available. Relevant to the Series 7, Series 62, and Series 82. –ANSWER POSTED– Continue reading

This week’s study question from the Solomon Online Exam Simulator question database is now available. Be sure to submit your answers in the comments section below.

Question (Relevant to the Series 7, Series 62, and Series 82):

ABC Corporation 6% preferred stock is convertible at $20. ABC Common trades at $25/share. What is the parity price of ABC preferred stock?

Answers:

A: $30

B: $50

C: $125

D: $500

Correct Answer: C

Rationale: First we must take the convertible price and divide it into the par value for the preferred stock to find out how many shares of common stock would be received for one share of preferred stock. $100/$20 = 5 shares of common for each share of preferred. Then we must multiple the number of common shares times the price of the common stock. 5 shares * $25/share = $125/share. The parity price of ABC preferred is $125/share.

Weekly study questions are from Solomon’s industry-leading Online Exam Simulator.