Solomon Exam Prep is delighted to announce a partnership with Claflin University and Lincoln Financial Advisors. Continue reading
“I am delighted to be able to tell you that I passed my Series 65 exam on my first attempt…” Continue reading
If you’re a newly promoted principal at your firm, FINRA may have just delivered you some good news. Continue reading
If you’re a newly promoted principal at your firm, FINRA may have just delivered you some good news.
In response to current events, FINRA has adopted a temporary rule change giving many new principals until December 31st to complete their FINRA exams.
To qualify for the extension, the principal must have been promoted from representative by her firm before September 3rd.
Among the principals included in the extension are General Securities Principals (Series 24), Financial and Operations Principals (Series 27 or 28), Investment Company/Variable Contract Limited Principals (Series 26), and Compliance Officers (Series 14).
The extension also applies to one rep-level license. Operations Professionals (Series 99) hired before September 3rd also have until December 31st to pass their exams.
The Solomon Exam Prep team is always on the lookout for how current developments affect the securities industry. For more updates from our Industry News blog, use the subscribe form on this page.
Solomon Exam Prep is excited to release the 4th edition of Solomon’s Series 24 Exam Audiobook. The Solomon Audiobook is a word-for-word reading of the 4th edition of Solomon’s Series 24 Study Guide. Continue reading
- Updated information related to new and changed FINRA rules
- Added information on SEC Regulation Best Interest
- Updated tax information for 2020
- Updates to retirement plan information, most of which is related to the recently enacted SECURE Act which took effect on January 1, 2020
- Additional examples and questions to help reinforce important concepts
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.
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.
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.
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.
Solomon Exam Prep’s line of study materials for the Series 62 exam is growing. We are excited to announce our new live, interactive online classes for the FINRA Series 62 Corporate Securities Limited Representative Qualification Exam! Continue reading
Solomon Exam Prep’s line of study materials for the Series 62 exam is growing. We are excited to announce our new live, interactive online classes for the FINRA Series 62 Corporate Securities Limited Representative Qualification Exam!
Studying for the Series 62 can be a daunting task: the 50-page FINRA outline is long enough to intimidate even the best of test takers! Let Professor Karen Solomon, Ph.D. guide you through the intricacies of corporate securities including corporate bonds, rights, warrants, money-market funds and REITS. Professor Solomon will give you the best need-to-know information in four 2-hour sessions. This live, online class will feature practice questions mixed throughout the easy-to-understand lectures. And your questions are not just allowed, but encouraged! If you miss some or all of the sessions, not to worry: with your purchase, you will also enjoy 15 days access to your recorded class!
Our next class starts Monday, January 30, 2012. Visit our website or give us a call at (503) 601-0212 to sign-up today!