Enrolling in the Essential or Premium level packages expands the amount of tools available at your disposal, like access to the Kaplan Video Library and their InstructorLink feature. Kaplan had so much to offer. That being said, there is something that holds this prep course provider back from a higher rating. While many features of Kaplan are on par with STC and other companies, you have to enroll in the highest package option in order to utilize the majority of those options.
This course provides users with a textbook physical or electronic to fully review and get acquainted with the course material. This is supplemented by thousands of practice questions and hundreds of digital flashcards— more than enough study materials to prepare you for exam day.
This can be tough to justify when compared to the more reasonable options provided by ExamFX. At the end of the day, user experience is worth a lot. While not as fully featured in some respects, the overall user experience provided with Knopman is excellent.
NRS is the best option for people looking for a simple, no-nonsense approach to preparing for their Series 7 Exam. NRS removes the fluff typically acquainted with some courses by focusing purely on subjects that are actually on the exam. This is an effective method of preparing most students for their securities exam. On the contrary, their mobile app is impressive on both phone and tablet, allowing you to take your studying on the go. This is affordably priced and prevents you from having to compare with other packages, but it also limits your ability to choose the perfect course for your individual needs and preferences.
If you want more specialization in your course offerings, STC is a better choice. Students who are short on time or just want to quickly pass their exam will appreciate the convenience provided by NRS.
The simplicity and value — as well as their mobile-friendly approach — make for a decent study resource. The Series 7 Test multiple choice questions have six different styles, as well as, problems that need to be calculated for puts, calls and margin on trading.
Knowing how a question will be asked, by studying the Mometrix Series 7 Practice test, helps you answer the questions faster and with more confidence, since you will be familiar with the type of questions.
The first example of a question is Closed-Stem, is a complete sentence that ends with a question mark. The four to five answer choices that you will choose from will be in the form of a complete or incomplete sentences. The second style of question is the Open-Stem, which is an incomplete sentence with the answer choices completing the sentence. You should choose the answer that best completes the sentence.
If there is more than one correct answer, you should choose the best answer. You must choose the wrong answer. You must either, determine the correct sequence of events of all the choices in one format, or select two or more choices that are both, or all, correct in the second format. Finally, there are the calculations of buying on Margin, Puts and Calls, which require you to know the specific formulas for the amount of trading allowed on margin.
The Series 7 practice exam is a critical tool on passing the Series 7 Exam the first time sitting for the test. Do not underestimate this test and go unprepared. Purchasing the Series 7 Practice test a month or two ahead of your scheduled test, and diligently studying daily, will greatly increase your test results.
Mometrix Academy is a completely free Series 7 exam prep resource provided by Mometrix Test Preparation. If you find benefit from our efforts here, check out our premium Series 7 study guide and Series 7 flashcards to take your studying to the next level.
Just click the Series 7 study guide link below. Your purchase also helps us make even more great, free Series 7 study materials content for test-takers. Excellent guide! I feel the material is organized and laid out very well. The information is easy to read and understand. Having taken the Insurance exam and the Series 65 exam, I have found much of the content written better than my previous exam guide books.
Great book! As someone who is just getting into the field, there is a lot to learn. After three failed attempts, a candidate must wait at least six months to retake the Series 7 Exam. Before you take the Series 7 Exam, you need to appropriately prepare. If you have a finance background, be prepared to study for at least hours and lay out a study plan that will ensure you reach those hours.
Use study guides and resources, like a Series 7 practice exam to help you pass. The SIE Exam focuses on a variety of financial topics including regulatory agencies and the securities market. This exam has four sections with 75 questions total. Once this exam is passed, you are eligible to take the Series 7 Exam. You can find SIE practice questions here. Once you receive your license, you can sell corporate stocks and bonds, mutual funds, municipal bonds, and packaged securities.
Someone who decides to work with a Series 7 license holder will expect them to have expert knowledge on a variety of topics like:. You will also be expected to understand how to create diversified portfolios with appropriate risk assessment.
While you can sell any securities with a Series 7 license, you cannot sell products relating to commodities, real estate, or life insurance. The test is scored by an equating scale, which accounts for slight variations of difficulty that could occur due to the different sets of exam questions created for candidates.
This way, there is a fair comparison of scores and holds each candidate to the same standard. The QBank also gives you the ability to: Practice your exam-taking technique while learning more about key topics. Complete the exams online or download and print them out. Review your performance on previously taken exams. Find in-depth rationales for each question and locate where you can learn more. Build simulated exams to provide a comprehensive test review of all material.
Online Keep tabs on how well you are progressing on your exam prep. Online The Checkpoint Exams, located at the end of each unit in your License Exam Manual, are designed to gauge your comprehension of the material. Online Prepare for your qualification exam by utilizing our customizable Study Calendar, which coordinates your daily tasks with your study schedule and test date. Online The Mastery Exam is similar to the Practice Exam and provides an additional simulated exam with unique questions.
Online You can prepare for your qualification exam with this series of short, exam-focused streaming videos designed to provide reinforcement of the core exam topics discussed in the License Exam Manual. Print and PDF This comprehensive textbook is the foundation of your qualification exam preparation.
Online The Midterm Exam is a cumulative exam designed to test your comprehensive knowledge at the midpoint of your exam preparation. Choose your Premium Instruction Package: Each package has a different class option. Live Online Class Experience the same instructor interaction and support as a traditional live class with the convenience of online study.
OnDemand Online Class Experience the same instructor interaction and support as a traditional live class with the convenience of online study. Choose your Essential Self-Study Package:. Essential Self-Study Package Series 7. Basic Self-Study Package The Basic Self-Study Package provides a strong foundation for the self-directed individual who has a proven record of success when studying without the guidance of an instructor.
Choose your Basic Self-Study Package:. Basic Self-Study Package Series 7. Are you preparing for more than just the Series 7?
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