How hard is a Series 7 exam?
Is the Series 7 Exam Difficult.
Clocking in at 125 questions to be answered in three hours and 45 minutes, the Series 7 exam is considered the most difficult of all the securities licensing exams.
The minimum passing score is 72, which may not seem that difficult..
How do I get my Series 7 license?
The Series 7 is generally preferred by banks and broker dealers for new recruits coming directly into the financial services industry….Here are the steps to follow to earn your license.Step 1: Take and Pass the SIE Exam. … Step 2: Secure a Sponsorship. … Step 3: Study for the Series 7 Exam. … Step 4: Pass the Series 7 Exam.
How much does a Series 7 license cost?
FINRA Representative-level ExamsDurationCostSeries 6 – Investment Company and Variable Contracts Products Representative Exam1 hour and 30 minutes$40Series 7 – General Securities Representative Exam3 hours and 45 minutes$245Series 22 – Direct Participation Programs Limited Representative Exam1 hour and 30 minutes$405 more rows
How long does it take to get your Series 7 license?
How Long To Study For Series 7 Licensing: Recommended Study Time To Pass Your Series 7 Exam: You should plan to spend between 100-150 hours in preparing for both the SIE and Top-Off exams.
Is Series 7 harder than CPA?
Series 7 is one exam with a pass rate of around 65%. CPA is 4 exams, each of which have a pass rate around 50%. Based on these numbers alone the CPA is easier. … CPA also covers a lot more ground than the 7.
Is Series 7 or 66 Harder?
The Series 66 exam contains topics covered in the Series 63 and Series 65 exams without duplication of the Series 7. Generally, for those persons with the Series 7 license, the Series 66 exam is easier to pass than the Series 65. … The Series 66 exam costs $165 to take.