Top Four Tips For Passing the Series 7 Exam
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Posted On :
Apr-22-2015
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Article Word Count :
547
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Working as a general securities representative means you’ll have to pass the Series 7 exam. This test measures your understanding of concepts you’ll need to know as an entry-level representative.
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Working as a general securities representative means you’ll have to pass the Series 7 exam. This test measures your understanding of concepts you’ll need to know as an entry-level representative. You won’t be able to get a job as a representative until you pass this basic qualification. Since the Series 7 exam is grueling, the key to getting through this challenge is to study and prepare. Although you may be able to study on your own with a study guide, with so much on the line, and so much pressure to perform, consider enrolling in a course designed to prepare you specifically for this test. Knopman Marks Financial Training offers several options for those who want to qualify for work in the securities industry. You can choose from live, online or individual learning packages. Here are some tips that will help you prepare for your exam.
Understand Concepts
Most study guides include both conceptual information and practice tests. Don’t take shortcuts by attempting to memorize answers. That can backfire because your exam will not use the same questions or wording as your practice tests. Your study materials are meant to help you learn the concepts you’ll need to apply in various scenarios. Memorization can be a part of learning about any topic, but it isn’t the key to preparing for your exam.
Use Current Study Guides
Whether you’re preparing by taking a class, or using study materials, make sure you have the latest information. Assessing your knowledge of rules and regulations is a part of the exam, and regulatory information changes from year to year. Staying up to date on the rules that govern the industry will be a part of your job as a securities representative. If you study with out-of-date materials, you’ll risk failing your exam.
Prepare Physically and Mentally
The Series 7 exam consists of 260 questions, and you will have six hours to answer all of them. Even though the test is split into two three-hour sections of 130 questions, that is still a marathon of an exam. Be sure you have practiced taking tests that simulate the conditions you’ll have to endure during the exam. If you enroll in a course, ask if simulations will be part of your preparation. Even if this isn’t included in your package, you can practice on your own. The conditions in the exam room may be spartan. You won’t be allowed to have food or drink, and personal belongings will be limited. Prepare yourself physically and mentally to endure sitting and thinking for three hours at a time.
Study More Than You Think You’ll Need To
As with most other tests, it’s better to be over prepared than underprepared. To pass the Series 7 exam, you need a score of 72 percent. You’ll be scored on 250 of the 260 questions. If you’re scoring 72 percent in practice, keep studying. If you can study for a minimum score of 75 percent, you’ll not only feel more confident, but you’ll have a bit of a cushion in case something unforeseen comes up.
The Series 7 exam is long and difficult. Prepare yourself by enrolling in a class and by keeping good study habits.
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Article Source :
http://www.articleseen.com/Article_Top Four Tips For Passing the Series 7 Exam_316965.aspx
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Author Resource :
Stacy Toolson is a writer that simply loves words. She can spend hours discussing 'their' vs 'there', and the placement of an Oxford comma. She first started writing when she went online to find something about her labradoodle, and couldn't find anything. Since then, she's written on apps, electronics, marketing, schooling, pets, and more.Visit at knopman for more info.
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Keywords :
Series 7 Exam Prep, series 63 exam,
Category :
Finance
:
Finance
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