Is the Series 7 harder than the bar exam?

Any state bar exam as well as the UBE (Uniform Bar Exam) is much more difficult than the Series 7 exam taken to become a stock broker. It takes 3 years of intense study to get through law school after which most take a 2 or 3 month bar review course prior to sitting for the bar exam.

What is the pass rate of the Series 7?

around 65\%
On average, the pass rate for the Series 7 exam is around 65\%. Comparatively, about 86\% of candidates pass the Series 63 on their first attempt.

How long does it take to study for Series 7?

You need to spend 80-100 hours studying for the FINRA Series 7 exam if you have a finance background and about 150 if you don’t. The first thing you should do is lay out a study plan that ensures you put those hours in.

Is getting a Series 7 worth it?

Typically, the Series 7 is the better choice if you’re interested in selling individual securities either now or in the future. Plus, once the Series 7 is completed, no additional exam is required.

Can you use a calculator on the Series 7?

The exam environment is highly regulated. When going into the exam, the testing center will provide you with a basic 4-function calculator, an erasable marker and an erasable note pad. You cannot bring any of your own materials to the exam. This will help make you more comfortable on exam day.

Is Series 7 Easy?

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 hard is the series 7 exam?

How difficult is the Series 7 exam? Like all exams, the test becomes easier the more you do to prepare for it. The general consensus is that the Series 7 is less comprehensive, and therefore slightly easier to pass, than the CFA exams, but only 65\% successfully make it through the Series 7 on their first time, so the pressure is on.

Is PHR exam difficult?

The PHR exam is very difficult. It has the distinction of having one of the lowest passing rates among recognized, widely-used standardized tests, and it appears to be getting more difficult to pass every year. In recent years, the percentage of people passing the PHR exam has hovered around only 60 percent, sometimes going as low as 56 percent.

What is series 7 training?

Series 7 LIcensing – Training And Exam Prep Courses. A Series 7 license qualifies a candidate for the solicitation, purchase, and/or sale of all securities products, including corporate securities, municipal securities, municipal fund securities, options, direct participation programs, investment company products, and variable contracts.