If you feel that you could benefit from formal Series 27 test prep, Varsity Tutors offers one-on-one Series 27 classes to help you work toward your professional goals. Series 27 (alternatively called Financial and Operations Principal Qualification Examination FN) is a standardized exam administered by the Financial Industry Regulatory Authority (FINRA) to assess whether a FINOP (Financial and Operations Principal) candidate has the skills required to perform the professional duties of a Chief Financial Officer (CFO). If you want to take your Series 27 prep to the next level, let us connect you with private Series 27 tutoring services today!
The first step in any Series 27 prep program is developing a familiarity with the formatting and content you should expect on exam day. The test consists of 145 questions, so you might want to concentrate on building up your intellectual stamina during Series 27 test preparation. The exam is also timed, so you might take practice tests during your Series 27 course to help you budget your time effectively. FINRA exams are notorious for deceptively-worded questions, so completing practice exams may also help you understand which response the exam is looking for when none of them make sense.
Once you are comfortable with the structure of the test, your Series 27 test prep can move on to specific content areas. The table below breaks down all five of the test's primary functions:
Series 27 Sections | Focus | # Questions |
Function 1 | Financial Reporting | 25 |
Function 2 | Operations, General Securities Industry Regulations, and Preservation of Books and Records | 42 |
Function 3 | Customer Protection | 24 |
Function 4 | Net Capital | 41 |
Function 5 | Funding and Cash Management | 13 |
Private Series 27 preparation services allow you to spend as much time as you need to on each of these topics. Funding/Cash Management and Customer Protection are the smallest sections in terms of question quantity, so large Series 27 courses often overlook them in favor of other subjects. However, private Series 27 tutors can still go over them with you if you feel that you need to do so.
Private Series 27 test prep can also be adapted to your unique needs. For example, a visual learner might benefit from looking at financial regulations displayed in a chart so that the visual can stick in their mind. In contrast, an auditory learner might get more out of oral repetitions of the same info. Either way, any questions you have may be addressed immediately as you are your instructor's sole pupil during your Series 27 class. Most standard Series 27 prep services lack the same level of flexibility to adapt to an individual student's needs.
Varsity Tutors also tries to make Series 27 test prep as accessible as possible. You may meet with your instructor on our Live Learning Platform, an online classroom with powerful features such as video chat functionality to take the hassle out of face-to-face tutoring. We also try to refer every student to a knowledgeable instructor who meets their scheduling needs for added convenience. We understand how busy you are as a working professional, so we design all of our test prep solutions to be as easy for you as possible.
The Series 27 is challenging, but passing it has many benefits. Here is a list of what you can do with a Series 27 license:
Permitted Activities by Passing Series 27
- Back office operations supervision
- Supervision of the preparation and maintenance of a member firm's books and records
- Supervision of compliance with financial responsibility rules that apply to self-clearing broker-dealers and market makers
If you would like to learn more about our Series 27 prep options, please reach out to Varsity Tutors today for more information. Educational Directors are standing by to answer any concerns you may have!
Peter: Series 27 test prep instructor
...offices. One was regional office and the other a national position. I sat in on the meetings when FINRA changed the Series 7 test from a single 6 hour exam to the present two exams being the SIE and the Series 7 top off. I passed the Series 3 exam, the National Commodities Futures Exam. If you want to obtain the SIE license, you probably are in one of these categories. You may be doing...
Education & Certification
- Rensselaer Polytechnic Institute - Bachelor of Science, Materials Engineering
- California University of Pennsylvania - Master of Science, Mathematics and Statistics
Subject Expertise
- Series 27
- Series 65
- Series 7 - General Securities Representative Exam (Stockbroker)
- Series 9
- +42 subjects
Mary: Series 27 test prep instructor
...Switzerland within the Treasury Group where I priced, hedged, executed, and made markets on OTC derivatives, structured product and warrants held by the coveted AAA balance sheet. This multi-year experience proved to be mutually beneficial both to my professional career, as it was for the bank's global securities businesses (particularly US Equities and Swiss Treasury) that I diligently represented resulting in increasing customer business and attractive risk adjusted return on capital (RAROC). My career trajectory...
Education & Certification
- Dickinson College - Bachelor in Arts, Economics
- Northwestern University - Masters in Business Administration, Finance
Subject Expertise
- Series 27
- Series 52
- Series 14A - NYSE DMM Compliance Official Examination
- CAIA Level I
- +109 subjects
James: Series 27 test prep instructor
...3, 4, 7, 15, 24, 27, 53, and 63. As the firm's primary SEC Licensed Principal, I grew this financial services conglomerate to $21 million in annual revenues, with over $700 million in customer assets under management, and employed approximately 300 licensed personnel. I coordinated and managed all functions of the holding company and its subsidiaries, which included a national brokerage firm, a commodity firm, an insurance firm, a market-making brokerage firm, and a facilities...
Education & Certification
- University of Illinois at Urbana-Champaign - Bachelor in Arts, Business, General
Subject Expertise
- Series 27
- Series 7
- Series 24
- FINRA - Financial Industry Regulatory Authority
- +24 subjects
Jim: Series 27 test prep instructor
...understanding of many different areas. I will do my best to help the student by simplifying the material and using everyday tasks as examples. Exams I have taken (and passed on the first try): Series 7 (General Securities), Series 24 (General Securities Principal), Series 4 (Registered Options Principal), Series 27 (Financial and Operations Principal), Series 53 (Municipal Securities Principal), Series 66 (Investment Advisor Representative) and PA Life and Health Insurance agent exam. My goal is...
Education & Certification
- Pennsylvania State University-Main Campus - Bachelor of Science, Finance
Subject Expertise
- Series 27
- Series 4
- Series 24
- SIE
- +16 subjects