Varsity Tutors can find you a certified Series 7 exam coach in as little as 24 hours. The Series 7, or General Securities Representative Qualification Exam, is a high-stakes test that you must pass to register as a licensed General Securities Representative. Standardized tests can be challenging to prepare for, but you can do it with the right Series 7 exam training tools. Please continue reading to learn more about how easy it can be to connect with Series 7 exam tutors!
The Series 7 is an electronic multiple-choice test written by the Financial Industry Regulatory Authority (FINRA) to assess the competency of entry-level financial professionals to perform the professional duties expected of a general securities representative. Candidates must pass both the Series 7 and a separate Securities Industry Essentials (SIE) examination to obtain licensure as a U.S. stockbroker.
You must be sponsored by either a FINRA member firm or self-regulatory organization (SRO) to sit for the Series 7. The exam itself consists of 125 multiple-choice questions administered over a testing session lasting 225 minutes. Topics covered include (but are not limited to) investment risk, equity, debt instruments, packaged securities, and taxation. You are also tested on your knowledge of FINRA rules, including Risk Disclosure statements and Know Your Customer (KYC) regulations. You must score at least a 72 in order to pass the exam. If that sounds like too many things to memorize at once, Series 7 exam tutors can break down everything you need to know into more digestible components to make your study time more efficient.
The Series 7 is administered electronically at testing centers nationwide. You are charged $245 per exam attempt, so it pays to get your test prep right for your first attempt. If standardized test prep has never been your forte, you can trust us to find you an academic mentor who can set you up for success.
What makes Series 7 exam tutoring such a great way to prepare for my exam?
While many Series 7 prep options follow set curricula with minimal room to adapt to any individual student's needs, we can refer you to Series 7 exam tutors who can design a customized study plan around your needs. If you already understand the intricacies of retirement plans, your instructor can concentrate on other topics to keep your sessions as productive as possible. If you're having a tougher time matching investment products with suitable customers, your private educator can provide fresh examples and explanations until you feel comfortable moving on. After all, an investor approaching retirement is unlikely to have the same level of risk tolerance as somebody who just started working.
Likewise, Series 7 exam tutors can design study sessions around your innate learning style to improve their efficiency. If you're a visual learner, your instructor can use color-coded graphs and charts to help you understand risk. If you're more of an auditory learner, your instructor can adopt a Q&A discussion format to help the information stick in your mind. You can even work on sample problems if you're a hands-on learner who has to do something to understand it. There is no wrong way to prepare for a standardized exam, so why not embrace a methodology that makes sense for you?
A private instructor can also provide personalized attention as you work toward your educational goals. Since you are the only student who your mentor is working with, any questions you ask can be answered reliably and promptly. A private instructor can also review completed assignments with you more quickly than somebody with dozens of papers to grade, making it easier to learn from your mistakes. Your mentor can even look for ways to incorporate your hobbies into your study sessions to make them more engaging.
You can also work on your broader study skills during your private study sessions. For example, many of the concepts above include a quantitative component. If you're concerned that your math skills may not be up to snuff, your instructor can backtrack to any foundational skills you need a refresher on. Likewise, your instructor can help you organize your study materials if you struggle to find what you need when you need it.
While content knowledge is obviously important for any high-stakes test, your instructor can also share test-taking tips to help you feel more confident heading into your exam. For instance, FINRA tests are notorious for deceptively-worded questions. Your teacher can point out common pitfalls so you know exactly what to watch for on exam day. Similarly, there is no penalty for guessing on the Series 7. Your private instructor can teach you how to eliminate some of the incorrect answer choices to raise the efficacy of any guesses you make.
You can also take practice exams under realistic test-taking conditions to help you feel more prepared. If you are apprehensive about taking an electronic exam, practicing with the Series 7's interface could ease the butterflies floating around in your stomach. Experiencing how long you have to finish firsthand can also help you budget your time more effectively on test day. You can even go over your answers with your instructor to help you identify where you are making progress and any areas of opportunity that could use a bit more work.
Where can I find professional Series 7 exam training?
We understand that you already have a lot on your plate, so we do everything in our power to make private Series 7 exam tutoring more accessible. Our experts do all of the work that goes into finding you a great mentor so you don't have to worry about a thing. We can also facilitate your choice of online or in-person instruction to best suit your unique needs.
If you opt to study online, your study sessions will take place on our mobile-friendly Live Learning Platform so you don't have to worry about commuting out of your way. Our platform is accessible anywhere with a stable internet connection, including your home or a local library. As such, you are free to choose your preferred learning environment. Furthermore, our Live Learning Platform is equipped with a multitude of powerful features to improve your study experience.
For example, your instructor can use our platform's virtual whiteboard to illustrate the differences between common and preferred stock. Video chat functionality also facilitates real-time communication, allowing you to practice client interactions by role-playing with your teacher. A shared document editor and integrated practice problems also allow your instructor to evaluate your work, helping them identify why you might be struggling with a given concept. Perhaps most importantly, our platform automatically records every study session for future reference. If you ever need a refresher on account registration types, you can revisit previous sessions on-demand.
How can I find Series 7 exam tutoring right away?
Private instruction can be a great way to make the most of the educational opportunities available to you, but only if you're working with an expert Series 7 exam coach who suits your academic and scheduling needs. Varsity Tutors is ready and willing to find you a great private instructor, so contact us by phone or online to learn more about how we could help you! Friendly Educational Consultants are available to answer any questions you may have.