Per FINRA: Individuals who apply for registration as a representative prior to September 30, 2018, will be required to pass the current representative-level exam appropriate to that registration category, not the revised version. Where do candidates get the study guide/books to prepare for the SIE exam? If you take the SIE and don’t find a job at a FINRA-member firm within 4 years, you’ll have to retake the exam. Enroll in The Premium Package: Learn Financial Statement Modeling, DCF, M&A, LBO and Comps. Kaplan Financial Education's securities licensing exam prep packages provide all the necessary tools to help you prepare, practice, and perform on the FINRA ® Securities Industry Essentials (SIE) Exam. Build simulated exams to provide a comprehensive test review of all material. FINRA has priced the exam accordingly at $60. If you don't receive the email, be sure to check your spam folder before requesting the files again. Not sure about the others but Kaplan study materials for the SIE have about zero to do with the actual test questions. Units contain key topics and terms, multiple graphics, exercises, quizzes, and discussion questions to help you learn faster and … Kaplan’s team of experts builds the content with a focus on the most recent rules and regulations. Rarely do people retain content after only reading material once. In addition, such individuals will not be required to pass the SIE in order to register as a representative. Repetition is best spaced out. Similar to the Series 7, it will be shortened and become a corequisite (“top off”) to the SIE. 2. Review of the reading material, and problem set questions, reinforce concepts and question-types. We offer a variety of instruction options and exam prep study tools to best suit your learning style and schedule. Our site will be unavailable for 5 hours starting on Monday, November 16th from 10:00pm and ending at 3:00am CT on Tuesday, November 17th for maintenance. Complete the exams online or download and print them out. The same training program used at top investment banks. You should meet some of the cavemen I know who’ve managed to pass it. The text contains everything you need to know for the exam, broken down into easily digestible units. Is there any company offering Series 22 study materials now? Most of the useful calculations one learns for the test are done by computers in the real world, and most of the ethics questions are obvious, making this the most pointless barrier-to-entry exam being given in the United States today. FINRA has not yet administered the SIE, nor have they provided a passing score, so a full discussion on how to prepare is premature. The Mastery Exam is similar to the Practice Exam and provides an additional simulated exam with unique questions. Combine your study package with additional study tools or use them on their own to prepare for your qualification exam. The pre-SIE Series 7 was a 6 hour, 250 multiple-choice question exam that covered general financial knowledge as well as product-specific knowledge. Learn financial statement modeling, DCF, M&A, LBO, Comps and Excel shortcuts. Maximize your study time and refresh your memory with our QuickSheet. Given that the exam is far shorter and focuses on basic industry knowledge, we suspect it will basically be a Series 7 “light.” If that turns out to be the case, SIE exam prep will likely be a mercifully shorter version of Series 7 exam prep. However, if such individuals fail to pass the current representative-level exam and the next eligibility date for retaking the exam is on or after October 1, 2018, they will be required to pass the SIE and the revised representative-level qualification exam in order to register as a representative. Such individuals may take the SIE and the revised representative-level exam at the next available date on or after October 1, 2018. The downloadable audio version of License Exam Manual helps reinforce your understanding of the content covered in your qualification exam while you are on a commute, at home, or in the gym. The new exam places greater focus on product-specific knowledge. (We will be updating this list with prices and more details once the providers make their SIE study materials available. If you join a member firm but leave, as long as you return to a member firm within 4 years, you will not need to retake the SIE. Practice your test-taking skills, drill into specific topics, and test your knowledge with exam-focused questions. Test your knowledge on fundamental securities terms and prepare for the exam with hundreds of review terms. Track time spent on a question and/or exam. The QBank also gives you the ability to: The Practice Exam is designed to closely replicate the true exam experience in terms of the degree of difficulty, timing, format, and topical coverage. study schedule (note calendar above) 3 KEY REASONS TO PERIODICALLY REVIEW: 1. Most states (including New York) require any professionals who carry the Series 7 and several other Series exams licenses to also pass the much easier and shorter Series 63 Uniform Securities Agent license (or the Series 65 or Series 66, depending on their roles). However, we can see from FINRA's SIE content outline that there appears to be significant overlap with the previous Series 7. It features unlimited exam attempts that are randomly generated. Practice your exam-taking technique while learning more about key topics. It will go from a 5-hour, 175 question multiple choice exam to a 2 hour, 30 minute exam with 75 multiple choice questions. The individual Series Exams will be trimmed down to focus on content specific to the roles relevant to those exams. This exam can be taken only once and provides unique practice questions that you haven’t seen at this point in your studies. ): The Series 7 is the most widely administered FINRA exam. There are several Series Exam training providers. Is there an exact date for the first round of SIE testings? Find in-depth rationales for each question and locate where you can learn more. (We will be updating this list with prices and more details once the providers make their SIE study materials available. With the SIE, instead of just taking the Series 7, you will need to pass both the SIE and a new, shortened version of the Series 7. SIE Exam Study Guide Final Exam Take this practice test to check your existing knowledge of the course material. It allows you to see areas of strength and weakness on your Performance Tracker without answers and rationales for every question. Unlike the Series 7, Series 79 or any other Series Exam, you do not need to be sponsored by an employer to take the SIE. So an investment banker practicing in New York will likely need to take the SIE, the Series 79 (or Series 7) and the Series 63.