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The Series 7 exam — the General Securities Representative Qualification Examination (GS) — assesses the competency of an entry-level registered representative to perform their job as a general securities representative.
The Series 7 is a three-hour, forty-five-minute exam. [1] It is held in one four-hour session. There are 125 questions on the test. Candidates have to score at least 72% to pass. The SIE Exam and the Series 7 Exam are co-requisite exams. [9] Average study time is between 80 and 150 hours depending on current financial knowledge. [10]
19 paź 2023 · The Series 7 exam is a General Securities Representative Qualification Examination (GS) that assesses an entry-level representative's ability to do their job as a general securities representative.
Candidates will be allowed 3 hours and 45 minutes to complete the Series 7 exam. All candidate test scores are placed on a common scale using a statistical adjustment process known as equating.
Length: 3 hours 45 minutes. Cost: $245. Delivery Method: Computer. You’ll have 3 hours and 45 minutes to complete the Series 7 test, giving you around a minute and 48 seconds per question. There are no penalties for incorrect answers, so it’s in your best interest to put down an answer for everything and guess when you’re not sure.
What is the format and length of the Series 7 Exam? The Series 7 exam consists of 125 multiple-choice questions administered over a total testing time of 225 minutes (3 hours and 45 minutes). The exam is divided into two parts, with a 10-minute break in between.
The Series 7 exam comprises 125 multiple-choice questions that candidates are required to complete within 3 hours and 45 minutes. It means that the candidate is allowed one minute and 48 seconds per question. The passing score for the exam is 72%, which candidates must achieve to obtain a practicing license.
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powiązane z: series 7 exam lengthTrack historical test performance with our custom dashboards. Prepare for your Series 7 tests with our 2024/25 Series 7 test package.