Series 7 Exam

General Securities Registered Representative Examination Prep Course

Online

Series 7 License$190.00

Series 7 General Securities Registered Representative
Online Exam Prep Course

This exam is administered by the Financial Industry Regulatory Authority (FINRA) and provides an individual with the qualifications necessary in order to make different types of trades with all types of corporate securities, except commodities and futures. It is also one of the steps necessary in order for a member firm associate to register with the FINRA. The Series 7 exam must be passed in order to take many other principal exams offered by the FINRA.

The Series 7 Online course provides you with everything that you need to pass the Series 7 Exam. It is presented in an interactive online format and available within are supplementary materials, including downloadable PDFs of the actual course materials, that have been added to enhance your learning experience. The Series 7 Online course contains all of the same materials and questions available in the Series 7 Textbook and Exam Prep software package but for your convenience everything has been made available in our interactive online format.

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Textbook

$153.90

Series 7 General Securities Registered Representative Textbook

(Pub. 2007, 480+ pages)

The Series 7 Textbook provides you with all the information that you need to pass the Series 7 Exam. It will be shipped upon purchase in textbook format within 5 – 7 business days. All shipping charges are included in the course pricing.

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Software

$108.90

Series 7 General Securities Registered Representative
Exam Prep Software

Over 1,500 Questions! (Software Never Expires)

The Series 7 Exam Prep Software contains a test bank of over 1,500 multiple choice questions. These questions have been prepared from the Series 7 course material and are similar to the questions given during the actual Series 7 Exam. Upon purchase the Series 7 Exam Prep Software will be sent immediately to the email address given during registration.

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Exam Info

Exam Info

Time Limit: 6 Hours (the series 7 exam is broken into two parts, each has a time limit of 3 hours)
Number of Questions: 260 total. 125 for each part, and 10 pre-test questions that do not count towards the exam grade (and are not indicated in the exam).
Passing Score: 70%
Format: Multiple Choice
Enrollment Fee: $250 US. This includes a $110 examination enrollment fee, and a $90 NYSE development fee. Please visit the FINRA Registration/Exam Fee Schedule for more information.
Pre-requisites: You must be sponsored by a firm who is a member of FINRA or is a Self Regulatory Organization (SRO).
Corequisites: N/A
Exam Date(s): Any weekday
Exam Locations: Find your U.S. or international exam center
Official Exam Website: http://www.finra.org/

Description

Course Description

The Series 7 license exam is required by most broker-dealers for their registered representatives. The general Securities Registered Representative license entitles the holder to sell all types of securities products, with the exception of commodities futures (which requires a Series 3 license). This course will prepare you for the Series 7 exam by covering areas tested by FINRA. Series 7 serves as a prerequisite for most of FINRA’s principal examinations, and is the most comprehensive of the FINRA representative licenses.

This course covers the solicitation, purchase, and sale of a broad range of investment products, including stocks, bonds, mutual funds, municipal securities, options and direct participation programs. This course also examines areas such as options, debt securities, taxes, investment banking, financial statements, law, FINRA, investment companies, municipal securities, trading, margins, securities analysis, economics, self-regulatory organizations (SROs) and many more.

Each section contains practice quizzes to sharpen test-taking skills. Feedback rationale for each question clarifies key points and improves retention. The course concludes with five practice finals (over 1200 questions) that simulate the actual FINRA exam and help to ensure exam readiness. Study emphasis should be placed on the quizzes and final exams; successful completion indicates your progress in preparation for the license exam.

Learning Objectives

  • Describe the general characteristics of equity securities, which include aspects of stocks and government securities, rights and warrants, computations of interest, yield and price. Learn how to make recommendations to customers.
  • Summarize the economics of the business cycle, effects of inflation, investment analysis, currency markets and exchange rates. Learn about the money market and the sources of economic and business performance data.
  • Distinguish various types of customer accounts and their management by third parties. Learn how and why accounts are closed or transferred.
  • Calculate the required information for margin accounts and learn about short sales.
  • Define trading, which includes types of orders, the consolidated tape and collecting information on stocks and bonds.
  • Identify the general characteristics of municipal securities, their types and marketability. Learn the methods of underwriting and the analysis of bonds.
  • Describe the purpose and types of investment companies, the types of mutual funds and their marketing and the rules and legalities of investment companies.
  • Summarize the purpose of the FINRA and the conduct, rules and definition of the Registered Representative.
  • Discuss the standards for public communications and the over-the-counter markets. Learn the purpose and functions of a back office.
  • List securities acts and legislation, the variations in offerings, methods of underwriting and compensations considerations.
  • Examine financial statements, which include components of a balance sheet, their calculations, effects of transactions on the balance sheet and income statements.
  • Learn the taxation concepts for various taxable incomes, tax swaps, gifts, estate taxes and retirement plans.
  • Describe the definition, structure and documentation of direct participation programs and the rights, obligations and restrictions on partners.
  • Identify the characteristics of corporations and limited partnerships.
  • Predict the tax consequences for partners, and the objectives of real estate syndications, oil and gas drilling programs and leasing programs.
  • Define the concepts and terms of options. Understand how to calculate the value of an option position and the use of various strategies. Learn the various types of spreads and options.

Special Packages!

$208.90

Series 7 Textbook and Exam Prep Software Package

The Series 7 Textbook and Exam Prep Software package is a combination of the Series 7 Textbook and Series 7 Exam Prep Software. If you choose to buy these as a package you will save yourself $20. Information about each individual course is available below.


Series 7 Training$240.00

Series 7 and 63 Online Exam Prep Course Package

This package is a combination of the Series 7 and Series 63 Online Exam Prep Course. If you choose to buy these as a package you will save yourself $60.


$258.95

Series 7 and 63 Textbook and Exam Prep Software Package

This package is a combination of the Series 7 and Series 63 Textbook and Exam Prep Software. If you choose to buy these as a package you will save yourself $45.94.


$235.00

Series 7 and 66 Online Exam Prep Course Package

This package is a combination of the Series 7 and Series 66 Online Exam Prep Course. If you choose to buy these as a package you will save yourself $60.


$253.90

Series 7 and 66 Textbook and Exam Prep Software Package

This package is a combination of the Series 7 and Series 66 Textbook and Exam Prep Software. If you choose to buy these as a package you will save yourself $45.94.

Other Training Areas Contact Us


4321 Lakeway Blvd.
Lakeway, TX 78734 USA

1-877-251-4387 : phone (24x7)
1-888-742-6518 : fax