To become a licened stockbroker, you must pass the series 7 exam. The test is 250 questions and is delivered in 2 sections. Each section of the examination is 3 hours long. You do not need to take up all of that time during the Series 7.
The passing grade for the test is 70% and your score is compiled as soon as you finish. The examination is given on computer in a multiple choice format. Students must answer each question during the test. You have an option to change your answers after the exam is finished, before submitting the final selection to end the test.
People looking to get in the industry should familiarize themselves with the Series 7. Once you are hired by a brokerage firm, you can sit for the examination and get your series 7 license.
Study Material
American Investment Training's Series 7 study prep course is available for purchase with free shipping here through Google Checkout
Book and CD Course - This is a full 5 book set with 2 main volumes, one glossary book of examination test terms, expanded chapter exam book of the most imporant sections of the test such as Options, Bonds and Regulations. The 5th book in the set is a final exam book of 9 updated and exam tough tests. A 7000 question CD rom is very challenging. This also has an interactive glossary in the program.
Study what the pros study with - American Investment Training.
Full support comes from American Investment Training - You can view more specifics from their Series 7 Site Page and buy with free shipping here. Important descriptions will be shown below when you select your course method to purchase.
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