r/Series7

Test is scheduled for last day of August. I’m currently on Chapter 13 of 20 for STC. On my first attempts for each chapter quiz, I am averaging 70-75%.

I feel like I still do have a lot of time but also feel like I don’t have enough time. My goal would be to finish the last 7 chapters by next wednesday and that would give me about 10-12 days to review material and take practice tests.

Does that sound do-able? I am getting in about 4 hours a day of studying since I work full time. I can push back my test if needed but I’d rather not. Just feel like there is so much information. I passed SIE first time after having no finance background whatsoever, but I know the 7 is a different beast.

Anyone in a similar boat? Or any advice?

Hey all, I’m a 21 year old who recently got a firm sponsor to take the series 7. For some context, I have passed the SIE and the life and Health insurance exams this summer, I’m aspiring to be a FA, I am currently in College going into my final year, and I am also getting married in October. I have a bit of a unique situation and so getting squared away to take the 7 has given me a lot of stress. I’m pretty much wrapped up with the book part of it through STC which I’m sure isn’t even 1/3 of the studying that goes into the 7. Starting next week I start college and will be there on Mondays and Wednesdays leaving me Tuesdays, Thursdays, Fridays, and Saturdays to study. I’m assuming I can put in 2-4 hours a day to study. I was planning on taking it mid October to early November after my wedding but I’m not sure if that’s too long or not enough time. I know STC only offers 8 finals which doesn’t seem to be enough so I was maybe thinking about getting another vendor strictly for tests if anyone has recommendations? My main question is how long do I prolong the study time without it becoming too long or too short? I know this is a beast of a test and would really like to get this done so I can move onto the 66 all before I even graduate college which would put me way ahead of the curve. Thank you all that respond!

Today I finally passed my Series 7, after about 4 weeks of studying. In the past few months I was able to take my SIE, 63, 65, & 7.

Passing the first three, secured my position in a WM firm, where I was then sponsored for the 7.

I am so glad to finally be done, but I’m also going to miss the study grind. I still have a couple insurance exams to go, but as far as I’m aware, those should be pretty easy in comparison.

Tips for the 7:

KNOW YOUR OPTIONS!!!

This goes well past knowing options calculations and break evens, the exam will push you to actually apply options strategies to get a certain result, which was a big surprise to me. You should also know how expiring options/exercise works.

Margin I got 1 question, balance sheets I got 1 question.

A few of the suitability questions can be complex.

Exam is bond heavy.

Overall though, I was scoring very high on my PassPerfect practice tests, and as a result, the exam really wasn’t bad.

About half way in I was hyper focusing on things I got confused about, but then I remembered inch by inch the tests a sinch, yard by yard, the test is hard (or whatever he says.)

Anyways, if I can give you any advice, just read the damn book, none of these YouTube videos will give you the in depth knowledge that the you truly need for this exam, you need extensive exposure to the topics.