Tips For Passing the Series 7 Exam

The Series 7 Exam is a test designed to ensure that those who deal securities as registered agents are qualified to do so. It is considered by most to be a difficult exam and many professionals must take it at least a few times in order to get the required grade of 70 percent or higher. But with the right kind of study, you can pass the Series 7 Exam with flying colors: here are some tips.

--Invest in a good study program specifically geared toward helping you pass the Series 7 Exam. The easiest place to find these is online. You can get textbooks, sample exams, audio CDs and even take "virtual classes" via DVD. The advantage of using a DVD instead of attending live classes is that you can stop the program whenever you need to or rewind and go through difficult material as often as you need until you fully comprehend it.

--Check the internet: there are plenty of sites that offer specifics on what kinds of areas are likely to be focused on. These can include tax law, closing trades and marketing techniques to promote your firm. Between buying a study program and doing your own research online, you should have all the information you need: all you have left to do is study.

--Study using metacognitive skills: It is not enough to just review the material and "get through it." You must actively train yourself to stop and self-test yourself on the various concepts. If you really aren't "getting it," stop and go over it again and again until you do. Use mnemonic devices and other strategies to help with retention: they really work come test time!

--Get plenty of sleep and don't try to cram the night before taking the test: by that time you either know it or you don't. Relax and take a deep breath. If you've done everything you can to study hard and learn the material, you should do just fine.

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