About the Series 7 Examination

Facts about the Series 7 Examination!

• Approximately 50-60,000 Series 7 Examinations given each year
• Number of questions: 250 multiple choice on the Series 7 test
• Testing Hours: 6 hours - exam broken into two 3-hour segments

This information will help you better define a study schedule to earn your Series 7 License. To see and understand which topics are more important view pie chart for breakdown of Series 7 examination.

• Debt – 40 hours of study, exam covers at least 50 questions (chapter 2)
• Options – 32 hours, exam covers at least 40 questions (chapter 3)
  Helpful Flashcards for Options
• Regulations – 32 hours, exam covers at least 40 questions (chapter 9)

These three sections you will find the most difficult – spend at least 104 hours in study. The Series 7 exam will cover at least 130 questions focused on Debt, Options, and Regulations of the 250-question exam. You MUST know these topics!

• Customer Accounts – 20 hours of study, exam covers at least 25 questions (chapter 5)
• Trading Markets – 16 hours, exam covers at least 20 questions (chapter 4)
• Investment Companies – 16 hours, exam covers at least 20 questions (chapter 7)
• Taxes & Tax Shelters – 12 hours, exam covers at least 15 questions (chapter 8)
• Analysis – 12 hours, exam covers at least 15 questions (chapter 10)
• New Issues – 12 hours, exam covers at least 15 questions (chapter 6)
• Equities – 8 hours, exam covers at least 10 questions (chapter 1)

Adjust your study time accordingly. Series 7 Training Tools

Please do not underestimate the level of complexity of the Series 7 test, particularly Debt, Options and Regulations.

If you are having difficulties with these topics or concepts and would like to consider a review class, See Series 7 class locations and dates.

Contact Keir Educational Resources for instructor assistance. Reach us by email or call us at 800-795-5347.