How long does it take to study for Series 6 and 63?
Most candidates spend 40 to 60 hours studying for the FINRA Series 6 exam.
What is the Series 6 and 63 exam?
Like the Series 6 license, the Series 63 license was developed by the NASAA. However, the goal of this license is to help states approve candidates to operate as securities representatives within their own boundaries. Thus, while the Series 6 license exam covers federal regulations, the Series 63 covers state issues.
How difficult is the Series 6 exam?
The Series 6 is a tough exam, especially for those who find it is their first introduction to the world of securities. In this article, we’ll give you six additional easy tips on how to approach the information and proven techniques for studying for and taking the test.
How many hours should you study for the Series 63?
Most candidates spend 30–40 hours studying for the FINRA Series 63. Best practices suggest that you spread those hours over about 10 days.
Is Series 6 or 7 harder?
The Series 6 and the Series 7 are two of the most popular of what FINRA calls its qualification exams. Of the two, the Series 7 is the tougher but more comprehensive exam.
Should I take Series 6 or 63 first?
In order to use your Series 6 license in your state, you must pass the state’s version of the Series 63 license exam. If you move from one state to another, you must take your new state’s Series 63 exam to begin working in the securities or insurance industries in that state.
How much does Series 6 cost?
FINRA Representative-level Exams
Duration | Cost | |
---|---|---|
Series 6 – Investment Company and Variable Contracts Products Representative Exam | 1 hour and 30 minutes | $40 |
Series 7 – General Securities Representative Exam | 3 hours and 45 minutes | $245 |
Series 22 – Direct Participation Programs Limited Representative Exam | 1 hour and 30 minutes | $40 |
What is the pass rate for Series 63?
98.36%
The Series 63 pass rate was 98.36%, and the Series 66—one of the most difficult exams—had a pass rate of 88.46%. The firm’s overall pass rate across all exams was 99%.
Can I take the Series 6 exam without a sponsor?
You must be sponsored by a member of FINRA (formerly NASD) or a Self-Regulatory Organization. You will not be able to sit for the Series 6 exam without a sponsor. The Series 6 test includes a 50-question, multiple choice exam.
Where can I Order Kaplan series 6 extension?
The extension can be ordered from the Extension icon on your Student Dashboard. *Midterm Exam is only included in select Series Exam Preparation Packages. The Basic Self-Study Package provides a strong foundation for the self-directed individual who has a proven record of success when studying without the guidance of an instructor.
How to prepare for Series 6 and 63 exams?
We offer a variety of instruction options and exam prep study tools to best suit your learning style and schedule. Pass Your Series 6 and 63 qualification exams with one of Kaplan Financial Education’s industry leading study packages! Compare your options.
Which is the Best Series 63 study package?
A cornerstone of its Series 63 study packages is an extensive question bank that can feed 30 unique, full-length practice exams and an unlimited number of quizzes targeting each of the four main subject areas, making it our choice as the provider with the best question bank.
Which is the best study package for Kaplan?
Choose one of Kaplan Financial Education’s industry leading study packages below or compare your options. Our most comprehensive study package, the Premium Instruction Package, has everything you need to effectively prepare for your qualification exam, including guidance from an experienced instructor.