Series 7 Exam Weekly Class June 7th 2024

FINRA exam Membership class - June 07

VIEW RECORDING - 61 mins (No highlights)

Meeting purpose

Discuss FINRA Series 7 exam preparation and share test-taking tips

Key Takeaways

• The actual exam questions differ from vendor-provided practice questions
• Suitability questions make up a large portion of the exam and are challenging
• Trusting your instincts and preparation is key when answering ambiguous questions
• Time management is important - spend about 2 min per question and move on

Topics

Malachi's Series 7 Exam Experience

• Actual exam questions are very different from vendor practice questions
• ~40 straightforward questions similar to practice, rest are suitability-focused
• Suitability questions present two good answers, one only slightly better
• Felt uncertain after exam, but trusted preparation and instincts
• Passed despite getting a challenging mix of question topics

Tips for Taking the Series 7 Exam

• Master suitability to discern the best answer between two good options
• Memorize key rules and tricks to quickly eliminate wrong answers
• Budget about 2 minutes per question, then move on confidently
• Trust your knowledge and preparation when questions seem ambiguous
• Avoid second-guessing and changing answers unless certain