I took the Series 7 3 weeks ago and failed with a 68%, and I was using STC. My first attempt scores were in the mid 70’s on the Closed Book Exams, and in the low 90’s by the time I retook all of the Closed Book Exams. There were A LOT of account discretion questions on the real exam that STC did not prepare me for. STC is good at teaching you the facts, but not good at teaching you the numerous ways to apply those facts on customer accounts.

So, I went out and purchased Kaplan Series 7 QBank practice tests. And, my gosh. There is a big difference. Kaplan’s questions are much more detailed, and they have a lot more account discretion question than STC. The two aren’t even comparable in this regard.

I don’t have a problem with STC as far learning the facts is concerned, but if you are newer to the industry I would recommend Kaplan over STC, because STC seems to lack detail in key areas. Everyone has there own preference, but in my experience Kaplan tests are much closer, and give you a lot more flexibility than STC. I retake the the Series 7 in 2 weeks. Hopefully prepping with Kaplan made the difference : ). Good luck!

Have you taken a look at http://solomonexamprep.com? I work for Solomon Exam Prep, and we produce materials for both the Series 7 & Series 66.

I have taken all of my exams using Test Teachers. Passed everything first time including life and health insurance exams. I tried to use Kaplan for my life and health exams but I did not have the time to study 26 chapters. Good luck with your tests:)

I am looking for a course that is mostly audio. Does anyone know where I can find this?

I passed the series 7 two days ago using STC with an 86. If you follow the calendar, read the book (don’t cut corners) once through, test your understanding, watch the lectures, and take all of the quizzes as scheduled, all of the tests as scheduled, you will be as prepared as anyone could be.

I have found that a lot of people who did not pass simply were not honest with themselves about following the course. It isn’t college. You haven’t studied like this before. When you get to the closed book exams STC states that you should be scoring above 80% to show maximum retention of the material.

My average in the closed books was 83%, and I never scored in the 90’s. I took ten of the closed books at the end of the course and one more the night before my exam. As I said, I followed the program and nothing more. STC has done this for years, and anyone who comments saying it wasn’t enough is really saying the work was not put in and the calendar wasn’t followed.

Follow their directions and you will more than pass. Another piece of advice, stop reading these forums. I just created an account so I could tell folks that. You will do nothing but worry yourself to death reading about others’ failing the test.

I passed the 7 3 weeks ago with a 79. I first used STC provided by my firm and failed with a 67. I was getting in the mid 80’s on the practice test and made a 94 on the greenlight exam first try the day before I took the test. I felt that I was completely un prepared while taking the test the first time. Luckily I was not laid off from the firm I currently work for and was able to study for 30 more days in order to improve S7 score and keep the job. I decided to pay out of pocket and get the Kaplan Series 7 Qbank test questions. There were many questions from Kaplan that were very similar to the actual test. I ended up with a 79 on my second try. Not the best but I will not have to worry about it again. I really think that the major improvement was from Kaplan so I strongly advise ordering the qbank tests for the Series 7. Good Luck!!

for the person looking for audio I downloaded this program called natural reader its free… I used it when I studied my 6 it’s not the best voice as it does sound like a robot is reading to you but it did the trick of reading the book for me as I’m an auditory learner… try it I passed my 6 with flying colors now studying for the 7 using STC… not my favorite but I’ll have to deal! Good Luck!

I recently used STC for the 7 and passed. I think the On-Demand lectures gave me the extra edge. I recommend this if you want audio, plus you can access the lectures anytime you want…loved that I could watch them at home on my own time.

I would think that both Kaplan and STC use the FINRA outline as a basis for creating content. I routinely recommend Pass Perfect’s materials to my students. I think their material is very comprehensive and their questions can be very challenging.

I’m currently studying for my series 7 this month and i borrowed the Stc and Kaplan study guide from my finance buddy. I’m terrible at math! i
Is there any way to bypass the math and just hit the key parts of the exam and still pass?

Thank you!

I came from a business admin background with no investment experience. My current Investment Advisor is not in the office much and all I do currently is paperwork. They would like me to take the series 7, but I am still new to all this. As far as school…it never came easy but I worked hard. So I was wondering what the best program would be for me to use since I will be starting from scratch? Any advice would be great. Thank you!

I took the Series 7 on 08/10 and I used the STC to prepare. 3 days before the exam, I was freaking out about memorizing questions so I bought the Kaplan Qbank for $124. Is anyone interested in purchasing it? It has two downloads and 3000 questions. $90 OBO

I took the Series 7 on 08/10 and I used the STC to prepare. 3 days before the exam, I was freaking out about memorizing questions so I bought the Kaplan Qbank for $124. Is anyone interested in purchasing it? It has two downloads and 3000 questions. $90 OBO

Is this still available? I’m interested.

For those of you scouring the internet looking for the for update info on what to use as a baseline for studying for the Series 7, I hope this reaches you. Granted, results may vary from person to person, but I think that my input can be beneficial.

To start off, don’t use Wiley or securities institute of America. Their book is pretty good, but their practice tests don’t have a lot of questions and after a few tests, you start to memorize them. Granted the Greenlight is really tough, and if you ace that, youll ace the exam easy. I used Wiley the first time around and obviously failed. I was getting 87% pretty easily, and quickly (47 minutes)…
However, the only Wiley product I can promote with a good conscious is the series 7 for dummies. Easy read and explains the basic structures of what you need to know for the s7. use it as a supplemental guide.

I used STC as my study material the second time. I didn’t read the entire book because it is daunting. However, every chapter that covered 10 or more questions on the test, I read it. I skipped a few chapters because I took a live 4 day class, and that benefited me the most. They give you a 70 page packet that you cover in detail, and its a great review tool to use before the exam.

Now for the practice test scores. The teacher at STC said that Merril uses their material and that principals/management of the incoming brokers, check the status of everyone of their tests to make sure they get through ALL of the QandA and closed book, and they have a 93% pass rate. I didn’t believe it at first, I believe it now. I don’t think i passed any of my QandA tests, chuckle, but I passed all my closed book ranging from 72-83%. I ended up getting a 80% this last Tuesday.

I know Kaplan provides good material, my friend used it and passed with it and i like the fact that they offer 3000 test questions to just keep repping out questions, but I can’t attest to any of it because I didn’t use it.

In closing, and looking back, I suggest as a study plan to read through the major chapters of the book, GO TO THE CLASS, or do online classes, do ALL the practice tests, do some flashcards if you can find some online (or i think stc offers them, but I didn’t buy them) and read through the subjects that you struggle with, using s7 for dummies. on the closed book, shoot for upper 70’s lower 80’s and youll be fine.

Again I hope this finds some people in need of some guidance. I know that I did when I went searching and all I found were posts from 2013 and back.

Do any one know how I can get this material for free. We are In need of the Series 7 study materials for free. Affordability is not an option for us right now.

Do any one know how I can get this material for free. We are In need of the Series 7 study materials for free. Affordability is not an option for us right now.

I got hired on at a private firm and used the Pass Perfect material to study and prepare for the exam. While I feel it is extremely comprehensive and detailed, when I took the actual exam I felt almost entirely unprepared. I did not take any short cuts, I stuck to the material religiously, lived it for probably 2 months of my life for 6 hours a day but failed the test by only a little bit. The practice exam questions did not even closely resemble what was on the actual test. I have done a lot of additional research as to which prep material to use and after reading all the reviews I am leaning towards Kaplan. Can anyone else attest to this? STC, Kaplan and pass perfect seem to the big 3 in prep material.

I took the exam today and couldn’t be more annoyed with FINRA. I have 10 years of experience in the industry, I’m an annuity wholesaler at the moment, an active trader(pretty decent too), have worked with 401k plans and other retirement vehicle’s, passed life health, 6 and 63 and grad. college with honors. I say all this to help get across the point for those looking for a good piece of advice…you can NOT cut ANY corners.

I have been studying the past couple months with my team at work. Two before me passed with a 74 and 76. I first studied with STC, then used Kaplan. I also took a kaplan in person course. Bottom Line… you can NOT count on getting a certain test, or similar test as someone who took it a year or a day ago. Everyone I asked (20 plus who have taken the exam in the past year) told me when it came to options they got about 20 questions max. One girl at my work has taken the exam 3 times. Each time she said she had about 15 options questions tops. I got around 60. I can’t stress enough how much I am not exaggerating.
When I used STC I felt solid, doing good on the tests then I took the Kaplan course and started taking their QBank test…wow. I couldnt have felt less unprepared. I rescheduled my exam and studied my butt off.
I have no one to blame but myself, but I only studied the basics of options and that did me in. I have no doubt had I gotten a test one of my co-workers did…I wouldnt be typing in the forum. My advice is to study the hell out Kaplan. Really learn the concepts. You need to be scoring in the mid 80s to low 90s. Also must be able to calculate options and stock/margin math questions. I plan to continue to take the Kaplan tests (even though the real test is at least 3-5x more difficult), meet with an options trader to learn those and retake.
So if you are getting 80s-90s on your 125 question Kaplan mock tests, know how to calculate all types of options and how to compute basic stock and margin math involved question…you’ll be fine. I’m not trying to scare anyone who is close to taking the exam, I just wanted to point out that there is absolutely no “for sure” # of questions per section. Don’t listen to the negative crap or know it all’s on web forums…there are many different versions of this test some much easier than others. Thats a fact.

TpaTy14, I like your comments. The people who to cut corners will not likely be as successful as the people who put in the extra effort. Some people are convinced that all one has to do to pass is to the same practice questions over an over again. Some people take the same final exams multiple times thinking that this is the key to passing. They are assuming that they will see the same questions on the test. I highly doubt they will not see the same questions. If I had to decide whether to do the same exams for the third time or re-read the book, I would read the book. The key is understanding the concepts, as you said.