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Study materials for Series 7: STC vs Kaplan

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Dec 7, 2015 5:35 pm

I took the series 7 last week (12/3/2015) using the STC 4 week study calendar and scored an 80%. I followed the program to a “T” and did not take ANY shortcuts at all. I had another person in my office take the 7 on the same day with Firesolutions who was scoring in the high 70’s on closed-book exams and failed the 7.

Dec 8, 2015 11:25 pm

I have the current STC book plus the Series 7 for Dummies which were both given to me as study materials FOC. I don’t have access to the on-line tests or quizzes with STC without paying the full fee for a new book which is annoying.

Is it possible / recommended to buy the Kaplan on-line tests to support my studying? I am just starting to study and will do the 4 week study course over the ‘slow’ December weeks. I’m currently a financial advisor with 6, 63, 65 & Life / Health and 5 years experience.

Any suggestions on blending materials & media effectively would be helpful.

Dec 19, 2015 4:50 pm

Been in the business a couple of decades and there was an old saying, in my day: “Your exam score is the inverse of your success as an advisor.” Those who scored below 75 usually did well, as an advisor, versus those who scored high. The theory is that low scorers were typically socializers-who do well in this relationship business. Whereas, the high scorers were probably nerds, who are more comfortable behind a book than in front of a prospect. Just giving my observations…

Jan 6, 2016 12:19 am

I just took Series 7 today and I used the Kaplan Qbank to prepare. It’s selling for $125 on the site but selling it for $80 OBO!

Mar 21, 2016 1:52 pm

[quote=Richard C. Garcia]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![/quote]

Khan Academy online is a free sight used in public education schools.
There are many sections on math anyone can become very good at math through that website

Jun 13, 2016 3:25 pm

I passed the Series 7 in late April with a 96. I used STC. I also had exposure to Kaplan and PassPerfect tests. From my perspective, the STC exams were the best at preparing me for the content I saw on the exam. To be upfront, I originally passed the exam in 1997 with an 84, so I guess I am what people call a good test taker. My Series 7 lapsed in 2005, and a recent job change meant I needed to get it again. The exam seems to have changed a lot since when I took it.

Here are some takeaways from my perspective. I thought the questions on the real exam were more cut and dried than the STC exams. There were DEFINITELY some back-breakers on the real thing, but only a third of the test was that way. It seems like the STC exams were focusing on preparing me for the back-breakers. My average scores on the tests were in the high 70s-low 80’s for the STC exams. I did the STC Greenlights too, scoring in the high 70’s for both.

I also found the STC on demand recordings to be very helpful when used in bits and pieces. Their options piece was particularly helpful to me since I haven’t had to think about them since I originally studied in the 90s. Being in my late 40’s now, I can’t study like I used to. This worked out in my favor since I had a lot of options questions. Hard to say a real number, but at least 30+.

I would say the real exam felt different, mainly because the testing screen at the center is this really harsh, stark black and white screen. It seems like FINRA uses a 1970’s-style interface, to be honest.

As an aside, I also needed to pass the Series 24 for this new job. Given my success with the STC materials on the 7, I used them for the 24. Same scenario as with the 7. I managed to pull off an 88 for the Series 24 about a week ago.

Good luck, these exams seem to be more of a barrier to entry than a test of abilities from my perspective. It seems that if you put your time in and take all the tests and learn from mistakes on them, you should be able to pass.

Jun 15, 2016 9:39 am

For starters, do not use or securities Wiley Institute of America. Their book is pretty good, but their practical tests do not have many questions and after a few tries, you start to memorize them. Certainly the Greenlight is really difficult, and if you ace that you’ll ace the exam easier. I used the first time around Wiley and clearly failed. www.issuu.com/henry0733/docs/210-260

Sep 8, 2016 4:14 pm

Hey all,

I’m Tyler, and my buddy and I have built an intelligent teaching app for phone or PC that can track what you’re learning and predict your test score. It’s called Achievable (URL is achievable.me) and we’re starting with the Series 7.

The idea is that, yes its on your phone which is nice, but what we really want to do is reduce the time it takes to prep for the 7 and give visibility during your prep process. We break the content into 2000 flash cards that we track individually, and the cool part is that we can predict how well you know them over time.

If you’re interested, shoot me a note and I can give you a discount code for $100 off (33% off).

Here if you have any questions, happy to help

EDIT: We just released a free practice exam app / website with 150 questions to help you prepare for the 7. No login required. Give it a try and please send me your thoughts and feedback - achievable.me/series-7/free-exam-practice

Aug 9, 2016 6:10 am

The Examsleaders.com provides you latest and relevant questions & answers that help you to get prepared and pass HPE0-J76 exam in the first attempt. You can get HPE0-J76 dumps from our site.

Sep 3, 2016 4:12 am

I posted a while back and wanted to post an update. Finally as someone who now HAS passed the Series 7. Thank god that’s over. I was defeated when I wrote my post a few above this one a while back. I studied on and off and on and off for months then decided to get serious. About 1 month of pure “train like an athlete” and I was good to go. I won’t lie, I was lazy again. I sit right next to the Options group at my BD and am friends with those on it. I had several offer to tutor me. Now I DID study for options, believe me…but could have done so much better. I studied on my own and a LITTLE help from the options group. I got about a half hour of actual sit down tutoring for options from a friend on the Options Trading desk at my firm and that was the difference between me passing and failing. The point of this story is if you’re struggling with options find someone who knows them and can articulate them well. If someone is not helping you, find someone else! Last test I easily had 50-60 options questions. I got about 25-30 on this test. I know had I taken options more seriously and actually sat down for tutoring longer than 30mns my exam would have been in the 80’s and not 74.

My overall recommendation to pass now. Keep in mind around 10 years in the industry and also work around many many people who’ve recently passed and failed this exam. I found STC to not have enough info in total. I found Pass Perfect to be like reading Chinese and Kaplan, while not perfect , to be the happy medium in between those two. I took a 4 day course and hated it (doesn’t mean you will). When I finally took time on options, and learned them decently well, took practices tests/quizzes and also this time having wrote out about 200 flash cards (anymore and it’s probably not worth doing). I didn’t score in the 80’s or 90’s but I do know exactly what it takes to pass this exam. If you’re planning on taking it the 3 month Kaplan plan (if not the 2 if you’re more seasoned in the financial industry ) with notecards should work just fine. Good luck and if you fail…take it again and pass. On to the 66.

Dec 22, 2016 5:55 pm

Selling TC S7 subscription with 101 days left as of today. Email me I'll give it off for half off. Trying to raise some money to pay for the S66.

Jan 9, 2017 4:00 am

I learned a lot by listening to the audio series put out by the Series 7 Podcast. I still neeeded to study books and take practice exams but listening to these audio lessons reinforced the reading material and helped explain difficult concepts clearly. You can listen to some sample lessons and see if you like it in iTunes just search for the podcast.

Feb 22, 2017 10:29 pm

Took the Series 7 about 2 wks ago. Passed with a 79%. Not stellar, but a pass. Did not have as many questions on options as I thought I was going to; maybe around 20-25. The majority of my test I feel were suitability questions. Had some pretty good Hedge fund questions too that I had never seen or even read about. All that said, I utilized the STC products. Averaged about a 69-70 on the Q&A exams. The Q&A questions are definitely more challenging then the questions you will see on the actual series 7 exam. I believe the pass ratio for those utilizing the STC material is 90%+ if you can average a 66% throughout the Q&A exams. Hope this helps. And good luck to those with the series 7 on their horizons. On to the 66 for me.

Feb 24, 2017 7:18 am

I passed both of my exams on the first try.

If anyone is interested, I'm selling my Training Consultants Series 7 and Series 66 training program. This includes both the online courses and the textbook.
Series 7 online program expires on 4/8/2017
Series 66 online program expires on 6/4/2017

It should be more than enough time to pass both exams. If interested, feel free to message me at ignaciopnc@gmail(dot)com

Mar 2, 2017 5:07 pm

Training Consultants. The exam focuses heavily on suitability/risks. Good luck.

Mar 2, 2017 5:11 pm

Recent Pass wrote:

I passed the Series 7 in late April with a 96. I used STC. I also had exposure to Kaplan and PassPerfect tests. From my perspective, the STC exams were the best at preparing me for the content I saw on the exam. To be upfront, I originally passed the exam in 1997 with an 84, so I guess I am what people call a good test taker. My Series 7 lapsed in 2005, and a recent job change meant I needed to get it again. The exam seems to have changed a lot since when I took it.

Here are some takeaways from my perspective. I thought the questions on the real exam were more cut and dried than the STC exams. There were DEFINITELY some back-breakers on the real thing, but only a third of the test was that way. It seems like the STC exams were focusing on preparing me for the back-breakers. My average scores on the tests were in the high 70s-low 80's for the STC exams. I did the STC Greenlights too, scoring in the high 70's for both.

I also found the STC on demand recordings to be very helpful when used in bits and pieces. Their options piece was particularly helpful to me since I haven't had to think about them since I originally studied in the 90s. Being in my late 40's now, I can't study like I used to. This worked out in my favor since I had a lot of options questions. Hard to say a real number, but at least 30+.

I would say the real exam felt different, mainly because the testing screen at the center is this really harsh, stark black and white screen. It seems like FINRA uses a 1970's-style interface, to be honest.

As an aside, I also needed to pass the Series 24 for this new job. Given my success with the STC materials on the 7, I used them for the 24. Same scenario as with the 7. I managed to pull off an 88 for the Series 24 about a week ago.

Good luck, these exams seem to be more of a barrier to entry than a test of abilities from my perspective. It seems that if you put your time in and take all the tests and learn from mistakes on them, you should be able to pass.