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The cost of the exam is $40. Individuals are allowed 90 minutes to complete 50 multiple choice questions. The passing score is 70%, and those who fail this exam must wait thirty days before taking it again. In order to be registered with the Series 6, an individual must also pass the Securities Industry Essentials Exam (The SIE Exam).
Example: If the grade release date for your passing Audit section was February 5, 2010 and Business Environments Concepts' section date was April 8, 2010, this means in order to retain credit for Audit you must pass the remaining sections on or before August 5, 2011, otherwise exam credit for this section expires and the remaining sections ...
From the Series 63 and Series 65 to Series 7, there are many different exams required for various roles within the financial services industry. Financial professionals who pass the Series 6 …
Series 3 – National Commodities Futures Exam* Series 5 – Interest Rate Options Exams; Series 6 – Investment Company and Variable Contracts Exam ...
The Series 7 is a three-hour, forty-five-minute exam. [1] It is held in one four-hour session. There are 125 questions on the test. Candidates have to score at least 72% to pass. The SIE Exam and the Series 7 Exam are co-requisite exams. [9] Average study time is between 80 and 150 hours depending on current financial knowledge. [10]
First-time testers scored a pass rate of 52% on Level I. Those who sat for the exam after having deferred it at least once passed at 28%. The CFA exam, in total, comprises three parts, often ...
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