Series 7 Exam for Dummies - Softcover

Rice, Steven M.

Softcover

ISBN 10: 0470099321 ISBN 13: 9780470099322

Publisher: For Dummies, 2007

Synopsis

In order to become a stockbroker and sell securities, you must first pass the Series 7 exam—a 6-hour, 250-question monstrosity. Unlike many standardized tests, the Series 7 exam is harder than it seems, and people who score below 70% must retake the test, having to wait at least a month before retaking it and paying hefty registration fees.

Luckily, there’s Series 7 Exam For Dummies—the perfect guide that not only shows you how to think like a financial advisor but also like the test designers. Rather than an all-encompassing, comprehensive textbook, this guide covers only what’s on the test, offering formulas, tips, and basic info you need to study. It empowers you with the ability to think each problem through and get to the bottom of what’s being asked, providing you with everything you need and want to know about:

• Distribution of profits
• Types of securities offerings
• Investing in all types of stock
• Bond types, prices, yields, and risks
• Handling margin accounts
• Characteristics of different investment companies
• Direct Participation Programs and other types of partnerships
• Option selling, buying, and trading
• Security analysis and security markets

Packed with valuable information and know-how, this no-nonsense guide provides a full-length practice exam with answers and explanations. A bonus CD with another simulated practice test is also included. Whether you’re preparing to take the test for the first time or the fourth time, Series 7 For Dummies is the book for you!

Note: CD-ROM/DVD and other supplementary materials are not included as part of eBook file.

About this title

About the Author

Steven M. Rice is a partner and educator in the Empire Stockbroker Training Institute, one of the largest and most successful securities training schools in the country.

From the Back Cover

Reviews key exam topics from underwriting to options to analyzing risk

The fun and easy way to pass the Series 7 exam and get your license

Planning to take the Series 7? This plain-English guide is packed with tips and tricks for studying smart and improving your score. You'll see how to break down questions to understand what they're really asking and practice with two complete exams one in the book and a different one on CD that emulates the electronic format of the actual test!

• Manage your study time wisely
• Know what to expect on exam day
• Understand the computerized format
• Answer specific question types
• Think like a financial advisor
• Avoid common exam traps

Edition details

• Publisher: For Dummies
• Publication date: 2007
• Language: English
• ISBN 10: 0470099321
• ISBN 13: 9780470099322
• Binding: Paperback
• Number of pages: 356