Series 7 Exam For Dummies with Online Practice Tests
Series 7 Exam For Dummies with Online Practice Tests book cover

Series 7 Exam For Dummies with Online Practice Tests

4th Edition

Price
$10.67
Format
Paperback
Pages
432
Publisher
For Dummies
Publication Date
ISBN-13
978-1119545040
Dimensions
8.5 x 1 x 10.6 inches
Weight
1.45 pounds

Description

From the Inside Flap 6 Full-length, online practice TESTS Go online to find six full-length Series 7 practice tests with complete answer explanations and walkthroughs Maximize your score with online practice tests Studying for the Series 7 Exam is easier than you think. This comprehensive guide is the critical reference you need to walk you through your preparation for the Series 7 exam. Packed with the latest information and proven test-taking strategies that are focused on maximizing your score, it covers everything you should know to score your highest on this all-important exam. Inside... Examine question types Examine question types Review the test topics Review the test topics Master basic investments Master basic investments Understand account margins Understand account margins Work with options Work with options Stay on top of IRS rules & regulations Stay on top of IRS rules & regulations Know what to expect on test day Know what to expect on test day Find more practice online Find more practice online From the Back Cover 6 Full-length, online practice TESTS Go online to find six full-length Series 7 practice tests with complete answer explanations and walkthroughs Maximize your score with online practice tests Studying for the Series 7 Exam is easier than you think. This comprehensive guide is the critical reference you need to walk you through your preparation for the Series 7 exam. Packed with the latest information and proven test-taking strategies that are focused on maximizing your score, it covers everything you should know to score your highest on this all-important exam. Inside... Examine question types Examine question types Review the test topics Review the test topics Master basic investments Master basic investments Understand account margins Understand account margins Work with options Work with options Stay on top of IRS rules & regulations Stay on top of IRS rules & regulations Know what to expect on test day Know what to expect on test day Find more practice online Find more practice online About the Author Steven M. Rice earned an exceptionally high score on the Series 7 exam and soon began tutoring others in the broker dealership where he worked as a stockbroker. He developed and designed the online Empire Stockbroker Training Institute and has coauthored a complete library of securities training materials. Read more

Features & Highlights

  • Maximize your score on the Series 7 Exam
  • The Series 7 exam is a top-off exam taken with the Securities Industry Essentials exam to obtain General Securities Representative registration. This comprehensive guide is the critical reference you need to lead you through your preparation for the Series 7 exam. Packed with the latest information associated with this test, as well as proven test-taking strategies that are focused on maximizing your score, it covers everything you need to know to score your highest on this all-important exam.
  • The Series 7 exam is no joke — with 125 questions administered in three hours and 45 minutes, this test is certainly a challenge. But with the proper preparation you'll be able to enter the exam room with confidence.
  • Offers three full-length practice tests with answers and full explanations
  • Offers three full-length practice tests with answers and full explanations
  • Includes one-year access to six full-length tests online
  • Includes one-year access to six full-length tests online
  • Provides strategies and tips to hone the skills needed to ace the exam
  • Provides strategies and tips to hone the skills needed to ace the exam
  • Gives you confidence to start your career as a licensed broker
  • Gives you confidence to start your career as a licensed broker
  • Series 7 Exam For Dummies, 4
  • th
  • Edition with Online Practice
  • is a fundamental resource that guides you through your preparations for the Series 7 exam.

Customer Reviews

Rating Breakdown

★★★★★
30%
(78)
★★★★
25%
(65)
★★★
15%
(39)
★★
7%
(18)
23%
(61)

Most Helpful Reviews

✓ Verified Purchase

Not perfect, but plenty good enough

I passed the 7 after a week of studying so it deserves 4 stars, regardless of any shortcomings. There is a comprehensive summary of the exam material but the important piece is the practice tests. Don’t waste your time trying to learn the material, it is beyond any human's ability to absorb even a fraction of it. Experienced compliance officers don’t even know all the rules. If you insist on covering the material then it a quick skim and don’t waste more than a day or two. Focus your efforts on taking and retaking practice tests. Don't even worry about scoring the first time through - take a stab at each question, check the answer and absorb it best you can. Keep a notebook for important rules and dates, great for last minute review before the exam. Trust that you will learn the most important material via test questions, not trying to memorize an encyclopedia, and this book should get you across the finish line.

If you still lack confidence after taking the practice tests a couple of times each, then order more tests from somewhere. Give yourself adequate time though - I had originally ordered practice tests via the author's teaching institute and let's just say they're not Amazon (the mailman handed it to me as I arrived home from passing the exam).

As far as shortcomings, this book needs a proper updating and quality review. Even though it’s the latest Dummies version there are lots of errors. Some examples are T+3 settlement for stocks (it's T+2 and has been for years), options expiring the third Saturday (third Friday), max IRA contributions of $5.5k/6.5k (IRS changed to $6k/7k in 2019), 70% corporate exclusions for dividends (IRS lowered it to 50%) and so on. Also many typos and other errors.
31 people found this helpful
✓ Verified Purchase

Great Book, Very Close to Actual Exam

This book was a huge help when studying for the 7 top-off. It went over the more boring and dry sections of the material(Muni bonds, rules & regulations, etc) in a way that was much more engaging than a lot of other books. Also, the practice exams that come with it, both online and in the book, are very good, and the questions were way closer to the actual exam versus the Kaplan question bank that I had access to through my employer.

All in all a great book, helped me pass on my 1st try. Definitely worth it, especially for less than $20
9 people found this helpful
✓ Verified Purchase

Helped me a LOT !

I studied for about 2 weeks before taking the practice tests. My first practice exam was in the low 70's, so I reviewed some more before taking the next one. I did that for each practice exam and by the time I took the last 3 online exams, I was scoring in the 80's. I got an 84 on the real exam, so the book and practice exams were pretty accurate! The book was very well written and easy to understand. It was a great purchase. PS: There is a scratch off bar on the inside of the cover that will give you your PIN.
8 people found this helpful
✓ Verified Purchase

Warning! The Wiley site has many errors!

This is a warning for those folks using this book and the tests online. The Wiley site has some serious flaws. I finished Exam 1 yesterday and was reviewing my answers. The site just deleted all of my Exam info.
Also, two of the questions that I’d seen (thus far) in my review were WRONG. The answer description spelled out the CORRECT choice but the system marked my answer (the correct one) as incorrect, which skewed my score.
It really makes me wonder about the quality of the product. When your job is on the line, you need to know that the system is correct and working properly.
I wonder if the author knows about these errors.
6 people found this helpful
✓ Verified Purchase

Excellent book!

This is the Series 7 book that goes along with the SIE exam. It is written in an easy to understand way and it makes even the more difficult things easy. I was very happy with the way they handled options equations. I would definitely recommend this book for anyone looking to become a stockbroker or is interested in knowing more about the stock market.
5 people found this helpful
✓ Verified Purchase

Excellent book.

After purchasing and reading this book, I really do not understand why other test preparers publish so much unnecessary information in there books. A must read for the Series 7 exam.
2 people found this helpful
✓ Verified Purchase

Helpful

Took the 7 a month ago and used this to supplement my works course. Very helpful to hear explanations and have access to more practice tests. I dont think I would have passed with just this though. I highly recommend using Training Consultants also.
1 people found this helpful
✓ Verified Purchase

I PASSED

I failed the test the first time through. Bought this book and used it to help me study a second time. It doesn't have all the material covered in my other study material but the practice exams were definitely harder than my other study material. I do believe this book is what got me across the finish line.
1 people found this helpful
✓ Verified Purchase

Helpful for studying for the 7

I used STC for the main training. This was great for supplemental training, especially the practice exams. I know that I got a few questions correct on the exam because of Dummies.
1 people found this helpful
✓ Verified Purchase

Great for clarification

Just what I needed to pass
1 people found this helpful