I shall explain why. I over studied and did not sleep well. I pounded the book on the weekends and during study time throughout the week. I have an incredibly high IQ, somewhere in the neighborhood of 150. That said, when I studied, I did so for the 5 weels and basically forced information out. I focused on what I perceived to be a major portion, options , bonds, munis. Well guess what? I had less than 10 options questions, less than 10 nargin questions, less than 15 on munis. My test pounded me on regulatory requirements such as bookkeeping and the time necessary to hold documents. It focused on taxation, on the different organization, and the exchange floor. I have no financial background or schooling, yet managed a 72. I must have had 70 suitability questions, with a mixed in dose of IRAs and annuities. I did pass, but your score is not, I repeat NOT indicative of book smarts or intellect. It is 100% about stufy habits and what questions they throw at you. I know I managed to have a lot of index and mutual fund questions, and regulations on such, as well. The amlunt of parity, breakeven, warrant, preferred stock, rights, etc questions were nonexistent. The bottom line is that it is a crapshoot. I passed my insurance exams woth 2 days of study, but the randomness of the pool is what can get you. I even mentioned some of my questions to individuals getting an 89 or 91 and they were standing, mouth agape. So, in summary, the test can either be a breeze or a bitch, depending on what they throw at you, yet intelligence is less a factor than anything. Also, apologies for the lack of paragraph seperation as I am on my phone.

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I love the statements by you industry guys that it takes a special kind of Moron to fail the Series 7. I just took it first time today. I passed but not by my much an 81%. I studied for this exam for weeks and found it an in-depth study of the useless! First this is not an intelligence test! It's training exercise. A memorization of information that is available at anyone's hands. Albert Einstein was asked once with his telephone number was his response was why would I ever try to remember that I can always look it up why would I culture my mind with such a useless information. If referring to people as morons helps boost your testosterone level. Have at it. If your on the retail side the folks in HQ are laughing at you. And I quote “Long on ego short on intelligence. That's the way we like them. Like offensive linemen. Don't think just do. Their expendable with no impact to the underlying business”. Face it guys we are meat. As a defenseman playing hockey it was the same way. I wasn't the fastest or have the greatest hands. So coach told me. “Smitty when that guy breaks the blue line he's on the glass or on his ass! That's it. A trained piece of meat.

This was so foreign to me. I'm doing a late in life career change so I don't have to have an airline seat strapped to my ass 6 days a week. My history BS Nuclear Engineering, BS Mechanical engineering MBA concentration in finance. Advanced computational linguistics with Neural Networks and deep Machine Learning (MIT). I sold and did consulting to the financial services industry for 20 years as an employee of SAP, IBM, Deloitte, EY and Hewlett-Packard Enterprise Systems. (Business process reengineering). “order to cash” automation. Business Rules engines. Oh yes I did do consulting for SIAC, NYSE NASDAQ, UBS, Goldman, Aegon, liberty Mutual, Fidelity, Putnum, State Street, . Mizuho Securities, RBS etc…So if your management has been paying me for my advice on how to improve operations. It's a good bet I'm a far cry from a moron.

Every discipline I have studied taught me how to think. Every exam I ever took after prep school was open book. The Series 7 is an exercise in regurgitation without understanding 1) why it happens or is done in a certain manner 2) By remembering reg 144 or reg D or the difference between a 529 and a Coverdale or a Keogh or the accumulation units in a variable annuity!!!

Zero value! JFGI (just fucking google it).

This is a training exercise someone equated it to monkeys we all know that given an infinite number of monkeys and an infinite number of type writers and infinite time. We could recreate Shakespeare. Some how the posts on this thread talking about morons passing this. Those posters could not solve a third order non-linear differential equation. Nor could the wrap there head around quantum Mechanics. But you all seem so boastful of your industry liceansings??? Come on, this is your industry can you do a NPV in your head. How about a Black-Scholes options pricing model.

So all you Greenwich CT wannabes come back at me when you can explain how Schrödinger's cat can be both alive and dead at the same time. (Hint it's a state called quantum superposition). Or when you can even understand the question of a LWR basics exam attached bellow. Thanks for your wisdom but Kurt Vonnegut Welcomed Me To The Monkey House in 1968. But you can still pound your chests if it makes you feel better.

https://ocw.mit.edu/courses/nuclear-engineering/22-05-neutron-science-and-reactor-physics-fall-2009/exams/MIT22_05F09_finalexam.pdf

Smth755

I agree with you. It is memorization for the most part. I took the Series 7 a few weeks a ago and passed but it was not the easiest nor was it the most difficult exam I've taken. I will tell anyone studying for this exam to not take it lightly. Put in your study time and review areas where you struggle on your practice exams. The key is to constantly review the material and take as many practice tests as possible to get the concepts engrained.

I passed the Series 66 last week I found it to be the tougher of the two only because they word the questions to confuse you. Read the questions twice to make sure you understand what they are asking.

Don't let others posters on this board make you feel you are stuoid because you did not past the exam or are having difficulty with the material. Most of them probably either had to take it several times to pass anyway.

Good luck to everyone taking this exam!!

key34 wrote:

Smth755

I agree with you. It is memorization for the most part. I took the Series 7 a few weeks a ago and passed but it was not the easiest nor was it the most difficult exam I've taken. I will tell anyone studying for this exam to not take it lightly. Put in your study time and review areas where you struggle on your practice exams. The key is to constantly review the material and take as many practice tests as possible to get the concepts engrained.

I passed the Series 66 last week I found it to be the tougher of the two only because they word the questions to confuse you. Read the questions twice to make sure you understand what they are asking.

Don't let others posters on this board make you feel you are stuoid because you did not past the exam or are having difficulty with the material. Most of them probably either had to take it several times to pass anyway.

Good luck to everyone taking this exam!!

Thank you for this... I was dumbfounded by the amount of cocky assholes in this sub.

anonymous wrote:

If you can’t pass the seven on the first attempt, why are you still alive?

Why are you still alive, if less people like you inhabited this earth it would be a much better place