How difficult is the Series 66 exam?
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How difficult is the Series 66 exam?
Series 66 Exam Difficulty Level This is viewed as a tough exam because it is so broad. It’s recommended that students learn through a variety of methods, such as reading, as well as continuous practice exams. But with Pass Perfect’s proven preparation methods, you’ll be guaranteed to pass the first time.
What topics are on the Series 66 exam?
Outline of Topics Covered
- Economic Factors and Business Information.
- Investment Vehicle Characteristics.
- Client Investment Recommendations and Strategies.
- Laws, Regulations, and Guidelines, including Prohibition on.
- Unethical Business Practices.
What is a passing grade for the Series 66 exam?
NASAA Online Testing Announcement The exam consists of 100 scored questions. Candidates have 150 minutes to complete the exam. In order for a candidate to pass the Series 66 exam, he/she must correctly answer at least 73 of the 100 scored questions. There is no prerequisite for the Series 66 exam.
What does passing the Series 66 allow you to do?
The Series 66 license is a state-specific license that allows license holders to act as financial advisors and transaction coordinators for securities-based products. It is regulated by NASAA, which provides the steps to becoming licensed.
How long should you study for the Series 66?
It is recommended that the individual spend at least 40 to 50 hours preparing for the exam by reading the textbook, underlining key points, and answering as many practice questions as possible. We recommend that a student schedule their exam no more than one week after finishing their Series 66 exam prep.
How long do you need to study for the Series 66?
How many people pass the Series 66 on their first try?
Not only that, but you will be familiar with how other FINRA exams are tested. If you have to take the Series 65 or 63 exam, you will also see serious overlap in both of those with the Series 66 exam. In a nutshell, our best estimate is that the pass rate is somewhere around 60-70%.
How many times can you fail Series 66?
FINRA and NASAA don’t publish official pass rates for the Series 66 exam. As with any securities exam, if you fail Series 66 on your first attempt, you are allowed two more retakes, waiting 30 days between exam dates. If you fail on the third attempt, you can retake the exam after a 180-day waiting period.
How many times can you fail the Series 66?
How much does it cost to take series 66?
What do the exams cost? The exam fees are: $147 for the Series 63; $187 for the Series 65; and $177 for the Series 66.
How do I study for Series 66?
6 key steps to ace the Series 66 exam
- Step 1: Know what you’re dealing with.
- Step 2: Be realistic about setting aside study time.
- Step 3: Find the best materials to study from.
- Step 4: Make a schedule and stick with it.
- Step 5: Read the textbook cover to cover.
- Step 6: Get the most value out of practice questions.
