RICE-SERIES7.AE1

Rice Series 7 Exam 2023/2024

Boost your score with proven techniques, easy-to-understand explanations, and exam-taking tips. Prepare for the difficult exam with ease!

19 Interactive Lessons and 103 topics mapped to the official exam objectives
779 Practice Test Questions and 4 Full Length Tests

Beginner Self-paced · 1 year access

19Interactive Lessons

103Topics

779Practice Test Questions

01 / Skills you'll get

What you will be able to do

Try Free → No credit card required

Have you been planning to take the Rice Series 7 Exam 2023/2024? Look no further! Take our prep course to kickstart your preparation for this challenging exam. You’ll start with the basics - what is the series 7 exam, understanding the exam format and evaluation method, and tips for tackling the questions. Later, you’ll be introduced to our comprehensive Rice Series 7 study guide that covers everything from financial securities fundamentals to regulatory framework and investment strategies. Our flexible study module will get you ready for the Rice Series 7 Exam in no time.

Complete understanding of stocks, bonds, options, and derivatives
Complete knowledge of investment vehicles - mutual funds, ETFs, and REITs
Familiarity with SEC, FINRA, and state securities regulations
Skilled at analyzing financial statements, and market trends
Ability to manage investment risks
Communicate with clients, understand their needs, and provide suitable investment advice
Ability to construct, manage, and rebalance investment portfolios
Sharpen your problem-solving and decision-making skills to make the right decisions
Manage the exam duration, and complete all questions with acquired time-management skills
Strengthen your test-taking strategies for attempting all questions

Course Highlights

19 Structured Lessons Comprehensive coverage of core course objectives
779 Practice Questions Assessment tests with detailed answer rationales
1 Year Full Access Self-paced learning accessible anytime on all devices

02 / Lessons & labs

See exactly what you will learn and practice

Download outline (PDF)

Lessons

19 Interactive Lessons · 103 topics

01 Introduction 3 topics

About This Course
Icons Used in This Course
Where to Go from Here

02 Introducing the Series 7 Exam 7 topics

What Is the Series 7 Exam, Anyway?
Profiling the Series 7 Exam-Taker
One’s Not Enough: Tackling the Series 63 or Series 66
Securing Sponsorship and Signing Up
Taking a Peek at the Tested Topics
Understanding the Exam Format and Other Exam Details
Receiving and Evaluating Your Score

03 Preparing for the Series 7 Exam 6 topics

Courses and Training Materials: Determining the Best Way to Study
Outlining Your Series 7 Study Strategy
Managing Your Study Time Wisely
Exploring Study Strategies
Developing Solid Test-Taking Skills
Knowing When You’re Ready

04 Examining and Mastering Question Types 2 topics

Familiarizing Yourself with Question Formats
Shredding the Questions: Tips and Tricks

05 Surviving Test Day 5 topics

Composing Yourself the Day Before
Making the Most of the Morning
Arriving on the Scene
Taking the Exam
Getting the Results: Drum Roll Please …

06 Underwriting Securities: Bringing New Issues to Market 2 topics

Bringing New Issues to the Market
Reviewing Exemptions

07 Corporate Ownership: Equity Securities 3 topics

Beginning with the Basics: Common Stock
Getting Preferential Treatment: Preferred Stock
Securities with a Twist

08 Debt Securities: Corporate and U.S. Government Loans 6 topics

Tackling Bond Terms, Types, and Traits
Making Basic Bond Price and Yield Calculations
Determining the Best Investment: Comparing Bonds
Exploring U.S. Government Securities
Playing It Safe: Short-Term Loans or Money Market Instruments
Structured Products

09 Municipal Bonds: Local Government Securities 9 topics

General Obligation Bonds: Backing Bonds with Taxes
Revenue Bonds: Raising Money for Utilities and Such
The Primary Market: Bringing New Municipal Bonds to Market
Examining Other Types of Municipal Bonds on the Test
Don’t Forget Municipal Notes!
Municipal Fund Securities
Understanding the Taxes on Municipal Bonds
Following Municipal Bond Rules
Gathering More Municipal Bond Info

10 Borrowing Money and Securities: The Long and Short of Margin Accounts 8 topics

Getting the Paperwork Out of the Way
Introducing Long and Short Margin Accounts
Playing by the Federal Reserve Board’s Rules
Opening a Margin Account: The Initial Requirements
Calculating Debit and Equity in Long Margin Accounts
Making Short Work of Calculations in Short Margin Accounts
Let the Good Times Roll: Handling Excess Equity
Looking at Limits When the Market Goes the Wrong Way

11 Packaged Securities: Open- and Closed-End Funds and Such 6 topics

Diversifying through Management Investment Companies
Considering Other Investment Company Options
Reducing Real Estate Risk with REITs
Adding Annuities to a Portfolio
Exploring Variable Life and Variable Universal Life Insurance
Investment Company Rules

12 Direct Participation Programs: Partnerships 6 topics

Searching for Identity: What DPPs Are (and Aren’t)
The DPP Characters: General and Limited Partners
Pushing through Partnership Paperwork
Types of DPP Offerings
Passive Income and Losses: Looking at Taxes on Partnerships
Evaluating Direct Participation Programs

13 Options: The Right to Buy or Sell at a Fixed Price 5 topics

Brushing Up on Option Basics
Incorporating Standard Option Math
Mastering Complex Option Calculations
Nonequity Options
Gaining Additional Option Info

14 Portfolio and Securities Analysis: Examining Companies and the Market 2 topics

Knowing Your Customer: Portfolio Analysis
Knowing Your Securities and Markets: Securities Analysis

15 Going to Market: Orders and Trades 5 topics

Shopping at Primary and Secondary Markets
Making the Trade
Understanding the Role of a Broker-Dealer
Receiving Orders from Customers
Designated Market Maker and the Super Display Course (SDBK)

16 Taxes and Retirement Plans: Making Sure the IRS Gets its Share 4 topics

Everything in Its Place: Checking Out Tax and Income Categories
Noting Taxes on Investments
Presenting Gift and Estate Tax Rules
Exploring Retirement Plans

17 Rules and Regulations: No Fooling Around 4 topics

The Market Watchdogs: Securities Regulatory Organizations
Following Protocol When Opening Accounts
Trading by the Course When the Account Is Open
Committing Other Important Rules to Memory

18 Ten Series 7 Exam Traps to Avoid 10 topics

Easing Up on the Studying
Assuming the Question’s Intent
Reading into the Question
Becoming Distracted When Others Finish
Not Dressing for Comfort
Forgetting to Breathe
Trying to Work Out Equations in Your Head Instead of Writing Them Down
Spending Too Much Time on One Question
Changing Your Answers for the Wrong Reasons
Calculating Your Final Score Prematurely

19 Ten Ways to Start Your Career Off Right 10 topics

Win at the Numbers Game
Be an Apprentice
Do Your Homework
Treat the Minnow like a Whale
Smile When You Dial
When a Security Goes the Wrong Direction, Don’t Be a Stranger
Put In the Hours
Broaden Your Horizons
Pay Yourself First
Set Some Goals: The Brass Ring

03 / FAQs

Questions before you start

What is the Rice Series 7 exam prep course?

It is a preparatory course that helps you prepare for the challenging Rice Series 7 exam from the comfort of your home. Gain in-depth knowledge and test-taking tips to pass the exam.

Who should enroll in this course?

Anyone who wants to crack the prestigious Rice Series 7 Exam 2023/2024 should enroll. This includes candidates aspiring to become financial advisors, stockbrokers, investment bankers, and portfolio managers.

What is the Rice Series 7 exam conducted for?

Series 7 is a comprehensive exam administered by the Financial Industry Regulatory Authority (FINRA). It tests your skills and knowledge to become a registered General Securities Representative.

What is the exam format?

There are 135 questions in total (125 scored and 10 unscored). You get 3 hrs and 45 mins to answer all the questions.

What is the passing score?

You’ll have to score at least 72% to pass the Series 7 exam.

Get the Result You Want

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1 year of full access
Certificate of completion

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