SIE EXAM CHEAT SHEET - Professional Exam Tutoring

1 SIE EXAMCHEAT SHEETGAIN CONFIDENCE AND PASS YOUR exams !7 TRIED AND TRUE TIPSTO HELP YOUPASSTIPS AND TRICKS FROMYEARS OF TUTORINGBy: Professional Exam Tutoring Professional Exam TutoringTABLE OF CONTENTSA NOTE FROM 1: PLAN 2: START MEMORIZING 3: OPTIONS ARE NOT AN 4: MATH IS THE 5: PRACTICE, PRACTICE, PRACTICE Q 6: ALWAYS BE 7: KEEP GOING!..8 Professional Exam TutoringA NOTE FROMJIM:I have been Tutoring candidates forthe Series 7 for the new SIEExam,I have compiled some keyideasfor whatit takes to you expect to study for twoweeks or two months, this cheatsheethas thefundamentalprinciplesyou needto these tips and you ll be onyour way!! Professional Exam TutoringTIP 1: PLAN AHEADThe Benefits of a Study Schedule: Get clear on your study time Tracks subjects covered More effective memorization Avoids cramming Less anxiety on exam dayUnpredictable Schedule!

2 ?You re not the only one! Instead of aschedule set in stone keep track of hoursstudied (and subjects). Aim for 16 hoursper week on average for 2 per day for reviewon what you ve already TIP: Professional Exam TutoringTIP 2: START MEMORIZING EARLYL earnThe the of Work isa MUST!!Keep a list ofterms you can trememberREVIEW DAILY! Professional Exam TutoringTIP 3: OPTIONALPRO TIP:Option can be tough. Tackle it first. Chip awayat them for at least 30 min per day!CALLPUTLongRightRight(Buyer)to Buyto SellShortObligationObligation(Seller)to Sellto BuyKnow this table! Not knowing options puts apassing grade in major jeopardy! numbers are hard to come by, buttheOptionssection used to makeupclose to20% of theSeries 7 the SIE exam, itis likely is lessemphasis oncomplexcalculations and strategies,and more ontheoretical and some on max gain/loss.

3 Professional Exam TutoringTIP 4: MATH QUESTIONS CAN BE GIMMES Math Topics That Trip Up Most People:Conversion Ratios (ConvertibleBonds/Preferred Stock)Margin Call PriceSMA (Margin Section)Option Strategy Profit/LossIf you know the formula you can get the answer! Memorizeformulas!You don t need to know E = mc2to pass!Addition Subtraction Multiplication DivisionMath Tips For Exam Day! Read, and re-read exactly what formula thequestion is asking for before you answer As SOON as you start taking the test (not before!),write down formulas you might forget *IMPORTANT* Don t write anything downbefore the test starts or it counts as cheatingand you could automatically fail Do your best to understand the formulas don tjust memorize unless you absolutely have to Professional Exam TutoringTIP 5: PRACTICE, PRACTICE, !

4 Challenge:Isn t 80% goodenough?Response:From what I veseen, not always! Andwhy risk it? Aim for 85%,90%, or above,on yourpractice exams and you reall but assured to pass!Reading the textbook is a must butpractice questions are a necessity!Follow These practice questions from the text more practice questions!The more familiar you become with thetypes of questions they ll ask the morecomfortable you will be at exam time!2weeks before the exam, practice,practice, practice questions!3 hours per day x 14 days!PRO TIP: Professional Exam TutoringRepetition is more effective than show that spacing outstudyinghelpssolidifylearninginto long-termmemory; recallis is A LOT of material inFINRA s SIEcurriculum. Unless you have an extensivebackground in finance, don t even try to cram!

5 TIP 6: ALWAYS BE REVIEWINGPRO TIP:**MOST IMPORTANT** Incorporate review sessions into yourstudy schedule (note calendar above)3 KEY REASONS TO PERIODICALLY do people retain content afteronly reading material of the reading material, andproblem set questions, reinforceconcepts and is best spaced out. Studyingone section weeks before the examcould lead to forgetting the contentbefore exam time. Professional Exam Tutoring7 Reasons to Keep Going If You Feel Discouraged! patient. Scores of around 50% on the practice examsfor the first few weeks of study are ! Many fail their first exam attempt (some sayupward of 33%). The second typically goes better! can seem insurmountable. Take it in small t try and learn it all at , convertible bonds, and margins are the mostdifficult sections.

6 Revisit them until you don t need to! up for yourself. A lot of employers will pressureyou to take the exam before you re ready. Don t putyourself in an impossible you come across a word you don tknow ( ,hypothecation!?),don t skip it! Look it up on Google orin thetext s stay focused, and recharge your focus. Get someexercise or take an outdoor break.**Bonus** If you need a tutor then reach out! We are here tohelp!Good luck!!~JimTIP 7: KEEP GOING! Professional Exam Tutoring