Securities Institute of America | FINRA Exam Prep
Disclosure: This page contains affiliate links, and we may be compensated if you purchase from our links (at no additional cost to you).
Table of Contents
Overview & Company History
The Securities Institute of America (SIA) was established in 1996 as a provider of securities training and exam preparation materials. The company is now part of the John Wiley & Sons (Wiley) family and has grown to become one of the leading providers of online securities training courses in the United States. Over the years, SIA has expanded its course offerings to cover a wide range of securities exams, including Series 6, Series 7, Series 63, and many more. The company has built a reputation for providing high-quality, comprehensive training materials that help individuals pass securities exams on their first attempt.
Today, the Securities Institute of America continues to be a leader in the securities training industry, providing individuals with the knowledge and skills they need to succeed in their careers as securities professionals.
FINRA Exam Prep
The Securities Institute of America offers a wide range of FINRA Exam Prep courses in securities licensing, insurance, accounting, and financial planning. Some of its most popular courses include:
- Securities Industry Essentials (SIE) Exam Prep Course: This course prepares students for the SIE exam, which is a prerequisite for many securities licensing exams.
- Series 6 Exam Prep Course: This course prepares students for the Series 6 exam, which is required for individuals who want to sell mutual funds and variable annuities.
- Series 7 Exam Prep Course: This course prepares students for the Series 7 exam, which is required for individuals who want to sell a wide range of securities products.
- Series 63 Exam Prep Course: This course prepares students for the Series 63 exam, which is required for individuals who want to register as securities agents.
- Insurance Licensing Exam Prep Courses: The SIA offers a variety of courses to help students prepare for insurance licensing exams in various states.
- Accounting and Financial Planning Courses: The SIA offers a variety of courses in accounting and financial planning, including courses on tax planning, retirement planning, and estate planning.
Securities Industry Essentials (SIE) Exam Prep
The Securities Industry Essentials (SIE Exam) exam is a regulatory exam administered by the Financial Industry Regulatory Authority (FINRA) to test the knowledge and competency of individuals seeking to enter the securities industry. The SIE exam covers a wide range of topics, including basic securities industry concepts, types of securities, regulatory agencies, and customer accounts.
The complete SIE Exam Prep Course offered by the Securities Institute of America includes a variety of resources to help individuals prepare for and pass the Securities Industry Essentials exam and costs $109.
Series 3 Exam Prep
The Series 3 Exam is a licensing exam administered by FINRA that is required for individuals who wish to become registered commodities and futures brokers.
The complete Securities Institute of America Series 3 Exam Prep Course costs $249.
Series 4 Exam Prep
The Series 4 Exam is a licensing exam administered by FINRA that is required for individuals who wish to become registered options principals. Options principals supervise and approve options trading activities within their firms.
The complete Securities Institute of America Series 4 Exam Prep Course costs $269.
Series 6 Exam Prep
The Series 6 Exam is a FINRA licensing exam to test the knowledge and competency of individuals seeking to become registered as an investment company.
The complete Securities Institute of America Series 6 Exam Prep Course costs $159.
Series 7 Exam Prep
The Series 7 Exam is a licensing exam administered by FINRA to test the knowledge and competency of individuals seeking to become registered as general securities representatives.
The complete Securities Institute of America Series 7 Exam Prep Course costs $289.
Series 9 Exam Prep
The Series 9 Exam is a licensing exam administered by FINRA for individuals who wish to become General Securities Sales Supervisors. This exam assesses the candidate's securities industry regulations and supervisory procedures knowledge. It is intended for those who have already passed the Series 7 exam, which is a general securities representative qualification exam.
The complete Securities Institute of America Series 9 Exam Prep Course costs $149.
Series 10 Exam Prep
The Series 10 Exam, also known as the General Securities Sales Supervisor Qualification Exam, is a licensing exam administered by the Financial Industry Regulatory Authority (FINRA) for individuals who wish to become General Securities Sales Supervisors. The exam assesses the candidate's securities industry regulations and supervisory procedures knowledge.
The complete Securities Institute of America Series 10 Exam Prep Course costs $299.
Series 22 Exam Prep
The Series 22 Exam, also known as the Direct Participation Programs Limited Representative Exam, is a licensing exam administered by the Financial Industry Regulatory Authority (FINRA) for individuals who wish to sell and supervise the sale of direct participation programs (DPPs) and other alternative investments.
The complete Securities Institute of America Series 22 Exam Prep Course costs $209.
Series 24 Exam Prep
The Series 24 Exam, or the General Securities Principal Qualification Examination, is a licensing exam for individuals seeking to become general securities principals. FINRA administers this exam and covers a wide range of topics related to the supervision of a firm's securities business.
The complete Securities Institute of America Series 24 Exam Prep Course costs $309.
Series 26 Exam Prep
The Series 26 Exam, or the Investment Company and Variable Contracts Products Principal Qualification Exam, is a licensing exam for individuals who want to become securities supervisors for investment companies and mutual funds.
The complete Securities Institute of America Series 26 Exam Prep Course costs $239.
Series 39 Exam Prep
The Series 39 Exam, also known as the Direct Participation Programs Limited Representative exam, is a FINRA-administered exam focusing on regulating direct participation programs, including real estate investment trusts (REITs) and oil and gas programs.
The complete Securities Institute of America Series 39 Exam Prep Course costs $199.
Series 57 Exam Prep
The Series 57 Exam, also known as the Securities Trader Qualification Exam, is a FINRA-administered test that assesses the competency of individuals who wish to become proprietary traders.
The complete Securities Institute of America Series 57 Exam Prep Course costs $265.
Series 63 Exam Prep
The Series 63 Exam is a state-level licensing exam administered by the Financial Industry Regulatory Authority (FINRA) to test the knowledge and competency of individuals seeking to become registered as securities agents in a particular state. The exam covers state securities laws and regulations, including registration and licensing requirements and ethical business practices.
The complete Securities Institute of America Series 63 Exam Prep Course costs $149.
Series 65 Exam Prep
The Series 65 Exam is a licensing exam required by the North American Securities Administrators Association (NASAA) for individuals who want to become registered as investment adviser representatives (IARs) in the United States. The exam tests candidates on their knowledge of state securities regulations and ethical practices related to investment advice.
The complete Securities Institute of America Series 65 Exam Prep Course costs $205.
Series 66 Exam Prep
The Series 66 Exam, also known as the Uniform Combined State Law Examination, is a qualification exam for individuals seeking to become licensed as both securities agents and investment adviser representatives. This exam is administered by FINRA and covers topics such as ethical and legal practices, securities regulations, and investment products.
The complete Securities Institute of America Series 66 Exam Prep Course costs $185.
Series 79 Exam Prep
The Series 79 Exam is a licensing exam for investment banking professionals who engage in securities offerings, mergers and acquisitions, and other investment banking activities. The exam tests the knowledge and skills necessary for individuals to become registered representatives of investment banking firms.
The complete Securities Institute of America Series 79 Exam Prep Course costs $349.
Series 99 Exam Prep
The Series 99 Exam, also known as the Operations Professional Qualification Examination, which FINRA administers. This exam is designed for individuals who are engaged in or supervise the operations of a FINRA member firm.
The complete Securities Institute of America Series 99 Exam Prep Course costs $200.
Login Information
To access the Securities Institute of America's online courses and materials, individuals must first create an account and login to their student dashboard. To create an account, individuals can visit the SecuritiesCE website and click on the “Login” button at the homepage's top right corner. From there, they can select “Create an Account” and follow the prompts to input their personal information and create a username and password. Once the account has been created, individuals can login to their student dashboard by clicking the “Login” button and entering their username and password. From there, they will have access to their courses, study materials, and progress tracking tools. It is important to note that login information should be kept secure to protect personal and financial information.
Coupon Code & Discount
The Securities Institute of America Coupon Code PASS10 saves 10% on all orders.
Course Review
Investopedia rated the Securities Institute of America ‘Best for Career.'
Why We Chose It: “SIA, Inc.'s programming is tailored for someone looking for more than just professional enhancement: It's ideal for someone actually looking to move into a financial services career…SIA's products are intuitive and help guide you through the learning process step-by-step so that you feel prepared on the day of your exam.”
Free Trial
The Securities Institute of America does not offer a free course trial. However, they provide a sample of their course materials on their website, including study guides and practice exams, to give potential students an idea of what to expect from their courses. Additionally, they offer a Pass Guarantee Program for certain courses, which allows students to retake the course for free if they do not pass the qualifying exam on their first attempt. It is important to note that the Pass Guarantee Program may have certain restrictions and requirements, so individuals should carefully review the program details before enrolling in a course.
FAQ
What is the pass rate for the Securities Institute of America?
The pass rates for the Securities Institute of America's various exams vary depending on the exam and the testing period. The pass rates for the Series 7 exam, for example, will be different than those for the Series 65 exam due to the nature of the exams and the wide range of pass rates. It is important to note that pass rates can fluctuate based on a number of factors, including the difficulty of the exam and the level of preparedness of the candidates taking the exam.
How hard is the SIE exam?
The Securities Industry Essentials exam (SIE Exam) is considered to be an entry-level exam for individuals looking to start a career in the securities industry. While the exam is comprehensive, covering a broad range of securities-related topics, the pass rate is relatively high. However, the difficulty of the exam can vary depending on the individual's prior knowledge and experience in the industry. Some candidates may find the SIE exam to be challenging, while others may find it more manageable.
What does the SIE certification do?
The SIE (Securities Industry Essentials) certification is an entry-level exam that provides a fundamental understanding of the securities industry to individuals who wish to pursue a career in this field. Passing the SIE exam is a requirement for many FINRA-regulated licenses, such as the Series 7, Series 6, and Series 79 exams. The SIE exam covers various topics, including the structure of the securities industry, regulatory agencies, investment products, and basic securities transactions. The certification demonstrates that an individual has a foundational knowledge of the securities industry and can serve as a prerequisite for obtaining further securities licenses.
What is the most difficult FINRA exam?
The difficulty level of the FINRA exams can vary depending on the individual's level of knowledge and experience in the securities industry. However, many consider the Series 7 exam the most difficult FINRA exam due to its comprehensive nature and the wide range of topics covered. The passing score for the Series 7 exam is also relatively high, requiring candidates to answer at least 72% of the 125 questions correctly. Other exams, such as the Series 63 and Series 65 exams, are also considered challenging by some candidates due to their complex regulations and ethical considerations.
Where is The Securities Institute of America's headquarters?
The Securities Institute of America's headquarters is located in New York City, specifically at 40 Wall Street, 28th Floor, New York, NY 10005.
Who are The Securities Institute of America's competitors?
The Securities Institute of America's competitors includes other financial education and exam preparation providers such as Kaplan Financial Education, ExamFX, and STC (Securities Training Corporation).