Securities industry essentials

The SIE Exam – Coming Soon

COMING SOON – EXPECTED WINTER ’24. Are you looking to jumpstart your career in the securities industry? Our SIE (Securities Industry Essentials) course is coming soon and it’s designed for aspiring professionals like you. The SIE certificate is often considered a prerequisite for job applications in the US securities industry. That’s why it’s important to prepare for the SIE exam and pass it with flying colors.

Enroll in our Comprehensive SIE Course

Our course not only covers all the essential topics you need to know for the SIE exam but also provides you with over 2000+ exercises, green light exams per section, and numerous practice tests to ensure you’re fully prepared. With a well-structured outline comprising four sections, we’ll guide you through the following SIE exam topics:

  • Knowledge of Capital Markets
  • Understanding Products and Their Risks
  • Understanding Trading, Customer Accounts, and Prohibited Activities
  • Overview of the Regulatory Framework

Our unique SIE exam course offerings include:

  • 2000+ exercises to reinforce your understanding of key concepts
  • Green light exams per section, providing you with the confidence to progress through the course
  • A multitude of practice exams to test your knowledge and ensure you’re ready for the real thing

By passing the SIE exam, you demonstrate your understanding of fundamental concepts within the securities industry. However, keep in mind that the SIE alone doesn’t qualify you for registration with a FINRA member firm or authorize you to engage in securities business. To become registered, you must pass both the SIE and a qualification exam specific to your desired line of business. You’ll also need to be associated with a member firm to take the qualification exam.

What does the SIE exam cover?

Section% of exam questions# of exam questions
Knowledge of Capital Markets16%12
Understanding Products and Their Risks44%33
Understanding Trading, Customer Accounts and Prohibited Activities31%23
Overview of Regulatory Framework9%7
Total100%75

FAQs About the SIE Exam

  • Q: Who can take the SIE exam?
  • A: Anyone aged 18 or older.
  • Q: How many questions are there on the exam?
  • A: 75 multiple-choice questions and 10 additional unscored questions.
  • Q: How much time do I have to take the exam?
  • A: 1 hour and 45 minutes.
  • Q: What is the best place to prepare for my SIE exam?
  • A: Our comprehensive SIE course will be your best source to prepare for the SIE exam – Live in Fall ’23!
  • Q: When and where do I take the exam?
  • A: You can take the SIE either online (visit https://www.finra.org/) or in person at a Prometric test center. After enrolling, you’ll have 120 calendar days to schedule and take the exam.
  • Q: How long are SIE results valid to get into the industry?
  • A: 4 years from the date you pass.
  • Q: What is the SIE exam for?
  • A: Passing the SIE is the first step towards getting a job in the securities industry. It shows prospec-tive employers that you’ve mastered fundamental concepts and you’re ready to take that first step into a new career. Passing this exam is mandatory in the US to be able to work as a securities industry professionals, such as becoming a trader. Passing the SIE alone does not qualify an individual for registration with a FINRA member firm or to engage in securities business. In order to become registered to engage in securities business, an individual must pass the SIE and a qualification exam appropriate for the type of business the individual will engage in. The individual must be associated with a member firm to take a qualification exam.
Finra overview
For more info, click on the picture.
  • Q: What is FINRA?
  • A: FINRA (Financial Industry Regulatory Authority) is a not-for-profit organization committed to investor protection and market integrity. It regulates brokerage firms that do business with the public in the United States. Overseen by the SEC, FINRA creates rules, examines and enforces compliance with its rules and federal securities laws, registers broker-dealer personnel, offers education and training, and informs the investing public. FINRA also administers qualification exams to ensure individuals employed by broker-dealers possess the necessary competence and knowledge for the industry.