The Guide You Need for a Successful SIE Exam Experience

The Securities Industry Essentials (SIE) exam is absolutely necessary for any individual who’s interested in joining the securities industry.

However, be aware, the exam isn’t easy and many people fail it. There are a number of reasons why people fail the SIE Exam, but if you learn to avoid the pitfalls, you’ll certainly succeed.

SIE Exam Success Guide

FINRA’s purpose for introducing the SIE Exam is for candidates to be tested on fundamental securities industry rules and regulations, as well as basic product information for stocks, bonds, mutual funds, etc. The exam consists of 75 multiple-choice questions and candidates are allotted 105 minutes to complete it. The minimum required passing score is 70%.

Why Do People Fail the SIE Exam?

Unfortunately, many people do fail the SIE Exam and listed below are some of the typical reasons:

  • Not studying
  • Not studying the right material
  • Not completing practice tests
  • Not asking for help
  • Memorizing facts rather than understanding the material

How to Pass the SIE Exam

No. 1: Study

According to Professional Exam Tutoring, the amount of study time a person needs is dependent on his prior knowledge. So, be honest with yourself. If you’re not yet comfortable with the basics (such as the definition of a “bond” or “stock”), then you should plan on studying for at least two months. However, the optimal time is actually based on when you begin to feel confident with the material.

No. 2: Study the right material

The study material you choose will greatly influence your chances of success. Be sure to spend your time studying from the best material.

Securities Training Corporation (STC) has great resources to help you pass your exam. STC’s material is proven to effectively explain relevant subject material.

No. 3: Use practice tests

To truly understand the exam content, STC also provides eight appropriate practice exams. All of the exams should be completed so that you gain confidence with your knowledge of the material. Another recommended resource is the practice test that FINRA makes available on its website (

Here’s a tip: To increase your chances of passing the actual exam, strive to achieve scores of 85% or better on your practice exams.

No. 4: Get help if necessary

There are tutors and resources available that can help you better understand the information and prepare for the test. Don’t be afraid to reach out to Securities Training Corporation to take advantage of these resources.

No. 5: Understand what you’re studying

Rather than simply memorizing material, strive to understand it. Understanding it will increase your chances of success on the exam and will also help as your career continues.

Get the help you need from Securities Training Corporation

Securities Training Corporation is here to help you succeed, which is why we’re thrilled to give you the tips and information you need to prepare for and pass the exam. If you have any questions, or if you need further assistance with the SIE Exam, please contact Securities Training Corporation.


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