Welcome to the Achievable SIE course. The Securities Industry Essentials (SIE) exam is a FINRA exam for candidates who want to start a career in the securities industry.
Here’s how the FINRA website describes the exam:
This introductory-level exam assesses a candidate’s knowledge of basic securities industry information, including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies, and their functions; and prohibited practices.
Anyone 18 years of age or older can take the SIE.
You don’t need to be associated with a firm (“sponsored”) to take the exam. After you take it, your results are valid for four years.
The exam consists of 75 multiple-choice questions. Five of these are experimental questions and aren’t scored.
You’ll have 1 hour and 45 minutes to complete the exam. A passing score is 70% or higher.
The content outline of the exam is comprised of 4 major sections:
The textbook’s wrap-up section includes more details about taking the SIE exam, including how to register, exam cost, and test-taking options.
Most people schedule their exam about two weeks before their intended test date.
This course is designed to guide you through the full SIE content outline. Achievable exam prep includes an online textbook, review questions, full-length practice exams, and videos on key topics.
For the most efficient path through the material, start with the textbook and then move into practice questions and full-length exams.