Hello, I'm Brian marks one of the partners at Knopman Marks financial training
And I'm looking forward to helping you prepare for the series 24 examination
You should expect to commit about 100 hours to preparing for the exam over the next five to eight weeks
Let's quickly talk about the specification of the exam the test itself is
160 total questions of which 150 are graded there are 10 experimental questions on the exam
Which do not count towards your score the passing score is a 70% so of the 150 grade II questions. You need to correctly answer
105 to pass the test exam at 3 hours and 45 minutes long
You'll have plenty of time to finish the test because there's very little math on the examination
The exam is broken into five content areas general Broker-dealer supervision
supervision of registration
supervision of accounts
supervision of trading and supervision of investment banking the exam focuses on applying rules
You've studied in those five content areas to specific scenario based questions
So there's not a lot of math on this test to give you calculator. You're probably not going to use it
There's a little bit of rote memorization, but not a whole lot
it's mainly scenario based questions this exam is unique and
Different from the registered representative level exams you might have taken earlier in your career
Unlike the series 7 or the Series 79
where maybe you read some of the book maybe you read none of the book and you still pass the exam
Reading the book for the series 24 is not an optional activity
So go ahead
Tear through that Fedex label make your way through the bubble wrap and start reading the book and I'll sit here and wait
until you finish
No, I'm just kidding but seriously reading the book is very very important for this test this exam knows you're smart or at least it
Thinks you're smart
So you cannot fool them by trying to pass without reading the book when you're reading don't worry about
Retention of the information nobody retains by reading just the textbooks focus on comprehension of the content while it's staring you in the face
If you get the chapter 3 and you've forgotten everything from Chapters 1 & 2 that's totally fine
You're almost reading it like a novel a terrible novel, but in nonetheless once you're under reading the textbook
You should attend one of our programs you can either come to a live class or you can watch our on-demand training
The purpose of the class is to cover the most difficult content and the most heavily tested content
We suggest attending the program within a few weeks prior to your examination
If you'd like to come earlier than that a few months before. That's okay
But then you should probably come back to class just before taking your exam
And you know what even if you'd like to come to class after passing the exam. We're happy to have you though
We rarely get any takers on that in addition
You're going to be doing practice exams we suggest completing least 1,000 practice questions on the q bank before taking the test
Plus you're going to do our diagnostic and benchmark exam
Which are each more difficult than the actual test?
So those are going to you good indication that you are prepared to go in and pass the exam
We're also going to provide you with a class summary and a supplement which details the latest trends of the exam and any recent rule
Changes and ensures that you go into the test armed the most up-to-date content
How long do you need to expect to prepare for the exam? We suggested 100 hours which while you're working full-time?
Usually takes about five day weeks
Unfortunately this is not an exam where you can only study with your free time
You need to actually make time for the test. You need to make the exam a medium priority in your life
During that five to eight week period What you can't do is study only on the weekends
If you study only on the weekends that means you move backwards during the week the minimum commitment
you need to make during the week is at least thirty minutes every other day, I'd
Rather have you study for at least an hour every day
But the absolute minimum that I will accept is 30 minutes at least every other day
I recognize maybe it's been a Few years since you've taken a test
You're probably not 22 anymore where your only obligation is to work and study you probably have many personal and professional
obligations to deal with in addition to the series 24
We are here to help you work through those we've trained thousands of candidates for the exam our pass rate is currently over
90% so we've seen every distraction, and we've helped candidates fight through those distractions
We're happy to help you work through whatever issues are getting in the way of your preparing for the test
Finally we need to have an ongoing dialogue as you prepare for the exam. This is a one-sided conversation with every other conversation
We have is going to be two-sided you have my cell phone number you have my email address
Happy to chat with you in the evenings and weekends when you're doing your studying to help you work out that initial plan
Check in with you
Periodically to see how things are going and to help you give you that final boost of confidence in the days prior to your examination
Thanks very much for joining us best of luck studying for the test
