what is series 24 pass rate

by Nikki Batz Published 3 years ago Updated 2 years ago

97% of candidates who pass our Series 24 benchmark exam on the first try pass the actual exam. 99% of candidates who average between 65% - 70% on their first 500 Series 24 practice questions pass the actual exam on the first try.

How much does it cost to take series 24?

A FINRA member firm or other applicable firms can register a candidate to take the exam by filing a Form U4 and paying the $120 examination fee. The Series 24 content is grouped into the five main...

Can I pass the series 24 but not the SIE?

Candidates can also pass the Series 24 and Series 16 exams but not the SIE and qualify for the research principal registration. The examination contains 150 scored questions and 10 questions that are not scored, with the non-scored questions randomly distributed throughout the exam.

What is series 24 exam in banking?

Series 24 is an exam and license entitling the holder to supervise and manage branch activities at a broker-dealer. The examination contains 150 scored questions and 10 questions that are not scored, with the non-scored questions randomly distributed throughout the exam.

What is a series 24 license?

Updated Mar 15, 2019. The Series 24 is an exam and license entitling the holder to supervise and manage branch activities at a broker-dealer.

What is the pass rate for Series 24 exam?

Series 24 Pass Rate and Tips. Our Series 24 Pass Rate is 94% – well above the industry average. Knopman Marks instructors deliver Series 24 test prep through live classes and on-demand lectures.

How hard is FINRA Series 24?

Understanding the Series 24 Exam To pass, a candidate must correctly answer at least 105 questions of the 150 scored questions. This equates to a score of 70%. The test administrator provides electronic calculators and dry-erase boards and markers.

Which FINRA exam is the hardest?

The Series 7 examThe Series 7 exam is by far the longest and most difficult of all the securities exams. It lasts for 225 minutes and covers all aspects of stock and bond quotes and trading; put and call options; spreads and straddles; ethics; margin, and other account holder requirements; and other pertinent regulations.

Is STC good for Series 24?

STC Series 24 Pros and Cons This is one of the best and most affordable options if you're looking for direct instruction from a qualified tutor. Cram Friendly: If you want to save time when preparing for your exam, STCUSA has a few features in their Standard package that can help.

What jobs can I get with a Series 24?

General Securities Principal - (FINRA Series 24) Jobs by SalaryJob TitleRangeAverageChief Compliance OfficerRange:$73k - $189kAverage:$128,043Compliance AnalystRange:$50k - $83kAverage:$65,694Compliance ManagerRange:$59k - $118kAverage:$88,382Senior Compliance AnalystRange:$63k - $95kAverage:$78,3833 more rows•Apr 12, 2022

How long does it take to get a Series 24?

3.5 hoursThe Series 24 Exam is made up of 150 questions. Candidates have up to 3.5 hours to take the exam. 70% (105 correct answers) is considered a passing grade....General Securities Principal Exam.Test breakdownNumber of questions% of examSupervision of investment banking activities3322%Supervision of trading and market making activities3121%3 more rows

What is the easiest FINRA exam?

Series 66 examAs a result, the Series 66 exam is considered by most to be an "easier" test. It will, like the Series 65, qualify the individual to act as an IAR, and it fulfills the requirements of the USA for state registration. Note that candidates can take the 66 or 7 in any order, but both must be completed in order to register.

Which series certification is best?

Best Financial Series Exam CertificationsSeries 52 – Municipal Securities Representative.Series 53 – Municipal Securities Principal.Series 62 – Corporate Securities Representative.Series 63 – Uniform Securities Agent State Law Examination.Series 65 – Uniform Investment Advisor Law Examination.More items...

What is the difference between Series 24 and 9 10?

While the scope of the general securities principal's supervisory authority is broader than the Series 9 and 10, the Series 24 is limited in the products that it covers. The general securities principal qualification does not cover municipal securities or options.

How do you pass 24?

0:457:43How to Pass the Series 24 - General Securities Principal ExaminationYouTubeStart of suggested clipEnd of suggested clipAnd to the individual must have passed both the S ie the securities industry essentials exam and theMoreAnd to the individual must have passed both the S ie the securities industry essentials exam and the series 7 the general securities registered representative exam the series 24 consists of 150

Is the Series 7 Hard?

Is the Series 7 Exam Difficult? Clocking in at 125 questions to be answered in three hours and 45 minutes, the Series 7 exam is considered the most difficult of all the securities licensing exams. The minimum passing score is 72, which may not seem that difficult.

How long does it take to study for Series 7?

80-100 hoursYou need to spend 80-100 hours studying for the FINRA Series 7 exam if you have a finance background and about 150 if you don't. The first thing you should do is lay out a study plan that ensures you put those hours in.

What is a series 24?

The Series 24 is an exam and license entitling the holder to supervise and manage branch activities at a broker-dealer. It is also known as the General Securities Principal Qualification Examination and was designed to test the knowledge and competency of candidates aiming to become entry-level securities principals.

How many questions are asked in the SAT?

To pass, a candidate must correctly answer at least 105 questions of the 150 scored questions. This equates to a score of 70%. The test administrator provides electronic calculators and dry-erase boards and markers. No other calculators, reference, or study materials are permitted in the examination room.

How long does it take to take the FINRA exam?

Candidates have a maximum time of three hours and 45 minutes to complete the exam. A FINRA member firm or other applicable firms can register a candidate to take the exam by filing a Form U4 and paying the $120 examination fee.

midsky

I just took my series 24 for the second time and got a 68, 2 points short of passing. Man!!! Anybody knows what the passing rate of series 24 is?

Indyone

I used Kaplan and scored similarly on the test (80). I don’t think the material is that hard…just dry as sawdust. I prepared for the 24 as little as I did for any securities test…I doubt I had 100 hours total in it.

Soccer Guy

i don't have any hard stats on the pass/fail rate for the Series 24, but I just took it this past Tuesday (and passed, with a scored of 77), and the lady at the testing center said that "most" people fail the exam. I would take that to mean over half, but please remember that that is hardly an official tally.

LordofEastGate

Does anyone have the STC Series 24 full package, including the on demand lectures and the book.with cd rom tests? Looking to get a deal.

vero

I just took the Series 24 for the second time, and I got a 67%; the first time I took it I got a 69%. I prepared by using STC, and I read the materials twice and took all seven simulation exams twice. When I took the sample tests, I was scoring in the low 80s, so I was shocked when I got a 67 on the real test.

vgaal

I totally agree with Vero. Did the exam today (68%) and some questions were just ridiculous. Even remembering the questions at home I still don’t know the answer with the stc material next to me.

vero

I have spoken to two people who passed the test since I wrote my post, and I asked them what percentage of the questions they did not recognize, and they also agreed with me at that it was at least 20-25 questions. Vgaal, check out the FINRA outline, but it doesn't really help. The topics are there, but not the answers.

Series 24 Exam Overview & FAQs

Created in 1979, the Series 24 exam assesses the competency of an entry-level principal to perform their job. The Series 24 exam is administered by the Financial Industry Regulatory Authority (FINRA), and required by FINRA and SEC.

Series 24 Exam Difficulty Level

The Series 24 is a very challenging exam, which requires a focused study plan in order to pass. In terms of the Series 24 pass rate, many testers are well prepared to pass on their first attempt, but on average it takes up to two tries. Attending a class is strongly recommended.

After the Series 24

For potential managers, principles, and directors, the Series 24 exam is a great way to further your career. Depending on the path you choose, you’ll also be required to pass a co-requisite exam, such as Series 57, Series 79, Series 82 and Series 86/87, or Series 16 for specialized principal roles.

Series 24 FAQ

When preparing to take the Series 24 exam, you should plan to study for 100-120 hours. Typically, candidates study over the course of 3-4 weeks. The time you need to spend preparing for the exam varies depending on your familiarity with the material.

What is a series 24?

The Series 24 exam — the General Securities Principal Qualification Exam (GP) — assesses the competency of an entry-level principal to perform their job as a principal dependent on their corequisite registrations.

What is a series 24 sales supervisor?

The Series 24, on the other hand, qualifies a candidate as a general securities principal ...

What is a Series 24 supervisory authority?

By passing the Series 24, the candidate can supervise all areas of the member's investment banking and securities business, such as underwriting, trading and market making, advertising, or overall compliance with financial responsibilities. While the scope of the general securities principal's supervisory authority is broader than ...

Does Series 24 cover municipal securities?

The general securities principal qualification does not cover municipal securities or options. [FINRA Registration Rules 1220 (a) (2) and 1220 (a) (10)]

FINRA Series Exams and Pass Rates

Thinking of getting a job in the finance industry? It’s not surprising as it is one of the most high-paying jobsyou could have in the United States. But if you plan to delve into the world of securities and insurances, you must pass the qualifying exams administered by FINRA, which will allow you to engage in those areas of the indus…

See more on blog.achievable.me

FINRA Representative-Level Exams

FINRA Series 6
The Series 6 is an exam that assesses the ability of a candidate to perform their job as an investment company and variable contracts products representative. The Series 6 exam covers topics on mutual funds, securities, variable annuities, and tax regulations, as well as retirement p…
FINRA Series 7
The Series 7 is an exam that assesses the ability of a candidate to perform their primary job as a general securities representative, which includes sales of corporate securities, investment company securities, municipal securities, variable annuities, options, direct participation progra…

See more on blog.achievable.me

FINRA Principal-Level Exams

FINRA Series 4
The Series 4 exam assesses the competency of a candidate to perform their job as a registered options principal. It covers topics such as options strategies and trading, foreign exchange options, best practices and regulatory requirements, and taxation. Before taking the Series 4 exa…
FINRA Series 9
The Series 9 exam is a required test for professionals who want to work as a general securities sales supervisor. It evaluates their competency in performing tasks that includes supervising sales and trade activities. It covers topics on options sales and trading, regulation, and administr…

See more on blog.achievable.me

Municipal Securities Rulemaking Body (Msrb) Exams

MSRB Series 50
The MSRB Series 50 exam is intended to measure the competency and knowledge of candidates to perform the responsibilities of a municipal advisor representative. The multiple choice questions are based on topics that include SEC and MSRB rules, municipal finance, credit analys…
MSRB Series 51
The Series 51 is an exam required for professionals who want to sell municipal fund securities or manage and supervise such individuals. Topics in this exam include underwriting, trading, and selling of municipal fund securities, maintenance of records, handling customers, and training pr…

See more on blog.achievable.me

National Futures Association (NFA) Exams

NFA Series 3
The Series 3 exam is a required test for a financial professional to be able to sell commodities, futures contracts, options, and hedging. The exam is made up of questions on market knowledge, theories and terminologies, regulations, and arbitrations procedures. The Series 3 exam does no…
NFA Series 30
The Series 30 exam is for the financial professional seeking to work as a Branch Manager for a futures trading firm. Candidates will need to study topics that include futures trading products, NFA regulations, solicitation rules, employee rules and ethics, account handling procedures, rec…

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North American Securities Administrators Association (NASAA) Exams

NASAA Series 63
The Series 63 is a securities exam that qualifies the holder to trade securities in any particular place in the United States. Candidates will be tested on their knowledge on state securities rules and regulations, soliciting customers, record keeping, ethical practices and fiduciary obligations…
NASAA Series 65
The Series 65 examqualifies candidates to become an investment advisor and tests their knowledge on portfolio management, investment advice, retirement investment options, economic trends, ethical business practices, and laws and regulations. There are no corequisite …

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Ready to Take The Next Step?

Did you find the license you need to take that next step in your financial career? If you’re in need of test prep for the Securities Industry Essentials (SIE) or Series 7, take a look at our modern, online courses. Every Achievable course includes an easy-to-read online textbook with real-world examples, thousands of review quizzes, and plenty of full-length practice exams. Join the thous…

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Bindings	0. 2025-04-17 02:23:58 1. what-is-series-24-pass-rate
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0. 2025-04-17 02:23:58
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15. /app/Providers/RouteServiceProvider.php:54
18. /vendor/laravel/framework/src/Illuminate/Routing/Router.php:842
19. Route binding:39
20. /vendor/laravel/framework/src/Illuminate/Pipeline/Pipeline.php:167
21. /vendor/laravel/framework/src/Illuminate/Foundation/Http/Middleware/VerifyCsrfToken.php:78

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19. middleware::checkdate:30
20. /vendor/laravel/framework/src/Illuminate/Pipeline/Pipeline.php:167
21. /vendor/laravel/jetstream/src/Http/Middleware/ShareInertiaData.php:61
22. /vendor/laravel/framework/src/Illuminate/Pipeline/Pipeline.php:167
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15. /vendor/outl1ne/nova-menu-builder/src/helpers.php:32
17. /vendor/laravel/framework/src/Illuminate/Routing/Controller.php:54
18. /vendor/laravel/framework/src/Illuminate/Routing/ControllerDispatcher.php:45
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19. /vendor/outl1ne/nova-menu-builder/src/Models/Menu.php:35
20. /vendor/outl1ne/nova-menu-builder/src/helpers.php:33
22. /vendor/laravel/framework/src/Illuminate/Routing/Controller.php:54
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24. /vendor/laravel/framework/src/Illuminate/Routing/Route.php:261

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Backtrace	24. /vendor/outl1ne/nova-menu-builder/src/Models/Menu.php:35 25. /vendor/outl1ne/nova-menu-builder/src/helpers.php:33 27. /vendor/laravel/framework/src/Illuminate/Routing/Controller.php:54 28. /vendor/laravel/framework/src/Illuminate/Routing/ControllerDispatcher.php:45 29. /vendor/laravel/framework/src/Illuminate/Routing/Route.php:261

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24. /vendor/outl1ne/nova-menu-builder/src/Models/Menu.php:35
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27. /vendor/laravel/framework/src/Illuminate/Routing/Controller.php:54
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14. /app/View/Composers/SidebarView.php:22
15. /app/View/Composers/SidebarView.php:12
16. /vendor/laravel/framework/src/Illuminate/View/Concerns/ManagesEvents.php:124
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