SIE Exam Pass Rate is a recurrent question that occurs in the candidates who want to take part in FINRA Securities Industry Essentials exam. The objective of this post is to let you know about SIE Exam Pass Rate of the previous SIE exams as well as how to take preparation for the SIE exam. Perhaps, most candidates know how tough the SIE exam is. Still the SIE Exam Pass Rate is not bad enough. According to FIRNA reports, more than one third of SIE candidates pass SIE exam eventually. So, if a candidate take proper preparation for SIE test, it is much easier to pass SIE exam.
SIE Exam Pass Rate
If a candidate wants to pass SIE exam, he must at least secure 70% of the total marks. Obtaining 70% of total marks is not an easy task. It requires hard and concentrated efforts to pass the test. SIE exam tests the candidates’ ability of understanding the key concepts as Securities Industry Essentials. It is a qualification test. If a candidate pass the SIE exam, he enhances his values in the profession arena. Therefore, a SIE candidate has to obtain at least 70 percent marks to pass the exam. If a candidate get more than 70 percent marks, it will give an extra zest in his professional skill.
SIE Exam Pass Rate Reports
As said you have to score 70% or above to pass the SIE exam. According to Financial Industry Regulation Authority (FINRA) report in August 2019, SIE Exam Pass Rate was 82%. The total number of examinees that year was 67,445. Over 58 thousand candidates were taking part in the SIE exam for the first time. And the first time candidates’ pass rate was 74 percent. Considering the result of SIE exam in the previous years, we infer that SIE Exam Pass Rate in SIE exam is always between 72-83 percent. So, a good number of SIE candidates pass the SIE exam.
SIE Exam Passing Strategy
This is a new website. It aims to cover the news of exam and result worldwide. In that process, we are covering USA SIE exam news. We will elaborately talk about the SIE exam preparation. Though according to statistics, it seems the SIE test is quite easier. But stats do not always show the internal conditions of a test. Such is the case with SIE exam too. Thus we are going to show you the marks distribution first. Then we will be talking about SIE exam passing methods.
SIE Exam Pass Mark Distribution
There are 75 questions in total. Candidates have to answer all the 75 questions. The duration of the exam is 1 hour and 45 minutes. So, we can decide that the answer will not be big rather MCQ type questions. Within the due time, candidates to have to answer all the questions. The questions requires instant thinking ability. If you have strong preparation and a good common sense, you will pass the SIE exam pass rate. However, we are giving below the range of area from where the questions may be asked.
SIE Exam questions Pattern
SIE exam will encompass 4 following areas:
- Knowledge of the Capital Markets (16% questions)
- Understanding Products and their Risks (44% questions)
- Understanding Trading, Customer Accounts and Prohibited Activities (31% questions)
- Overview of Regulatory Framework (9% questions)
We wish you a piece of good luck for the exam.