SIE vs Series 7: How They Fit Together

You need both. The SIE is FINRA's general-knowledge exam (75 questions, $100, no sponsor), and the Series 7 is the job-specific "top-off" exam (125 questions, $395, sponsor required). Registration as a General Securities Representative requires passing both.

Updated 2026-09-23 · 3 sources · By the SeriesPrepKit team

SIE vs Series 7: the facts

Verified on FINRA exam pages and NASAA materials on 2026-09-23.
SIESeries 7
Official nameSecurities Industry Essentials (SIE) ExamGeneral Securities Representative Exam
OwnerFINRAFINRA
Scored questions75 (+5 unscored)125 (+5 unscored)
Time1 hr 45 min3 hr 45 min
To pass70 (scaled)72 (scaled)
Exam fee$100$395
Sponsor requiredNoYes
PrerequisiteNone. Must be 18 or older.Firm sponsorship; SIE is a co-requisite for registration
Online testingTest center or online (remote proctoring open to any SIE candidate)Test center; online only with an approved accommodation
Our prep (12 months)$79$119

What each one lets you do

Since FINRA’s 2018 restructuring, the old all-in-one Series 7 was split: general content moved to the SIE, and the Series 7 now tests job functions. The SIE is valid for four years, so you can take it before you are hired.

Which should you take?

If...Take
Not yet hiredTake the SIE now; it signals commitment to employers.
Hired and sponsoredTake whichever the firm schedules first; most do SIE then Series 7.

Cost of each path (exam fees)

FINRA/NASAA exam fees verified 2026-09-23; prep costs extra.
PathNoteFees
SIENo sponsor$100
Series 7Sponsor required$395

Total

$495

Rep Path bundle: SIE + Series 7 + Series 63 for $149

All three banks for one price (vs $257 bought separately). One-time payment, 12 months, free access extension until you pass.

Get the Rep Path - $149

Frequently asked questions

Is the Series 7 harder than the SIE?

Yes, generally: it is longer (3 hr 45 min vs 1 hr 45 min) and heavier on options, municipals and suitability math.

Can I take the Series 7 before the SIE?

Yes. The SIE is a co-requisite, not a prerequisite; you need both to register, in either order.

Sources

  1. FINRA - Securities Industry Essentials (SIE) Exam (accessed 2026-09-23)
  2. FINRA - Series 7 General Securities Representative Exam (accessed 2026-09-23)
  3. FINRA - SIE Exam and Exam Restructuring FAQ (accessed 2026-09-23)