Overview. The Securities Industry Essentials® (SIE®) Exam is a FINRA exam for prospective securities industry professionals. … In order to become registered to engage in securities business, an individual must pass the SIE and a qualification exam appropriate for the type of business the individual will engage in.

Is the SIE exam difficult?

With an average pass rate of 74%, the SIE exam difficulty is very challenging. For a passing pass rate score, candidates must answer 53 out of the 75 questions correctly. Individuals who are 18 or older are eligible to take the SIE FINRA exam.

What does the SIE qualify you for?

The SIE Exam is the first in a series of exams required for anyone who wants to sell, trade, or advise clients regarding securities. Anyone who is interested in a career in financial planning would benefit from learning this information and passing the test.