Series 24 Exam Pass Rate Analysis for 2025
- April 1, 2025
- Posted by: 'FINRA Exam Mastery'
- Category: Finance
βThe Series 24 exam, officially known as the General Securities Principal Exam, is administered by the Financial Industry Regulatory Authority (FINRA). It qualifies individuals to supervise or manage branch activities such as corporate securities, REITs, variable contracts, and venture capital. βWikipedia+1ExamFX Blog+1
π Series 24 Exam Overview
- Number of Questions: 150 scored multiple-choice questions, plus 10 unscored pretest questions
- Duration: 3 hours and 45 minutes
- Passing Score: 70% (i.e., 105 correct answers out of 150)
- Prerequisites: SIE plus one of the following: Series 7, Series 57, Series 79, Series 82, Series 86 and 87, or Series 16
- Cost: $175 βKnopman MarksAchievable+5FINRA+5Knopman Marks+5FINRA+6Achievable+6FINRA+6
π Estimated Pass Rate
FINRA does not publish official pass rates for the Series 24 exam. However, industry sources estimate the pass rate to be between 70% and 75%. Despite this, many candidates find the exam challenging due to its comprehensive coverage of regulatory and supervisory aspects in the financial industry. βAchievableExamFX Blog
π§ Exam Content Breakdown
The Series 24 exam covers the following areas:β
- Supervision of Investment Banking Activities: 22%
- Supervision of Trading and Market Making Activities: 21%
- Supervision of Brokerage Office Operations: 19%
- Sales Supervision; General Supervision of Employees; Regulatory Framework of FINRA: 29%
- Compliance with Financial Responsibility Rules: 9% β
π Preparation Tips
- Study Time: Allocate at least 80 to 100 hours of dedicated study time.
- Study Materials: Utilize comprehensive study guides, video training classes, and practice exams.
- Practice Exams: Regularly take full-length practice exams to build endurance and identify areas needing improvement.
- Focus Areas: Pay special attention to topics like trade reporting, NASDAQ Market Center operations, and FINRA’s corporate finance rules.βReddit+2Securities Institute+2Securities Institute+2FINRA+4Securities Institute+4Securities Institute+4
π Exam Day Tips
- Time Management: With approximately 1.5 minutes per question, practice pacing to ensure you can complete all questions within the allotted time.
- Review: Use any remaining time to review questions, especially those you were uncertain about.
- Stay Calm: Maintain composure to ensure clarity of thought and optimal performance.βSecurities Institute
For more detailed information and resources, you can visit FINRA’s official page on the Series 24 exam: FINRA