Your First Step to a Career in the Securities Industry
The Security Industry Essentials® (SIE®) Exam is a FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
The SIE is open to anyone aged 18 or older. You may take the exam before receiving a job offer, and the results are valid for four years.
Taking the SIE
Passing the SIE shows prospective employers that you’ve mastered fundamental concepts and you’re ready to take that first step into a new career.
- Ability to distinguish yourself from your peers seeking internships or jobs
- Opportunity to jumpstart your career goals
- Immediate notice of your pass/fail status with performance feedback if you fail
- Increased marketability in financial services industry
What happens when I pass the exam?
When you pass the Essentials exam, you must take a few more steps before you can register with FINRA or engage in securities business. To become registered to engage in securities business, you must also pass a qualification exam appropriate for the type of business in which you will engage.
First, you must be associated with a broker-dealer to take a qualification exam. The broker-dealer then sponsors you to take an exam, such as the General Securities Representative (Series 7) exam.
In addition to passing exams, you must satisfy other requirements, such as completing a background check, before you can engage in securities business.