1: series 86 exam definition
2: How Series 86 works
3: series 86 vs series 85
4: example of series 86
Opening information:
Series 86 exam sentence breaks into three things series, 86, and exam, series means part of one full event, 86 means number which is used to represent some meaning, and exam means qualifying one person through the test.
Series 86 exam is a test for qualifying someone on the part of some skill of work, so now let’s have a look at what is a series 86 exam, how the series 86 exam works in the stock market for all Corporate Industries, and what is the difference between the series 86 and series 85, series 87, finally one clear example about the series 86.
1: series 86 exam definition
Wherever someone wants to become a doctor in most of the countryside, they learn the basic things like all other students in primary school without any difference in courses.
After the completion of primary school, he got into secondary school without any big difference in studies like others, because the school became the basic thing for all the common students anyone who wanted to become anything,
At the same time, after high school, the college differentiates a student’s studies based on their goals with career.
If a certain student wants to be a doctor, they enter into learning and qualify in the field of medicine, or if the student wants to be an engineer they go to engineering college and choose to qualify as an engineer.
This same applies to the series 86 exam, which means anyone who wants to become a research analyst in the securities market, needs to learn Security industry essentials (SIE) before becoming a research analyst.
Because SIE is the basic thing for all the Securities in the public market, like primary school is the basic thing for all the children.
After these SIE exams, the candidate would able to become a research analyst, like after high school students become Particularly doctors through colloquium exam.
Here the research analyst exam is the one which is perceived as a series 86 exam with rules and regulations of financial Industry-regulated authority.
2: How Series 86 works
Series 86 is the one that represents the research analyst, therefore the person who wants to become a research analyst needs to attend the Series 86 exam.
However the series 86 exam is not a basic fundamental exam about the Securities, instead, it’s advanced level education about the practice of Securities in the public market.
So anyone who needs to take the series must required to take and pass the Security industry essential exam, like attending primary school before going to take secondary high school study.
Moreover, this exam has nearly 100 questions in the papers, which normally takes 30 minutes maximum to finish the exam, if the Series 86 exam questions rule changes in the future, then the time frame of the Series 86 exam might have a chance to change in the future too.
The candidate must need to answer at least 73 questions correctly based on the FINRA rules to possess your score as a pass mark to get a required license for a research analyst.
Still, we understood that series 86 possesses a research analyst, but we didn’t see what a research analyst is, they are research analysts in Securities, and again you might have questions about what a securities analyst is.
Well, series 86 research analysis would have the authority to analyze the registered Securities that are approved by the Security and Exchange Commission and other public government agencies.
By acquiring this skill as a single person, the passed candidate would work under the broker and dealers as a research analyst among diversified securities.
On the other hand, the person who is a licensed as research analyst of the equities market would have the authority to start their business service regarding research of the Securities market.
Most people confuse series 86 and series 85, so let’s jump into the key difference in it anyway.
3: series 86 vs series 85
The difference between series 86 and series 85 is, that series 86 are the one which is the test for determining and educating a person regarding becoming a research analyst.
Next series 85 is the that doesn’t represent any kind of representative and test, series 85 doesn’t have any exam at all, and there is no exam for series 86.
To make you more clear about the series 86 exams, let’s see one clear example anyway.
4: example of series 86
Say you and your friends wrote exams completely related to involving in securities trading exam, after the two attempts of falling you became the general securities representative and your friends became Research analysts.
By working on the same Category of Securities, it doesn’t mean you wrote the same exam. Here your friend is the one who finished the series 86 exam.