SIE Exam

About the SIE Exam

The Securities Industry Essentials (SIE or Essentials) Exam is a new 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.

Passing the Essentials exam alone does not qualify an individual for registration with a FINRA member firm or to engage in securities business. In order to become registered to engage in securities business, an individual must pass the Essentials exam and a qualification exam appropriate for the type of business the individual will engage in. The individual must be associated with a member firm to take a qualification exam.

To learn more about the SIE Exam visit

Who Can Take the SIE Exam?

The Essentials exam is open to anyone aged 18 or older, including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.

Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.

To learn more about STA’s special membership for students visit Student in Finance Membership.

About Knopman Marks

For over 25 years Knopman Marks has helped thousands of candidates pass their licensing examinations on the first attempt, and their pass rates are consistently above the industry average. Knopman Marks guides students from the moment they receive their study materials until they successfully pass their required exams. Knopman Marks takes pride in partnering with the biggest firms on Wall Street and training thousands of new analysts and associates each year.

To learn more about Knopman Marks visit

STA “Friends & Family” Partnership with Knopman Marks

STA is pleased to announce that Friends & Family of STA Members are eligible for a 20% discount on training services offered by Knopman Marks ($60 value). Members must be in good standing.

To obtain the 20% discount code, please email

Articles of Interest

Lawyers vs Brokers

STA Comment Letter on Continuing Education

STA Comment Letter on FINRA Engagement Initiative