I used to think certain customers were being paranoid when they asked if the computer will adapt to their answers at the testing center. Now that I've examined the structure of the GMAT exam, it all makes perfect sense. On the GMAT your answer to the first multiple-choice question determines the difficulty of the next question presented to you. If you miss the question, you get an easier question. Get that one right, and the difficulty level will rise, allowing you to score more points. The Series 65, on the other hand, generates 140 questions randomly when you fire up your test--no adaptations to what you're doing whatsoever on this exam. And, each question counts the same on the Series 65.
The GMAT also has a writing section scored by composition instructors and business professors, who use a "holistic" approach to score large batches of essays, as I did when teaching at Alabama State University back in the day. Good news, people--there are no essay questions on the Series 65 exam!
The GMAT teaches actual learning abilities/skills, while the Series 65 focuses on vocabulary, regulatory concerns, and basic features of securities investing. Therefore, the GMAT actually does put out "old test questions," while the Series 65 never does.
One advantage you get on the Series 65 exam vs. the GMAT is that you can mark questions for review and then change your answers on the Series 65.
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