Series 79 Exam or Investment Banking Representative Qualification Examination
The Series 79 exam—the Investment Banking Representative Qualification Examination (IB)— evaluates the competency of a passage level enlisted agent to perform his or her occupation as a speculation financier.
The exam measures the extent to which every competitor has the learning expected to perform the basic elements of a venture keeping money delegate. This incorporates prompting on or encouraging obligation or value offerings through a private arrangement or open offering, and exhorting or encouraging mergers and acquisitions, delicate offers, money related restructurings and resource deals.
Qualification for the Series 79 Exam
The applicant must be supported by a FINRA part firm to be qualified to take the Series 79 exam. For more data on qualification prerequisites, please see the principle site.
Format of the Series 79 Exam
The Series 79 comprises of 175 scored questions and an extra 10 unscored pretest questions. Applicants have five hours to finish the exam. The passing score is 73 percent. This is done on PC so the outcomes are given directly after the exam as a pass or come up short, and also a breakdown of the execution in every segment.
Capacity 1 - Collection, Analysis and Evaluation of Data 75
Capacity 2 - Underwriting/New Financing Transactions, Types of Offerings, and Registration of Securities 43
Capacity 3 - Mergers and Acquisitions, Tender Offers and Financial Restructuring Transactions 34
Capacity 4 - General Securities Industry Regulations 23
Total 175
Study Guide And Test Preparation For Series 79 Exam
A Complete Series 79 Exam Study Guide that includes sample questions, test tips and a complete study plan prepared by a team of expert and dedicated researchers. Cost-effective and qualified exam help from a committed exam preparation company.
Series 79 Study Guide (printed book)