FINRA Series 79 exam guide
The Series 79 tests company analysis, underwriting and offerings, M&A, tender offers, and financial restructuring for investment banking representatives.
Overview
- Questions
- 80
80 administered: 75 scored and five unscored pretest items
- Time
- 2 hours 30 minutes
Exam time
- Format
- Multiple choice
Computer-based
- Pass mark
- Not published
FINRA's current 2025 Series 79 outline describes equating but does not publish a numeric passing cutoff.
3 syllabus topicsOpen the published blueprint
| Topic | Syllabus headings | Questions on the paper |
|---|---|---|
| 1. Collection, Analysis and Evaluation of Data | 0 | 37 |
| 2. Underwriting/New Financing Transactions, Types of Offerings and Registration of Securities | 0 | 20 |
| 3. Mergers and Acquisitions (M&As), Tender Offers and Financial Restructuring Transactions | 0 | 18 |
Guide topics
Exam overview
Eligibility, enrollment, cost, exam format, and results.
6 articlesExam difficulty
Study time, difficulty, and readiness.
1 articleExam topics
The Series 79 functions and focused investment banking concepts.
2 articlesStudy plans
Practical preparation, valuation, and revision schedules.
2 articlesPractice tips
Original Series 79 questions and worked explanations.
2 articlesCareers and preparation
Investment banking pathways and preparation options.
1 articleComparisons
Related securities qualifications and preparation options.
1 article