Is the Series 79 exam hard?
How hard is the Series 79 exam? Candidates must apply their knowledge to specific scenarios related to the three investment banking functions identified as critical by FINRA. The degree of Series 79 exam difficulty, therefore, is quite high. The questions are detailed with a heavy emphasis on data and analysis.
How do I study for the Series 79?
Test-Taking Tips for the Series 79 Exam
- Pacing.
- Read and Understand the Question Before You Answer.
- Getting to the Point of the Question.
- Predict an Answer Choice if Possible.
- Read Every Answer Choice.
- Answer Every Question, and Don’t Dawdle.
- Mark for Review and Return Later.
How long does it take to pass Series 79?
Series 79 format for registration prior to Oct. 1, 2018
| Number of Questions | 175 (+10 experimental Qs) |
|---|---|
| Format | Multiple Choice |
| Duration | 300 minutes |
| Passing Score | 73% |
| Cost | $305 |
Whats harder Series 7 or 79?
The Series 79 exam is 75 questions and takes 2.5 hours while the Series 7 is made up of 125 questions and takes three hours 45 minutes to complete.
Is there a lot of math on the Series 79?
Although candidates tend to focus on the math and valuation content, it accounts for only about 10%–15% of the exam. Regulations and processes are much more important in terms of number of questions. Expect to see some non-traditional investment banking questions, such as ones involving bond math.
Which is the hardest series exam?
The Series 7 exam is by far the longest and most difficult of all the securities exams. It lasts for 225 minutes and covers all aspects of stock and bond quotes and trading; put and call options; spreads and straddles; ethics; margin, and other account holder requirements; and other pertinent regulations.
Can you study for the Series 79 in a week?
The Series 79 Top-Off Exam typically requires 50–75 hours of total prep. New investment bankers should expect to commit around 75 total hours (3–5 weeks while working full-time).