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.
What is the Series 79 pass rate?
73%
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 |
Is 79 or Series 7 harder?
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.
How many hours should you study for the Series 79?
Series 79 Top-Off Exam Study Plan. 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).
How long is Series 79 valid?
2 years
Co-Requisite Exam Expiration Date Chart
| SIE Co-Requisite Representative Exams | Expires After | |
|---|---|---|
| Series 79 Top-Off | Investment Banking Representative Exam | 2 years |
| Series 82 Top-Off | Private Securities Representative Exam | 2 years |
| Series 86 and 87 Top-Offs | Research Analyst Exam | 2 years |
| Series 99 Top-Off | Operations Professional | 2 years |
How do I study for 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.
Can I take the series 79 without a sponsor?
To take the Series 79 exam, you must be sponsored by a FINRA member firm or a self-regulatory organization (SRO). Firms apply for candidates to take the exam by filing a Uniform Application for Security Industry Registration or Transfer (Form U4).
Can I take series 79 remotely?
Remote Exam Updates. To address the ongoing challenges facing exam candidates by the COVID-19 pandemic, FINRA is adopting an interim accommodation request process to allow candidates to take additional FINRA exams online, including the Series 24, Series 57, Series 79 and Series 99 exams.
Can you use a calculator on SIE exam?
The SIE Exam cost is $60 and is paid directly to the testing center. You cannot bring in anything with you—pen, pencil, calculator, cell phone, smart watch, paper—everything is prohibited.
What is a Tess number?
Each individual who enrolls through TESS is assigned a unique ID number. This number will be included in the Notice of Enrollment email sent upon the enrollment request approval and is also displayed on the “My Profile” page in TESS.
Can I take series 79 online?
To address the ongoing challenges facing exam candidates by the COVID-19 pandemic, FINRA is adopting an interim accommodation request process to allow candidates to take additional FINRA exams online, including the Series 24, Series 57, Series 79 and Series 99 exams. This change is effective on February 24, 2021.
How long do Sie results take?
Within three business days, your test results will be validated, emailed to the address provided at the time of scheduling and posted to FINRA’s systems.