All You Need to Know About the Series 79 Exam

What is the Series 79 License?

The Series 79 license (also referred to as the Series 79 registration or qualification) allows you to become an Investment Banking Representative of a broker-dealer. The covered activities include advising on and/or facilitating the following:

• Debt and equity offerings (private placements and/or public offerings)
• Mergers and acquisitions
• Tender offers
• Financial restructurings
• Asset sales
• Divestitures or other corporate reorganizations
• Business combination transactions

Why do you need a Series 79 License?

• Career Advancement: The Series 79 Exam is generally taken by a select group of candidates. It’s one of the more challenging representative exams administered by FINRA.
• Increased Earning Potential: Many financial firms offer higher compensation to individuals who hold specific professional licenses, such as the Series 79.
• Expanded Product Offerings: Passing the Series 79 Exam allows you to assist in the structuring of new securities offerings. If taken with the Series 7 Exam, you’re also permitted to interact with clients on the sale of these offerings.
• Professional Credibility: Holding a Series 79 license enhances your professional credibility within your broker-dealer. Being licensed demonstrates an understanding of how companies should be evaluated when determining their ability to raise capital.

How to prepare for the Series 79 exam

• A strong Series 79 prep strategy starts with consistency and a clear study plan. Focus on high-weight topics, practice under timed conditions, and review missed questions to improve retention and reduce surprises on exam day.
• Use the tips below to study more efficiently and feel confident walking into the test.

Series 79 Exam format and content breakdown

• The content of the Series 79 Exam is divided into three functions:
• Function 1 (covers 49% of the exam, 37 questions): Collection, Analysis, and Evaluation of Data
• Function 2 (covers 27% of the exam, 20 questions): Underwriting/New Financing Transactions, Types of Offerings, and Registration of Securities
• Function 3 (covers 24% of the exam, 18 questions): Mergers and Acquisitions, Tender Offers, and Financial Restructuring Transactions

Are you ready to obtain your Series 79 license?

If so, STC has everything you need to gain the knowledge and skills necessary to pass your exam and embark on a successful career as an Investment Banking Representative. With STC's Pass Guarantee, you will be prepared to advance your career!

Helpful resources for the Series 79 Exam

• Series 79 License Requirements: Detailing prerequisites and steps to obtain the license.
• SIE Exam Guide: Comprehensive information on the Securities Industry Essentials (SIE) Exam, the entry-level test that assesses your knowledge of basic securities industry information, including concepts fundamental to working in the industry.

STC Series 79 prep options to help you pass

• Series 79 Study Packages: Ideal for self-starters seeking comprehensive study materials.
• SIE/Series 79 Standard Package: Combined package for those starting their investment career.
• Series 79 Flashcards: More than 1,800 flashcards to reinforce key concepts.
• Series 79 On-Demand Lecture: 12-hour video series covering all exam topics.