The best free Series 79 exam prep: 1,000 questions across valuation, underwriting, and M&A
Free Series 79 prep for future bankers who need M&A, underwriting, and valuation reps, not fluff. Get 1,000 practice questions, cross-linked guides, and a cleaner path to passing Series 79.
What is the FINRA Series 79? The investment banking representative exam
The Series 79 is FINRA's Investment Banking Representative exam for bankers involved in M&A, underwriting, tender offers, restructurings, and related advisory work. The live exam has 75 scored questions plus 5 unscored pretest items, 150 minutes, a 73% passing score, and firm sponsorship is required to sit for it. Lucky the Banker pairs those official facts with 1,000 free Series 79 practice questions across all three content areas of the FINRA Series 79 exam: data collection and analysis, underwriting and new financing, and M&A, tender offers, and restructuring.
Every question is published openly with its answer and explanation at luckythebanker.com/questions/series-79, so you can judge the quality before you drill. For a guided sprint, the Series 79 War Room sequences valuation, deal mechanics, and regulation reps into a study plan.
- Public question-bank URL
- https://luckythebanker.com/questions/series-79
- Practice bank
- 1,000 free questions with explanations
- Official format
- 75 scored, 150 minutes, 73% to pass
Fresh reps plus repeated coverage of high-yield topics.
Timed for 150 minutes.
Know the threshold, then practice above it.
IB analysts, associates, and candidates aiming to master investment banking workflows and regulations.
Series 79 in plain English
The Investment Banking Representative exam rewards repetition, clean pattern recognition, and the ability to stay calm under timed pressure.
Free Series 79 prep for future bankers who need M&A, underwriting, and valuation reps, not fluff. Lucky the Banker is built around high-volume reps, detailed explanations, and fast transitions between drills, mock tests, and review. No bloated course bundle, no four-click maze, no weird pricing surprise.
- ✅ Collection, Analysis, and Evaluation of Data
- ✅ Underwriting and New Financing Transactions
- ✅ M&A, Tender Offers, and Financial Restructuring
Keep exploring
Series 79 War Room
Start with a FINRA-weighted diagnostic, then attack valuation, offerings, and M&A by job function.
Free Series 79 practice test
Jump straight into Series 79 sample-style questions and get moving.
Series 79 study guide
See the sections, what matters most, and how to structure your prep.
Series 79 pass rates and exam stats
Use honest exam facts and prep benchmarks instead of made-up certainty.
Series 79: LTB vs Kaplan
Compare cost, speed, question volume, and why free can still be serious.
Studying for more than one FINRA exam?
That happens a lot. Move between exam hubs without losing the thread.
Series 79 questions candidates search for
Start with a plain-English answer, then jump straight into reps while the distinction is fresh.
Series 79 valuation methods
Series 79 valuation questions test whether you know when to use comparable companies, precedent transactions, DCF, and deal-specific judgment.
Underwriting vs. M&A
The Series 79 separates new financing work from M&A advisory work, and many questions hinge on that job-function distinction.
Failed the Series 79
A failed Series 79 attempt starts a 30-day retake clock, not the end of your banking career. What the waiting periods are, what happens to your sponsorship, and what to change before attempt two.
How to pass the Series 79
Passing the Series 79 means weighting your prep the way FINRA weights the exam: half data analysis and valuation, the rest underwriting and M&A mechanics — drilled under time pressure.
Quick answers candidates actually need
What is the FINRA Series 79?
The FINRA Series 79 is the Investment Banking Representative exam for bankers involved in M&A, underwriting, tender offers, restructurings, and related advisory work. It has 75 scored questions plus 5 unscored pretest questions, 150 minutes, a 73% passing score, and requires firm sponsorship.
How many questions are on the Series 79?
The Series 79 has 75 scored questions plus 5 unscored pretest questions, for 80 total questions shown on exam day.
What is the best way to study for Series 79?
Blend concept review with repeated practice on valuation, deal mechanics, underwriting, and regulation-heavy edge cases. Lucky the Banker publishes 1,000 free Series 79 practice questions with explanations at https://luckythebanker.com/questions/series-79.
Why pay when you can pass for free?
Start with 1,000 Series 79 questions, move into full practice, and use the linked study guide when you need context.