🏦LTB
Series 79 War Room

Stop skimming 400 pages. Attack the exam by job function.

FINRA weights Series 79 around three investment-banking functions: data and valuation, underwriting and offerings, and M&A or restructuring. Lucky gets a diagnostic, a targeted attack board, and banker-context drills before the textbook gets a vote.

Scored questions75
Unscored pretest5
Time limit150 min
Passing score73%

Launch Pad

One-click study weapons

Each button starts inside the existing LTB quiz engine, already set to Series 79.

FINRA Blueprint

Study by item weight, not page count

37 items / 49%

F1 · Section 1

Collection, Analysis, and Evaluation of Data

Financial statements, valuation metrics, comps, precedents, modeling inputs, and diligence data.

Skim rule: Do not read this passively. Turn every ratio, filing, and valuation term into a calculation or recognition rep.
20 items / 27%

F2 · Section 2

Underwriting, New Financing, Offerings, and Registration

Public offerings, private placements, syndicates, registration, exemptions, and offering documents.

Skim rule: Build a decision tree: registered vs exempt, public vs private, issuer vs resale, banker vs sales activity.
18 items / 24%

F3 · Section 3

M&A, Tender Offers, and Financial Restructuring

Sell-side process, bid rounds, fairness opinions, tender offers, buyer analysis, restructuring, and execution flow.

Skim rule: Study this as a process map. If she can narrate the deal timeline, the questions get much easier.

Operating System

How Lucky uses this

1. Diagnose First

She takes the scored simulation cold. No heroic skimming. The output becomes the reading map.

2. Skim Only What Fails

Textbook time goes only to red zones: missed concepts, rules she confuses, and workflows she cannot explain out loud.

3. Drill in Banker Blocks

Short reps by job function. Math separately. Process separately. Regulation inside the deal context where it belongs.

4. Convert to LTB Work

Each study block ends with one “banker-ready” explanation: what this means in a live deal or offering.

Cram Stack

Highest-yield topics before she starts LTB

  • DCF, comps, precedents, EBITDA, EV, equity value, net debt, dilution, and leverage math
  • Form 8-K, 10-K, 10-Q, S-1, proxy, Schedule TO, 13D/G, and what each document is for
  • Reg D, Rule 144, Rule 144A, Regulation S, shelf registration, cooling-off period, and exemptions
  • Sell-side M&A timeline: teaser, NDA, CIM, IOI, management presentation, data room, LOI, final bid
  • Fairness opinions, board process, fiduciary framing, buyer ability to pay, synergies, and accretion/dilution
  • Restructuring basics: distressed debt, exchange offers, bankruptcy/reorg vocabulary, and creditor priority logic

LTB Start Gate

License prep should make her useful faster

The goal is not textbook completion. The goal is enough exam readiness plus enough banker fluency to start LTB without wasting her ramp on avoidable confusion.

Can explain EV vs equity value without notes
Can identify which filing/document belongs to a transaction fact pattern
Can walk a sell-side process from teaser to definitive agreement
Can separate banker advisory activity from active selling/roadshow activity
Can score green on two consecutive weighted diagnostics