FINRA Series 79 Top-off Exam Prep & Study Materials
Prepare for the New Series 79 Top-Off Exam with Knopman Marks’ industry-leading training package. Changes to the series 79 exam made in 2018 with the rollout of the SIE Exam are reflected in all course materials. Our package includes comprehensive study materials and the ability to ask questions day and night, evenings and weekends. Study with confidence and walk into your exam equipped with the knowledge you need to pass the first time around.
Our Current Pass Rate is 96%
- Textbook (Physical & Electronic Versions)
- Online & Printable Practice Exams
- 10+ hrs of Video Lectures (3 Lessons)
- 300+ Digital Flashcards
- Mobile App for offline training (iPhone & iPad)
- Downloadable Class Supplements
- Assessement, Diagnostic and Benchmark Exams
- Personal Instructor Support
New Series 79 Curriculum:
- Lesson 1: Securities Registration, Securities Underwriting
and Capital Markets
- Securities Registration Process
- SEC Filings
- Securities Underwriting Process
- Securities Underwriting Regulations
- Exemptions from Registration
- Lesson 2: Financial Statement Analysis & Valuation
- Income Statement
- Balance Sheet
- Statement of Cash Flows
- Profit Multiples
- Equity Value vs. Enterprise Value
- Comparable Companies
- Precedent Transactions
- Discounted Cash Flow Analysis
- Lesson 3: Mergers & Acquisitions, Tender Offers and Bankruptcy
- M&A Process
- M&A Documents
- Tender Offer Regulations
- Share Repurchases
- Bankruptcy Process
About the Exam:
- Number of Questions: 75 graded multiple-choice + 10 ungraded questions
- Time to Complete: 2 hours and 30 minutes
- Passing Score: 73%
- Co-requisite: SIE Exam
- Recommended Study Time: 50 to 75 hours
There is no break during the exam. You are permitted to use the bathroom, but the clock will not stop.
You must be sponsored by a FINRA member firm in order to take the actual examination.
If you come to class having read the material you should give yourself about one week to complete practice exams after the conclusion of the program before taking the examination. If you have not read the material before coming to class you will need more time after class ends.
Time management is important on the Series 79, given that there are a number of multi-step math questions which take time to work through. Though most people are able to finish the exam, you should expect to use most of the time and might not have time to review questions marked for review. The pacing to follow on the exam is 20 questions every 30 minutes. This will ensure you finish with some additional time for review.
Though it is not mandatory to read the material before coming to class, doing so will enable you to reinforce the concepts discussed in the book. If you have not read the material prior to class you will need more time after class to prepare before you take the examination.
Assuming you are working full time while preparing for the examination, you should allow yourself two to three weeks to read through the material and another two to three weeks to complete practice exams. You should attend the live class, watch the online KIT or receive private instruction one to two weeks prior to the examination. The total study time is typically four to six weeks.
The online exams are about the same level of difficulty as the actual exam, so any score in the mid-70s online is good. The diagnostic exams are the same level of difficulty as the actual exam, so you should be scoring in the mid to high 70s on those exams.
You should plan on completing at least 1,000 practice questions, plus the diagnostic exams and the supplemental online math questions, prior to taking the exam. If your scores are not within passing range at that point, you can work on the unit practice questions online.
There are four diagnostic exams, available online. These exams should be staggered with the Practice Exams so that for every 250 questions you complete online, you complete one diagnostic exams. The diagnostic exams are very close in difficulty to the actual exam, so they should be completed closed book in one sitting. You should not do any of the diagnostic exams until you are within two weeks or less of taking the examination. You should complete the benchmark exam 2-3 days before your scheduled exam date.