US licensing & insurance · free timed practice test · FINRA
Free Series 79 Practice Test
The FINRA Series 79 Investment Banking Representative Qualification Examination licenses associated persons who advise on mergers and acquisitions, underwritings, and related investment banking activities. It emphasizes valuation methods, deal process, new issues, and applicable…
Official-source aligned. Topic weights, timing, and pass rules follow published FINRA outlines. Questions are original UniPrep2Go study aids — not leaked official items. Verify on the official site ↗
Loading timed practice test…
- Questions
- 120
- Time
- 120 min
- Pass target
- 70%
- Domains
- 4
- Exam body
- FINRA
- Status
- Live · free
US licensing & insurance · FINRA
Series 79 Practice Test
120 Q · 120 min · 70% target
Sample Series 79 practice questions
These sample items mirror the domains in the timed Series 79 mock. Correct answers and explanations unlock inside the practice session.
Sample 1
Regulation FD generally requires that when an issuer discloses material nonpublic information to market professionals or holders, it must:
- A. Keep the information private indefinitely after a selective disclosure
- B. Disclose only to retail customers of a single broker
- C. File Form ADV in place of any public release
- D. Make public disclosure of that information simultaneously or promptly, as applicable
Sample 2
Terminal value in a DCF often uses the Gordon Growth model: TV = FCF × (1+g) / (WACC − g). If g exceeds WACC
- A. The model is mathematically invalid (denominator negative)
- B. The company is worth zero
- C. Terminal value equals zero automatically
- D. WACC must be ignored
Sample 3
An incurrence covenant in bond indentures typically allows additional debt only if:
- A. Pro forma financial tests (e.g., leverage or coverage ratios) are satisfied
- B. The issuer wishes to borrow with no limits or tests
- C. Any competitor approves the new borrowing
- D. Stock price falls below $1 per share automatically
Sample 4
An exclusivity (no-shop) clause during sell-side negotiations generally allows the seller to:
- A. Negotiate only with the designated buyer for a defined period, with limited fiduciary out for superior proposals
- B. Solicit unlimited competing bids publicly during the entire period without exception
- C. Terminate the deal without any break-up fee in every case
- D. Share confidential data with unlimited third parties freely
Sample 5
Purchase price allocation after an acquisition assigns excess purchase price primarily to:
- A. Daily operating expenses only
- B. Treasury stock automatically
- C. Accounts payable exclusively
- D. Goodwill and identifiable intangible assets per acquisition accounting
What is the Series 79 exam?
The FINRA Series 79 Investment Banking Representative Qualification Examination licenses associated persons who advise on mergers and acquisitions, underwritings, and related investment banking activities. It emphasizes valuation methods, deal process, new issues, and applicable regulations. Candidates typically need firm sponsorship. This UniPrep2Go page is independent prep—not FINRA material. Use official FINRA outlines for the current blueprint.
Administered by: FINRA (official site ↗)
Official format: Timed multiple-choice knowledge assessment; verify the current official outline with FINRA.
Who this exam is for
Analysts and associates at broker-dealers who need the Investment Banking Representative registration (Series 79) for M&A and capital markets work under FINRA membership. Always verify current candidate bulletins, fees, and testing vendor details before you register.
How to prepare
Work through the FINRA Series 79 content outline, practice valuation word problems, and review underwriting/M&A process flows. Take the free UniPrep2Go timed readiness check on this page, then join the linked Anki deck waitlist for weak-topic drilling.
Confirm current fees, eligibility, and scheduling with FINRA before you book the real exam.
Topic outline
Core domains candidates usually study for Series 79: Valuation & analysis, M&A process, IB products & markets, Regulations & ethics.
Valuation & analysis
Comps, precedents, and DCF-style concepts for IB reps.
M&A process
Deal process and first-day documents awareness.
IB products & markets
ECM/DCM process knowledge themes. Review official outlines for current weighting and examples.
Regulations & ethics
Communications and regulatory obligations.
About this free Series 79 Practice Test
Free 120-question Series 79 readiness check with topic scoring. Use this free timed practice test as a baseline before exam day or before drilling the linked Anki deck.
Built for: Analysts and associates at broker-dealers who need the Investment Banking Representative registration (Series 79) for M&A and capital markets work under FINRA membership. Always verify current candidate bulletins, fees, and testing vendor details before you register.
Topics on this practice test: Valuation & analysis, M&A process, IB products & markets, Regulations & ethics.
- 120 timed multiple-choice questions
- 120-minute pacing target
- 70% pass threshold with topic breakdown
- Full answer review after you submit
Free timed mock with full topic report — no signup. After your score, buy the linked Anki deck on Gumroad to drill weak topics with spaced repetition.
Buy Series 79 Anki deck to drill weak topicsSeries 79 Practice Test — quick answers
What is the Series 79 exam?
The FINRA Series 79 Investment Banking Representative Qualification Examination licenses associated persons who advise on mergers and acquisitions, underwritings, and related investment banking activities. It emphasizes valuation methods, deal process, new issues, and applicable regulations. Candidates typically need firm sponsorship. This UniPrep2Go page is independent prep—not FINRA material. Use official FINRA outlines for the current blueprint.
Is this an official Series 79 exam?
No. UniPrep2Go provides independent exam guides and practice tests — not official material from FINRA.
Who administers the Series 79 exam?
FINRA. Always verify registration, fees, and the current content outline on the official site.
What topics appear on the Series 79 exam?
Typical domains include: Valuation & analysis; M&A process; IB products & markets; Regulations & ethics. Confirm weights on the official outline.
How should I prepare for the Series 79 exam?
Work through the FINRA Series 79 content outline, practice valuation word problems, and review underwriting/M&A process flows. Take the free UniPrep2Go timed readiness check on this page, then join the linked Anki deck waitlist for weak-topic drilling.
Is there a free Series 79 practice test?
Yes — take the free UniPrep2Go timed readiness check on this page now. After your report, join the linked Anki deck waitlist for spaced-repetition repair when the .apkg ships.
More FAQAdditional format, scoring, and disclaimer questions
- Is there a free Series 79 Practice Test?
- Yes — UniPrep2Go hosts a free online Series 79 Practice Test with 120 timed questions, 120 minutes, a 70% pass target, topic scoring, and a full answer review report. Free timed practice test.
- How many questions are on this free Series 79 Practice Test?
- This UniPrep2Go practice test has 120 multiple-choice questions timed against a 120-minute target. Mapped to FINRA Series 79 (Investment Banking Representative) themes. This UniPrep2Go check is 120 questions / 120 minutes / 70% readiness target. Independent prep — not an official exam.
- What score do you need on this Series 79 Practice Test?
- The pass target on this practice test is 70%. Your report also breaks down performance by topic so you can see weak areas before the real exam.
- Who should take this Series 79 Practice Test?
- Analysts and associates at broker-dealers who need the Investment Banking Representative registration (Series 79) for M&A and capital markets work under FINRA membership. Always verify current candidate bulletins, fees, and testing vendor details before you register.
- Where can I take a Series 79 Practice Test online?
- UniPrep2Go hosts the Free Series 79 Practice Test at https://uniprep2go.study/mock-exams/series-79-readiness-check with a timed runner and full readiness report.
- Is this official exam material?
- No. This is an independent readiness diagnostic from UniPrep2Go. It is not official exam-board material and does not award certification or guarantee a passing score.
- What does the report show after the mock?
- Your report shows a pass/no-pass verdict with explanation, topic diagnosis, pacing notes, full question review with explanations, and a repair plan that links to the paid Anki deck on Gumroad for weak-topic drilling.
- Where do the questions come from?
- Original UniPrep2Go local bank (Wave 4).