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CHEAT SHEET · SERIES 79

Series 79 Cheat Sheet.
The night-before summary, built like the exam.

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Weighted to the current exam outline·15-minute scanVerified against the official content outline
Written by Every Exam Prep Editorial TeamSource and review policyPublished July 6, 2026Updated July 17, 2026
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01

Quick facts

the numbers to know before exam day
75
Questions
2h 30m
Time limit
73%
Passing score
$395
Exam fee
FINRA
Governing body
02

Full write-up

the complete guide, in prose

Series 79 Cheat Sheet — Investment Banking Representative Exam

Fast-reference facts, rules, and study reminders. Bold = must-memorize.

Exam Logistics (memorize these)

  • 75 scored questions
  • 150 minutes (2 hours 30 minutes)
  • Passing score: 73%
  • Fee: $395

Quick Math to Have Ready

  • At 73% passing on 75 scored questions, you need roughly 55 correct (0.73 × 75 ≈ 54.75) — aim for a margin above this.
  • 150 min ÷ 75 questions = 2 minutes per question as your pacing benchmark. Flag-and-return on anything that eats more time.
  • The exam may also contain unscored pretest questions in addition to the 75 scored — treat every question as if it counts.

Test-Day Rules of Thumb

  • The 73% threshold leaves little room for error — banking on ~55 correct means you can miss ~20 and still pass, so triage aggressively rather than getting stuck.
  • Budget the first pass at under 2 min/question to bank time for flagged items on a second pass.

Content Areas (typical Series 79 scope)

  • Collection, analysis, and evaluation of data
  • Underwriting / new financings (debt & equity offerings)
  • Mergers, acquisitions, tender offers, and financial restructurings

Confirm the current content outline and question weighting against FINRA's official Series 79 page before your exam.

Frequently asked questions

What are the must-know numbers for the Series 79?

Start with the exam logistics you should never have to think about on test day: 75 scored questions, 2 hours and 30 minutes, and a passing score of 73. Beyond logistics, memorize the recurring exam figures like filing deadlines, quiet-period windows, and key valuation formulas, which this cheat sheet collects in one place. Confirm any regulatory time frames against FINRA and SEC materials, since rules are updated periodically.

What are the most common traps on the Series 79?

The classic traps are confusing similar-sounding concepts: registration statement types, tender offer rules versus proxy rules, and which deadlines attach to which filing. Question writers also bury the deciding detail mid-scenario, so candidates who skim lose points on questions they actually know. This cheat sheet groups commonly confused pairs side by side so the distinctions stick.

How should I use this cheat sheet the night before the exam?

Skim it once as a confidence check, flag anything that doesn't feel automatic, and review only those flagged items rather than re-reading everything. The night before is for consolidation, not new learning, so stop early and get real sleep. A rested brain recalls memorized rules far better than a crammed one.

Is a cheat sheet enough to pass the Series 79 on its own?

No. The Series 79 tests applied judgment in deal scenarios, not just recall, so a summary sheet can't replace working through full practice questions and the official content outline. Use the cheat sheet to compress what you've already studied into fast-recall form. It's the final layer of prep, not the foundation.

Can I print this Series 79 cheat sheet?

Yes, it's formatted to print cleanly so you can review it away from a screen, mark it up by hand, and carry it during your commute. Handwriting notes in the margins is one of the fastest ways to turn passive reading into retention. Just remember that no reference materials are allowed in the actual testing session.

Sources

  1. 1.Series 79 Exam OverviewFINRA (accessed Jul 6, 2026)
  2. 2.FINRA Qualification ExamsFINRA
  3. 3.Enroll for a FINRA ExamFINRA
  4. 4.FINRA Exam Scheduling (Prometric)Prometric

Official sources

Primary documents used to verify the exam details shown on this page.

Last verified against the official exam content outline: