Series 79

Filed Under » , ,
Dictionary Says

Definition of 'Series 79 '

A examination to ensure a candidate is qualified to become a Limited Representative - Investment Banker. The Series 79 exam is administered by the Financial Regulatory Authority (FINRA) and ensures those looking for positions in investment banking have adequate knowledge in mergers & acquisitions, buyouts, financial restructuring, public investment banking and refinancing. Those looking to write the exam must be sponsored by a FINRA member firm.
Investopedia Says

Investopedia explains 'Series 79 '

The Series 79 exam is intended for investment bankers whose skills are more specific than those provided by the broader Series 7 exam. New rules were enacted in 2009 to better prepare individuals specifically for investment banking activities or supervision of these activities.

The exam focuses on four different areas:
1. Collection, Analysis and Evaluation of Data
2. Underwriting/New Financing Transactions, Types of Offerings and Registration Of Securities
3. Merger and Acquisitions, Tender Offers and Financial Restructuring Transactions
4. General Securities Industry Regulations

These areas are deemed to be important for succeeding in a Limited Representative - Investment Banker role.

Articles Of Interest

  1.

    Making It Big On Wall Street

    Read about some of the most glamorous Wall Street jobs and what it takes to land one.

  2. Wanna Be A Bigwig? Try Investment Banking

    A career in this high-stress field can be very rewarding for the right person. Find out if you have what it takes.

  3. A Look At Entry-Level Careers In Finance

    Learn more about the career options that are available to you after you've obtained your finance degree.

  4. The Rise Of The Modern Investment Bank

    Get to know a little bit about the institutions whose actions help to guide free markets.

  5. Top States For Investment Bankers

    We look at cost of living, tax rates and opportunity to find the best places in the U.S. for investment bankers.

  6. Getting An Investment Bank Job During A Recession

    Even in a recession, investment banks are seeking new talent. Learn what will set you apart from the crowd!

  7. What Is Private Equity?

    This investment vehicle attracts wealthy investors to increase the value of portfolio companies.

  8. Broker Or Trader: Which Career Is Right For You?

    A day in the life of a broker or trader is an exciting and varied one. Find out how to decide between these two financial professions.

  9. Why Companies Stay Private

    Many private companies prefer to stay private and find alternate sources of capital. Find out what firms have to gain by eschewing the windfall from a flashy IPO.

  10. Uncommon Jobs For Your Finance Degree

    Not everyone can land the glamour jobs, but the world of finance has a lot more to offer. Here are some uncommon jobs in finance that you might want to consider.
comments powered by Disqus
Marketplace
Hot Definitions

  1. Network Effect

    A phenomenon whereby a good or service becomes more valuable when more people use it. The internet is a good example...

  2. Racketeering

    Racketeering refers to criminal activity that is performed to benefit an organization such as a crime syndicate. Examples of racketeering activity include...

  3. Lawful Money

    Any form of currency issued by the United States Treasury and not the Federal Reserve System, including gold and silver coins, Treasury notes, and Treasury bonds. Lawful money stands in contrast to fiat money, to which the government assigns value although it has no intrinsic value of its own and is not backed by reserves.

  4. Fast Market Rule

    A rule in the United Kingdom that permits market makers to trade outside quoted ranges, when an exchange determines that market movements are so sharp that quotes cannot be kept current.

  5. Absorption Rate

    The rate at which available homes are sold in a specific real estate market during a given time period.

  6. Yellow Sheets

    A United States bulletin that provides updated bid and ask prices as well as other information on over-the-counter (OTC) corporate bonds...
Trading Center