Series 99 Exam Information

Series 99 Exam Overview & FAQs

The Series 99 Exam

The Series 99 exam also known as the Investment Banking Representative exam evaluates the knowledge needed to work in the field of debt/equity offerings, mergers and acquisitions, tender offers, financial restructuring, and other related financial transactions.  

Series 99 Exam Difficulty Level

Any professional exam in the Financial Services industry is not easy and includes many concepts that test takers must be able to show a satisfactory level of competency. Many people pass the first time, but others need a second attempt to complete the task. The study and exam tools available through Pass Perfect have been proven to be a highly effective method to prepare for the Series 99 exam.

After the Series 99

Upon successfully passing the Series 99 exam, professionals in the field can register with FINRA and work in many complex financial business areas, such as debt/equity offerings, mergers and acquisitions, tender offers, and more.

Series 99 Exam FAQ

How long is the Series 99 Exam?

Exam takers have up to 1 hour and 30 minutes to complete the test.  

What is a passing score for the Series 99 exam?

A score of 68% or more is considered passing.

Are there prerequisites for the Series 99 exam?

Yes. In order obtain a Series 99 license, you must have already passed the SIE exam.

What do I bring to take the Series 99 exam?

Upon arriving at the test center, you will asked to show one form of a government issued ID that contains a signature and photo. All personal belongings will be stored in a locker and you will be escorted to the test area by a staff member. You will then be furnished with any needed materials to take the exam.

How long is the Series 99 good for?

The Series 99 license expires after 2 years, but can be renewed.

What if I fail the Series 99 exam?

If you should fail the Series 99 exam, it is important that you reevaluate the methods you used to prepare for the test. Pass Perfect offers many tools to help you successfully pass the exam.