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The Limited Representative – Investment Banking Exam, commonly referred to as the Series 79, is an examination administered by the U.S. Financial Industry Regulatory Authority (FINRA) for investment banking professionals.
The 100-point scale is a percentage-based grading system. In a percentage-based system, each assignment regardless of size, type, or complexity is given a percentage score: four correct answers out of five is a score of 80%.
Series 79 – Investment Banking Exam; Series 82 – Private Securities Offerings – Limited Representative; Series 86 – Research Analyst – Securities Analysis [8]
In Afghanistan, the highest score awarded at schools is 100, the minimum passing score is 40, the highest score in universities is 100 and the minimum passing score is 55 (before 2016 it was 50). The threshold for a good mark depends on the school and the study grade, but on most occasions, 75 or higher is considered a good one.
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The Series 7 is a three-hour, forty-five-minute exam. [1] It is held in one four-hour session. There are 125 questions on the test. Candidates have to score at least 72% to pass. The SIE Exam and the Series 7 Exam are co-requisite exams. [9] Average study time is between 80 and 150 hours depending on current financial knowledge. [10]
Grades are most often absolute and not class-specific. Thus, it may be that the top student of the class gets a low grade of 70, while the passing threshold is still 60. That is, curve-adjustment of scores is rare. Students in honor roll are usually those with an overall grade point average of 90 (very good) or more upon graduation.
Some GRE scores are accepted as qualifying evidence to intellectual clubs such as Intertel, [61] Mensa [62] and the Triple Nine Society, [63] the minimum passing score depending on the selectivity of the society and the time period when the test was taken.