FINRA Series 86 Research Analyst Practice Exam 2025 – Your All-in-One Guide to Comprehensive Exam Success!

Are you aspiring to become a proficient research analyst in the financial industry? The FINRA Series 86 Exam is a crucial hurdle in achieving your goal. Understanding both the format and the content of this exam is vital to prepare effectively, and success can open new doors in the realm of financial analysis.

Overview of the FINRA Series 86 Research Analyst Exam

The Series 86 Exam, administered by the Financial Industry Regulatory Authority (FINRA), is a part of the licensing requirements for individuals who wish to work as research analysts in the financial services industry. It predominantly tests a candidate's ability to conduct in-depth research and analysis of investment securities institutions.

Exam Format

Understanding the structure of the Series 86 Exam will help streamline your preparation strategy. The exam comprises the following:

• Number of Questions: The Series 86 contains 100 multiple choice questions.
• Exam Duration: You will have four hours to complete the exam.
• Passing Score: A score of 73% is required to pass the exam.
• Content Areas: Questions on the exam are distributed across multiple domains, including but not limited to financial analysis, statistical concepts, and valuation techniques.

What to Expect on the Exam

The Series 86 exam is predominantly technical, focusing on analysis skills and the application of various financial theories. Expect questions that will challenge your ability to interpret financial statements, understand economic conditions, and prepare comprehensive investment research reports.

• Financial Statements Analysis: Candidates will need to demonstrate proficiency in evaluating balance sheets, income statements, and cash flow statements.

• Valuation Methodologies: Know the basics and advanced methods of asset valuation, including discounted cash flow analysis and the use of price-earnings ratios.

• Economic Analysis: Expect to interpret macroeconomic scenarios and their potential impacts on companies and securities.

Instruction and Preparation Tips for the Series 86 Exam

Preparing for the Series 86 is no small feat, and having a strategic study plan is key. Here are several tips to guide your preparation:

Comprehensive Study Plan

• Begin Early: Start your preparation ahead of time to ensure that you have ample opportunity to review and understand all content areas.
• Schedule Regular Study Sessions: Make a timetable that dedicates regular, focused study sessions and stick to it.

Practice and Application

• Take Practice Exams: Engage in taking full-length practice exams to get accustomed to the pressure of the real test environment. Work on timing, ensuring that you can manage your pace and have time to review answers.

• Use Flashcards: Enhance your retention by utilizing flashcards for key terms and formulas. This type of active recall practice can help embed essential information deeply.

Resources and Materials

• Study Guides and Prep Books: Invest in reputable study materials that cover all exam aspects thoroughly.
• Video Tutorials and Webinars: These can offer insights into complex topics and often provide examples of applications of theories in real-world scenarios.

Utilize Examzify for Enhanced Preparation

Examzify offers a comprehensive suite of study tools tailored for the Series 86 Exam. From full-length practice exams to interactive flashcards and expert-crafted questions, Examzify equips you with everything you need for effective preparation.

• Detailed Explanations: Gain a clear understanding of the reasoning behind correct answers, which can help strengthen your analytical abilities.
• Accessibility and Flexibility: Study on your own schedule with online resources that support your convenience.

Exam Day Strategies

• Rest and Prepare: Ensure you have a restful night before the exam and prepare everything you'll need, from identification to writing materials.
• Strategic Answering: First, answer the questions you find easiest to ensure these are completed, then return to tackle tougher questions with the remaining time.

In conclusion, the path to mastering the FINRA Series 86 Research Analyst Exam involves dedication, strategic planning, and a comprehensive understanding of financial concepts. With the right resources and study techniques, you can position yourself for success and progress towards your career aspirations as a licensed research analyst.