Failed FINRA Exam by 1 point - now what?

I failed the 63 by one point. Super frustrated but will be more than ready 30 days from now. I’m wondering who from my firm will know that I failed the exam? HR? Compliance? Who do I need to inform - my MD?

I passed the 79 so I believe I can work full time already (as in I don’t think failing the 63 prevents me from working) so who all do I need to inform?

Thanks for the help

7 Comments
 

Any input on who will be alerted that I failed? Who all do I need to inform?

 
Most Helpful

Ask your staffer who is keeping track of the exams. Likely an associate has been tasked with making sure people pass the exams and passing it along to compliance. Def don't tell the MD.

Some firms don't have analysts even take the tests, some firms don't let you on live deals until you are fully licensed - so it's really firm-dependent. 

This happens more than you think, just gotta study harder and it's not the end of the world. 30 day wait sucks, but just make sure you will absolutely pass it - be getting 90 or 100% on practice exams

 

Similique ab voluptas omnis cumque. Enim ad porro aliquam illo omnis est dolore. Consequatur amet necessitatibus mollitia debitis. Magni consectetur assumenda possimus quam dolores.

Explicabo modi velit unde vel rem et. Voluptatibus eum facilis veritatis necessitatibus molestiae est error. Nisi provident facilis harum aut id. Aut tempora repudiandae distinctio atque quod doloremque quia.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”