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
Since when can you see your actual score on the exams? I feel like when I took them ~2 years ago it was just pass / fail?
I think they updated it so you can only see your score if you failed
Yes they did. They don't give you a score if you pass
Any input on who will be alerted that I failed? Who all do I need to inform?
You don't need to inform anyone, nobody on the IB team is going to get a notification or anything. Just pass the exam in 30 days and calm down.
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
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