FAQ (Frequently Asked Questions)
FAQ about Products
Our Online Question Banks are not sorted by year. They are composed by our company and are not related to the Singapore College of Insurance (SCI) and The Institute of Banking & Finance (IBF) in any manner.
Our Online Question Banks are updated irregularly. Most of them are updated within 1-2 months.
Our Online Question Banks are not questions in the actual examination, questions from the past paper and not historical questions.
We do not recommend that candidates study only with the Online Question Bank. Candidates should study with both the Online Question Bank and the official manual/our free video classes for a more thorough understanding of the content.
We suggest that candidates prepare for the examination by following steps:
- Study 1 chapter in the study manual/ 1 chapter of our free video class
- Finish the relevant topic in the Pass Paper Question Bank
This will take 25-30 hours. Almost 80% of our candidates can pass the exam in their first attempt.
According to our statistics, candidates who use our Online Question Bank alongside the official manual have an 80% chance of passing the exam.
We only provide Question Bank on our website. We do not offer physical copies, PDF versions or other downloadable copies.
You can find the number of questions we have in the product description on each product page.
FAQ about How to Use
- You can either click “Add To Shopping Cart” or “Buy Now With Paypal”
- Please make sure you have the correct product and quantity before you make the payment
- You will be required to log in or create an account for accessing the question bank
- You can pay with Paypal, Stripe, credit card or debit card
- Once the payment is made, you can access all the questions from the module within the validity period
You can pay by
- Paypal
- Stripe
- Credit Card without logging into a Paypal account
- Debit Card without logging into a Paypal account
Please ensure the email address you entered is accurate.
After a successful payment, a Paypal payment email and an order confirmation email will be sent to the email address you provided. Please check your email inbox/ spam box.
Should you need further assistance, please feel free to contact us.
After a successful payment, a Paypal payment email and an order confirmation email will be sent to the email address you provided. Please check your email inbox/ spam box.
Orders cannot be changed, transferred or refunded.
Click here to learn more about PRO version features.
Yes. Each paid subscription is good for 30 days, which means the question banks will no longer be accessible after 30 days upon purchase unless renewed. If you wish to extend the period, you need to pay again for the renewal of membership plan.
The product is only usable for 30 days each purchase. All questions from chapters apart from chapter 1 will no longer be accessible if the membership status is expired, including bookmark data, unless membership is renewed.
| Features | Free Users | Paid Users |
| Bookmark questions |  |  |
| Bookmark questions data saved for next visits | | |
| Do a quiz with only bookmarked questions | | |
| Do a quiz with only questions you have not met | | |
| Do a quiz with only questions you have answered incorrectly | | |
| Do a quiz with only bookmarked questions, questions you have not met before AND/OR questions you have answered incorrectly | | |
| Save Progress Function | | |
| Load Save Function | | |
| Access chapters apart from chapter 1 | | |
| Timer count | | |
| Check Quiz Progress | | |
| Skip question | | |
| See quiz results | | |
FAQ About the Exams
Capital Markets and Financial Advisory Services (CMFAS) Examinations are used to give the licensing mandates to professionals in the capital markets and financial advisory services in Singapore.
One is mandated to take the relevant CMFAS exams as a licensing exam if he/she/they intend(s) to begin offering capital markets and financial advisory services in Singapore.
Firstly, to be able to access the study text, you need to register for the relevant exam. Once you have secured your exam seat, you need to log into your account with the relevant exam administrator to download the study text (PDF format) in the portal.
See below to find which exam administrator you are looking for:
The CMFAS examinations are administered by The Institute of Banking & Finance (IBF) and the Singapore College of Insurance (SCI).
Some modules can be registered with the IBF and some with the SCI.
M1A, M1B, M2A, M3, M4A, M4B, M6, M6A, M10 exams are administered by the IBF.
M5, M8, M8A, M9, M9A are administered by the SCI.
The CMFAS, HI, BCP, PGI, CACS and FMRP examinations are registered online.
To register for the exam, you need to go to the website of the relevant administrator, set up an account, enter your personal information and then choose an exam session available.
See below to find which exam administrator you are looking for:
The Institute of Banking & Finance (IBF)
M1A, M1B, M2A, M3, M4A, M4B, M6, M6A, M10, Financial Markets Regulatory Practices (FMRP), Client Advisor Competency Standards (CACS) Assessment papers 1& 2
The Singapore College of Insurance (SCI)
M5, M8, M8A, M9, M9A, HI (Health Insurance) Module, BCP (Basic Insurance Concepts and Principles), PGI (Personal General Insurance).
No. Everyone can take the exams as long as they pay. But please note that a lack of prerequisites for taking the exam does not mean a lack of prerequisites for being a representative for a relevant financial institution.
You need to log in to your account with the relevant exam administrator to check the most up-to-date available time slots.
For exams held by SCI, alternatively, you can see some time slots without logging in if you click Register For Examinations >> View Details & Schedule >> Examination Schedule.
No. Cancellation and refund are not allowed, unless, in extenuating circumstances, IBF may grant one.
For exams held by the SCI, you can reschedule online up to 2 business days before your original exam day with/ without a S$32.1 administration fee.
For exams held by the IBF, you can reschedule online by 12pm 1 business day before your original exam day with a S$75+GST administration fee.
Examination sessions for the future 2 months will be available for IBF exam registration; Examination sessions for the future 1 month will be open for SCI exam registration.
CMFAS M1A, M1B, M2A, M3, M4A, M5, M10: 75%
CMFAS M6, M6A, M8, M8A, M9, M9A: 70%
CACS paper 1, FMRP: 75%
CACS paper 2, HI, BCP, PGI: 70%
M1A, 2A, 3, 5, 6, 9, 10: 100 questions
M6A: 75 questions
M1B: 60 questions
M3A, M4A, M8, M8A, 9A, HI, PGI: 50 questions
BCP: 40 questions
CACS paper 1, paper 2: 80 questions
After successfully completing the relevant (combination of) modules, you shall lodge a notification with the Monetary Authority of Singapore (MAS) before you can carry out regulated activities as a representative.