The Module 4A Exam applies all persons who wish to advise on corporate finance for equity securities in Singapore.

Exam Syllabus

- The Capital Markets and Corporate Finance Industry in Singapore
- Raising Capital
- Getting Listed
- Post Listing Obligations and Considerations
- Overview of Singapore Code on Take-overs and Mergers
- Market Conduct - Prevention of Financial Crimes

About the Exam

- 50 MCQs (computer-based)
- Duration: 75 mins
- Passing score: 75%
- Fee: $200 for Non-Members ($20 off if Corporate Members). Additional $20 off if it is not the first attempt.

There are no exemptions for M4A because it is a Rules & Regulations examination.

Relevant Products

- 200 unique practice (mock exam) questions in all packages

Certificate of Completion

CMFAS Certificate of Completion Sample

Obtain proof of your learning efforts, even before you pass the exam. Available upon request if you clear at least 90% of the practice questions.

Pricing Information

For full pricing information, click here: Pricing

How to Sign Up for Learning

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2. After logging in to your account, click on "Subscribe".
3. Choose the exams you need to clear, pick the desired package(s) for each exam.
4. Pick the desired payment method. You will only be billed one time (non-recurring).

Official Study Guide and Booking of Exam Date

CMFAS Academy is a private institution offering online e-learning programs to help candidates pass the exams. The official administrator of the exams are Institute of Banking & Finance (IBF) and Singapore College of Insurance.

Candidates who are unsure which exam to take should check with the compliance department of the company. To book for the exam, please register online through the official websies of IBF or SCI College.

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