The Module 5 Exam applies all persons who wish to provide any of the following financial advisory services:
- Advise on securities and / or futures;
- Advise on and / or arrange life insurance (whether or not include investment-linked policies);
- Advise on and / or market of collective investment schemes.
- The Regulatory Bodies and Associations
- Financial Advisers Act And Financial Advisers Regulations - Financial Advisers And Representatives
- Financial Advisers Act And Financial Advisers Regulations - Conduct of Business, Powers Of Authority And Offence
- MAS FAA Notices
- Prevention Of Money Laundering And Countering The Financing Of Terrorism - Financial Advisers
- MAS Guidelines
- Revised Code On Collective Investment Schemes
- Central Provident Fund (CPF)
- Needs Analysis
About the Exam
- 100 MCQs (computer-based)
- Duration: 2 hours
- Passing score: 75%
- Fee: $85.60 to $146.59, depending on member status, timing of exam and first/subsequent attempt
There are no exemptions for M5 because it is a Rules & Regulations examination.
- 834 unique practice (mock exam) questions in all packages
- 7 hours of E-Learning tutorial video content offered in Success package or above
- Infinite practice questions involving math formulas via patent-pending Mathathon, offered in Elite package or above
Certificate of Completion
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.
For full pricing information, click here: Pricing
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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.