The Module 9A Exam is for new and existing representative of financial advisers who need to comply with MAS requirement to possess the requisite knowledge to advise or sell Investment-Linked Life Insurance Policies (ILPs).

Exam Syllabus (2nd Edition)

- Introduction To Structured Products
- Risk Considerations Of Structured Products
- Understanding Derivatives
- Introduction To Structured ILPs
- Portfolio Of Investments With An Insurance
- Case Studies

About the Exam

- 50 MCQs (computer-based)
- Duration: 1 hours
- Passing score: 70%
- Fee: $85.60 to $146.59, depending on member status, timing of exam and first/subsequent attempt

Relevant Products

- 245 unique practice (mock exam) questions in all packages
- 2 Hrs of E-Learning tutorial video content offered in Success package or higher
- Infinite practice questions involving math formulas via patent-pending Mathathon, offered in Elite package or higher

A recommended study time of 18 Hrs is recommended to prepare for this exam.

Up to Date, Latest Edition

CMFAS Academy has always been the first in the industry to update its material and content to align to any change or update in the official exam syllabus. We are so confident with our content that we offer the Pass Guarantee.

Exam Prerequisites / Resitting

There is no prerequisite to take this exam. You may also retake it immediately and with no restriction as to the number of times you take it before you pass.

Certificate of Completion

CMFAS Certificate of Completion Sample

Obtain a Certificate of Completion for your learning efforts, even before you pass the exam! This is especially useful when you need to convince potential employers of your readiness for the job.

Pricing Information

For full pricing information, click here: Pricing

How to start preparing for this Exam:

1. Registering an account by itself is FREE. It can be done either by using your Facebook account, Google account, or completing a sign up form using your e-mail address. A free member may get free trials to our content and access to free resources.
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 websites of IBF or SCI.

For more info on the exams, please read up this article: Everything About CMFAS/CACS/FMRP Exams

Exemption for Module 6A, 8A, 9A

A specific representative who possesses any of the following qualifications, is not required to pass Module 6A, 8A and 9A:

1. Degree or higher qualification in finance, financial engineering or computational finance;
2. Chartered Financial Analyst (CFA) by the CFA Institute, USA; (exempted from Module 6, 8 etc too)

For the most up to date list of exemptions, please click "View Notice" on this official page here and look for paragraph 18C.

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