Passed CMFAS M5 exam.

Today is another remarkable day for me, I passed Markets and Financial Advisory Services Examination (CMFAS) Module 5 - Rules and Regulations for Financial Advisory Services on my 1st attempt.

In order to pass M5 exam candidate need finish 100 multiple-choice questions within 2 hours and the minimum passing grade is 75%.One mark will be awarded for each correct answer.  No mark will be awarded or deducted for any wrong or blank answer.

The CMFAS Exam comprises the following Modules:

Rules & Regulations

Module 1A - Rules and Regulations for Dealing in Securities (SGX-ST Members)

Module 1B - Rules and Regulations for Dealing in Securities (Non-SGX-ST Members)

Module 2A - Rules and Regulations for Trading in Futures Contracts (for members of the Singapore Exchange Derivatives Trading Limited (“SGX-DT”))

Module 2B - Rules and Regulations for Trading in Futures Contracts (for members of the Singapore Mercantile Exchange (“SMX”))

Module 3 - Rules and Regulations for Fund Management

Module 4A - Rules and Regulations for Advising on Corporate Finance

Module 4B - Rules and Regulations for Advising on Corporate Finance (Solely Debt Securities)

Module 5 - Rules and Regulations for Financial Advisory Services

Module 10 - Rules & Regulations for REIT Management, with Product Knowledge & Analysis

Product Knowledge & Analysis

Module 6 - Securities Products and Analysis

Module 7 - Futures Products and Analysis

Module 8 - Collective Investment Schemes

Module 9 - Life Insurance and Investment-linked Policies

Modules: 1A,1B,2A,2B,3,4A,4B,6,7 & 10  are conducted by The Institute of Banking and Finance (IBF).

Modules: 5, 8 & 9 are conducted by The Singapore College of Insurance (SCI).

Modules marked in green - passed the exam or exempted from taking the exams

Modules marked in yellow - my next stage exam modules
Modules marked in light blue - may take exam in the near futures (depends on the situation)