SCI:: Examinations
 
Examinations
 



    
Contents
Registration Policies
Rules & Regulations
Exemption Policies
Examination Schedule
Exam Registration
Exam Fees & E-Receipt
Study Guides
Last Minute
Registration
Certification
Designations
Frequently Asked Questions

 
 
Home  >  Examinations >  M8
 
  • For Whom
  • Objective
  • Contents
  • Structure & Format
  • Duration
  • Minimum Passing Grade & Result Slip
  • Examination & Registration Fees
  • Study Materials / Supplementary Notes
  • Examination Mode
  • Examination Frequency & Schedule
  • Examination Resitting
  • Exemption
  • Registration
  • CPD Hours
  • Programme Changes

  • Examination Schedule

    M8 - Collective Investment Schemes

    For Whom
    Those intending to provide financial advice on and / or market collective investment schemes are required to pass this Module 8, together with Module 5 - Rules And Regulations For Financial Advisory Services, in compliance with the requirements as laid down by the Monetary Authority of Singapore (MAS).

    Objective
    To ensure potential financial advisers / representatives possess the requisite knowledge of the product characteristics, as well as the tools and techniques to analyse, advise and market collective investment schemes and unit trusts.

    Contents
    Total No. of Pages: 181(including a page of Notice)
    Chapter No. Of Pages for
    Each chapter
    1 Types Of Investment Assets - I 32
    2 Types Of Investment Assets - II 22
    3 Financial Markets 18
    4 Risk And Return 26
    5 Time Value Of Money 14
    6 Considerations For Investments 18
    7 Unit Trusts 16
    8 Fund Products 31
    Table 1: Future Value Interest Factors For One Dollar 4

    Structure & Format
    50 multiple-choice questions.

    Duration
    1 hour

    Minimum Passing Grade & Result Slip
    70%
    One mark will be awarded for each correct answer. No mark will be awarded or deducted for any wrong or blank answer.

    No certificate will be issued. Only Result Slip will be issued.

    Examination & Registration Fees (Inclusive of 7% GST)
    For details, please click here.

    Study Materials / Supplementary Notes
    Candidate can access the Study Guide (E-book format) after the candidate has successfully submitted the examination registration and made the necessary payment. The candidate is solely responsible for obtaining the correct edition of the Study Guide (E-book format) and the latest supplementary notes, etc, where applicable. The M8 Study Guide (Hardcopy version) consists of 188 pages (excluding Supplementary Notes) whereas the M8 E-Book consists of 188 pages (with Supplementary Notes incorporated).

    Please note that Supplementary Notes (if any) which update the Study Guide (E-book format) are testable materials applicable to the relevant examination.

    Those candidates however who still prefer a hardcopy version of the study guide may indicate on their registration form. They will need to come down personally to the SCI or authorise someone to collect the version. Candidates using the hardcopy version to study for the examination will need to check the SCI website regularly on the latest updates and supplementary notes that have to be read in conjunction. They can access the Revisions / Updates / Supplementary Notes to Textbooks, Study-Guides by using the following link: https://www.scicollege.org.sg/BookRevisions.asp

    For details, please click here.

    Examination Mode
    English Medium - Computer Screen Examination (CSE)
    The candidate can self-study for the closed book examination.

    Examination Frequency & Schedule
    The examination in English is conducted daily on weekday. 

    Candidates representing the life insurance companies may refer directly to their respective Training Department for the Examination Schedule. For other candidates, please refer to the Examination Registration in SCI Website

    For details of the examination dates, please refer to the Examination Schedule.

    Examination Resitting
    There is no limit on the number of times that a candidate can sit for an examination. However, he or she will not be permitted to sit for any examination if he or she has either passed or been exempted from it.

    The candidate may attempt the modules under the Capital Markets & Financial Advisory Services (CMFAS) examinations in any order of preference.

    Exemption
    For a list of approved exemptions, please refer directly to MAS Website at http://www.mas.gov.sg under MAS Notice No. FAA-N13: Notice on Minimum Entry and Examination Requirements for Representatives of Licensed Financial Advisers and Exempt Financial Advisers.

    Registration
    Registration must be made online via SCI Website.

    For details, please refer to the Examination Registration Policies.

    Candidates who represent life insurance companies will have to register  using their respective company's user ID and password. Please check directly with the respective Agency / Training Department for the registration details.

    Candidates who represent only General Insurance Companies, Banks / Securities Firms, Insurance Broking Firms, Independent Financial Advisers and others can register online via SCI Website.

    CPD Hours
    Upon passing the examination for this module, you are entitled to 1 CPD Hour.

    Programme Changes
    SCI solely reserves the right whether or not to accept any candidate, or to make any changes (including the fees) owing to any unforeseen circumstances, or when it considers necessary or appropriate to do so.

     
      Terms Of Use | Privacy Policy   © 2005 Singapore College of Insurance Limited (SCI). All Rights Reserved by SCI.