Prepare for the SCI-administered CMFAS M9A examination with focused coverage of structured products, derivatives, structured investment-linked policies, portfolio insurance and applied product analysis.
Qualification facts verified against Current M9A syllabus. Last checked 2026-08-03. Official SCI M9A exam details. The supplied official study material controls the learning content. The current SCI page verifies the M9A title, six-chapter structure, 50-question format, 60-minute duration, 70% passing grade and result-slip rules.
CMFAS M9A practice inventory
Your exam preparation path
Preparation for the SCI-administered CMFAS M9A result-slip examination; employers determine the complete CMFAS module combination required for a regulated role.
Listen to course modules on the go. Perfect for studying while driving or commuting.
* This is a chapter sample. All audio is available in the full version.
Explore our interactive learning tools below
A candidate is comparing closely related structures. Which term matches this description? A discounted bond can grow to par at maturity, leaving part of the initial investment available to buy the option that provides upside participation.
M9A tests structured-product design and risk, derivatives, structured investment-linked policies, portfolio insurance and the application of product knowledge to case studies.
This course turns the six-chapter scope into six detailed summaries, 298 active-recall flashcards, a 285-item searchable reference sheet, five timed 50-question mock exams and an AI tutor grounded in the M9A study material.
The official SCI-administered M9A examination contains 50 multiple-choice questions, lasts 60 minutes and requires 70% to pass. Each mock follows those constants. SCI does not publish chapter weights on the public M9A page, so the course uses a documented practice allocation that gives every chapter coverage without presenting it as an official weighting.
🇸🇬 Local market guide
Review the M9A pathway, official booking route and Singapore career context before paying the examination fee.
CMFAS M9A is administered by SCI and covers structured products, derivatives, structured investment-linked policies, portfolio insurance and applied product analysis. Singapore competence requirements are role-specific, so the employing financial institution should confirm whether M9A and any other CMFAS modules apply to the intended representative activity.
Monetary Authority of Singapore and Singapore College of InsuranceUse the official SCI M9A page and SCI registration channel for the current examination schedule, eligibility, fees and booking instructions.
View official SCI M9A detailsM9A is relevant to financial-advisory, life-insurance, wealth, structured-product distribution and compliance roles. The employer determines the exact module combination required for the regulated activity.
Exams Academy checkout is in US dollars and the card provider converts the charge to SGD. The official SCI examination fee and official study material are separate and are paid through the applicable SCI channel.
Market-specific reading
| Assessment | 50 multiple-choice questions in an English-medium, closed-book computer-screen examination |
| Duration | 60 Minutes |
| Standard Pass Mark | 70% |
| Feature | Exams Academy | Details |
|---|---|---|
| Access Period | Lifetime Access | One-time enrollment with no recurring fee |
| Practice Exams | Unlimited Retakes | Five full-length 50-question mock exams |
| Study Support | Instant 24/7 AI Tutor | Self-service AI support; live instructor support is not included |
| Cost | $189 (One-Time) | One-time payment with no recurring subscription |
Practise the official 50-question format under a 60-minute timer with the 70% pass grade applied.
Clarify structured-product mechanics, derivatives, structured ILPs and case-analysis decisions inside the learning platform.
Move directly between 298 flashcards and a 285-item searchable reference sheet.
Study structures, risks, calculations, disclosure duties and case evidence without unnecessary filler.
Use the same question bank in two different ways: build understanding with instant feedback, then switch to a realistic simulation when you are ready.
Choose an answer, see immediately whether it is right or wrong, and read the explanation before moving on.
Work against the official-style timer without revealing answers, then review your score and every explanation after submission.
Product components, legal wrappers, protection designs, yield enhancement, participation and suitability.
Market, credit, liquidity, currency, leverage, collateral, legal, regulatory and early-redemption risks.
Futures, forwards, options, warrants, strategies, swaps, credit derivatives and contracts for difference.
Structured ILP features, insurance elements, pricing, charges, disclosure, governance and suitability controls.
Portfolio-insurance structures that combine investment exposure with a life-insurance policy element.
Applied assessment of product objectives, assets, fees, payoffs, liquidity, risks and client suitability.
Preparation centre
Use these connected guides for the syllabus, exam format, booking and revision strategy.
M9A is a 60-minute, English-medium closed-book computer-screen examination containing 50 multiple-choice questions.
The official passing grade is 70%. A correct answer earns one mark, with no mark awarded or deducted for a wrong or blank answer.
The Singapore College of Insurance administers M9A within the CMFAS examination framework.
M9A covers structured products, their risks, derivatives, structured investment-linked policies, portfolio insurance and applied case studies.
No. SCI does not publish M9A chapter weights on its public exam page. The course uses a documented practice allocation so all six chapters are represented.
SCI states that candidates receive a result slip and that no official certificate is issued. The Exams Academy completion certificate records completion of this independent preparation course only.
No. Exams Academy is an independent education provider and is not affiliated with or endorsed by SCI or MAS.
You receive lifetime access to the current course content with no recurring subscription fee.
Yes! Test your knowledge and see our AI tutor explanations with the free CMFAS M9A – Life Insurance and Investment-Linked Policies II Sample Paper. It contains 15 questions from one named topic and is not a full mock exam or overall readiness assessment.
No. CMFAS M9A is administered by SCI and covers structured products, derivatives, structured investment-linked policies, portfolio insurance and applied product analysis. Singapore competence requirements are role-specific, so the employing financial institution should confirm whether M9A and any other CMFAS modules apply to the intended representative activity.
Use the official SCI M9A page and SCI registration channel for the current examination schedule, eligibility, fees and booking instructions.
Exams Academy checkout is in US dollars and the card provider converts the charge to SGD. The official SCI examination fee and official study material are separate and are paid through the applicable SCI channel.
Prepare for the SCI CMFAS M9A exam with structured study notes, active practice, flashcards and a course-grounded tutor.
Only if you have already purchased. Enter the email you used to buy. We'll send a sign-in link AND a 6-digit code so you can log in on any device.