CMFAS / IBF Exam Study Site
Study for the Singapore capital markets exams
Section titled “Study for the Singapore capital markets exams”Three exams, three ways to practise each of them. The study guide is split one page per chapter, and every question bank is available as a chapter quiz, a daily quiz (30 mixed questions) and a full mock exam that mirrors the real paper’s length, timing and pass mark.
CM-SIPSpecified Investment Products: derivatives and structured products
CM-SIP — chapter quizOne chapter at a time, with the answer and explanation as soon as you answer.
CM-SIP — daily quiz30 mixed questions.
CM-SIP — mock examFull timed paper.
FMRPConduct, ethics and regulatory practice for financial markets
FMRP — chapter quizOne chapter at a time, with the answer and explanation as soon as you answer.
FMRP — daily quiz30 mixed questions.
FMRP — mock examFull timed paper.
RES 12BNon-exchange members: RES 1B (securities) and RES 2B (derivatives)
RES 12B — chapter quizOne chapter at a time, with the answer and explanation as soon as you answer.
RES 12B — daily quiz30 mixed questions.
RES 12B — mock examFull timed paper.
Exam facts at a glance
Section titled “Exam facts at a glance”| Exam | Questions | Time | Pass mark | Bank | Guide | Practise |
|---|---|---|---|---|---|---|
| CM-SIP | 80 | 2.5 h | 70% | 186 | Guide | Practise |
| FMRP | 100 | 2 h | 75% | 300 | Guide | Practise |
| RES 12B | 60 | 1.5 h | 75% | 310 | Guide | Practise |
See the study plan for sequencing, booking windows and sitting strategy across the three exams.