The M8 mock exam & question bank
M8 (CM-CIS Part 1) is the CMFAS paper on collective investment schemes and capital markets products. It covers securities and financial instruments and is the first of the two CM-CIS papers.
A representative recommends an investment-linked policy to a client. Under the Financial Advisers Act, what must the representative do before the client commits to the purchase?
Pass mark
70%
Format
50 MCQs in 1 hour
Registration
Singapore College of Insurance (SCI)
Question bank
450+ questions
Official M8 exam fee (paid to Singapore College of Insurance (SCI)): S$150-250 incl. GST. Always confirm the current fee and pass mark with Singapore College of Insurance (SCI) before booking.
What makes M8 tricky
Many products to memorise
Stocks, bonds, warrants, derivatives, and unit trusts all appear in M8. It is easy to confuse their characteristics under pressure.
Hard to find your weak chapters
The syllabus is broad. Without analytics you waste study time on topics you already know instead of your real gaps.
Application questions, not just definitions
The exam does not just ask what a warrant is. It asks you to apply the product to a real market scenario.
What M8 covers
- Capital markets and securities
- Equities and the stock market
- Bonds and fixed income
- Warrants
- Unit trusts and collective investment schemes
- Risk and return concepts
- Regulation of investment products
How to prepare for M8 with CMFAS Prep
The same practice loop candidates use to walk in ready and pass on the first try.
Practice that targets your weak chapters
After each mock exam the engine reviews every answer, finds the chapters you scored lowest in, and builds a quiz from just those topics. You spend your time where it moves your score.
- Targeted practice built in seconds
- Adapts as your scores change
- Focuses on the chapters costing you marks
Instant feedback and a clear explanation every time
Learn as you practise. Every question gives an immediate right or wrong mark with a plain-English explanation, so the concept sticks the first time instead of on exam morning.
- Immediate right or wrong feedback
- A clear explanation for every question
- Less time re-reading dense notes
A mock that feels like the real paper
Sit a full paper under the official timing and question style, with results shown only at the end. You walk into the real exam already knowing how it feels and where you stand.
- Matches the official timing and structure
- Answers revealed only after you submit
- Builds the stamina a full paper needs
Don't just practise. Prepare the smart way.
Get full access to M8
One-time payment, no subscription. Every plan includes the Pass Guarantee.
One Paper
Pick a paper and drill it until the pass mark looks easy.
1 month access
Start with this planOne-time payment · Pass Guarantee included
- Full access to one exam of your choice
- Unlimited practice
- Always up-to-date 2026 syllabus
- Clear, simple explanations for every question
- Pass Guarantee included
Paper Pair
Two related papers on one plan: CM-LIP, CM-CIS, the GI papers, or any pair you choose.
2 months access
Start with this planOne-time payment · Pass Guarantee included
- Full access to a 2-exam combo
- Unlimited practice
- Always up-to-date 2026 syllabus
- Clear, simple explanations for every question
- Pass Guarantee included
New Adviser Pack
The four papers most new life advisers sit, on one plan.
3 months access
Over 30% savings vs. buying separately
Get the bundleOne-time payment · Pass Guarantee included
- Full access to RES 5, M9, M9A & HI
- Unlimited practice
- Always up-to-date 2026 syllabus
- Clear, simple explanations for every question
- Pass Guarantee included
Free M8 guides
Use these free guides to plan your study and master the toughest topics.
Prepare with us and pass, or study free until you do.
Every plan includes the Pass Guarantee. It is on the platform, not buried in fine print, because we would rather earn your result than your refund request.
- 1
Complete at least two full mock exams on the platform.
- 2
If you still don't pass your official exam, email us a photo of your result slip.
- 3
We extend your access by another month, free, so you can go again.
The advisers practising M8 here come from
M8 questions, answered
You register through the Singapore College of Insurance (SCI) exam portal. Create an account, select the CMFAS M8 module, and choose an exam date. Slots fill quickly, so secure yours at least 4-6 weeks in advance.
The SCI registration fee is typically S$150-250 (inclusive of GST) for first-time candidates, based on peak or non-peak time. Always check the latest fee schedule on the SCI website before booking.
You get 500+ practice questions, realistic mock exams, the AI Weakness Engine, Practice by Chapter mode, instant explanations, performance analytics, and the Pass Guarantee.
Complete at least two full-length mock exams on CMFAS Prep. If you still fail the official M8 exam, send us your SCI result slip and we will extend your access for another month at no cost.
The M8 Pass Prep plan includes 1 month of full access. You can renew anytime, and your progress and analytics stay saved.
Yes. The CM-CIS bundle includes 2 months of access to both M8 and M8A at a discount.
Ready to pass M8 on your first try?
Practise on real exam-style questions, fix your weak chapters, and sit the paper with no surprises.