To ensure potential financial adviser representatives possess the requisite basic numeracy skills and proficiency in the English Language.
The examination consists of two papers.
Paper 1 - English (60 Marks)
Paper 2 - Mathematics (40 Marks)
Both examinations are on the same day. Paper 1 examination will begin first to be followed by Paper 2 examination, after a 15-minute break.
New candidates are required to sit for both papers on the same day and those who fail in one paper may resit the failed paper on another scheduled examination date. For details of the dates, please refer to the Examination Schedule.
English - 1 hour 30 minutes
Mathematics - 1 hour
At least 50% for each paper. However, the minimum passing grade can be attained at separate sittings.
Result Slip will be issued for each paper separately.
For details, please refer to Exam Fee section.
For Basic Competency Examination (BCE), there is no study Text.
Candidates who have registered for the examination successfully will be able to access the three sets of eMock via the link in their Confirmation of Examination Registration E-mail.
Pen & Paper (P&P) Examination in English only.
Candidates can self-study for the examination.
The examination is conducted quarterly on a 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 Schedule.
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.
Not applicable.
Registration must be made online via SCI Website.
Please refer to the Examination Registration Policies for more information on registration.
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 Houses, Insurance Broking Firms and Financial Advisers can register online via SCI Website.
No certificate will be issued to any candidate who passes the BCE examination. Only result slip will be issued.
With effect from 1 October 2021, candidate who has successfully passed the examination will be issued with SMART Result Slip sent to the candidate’s email address registered with the SCI. Candidate who has been unsuccessful will receive an email notification from the SCI. Please refer to the “Release Date of SMART Result Slip” as shown on the “Examination Schedule & Important Dates”. No hard copy of the result slip will be issued.
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.
Registration of any examination must be made online at www.scicollege.org.sg accordingly.
Payment can be made by Credit Card (VISA or MasterCard) which is the only payment option for online individual registration.
A Confirmation of Examination Registration will be sent to the candidate who has registered and paid up.
Cancellation or withdrawal of examinations will NOT BE ALLOWED and no refund of fees will be made. NO substitution or replacement of candidate is allowed.
Change of Examination Date/Time (With effect from 4 Jan 2012)
Cancellation or withdrawal of your examination registration is NOT ALLOWED.
Therefore, please check carefully before you submit the Registration.
You are allowed to change your registered examination for M5, M8, M8A, M9, M9A, HI, BCP, PGI, ComGI, CRI based on the SCI's prevailing rescheduling policy. If you wish to change from day to evening session, you will have to pay the top-up fee and administrative fee (if any), payable only via Credit Card. If you wish to change from evening to day session, you are also allowed to change, subject to the SCI's prevailing rescheduling policy. However, no refund of the examination fee will be made. You may refer to FAQ No. 17 for the SCI's prevailing rescheduling policy.
The administrative fee applicable for the change of examination date / time varies depending on when your request is submitted, as follows :
table
Note: Counting of the days does not include the actual examination date itself.
SCI does not reissue any result slip or certificate. However, any candidate who has misplaced the result slip or certificate can apply for the Letter of Certification. Application for the Letter of Certification must be made online via SCI website. Payment must be made by Credit Card (Visa or MasterCard). The required administrative fees and supporting documents as specified in the online Application Form must be attached upon submission. Otherwise, the application will not be processed.
SCI does not reissue any result slip or Diploma certificate. However, any candidate who has misplaced the result slip can apply for the Letter of Certification (listing of all subject passes and exemptions obtained to date), while any Diploma holder who has misplaced the Diploma certificate may apply for the Transcript (listing of all subjects passed and exempted). Application for the Letter of Certification and Transcript must be made online via SCI website. Payment must be made by Credit Card (Visa or MasterCard). The required administrative fees and supporting documents as specified in the online Application Form must be attached upon submission. Otherwise, the application will not be processed.
The administrative fees (inclusive of prevailing GST) payable are as follows:
Letter of Certification: S$23.70 (self)
Letter of Certification: S$33.80 (Third Party)
SCI will not entertain any changes to candidate or examination information at the time of examination admission. If you wish to make any changes to your Name or Date of Birth, you are required to come in person to SCI with valid and original supporting documents (strictly no soft copies) before the examination. If your examination is scheduled in the morning at 9.00 am, please call us at 6303 4687 / 6303 4653 / 6303 4679 / 6303 4678 from 8.30 am to 8.50 am and be present in person at SCI with the required supporting documents. If your examination is scheduled in the evening, you are required to reach SCI before 5.00 pm on the same day of your examination with the required supporting documents. Please note that you will not be permitted to sit for the examination if your request for correction/change is not submitted to SCI BEFORE the examination starts.
For information on the latest edition of the study materials used in each examination, please refer to the respective examination title.
The Result Slip that you receive after completing your examination as well as all examination results awarded by SCI are final. A Result Slip is an official written document certifying the examination outcome of the candidate in the examination concerned. SCI will not, under any circumstances, entertain any appeals or requests for rechecking of results. Examination results are strictly confidential.
For CMFAS, CGI, HI, CRI, COP, DLI and ChFC01-ChFC07 examinations, candidates will receive their examination results immediately upon completion of the computer mode examinations. For ChFC09 module, a Smart Certificate of Completion will be issued to candidates upon successful completion of all the requirements.
For BCE and ChFC08 examinations, SCI will send the Result Slips directly to the candidates’ mailing addresses by ordinary post (as specified in the candidates’ online User Account) one (1) month from the last examination date.
For Cert FPC, Advanced Certificate, DGIRM and ADGIRM examinations, SCI will send the Result Slips directly to the candidates’ mailing addresses by ordinary post (as specified in the candidates’ online User Account) two (2) months from the last examination date.
Examination results cannot be made known over phone calls or through other electronic means. SCI does not entertain any enquiry in this respect.
All matters concerning the examination are strictly confidential. SCI does not entertain queries on any matter concerning the examination and its results. All results notified are final and no review shall be made by SCI.
SCI solely reserves the right to make any changes (including the fees) owing to any unforeseen circumstances, or when it considers necessary or appropriate to do so. In case of cancellation by SCI, any fees paid will be refunded in full. The decision of SCI is final.
SCI welcomes any candidate's feedback. Please refer to the contact details, as follows:
Tel: (+65) 6221 2336, Fax: (+65) 6220 6684
Contact Us
document
Basic Competency Examination (BCE)
Exemption Request
There is no exemption granted.
#NOTE:
The GST rate will be increased from 7% to 8% with effect from 1 January 2023.
The GST rate will be increased from 8% to 9% with effect from 1 January 2024.
Please refer to the IRAS website at: https://www.iras.gov.sg/taxes/goods-services-tax-(gst) for more details.
For Basic Competency Examination (BCE), there is no Study Text.
Candidates who have registered for the examination successfully will be able to access the three sets of eMock via the link in their Confirmation of Examination Registration E-mail.
