How useful is CMFAS in improving career? - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




How useful is CMFAS in improving career?

 Citibank Cash Back Card - up to $350 cash back* - Click to Apply Now 
Reply
 
Thread Tools
  #1 (permalink)  
Old 18-06-2014, 05:44 PM
Senior Member
 
Join Date: Jun 2014
Posts: 47
boongaylim is on a distinguished road
Default How useful is CMFAS in improving career?

Hi,
Should I study for and appear in the CMFAS certification?
Does it go a long way in improving the career prospects?
Any personal experience would be welcome.

Thanks,
LBG

Reply With Quote
  #2 (permalink)  
Old 25-06-2014, 10:55 PM
Unregistered
Guest
 
Posts: n/a
Default

Just another certification.

Nothing to shout about

Reply With Quote
  #3 (permalink)  
Old 25-06-2014, 11:39 PM
Unregistered
Guest
 
Posts: n/a
Default

The thing about finance or say econs mods is that the more u learn, the less common sense u will have remaining. It's like gg through major brainwash that when u attain higher qualification, the things u blabber becomes nonsensical to a clear minded rational audience. That's the reason why PhDs who think they are smart enough to centrally plan the economy never foresee the crisis they manufacture with their own hands, either that or they are playing dumb as their puppet masters instruct them to do so

Reply With Quote
  #4 (permalink)  
Old 06-07-2014, 09:48 PM
kapoman
Guest
 
Posts: n/a
Default

CMFAS is just a requirement for people doing bank sales.

If you cant pass the required modules, you cant sell, which means you lose your job.
If your position doesn't require any cmfas modules, then having it would not be helpful either.

If you are interested in finance or banking, you can go for ACCA or CFA exams.

Or you can get a free course in forex. It seems that sixCapital is currently giving a good offer. see this website review here. ://singaporetempjob.com/six-capital-forex-course/


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iPhone


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
  #5 (permalink)  
Old 07-07-2014, 11:41 AM
Unregistered
Guest
 
Posts: n/a
Default

only for bank sales? i'm looking at module 4, pertaining to corp finance work.. any advice?
Reply With Quote
  #6 (permalink)  
Old 07-07-2014, 05:27 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
The thing about finance or say econs mods is that the more u learn, the less common sense u will have remaining.
Spoken like an uneducated lout.
Reply With Quote

  #7 (permalink)  
Old 09-07-2014, 10:12 PM
Unregistered
Guest
 
Posts: n/a
Default

For Corporate Finance, it is totally useless. If you get a job which requires Module 4, the coy will pay for it and you have to go for it. There is no point doing it outside yourself. Having passed module 4 would not give you legs up in any way. It is really easy to pass. Up to you if you wanna take, but my advice is for you to save that money up. Do CFA or CPA if you use extra papers as a route to Corporate Finance.


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iPhone


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
  #8 (permalink)  
Old 26-08-2015, 11:22 PM
Junior Member
 
Join Date: Aug 2015
Posts: 2
ostralek is on a distinguished road
Default

If you need some resources for studying or preparing for CMFAS exam, you might want to try 100Questions at 100Questions Exam Portal - 100Questions - Your Premier Exam Portal or Examfight at ExamFight! | We make exam preparation fun!

I took my M5 and M5A and found these resources rather useful. Hard to find good materials.


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iPhone


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
  #9 (permalink)  
Old 27-08-2015, 07:28 AM
Unregistered
Guest
 
Posts: n/a
Default

Useless. Anyone can pass them after studying for a few days. So, there is no difference in hiring someone with or without those certs
Reply With Quote
  #10 (permalink)  
Old 27-08-2015, 03:25 PM
Verified Member
 
Join Date: Aug 2015
Posts: 14
hrgt is on a distinguished road
Default

Quote:
Originally Posted by ostralek View Post
If you need some resources for studying or preparing for CMFAS exam, you might want to try 100Questions at 100Questions Exam Portal - 100Questions - Your Premier Exam Portal or Examfight at ExamFight! | We make exam preparation fun!

I took my M5 and M5A and found these resources rather useful. Hard to find good materials.
Got M5A meh? how come I didnt know of that. Trying to promote the website ah. Just study on your own, memorize and you can pass it. That is what I did. Studied for all the papers just through pure studying and memorizing.

The papers are only useful if you are doing sales (insurance), for M5, M9, M9A, HI.

For others then it will be futures trading, unit trusts, etc. Go for it only if you need it.
Reply With Quote
Reply

Bookmarks

Tags
cmfas

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Career advice for mid-career changer Rhin Income and Jobs 5 21-07-2010 11:21 PM

» 30 Recent Threads
Lawyer Salary ( 1 2 3... Last Page)
7,647 Replies, 2,621,795 Views
How much do you earn and save? ( 1 2 3... Last Page)
106 Replies, 14,827 Views
Roles in accenture singapore ( 1 2 3... Last Page)
392 Replies, 251,693 Views
How is life as a doctor in... ( 1 2 3... Last Page)
1,297 Replies, 909,925 Views
Compare civil service salary ( 1 2 3... Last Page)
10,120 Replies, 5,593,365 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
2,197 Replies, 973,700 Views
DBS Management Associate Program... ( 1 2 3... Last Page)
1,795 Replies, 274,124 Views
Anyone jobless for a long time... ( 1 2 3... Last Page)
2,918 Replies, 1,087,160 Views
Mortgage Specialist Role.
2 Replies, 1,478 Views
Anyone being hired during covid... ( 1 2 3)
26 Replies, 2,269 Views
Possible to earn passive income... ( 1 2)
18 Replies, 4,341 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
165 Replies, 77,575 Views
Anyone work for Casino (RWS/MBS) ?... ( 1 2)
12 Replies, 8,808 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
3,066 Replies, 1,287,210 Views
Career as Teacher ( 1 2 3... Last Page)
2,671 Replies, 1,610,800 Views
ST Electronics ( 1 2 3... Last Page)
690 Replies, 212,678 Views
What's the graduate officer... ( 1 2 3... Last Page)
56 Replies, 13,482 Views
Tax ( 1 2)
15 Replies, 3,684 Views
Mid-Year Civil Servant Bonus 2019 ( 1 2 3... Last Page)
1,635 Replies, 784,801 Views
anyone working at NCS ? ( 1 2 3... Last Page)
396 Replies, 288,466 Views
Submitting My Resume To ST... ( 1 2 3)
23 Replies, 22,549 Views
Job offer from Apple ( 1 2 3... Last Page)
462 Replies, 88,429 Views
Sign On After 30? ( 1 2 3... Last Page)
34 Replies, 3,110 Views
Queries about Cpib application ( 1 2 3... Last Page)
1,091 Replies, 501,095 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
3,298 Replies, 1,911,090 Views
Ceca
2 Replies, 304 Views
Changi Airport Group ( 1 2 3... Last Page)
378 Replies, 335,240 Views
Feeling helpless, need advice... ( 1 2)
11 Replies, 1,029 Views
Anyone working in NTU... ( 1 2 3... Last Page)
91 Replies, 93,152 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,380 Replies, 565,532 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 03:06 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2