SIDC Exam Guides

Free, plain-English guides to the Securities Commission Malaysia Licensing Examinations run by SIDC: the Module 6, 7 and 12 formats and syllabuses, which modules your licence needs, pass rates, fees, registration, exam day and results. Then sit a free mock to see where you stand.

SIDC Prep is an independent study service. It is not affiliated with, endorsed by or connected to the Securities Industry Development Corporation (SIDC), the Securities Commission Malaysia (SC) or Bursa Malaysia. 'SIDC' is used only to describe the examinations. Exam formats, fees and licensing rules change: confirm the current details on sidc.com.my and sc.com.my before you register or apply.

Modules 6, 7 and 12

• SIDC Module 6 Exam Guide: Format and SyllabusSIDC Module 6 (Stock Market and Securities Law): 60 questions in 90 minutes, 60% to pass, open book, the 12 syllabus topics and how to prepare.
• SIDC Module 7 Exam Guide: Format and SyllabusSIDC Module 7 (Financial Statement Analysis and Asset Valuation): 60 questions, 90 minutes, 60% to pass, closed book with a calculator.
• SIDC Module 12 Exam Guide: Format and SyllabusSIDC Module 12 (Investment Management and Corporate Finance): 60 questions, 90 minutes, a 70% pass mark and eight syllabus sections.
• SIDC Module 6 and 7: The Dealer's Rep PairWhy dealer's representatives sit SIDC Modules 6 and 7, how the two papers differ, the alternatives (Modules 17 and 18) and which to take first.
• How to Pass SIDC Module 6 (Open Book)A study method for SIDC Module 6: preparing your prescribed reference materials, the topics that carry the marks, and timed mocks.
• SIDC Exam Pass Rates by ModulePublished SC licensing exam pass rates by module from 2015 to mid-2024, plus how many candidates sit each module a year.
• SIDC Past Year Questions: What ExistsSIDC does not publish past year questions for the SC licensing exams. What it does publish, and how to practise honestly instead.

Which modules and which licence

• Which SIDC Modules Do I Need for My Licence?The SC licensing exam modules each CMSRL activity needs, from the Licensing Handbook: dealing in securities, derivatives, fund management and advice.
• How to Become a Remisier in MalaysiaThe steps to a dealer's representative (remisier) licence in Malaysia: the SIDC exams, a sponsoring Participating Organisation and the CMSRL.

Registering, fees and exam day

• SIDC Exam Fees 2026: Cost per ModuleSC licensing exam fees from 1 March 2026: RM1,250 per module for residents, RM2,750 for non-residents, plus deferment and physical-centre charges.
• SIDC Exam Registration and Exam DayHow to register for an SC licensing exam on SIDC's portal, online proctored or at the SC building, what to bring, and the rules on the day.
• SIDC Exam Results, Retakes and ValidityWhen SC licensing exam results come out, what the result slip shows, re-sitting a module, and the 2-year validity of a pass.