As a Banker, Why should you pass JAIIB & CAIIB?
You might have heard about JAIIB and CAIIB conducted by Indian Institute of Banking and Finance (IIBF).
JAIIB is just like passing your 12th exam in Banking & Finance (Basic Knowledge) but CAIIB is like Graduation in Banking & Finance (Advance knowledge necessary for decision making). Passing both the exam will help you grow professionally in understanding of banking processes, in terms of remunerations and your career advancement. It also helps you grow as an individual rooted with confidence, maturity and a lot of experience.
If you have just joined, You have to first clear JAIIB (Junior Associate of Indian Institute of Banking & Finance) and then CAIIB (Certified Associate of Indian Institute of Banking & Finance)
When Exams are Conducted?
Both JAIIB and CAIIB Exams are conducted by IIBF for members, twice in a year. Generally in May/June and Nov/Dec. From May/June exam, new syllabus is introduced for both JAIIB and CAIIB. every year. For details click here Indian Institute of Banking & Finance (IIBF).
Syllabus & Exam pattern?
JAIIB has 4 important subjects:
- Indian Economy & Indian Financial System (IE&FS)
- Principles & Practices of Banking (PPB)
- Accounting & Financial Management for Bankers (AFM)
- Retail Banking & Wealth Management (RBWM)
Each paper carries MCQ pattern with 100 questions in a duration of 120 minutes. Negative marking @ 25% of the marks allotted to the question concerned.
Duration of Exam: 2 Hours
CAIIB has the following 5 papers. It can be attempt only after passing JAIIB and open to members of IIBF only.
- Advanced Bank Management(ABM)
- Bank Financial Management(BFM)
- Advanced Business & Financial Management (ABFM)
- Banking Regulations & Business Laws(BRBL)
Fifth paper is elective papers. One out of 5 subjects –
1. Risk Management
2. Information Technology & Digital Banking
3. Central Banking
4. Human Resource Management
5. Rural Banking
What is Passing Criteria :
- MCQ pattern with 100 questions in a duration of 120 minutes
- Negative marking @ 25% of the marks allotted to the question concerned
- There may be some numerical questions in some of the CAIIB subjects where, no options will be provided. These questions will not be in the MCQ pattern and the answer has to be keyed in by the candidate.
Benefit of passing JAIIB/CAIIB:
- Monetary Benefit :
For clerks – one increment for JAIIB and two increment for CAIIB
For Officers: one increment for JAIIB and one increment for CAIIB
- Non Monetary Benefit :
- Knowledge: You will get knowledge about banking which will help you to discharge your duty in a better way, more effectively and with confidence.
- Promotion: You get an edge in promotion, good weightage in interview and the promotion process becomes easier if you have passed JAIIB/CAIIB.
- Posting: JAIIB/CAIIB give you access to technical knowledge, hence it is possible that you receive posting in department like – Treasury, Foreign Exchange, Govt. Business etc.
Passing JAIIB/CAIIB is always a win-win situation for a banker. We help you passing these exams in single attempt. Our video library/Live classes and Mock test is prepared keeping in mind the new exam pattern and syllabus defined by IIBF. We keep on updating the content as per latest updates in Banking & Finance, RBI guidelines and important notifications.
Our JAIIB Course Validity – One Year from date of purchase.