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IIBF Entrance Exam 2024 - Indian Institute of Banking and Finance acronym IIBF is mainly giving special opportunities by offering courses in Finance and banking to the aspirants. The institute also gives Distance Learning courses to aspiring students and has collaborations with the famous Punjab national bank institute of information technology and Indira Gandhi National Open University, etc.
Indian Institute of Banking and Finance provides major career-based courses like Diploma in Banking & Finance which has about 3 papers likewise 1. Accounting & Finance for Bankers, 2. Principles & Practices of Banking and 3. Legal & Regulatory Aspects of Banking. For providing admission to this course the institute organized the IIBF exam two times a year. The appearing students must have to get successful marks in all the exams within 1 year.
Date of Notification and Availability of Application Form
Last Date of Submission of Application Form
Date of Entrance Exam
Date for Declaration of Result
The tentative syllabus for the IIBF entrance exam covers
The candidates would be able to acquire knowledge in the following:
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Module A-Indian Financial System Recent developments in the Indian Financial system; market structure and financial innovation. RBI, SEBI, IRDA, etc., their major functions Role and Functions of banks – Regulatory provisions/enactments governing banks Retail banking: Approach, products, marketing, etc. Wholesale Banking; international banking; Role and functions of Capital markets Role and Functions of Mutual Funds Role and Functions of Insurance Companies – Bancassurance Importance of risk management in banks-types of risk-impact and management Factoring & Forfaiting Alliances/ mergers/ consolidation ADR/ GDR/ Off Balance sheet items Participatory Notes Credit Information Bureau Ltd Fair Practices for Debt Collection Basel II Banking Codes and Standard Boards. |
Module B-Functions of Bank Deposits Banker-Customer Relations – Know your Customer[KYC] guidelines-Different Deposit Products – services rendered by Banks – Mandate and Power of attorney; Banker’s lien – the right of set-off – garnishee order – Income tax attachment order, etc. Payment and Collection of Cheque – duties, and responsibilities of paying and collecting banker-protection available to paying and collecting banker under NI Act – endorsements – forged instruments – bouncing of cheques and their implications An opening of accounts for various types of customers – minors – joint account holders – HUF – firms – companies – trusts – societies – Govt. and public bodies Importance of AML |
Credit
Principles of lending – various credit Products/ Facilities – working capital and term loans – Credit Appraisal Techniques – Approach to lending; – credit management – credit monitoring -NPA Management – Different types of documents; Documentation Procedures; Stamping of documents Securities – Different modes of charging – types of collaterals and their characteristics Priority Sector Lending – sectors – targets – issues/ problems – recent developments – Financial Inclusion Agriculture/ SMEs/ SHGs/ SSI/ Tiny Sector financing New Products & Services -Factoring, Securitisation, bancassurance, Mutual Funds, etc. Credit Cards/ Home Loans/ Personal Loans/ Consumer Loans-Brief outline of procedures and practices Ancillary Services: Remittances, Safe Deposit lockers, etc.
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Module C-Banking Technology Electronic Banking- Core Banking – Electronic products – Core Banking Banking Technology – Distribution channels- – Teller Machines at the Bank Counters – Cash dispensers – ATMs – Anywhere Anytime Banking – Home banking (Corporate and personal) Electronic Payment systems Online Banking – Online inquiry and update facilities – Personal identification numbers and their use in conjunction with magnetic cards of both credit and debit cards, smart cards, signature storage and display by electronic means, cheque truncation, microfiche, note, and coin counting devices. Electronic funds transfer systems – plain messages (Telex or data communication) – structured messages (SWIFT, etc…) – RTGS Information Technology – Current trends – Banknet, RBI net, Datanet, Nicnet, I-net, Internet, E-mail, etc…- Role and uses of technology up-gradation – Global developments in Banking Technology – Information Technology in finance and service delivery Impact of Technology on Banks – Protecting the confidentiality and secrecy of data – effect on customers and service quality – Computer Audit -Information System Audit Information System Security and Disaster Management. |
Module D-Support Services – Marketing of Banking Services/Products. Marketing Management – Meaning, Importance, and Functions – Marketing of Services – Product Research & Development – Test marketing of bank products – Product Life Cycle – Product Modification – New Product Development – Packaging and Branding of bank products – Diversification – Pricing of bank products and services – Objectives, Strategies, and Methods – Factors Influencing the Pricing Decisions, Importance of Pricing. Distribution – Factors Influencing – Direct and Indirect Channels of bank products – Physical Distribution – Channel Functions and Services – Promotion – Promotion Mix and Role of Promotion in Marketing – Marketing Information Systems. Role of DSA/ DMA in Bank Marketing Channel Management Selling function in a bank Portfolio and Wealth Management Telemarketing/ Mobile Phone Banking. |
Important
Irrespective of the syllabus given above, keeping in view the professional nature of examinations, all matters falling within the realm of the subject concerned will have to be studied by the candidate as questions can be asked on all relevant matters under the subject. The Institute also reserves to itself the right to vary the syllabus/rules/fee structure from time to time. Any alterations made will be notified from time to time. Further, questions based on current developments in banking and finance may be asked.
Each IIBF Question Paper will contain approximately 120 objective types of multiple-choice questions from the following given subjects, carrying 100 marks including questions based on a case study.
The Institute may, however, vary the number of questions to be asked for a subject.
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Analytical / Logical Exposition |
Case Analysis | Conceptual Grasp | Knowledge Testing | Problem Solving |
Note: Negative marking will be applied in case of wrong answers at half of the inverse proportion to the number of choices given in the question. For example, 1 mark question with 4 choices will have 1/8 as the negative mark, if answered wrongly.
Important: This 2 hours exam will be conducted only in the English language.
Interest candidates can get examination application Forms available at the Institute’s website www.iibf.org.in which could be downloaded and filled in. The Application Forms will also be available at the Institute’s Zonal Offices, Corporate Office, and also at centers/offices notified from time to time.
IIBF Examination Application Forms duly filled in along with requisite examination fee should be submitted to the respective Zonal Office at Mumbai, Chennai, New Delhi & Kolkata.
IIBF Examination Fees / Registration Fee is as follows:
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1st attempt |
Rs. 3200/- |
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2nd attempt |
Rs. 800/- |
“Examination fee Includes registration fee, CBS Learning, and 1st attempt examination fee”.
Members may opt for any of the following modes for submission of application and make payment of fees :
Candidates are advised to submit their application forms along with payment to the respective zonal office(address is given below) to which they belong.
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1. Northern Zonal Office Indian Institute of Banking & Finance |
2. Eastern Zonal Office Indian Institute of Banking & Finance |
3. Western Zonal Office Indian Institute of Banking & Finance, |
4. Southern Zonal Office Indian Institute of Banking & Finance, |
The examination is conducted normally twice a year in February
The final result of the examination along with the marks secured is normally declared within Two months after the conclusion of the examination.
