About the Diploma in Banking & Finance
There will be a growing demand for qualified manpower for the banking and finance sector in the coming years on account of expansion of volume of business and large scale retirement of personnel. Banking and finance industry will require professionally qualified manpower endowed with banking and finance knowledge and skills together with technology-familiarity, customer-orientation and hands-on application skills who can be assigned to various desks/jobs with minimal training intervention at the bank level.
In view of the huge current as well as potential demand for the professionally qualified manpower for the banking and finance sector, and to ensure a steady stream of industry-ready professionals at the entry-level, IIBF has designed a professional qualification in banking and finance - titled "Diploma in Banking & Finance" for graduates in any discipline who aspire for a career in banking and finance
The course will give knowledge inputs to the candidates and expose them to the operational processes and modern banking environment so that they can man the counters at the bank from the first day of their joining the bank. It is expected that successful candidates of Diploma in Banking & Finance would have a competitive edge and will be absorbed by banks and financial institutions and Diploma in Banking & Finance would emerge as a preferred professional qualification with graduation for employment in banking and finance industry.
Hosting of the Resume of Successful candidates on IIBF's Website for employment:
IIBF will host on its website brief resume, with photograph of all the successful candidates and make it available to its Member Banks/Institutions which include Reserve Bank of India, State Bank of India and its Associate Banks, Public Sector Banks, Private Sector Banks, Foreign Banks, Co-operative Banks and IT/BPO Companies providing services to banking industry, for considering them for employment.
The Institute has taken up the issue of recognition of its Diploma with banks and some of the banks have already recognised Diploma in Banking & Finance as a desirable qualification for recruitment(refer to the Industry recognition sction). The process of recognition in other banks is underway.
INDIAN BANKS ASSOCIATION (IBA) HAS APPROVED DIPLOMA IN BANKING & FINANCE EXAMINATION CONDUCTED BY IIBF AS A DESIRABLE QUALIFICATION ALONG WITH OTHER PRESCRIBED ENTRYLEVELQUALIFICATION FOR RECRUITMENT IN BANKS.
Salient Features
- Diploma in Banking & Finance will impart banking and finance knowledge and skills together with technology-familiarity and customer-orientation.
- High quality academic rigour and specially prepared courseware.
- Candidates undertaking the course will have comprehensive and up-to-date knowledge in the subject of banking and finance. The Diploma offers practical insights into the subjects while, at the same time, emphasizes robust theoretical foundation.
- The course will make the candidates job ready.
- The course is so designed that most employers would value it for talent scouting.
- This will ensure that banks can reduce their post recruitment training intervention.
- The course is cost effective and at the same time high in quality. At an additional fee, candidates can seek educational support in the form of e-learning/virtual classes/contact classes.
- The diploma carries professional recognition among the banking and finance community as it is equivalent to banking industry recognized JAIIB qualification of IIBF.
- The certification is backed by a system of high professional standards of the Institute
ELIGIBILITY :
1- 12th Class Pass. / Graduates
2-(Members of the Institute are not eligible for DB&F examination since they are eligible to appear for JAIIB examination. In case if any Member of the Institute appears for DB&F examination, their result / certificate will be liable for cancellation)
SUBJECTS OF EXAMINATION EXAMINATION FEES / REGISTRATION FEES
(1) Principles & Practices of Banking,
(2) Accounting & Finance for Bankers,
(3) Legal & Regulatory Aspects of Banking
EXAMINATION /REGISTRATION FEES
For Non-members only First Block of 2 attempts `3,200/-
* Second Block of 2 attempts `2,400/- *
MEDIUM OF EXAMINATION
The examination will be conducted in English medium only.
PATTERN OF EXAMINATION
(i) Each Question Paper will contain approximately 120 objective types multiple choice questions, carrying 100 marks including questions based on case study / case lets. The Institute may, however, vary the number of questions to be asked for a subject.
There will NOT be negative marking of wrong answers. Questions for the Examination will be asked calling for : (a) Knowledge testing, (b) Conceptual grasp, (c) Analytical / logical exposition, (d) Problem solving, (e) Case analysis (ii) Examination will be held in on three consecutive sundays
DUARATION OF THE EXAMINATION
The duration of the examination will be of 2 hours
PERIODICITY AND EXAMINATION CENTRES
(i) The examination will be conducted normally twice a year in May / June and November / December on Sundays. (ii) Alist of Examination centers will be provided in the online exam application form
PASSING CRITERIA
Pass : Minimum marks for pass in every subject -50 out of 100 marks. (ii) Candidate securing at least 45 marks in each subject with an aggregate of 50% marks in all subjects of examination in a single attempt will also be declared as having completed the examination.(iii) Candidates will be allowed to retain credits for the subject/s they have passed in one attempt till the expiry of the time limit for passing the examination as mentioned below :
THE LIMIT FOR PASSING THE EXAMINATION
(i) Candidates will be required to pass the examination within a time limit of 2 years (i.e. 2 blocks of 2 consecutive attempts). Initially a candidate will have to pay course fee which includes CBS learning and first 2 attempts examination fee. In case a candidate is not able to pass examination in the first 2 attempts, candidate should necessarily submit the Examination Application form for the second block of 2 attempts, without any gap on payment of requisite examination fee. If they do not submit the examination form immediately after exhausting the first 2 attempts, the examination conducted will be counted rd as 3 attempt for the purpose of time limit for passing. (ii) Candidates not able to pass examination within the stipulated time period of two years are required to re-enroll themselves afresh by submitting a fresh Examination Application Form. Such candidates will not be granted credit/s for subject/s passed, if any, earlier.
CLASS OF PASS CRITERIA
The Institute will consider the FIRST PHYSICAL ATTEMPT of the candidate at the examination as first attempt for awarding class. In other words, the candidate should not have attempted any of the subject/s pertaining to the concerned examination any time in the past and has to pass all the subjects as per the passing criteria and secure prescribed marks for awarding class. Candidate re-enrolling for the examination after exhausting all permissible attempts as per the time limit rule will not be considered for awarding class. For Non-members only First Block of 2 attempts `3,200/- * Second Block of 2 attempts `2,400/- * * Plus Service Tax as applicable (Reg. No. AAATT3309DSD002 Name of the Book Price Principles & Practices of Banking 365.00 Accounting & Finance for Bankers `365.00 Legal & Regulatory Aspects of Banking `365.00 ` 3 2) First Class : 60% or more marks in aggregate and pass in all the subjects in the FIRST PHYSICAL ATTEMPT. 3) First Class with Distinction : 70% or more marks in aggregate and 60 or more marks in each subject in the FIRST PHYSICAL ATTEMPT
PROCEDURE FOR APPLYING THE EXAMINATION
Application for examination should be made online from the Institute's website www.iibf.org.in. st No physical form will be accepted by the Institute with effect from 1 January, 2013.
PROOF OF IDENTITY
Candidates applying for Institute's exam / course are required to submit a copy of any one of the following documents along with Examination Application Form. Forms without the same shall be liable to be rejected. 1) Collage ID Card (Preferable) or 2) PAN Card or 3) Election Voter's i/card or 4) Passport or 5) Driving Licence or 6) Aadhaar Card
STUDY MATERIAL / WORK BOOK
The Institute has developed a courseware to cover the syllabus. Candidates are advised to make full use of the courseware and also the updates put on the IIBF website from time to time. However, as banking and finance fields are dynamic, rules and regulations witness rapid changes. Hence, candidates should keep themselves updated on latest developments by going through Master Circulars issued by RBI, visiting the websites of organizations like RBI, SEBI, BIS etc.
INDIAN INSTITUTE OF BANKING & FINANCE (An ISO 9001 - 2008 CERTIFIED ORGANISATION) nd Kohinoor City, Commercial-II, Tower-1, 2 Floor, Kirol Road, Kurla (West), Mumbai - 400 070 Web-site : www.iibf.org.in
DIPLOMA IN BANKING & FINANCE
Rules & Syllabus 2015
PAPER - 1 : PRINCIPLES & PRACTICES OF BANKING Objective :
The candidates would be able to acquire knowledge in the following: - Various functions associated with banking. - Practice and procedures relating to deposit and credit, documentation, monitoring and control. - An insight into marketing of banking services and banking technology.
Module A- Indian Financial System
(1) Recent developments in the Indian Financial system; market structure and financial innovation. RBI, SEBI, IRDA etc. their major functions, (2) Role and Functions of banks - Regulatory provisions / enactments governing banks, (3) Retail banking: Approach, products, marketing etc., (4) Wholesale Banking; international banking; (5) Role and functions of Capital markets, (6) Role and Functions of Mutual Funds, (7) Role and Functions of Insurance Companies - Bancassurance, (8) Importance of risk management in banks-types of riskimpact and management Factoring & Forfaiting, (9) Alliances / mergers / consolidation, (10) ADR / GDR / Off Balance Sheet Items, (11) Participatory Notes, (12) Credit Information Bureau Ltd., (13) Fair Practices for Debt Collection, (14) Basel-II, (15) Banking Codes and Standard Boards
Module B - Functions of banks
Deposits :
Banker-Customer relations - Know your Customer (KYC) guidelines-Different Deposit Products - services rendered by Banks - Mandate and Power of attorney; Banker’s lien - 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. 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 - NPAManagement. 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
Module C - Banking Technology
Electronic Banking- Core Banking -Electronic products Banking Technology - Distribution channels - Teller Machines at the Bank Counters - Cash dispensers - ATMs - Anywhere Anytime Banking - Home banking (Corporate and personal) Electronic Payment systems. On line Banking - Online enquiry 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/ DMAin Bank Marketing Channel Management Selling function in a bank Portfolio and Wealth Management Tele marketing / Mobile Phone banking
PAPER - 2 : ACCOUNTING & FINANCE FOR BANKERS
Objective :
The candidate would be able to acquire the knowledge of the basics of financial mathematics and basics of accountancy and develop an understanding of the basic financial concepts
Module A- Basics of Business Mathematics
Calculation of simple Interest and compound interest -Fixed and Floating interest rates - calculation of EMIs - Calculation of front end and back end interest - Calculation of Annuities - Calculation of provisions for NPA and risk weights for Basel-II - Interest calculation using products / balances. Bonds - Calculation of YTM - Duration - Bond Pricing - Premium and Discount - Bond valuation rules preliminary method, definition of debt, rules on compounding in respect of loan accounts, penal interest etc. Capital Budgeting - Discounted cash flow - net present value - pay back methods. Depreciation - different types - methods of calculations.
Module B - Accounting in Banks / Branches
Definition & Scope and Accounting Standards - Nature and purpose of accounting; historical perspectives - Origins of accounting principles - accounting standards and its definition and Scope. Generally Accepted Accounting Principles - USA Transfer Price mechanism Basic Accountancy Procedures - Concepts of accountancy - entity going concern - double entry systems, Principles of conservatism - revenue recognition and realization - accrual and cash basis. Record keeping basics -account categories - debit and credit concepts - journalizing - Maintenance of Cash / Subsidiary books and Ledger -Trial Balance - Adjusting and Closing entries - Day Book and General Ledger Posting.
Module C - Bank Accounting and Balance Sheet
Rules for bank accounts, cash / clearing / transfer vouchers / system - subsidiary book and main day book - General Ledger -Branch v/s Bank Accounts Bank Balance Sheet Structure - accounts - categories -Assets, Liabilities and Net Worth Components. Accounting for NPA/ Provisioning / Suit Filed Accounts. Preparation of Final Accounts - Final Accounts of Banking Companies. Disclosure requirements
Module D - Other Accounts
Partnership accounts - partner’s fixed capital accounts - Current accounts - loan accounts - treatment of intangibles like goodwill - admission / retirement / death of partner. Company accounts - classes of Share Capital - issue/ forfeiture of Shares - issue of Bonus Shares. Bank reconciliation statement - Capital & Revenue Expenditure / Depreciation / Inventory Valuation / Bill of Exchange / Consignment Account / Joint Venture - Special accounts - Leasing and Hire - Purchase Company accounts - Accounts of Non - Trading Concerns - Accounting from incomplete records - Receipts and Payments Account - Income and Expenditure Account, Ratio Analysis.
Module E - Computerized Accounting
Accounting in electronic environment - methods - procedures - security - rectification. Core banking environment is to be highlighted. Standard books maintained for different accounts are to be shown as model.
PAPER - 3 : LEGAL & REGULATORYASPECTS OF BANKING
Objectives :
The candidates would be able to acquire knowledge in lthe legal & regulatory framework of the banking system and the various laws and enactments affecting day to day Banking operations
Module A- Regulations and Compliance
The questions in this section will be with reference to legal issues and problems A. Provisions of RBI Act 1935 ,Banking Regulation Act 1949 Banking Companies [Acquisition and transfer of undertakings Act 1970 & 1980] B. lGovernment and RBI’s powers lOpening of new banks and branch licensing lConstitution of board of directors and their rights lBanks share holders and their rights lCRR / SLR concepts lCash / currency management lWinding up - amalgamation and mergers lPowers to control advances - selective credit control - monetary and credit policy lAudit and Inspection lSupervision and control - board for financial supervision - its scope and role lDisclosure of accounts and balance sheets lSubmission of returns to RBI etc. Corporate Governance
Module B - Legal aspects of banking operations
Case laws on responsibility of paying / collecting banker Indemnities / guarantees - scope and application - obligations of a banker - precautions and rights-laws relating to bill finance, LC and Deferred Payments - Laws relating to securities - valuation of securities - modes of charging securities - lien, pledge, mortgage, hypothecation etc - registration of firms / companies - creation of charge and satisfaction of charge.
Module C - Banking Related Laws
Law of limitation Provisions of Bankers Book Evidence Act Special features of Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (a) TDS, (b) Banking Cash Transaction tax, (c) Service Tax, (d) Asset Reconstruction Companies The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. (a) The Consumer Protection Act, 1986, (b) Banking Ombudsman, (c) Lok Adalats (d) Lender’s Liability Act.
Module D -Commercial Laws with reference to banking operations
Indian Contract Act, 1872 (Indemnity, Guarantee, Bailment, Pledge and Agency etc) The Sale of Goods Act, 1930 (Sale and Agreement to Sell, Definitions, Conditions and Warranties, Express and Implied, Right of unpaid Seller etc) The Companies Act, 1956 Definition, features of company, Types of Companies, Memorandum, Articles of Association, Doctrines of Ultravires, indoor management and constructive notice, membership of company - acquisition - cessation, rights and duties of members and register of members, Prospects and directors. Indian Partnership Act, 1932 Definition and types of partnership, relation of partners to one another - Relation of partners to third parties, Minor admitted to the benefits of Partnership, Dissolution of firm, Effect of non - registration - The Transfer of property Act (i) Foreign Exchange Management Act 2000, (ii) Prevention of Money Laundering Act (iii) Right to Information Act, (iv) Information Technology Act.
COURSES OF IIBF
A. Flagship Courses (for Members*)
☞☞JAIIB
☞ CAIIB
B. Specialised Diploma Courses (for Members* and Non-Members**)
☞Diploma in Banking & Finance (Only for Non-Members)
☞Diploma in Treasury, Investment and Risk Management
☞Diploma in Banking Technology
☞Diploma in International Banking and Finance
☞Advanced Diploma in Urban Co-operative Banking
☞Diploma in Commodity Derivatives for Bankers
☞Advanced Wealth Management Course
☞Diploma in Home Loan Advising
C. Certificate Courses (for Members* and Non-Members**)
☞Certificate in Trade Finance
☞Certified Information System Banker
☞Certificate in Anti-Money Laundering / Know Your Customer
☞Certificate in Quantitative Methods for Bankers
☞Certificate in Credit Cards for Bankers
☞Certificate Examination in Banking Oriented Paper in Hindi
☞Certificate Examination in SME Finance for Bankers
☞Certificate Examination in Customer Service & Banking Codes and Standards
☞Certificate Examination in CAIIB - Elective Subjects Certificate Examination in Basics of Banking / Credit Card Operations / Functions of
☞Banks for employees of IT Companies
☞Certificate Course for Business Correspondents / Business Facilitators
☞Certificate Examination for Debt Recovery Agents
☞Certificate Examination in ITSecurity ☞Certificate Examination in Rural Banking Operations for RRB Staff
☞Certificate Examination in Prevention of Cyber Crimes and Fraud Management
☞Certificate Examination in Foreign Exchange Facilities for Individuals
☞Certificate Examination in Microfinance
☞Certified Bank Trainer
☞Certified Banking Compliance Professional
☞Certified Credit Officer
☞Certified Treasury Dealer
☞Project Finance Management with IFMR, Chennai
☞Advanced Management Program
D. Specialised Blended Certificate Courses E. Management Courses Educational support :
☞CAIIB linked MBAwith IGNOU.
☞Publishing specific courseware for each paper / examination and Workbooks etc. Classroom learning through Accredited Institutions, Video Classes, e-learning through Portal, Contact Classes or Campus Training - Model Questions and subject
Other activities :
☞updates on the net
☞Research, Seminars, Conferences, Lectures, etc.
☞Publications of books, Daily e-newsletter, monthly newsletter and quarterly journal Training & Consultancy and Financial Education
* Members are employees of Banks and Financial Institutions who have enrolled as members of IIBF.
** Non-Members are eligible candidates for each course / examination without IIBF Membership. The Rules & Syllabus and other information pertaining to the examinations are available with Institute's Offices at Mumbai, Chennai, New Delhi, Kolkata and also at such other centers / offices as may be notified from time to time.
The same is also available at our website www.iibf.org.in.
10 ADDRESSES FOR CONTACT Quality Printers (I) Ph. 24922297
BORAD OF COUNCIL
PRESIDENT
Shri K. R. Kamath, Chairman & Managing Director, Punjab National Bank
VICE PRESIDENTS
Shri M. V. Tanksale, Chairman & Managing Director, Central Bank of India
Shri Rana Kapoor, Managing Director & Chief Executive Officer, YES Bank
Representing Reserve Bank of India
Shri S. Karuppasamy, Executive Director Representing State Bank of India and its Associate Banks
Shri Pratip Chaudhuri, Chairman, State Bank of India
Shri B. V. Choubal, Deputy Managing Director & CDO, State Bank of India
Shri M. Bhagavantha Rao, Managing Director, State Bank of Hyderabad Representing Public Sector Banks
Shri Arun Kaul, Chairman & Managing Director, UCO Bank
Shri M. Narendra, Chairman & Managing Director, Indian Overseas Bank
Shri T. M. Bhasin, Chairman & Managing Director, Indian Bank Smt.
Vijayalakshmi Iyer, Chairperson & Managing Director, Bank of India
Smt. Shubhalakshi Panse, Chairperson & Managing Director, Allahabad Bank
Shri B. A. Prabhakar, Chairman & Managing Director, Andhra Bank
Representing Financial Institutions
Shri T. C. A. Ranganathan, Chairman & Managing Director, Export - Import Bank of India
Representing Private Sector Banks
Shri Ananthakrishna, Chairman & Managing Director, Karnataka Bank Ltd.
Representing Co-operative Banks
Shri S. K. Banerji, Managing Director, The Saraswat Co-op. Bank Ltd.
Representing other Bodies / Experts
Prof. Y. K. Bhushan, Senior Advisor, ICFAI Business School
Shri Allen C. A. Pereira, Director, National Institute of Bank Management (NIBM)
Dr. K. Ramakrishnan, Chief Executive, Indian Banks’Association (IBA)
Prof. H. Krishnamurthy, Cheif Research Scientist, Indian Institute of Science
Shri B. Sambamurthy, Director, Institute for Development and Research in Banking Technology
Shri A. S. Bhattacharya, Director, Institute of Banking Personnel & Selection
From IIBF -
Dr. R. Bhaska
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CONTACT : MR H. SINGH
+91-9897492289
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