JAIIB Exam 2024: Syllabus, Pattern & Eligibility

Paper Number

Paper Title

Paper 1

Indian Economy and Indian Financial System (IE & IFS)

Paper 2

Principles and Practices of Banking (PPB)

Paper 3

Accounting and Financial Management for Bankers (AFM)

Paper 4

Retail Banking and Wealth Management (RBWM)

Module

Points

Module A

• Economic Planning in India & NITI Aayog

• Role of Priority Sector and MSME in the Indian Economy

• Indian Economic Architecture

• An Overview of the Indian Economy

• Sectors of the Indian Economy

• Infrastructure including Social Infrastructure

• Globalization- Impact on India

• Economic Reforms

• Foreign Trade Policy

• Foreign Investments and Economic Development

• International Economic Organizations (World Bank, IMF, etc.)

• Climate Change

• Sustainable Development Goals (SDGs)

• Issues Facing the Indian Economy

Module B

• Money Supply and Inflation

• Theories of Interest

• Economic Concepts Related to Banking

• Economic Concepts Related to Banking

• Fundamentals of Economics

• Microeconomics and Macroeconomics

• Types of Economies

• Supply and Demand

• Business Cycles

• Monetary Policy and Fiscal Policy

• System of National Accounts and GDP Concepts

• Union Budget

Module C

• Development Financial Institutions

• Micro Finance Institutions

• Indian Financial Architecture

• Indian Financial System – An Overview

• Indian Banking Structure

• Banking Laws – Reserve Bank of India Act, 1934 & Banking Regulation Act, 1949

• Non-Banking Financial Companies (NBFCs)

• Insurance Companies

• Indian Financial System – Regulators and Their Roles

• Reforms & Developments in the Banking Sector

Module D

• Mutual Funds

• Insurance Products

• Pension Products

• Financial Products and Services

• Financial Markets

• Money Markets

• Capital Markets and Stock Exchanges

• Fixed Income Markets – Debt and Bond Markets

• Foreign Exchange Markets

• Interconnectedness of Markets and Market Dynamics

• Merchant Banking Services

• Derivatives Market

• Factoring, Forfaiting, and Trade Receivables Discounting System (TReDS)

• Venture Capital

• Lease Finance and Hire Purchase

• Credit Rating and Credit Scoring

• Para Banking and Financial Services Provided by Banks

• Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs)

Module

Points

Module A

• Foreign Exchange Remittance Facilities for Individuals

• Operational Aspects of NRI Business

• Foreign Currency Accounts for Residents and Other Aspects

• General Banking Operations

• Banker-Customer Relationship

• AML-KYC Guidelines

• Operational Aspects of KYC

• Opening Accounts of Various Types of Customers

• Operational Aspects of Deposit Accounts

• Operational Aspects of Handling Clearing/Collection/Cash

• Banker’s Special Relationship

• Cash Management Services and its Importance

• Payment and Collection of Cheques and Other Negotiable Instruments

• Responsibility of Paying Bank

• Responsibility for Collecting Bank

• Ancillary Services

• Financial Inclusion & Financial Literacy

• Customer Service Guidelines

• Duties & Rights of a Banker and Customer Rights

• Grievance Redressal & RBI Integrated Ombudsman Scheme 2021

• The Consumer Protection Act, 2019: Preamble, Extent, and Definitions

• The Right to Information Act, 2005

Module B

• Non-Performing Assets/ Stressed Assets

• Important Laws Relating to Recovery of Dues

• Contracts of Indemnity, Contracts of Guarantee & Bank Guarantee

• Letters of Credit

• Deferred Payment Guarantee

• Laws Relating to Bill Finance

• Personal Finance

• Functions of Banks

• Principles of Lending

• Different Types of Borrowers and Types of Credit Facilities

• Appraisal and Assessment of Credit Facilities

• Operational Aspects of Loan Accounts

• Types of Collaterals and Their Characteristics

• Different Modes of Charging Securities

• Documentation

• Priority Sector Advances

• Agricultural Finance

• Finance to MFIs/Co-Lending Arrangements with NBFCs

• Micro, Small, and Medium Enterprises in India

• Government Sponsored Schemes

• Self-Help Groups

Module C

• Essentials of Bank Computerisation

• Operational Aspects of the CBS Environment

• Alternate Delivery Channels – Digital Banking

• Data Communication Network and EFT Systems

• Digital Payment Systems – NPCI

• Impact of Technology Adoption and Trends in Banking Technology

• Banking Technology

• Security Considerations and Mitigation Measures in Banks

• Operational Aspects of Cyber Crimes/Fraud Risk Management in Cyber Tech

• Technology Trends in Banking

• e-RUPI

• Fintech – RegTech, SupTech, Hashtag Banking

Module D

• Ethics in Banks and Financial Institutions

• Ethics, Business Ethics & Banking: An Integrated Perspective

• Ethics at the Individual Level

• Ethical Dimensions: Employees, Work Ethics, and the Workplace

• Banking Ethics: Changing Dynamics

Module

Points

Module A

• Accounting Principles and Processes

• Definition, Scope & Accounting Standards including Ind AS

• Basic Accountancy Procedures

• Maintenance of Cash/Subsidiary Books and Ledger

• Bank Reconciliation Statement

• Trial Balance

• Rectification of Errors and Adjusting & Closing Entries

• Depreciation and its Accounting

• Capital and Revenue Expenditure

• Bills of Exchange

• Operational Aspects of Accounting Entries

• Back Office Functions/Handling Unreconciled Entries in Banks

• Bank Audit & Inspection

Module B

• Financial Statements and Core Banking Systems

• Balance Sheet Equation

• Preparation of Final Accounts

• Company Accounts-I

• Company Accounts-II

• Cash Flow and Funds Flow

• Final Accounts of Banking Companies

• Core Banking Systems and Accounting in a Computerised Environment

Module C

• Financial Management

• Financial Management – An Overview

• Ratio Analysis

• Financial Mathematics Calculation of Interest and Annuities

• Financial Mathematics Calculation of YTM

• Financial Mathematics – Forex Arithmetic

• Capital Structure and Cost of Capital

• Capital Investment Decisions/Term Loans

• Equipment Leasing/Lease Financing

• Working Capital Management

• Derivatives

Module D

• Taxation and Fundamentals of Costing

• Taxation: Income Tax/TDS/Deferred Tax

• Goods & Services Tax

• An Overview of Cost & Management Accounting

• Costing Methods

• Standard Costing

• Marginal Costing

• Budgets and Budgetary Control

• Bibliography

Module

Points

Module A

• Introduction to Retail Banking

• Banking: Introduction

• Retail Banking: Role within the Bank Operations

• Applicability of Retail Banking Concepts

• The distinction between Retail and Corporate/Wholesale Banking

• Branch Profitability

Module B

• Retail Products and Recovery

• Customer Requirements

• Product Development Process

• Credit Scoring

• Important Retail Liability Products

• Important Retail Asset Products

• Credit and Debit Cards

• Remittance Products

• Digitization of Retail Banking Products

• Role of AI and Technology in Retail Banking

• Recovery of Retail Loans

• Management Information Systems

• Securitization

Module C

• Support Services- Marketing of Banking Services/Products

• Marketing: An Introduction

• Delivery Channels in Retail Banking

• Delivery Models

• Customer Relationship Management in Retail Banking

• Service Standards for Retail Banking

• Marketing Information Systems – A Longitudinal Analysis

Module D

• Wealth Management

• Importance of Wealth Management

• Investment Management

• Tax Planning

• Other Financial Services Provided by Banks

JAIIB Exam Pattern 2024

Papers

No. of Questions

Total Marks

Duration

Indian Economy and Indian Financial System

100

100

2 Hours

Principles and Practices of Banking

100

100

2 Hours

Accounting and Financial Management for Bankers

100

100

2 Hours

Retail Banking and Wealth Management

100

100

2 Hours

Category

Details

Age Limit

• No specific age limit

• Prior working experience in the banking or finance sector required

• Four consecutive attempts within 2 years to pass the exam.

• After 2 years, if not passed, must start over with no credit for passed subjects.

• The 2-year time limit starts from the date of the first application.

• Prepare well to pass within the given time frame.

Educational Qualification

• Not eligible for common candidates.

• Only for current employees in the banking and finance industry.

• Candidates' employers must be members of the Institute.

• Must have passed the 10+2 exam in any discipline or equivalent.

• Candidates without 12th pass may be allowed with a recommendation from the Manager or officer-in-charge of the bank.

• Subordinate staff are eligible if they are members of the Institute and have passed the 12th standard examination or its equivalent.