CAIIB BFM SYLLABUS PRIORITY | 2023
As the CAIIB Exam is considered to be one of the toughest examinations of IIBF, candidates preparing for the Certified Associate of Indian Institute of Bankers Exam must know the important & scoring topics of CAIIB’s papers for the upcoming CAIIB November & December Attempt. Having an understanding of the CAIIB Exam Priority from the entire prescribed CAIIB Syllabus 2023 for the BFM paper & other subjects i.e. ABM & Electives helps greatly in passing the CAIIB Exam.
CAIIB EXAM 2023:
CAIIB stands for Certified Associate of the Indian Institute of Bankers. It is a flagship course by IIBF conducted twice a year in June and December and can be applied only by the already existing members of the institute & who have qualified for the JAIIB exam. Only in-service employees of the banking sector are eligible to appear for CAIIB. Age is no bar for applicants. The upcoming exam dates for CAIIB are in November 2023 which will continue till December 2023, & can be checked out here.
The CAIIB exam consists of 2 compulsory papers and one elective paper from the available 6 options.
The compulsory subjects are –
- (ABM) Advanced Bank Management
- (BFM) Bank Financial Management
- (ABFM) Advanced Business & Financial Management
- (BRBL) Banking Regulations and Business Laws
Important Topic:- STUDY MATERIAL PDF NOTES
There are 05 elective papers available out of which candidates have to choose one subject:
- Rural Banking
- Human Resources Management
- Information Technology & Digital Banking
- Risk Management
- Central Banking
CAIIB BANK FINANCIAL MANAGEMENT
BFM is the second compulsory exam in CAIIB designed by IIBF & is usually considered the most difficult subject of CAIIB 2023. But with proper direction & knowing what to cover your chances of successfully passing it get very high. You have to prepare 4 modules of Bank Financial Management as prescribed by IIBF. These are as under:
- Module A: International Banking
- Module B: Risk Management
- Module C: Treasury Management
- Module D: Balance Sheet Management
The module-wise important topics are mentioned in the table below:
|IMPORTANT TOPICS OF CAIIB BFM
|Module A: International Banking
|Exchange Rates and Forex Business, Basics for Forex Derivatives, Documentary LC, and Facilities for Exporters & Importers
|Module B: Risk Management
|Volatility, value-added risk, Risk regulations in the banking industry, CRAR, Market risk
|Module C: Treasury Management
|Introduction, Types of treasury products, Treasury Risk Management, Treasury and Asset-Liability Management.
|Module D: Balance Sheet Management
|Components of ALM in Bank’s Balance Sheet, Capital and Banking Regulation, Capital Adequacy, Asset Classification and Provisioning Norms, and Interest rate Risk Management.
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|BFM Recollected Questions
|BFM Module-wise study notes
BFM SYLLABUS PRIORITY for upcoming JUNE CAIIB Exams
The priority in which you can prepare Bank Financial Management Modules is listed below-
- Module B: RISK MANAGEMENT
- Module A: INTERNATIONAL BANKING
- Module D: ASSET LIABILITY MANAGEMENT
- Module C: TREASURY MANANGEMENT
IMPORTANT TOPIC:- HOW TO APPLY FOR CAIIB EXAM 2023
CAIIB BFM MODULE B:
BFM is mainly based on the concept of Risk i.e. its identification, measurement, and mitigation or management or reduction. If you check out the components of all four modules, you will find that they all somehow revolve around RISK. Thus, your primary focus should be on Module B.
CAIIB BFM MODULE A:
Then, comes Module A: International Banking. This paper involves Foreign Exchange. The important topics include TT, Letter of Credit procedure, UCPDC- 600, Facilities available to exporters & related Case Studies, etc.
Important Topic:- CAIIB BFM SYLLABUS 2023 | BFM – BANK FINANCE MANAGEMENT
CAIIB BFM MODULE D:
The concepts of Asset Liability Management or Balance Sheet Management, Pillars of BASEL-III, Liquidity, and IRAC (Insecticide Resistance Action Committee) Norms for Asset classification are some of Module D‘s important topics. The most important is BESEL-III.
CAIIB BFM MODULE C:
You would need to cover the basic ideas of various Committees that are talked about in Module C along with the financial products, interest rate risk and money market instruments etc.
Although all the modules are equally important, you can clear the paper with three modules study (as per priority List: B, A & D) also. If you observe all the modules clearly, you will see that Module B and Module A are the most important and scoring modules.
THEORY or PRACTICAL?
And though CASE STUDIES has the most weightage that doesn’t mean you could ignore the theoretical concepts because they also form the major portion of the BFM Exam.
Therefore, you have to keep a balance between the both. Theoretical reading as well as case studies/numerical would contain 60-65% of theory & the rest of the portion would contain case studies.
Quick Revision: A Crucial Factor
An aspirant has to revise whatever he has studied otherwise he won’t retain any knowledge in the exam. To revise the syllabus refer to quick notes or brief notes that will assure you that you have covered that topic and help you boost your confidence. Quick revision is crucial for the retention of concepts, fundamentals, and knowledge. You should not sit in the exam without revisioning. Make sure to keep revising when only a week or even less time is left till the exam.
If you are preparing from the books, do remember that you go through the recent changes that occur in various rules & regulations! So, if you are preparing for the JUNE CAIIB 2023, you will have to keep yourself updated with any changes that occur up to the period of 31st December 2023.
Important Topic:- CAIIB BFM MOCK TEST
LATEST CAIIB – BFM EXAM PATTERN FOR JUNE 2023:
The pattern for Bank Financial Management of CAIIB 2023 is given below:
|No. of Questions
|Duration of BFM Paper
|BFM Exam Mode
|Yes. 1/4th of the marks allotted to the MCQ will be deducted from the aggregate.
|Medium of BFM
|Hindi or English
|Pattern of Questions
BFM 2 Hours Mega Class (Case Study)
Check out our other Mega Classes that are known to instil last-minute confidence in the candidates. Many of our YouTube Subscribers have mentioned that they had cleared their CAIIB BFM Exam by watching the Learning Sessions mega classes only.
So surely, you can understand how many important questions from the Bank Financial Management Syllabus would be covered in these Mega & Maha Mega classes of the 2nd paper: BFM Exams.
LATEST BFM STUDY MATERIAL 2023
We at learning sessions provide the Best Study Material for CAIIB subjects, of which includes 25+ hours of videos for BFM covering all the topics with the latest details from the prescribed Syllabus of CAIIB by IIBF (you won’t have to look for the changes that occur in Rules & Regulations specifically).
And also the case study and numerical with complete solutions have been covered wherever required. That is not it, along with these videos you get 1500+ questions including previous year’s chapter-wise questions and mock tests.
So now you know the priority of modules for BFM and also know where to prepare from.
This CAIIB Study Material is prepared by Mr Ashish Jain who is an ex-banker with 7 years of experience in the Credit department. He has delivered 900+ hours of online classes and rendered services to 1,25,000+ candidates so far and that makes him the most suitable to help you clear your CAIIB BFM paper as well as other papers of CAIIB.
So what are you waiting for? Join us today and Clear the CAIIB BFM exams in 1 Attempt.
Best Luck with your CAIIB exam!