JAIIB, DB&F – INTRODUCTION OF REVISED SYLLABUS
Indian Institute of Banking and Finance has revised the syllabus of its flagship courses i.e JAIIB & DB&F. IIBF announced the revision of the syllabus of its Exams of Junior Associate of Indian Institute of Bankers & Diploma in Banking & Finance through the notification issued on 09.11.2021. IIBF posted the notification on its official website.
You can check the revised syllabus from the following given details:-
As the Banking and Finance sector saw waves of changes in the last decade with the technological advances, use of alternate banking channels, increased regulatory prescriptions, and increased competition, we saw the resulting paradigm shift in the whole banking industry.
Important Topic:- JAIIB EXAM DATE 2022
Seeing the need to update the banker in this regard, so as to discharge the current as well as relevant information, a need was felt to shift the focus of course from basic knowledge gathering to developing and enhancing concept-based skills. To keep up with the developments and to ensure greater value addition to the IIBF flagship courses, the syllabus of JAIIB/DB&F has been restructured to make it more conceptual and contemporary.
THE REVISION OR CHANGE IN JAIIB/DB&F:
|OLD SYLLABUS||NEW/REVISED SYLLABUS|
|1. Principles and Practices of Banking||1. Principles & Practices of Banking|
|2. Accounting and Finance for Bankers||2. Accounting & Financial Management for Bankers|
|3. Legal and Regulatory Aspects of Banking||3. Indian Economy & Indian Financial System|
|4. Retail Banking & Wealth Management|
IMPLEMENTATION OF REVISED JAIIB or DB&F SYLLABUS
The JAIIB or DB&F syllabus that is introduced under the revised scheme is for the examinations that are tentatively proposed to be held from November 2022 onwards or latest from May 2023 onwards, in any case.
The last exams under JAIIB or DB&F as per the old syllabus (i.e present syllabus) will be held up to November 2022 after which, the exams under the old syllabus will be discontinued.
JAIIB or DB&F exams from May 2023 onwards will be held as per the revised syllabus only.
- I am preparing for May 2022 JAIIB/DB&F Exams. Do I have to prepare for the exams under the revised syllabus?
No, JAIIB/DB&F Exams for May 2022 will be conducted under the old syllabus.
- I am preparing for November 2022 JAIIB/DB&F Exams. Do I have to prepare for the exams under the revised syllabus?
IIBF hasn’t confirmed this yet as it has only informed us that the new syllabus of JAIIB could be applicable from November 2022 or May 2023 onwards. So, we will have to wait for IIBF’s clarification on this.
- I plan to prepare for May 2023 JAIIB/DB&F Exams. Do I have to prepare for the exams under the revised syllabus?
You can expect the JAIIB or DB&F Exams that are to be conducted in May 2023 will be as per the Revised Syllabus.