IIBF - Indian Institute of Banking & Finance Exam Eligibility Syllabus Pattern Exam Dates IIBF Entrance Exam 2016 -Indian Institute of Banking and Finance acronym as IIBF is mainly giving special opportunities by offering courses in Finance and banking to the aspirants. The institute also give Distance Learning courses to the aspiring students and has its 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 IIBF exam two times in a year. The appearing students must have to get successful marks in all the exams within 1 year. IIBF Entrance Exam Eligibility For taking this Finance Exam, thecandidate should have a Bachelor’s degree or above in any discipline (Arts, Science, Engineering or Commerce etc) form a UGC recognised university. Students appearing for final year graduation will be eligible to enroll for the examination. However the Diploma in Banking & Finance Certificate will be issued only on successful completion of the graduation course and production of Graduation Certificate. IIBF Entrance Exam Syllabus The tentative syllabus for IIBF entrance exam covers Paper 1-Principles & Practices of Banking 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. 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 riskimpact 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 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 -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. 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 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/DMA in Bank Marketing Channel Management Selling function in a bank Portfolio and Wealth Management Tele marketing/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. IIBF Entrance Exam Pattern Each IIBF Question Paper will contain approximately 120 objective types multiple choice questions from the following given subjects, carrying 100 marks including questions based on case study. The Institute may, however, vary the number of questions to be asked for a subject. Questions in the Examination will be asked from the topics: Knowledge Testing. Conceptual Grasp. Analytical / Logical Exposition. Problem Solving. Case Analysis. Note:- Negative marking will be applied in case of wrong answers at half of inverse proportion to the number of choices given in the question. For example, 1 mark question with 4 choices will have 1/8 as negative mark, if answered wrongly. Important:- This 2 hours exam will be conducted only in the English language. How to apply for IIBF Entramce Exam 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 centres / 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 Exam Application form should reach the Institute’s Zonal office on or before the last date of receipt of examination form mentioned in the front side of the examination application form. IIBF Application form received after this date will be treated for next examination. IIBF Application forms found defective / incomplete will be rejected. IIBF Application form once submitted cannot be withdrawn and fees will not be refunded / adjusted. IIBF Entrance Exam Fee IIBF Examination Fees / Registration Fee is as follows: 1st attempt Rs.3200 2nd attempt Rs.800 “Examination fee Includes registration fee, CBS Learning and 1st attempt examination fee”. IIBF Entrance Exam Fee Mode of Payment Members may opt any of the following modes for submission of application and making payment of fees : Payment by cash in any of the AXIS Branch, using the payment challan, mentioning the membership number and examination for which applied. Payment by Demand Draft / Payorder in favour of Indian Institute Of Banking & Finance and made payable at Mumbai, Chennai, Kolkata or New Delhi (depending upon the zonal office to which the member belongs). Members are also requested to write the membership number & name on back side of the Demand Draft/ Payorder. For online submission of application form and payment through our Website : http://www.iibf.org.in, please follow the instructions therein for the purpose. Please visit http://www.iibf.org.in to know the details of members of IIBF. Candidates are advised to submit their application forms along with payment to the respective zonal office(address given below) to which they belong. 1. Northern Zonal Office: Indian Institute of Banking & Finance, 109-113, Vikrant Towers, 1st Floor, 4, Rajendra Place, New Delhi-110 008. Telephone : 011-25752191-92 Fax : 011-25752193 E-mail : iibnz@iibf.org.in 2. Eastern Zonal Office: Indian Institute of Banking & Finance, 408, "Anandlok", A' Block, 4th Floor, 227, Acharya J. C. Bose Road, Kolkata - 700 020. Tel. : 033-22809681/82/83 Fax : 033-22809680 E-mail : iibez@iibf.org.in 3. Western Zonal Office: Indian Institute of Banking & Finance, 191-F, Maker Towers, 19th Floor, Cuffe Parade, Mumbai - 400 005. Tel. : 022-22183302/22185134 Fax : 022-22180845. 4. Southern Zonal Office: Indian Institute of Banking & Finance, No. 94, Jawaharlal Nehru Road, (100 Feet Road) Opp. to Hotel Ambica Empire, Vadapalani, Chennai-600026. Tel : 044-24722990, 24727961 Fax : 044-24726966 E-mail : iibsz@iibf.org.in Candidates should appear for the examination only at the centre where they are working provided there is an examination centre at such place and if there is no examination centre they should appear at the nearest examination centre. The venue for the examination will be advised while issuing the examination admit card. Request for change in centre due to transfer or any other valid reason should reach the Institute 45 days before the commencement of the examination. Any request received thereafter will not be entertained. No change of centre request will be accepted for personal reasons. All the requests in case of change of centre due to transfer, training and deputation etc. should be accompanied by employer’s authentication. The Institute reserves a right to close any of the existing centre/s on account of less number of candidates appearing from that centre or any other reason which it may think fit. In such case, candidates will be advised to appear at the examination from the nearest available centre. IIBF Entrance Exam Dates The examination is conducted normally twice a year in May/June and November/ December on Sundays. IIBF Entrance Exam Result Dates The final result of the examination along with the marks secured is normally declared within Two months after conclusion of the examination. Time limit and Minimum Percentage to pass IIBF Entrance Exam Minimum marks for pass in every subject are 50 out of 100. However 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. 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 : Candidates will be required to pass the examination within a time limit of 1 year (i.e. 2 consecutive attempts). Initially a candidate will have to pay course fee which includes registration fee, CBS learning and first attempt examination fee. In case a candidate is not able to pass examination in the first attempt, candidate should necessarily submit the examination application form for the second attempt, without any gap on payment of requisite examination fee. If they do not submit the examination form immediately after exhausting the first attempt, the examination conducted will be counted as second attempt for the purpose of time limit for passing. Candidates not able to pass examination within the stipulated time period of one year 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. Attempts will be counted from the date of application irrespective of whether a candidate appears at any examination or otherwise. IIBF - Indian Institute of Banking & Finance Exam 2016 IIBF Entrance Exam Important Dates 2016 Date of Notification and Availability of Application Form Jan 2016 Last Date of Submission of Application Form Mar, 2016 Date of Exam May, 2016 IIBF - Indian Institute of Banking & Finance Exam 2015 was held on 10th to 24th May, 2015 Job Prospects