The JAIIB June Exam is quickly approaching its conclusion, and the Indian Institute of Banking and Finance (IIBF) has now announced the dates for the next cycle. The dates listed below relate to the next cycle of the JAIIB exam. The IIBF is a distance learning school that provides a variety of financial and banking education programs to workers who are already employed and wish to advance. IIBF is committed to helping applicants advance their knowledge and skill set in the banking sector by providing various courses that cover multiple aspects of banking, including accounting and finance, legal and regulatory aspects, information technology management, and general banking and financial services.
What is JAIIB?
The JAIIB exam is the first step towards a career in banking, and IIBF provides necessary guidance and support to the students by providing learning resources such as tutorials, reference books, practice questions, and mock tests. IIBF’s JAIIB exam consists of three modules: Principles and Practices of Banking; Legal and Regulatory Aspects of Banking; and Accounting and Finance for Bankers. These modules cover various topics related to banking and finance, from basic knowledge of banking principles to more advanced topics such as regulations, accounting, taxation, and risk management. Registration for the JAIIB exam begins two months before the exam date and ends one month before the exam date. Students preparing for the JAIIB exam can make use of the variety of learning resources provided by the IIBF to gain a comprehensive understanding of all three modules. With a range of support services to help its students pass the JAIIB exam, IIBF offers a comprehensive program for those who are serious about achieving success in their banking careers.
JAIIB Examination Overview
The IIBF’s JAIIB exam is an important milestone for those who wish to make a career in banking, and the institute provides ample support to its students. From learning material, sample papers, and practice questions to tutorials and seminars, the IIBF provides a wide range of resources to help students gain the knowledge and skills they need to be successful in the JAIIB exam. From assistance with exam registration to comprehensive study material and practice tests, IIBF has everything a student needs to succeed in the JAIIB exam. With the help of IIBF, aspiring banking professionals can be sure that they are getting the best preparation available. As the banking industry in India continues to expand, more and more people are looking to take advantage of the opportunities that come with a career in banking.
The IIBF, with its JAIIB exam, has made it easier for aspiring banking professionals to reach their goals. By providing all the necessary resources for JAIIB preparation, IIBF has made it possible for even more people to achieve their dreams of a successful career in banking. With a great deal of collaboration, the IIBF conducts several exams around the country and around the world to provide bank employees with opportunities to advance their careers. Not only does IIBF provide the necessary resources for JAIIB preparation, but it also offers banking professionals other opportunities to advance in their careers. Through the IIBF’s mentoring program, banking professionals can benefit from the knowledge and expertise of highly qualified banking professionals, who guide a variety of topics such as financial analysis, credit management, risk management, and more.
These opportunities have allowed banking professionals to gain the necessary experience and expertise that would otherwise not be available to them, helping them gain a competitive edge in the ever-evolving banking industry. Furthermore, IIBF has invested heavily in providing banking professionals with educational resources such as e-learning modules, training workshops, and industry seminars. All of these resources and opportunities have enabled banking professionals to further their education, stay up-to-date with the latest developments in the banking industry, and become more knowledgeable in areas that would otherwise be difficult to access. By participating in these opportunities, banking professionals have been able to gain invaluable experience, increase their knowledge and expertise, and stay ahead of the competition.
JAIIB Exam Highlights
|Name of the examination||Junior Associate of Indian Institute of Bankers (JAIIB)|
|Level of exam||National|
|Mode of application||Online|
The JAIIB Exam is a great opportunity for students to show their skills in the banking and finance industry, as it allows them to demonstrate their knowledge of the latest trends in this field. JAIIB, or Junior Associate of the Indian Institute of Bankers, is a flagship course for banking and financial sector employees. JAIIB has been designed to equip participants with the relevant skills and knowledge needed to make informed decisions in their day-to-day banking activities. The course is designed to equip students with the necessary knowledge and skills to understand the basic concepts of banking and finance as well as apply these concepts in practical settings.
The IIBF has a revised JAIIB syllabus, which is available on its official website. The course focuses on topics such as banking technology, risk management, compliance and regulation, customer service, and ethics. The JAIIB Revised Syllabus 2023 will be formulated in 2023. The JAIIB Revised Syllabus 2023 will include all the key areas of banking and finance that students need to master. The JAIIB Revised Syllabus 2023 will be updated to include the latest developments in the banking and finance sectors, and it is expected to feature new subjects such as data analytics, digital banking, financial markets and products, risk management, and cybersecurity.
As such, the JAIIB Revised Syllabus 2023 is expected to provide students with comprehensive knowledge of banking and finance in order to help them succeed in the modern economy. During the exam period of May to June 2023, the JAIIB Revised Syllabus 2023 will be applied. By taking the JAIIB Exam, students will be able to demonstrate their understanding of the fundamentals of banking and finance and gain a deeper knowledge of the latest trends in this field. Candidates aspiring to qualify for the JAIIB Exam starting in 2023 should be updated with the changes. Candidates should make sure that they are well-versed in the syllabus for the JAIIB Exam before taking the exam.
Also check: MPSC Recruitment 2022, Exam Pattern & Syllabus
JAIIB Exam Syllabus
|Paper 1||Indian Economy &Indian financial system||Indian EconomicArchitectureEconomic Concepts Related to banking Indian FinancialArchitectureFinancial Products and Services|
|Paper 2||Principles & Practices of banking||GeneralBanking OperationsLending Operations of BanksBanking TechnologyEthics in Banks and Financial Institutions|
|Paper 3||Accounting & Financial Management for bankers||Accounting Principles and ProcessesFinancial Statements and Core Banking SystemsFinancial ManagementTaxation and Fundamentals of Costing|
|Paper 4||Retail Banking & Wealth Management||Introduction to Retail BankingRetails Products and RecoverySupport Services – Marketing of Banking Services / ProductsWealth Management|
JAIIB Eligibility Criteria
Candidates must meet the following requirements to be eligible to sit for the Junior Associate of the Indian Institute of Bankers examination: All applicants who wish to sit for the JAIIB exam must meet certain criteria
- The applicant has to be employed in the banking and finance industry.
- The applicant must also be 18 years of age or older and have completed their higher secondary education (class 12) or its equivalent from a recognized board. Additionally, they must have attained a minimum score of 50% in their higher secondary education (class 12) or equivalent to be eligible for the exam.
- If they have completed Class 12, junior staff employees of IIBF-affiliated banking and financial institutions are eligible to sit for the JAIIB test.
- On the suggestion of the manager or officer in charge of the bank where they are employed, applicants who have not passed the 12th class or equivalent examination may sit for the JAIIB test for the clerical or supervisory staff cadre. Therefore, the JAIIB test provides an opportunity for employees of IIBF-affiliated banks and financial institutions to gain knowledge and skills that can enable them to move up the ranks in their profession.
JAIIB 2023 Exam Pattern
|Number of questions||400 questions|
|Type of questions||Objective-type multiple-choice questions|
|Number of papers||4|
|Duration of exam||8 hours|
|Maximum Marks||400 marks|
|Negative Marking||1/4th mark will be deducted for every wrong answer|
Below are the specifics of the JAIIB Exam Pattern:
|Indian Economy & Indian Financial System||100 questions|
2 hours duration
|Principles & Practices of Banking||100 questions|
2 hours duration
|Accounting and Finance for Bankers||100 questions|
2 hours duration
|Retail Banking & Wealth Management||100 questions|
2 hours duration
Important Dates for JAIIB Exam 2023
The JAIIB test is conducted by IIBF twice a year in the months of May and November.
|Events||For May cycle||For November Cycle|
|Starting of online registration||February 3rd week of 2023||1st week of September 2023|
|Last date to register online||February ending day, 2023||2nd week of September 2023|
|Availability of admit card||May 1st week of 2023||2nd week of November 2023|
|Date of Examination||May 2nd week of 2023||3rd week of November 2023|
|Result||1st week of June 2023||1st week of December 2023|
Application Fee: JAIIB
|Normal JAIIB Application Fee||Rs. 2970/- (including GST)|
|JAIIB Application Fee after 1st last date||Rs. 2970/- + Rs. 100/-|
|JAIIB Application Fee after 2nd last date||Rs. 2970/- + Rs. 200/-|
|1st Attempt||Rs. 2700/-|
|2nd Attempt||Rs. 1300/-|
|3rd Attempt||Rs. 1300/-|
|4th Attempt||Rs. 1300/-|
- The admit card will be released on the official website of IIBF, http://www.iibf.org.in/.
- The date, time, and venue of the examination will be mentioned on the admit card.
- It is necessary for all candidates to carry their admit cards to the examination center along with their ID proof.
JAIIB 2023 Exam Date: FAQs
Q1. How many papers are there in the JAIIB Examination 2023?
There are 4 papers in the exam i.e. Indian Economy & Indian Financial System Principles and Practices of Banking, Accounting and Finance for Bankers, and Legal and Regulatory Aspects of Banking.
Q2. Will JAIIB have any negative marking?
JAIIB will start using negative markings in 2023. For each incorrect response, one-fourth of a mark will be subtracted.
Q3. What is the minimum mark I need to score in order to clear the JAIIB 2023 exam?
Candidates need to score at least 100 marks in each subject to clear the JAIIB exam.
Q4. What are the four compulsory papers of the JAIIB Exam?
The four compulsory papers of the JAIIB Exam are
- Indian Economy and Indian Financial System
- Principles and Practices of banking
- Accounting and Finance for Bankers
- Retail Banking and Wealth Management
Q5. How many attempts can a candidate take for the JAIIB exam?
The candidate can attempt four consecutive attempts for the JAIIB examination.
Q6. What are passing marks in JAIIB?
Candidates who receive 45 points in each subject and a total of 50 percent in all topics are considered to have successfully passed the examination.