IIBF Certification Courses

IIBF Certification

The banking industry has immensely evolved with the advent of new technologies especially digital accounts, online payments, blockchain technology, etc. Banks play an imperative role in the functioning of an economy and with the financial sector growing multifold, there are plentiful opportunities for those interested in making a career in Banking and Finance. The Indian Institute of Banking and Finance (IIBF) offers a wide range of flagship courses, diplomas, certificates as well as blended courses for students and working professionals aspiring to specialise in a specific field of Banking and Finance. This blog elaborates upon IIBF certification courses, their eligibility requirements as well as career scope.

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What is IIBF?

Established in 1928 and formerly known as the Indian Institute of Bankers (IIB), the Indian Institute of Banking & Finance (IIBF) is a professional body of financial institutions, banks, and their representatives in India. With an association pf above [775] banks and financial institutions, IIBF is a ‘Distance Learning’ Institute and has an extensive range of educational programmes in the field of Banking and Finance. Some of the popular diploma and certification courses by IIBF include CAIIB, JAIIB, Diploma in Banking and Finance and various other certificates in about 20 operative fields. IIBF has also co-operated with various national and international prestigious institutes working in finance and banking education such as,

  • Financial Planning Standard Board of India 
  • Banking Codes & Standards Board of India (BCSBI)
  • Zambia Institute of Banking & Financial Services
  • The Chartered Institute of Bankers (AAIOB) Alliance of African Institute of Bankers
  • Indira Gandhi National Open University (IGNOU)
  • National Banking Training Institute, Nepal

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IIBF Certification Courses

IIBF certification courses are designed to provide training in banking and finance to students as well as working professionals. Most of the courses are affiliated with the Ministry of Commerce, International Chamber of Commerce through (UCPDC), and Reserve Bank of India. IIBF conducts exams for these certification courses qualifying which the individuals are granted the prospective certificate. Take a look at the following list of IIBF Certification courses:

Business Correspondents / Facilitators – [for Payments Banks – Module A and Module B]Certificate Course in Ethics in BankingCertificate Examination For Small Finance Banks
Certificate Course in
Digital Banking
Introduction to Banking(for sub-ordinate staff of banks)
[English and Hindi as the medium of instruction)
Certificate Course for Non Banking Financial Companies
Certificate Examination In MicrofinanceCertificate Examination In Foreign Exchange Facilities For IndividualsCard Operations (for Employees of I.T. and BPO Companies)
Certificate Examination in Rural Banking OperationsFunctions of Banks (for Employees of I.T. and BPO Companies)Certificate Examination In IT Security
Business Correspondents / FacilitatorsCertificate Course In Foreign
Exchange
Basics of Banking (for Employees of I.T. and BPO Companies)
Certificate In International Trade FinanceCertificate Examination In Prevention Of Cyber Crimes And Fraud ManagementCertificate Examination In Information System Banker
Certificate Examination in AML/KYCCustomer Service & Banking
codes and standards
Certificate Examination For DRA Telecallers

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Let’s explore some of these IIBF Certification courses in further detail.

MSME for Bankers

Incorporating an in-depth study of Finance pertaining to Micro, Small and Medium Enterprise, this IIBF certification course covers a wide range of topics like setting up MSME, their policy framework, institutional framework and financing, financing modes and alternatives, MSME development, rehabilitation, to name a few. 

Course Highlights

Eligibility CriteriaThe candidate must have completed 10+2
in any discipline or BC/BF exam by IIBF.
Number of Questions120 Objective type, MCQs
Minimum Marks
required for Passing Criteria
50/100
Key SubjectSmall and Medium Enterprises in India

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Certificate in International Trade Finance

Amongst the conventional forms of bank finance in the country, Trade Finance has tremendously evolved with globalization as well as liberalization. This IIBF certification course explores the nuisances of International Trade Finance and encompasses topics like Foreign Trade Policy, Customs Procedures, WTO, Terms of Trade, Theories of International Trade, etc.

Course Highlights

Eligibility Criteria10+2 in any discipline or its equivalent
Number of Questions120 Objective type, MCQs
Minimum Marks
required for Passing Criteria
60/100
Key SubjectInternational Trade and Finance 

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Certificate Examination in Information System Banker

Information Technology has transformed the traditional methods of Banking and has brought new user-friendly technologies. To train competent Banking professionals equipped with the knowledge of new banking technologies, IIBF offers this certification course which encompasses the study of technology in the context of banking, security policies, procedures, controls, to name a few.

Course Highlights

Eligibility Criteria10+2 in any discipline or its equivalent
Number of Questions100 Objective type, MCQs
Minimum Marks
required for Passing Criteria
50/100
Key SubjectInformation System for Banks

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Certificate Course in Foreign Exchange

The goal of the course is to make the bank officials familiar with Foreign Exchange operations. This exam is being offered to only those candidates who receive the recommendation of a committee of RBI.

Course Highlights

Eligibility CriteriaOpen for employees working with Authorised Dealer (AD) Member Banks of FEDAI.
Number of Questions100 Objective type, MCQs
Minimum Marks required for Passing Criteria50/100
Key SubjectForeign Exchange Operations

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Certificate Examination in Prevention Of Cyber Crimes And Fraud Management

This IIBF certification course acquaints students with various forms of cyber thefts and data breach as well as methods pertaining to the security and protection of user information as well as digital financial transactions. 

Course Highlights

Eligibility Criteria10+2 in any discipline or its equivalent
Number of Questions120 Objective type, MCQs
Minimum Marks required
for Passing Criteria
50/100
Key SubjectCyber Crimes and Fraud Management

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Customer Service & Banking Codes and Standards

To familiarize students with the importance of customer service in the banking sector, this IIB certification course comprises the study of how Indian banks have worked towards improving customer service as well as Banking codes and Standards Board of India that aims to address problems of bank customers. 

Course Highlights

Eligibility Criteria10+2 in any discipline or its equivalent or those who have qualified the BS/BF exam by IIBF
Number of Questions120 Objective type, MCQs
Minimum Marks required for Passing Criteria50/100
Key SubjectModule A: Banker-customer relationship, types of customers,
importance of customer service, etc.
Module B: Phone Banking, Internet Banking,
Electronic Payments, etc.
Module C: How Indian banks have strived to
improve customer service, customer service
committees, use of IT for improving customer service, etc.
Module D: Banking Codes
& Standards Board of India,
Code of Bank’s commitment to MSME
and customers, etc.

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Career Scope 

After gaining IIBF certification, you can explore several opportunities in the Banking and Finance sector. Here are some of the major career prospects available for those with an IIBF-affiliated qualification:

  • Broker
  • Budget Analyst
  • Financial Analyst
  • Financial Manager
  • Investment Banker
  • Auditor
  • Loan Officer

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Hopefully, this blog helped you gain all the necessary information related to the IIBF certification courses. Planning to pursue your career in Finance and Banking? Sign up for an e-meeting with our Leverage Edu experts and we will assist you in selecting the right course and university that can equip you with the required knowledge and skill set to establish a rewarding career in this field!

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