JAIIB Revised Syllabus 2023, Check New Subjects & Changes in JAIIB Syllabus

JAIIB Syllabus 2023

The JAIIB syllabus 2023 is fundamental for understanding the course. The Indian Institute of Banking and Finance has updated this syllabus, which will be in effect starting from May 2023. The JAIIB syllabus gives a clear picture of the subjects that need to be studied for the exam. Those preparing for the exam need to familiarize themselves with the parts of all four papers. This post will give a detailed explanation of the updated JAIIB syllabus 2023.

JAIIB Syllabus 2023 Revised

The updated JAIIB syllabus for 2023 is intended for individuals preparing for the JAIIB exam from 2023 onward. Those aiming to succeed in the JAIIB primary course should be aware of the latest syllabus. After becoming familiar with the JAIIB syllabus 2023, candidates should devise a study plan for their preparation.

JAIIB Exam Dates 2023 Out

JAIIB Syllabus Overview

The JAIIB Syllabus 2023 is key for candidates aiming to excel in the JAIIB exam. Divided into four papers, it covers areas like banking technology, customer relations, and financial management. Upon understanding the syllabus, candidates should create a study plan, allocating time for each subject. Additionally, they should familiarize themselves with the exam pattern and practice with past papers, as this can help gauge readiness for the exam. Overall, mastering the JAIIB Syllabus 2023, coupled with a strategic study plan and regular practice, is crucial for success.

Downlaod JAIIB Syllabus 2023 PDF

If you're preparing for the JAIIB Exam, it's crucial to be up-to-date with the latest syllabus. Below, we've included a direct link for you to download the JAIIB Syllabus 2023 as a PDF. By studying according to this syllabus, you can make sure you cover all necessary topics and leave nothing out.

Downlaod JAIIB Syllabus 2023 PDF

JAIIB Syllbus Revised 

The primary objective to revise JAIIB course is to realign the syllabus in tune with the recent changes in the financial world mainly in banking sector, align with the industry requirements and to enable the bankers to acquire a holistic and deep knowledge about the myriad challenges being faced by the banking and finance industry.

There are four papers in JAIIB exam and each is compulsory to pass in order to get JAIIB certification. The four are papers namely:

1. Paper 1: Indian Economy and Indian Financial System (IE & IFS)
2. Paper 2: Principles and Practices of Banking (PPB)
3. Paper 3: Accounting and Financial Management for Bankers (AFM)
4. Paper 4: Retail Banking and Wealth Management (RBWM)

JAIIB Syllabus Revised 2023

JAIIB Syllabus Paper 1: India Economy and Indian Financial System(IEIFS)

JAIIB Syllabus Module A: Indian Economic Architecture

An Overview of Indian Economy, Sectors of the Indian Economy, Economic Planning in India & NITI Aayog, Role of Priority Sector and MSME in the Indian Economy, Infrastructure including Social Infrastructure, Globalisation- Impact on India, Economic Reforms, Foreign Trade Policy, Foreign Investments and Economic Development, International Economic Organizations (World Bank, IMF, etc.), Climate change, Sustainable Development Goals (SDGs), Issues Facing Indian Economy.

JAIIB Syllabus Module B: Economic Concepts Related to Banking

Fundamentals of Economics, Microeconomics, and Macroeconomics and Types of Economies, Supply and Demand, Money Supply and Inflation, Theories of Interest, Business Cycles, Monetary Policy and Fiscal Policy, System of National Accounts and GDP Concepts, Union Budget.

JAIIB Syllabus Module C: Indian Financial Architecture

Indian Financial System-An Overview, Indian Banking Structure, Banking Laws – Reserve Bank of India Act, 1934 & Banking Regulation Act, 1949, Development Financial Institutions, Micro Finance Institutions, Non-Banking Financial Companies (NBFCs), Insurance Companies, Indian Financial System- Regulators and Their Roles, Reforms & Developments in the Banking Sector

JAIIB Syllabus Module D: Financial Products and Services

Financial Markets, Money Markets, Capital Markets and Stock Exchanges, Fixed Income Markets – Debt and Bond Markets, Foreign Exchange Markets, Interconnectedness of Markets and Market Dynamics, Merchant Banking Services, Derivatives Market, Factoring, Forfaiting and Trade Receivables Discounting System (TReDS), Venture Capital, Lease Finance and Hire Purchase, Credit Rating and Credit Scoring, Mutual Funds, Insurance Products, Pension Products, Para Banking and Financial Services Provided by Banks, Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs)

JAIIB Syllabus Paper 2: Principles and Practices of Banking (PPB)

JAIIB Syllabus Module A: General Banking Operations

Banker-Customer Relationship, AML- KYC Guidelines, Operational Aspects of KYC, Opening Accounts of Various Types of Customers, Operational Aspects of Deposit Accounts, Operational Aspects of Handling Clearing/Collection/Cash, Banker’s Special Relationship, Foreign Exchange Remittance Facilities for Individuals, Operational Aspects of NRI Business, Foreign Currency Accounts for Residents and Other Aspects, Cash Management Services and its Importance, Payment and Collection of Cheques and Other Negotiable Instruments, Responsibility of Paying Bank, Responsibility of Collecting Bank, Ancillary Services, Financial Inclusion & Financial Literacy, Customer Service Guidelines, Duties & Rights of a Banker and Customer Rights, Grievance Redressal & RBI Integrated Ombudsman Scheme 2021, The Consumer Protection Act, 2019: Preamble, Extent and Definitions, The Right to Information Act, 2005.

JAIIB Syllabus Module B: Functions of Banks

Principles of Lending, Different Types of Borrowers, and Types of Credit Facilities, Appraisal and Assessment of Credit Facilities, Operational Aspects of Loan Accounts, Types of Collaterals and their Characteristics, Different Modes of Charging Securities, Documentation, Non-Performing Assets/ Stressed Assets, Important Laws Relating to Recovery of Dues, Contracts of Indemnity, Contracts of Guarantee & Bank Guarantee, Letters of Credit, Deferred Payment Guarantee, Laws Relating to Bill Finance, Personal Finance, Priority Sector Advances, Agricultural Finance, Finance to MFIs/Co-Lending Arrangements with NBFCs, Micro, Small and Medium Enterprises in India, Government Sponsored Schemes, Self-Help Groups.

JAIIB Syllabus Module C: Banking Technology

Essentials of Bank Computerisation, Operational Aspects of CBS Environment, Alternate Delivery Channels Digital Banking, Data Communication Network and EFT Systems, Digital Payment Systems-NPCI, Impact of Technology Adoption and Trends in Banking Technology, Security Considerations and Mitigation Measures in Banks, Operational Aspects of Cyber Crimes/Fraud Risk Management in Cyber Tech, Technology Trends in Banking, e-RUPI, Fintech – RegTech, Sup Tech, Hashtag Banking etc.

JAIIB Syllabus Module D: Ethics in Banks and Financial Institutions

Ethics, Business Ethics & Banking: An Integrated Perspective, Ethics at the Individual Level, Ethical Dimensions: Employees, Work Ethics and the Workplace, Banking Ethics: Changing Dynamics

JAIIB Syllabus Paper 3: Accounting and Financial Management for Bankers (AFM)

JAIIB Syllabus Module A: Accounting Principles and Processes

Definition, Scope & Accounting Standards including Ind AS, Basic Accountancy Procedures, Maintenance of Cash/Subsidiary Books and Ledger, Bank Reconciliation Statement, Trial Balance, Rectification of Errors and Adjusting & Closing Entries, Depreciation and its Accounting, Capital and Revenue Expenditure, Bills of Exchange, Operational Aspects of Accounting Entries, Back Office Functions/Handling Unreconciled Entries in Banks, Bank Audit & Inspection.

JAIIB Syllabus Module B: Financial Statements and Core Banking Systems

Balance Sheet Equation, Preparation of Final Accounts, Company Accounts-I, Company Accounts-II, Cash Flow and Funds Flow, Final Accounts of Banking Companies, Core Banking Systems and Accounting in a Computerised Environment.

JAIIB Syllabus Module C: Financial Management

Financial Management -An Overview, Ratio Analysis, Financial Mathematics Calculation of Interest and Annuities, Financial Mathematics Calculation of YTM, Financial Mathematics- Forex Arithmetic, Capital Structure and Cost of Capital, Capital Investment Decisions/Term Loans, Equipment Leasing/Lease Financing, Working Capital Management, Derivatives.

JAIIB Syllabus Module D: Taxation and Fundamentals of Costing

Taxation: Income Tax/TDS/Deferred Tax, Goods & Services Tax, An Overview of Cost & Management Accounting, Costing Methods, Standard Costing, Marginal Costing, Budgets and Budgetary Control, Bibliography

JAIIB Syllabus Paper 4: Retail Banking and Wealth Management (RBWM)

JAIIB Syllabus Module A: Retail Banking

Retail Banking: Introduction, Retail Banking: Role within the Bank Operations, Applicability of Retail Banking Concepts and Distinction between Retail and Corporate/Wholesale Banking, Branch Profitability.

JAIIB Syllabus Module B: Retail Products and Recovery

Customer Requirements, Product Development Process, Credit Scoring, Important Retail Liability Products, Important Retail Asset Products, Credit and Debit Cards, Remittance Products, Digitisation of Retail Banking Products, Role of AI and Technology in Retail Banking, Recovery of Retail Loans, Management Information Systems, Securitization.

JAIIB Syllabus Module C: Support Services- Marketing of Banking Services/Products

Marketing: An Introduction, Delivery Channels in Retail Banking, Delivery Models, Customer Relationship Management in Retail Banking, Service Standards for Retail Banking, Marketing Information Systems-A Longitudinal Analysis.

JAIIB Syllabus Module D: Wealth Management

Importance of Wealth Management, Investment Management, Tax Planning, and Other Financial Services Provided by Banks.

Important Modules in CAIIB Syllabus 2023

Important Modules in JAIIB Syllabus 2023

JAIIB Passing Criteria Under JAIIB Syllbus 2023:

The passing criteria under revised JAIIB syllabus 2023 are as follow. 

1. Minimum marks to qualify in each paper of JAIIB was 50 out of 100.
2. Candidates securing at least 45 marks in each subject with an aggregate of 50% marks in all subjects of the examination in a single attempt will also be declared as having passed the examination.
3. There is NO NEGATIVE marking in JAIIB Exam

Timeline for Passing JAIIB 

The time-limit rule under revised syllabus is as follow:

1. A candidate will be given 5 attempts for completion of JAIIB exam but, within a maximum period of three years, whichever is earlier, from the time he/she registers for the exam. These 5 attempts need not be consecutive.
2. Candidates unable to pass the examination within the maximum stipulated time period of 3 years or 5 attempts, whichever is earlier, will be required to re-enrol themselves afresh. Such candidates will not be granted credit/s for subject/s passed, if any, earlier
3. Time limit of 3 years or 5 attempts, whichever is earlier, will start from the date of registration for the first attempt. Attempts will be counted when he/she applies for the exam, irrespective of whether the candidate appears for any examination or not

Credit for Subject Passed under Revised JAIIB Syllabus Revised

If a candidate already passed Paper 1 (Principles & Practices of Banking) & Paper 2 (Accounting & Finance for Bankers) in the previous syllabus (within 4 attempts and 2 years of span), he/she will get the credit in Principles & Practices of Banking & Accounting & Financial Management for Bankers. He/she need not to appear in these two papers under revised syllabus in May 2023.

Compression between Old JAIIB Syllabus and Revised JAIIB Syllabus Revised

How to register for JAIIB May Exam 2023?

• Go to the official website of IIBF.
• On the homepage, you will see the "Examination/Courses" option. Click on that.
• Under flagship courses, click on "Apply Online".
• Login with your user ID and password.
• Fill in all the necessary details asked by IIBF.
• Pay the application fee.
• Complete the registration process by submitting the form.

JAIIB Exam 2023: Notification

Some Important Links for JAIIB Exams 2023