STUDY STRATEGY & STUDY METHOD FOR JAIIB-CAIIB.

 STUDY STRATEGY & STUDY METHOD FOR JAIIB-CAIIB.

Dear All JAIIB-CAIIB Aspirants. Last time I've Discussed [Updated] about:

1. JAIIB-CAIIB STUDY STUDY STRATEGY & PLAN

2. 10 HABITS TO CLEAR CAIIB

3. A SHORT STORY BEHIND MY JAIIB-CAIIB SUCCESS

4. 5 HABITS TO CRACK JAIIB-CAIIB.

2Day Let Us discuss about Strategy for the JAIIB-CAIIB (Each Subject Wise & Every Topic Wise).

01. JAIIB (JUNIOR ASSOCIATE INDIAN INSTITUTE BANKERS)..

▪STUDY STRATEGY FOR JAIIB-PPB.

PPB (Principles & Practices of Banking) Subject is Very Easy & Daily Banking knowledge sufficient to crack the PPB Subject, If You need more knowledge Study properly McMillan Book..

This Subject Contains 4 Modules:

MOD-A: Indian Financial System

MOD-B: Functions of Banks

MOD-C: Banking Technology

MOD-D: Support Services-Market of Banking Services/Products.

- As WE are Bank Employees WE get very less time for study, so how to decide which topics to be Read & which topics to be Skipped?

IMPORTANT TOPICS FROM EACH MODULE:

1. MOD-A: INDIAN FINANCIAL SYSTEM.

• Banking Regulations

• Capital Markets/Regulators

• Risk Management & BASEL II-III

• Factoring & Forteiting.

This Module is has 11 Topics & this's theoritical Module.

You must read BASEL-2 an overview because this most Important in Our Banking life & as well as in Upcoming Exams. 2nd Paper of JAIIB (AFB) & In the Course of CAIIB 1 Subject there's full Module on this topic.

2. MOD-B: FUNCTIONS OF BANKS.

• Banker-Customer Relationship

• Ombudsman Functions

• Lending (Working Capital)

• MSME & SHG

• NPA Provising.

This Module has 17 Topics & Most Important, Most Useful topics in Our daily Banking routines/duties.

Some Examples are: Banker-Customer Relationship, Accounts Opening to Various types of Customers, SHGs, Credit Cards, Govt Sponsored Schemes, FI, NPA, Collaterals Types, Payment & Cheque Collections, NI Acts, etc.

So, It's the most important Module to get Good Marks in this Subject & also get Good Knowledge in Banking Industry to take care of yourself about what is Good to do & what not?.

3. MOD-C: BANKING TECHNOLOGY.

• Data Communication & Network

• Security Consideration

• Cyber Crimes.

This Module has 6 Topics & Most Easiest Module among 4 Modules.

This Module would be Cakewalk for B.Tech (Computer Science/IT), B.Sc (Computer) & BCA/MCA Students. But it doesn't mean that tough for Non-Computer Students. they'll also get Easy Marks in this Module. try to get full Marks from this Module as it has 5 topics, those are also easily Understandable topics.

4. MOD-D: SUPPORT SERVICES-BANKING SERVICES/PRODUCTS.

• Social Media Marketing

• Pricing & Distribution

• MIS & DIS/DMA

• CHIPS & CHAPS

• Agri Management.

This Module has 8 Topics & As the name suggests it's fully about Marketing. It doesn't mean that You should be Good at Marketing & Some basic concepts of Marketing will come to you in this Module.

This Module is Cakewalk for MBA (Marketing) Students. You can simply complete this MOD-C.

5. MOD-E: ETHICS IN BANKS & FINANCIAL INSTITUTIONS.

• Business Ethics & Banking

• Individual Ethics Level

• Ethical Dimension

• Ethic Work & Workplace

• Banking Ethics.

This Module has 5 Topics & As the name suggests it's fully about Banking Ethics Management. It doesn't mean that You should be Good at Ethics of Bank Employees & Some basic concepts of Banking Ethics, Work Ethics & Work Place will come to you in this Module.

This Module is Cakewalk for B.Com & M.Com Students. You can simply complete this MOD-B & D.

- Overall, You've to Study at least 3Modules in detail so as to Achieve the 60-70 Marks. You can choose the Modules to Study more depending upon Your Strength..

▪STUDY STRATEGY FOR JAIIB-AFB.

Strategy for the study of AFB (Accounting & Finance for Bankers) Subject, which Many People finds Very Difficult to clear. If You Study Properly, It's Very Easy to Clear AFB.

This Subject Contains 4 Modules:

MOD-A: Business Maths & Finance

MOD-B: Principles of Bookkeeping & Accountancy

MOD-C: Final Accounts

MOD-D: Banking Operations.

This Subject mainly Cakewalk for B-Com & M-Com Students.

Many People don't correlate the syllabus of the subject with Day to Day Banking Activity. So they find it difficult to Score & Understand this subject. But this not true, this Subject is Very Important which will Increase Your Knowledge regarding JUNIOR & MIDDLE MANAGEMENT functioning of Your Bank, As Well As a whole Banking Industry; So How to decide which topics to be Read & which topics to be Skip?.

IMPORTANT TOPICS FROM EACH MODULE:

1. MOD-A: BUSINESS MATHS & FINANCE.

• Interest Rate Calculation

• YTM Calculation

• Capital Budgeting

• Depreciation & Accounting.

This Module has 6 Topics & Easiest Module among 3 Modules as it's calculative part as the Name Suggests.

I'll Say how much Important it's, there's ABM Subject (CAIIB 1st Paper). That Subjects basic points are given here as basics in this MOD-A (Economic Analysis), In this Module You must read BASEL-2 & 3 an overview. Because this's most Important in Our Banking Life & As Well As in upcoming exam CAIIB (1Subject there's Full Module on this topic).

Some simple topics are: Interest Calculation (EMI & NPV), Basel-2 & 3 Accord Overview, YTM Calculation, Depreciation (Methods of Straightline, Decling Balance & Double Decling Balance), FOREX (So Many People thinks it's difficult. But If You study Its Basics you'll also get Good Marks in CAIIB-ABM Subject).

2. MOD-B: PRINCIPLES OF BOOKKEEPING & ACCOUNTANCY.

• Bank Reconciliation Statement

• Trial Balance & Closing Entries

• Capital & Expendutre

• Foreign Exchange.

This Module has 5 Topics & Most Important, Most Useful topics in Our Daily Banking Routines/Duties.

It Contains:

• What's Book-Keeping & Accountancy?

• What's Book-Keeping & Its Standards?

Ans: It has 3 Topics, they are:

1.There's Basics of Book-keeping & Its Standards. There are 29 Accounting Standards, You must be Familiar with this to complete this MOD-B.

2.There are Accounting Concepts at Recording & Reporting Stage in Each One (You must read 6 Points).

3.There are topics like Journal, Ledger, Petty Cash, Head Cashier Ledger, Etc..

So, It's the most Important Module & to get Good Marks & Good Knowledge in Banking Industry.

3. MOD-C: FINAL ACCOUNTS.

• Balance Sheet Equation

• Ratio Analysis

• Rectification Errors

• Final & Company Accounts.

This Module has 12 Topics & As the title of Module suggests Special Account, it's the Most Priority Module You can give after MOD-A (Business Maths & Finance).

In this Module all topics Very Interesting & Makes You Curious to learn topics easy to study. Some topics are: BRS, Exchange Bills, Depreciation Accounting (This would be Continuation to Depreciation topic in MOD-A), Consignment Account, Leasing Hire Purchase, Joint Venture, Non-Trading Organisation Accounts, Etc.

4. MOD-D: BANKING OPERATIONS.

• Banking Operations

• Cash/Clearing & Deposits

• Loan Accounts.

This Module has 6 Topics & Some simple easy topics.

Those are: Balance Sheet Equation, Partnership Accounts (VV Imp), Company Accounts & Final Accounts, Etc..

- Overall, You've to Study All 4Modules in detail so as to Achieve the 55-60 Marks. You can choose the Modules to Study more depending upon Your Strength..

▪STUDY STRATEGY FOR JAIIB-LRAB.

LRAB (Legal & Regulatory Aspects of Banking) Subject is which Many People finds Very Difficult to clear. If You Study Properly, It's Very Easy to Clear LRAB.

This Subject Contains 4 Modules:

MOD-A: Regulations & Compliance

MOD-B: Legal Aspects of Banking Operations

MOD-C: Banking Related Laws

MOD-D: Commercial Laws with Reference to Banking Operations.

This Subject mainly Cakewalk for LLB Graduates (Students) & Very tough even than AFB Subject, as it's full theoretical Subject.

-As We're Bankers WE get very less time for Study. So, How to decide Which Topics to be Read & Which Topics Skipped?.

IMPORTANT TOPICS FROM EACH MODULE:

1. MOD-A: REGULATIONS & COMPLIANCE.

• Legal Framework

• Returns, Inspection & Mergers

• PSB & Co-Operative Banks.

This MOD is have 5 Topics & You'll learn, Constitution of Banks, What're Banks, Types of Banks, Regulator of Banks, Banking Ombudsman, Payment Systems, Etc.

Give 1st Preference to this MOD (If You want to start with Theory).

2. MOD-B: LEGAL ASPECTS OF BANKING OPERATIONS.

• Borrower & Credit Facility Types

• Bank Guarantees

• Bill Finance Laws

• Reg & Satisfaction Charges.

This MOD has 14 Topics & Will discuss about Responsibilities of Bank while doing its duties & Some more important topics those will come in CAIIB.

Some Important & Easy Topics in this MOD are: Responsibities of Paying/Collecting Banks, Indemnities, Bank Guarantees, LOC (VV Important Topic in whole JAIIB-CAIIB), Types of Credit Facilities, Secured & Unsecured Loans, Etc.

3. MOD-C: BANKING RELATED LAWS.

• SARFASI Act

• BBE Act

• Lok Adalats

• Income Tax Act.

This MOD has 21 Topics & Heart of the Subject. Because all the Laws are in this MOD.

Don't think that reading Years of Acts is sufficient. In this MOD All Topics are Very Important & Easy to Study.

Some Topics are: SARFASI Act-2002 (Introduction & Definition), Banking Ombudsman Scheme-2006, DRT Act, BBE Act-1891, LSA Act, CP Act, Tax Laws, Etc.

4. MOD-D: COMMERCIAL LAWS WITH REFERENCE TO BANKING OPERATIONS.

• Contract Act

• N.I. 1881 Act

• BR Act

• Partnership Act

• RBI Act

• Limitation Act

• Company Act.

This MOD has 28 Topics & If You see, the 1st time You'll get Emotional Tears as it's the most heaviest of All MODs (But know a proverb 'All that Glitters isn't Gold' its easiest among all MODs). Because these Chapters are Simple & Easy to learn Topics, You can pay this MOD as 1-Liner Stories.

These MOD has all the related Laws that in Topics of 2nd Subject of AFB.

Some Topics are: Contracts of Indemnity, Guarantee, Bailment, Pledge & Agency, Partnership Basics, Types of Companies, Etc.

- Overall, You've to Study ALL 4Modules in detail so as to Achieve the 70-80 Marks. You can choose the Modules to Study more depend upon Your Strength..

02.CAIIB (CERTIFIED ASSOCIATE INDIAN INSTITUTE BANKERS)..

▪STUDY STRATEGY FOR CAIIB-ABM.

ABM is 1 of the Compulsory Subject for CAIIB; Most of the People find very difficult to clear this Paper, If you study properly it's easy to clear the ABM Subject.

This Subject Contains 4 Modules:

MOD-A: Economic Analysis

MOD-B: Business Mathematics

MOD-C: HRM IN BANKS

MOD-D: Credit Management.

- As WE are Bank Employees WE get very less time for study, so how to decide which topics to be Read & which topics to be Skipped?

The Subject Generally Paper consists of 60% Theoritical & 40% Numerical/Case Studies. So choose the Module to be Study in deep so as to Clear the Paper easily depending upon your Personal Strength & Weakness.

If You observed the All Modules, You'll realize that MOD-A & C are most Scoring Modules. MOD-B contains Business Maths which many People find difficult to Study as the Level of Maths is tough (Especially for ARTS, SCIENCE & ENGINEER background People). Those who works in Credit/Loan Section will find that MOD-D is most Important not only Exam Point of View. But also for your daily working in Credit Section, so don't skip MOD-D.

IMPORTANT TOPICS FROM EACH MODULE:

1. MOD-A: ECONOMIC ANALYSIS.

• Supply & Demand

• Money Supply & Inflation

• Business Cycles

• GDP Concepts & Union Budget.

No need to read McMillan Book line by line for this Module, Short Notes will be quite useful for Studying this Module. Don't read Stats Given in these Chapters; In GDP Concepts & Union Budget, Chapters Numerical are asked which are quite easy provided You know the Components & Formula.

2. MOD-B: BUSINESS MATHS.

• Time Value of Money (TVM)

• Sampling Methods

• Simulation

• Bond Investment.

Don't go to deep for Study this Module as Mathematical Calculations are difficult to understand (Especially for ARTS & SCIENCE background People). Practice the examples Given in McMillan; those who are not Good at Maths can skip this Module & focus more on Remaining Modules.

You can keep MOD-B at last, Just read Formulas from this Module, as this Module is quite boring, length & hard to understand.

3. MOD-C: HRM IN BANKS.

• Human Resource Development

• Human Implication Organisation

• Performance Management

• HR & IT.

You need to read thoroughly All the topics from this Module from McMillan. It's quite easy & theoretical only. Repeatedly read MCQs from N.S.TOOR Book of this Module.

4. MOD-D: CREDIT MANAGEMENT.

• Credit Management Overview

• Financial Statement Analysis

• Capital Finance Work

• Credit Control & Monitoring

• Rehabilitation & Recovery.

Read this Module from McMillan book only; the Chapters in this Module are not lengthy as compared to Other Modules. Practice Numerical/Study Case from Financial Statement & Balance Sheet.

- Overall, You've to Study at least 3Modules in detail so as to Achieve the 50 Marks. You can choose the Modules to Study more depending upon Your Strength..

▪STUDY STRATEGY FOR CAIIB-BFM.

Strategy for the study of BFM (Bank Financial Management) Subject, which Many People finds very difficult to clear. If you study properly it's easy to the BFM.

This Subject also contains 4 Modules:

MOD-A: International Banking

MOD-B: Risk Management

MOD-C: Treasury Management

MOD-D: Balance Sheet Management.

Many People don't correlate the syllabus of the subject with Day to Day Banking Activity. So they find it difficult to Score & Understand this subject. But this not true, this subject is very much important which will increase your knowledge regarding TOP & MIDDLE MANAGEMENT functioning of your Bank, as well as a whole Banking Industry.

All the Modules are Equally Important, but you may clear the paper with 3 Modules study also.MOD (A & glasses emoticon are relatively easy & scoring as well.

Let Us discuss the Strategy for CAIIB-BFM. Each Module wise:

1. MOD-A: INTERNATIONAL BANKING.

• Exchange Rates & Forex Business

• Basics for Forex Derivatives

• Documentary LC

• Facilities for Exporters & Importers.

Rapid Reading/Bullet Point Reading is quite useful for this module. Practice Numerical again & again.

Many Numerical/Case Studies are asked from this module which are quite easy as compared to Mod-B & Mod-D case studies. Refer the case studies from McMillan given at the end of the topic. also N.S.TOOR books has many Numerical & Case Studies. Questions are asked on Exchange Rates & Shipment Finance, Etc.

2. MOD-B: RISK MANAGEMENT: All Chapters are equally important as they are interlinked to each other. Again focus more on Case Studies/Numericals given in Apendix at the the end of charter.

Maximum Case Studies are asked from this module. Though short notes are useful for this Module, McMillan book reading for this Module, because some Questions are twisted type for which you require details of the concept which is hard to get from short notes.

RBI Website contains FAQs which are quite useful for this Modules, you should read them at least once.

3. MOD-C: TREASURY MANAGEMENT.

• Introduction

• Types of Treasury Products

• Treasury Risk Management

• Treasury & Asset-Liability Management.

Most Questions asked on this Module are theoritical type. so through reading of McMillan book is important. If you don't get time then you can skip this Module or Read Short Notes, since the weighted of this Module for exam point of view is low according to as compared to Mod-A & Mod-B. But those who wish to make Carrier/Work in Treasury Department, this is the best Module to learn.

4. MOD-D: BALANCE SHEET MANAGEMENT.

• ALM in Banks Balance Sheet

• Capital & Banking Regulation

• Capital Adequacy

• Asset Classification & Provisioning Norms

• Interest Rate Risk Management.

Though McMillan Book contain sufficient material but refer RBI Website for this module. In this Module focus more on Case Studies as compared to theoretical questions. Don't skip this Module as it's much important for exam as well as knowledge point of they. No need to read McMillan line by line.

- Overall, You have to to keep balance between Theoritical reading as well as Case Studies/Numerical since the paper would contain 40-45% Case Studies. N.S.TOOR book contains good Case Studies & MCQs. also there are many resources available on the Internet from where you will get case studies for this Module.

After giving this paper you will Realized that BFM is very easier as compared to ABM & Retail Banking. No need to worry for BFM, Be Happy.

▪STUDY STRATEGY FOR CAIIB-RB (RETAIL BANKING)..

DEAR ALL CAIIB ASPIRANTS.

Focus on following the Important Chapters for Retail Banking.

1. RB Latest Trends

2. ATM Updates

3. Mobile & Internet Banking Updates

4. EMI Calculation

5. TVM Annuity

6. FV/PV Annuity

7. Capital Gain

8. Taxation

9. Credit Card

10. Home Loan Valuation.

- Expectation 40-60% Marks, if u follows these Topics..

▪STUDY STRATEGY FOR CAIIB-INTERNATIONAL BANKING..

DEAR ALL CAIIB ASPIRANTS..

ALL 5 Modules are Very Very Important. MOD-A (Foundation of International Financial Management), MOD-B (Foreign Exchange Market, Rate Determination & Currency Derivatives), MOD-C (Foreign Exchange Exposure & Management), MOD-D (World Financial Markets & Institutions) & MOD-E (Financial Management of Multinational Firm) in CAIIB-International Banking Subject..

• Give the Most Importance & Practice more following Chapters in International Banking.

1. IB Monetary System

2. World Corporate Governance & Payments Balance

3. Globalization & Multinational Firm

4. FE Market & IB Equity Market

5. FE Futures & Options

6. Transaction & Economic Exposure Management

7. IB Money Market & Bond Market

8. IB Trade Finance & Capital Budgeting

9. Multinational Cash Management

10. IB Transfer Price & Tax Environment

11. IB Interest Rate & Currency Swaps

12. IB Capital Cost & Capital Structure.

- These Topics are Play Vital Role to Clearing CAIIB-International Banking Subject. Expected Score 50-70 Marks..

ALL THE VERY BEST..

WISH YOU GOOD LUCK & DO WELL..