ABM is one of the compulsory subjects for CAIIB. Most of the
people find difficult to clear this paper. Today, I will tell you how to study
for ABM subject.
This subject also
contains 4 modules
MODULE – A: Economic
Analysis
MODULE
– B : Business Mathematics
MODULE – C : HRM in banks
MODULE – 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?
-As I had told you in my
previous blog article that generally paper consists of 60% theoretical &
40% numerical or case studies, so choose the module to be study in deep so as
to clear the paper easily depending upon your personal strength and weakness.
If you observed all the
modules, you will realize that Module A and Module C are most scoring modules.
Do not skip these modules. Module B contains Business Mathematics which many
people find difficult to study as the level of mathematics is tough, especially
for non-engineering background people. Those who works in Credit/Loan
Department will find that Module D easy as well as interesting. Module D is
most important not only exam point of view but also for your daily working in
Credit Department. So do not skip Module D.
IMPORTANT TOPICS FROM
EACH MODULE
Module A- Supply and
Demand, Money Supply and Inflation, Business Cycles, GDP Concepts and Union
Budget.
No need to read McMillan
Book line by line for thise module, short notes will be quite useful for
studying this module. Don’t read stats given in these chapters. In GDP Concepts
and Union Budget chapters numerical are asked which are quite easy provided you
know the components and formula.
Module B-Time Value of
Money, Sampling Methods, Simulation, Bond Investment
Don’t go to deep for
study this module as mathematical calculations are difficult to understand
especially for non engineering background people. Practice the examples given
in McMillan. Those who are not good at math can skip this module and focus more
on remaining modules.
Module C-Development of
Human Resources, Human Implications of Organisations, Performamce Management,
HR & IT
You need to read
thoroughly all the topics from this module from McMillan. It is quite easy and
theoretical only. Repeatedly read MCQs from N.S. Toor book of this module.
Module D-Overview of
Credit Management, Analysis of Financial Statement, Working Capital Finance,
Credit Control and Monitoring, Rehabilitation and Recovery.
Read this module from
McMillan book only. The chapters in this module are not lengthy as compared to
other modules. Practice Numerical from Financial statement and balance sheet.
Overall, you have to
study at least three modules in detail so as to achieve the 50 score. You can
choose the modules to study more depending upon your strength. I would suggest
that you can keep module B at last, just read formulas from this module, as
this module is quite boring, lengthy and hard to understand.