CAIIB Exam June 2024: Overview

Certified Associate of the Indian Institute of Banking commonly known as CAIIB, is one of the flagship exams conducted by IIBF twice every year typically in June/December. The objective of the exam is to enhance the knowledge of the members of IIBF in Treasury management, Credit Management, International Banking and Balance Sheet Management. The exam results in learning as well as monetary benefits.

CAIIB Exam June 2024: Eligibility

  1. To be eligible for the examination, candidates must have successfully completed the JAIIB or PART 1 of the Associate Examination. Additionally, their membership with the Institute should be current, with no outstanding subscription dues.

CAIIB Exam June 2024: Subjects

There are four compulsory papers in the CAIIB exam from June 2023 onwards. The four papers namely:

  1. Paper 1: Advanced Bank Management
  2. Paper 2: Bank Financial Management 
  3. Paper 3: Advanced Business and Financial Management
  4. Paper 4: Banking Regulations and Financial Laws
  5. Paper 5: Elective Paper
Attempt  No. of Ques Total Marks Duration
Advanced Bank Management 100 100 2 hours
Bank Financial Management  100 100 2 hours
Advanced Business and Financial Management 100 100 2 hours
Banking Regulations and Financial Laws 100 100 2 hours
Elective Paper 100 100 2 hours

CAIIB Exam June 2024: Passing Criteria

The passing criteria under the revised CAIIB syllabus 2023 are as follows. 

  1. The minimum mark for a pass in the subject is 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 completed the Examination. 
  3. Candidates will be allowed to retain credits for the subject they have passed in an attempt till the expiry of the time limit for passing the examination

CAIIB Exam June 2024: Credits for Subjects Passed under Revised Syllabus

If a candidate already passed the compulsory paper Advanced Bank Management & Bank Financial Management or either of them in the previous syllabus (within 4 attempts and 2 years of span), he/she will get the credit in Advanced Bank Management & Bank Financial Management. He/she need not appear in these two papers under the revised syllabus in June 2023. Here are the details of the credit under the new syllabus for the CAIIB exam 2023

CAIIB Exam June 2024: Credit for Compulsory Papers:

Subjects under Old Syllabus  Credits for Subjects under the new Syllabus
Advanced Bank Management Advanced Bank Management
Bank Financial Management  Bank Financial Management 

CAIIB Exam June 2024: Credit for Elective Paper

Subjects under Old Syllabus  Credits for Subjects under the new Syllabus
Risk Management Risk Management  Risk Management Risk Management 
Information Technology  Information Technology & Digital Banking 
Central Banking Central Banking
Human Resources Management Human Resources Management
Rural Banking Rural Banking Rural Banking Rural Banking

CAIIB Exam June 2024: : Timelimit for Passing CAIIB 

The time-limit rule under the revised syllabus is as follows:

  1. A candidate will be given 5 attempts for completion of the exam (CAIIB) 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. The 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. 

CAIIB Exam June 2024: : Validity of Credits for Subjects Passed Under the Old Syllabi: 

  1. In case a candidate has availed/exhausted 3 attempts under the old syllabus, he/she will now get 2 more attempts to pass the CAIIB under the revised syllabi i.e; June 2023 & December 2023. 
  2. For such candidates who are under the old syllabi but will be availing credits under the revised syllabi for the subject(s) concerned, the time-limited period of 3 years, 
  3. under the revised syllabi, the attempt will be counted from the date of registration for the 1st attempt under the old syllabus.

CAIIB Examination Fee 2024

The following fees will be applicable for the CAIIB exam from June 2023. 

Fee in the 1st Attempt Rs. 5000
Fee in the 2nd Attempt Rs. 1300
Fee in the 3rd Attempt Rs. 1300
Fee in the 4th Attempt Rs. 1300
Fee in the 5th Attempt Rs. 1300

CAIIB Exam 2024: Medium of Examination

Candidates have the option to take the examination in either Hindi or English. They must specify their preferred language medium at the time of application registration. It's important to note that once chosen, the medium of examination cannot be altered at a later stage.

CAIIB Exam 2024: Pattern of Examination

Question Format: The examination will consist of 100 objective type multiple-choice questions, totaling 100 marks. This may include case studies or case lets. The Institute reserves the right to vary the number of questions for a subject.

Numerical Questions: In some CAIIB subjects, there will be numerical questions without multiple-choice options. These will require candidates to input their answers directly, deviating from the multiple-choice question (MCQ) format.

Examination Mode: The examination will be conducted exclusively in an online format.

Marking Scheme: There is no negative marking for incorrect answers in the examination.

Question Categories: Questions will be designed to assess various competencies, including:

  • Knowledge testing
  • Conceptual grasp
  • Analytical/logical exposition
  • Problem-solving
  • Case analysis

CAIIB Exam 2024: Duration of Examination:

The total time allotted for the examination is 2 hours. This duration is fixed and applies to each subject in the CAIIB examination

CAIIB Exam 2024: Periodicity and Examination Centres

Examination Schedule: The CAIIB examination is scheduled on pre-announced dates which are published on the IIBF website. Traditionally, the Institute conducts these examinations on a half-yearly basis. However, the frequency of the examinations is subject to change based on the evolving needs of the banking industry.

Examination Centres: A comprehensive list of examination centres is available on the IIBF website. The Institute organizes examinations in specific centres provided there is a minimum of 20 candidates registered for that location. This ensures the availability of examination facilities in diverse locations while maintaining a standard for the minimum number of participants at each centre.

CAIIB Syllabus from 2024

The prescribed syllabus, provided in detail within the booklet, serves as an indicative guide for candidates preparing for the examination. However, given the professional nature of these exams, candidates are expected to comprehensively study all aspects related to the subjects in question. This means that the scope of study extends beyond the outlined syllabus, encompassing all relevant topics within each subject area.

Candidates should be particularly prepared to tackle questions on recent developments in their respective subjects. These latest advancements may not be explicitly included in the syllabus but are crucial for a well-rounded understanding of the subject. Additionally, the examination may feature questions based on current trends and changes in the banking and finance sector.

To stay updated and enhance their knowledge, candidates are strongly encouraged to regularly read financial newspapers and periodicals. Specific emphasis should be placed on “IIBF VISION” and “BANK QUEST,” which are publications by the Institute. These resources will provide valuable insights into recent developments and trends in banking and finance, aiding candidates in their preparation for the examination.

Papers Paper Name Module Module Name
Paper 1 Advanced Bank Management Module A Statistics
Module B Human Resource Management
Module C Credit Management
Module D Compliance in banks and Corporate Governance
Paper 2 Bank Financial Management Module A International Banking
Module B Risk Management
Module C Treasury Management
Module D Balance Sheet Management
Paper 3 Advanced Business and Financial Management Module A The Management Process
Module B Advanced Concepts of Financial Management
Module C Valuations, Mergers and Acquisitions
Module D Emerging Business Solutions
Paper 4 Banking Regulations and Financial Laws Module A Regulations and Compliance
Module B Important Acts/Laws & Legal Aspects of Banking Operations – Part A
Module C Important Acts/Laws & Legal Aspects of Banking Operations – Part B
Module D Commercial and Other Laws with respect to Banking

Elective Papers Syllabus from 2024

Elective Papers Module Module Name
Risk Management Module A An Overview
Module B Credit Risk Management
Module C Operational Risk Management
Module D Market Risk
Module E Appendix
Information Technology and Digital BAnking Module A Introduction to IT
Module B Systems and Design
Module C Applications in Banking
Module D Information System, Security, Controls and Audit
Central Banking Module A Rationale Functions of Central Bank
Module B Central Banking in India
Module C Monetary Policy and Credit Policy
Module D Supervision and Financial Stability
Module E Non-Banking Financial Companies and Primary Dealers
Human Resource Management Module A Human Resource Management
Module B Building an HR Strategy
Module C Motivation, Training and Skill Development
Module D Personnel Management and Industrial Relations
Module E Emerging Scenario in HRM
Rural Banking Module A Rural India
Module B Financing Rural Development
Module C Priority Sector Financing and Government Initiatives
Module D Problems and Prospects in Rural Banking