Much awaited final results for the post of Probationary officer in different PSBs have been declared. As you step into the banks, you will come across two qualifications, which many of you might not even have heard till now.
I am talking about JAIIB & CAIIB from Indian Institute of Banking and Finance.
JAIIB is the initial level, CAIIB is the final level.Both have 3 papers each.
Both are have multiple choice format.
Standard books by IIBF(from Macmillan publisher) is available. A workbook for JAIIB is available which is also good.
You are eligible to register(ordinary life membership) and apply for JAIIB soon after you join.Registration and application is online at www.iibf.org.in. You can apply for CAIIB after clearing JAIIB only.
Once you pay for JAIIB, you are eligible for 2 attempts(1st Block)
Exams are conducted on 3 consecutive Sundays twice a year in May & November.
The papers u did not clear in 1st attempt can be appeared in 2nd attempt free of cost.Supposing your 1st attempt is Nov 2014 then your second attempt will be May 2015.If you are unable to clear all the papers in 1st block you have to pay for the 2nd Block of exams(again 2 attempts). The cleared paper from 1st block will roll over to 2nd block. But if you do not clear all the papers in 2 blocks(total 4 attempts),you will have to register afresh for a new block and previous cleared papers will not roll over to this new block.For clearing a paper you have to score minimum 50 marks in it.
However, in a single attempt if you score 50% in aggregate and at least 45 in the individual papers then also you are declared to have passed JAIIB.
Similar scheme of exams for CAIIB too.
Cheers!