Indian Institute of Banking and Finance
This article contains content that is written like an advertisement. (March 2013) |
Company type | Professional Body of Banks, Financial Institutions and their Employees In India. |
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Founded | 1928 |
Headquarters | Kurla West, CEO )
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Website | www |
Established in 1928 as a Company under Section 26 of the Indian Companies Act, 1913, the Indian Institute of Banking & Finance (IIBF), formerly known as the Indian Institute of Bankers (IIB), is a professional body of Banks, Financial Institutions, and their employees in India.
It is known for its flagship courses, such as the Junior Associate of Indian Institute of Bankers (JAIIB)/Diploma in Banking and Finance (DBF) and the Certified Associate of Indian Institute of Bankers (CAIIB).[1] With its membership of over 600 banks and financial institutions as institutional members and about 10,00,000 of their employees as individual members, IIBF is the largest Institute of its kind in the world [citation needed].
History
The Institute was founded in 1928 as the Indian Institute of Bankers on the model of the
Mission
The IIBF aims to be the premier institute for developing and nurturing competent professionals in banking and finance field through developing professionally qualified and competent bankers and finance professionals primarily through a process of education, training, examination, consultancy/counselling and continuing professional development programs.
Objectives
- To facilitate study of theory and practice of banking and finance.
- To test and certify attainment of competence in the profession of banking and finance.
- To collect, analyze and provide information needed by professionals in banking and finance.
- To promote continuous professional development.
- To promote and undertake research relating to Operations, Products, Instruments, Processes, etc., in banking and finance.
- To encourage innovation and creativity among finance professionals so that they could face competition and succeed.
Academics
The Flagship Courses of IIBF are Junior Associate of Indian Institute of Bankers (JAIIB) or its equivalent Diploma in Banking and Finance (DBF) and the Certified Associate of Indian Institute of Bankers (CAIIB). Other courses offered are
- Diploma in Treasury Investment & Risk Management
- Diploma in International Banking & Finance
- Diploma in Banking & Technology
- Diploma Examination for Micro Finance Professionals
- Diploma in Commodity Derivatives for Bankers
- Advance Diploma in Urban Co-operative Banking
- Diploma in Advanced Wealth Management and various Certificate programs
These are offered in distance mode. The pedagogy of Distance Learning offered by the institute is (i) publishing specific courseware for each paper/examination; (ii) publishing work books; (iii) tutorials through accredited institutions; (iv) contact classes; (v) virtual classes; (vi) e-learning through portal; (vii) campus training for selected courses, etc. The courses are considered to be comprehensive as well as exhaustive and recognized as the best in the field in India.[2]
Governing Council
The IIBF governing council consists of members/representatives from the
Notes
- ^ "Examinations / Courses at a Glance". IIBF. October 2017. Retrieved 22 August 2022.
- ^ "Tiny sector, big prospects", The Telegraph, Calcutta, India, 18 December 2008, archived from the original on 26 October 2012, retrieved 26 April 2011
- ^ "Bully banks face double leash", The Telegraph, Calcutta, India, 1 December 2007, archived from the original on 1 December 2007, retrieved 26 April 2011