Sunday, March 20, 2011

JAIBP Exam Spring 2011

Dear examinees ! there are only two months left in the spring 2011 exams and its the time when you should stop warming up and be ready for a final sprint !

Thumbs up for those who were regularly going through the whole syllabus beside their busy banking schedule (if working). Now is the time to complete the syllabus outline and start solving the past papers of JAIBP. Those who are still figuring out that whether they should take the exam or not, even they have sent their registration and exam fee, I recommend that they should go for the exams. (Kaam to kabhi khatam nahi ho ga !! )

 Usually people who work in banks get very less time in the evening to study for their exams.Because, now a days the banking has become so demanding and competition is so severe that we have to spend almost extra two to three hours beside our regular working hours. This shrinks the time which we could utilize in preparing for our exams. I suggest that next two months would be very beneficial if utilized effectively. Two to three hours daily would be fine for preparation. You would be lucky if you get electricity available during the coming months. Therefore, also prepare for that.

So ! wake up at nights, use the lunch breaks, marathon sessions on weekend, alone or in groups, at home or at some Institute of Bankers Pakistan class room; where ever you are, no matter what circumstances, You can surely go through it ! just plan and prepare.

All the best !




Thursday, March 10, 2011

Some Oldie Goldie Tips !

A few days back when I went in the room of my Boss to get signatures on a credit report of a borrower I got some tips from them which I want to share with you guys. Its not a tip which would help you pass your Institute of Bankers Pakistan (IBP) exam, but might interest you for your professional life as a banker.

The credit report was required by a bank about our customer, as required by the other bank I mentioned the type of facilities we were providing to the client. But, I nowhere mentioned the amount of facility on the letter I wrote. I briefed my manager that the bank didn't ask the amount of facilities therefore I didn't mentioned that.

Being in good mood he appriciated that and told that in old times when there were no CIB reports they use to disclose the information in the following manner.

If a customer is availing a facility of Running Finance amounting Rs. 300000 . Then while disclosing the amount I should write that the client is availing a facility in six figures. This would give them the idea that how much big amount of facility they are availing. Similarly, if the client is provided with a facility amounting Rs. 3000,000 then I could write that he is availing facility in seven figures.

As this tips was much effective before the availability of eCIB report. Now its kinda obsolete. I found it interesting thats why sharing with you guys! Hope you liked this old practice of banking.

Tuesday, March 8, 2011

IBP - Past Papers

A few days back Institute of Bankers Pakistan gave a new look to their website www.ibp.org.pk . The site gives a nice decent impression. But the sections are not much changed. We hope that they would introduce some new sections on their website. While going through the past papers (http://www.ibp.org.pk/previuos_exams.aspx), I noticed that the past papers available were only of 2010. So first of all, if you have the past papers then please share them with me !

During my experience of JAIBP exams I noticed that pattern of exams sometimes changes abruptly and there are sudden changes in the style of the papers. So this means that very much old papers might not help more in getting idea about the exams. Also, the papers available on the website of IBP do not contain the objective portion which is a very important section. Usually 40 to 50% of paper is objective which requires a thorough study in order to fully complete it. This gives an idea that we should get the idea of pattern from last two papers and should not go back further.

But....

"Picture abhi baki hai meray dost "

Much old papers might not help in pattern but they contain topics which are important from examiner's point of view. You can prepare a list of important topics by going through the old papers, especially when you have started late for you JAIBP preparation. I myself used the technique to solve the old papers to prepare for the exams. Some detail study two months before the exams and then solving papers one month before the exams. The topic which was discussed again and again, I read that thoroughly and even the short questions can give you some idea about the topics and helps in brainstorming your banking knowledge.

So start collecting those papers which are not available on the website of Institute of Bankers Pakistan anymore. It would help you in exams ultimately  !