Modern Commercial Banking

Modern Commercial Banking - E-Book

An in time question ! How to prepare for JAIBP ?

Today Faisal Hirani asked me recommended books and ideal time for preparation for IBP exam, I am sharing the reply with all the readers & examinees so they can also benefit with the tips and ideas ,

For stage-I you can find the recommended books & reading material in the following documents, (click to open the document)

• Business Communication for Financial Services
• Introduction to Financial Systems and Banking Regulations
• Information Technology in Financial Services
• Branch Banking

(Documents are also available on IBP website  on the following link )

http://www.ibp.org.pk/new_syllabus_subjects.aspx

These newly designed documents are published by the IBP to help the examinees . 

Each syllabus guide contains following topics,

1       Aims/ Objectives of the ISQ

2 ISQ Scheme of Study

3 Rationale of the ISQ Program

4 JAIBP Program Format

5 Aims/ Objectives of the Course

6 Syllabus

7 Specific Learning Objectives (SLOs)

8 Scheme of Assessment

9 Recommended Texts and Reference Materials

10 Definition of Cognitive Levels and Command Words of the SLOs\

Annexure 1 — Transition Process for Mid-stream Candidates

I hope these documents would guide you and help you in finding the right books for preparation. Also you can find reference books on my blog (http://ibpx.blogspot.com) which would help you finding the answers easily through search option. These e-Books are very much helpful in cross-reference and finding answers of questions. If there is any topic on which books are not available, please let me know , I would try my best to find one for you. 

Ideal time for preparation is two hours in the evening. I recommend slow and steady until last month of the exam and in the last month run a sprint and give atleast four hours per day. 

Daily study of two hours would help you absorb the things. Do try to experience and discuss the points in the office (if you work in a bank) and do discuss it with your colleagues. Either tell them about what you studied or if they are much experienced than you, then ask them more about the studied topic. This way you will remember the things for a long time. Moreover, if you are lucky enough to get a chance to experience what you have read ... don't hesitate to try practical implications of your knowledge. 

In the last month, try to fill up the past papers as they would help you become familiar with the exam stress and paper pattern. By solving the papers you would be able to judge the level of your preparation. 

If there is any question or interesting information you want to ask or share ! you are most welcome !

Remember me in your prayers ! 

Wish you all the very best !

Good Luck ! Rise & Shine

Best Regards,

Shams

IBP has a change again !

Soon after giving a new look to their website, IBP has brought some major changes in their flagship certification J.A.I.B.P.

IBP certification Junior Associateship of Institute of Bankers Pakistan (J.A.I.B.P) would now be accredited by UK’s Chartered Banker Institute.


Change in Subjects & Syllabus

To have this extrea accreditation the J.A.I.B.P's has to take some additional papers. There is a change in the subject and a new subject of Branch Banking has been introduced in stage one and Marco-economics subject has been merged with Monetary economics by introducing a single paper of economics in stage II. Subject of Law for Financial Institutions has been renamed to  Introduction to Financial Systems and Banking Regulations which is in the first Stage. Lending Operations & Risk Management is renamed as Lending: Products, Operations and Risk Management. [http://www.ibp.org.pk/new_syllabus_subjects.aspx]


Change in Registration Forms


There are new forms of two types,

• For Graduates [http://www.ibp.org.pk/pdfs/files/ISQ%20Examination%20Form.pdf] 
• For Non-Graduates [http://ibp.org.pk/pdfs/files/ISQ_RegForm_NonGrads.pdf]

Transition Process for Mid-stream JAIBP Candidates

Mid-stream JAIBP candidates are those candidates who enrolled and appeared for the JAIBP exams prior to July 2011. Details of transition process of Mid-Stream candidates have been sent by IBP to candidates which I will share in couple of days !

Untill then enjoy the result !

Good Luck Examinees !

As exams are over now its time to relax and have fun ! even if you know that your paper was not well attempted ! Because its no use crying over spilt milk ! Whatever you have done cannot be reversed, so its no use worrying about that ! But you should always learn from your experience and mistakes, and it is wiser if you learn from the experience and mistakes of others rather then making them all yourself. Therefore, I would recommend you all to share your experiences, write them down on some blog, post it here or just tell the other examinees verbally.

Share with us that how was your experience regarding these tests ?  How was the paper ? was that difficult ? how was the pattern ? Changed or same as previous one ? How was the examination Hall ? was that comfortable as its a hot weather going on with long duration loadsheddings.

If you have any solved papers of IBP also share with us ! Any Material, any Book related to IBP exam preparation would be a great favour for the upcoming examinees !

Wish you good luck for your result !

Solved Papers of IBP !

First of all there are no solved papers of Institute of Bankers Pakistan (IBP) available on the internet right now !

Nine out of ten emails I receive are asking for the solved papers of IBP. Come one guys ! you are suppose to learn something from these exams, merely taking the papers and passing the test should not be the target. I am trying to provide solved papers on IBP, but it would take time and in the mean time I always offer the examinees of IBP that papers can be solved one by one. So if we do collective effort we can prepare online version of solved papers of IBP.

If you are facing questions which are bigger than you ! then you are welcome to email me those questions and I would try my best to obtain an answer for you.

You can pass some subjects through selective and one day study, but I would recommend that don't use the short cuts in every subject. That can be very risky ! Just simple taking the solved papers would not help you in the exams, because IBP papers contains practical questions which can only be answered if you have clear concepts !

Spend sometime solving these questions !

Wish you Good Luck in exams !

IBP Should Modernize itself !

Now is the era of e-learning, and IBP being an organization aimed to educate bankers professionally should keep pace along-with the coming technologies. Institute of Bankers Pakistan should launch e-books version of all its publications which should be available for download or they should use their website to launch some e-learning programs. There is a dire need of a discussion forum of IBP where all the examinees can share their experiences, can post their questions, can get their papers solved with the help of others and can discuss various matters. Such an online platform would definitely boost the access to banking information but would also help the examinees to interact with each other more effectively.

Now a days all bankers are well equipped with the computer and internet knowledge and would definitely use such online resources to educate themselves. Recently, IBP has launched their website which give it a refreshing look, but the material in the website is almost the same. They should also focus on website development by introducing some other options.

Here comes a point in mind that IBP is avoiding such steps to keep reaping the revenue it gets from the training workshops, sales of books etc. But in my view they can also earn from such resources by introducing advertisements of various banks on their websites, they can promote their workshops more effectively and there is always a room to generate revenue from such activities.

 I strongly recommend IBP to think upon such latest avenues of training and they should plan to launch such facilities in future. 

Some Movies Bankers should see !

Below are some moview which I found very interesting especially as a banker !

Catch Me if You can !
The Bank Job
ENRON - The Smartest Guys in the Room
Wall Street - Money Never Sleeps
Oceans Eleven

But those who are preparing for the Institute of Bankers Pakistan J.A.I.B.P exams, I should mention that these movies would help you very little is taking your exam. So please focus on your preparation and you can always watch these movies after the exams.

And the first one is must watch for Bankers !

Enjoy !