What is the full form of JAIIB?

What is JAIIB?

JAIIB stands for Junior Associate of the Indian Institute of Bankers. It is a course which you can do to get many job opportunities in the finance sector. There is a tough competition in the banking sector and candidates need to go for the JAIIB exam to be ahead in the competition. JAIIB can be expanded to Junior Associate of the Indian Institute of Bankers.

There are three papers in this examination and each of them is divided into chapters and modules. You can take the exam only if you are an employee of a bank. This is an online exam which is held two times in a year. The exam is taken to evaluate the daily banking operations along with the technical concepts. The exam is held in the months of May and November each year

Features of JAIIB

JAIIB has many features and we will discuss them here.

• A wide range of topics related to banking and finance are covered like banking laws, principles, accounting and finance for bankers, and many more

• You will develop a wide range of skills

• You can show your expertise and efficiency to employers

• You can complete the course at your own pace even if you are working full-time

• You will get a certificate after completing the exam successfully

• After completing the exam, you will become a Junior Associate of IIB

• You will be able to manage time and also develop problem-solving skills

Reasons for taking the exam

There are many reasons for taking the exam and some of them are as follows −

• Clerks and officers get increments each year

• Get knowledge of all the banking activities as it will help you to manage and perform all of them efficiently

• Banking and finance professionals can also get jobs in related industries like treasury, insurance, foreign exchange, and many more.

Eligibility Criteria

If you want to go for the JAIIB exam, you need to fulfill the following eligibility criteria −

Only the members of IIBF are eligible to take the exam. If you are working in a financial institute or bank and the employers are the members of IIBF.

You need to pass the 12^th exam which can belong to any stream. If you are a clerk in a bank and have not taken up the 12^th exam, you are still eligible to take up the JAIIB exam. In such a case you need to get the sign of your manager on the recommendation letter.

Exam Pattern

You will have to take the exam online in which each paper will have 120 multiple choice questions and the duration of each paper will be 2 hours. The exam is conducted on three Sundays and each paper has 100 marks. In order to be successful, you will have to secure at least 50 marks in each test.

Registration fee for the exam

If you are taking the exam for the first time, you will have to pay INR 2,700 as a registration fee. For the second, third, and fourth attempts, you will have to pay INR 1,300.

Conclusion

JAIIB stands for Junior Associate of the Indian Institute of Bankers. People who are working in banks and financial institutions can take this exam to enhance their careers. Employees having this certification will get an increment each year Candidates will develop problem-solving and decision-making skills and they will also be able to manage time.

FAQs

FAQ 1: What is the full form of JAIIB?

Ans: The full form of JAIIB is Junior Associate of the Indian Institute of Bankers

FAQ 2: Which organization conducts the JAIIB exam?

Ans: JAIIB exam is held by IIBF.

FAQ 3: Are freshers allowed to take the JAIIB exam?

Ans: Yes! Freshers can take the exam if they are able to fulfill all the conditions of the eligibility criteria.

FAQ 4: What is the duration of the exam?

Ans: The duration of each paper is 2 hours.

FAQ 5: How many questions are there in each paper?

Ans: Each paper has 100 questions.