JAIIB Important Topics for IE & IFS, PPB, AFM, and RBWM 2024

JAIIB Important Topics

JAIIB Important Topics: JAIIB is a flagship course of IIBF. The syllabus of the JAIIB exam is huge and as working professionals, you may not get much time to prepare for the exam. Hence we are providing you with a list of JAIIB important topics for all four subjects of JAIIB that you must cover before the exam. Find out the list below.

JAIIB IE & IFS Important Topics 2024

With the change in the syllabus and exam pattern, a lot of topics have been reshuffled. However, this also means that two or more subjects now have topics in common, mostly IE & IFS, PPB, and RBWM. Here’s a list of topics common to two or more papers and hence, is necessary for all of them.

• Derivatives Market
• Factoring, Forfaiting, and Trade Receivables Discounting System
• Venture Capital – 1 to 2 marks, also in RBWM
• Lease Finance and Hire Purchase
• Credit Rating and Credit Scoring – 1 to 2 marks, also in RBWM
• Mutual Funds – 1 to 2 marks, also in RBWM
• Insurance Products – 1 to 2 marks, also in RBWM
• Pension Products
• Para banking and financial services provided by banks – 2 to 3 marks
• Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) – 2 to 3 marks

With these topics, you have covered questions worth 15 marks.

Core Economy

These are the topics about the basic economic concepts and data that are necessary for the JAIIB exam.

• An Overview of the Indian Economy – 2 marks
• Sectors of the Indian Economy – 2 to 3 marks
• Economic Planning in India and NITI Aayog – 2 marks
• Infrastructure including social infrastructure – 2 marks
• Globalization – Impact on India – 2 marks
• Economic Reforms – 2 marks
• Foreign Trade Policy, Foreign Investments, and Economic Development – 3 marks
• International Economic Organisations (World Bank, IMF, etc.) – G20
• Climate change and Sustainable Development Goals (SDGs) – CSR – 2 marks
• Issues faced by the Indian Economy – 3 marks

With these topics, you have covered questions worth 18 marks.

Economic Concepts

These are more specific to Paper 1, ie. IE & IFS. However, these are straightforward and will not take much time to learn.

• Fundamentals of Economics, microeconomics, macroeconomics, and types of Economies – 2 marks
• Supply and demand – 2 marks
• Money supply and inflation – 2 marks
• Theories of interest
• Business cycle – 2 marks
• Monetary policy and fiscal policy – 1 to 2 marks
• System of National Accounts and GDP Concepts – 1 to 2 marks
• Union Budget – 1 to 2 marks
• Indian Financial System – An Overview – 2 marks
• Indian Banking Structure – 2 marks
• Banking Laws – Reserve Bank of India Act, 1934, and Banking Regulation Act 1949 – 4 marks

Covering these topics means you’ve covered questions worth 19 marks.

Miscellaneous Topics

These are topics to cover once you’ve covered the abovementioned topics. These contain some higher-level topics that you may skip if you cannot cover them properly.

• Financial Markets – 1 to 2 marks
• Money Markets – 2 marks
• Capital Markets and Stock Exchanges – 2 marks
• Fixed Income Markets – Debt and Bond Markets – 3 marks (more conceptual)
• Foreign Exchange Markets – FEMA – 3 marks (Priority)
• Interconnectedness and Market Dynamics – 3 to 5 marks (Priority)
• Merchant Banking Services – 2 to 3 marks.

You can get an extra 20 or so marks from these topics. Combined with the rest, you can easily secure 60-70 marks just by covering these topics in priority.

Topics Common with PPB

Certain topics are included in IE & IFS that are also in PPB. These topics will be covered in the PPB section below.

• NPCI Product
• Alternate
• e-Rupee
• NPS/SHG
• PMJDY, APY
• Mudra Scheme
• Suraksha Bhima Yojana, Jeevan Jyoti Bhima Yojna

JAIIB PPB Important Topics 2024

Next, we come to the topics you need to cover to secure the second paper of JAIIB, Principles and Practices of Banking. These are listed below with the number of marks they can earn you.

• Banker-Customer Relationship – 2 marks
• Operational Aspects of KYC – 2 to 3 marks
• The Right to Information Act, 2005 – 2 marks
• Operational Aspects of Deposit Accounts – 2 to 3 marks
• Banker’s Special Relationship – 2 to 3 marks
• Financial Inclusion and Financial Literacy – 3 marks
• Grievance Redressal and RBI Integrated Ombudsman Scheme 2021 – 2 marks
• Types of Collaterals and their Characteristics – 2 to 3 marks
• Different modes of Charging securities – 2 to 3 marks
• Non-performing Assets/Stressed Assets – 3 marks
• Important Laws Relating to Recovery of Dues – 3 marks
• Priority Sector Advances – 2 to 3 marks
• Micro, Small, and Medium Enterprises in India – 1 mark
• Government Sponsered Schemes – 3 marks
• Self-Help Groups – 2 marks
• Essentials of Bank Computerisation – 2 marks
• Operational Aspects of CBS Environment – 2 marks
• Alternative Delivery Channels – Digital Banking – 3 marks
• Data Communication Network and EFT Systems – 3 marks
• Digital Payment Systems – NPCI – 3 marks
• Impact of Technology Adoption and Trends in Banking Technology – 3 marks
• Security Considerations and Mitigation Measures in Banks – 3 marks
• Operational Aspects of Cyber Crimes/ Fraud Risk Management in Cyber Tech – 3 marks
• Technology trends in Banking, e-RUPI, Fintech – RegTech, SupTech, Hashtag Banking, etc – 2 to 3 mark

A few more topics that would give you a solid edge over the cut-off:

• Negotiable Instruments Act 1881, Sections – 181, 85, 83, etc. – 5 marks

With this, you’ll be able to get almost 63 marks.

JAIIB AFM Most Important Topics 2024

Next is Paper 3 of JAIIB, Accounting and Financial Management for Bankers or AFM. These are the topics you need to focus on to get safely over the cut off.

• Bank Reconciliation Statement – 3 marks
• Accounting Concepts – 2 marks
  • These consist of the following:
    • Business Entity
    • Money measurement
    • Going concern
    • Accounting period
    • Objectivity
    • Materiality
    • Conservatism
    • Consistency
    • Full disclosure
    • Matching
    • Revenue recognition
    • Dual aspect
    • Cost concept
• Rectification of errors: a method that depends on the timing of detection of an error ie. Before trial balance, after trial balance before final accounts, and after final accounts (in next period) – 2 marks
• Audit – 3 marks
• Depreciation – 3 marks
• Balance Sheet formula: Total assets = total shareholder’s equity + total liabilities. – 3 marks
• Corporate accounting – 3 to 4 marks
• Cash flow statement – 3 to 4 marks
• Accounts of Banking Companies – 3 to 4 marks
• Ratio analysis – 3 to 4 marks
• Yield to maturity – 4 marks
• Forex trading – 2 to 3 marks
• Cost of capital which is divided into cost of equity and debt cost – 4 marks
  • Cost of equity = risk-free rate x β + risk premium
  • Debt cost = average debt x tax shield
• Capital budgeting – 4 marks
• Operating cycle with the following process: Raw material procurement -> Work in progress -> Finished Goods -> Receivables -> Cash – 2 marks
• Income tax – 5 marks
• GST – 5 marks
• Marginal costing – 6 to 8 marks
• Standard cost – 3 to 4 marks
• Zero-based budgeting – 2 marks

Just covering these topics thoroughly will get you over 70 marks. So make sure you don’t leave any of these important topics out.

JAIIB RBWM Important Topics 2024

The fourth paper, Retail Banking and Wealth Management is a more recent addition to the JAIIB syllabus, introduced in the JAIIB June 2023 cycle. Based on the June and October 2023 cycles, we have compiled these topics as the important ones you need to cover to achieve at least 50 marks.

• Module A
  • 1: Retain Banking Introduction – 1 to 2 marks
  • 2: Retail Banking Role within the Bank Operations – 2 to 4 marks
  • 3: Applicability of Retail Banking Concepts and Distinction between Retail and Corporate/Wholesale Banking – 2 to 3 marks
  • 4: Branch Profitability – 2 to 3 marks
• Module B
  • 5: Customer requirements
  • 6: Product Development process
  • 7: Credit scoring
  • 8: Important retail liability products
  • 9: Important retail asset products
  • 10: Credit and debit cards
  • 11: Remittance products
  • 14: Recovery of retail loans
  • 16: Securitization
• Module C
  • 18: Delivery Channels in Retail Banking
  • 19: Delivery Models
  • 21: Service Standards for Retail Banking
• Module D
  • 23: Importance of Wealth Management
  • 24: Investment Management
  • 25: Tax Planning
• Module E – Additional reading material on Home Loans, important for case study
  • 27: Lender’s Appraisal Procedure
  • 28: Housing Finance and Tax Planning
  • 29: Mortgage Advice
  • 30: Valuation of Real Property

Total number of units to cover in RBWM = 22. Covering these units and their MCQs with take you over 70 marks.

JAIIB Study Material Compilation

Topics	Links
Principles And Practices Of Banking	Principles And Practices Of Banking | Study Notes For JAIIB
Reserve Bank of India	Reserve Bank of India: Organisation & Functions
Types Of Shares And Their Issue	Types Of Shares And Their Issue- Types, Classification, Bonus Shares
Understanding The Balance Sheet And Its Format	Understanding The Balance Sheets And It’s Format
Accounting And Finance For Bankers	Accounting And Finance For Bankers | Study Notes For JAIIB
Assets & Liabilities	Assets & Liabilities – Meaning, Legal Requirements and more
Public Sector Banks And Cooperative Banks	Public Sector Banks And Cooperative Banks | JAIIB Study Notes
Calculation of Interest and Annuities	Calculation of Interest and Annuities-Business Mathematics For JAIIB
Calculation of YTM	Calculation of YTM(Yield to Maturity)-Basics of Business Mathematics
Consumer Protection Act	Consumer Protection Act COPRA
Risk and Basic Risk Management Framework	Risk and Basic Risk Management Framework JAIIB
Risks in Banking Business	Risk in Banking Business
Functions of Bank	Functions of Bank – Short Notes for JAIIB Exam | Oliveboard
Consumer Protection Act– COPRA	Consumer Protection Act– COPRA for JAIIB I Oliveboard
Banking Ombudsman Scheme	Banking Ombudsman Scheme for JAIIB I Oliveboard
Essentials of Bank Computerization	Essentials of Bank Computerization for JAIIB I Oliveboard
Payments and Collecting Cheques	Payment and Collection of Cheques and Other Negotiable Instruments for JAIIB I Oliveboard
Data Communication Network	Data Communication Network and EFT Systems for JAIIB I Oliveboard
Technology Upgradation and its impact	Role of Technology Upgradation and its impact on Banks JAIIB I Oliveboard
Foreign Exchange Arithmetic	Foreign Exchange Arithmetic Free Ebook for JAIIB I Oliveboard
Indian Financial System- Overview	Indian Financial System- Overview for JAIIB I Oliveboard
Security Considerations	Security Considerations: IT Security & IT Audit for JAIIB I Oliveboard
Capital Budgeting	Capital Budgeting: Features, Methods and Process For JAIIB I Oliveboard
Depreciation and its accounting	Depreciation and Its Accounting for JAIIB I Oliveboard
Functions of Bank	Functions of Bank- Relationships, Norms & Others
Bankers’ Special Relationship	Bankers’ Special Relationship for JAIIB I Oliveboard