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JAIIB Preparation Strategy & Study Plan

Topics Covered: JAIIB Preparation Strategy, Start with Basics, Right Booklist, Follow Study Timetable, Practicing Mock Test, Analysis Tests Performance, Do’s and Dont’s, JAIIB Study Plan
There is a popular saying which goes as “behind every brilliant accomplishment, there are many hours of practice and preparation”. This statement holds true for aspirants who have this prestigious dream of clearing the JAIIB exam.  

The examination for JAIIB was initiated with purpose of imparting the candidates with basic knowledge about banking and financial services. In addition to that, it provides an opportunity for banking professionals to attain growth and promotion early on in their career.  

Therefore, clearing this exam is a ray of hope for individuals who strongly desire to progress and achieve professional development within shorter span of time.  

However, keeping in mind the vast syllabus and competent nature of the exam, it can pose as a challenge for candidates who aspire to qualify this examination.  

Hence, curating an effective preparation strategy is considered a significant aspect and the initial step in the exam preparation for JAIIB.  

As devising a comprehensive preparation plan includes a systematic study plan which would help in covering the syllabus efficiently, identify your strengths and weaknesses as well as ensure adequate practice of the type of questions asked in the exam.  

In reference to that, I will be discussing in detail the JAIIB preparation strategy and the detailed day-wise study plan which I have provided to help you ace the exam with flying colours! 

So, without further duo, let’s get started!

Table of Content – JAIIB Preparation Strategy 

JAIIB Preparation Strategy 

If you aiming to clear JAIIB 2024 exam, then having a preparation strategy is extremely important. It is crucial for candidates understand its significance as it will help the covering the exam syllabus within a specified time limit.  

To begin with, there are 4 papers in the exam pattern for JAIIB consisting of 4 modules each which are as follows: 

Paper I: Indian Economy and Indian Financial system  

  1. Module A- Indian Economic Architecture  
  2. Module B – Economic Concepts related to Banking  
  3. Module C – Indian Financial Architecture  
  4. Module D – Financial Products and Services 

Paper II: Principles and Practices of Banking  

  1. Module A- General Banking Operations  
  2. Module B – Functions of Banks  
  3. Module C – Banking Technology 
  4. Module D – Ethics in Banks and Financial Institutions 

Paper III: Accounting and Financial Management of Banking 

  1. Module A – Accounting Principles and Processes 
  2. Module B – Financial Statements and Core Banking Systems  
  3. Module C – Financial Management  
  4. Module D – Taxation and Fundamentals of Costing 

Paper IV: Retail Banking and Wealth Management 

  1. Module A – Retail Banking  
  2. Module B – Retail Products and Recovery 
  3. Module C – Support services – Marketing of Banking Services/Products  
  4. Module D – Wealth Management 

Therefore, to help you cover this latest JAIIB exam syllabus , I have mentioned below few important points that the aspirants must keep in mind and include in preparation strategy for the exam:

1. Start with the Basics

Understanding the syllabus and the exam pattern is the first and foremost step for devising JAIIB exam strategy.  An extensive knowledge of syllabus and exam structure will help you familiarize with overall framework of the exam and identification of the important topics you need to cover for the subjects.   

After thoroughly going through these above-mentioned factors, you can next start practicing the previous year question papers as it will help you comprehend the type of the questions asked. 

In case you haven’t gone through the exam pattern yet, you can refer to the detailed JAIIB exam pattern which I have provided.

2. Finding the Right Booklist for JAIIB  

Selection of the reliable books is a crucial aspect of the preparation plan for JAIIB exam. Before finding the right books, you must first be thorough with the exam syllabus.   

As for choosing a reliable book list, the website of IIBF has published a concise list of JAIIB books for each paper that will help the students in covering the syllabus.   

Since these books are provided on the official website of the Institute, the booklist naturally becomes important when it comes to JAIIB exam preparation.  

These books will cover the topics mentioned in the syllabus like economic concepts related to banking, functions of banks, accounting principles and processes and retail banking. 

You can check the comprehensive JAIIB booklist that I have provided here.

3. Follow a dedicated a Study Timetable

Taking into consideration, that many aspirants are already working in the banking sector while preparing for the exam, I will provide an overview of the number of hours you can dedicate daily to complete the JAIIB syllabus.  

Since Monday is the first day of the week and employees are tasked with huge assignments and planning of work projects for the week ahead, you start with devoting 2-3 hours on this day.  

As the week progresses, from Tuesday to Friday you can now attempt to allot at least 3- 4 hours.  

Since there is a lot of free time available for working professionals in weekends, on Saturday and Sunday, you can easily devote 8-9 hours for studying.

4. Practicing Mock Tests is a must 

Without adequate practice, it is difficult for exam candidates to assess their preparation level. Therefore, after covering each subject, you must follow it up with solving as many practice questions as you can.   

Practicing the JAIIB mock tests based on the latest exam pattern, you will be better able to familiarize with the nature of the examination as well as the type of questions asked in the paper.   

By creating exam like environment with a timer set for 2 hours, attempting several mock tests would help you efficiently prepare you for the real exam.

5. Ensure thorough Analysis of Your Test Performance 

After practicing the mock tests, it is extremely essential for the candidates to analyze your performance. Doing a comprehensive analysis of your test performance would help you identify your strengths and weaknesses.  

It will provide you an insight into your conceptual understanding of the subjects as well as an assessment of your speed and accuracy. After you gain knowledge about your weak areas, you must work on improving on them accordingly and become mindful of your speed while solving the test papers. Devote at least 1-2 hours on the exam analysis.  

This practice will ensure your readiness and boost your confidence while giving the JAIIB exam. 

After qualifying the JAIIB examination, candidates will become eligible for many benefits and allowances. To know more on this, you can click on the detailed JAIIB salary and job profile.

6. Do’s and Dont’s

  1. Have a concise list of study sources: Referring to limited number of sources instead of plethora of study material can help in saving your precious time and ensure multiple revision of the topics. 
  2. Practice as many mock tests as possible: It is always advisable for the candidates to practice as many test questions as they can. The simple reason behind this is to acclimatize yourself with exam structure and effectively understand the difficulty level of the questions asked in the paper and therefore an important part of JAIIB exam strategy.
  3. Manage your time well: During preparation period, it is extremely crucial for aspirants to learn time management.  At the same time do not forget to look after your physical and mental well – being. Therefore, ensure good nutrition, adequate sleep and adapt practices like exercise, meditation or yoga in daily life. 
  4. Limit your time on using social media: For efficient time management, the aspirants can limit the time spent on checking social media platforms like Instagram, Facebook and instead utilize the time for covering the syllabus and revise the subjects. 
  5. Avoid checking your phone frequently:  Talking about the major distractions in life, using a smartphone tops the list! Hence, the candidates are advised to keep their mobile phones at distance from themselves to ensure productivity while studying for the exam.

Before you proceed, it is important for aspirants to be aware of the latest eligibility requirements for JAIIB exam, if you haven’t gone through yet, then you can click on the linked page.

So, now that we have discussed in detail everything you need to know about JAIIB preparation, it’s time to move on to the next section.

JAIIB Study Plan

A detailed and systematic study plan would prove to be of immense help for the aspirants to clear the examination. A day and subject – wise study plan will be beneficial for you to know how much time you need to dedicate for each subject and to practice the questions. By dedicatedly following a study plan you will be able to cover the syllabus effectively.  

Keeping in mind the working aspirants for this exam, I have provided in the table below, a comprehensive day and subject wise JAIIB study plan which you can check as follows:

Days Paper / Module Topics
Paper I
Day 1st Module A - Indian Financial System 1. Indian Economy- An Overview 2. Economic Planning in India 3. Sectors of the Indian Economy
Day 2nd Module A - Indian Financial System 1. Role of Priority Sector and MSME in the Indian Economy 2. Infrastructure including Social Infrastructure 3. Globalisation – Impact on India
Day 3rd Module A - Indian Financial System 1. Economic Reforms 2. Foreign Trade Policy, Foreign Investments and Economic Development 3. International Economic Organizations (World Bank, IMF etc.)
Day 4th Module A - Indian Financial System 1. Climate change, Sustainable Development Goals (SDGs) 2. Issues facing Indian Economy
Day 5th Module B - Economic Concepts Related to Banking 1. Fundamentals of Economics, Microeconomics, Macroeconomics and Types of Economies 2. Supply and Demand 3. Money Supply and Inflation 4. Theories of Interest 5. Business Cycles
Day 6th Module B - Economic Concepts Related to Banking 1. Monetary Policy and Fiscal Policy 2. National Income and GDP Concepts 3. Union Budget 4. Indian Financial System – An Overview 5. Indian Banking Structure
Day 7th Module C - Indian Financial Architecture 1. Banking Regulation Act, 1949 and RBI Act, 1934 2. Development Financial Institutions
Day 8th Module C - Indian Financial Architecture 1. Micro Finance Institutions 2. Non-Banking Financial Companies 3. Insurance Companies
Day 9th Module C - Indian Financial Architecture 1. Indian Financial System - Regulators & their roles 2. Reforms & Developments in the Banking sector
Day 10th Module D - Financial Products and Services 1. Overview of Financial Markets 2. Money Markets and Capital Markets 3. Fixed Income Markets - Debt / Bond Markets
Day 11th Module D - Financial Products and Services 1. Capital Markets and Stock Exchanges 2. Forex Markets 3. Interconnection of various markets/Market Dynamics
Day 12th Module D - Financial Products and Services 1. Merchant Banking Services 2. Derivatives Market including Credit Default Swaps 3. Factoring, forfaiting & Trade Receivables Discounting System (TReDS) 4. Venture capital 5. Leasing and Hire Purchase
Day 13th Module D - Financial Products and Services 1. Credit Rating agencies & their functions 2. Mutual Funds 3. Insurance Products 4. Pension Funds (include APY, NPS) 5. Guidelines on Para Banking & Financial Services provided by Banks
Day 14th Module D - Financial Products and Services Real Estate Investment Funds / Infrastructure Investment Fund (concept)
Day 15th Paper 1 Mock test + Analysis
Paper 2
Day 16th Module A - General Banking Operations 1. Banker-Customer Relationship 2. AML-KYC Guidelines 3. Operational Aspects of KYC
Day 17th Module A - General Banking Operations 1. Opening Accounts of Various Types of Customers 2. Operational Aspects of Deposit Accounts 3. Operational Aspects of Handling Clearing/Collection/Cash
Day 18th Module A - General Banking Operations 1. Banker’s Special Relationship 2. Foreign Exchange Remittance Facilities for Individuals 3. Operational Aspects of NRI Business
Day 19th Module A - General Banking Operations 1. Foreign Currency Accounts for Residents and Other Aspects 2. Cash Management Services and Its Importance 3. Payment and Collection of Cheques and Other Negotiable Instruments 4. Responsibility of Paying Bank 5. Responsibility of Collecting Bank
Day 20th Module A - General Banking Operations 1. Ancillary Services 2. Financial Inclusion & Financial Literacy 3. Customer Service Guidelines 4. Duties & Rights of a Banker and Customer Rights 5. Grievance Redressal & RBI Integrated Ombudsman Scheme 2021
Day 21st Module A - General Banking Operations 1. The Consumer Protection Act, 2019: Preamble, Extent and Definitions 2. The Right to Information Act, 2005
Day 22nd Module B - Functions of Banks 1. Banker Customer Relationship 2. KYC/ AML/ CFT norms Bankers’ Special Relationship
Day 23rd Module B - Functions of Banks 1. Consumer Protection - COPRA, Banking Ombudsman Scheme 2. Payment and Collection of Cheques and Other Negotiable Instruments 3. Opening accounts of various types of customers
Day 24th Module B - Functions of Banks 1. Ancillary Services 2. Cash Operations 3. Principles of Lending, Working Capital Assessment and Credit Monitoring
Day 25th Module B - Functions of Banks 1. Priority Sector Advances 2. Agricultural Finance 3. Micro, Small, and Medium Enterprises
Day 26th Module B - Functions of Banks 1. Government Sponsored Schemes 2. Self Help Groups 3. Cards, Home Loans, Personal Loans, Consumer Loans 4. Documentation 5. Different Modes of Charging Securities
Day 27th Module B - Functions of Banks 1. Types of collaterals and their characteristics 2. Non-Performing Assets 3. Financial Literacy
Day 28th Module C - Banking Technology 1. Essentials of Bank Computerization 2. Payment Systems and Electronic Banking
Day 29th Module C - Banking Technology 1. Data Communication Network and EFT systems 2. Role of Technology Upgradation and its impact on Banks 3. Security Considerations
Day 30th Module C - Banking Technology 1. Overview of IT Act 2. Preventive Vigilance in Electronic Banking
Day 31st Module D - Ethics in Banks and Financial Institutions 1. Ethics, Business Ethics & Banking: An Integrated Perspective 2. Ethics at the Individual Level 3. Ethical Dimensions: Employees
Day 32nd Module D - Ethics in Banks and Financial Institutions 1. Work Ethics and the Workplace 2. Banking Ethics: Changing Dynamics
Day 33rd Paper 2 Mock Test + Analysis
Paper 3
Day 34th Module A - Business Mathematics and Finance 1. Definition, Scope and Accounting Standards including Ind AS 2. Basic Accountancy Procedures 3. Maintenance of Cash/Subsidiary Books and Ledger 4. Bank Reconciliation Statement 5. Trial Balance, Rectification of Errors and Adjusting & Closing Entries
Day 35th Module A - Business Mathematics and Finance 1. Depreciation & its Accounting 2. Capital and Revenue Expenditure 3. Bills of Exchange
Day 36th Module A - Business Mathematics and Finance 1. Operational Aspects of Accounting Entries 2. Back Office Functions/Handling Unreconciled Entries in Banks 3. Bank Audit & Inspection
Day 37th Module B - Financial Statement and Core Banking Systems 1. Balance Sheet Equation 2. Preparation of Final Accounts 3. Company Accounts – I
Day 38th Module B - Financial Statement and Core Banking Systems 1. Company Accounts – II 2. Cash Flow & Funds Flow 3. Final Accounts of Banking Companies 4. Core Banking Systems & Accounting in Computerised Environment
Day 39th Module C - Financial Management 1. An Overview of Financial Management 2. Ratio Analysis 3. Financial Mathematics - Calculation of Interest & Annuities
Day 40th Module C - Financial Management 1. Financial Mathematics - Calculation of YTM 2. Financial Mathematics – Forex Arithmetic 3. Capital Structure and Cost of Capital 4. Capital Investment Decisions/Term Loans 5. Equipment Leasing/Lease Financing
Day 41th Module C - Financial Management 1. Working Capital Management 2. Derivatives
Day 42nd Module D - Taxation and Fundamental of Costing 1. Taxation: Income Tax/TDS/Deferred Tax 2. Goods & Services Tax
Day 43rd Module D - Taxation and Fundamental of Costing 1. An Overview of Cost & Management Accounting 2. Costing Methods 3. Standard Costing
Day 44th Module D - Taxation and Fundamental of Costing 1. Marginal Costing 2. Budgets and Budgetary Control
Day 45th Paper 3 Mock test + Analysis
Paper 4
Day 46th Module A - Retail Banking 1. Retail Banking: Introduction 2. Retail Banking: Role within the Bank Operations 3. Applicability of Retail Banking Concepts and Distinction between Retail and Corporate/Wholesale Banking 4. Branch Profitability
Day 47th Module B - Retail Products and Recovery 1. Customer Requirements 2. Product Development Process 3. Credit Scoring 4. Important Retail Liability Products 5. Important Retail Asset Products
Day 48th Module B - Retail Products and Recovery 1. Credit and Debit Cards 2. Remittance Products 3. Digitisation of Retail Banking Products 4. Role of AI and Technology in Retail Banking 5. Recovery of Retail Loans
Day 49th Module B - Retail Products and Recovery 1. Management Information Systems 2. Securitization
50th Module C - Support Services – Marketing of Banking Services/Products 1. Marketing – An Introduction 2. Delivery Channels in Retail Banking 3. Delivery Models
Day 51st Module C - Support Services – Marketing of Banking Services/Products 1. Customer Relationship Management in Retail Banking 2. Service Standards for Retail Banking 3. Marketing Information Systems- A Longitudinal Analysis
Day 52nd Module D - Wealth Management 1. Importance of Wealth Management 2. Investment Management 3. Tax Planning
Day 53rd Module D - Wealth Management 1. Other Financial Services Provided by Banks 2. Additional Reading Material on Home Loans Lender’s Appraisal Procedure
Day 54th Module D - Wealth Management 1. Housing Finance and Tax Planning 2. Mortgage Advice 3. Valuation of Real Property
Day 55th Paper 4 Mock test + Analysis
Day 56th Rest Day
Day 57th Paper 2 Revision
Day 58th Paper 2 Revision
59th Paper 3 Revision
Day 60th aper 3 Revision
Day 61st Mock Test Paper 2 and Paper 3
Day 62nd Paper 4 Revision
Day 63rd Paper 4 Revision
Day 64th Paper 1 Revision
Day 65th Paper 1 Revision
Day 66th Mock Test Paper 4 and Paper 1
I hope with the extensive JAIIB study plan provided above, you will get an overall idea on how to strategize and cover the syllabus accordingly.

Conclusion

We have now arrived at the end of the section. Till now, we have discussed in detail everything you need to know about how to prepare for JAIIB which includes JAIIB Preparation strategy, comprehensive study plan 

I hope this detailed information will prove helpful in your exam preparation and beneficial in clearing the exam. It’s time for me to now take your leave and wish you all the best for future endeavours.  

Keep Learning!!

CEO of Anujjindal.in

About Anuj Jindal

━━━━━

Anuj Jindal, the founder, is an ex-manager from SBI, with an M.Com from Delhi School of Economics. He also has a JRF in Commerce & Management and NET in HRM, along with more than 5 years of experience in the field of Education.

FAQ: JAIIB Preparation Strategy & Study Plan

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    How can I crack JAIIB in first attempt?

    With right approach and dedicated efforts, you can definitely crack the JAIIB exam. For comprehensive study plan you can check the blog above.

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    Can I prepare for JAIIB Exam in 1 month?

    No, to clear JAIIB exam, you would need to devote at least 2 months for the JAIIB exam preparation, provided you have a detailed strategy and dedicated timetable.   

    To access a precise strategy, you can check the blog above.  

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    how many hours do I need per day to prepare for JAIIB exam?

    Taking into consideration, that aspirants for the exam are working professionals.  

    • On Mondays, you start with allocating a minimum 2-3 hours to study 
    • From Tuesday to Friday, you can increase your study time to 3-4 hours 
    • On weekend, i.e., Saturday and Sunday, you can afford to dedicate 8-9 hours for study time.  
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    Can I crack JAIIB Exam by practicing mock test only?

    No, while practicing mock tests are essential part of the JAIIB preparation, there are other factors you must keep in mind to clear the exam: 

    • Be thorough with the syllabus and exam pattern 
    • Create and follow a dedicated study plan to cover the syllabus  
    • Ensure multiple revisions of the topics  
    • Practice Previous year questions and mock tests to assess your preparation.
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    Is JAIIB exam difficult to clear?

    Yes, considering the competent nature of the exam and the vast syllabus, it is difficult to crack the exam. However, with proper strategy and determination it is possible to ace the exam. 

    You can check the detailed exam strategy provided in the blog above. 

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    What is the last 15 days strategy before JAIIB Exam?

    For the last 15 days, the candidates must focus on doing multiple revisions of the topics and solving mock tests to ensure their readiness and preparation for the real JAIIB exam.

6 Comments
  1. ayush kumar

    sir Have I cleared ppb in with 50 marks, i have to score 50 + in all three or aggregates will work?

    Reply
    • admin

      Hello Ayush,
      To clear JAIIB exam, you must score at least 45 marks in each subject and an aggregate of 50% in all subjects. So, if you have scored 50 marks in ppb, then you must ensure to score 50 marks in rest of the subjects.

      Reply
  2. rishab pal

    Sir, I am preparing for JAIIB 2023 october cycle what is the Stretegy to attempt mock test?

    Reply
    • admin

      Hello risabh,
      If you are preparing for JAIIB October cycle 2023, then you must focus on consistent revision and then attempt mock tests for JAIIB. After giving mock tests, analyse your performance and focus on improving your weaker areas till you gain confidence for the real exam. For more guidance, you can contact me on this number 9999466225.

      Reply
  3. rakesh kumar

    Sir, What are the best stretegy to clear the exam in 3 month?

    Reply
    • admin

      Hello Rakesh,
      For effective JAIIB exam preparation, you must cover the syllabus thoroughly, ensure regular revision and practice as many mock tests as possible to enhance your exam performance. For more guidance, you can contact me on this number.

      Reply
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