How to Prepare for JAIIB Exam 2024: Strategy and Study Plan

Preparing for the JAIIB exam requires a strategic approach, a clear roadmap, and effective tips, and that’s exactly what this article offers. We understand the importance of this phase in your banking career, and we aim to empower you with the best strategy and insights to qualify all 4 papers of the JAIIB exam with confidence.

This article explains the best strategy for JAIIB preparation and other essential information—pattern, syllabus, important topics, etc.—to help you qualify all papers in one attempt.

JAIIB Exam Pattern

Here’s a detailed overview of the JAIIB exam pattern:

SNo.	Papers	No. of Questions	Total Marks	Time Duration
1	Paper 1: Indian Economy and Indian Financial System (IF and IFS)	100	100	2 hours
2	Paper 2: Principles and Practices of Banking (PPB)	100	100	2 hours
3	Paper 3: Accounting & Financial Management for Bankers (AFM)	100	100	2 hours
4	Paper 4: Retail Banking and Wealth Management (RBWM)	100	100	2 hours

JAIIB Exam Pattern: Other Details

The JAIIB Exam is held online, and the type of questions are multiple-choice. Each paper carries 100 marks, and there is no negative marking for wrong answers. Each paper is held on different dates, and the duration for each paper is 2 hours. The cut-off for each paper is 50%, i.e., 50 marks out of 100. There are 50 questions of 0.5 marks, 25 of 1 mark, and 25 of 2 marks.

For your easy understanding, we have provided the above-mentioned information in a table form below.

JAIIB Exam Pattern: Important Details
Total Marks	400
Negative Marking	There is no negative marking
Marking Scheme	50 questions of 0.5 marks25 questions of 1 mark25 questions of 2 marks
Mode	Online
Nature	Objective with MCQs
Cut-Off Marks	50 marks out of 100 (for each subject)

Having acquainted yourself with the JAIIB exam pattern, let’s understand how to prepare for the JAIIB exam 2024.

JAIIB Exam 2024: How To Prepare?

The JAIIB paper is qualifying in nature, and the minimum marks required to pass in each subject is 50 out of 100. Candidates must secure at least 45 marks in each subject with an aggregate of 50% marks in all subjects of the examination in a single attempt to clear the exam. However, achieving the target of scoring 50 marks in each subject is not a simple task. It requires a practical preparation strategy, a disciplined approach, and effective time management.

Here’s a step-by-step guide to help you prepare effectively:

Step 1: Make Up Your Mind

The initial step for the JAIIB Exam begins with making up your mind. Having already succeeded in a competitive exam to secure a position as a clerk or an officer, with dedicated effort, cracking JAIIB is well within reach. 

Make sure you don’t make any excuses, as making excuses will hinder your progress, resulting in both financial and confidence setbacks. Moreover, don’t be content with your current position. Always motivate yourself (be it monetary benefits, promotion, etc.) and make up a firm mind to clear the exam. 

Step 2: Understand the JAIIB Exam Pattern and Syllabus

Familiarise yourself with the exam pattern, marking scheme, and syllabus. Understand the number of papers, subjects, modules of each subject, and important topics. Below, we have explained the old and new JAIIB exam syllabus.

JAIIB Exam: Old Syllabus 

To qualify the JAIIB Exam of 2022, aspirants had to clear 3 papers as described below.

Papers	Modules	Syllabus
Paper 1: Principles and Practices of Banking (PPB)	Module A	Indian Financial System
	Module B	Functions of Banks
	Module C	Banking Technology
	Module D	Support Services, Marketing of Banking
	Module E	Ethics in Bank and Financial Institutions
Paper 2: Accounting and Finance For Bankers (AFB)	Module A	Business Mathematics and Finance
	Module B	Principles of Bookkeeping and Accounting
	Module C	Final Accounts
	Module D	Banking Operations
Paper 3: Legal and Regulatory Aspects of Banking (LRAB)	Module A	Regulations and Compliance
	Module B	Legal Aspects of Banking Operations
	Module C	Banking Related Laws
	Module D	Commercial Laws with Reference to Banking Operations

JAIIB Exam: New Syllabus

For the 2023 exam, IIBF has revised the JAIIB Syllabus. The JAIIB exam from 2023 onwards syllabus consists of four papers, each further divided into four modules. The detailed JAIIB exam syllabus is explained below:

Papers	Modules	Syllabus
Paper 1: Indian Economy and Indian Financial System (IEIFS)	Module A	Indian Economic Architecture
	Module B	Economic Concept Related to Banking
	Module C	Indian Financial Architecture
	Module D	Financial Products and Services
Paper 2: Principles and Practices of Banking (PPB)	Module A	General Banking Operations
	Module B	Functions of Banks
	Module C	Banking Technology
	Module D	Ethics in Bank & Financial Institutions
Paper 3: Accounting & Financial Management for Bankers (AFM)	Module A	Accounting Principles and Processes
	Module B	Financial Statement and Core Banking Systems
	Module C	Financial Management
	Module D	Taxation and Fundamental of Costing
Paper 4: Retail Banking and Wealth Management (RBWM)	Module A	Retail Banking
	Module B	Retail Products and Recovery
	Module C	Support Services – Marketing of Banking Services/Products
	Module D	Wealth Management

Step 3: Identify Sources

After understanding your subjects, it’s time to identify your sources for preparation. The market is filled with a variety of sources, both online and offline, creating confusion about which source to consider. Avoid confusion by clearly defining which source to utilise for each specific subject or topic. Here are some important points to consider while selecting your sources:

Online Sources

Here are the online sources for the JAIIB exam:

1. IIBF e-Learning Portal

IIBF offers an e-learning portal where you can access digital study material, online courses, and mock tests to prepare for the JAIIB exam. This is an excellent resource to enhance your understanding of the exam topics.

2. Online Learning Platforms

There are multiple online learning platforms that offer JAIIB courses. These platforms offer a wide range of study materials, interactive lessons, practice quizzes, mock tests, and guidance from experienced educators.

3. YouTube Channels

Several YouTube channels provide free tutorials and explanations on JAIIB topics. You should choose one reliable channel that offers quality video lectures.

Offline Sources

Here are the offline sources for the JAIIB exam:

1. IIBF Study Material

IIBF provides official study material for JAIIB. They cover the entire syllabus and are a reliable source for understanding the concepts.

2. Coaching Institutes

Enrol in reputable coaching institutes that offer specialised JAIIB preparation classes. Experienced faculty can guide you through the syllabus, provide tips, and conduct regular mock tests.

3. Books

Take help from recommended JAIIB preparation books authored by renowned professionals. Look for books that cover all subjects and important topics and have practice questions.

Important Note

Remember to choose sources that align with your learning style and preferences. Combine offline with online resources for a well-rounded preparation strategy.

Step 4: Know Your Approach

You should analyse the syllabus of each subject and understand the topics. Review the questions asked in previous years’ papers to identify the important topics from each subject. Additionally, ensure you have a practical approach to develop a comprehensive study plan covering all subjects. Allocate time for each topic based on its weightage in the exam and your comfort level with the subject.

Step 5: Self-Study or Coaching

To identify whether you can do self-study or need coaching, you need to ask yourself these questions.

1. Do you have basic knowledge of each subject?
2. Can you analyse the previous years’ papers on your own?
3. Can you understand topics from books and other free materials on your own?
4. Can you ensure self-discipline?

If you can do all of the above-mentioned points, you can clear the exam using free materials and self-study. However, if you cannot, coaching will help you prepare for the JAIIB exam.

Having said this, always remember that coaching serves 4 important purposes:

• The expert faculty does the hard part of analysing the previous years’ questions.
• You get everything you need to clear the exam in one place, and this saves you time.
• You get doubts support, so whenever you have any doubt related to any subject, you know there is a mentor you can contact.
• You get a community of like-minded people sailing in the same boat as yours, giving a feeling of belongingness.

This is an overall strategy for your JAIIB preparation. In the below sections, we have explained the subject-wise strategy for JAIIB preparation.

Subject Wise Strategy for the JAIIB Preparation

1. How to Prepare for Paper 1: Indian Economy and Indian Financial System (IE&IFS)?

Before finding out how to prepare for the Indian Economy and Indian Financial System, let’s analyse the most important topics for IE&IFS.

Most Important Topics for the Indian Economy and Indian Financial System

We have analysed the number of questions asked in the previous paper from each module of IE&IFS to identify the most important topics. Here are the most important topics for JAIIB IE&IFS paper.

1. Module A

Module A: Indian Economic Architecture
SNo.	Chapters	Topics
1	An Overview of the Indian Economy	Basic Characteristics of Indian Economy – World Bank Classification Economy till 2008 & after 2008 – Hindu Rate & Growth
2	Sectors of the Indian Economy	Role & Importance of Primary, Secondary & Tertiary Sector Sunrise Sector of Indian Economy
3	Economic Planning in India and NITI Aayog	Five Years Plans in India NITI Aayog – Strategy for New India @ 75
4	Role of Priority Sector and MSME in the Indian Economy	List of Priority Sectors Identified in India & PSL Targets
5	Infrastructure including Social Infrastructure	Energy Power, Transport system viz., Rail, Road, Civil Aviation – Initiative given
6	Economic Reforms	Economic Transformation – Financial Sector – Narasimham Committee
7	Foreign Trade Policy, Foreign Investments, and Economic Development	FDIs, FIIS, and Recent Trends
8	Climate Change, Sustainable Development Goals (SDGs)	India’s progress in SDGs, including Climate change, CSR Activities – Initiatives, CoP 26, CSR

2. Module B

Module B: Economic Concepts Related to Banking
SNo.	Chapters	Topics
1	Fundamentals of Economics, Microeconomics, Macroeconomics, and Types of Economies	Economics – An Introduction – The Three Definitions
2	Supply and Demand	Forces Behind the Demand Curve
3	Money Supply and Inflation	Money Supply – Measures, Money Multiplier, Velocity, Characteristics of Currency Measures of Inflation – CPI, WPI, GDP Deflator
4	Theories of Interest	Keynes’ Liquidity Preference Theory of Rate of Interest Effect of Fiscal and Monetary
5	Business Cycles	Characteristics of a Business Cycle
6	Monetary Policy and Fiscal Policy	GDP and Related Concepts Utility
7	National Income and GDP Concepts	FDIs, FIIS, and Recent Trends
8	Union Budget	Expenditure & Receipts

3. Module C

Module C: Indian Financial Architecture
SNo.	Chapters	Topics
1	Indian Financial System – An overview	Phase I & II: Bank Nationalisation
2	Indian Banking Structure	Types of Banks
3	Banking Regulation Act, 1949 and RBI Act, 1934	RBI Act, 1934 – Paid-up Capital and Board of Directors Banking Regulation Act, 1949
4	Development Financial Institutions	Evolution of DFIs National Bank for Financing Infrastructure and Development (NaBFID)
5	Micro Finance Institutions	Evolution of Microfinance in India and PSL norms SHG-Bank Linkage
6	Non-Banking Financial Companies	NBFS Definition and types
7	Insurance Companies	Privatisation and Foreign Direct Investment (FDI) in Insurance Sector
8	Reforms & Developments in the Banking Sector	Bad Bank

4. Module D

Module D: Financial Products and Services
SNo.	Chapters	Topics
1	Overview of Financial Markets	Price Discovery
2	Money Markets and Capital Markets	Notice Money and Term Money Repo, LTRO, TLTRO
3	Fixed Income Markets – Debt/Bond Markets	Bond Valuation and Theorems Derivatives Association of India RBI Retail Direct Scheme (RDS)
4	Forex Markets	Foreign Exchange Management Act (FEA), 1999
5	Interconnection of various markets/Market Dynamics	Asian Clearing Union
6	Merchant Banking Services	Definition and SEBI Regulations
7	Factoring, Forfaiting & TreDS	Definition & Types
8	Venture Capital	Concept of Venture Capital, Stages & Exit routes
9	Leasing and Hire Purchase	Definition, Types, and Parties Involved
10	Credit Rating Agencies & their Functions	Credit Rating Agency (CRAs) – Definition & History
11	Insurance Products & Ch43. Pension Funds (include APY, NPS)	Government Products – Insurance (PMJJBY, PMSBY) & Pension (APT, PPF, NPS)
12	Real Estate Investment Funds/ Infrastructure Investment Fund	REITs & InvITs – Definition & Types

Now that you have understood the important topics, let’s understand the books and other sources that can help you in preparation. 

Best Books and Sources for IE&IFS Preparation

Here are the best books and sources to prepare for JAIIB Paper 1 – IE & IFS:

Best Books and Sources for IE & IFS Preparation
SNo.	Books	Author	Publisher	Buy Here
1	NCERT Economy Books for Class XI & XII	NCERT	NCERT	Buy Online
2	Indian Economy & Indian Financial System	IIBF	Macmillan	Buy Online

Other Recommended Sources

• Free Videos: YouTube Videos
• Online Course: EduTap Complete JAIIB Master Course
• Online Course: EduTap JAIIB IE&IFS Master Course

Once you have a comprehensive understanding of the crucial topics, recommended books, and other essential resources, it’s time to commence your preparation for Paper 1.

Strategy to Prepare for JAIIB IE&IFS

Follow the below-mentioned strategy to prepare for JAIIB IE&IFS:

1. Start with Module D

While preparing for IE&IFS paper, it is highly recommended to start with Module D. It is because, in the 2023 May exam, the maximum number of questions (around 30 to 35 marks) in Paper 1 were asked from Module D. Moreover, although this module has more chapters than other modules, these chapters are small and less time-consuming.

2. Proceed with Modules A & B

After Module D, start reading Modules A and B. These modules are related to each other, making it more beneficial to read these together. Moreover, Module B is the second-highest scoring module, following Module D.

3. Finally, Go for Module C

Keep Module C for the last, as its chapters are lengthy and require more time than the other modules. 

Now that you have understood how to prepare for Paper 1, IE&IFS, let’s understand how to prepare for Paper 2, PPB.

2. How to Prepare for Paper 2: Principles and Practices of Banking (PPB)

Before finding out how to prepare for Principles and Practices of Banking, let’s analyse the most important topics for PPB.

Most Important Topics for Principles and Practices of Banking

We have analysed the topic-wise yearly trend of the number of questions asked from each module of PPB to identify the most important topics. Here are the most important topics for the JAIIB PPB paper.

1. Module A:

Module A: General Banking Operations
SNo.	Chapters	Topics
1	Banker-Customer Relationship	Banker-Customer Relationship
2	AML-KYC Guidelines	PMLA, Reporting Obligations
3	Operational Aspects of KYC	KYC-Individuals
4	Opening A/C of Various types of Customers	Individuals, KJoint, Illiterate, Blind, Minor, Partnership, LLP
5	Operational Aspects ofDeposit A/Cs	Operational Instructions in Joint Accounts, Attachment Orders
6	Operational Aspects of Handling Cash	CTS
7	Banker’s Special Relationship	Mandate, POA, Lien, Appropriation
8	Dorex Remittance Facilities for Individuals	LRS, Outward Remittances
9	Aspects of NRI Business	NRE, NRO, FCNR, SNRR
10	Foreign Currency A/Cs for Residents	Foreign Currency Denomination A/Cs
11	Payment and collection of Cheques and other Negotiable Instruments	NIA, Paying & Collecting Bank Duties, Endorsement, Crossing, and Dishonour
12	Ancillary Services	Demand Draft Locker
13	Duties & Rights of a Banker and Customer	Termination of BCSBI Codes
14	Grievance Redressal & RBI Integrated Ombudsman Scheme	Ombudsman Scheme
15	The Consumer Protection Act, 2019	Product Liability, Councils, Commissions
16	Right to Information Act, 2005	PIOs, Anneals, Public Authority

2. Module B:

Module B: Functions of Banks
SNo.	Chapters	Topics
1	Principle of Lending	Types of Borrowers, Credit facilities
2	Appraisal & Assessment of Credit Facilities	Only Definitions
3	Operational Aspects of Loan Accounts	Common Loan Products
4	Types of Collaterals & Their Characteristics	Immovable Property, LTV ratios, nature of charge created
5	Different Modes of Charging Securities	Full Chapter
6	NPAs/Stressed Assets	Asset classification, SMA, Wilful Defaulters (Table)
7	Important Laws Relating to Recovery of Dues	Basics of Acts
8	Contracts of Guarantee	Types of Guarantee
9	Contract of Indemnity	Full Chapter
10	Letters of Credit	Types, Documents
11	Laws Relating to Bill Finance	Classification of Bills
12	Priority Sector Advances	Targets/Sub-Targets & Categories
13	Agricultural Finance	KCC, PMFBY, MSP
14	MSMEs in India	Classification, TreDS, PM savNIDHI
15	Government Sponsored Scheme	In News
16	GHGs	Full Chapter

3. Module C:

Module C: Banking Technology
SNo.	Chapters	Topics
1	Essential of Bank Computerisation	Networking Technology, definitions
2	ADC-Digital Banking	ATM, Electromagnetics Cards, Net Banking
3	Data Communication Network and EFT Systems	NEFT, RTGS, SWIFT, Definitions
4	Digital Payment System – NPCI	Full Chapter
5	Technology Trends in Banking	AI, Chatbots, Blockchains, Crypto, VR, AR, 5G
6	Security Considerations	Vising, Smishing, Malware, Phishing

4. Module D:

Module D: Ethics in Banking & Financial Institutions
SNo.	Chapters	Topics
1	Ethics, Business Ethics & Banking	Ethics & Value
2	Ethics at Individual Level	Golden Rule, Ethical Dilemmas
3	Ethics Dimensions – Employees	Insider Trading, Job discrimination
4	Work Ethics and the Workplace	Whistleblowing

Now that you have understood the important topics, let’s understand the books and other sources that can help you in preparation. 

Best Books and Sources for PPB Preparation

Here are the best books and sources to prepare for JAIIB Paper 2—PPB:

Best Book and Sources for PPB Preparation
SNo.	Books	Author	Publisher	Buy Here
1	Principles & Practices of Banking	IIBF	Macmillan	Buy Online

Other Recommended Sources

• Free Videos: YouTube Videos
• Other Source: RBI Circulars Till Deadline Mentioned in Syllabus
• Online Course: EduTap Complete JAIIB Master Course
• Online Course: EduTap JAIIB PPB Master Course

Once you have a comprehensive understanding of the crucial topics, recommended books, and other essential resources, it’s time to commence your preparation for Paper 2.

Strategy to Prepare for JAIIB PPB

Follow the below-mentioned strategy to prepare for JAIIB PPB:

1. Start with Modules A and B

While preparing for the PPB paper, you should start with Modules A and B. You should allocate the majority of your allotted time for PPB to Modules A and B.

2. Don’t Skip Modules C and D

Many people recommend skipping Modules C and D and only focusing on Modules A and B to clear the paper. This approach may help you clear the paper, but it might limit your potential for achieving high scores. On the other hand, if the paper contains challenging questions, this approach could make it difficult for you to clear the exam.

We highly recommend not skipping Modules C and D. However, in case of time constraints, ensure you cover at least the fundamental concepts of Modules C and D.

Now that you have understood how to prepare for Paper 2, PPB, let’s understand how to prepare for Paper 3, AFM.

3. How to Prepare for Paper 3: Accounting & Financial Management for Bankers (AFM)

Before finding out how to prepare for Accounting and Financial Management for Bankers, let’s analyse the most important topics for AFM. 

Most Important Topics for Accounting & Financial Management for Bankers

We have analysed the topic-wise yearly trend of the number of questions asked from each module of AFM to identify the most important topics. Here are the most important topics for the JAIIB AFM paper.

1. Module A

Module A: Accounting Principles & Processes
SNo.	Chapters	Topics
1	Definition, Scope, and Accounting Standards, including IndAS	Accounting Standards
2	Basic Accountancy Procedures	Concepts of Accountancy
3	Maintenance of Cash/Subsidiary Books and Ledger	Rules of Debit & Credit
4	Bank Reconciliation Statement	Bank Reconciliation Statement
5	Trial Balance, Rectification of Errors and Adjusting & Closing Entries	Types of Errors & Suspense Accounts
6	Depreciation & its Accounting	Different Methods of Depreciation
7	Capital & Revenue Expenditure	Examples of Capital & Revenue Expenditure
8	Bills of Exchange	Important Terms Related to Bills of Exchange
9	Back Office Functions/Handling Unreconciled Entries in Banks	Reconciliation of Inter Branch/Office Entries
10	Bank Audit & Inspection	Types of Bank Audits & Their Details

2. Module B

Module B: Financial Statement and Core Banking Systems
SNo.	Chapters	Topics
1	Preparation of Final Accounts	Preparation of Balance Sheet and Profit & Loss Account
2	Company Accounts – I	Definition & Types of Companies
3	Company Accounts – II	Form of Balance Sheet
4	Cash Flow & Funds Flow	Components of Cash Flow
5	Final Accounts of Banking Companies	Preparation of Final Systems & Disclosure Requirements
6	Core Banking Systems & Accounting in Computerised	Terms, Advantages & Disadvantages of Computerised Accounting

3. Module C

Module C: Financial Management
SNo.	Chapters	Topics
1	Financial Management – An Overview	Principles, Risk Return Trade-Off, Ethics & Social Responsibility
2	Ratio Analysis	Different Types of Ratios
3	Financial Mathematics – Calculation of Interest and Annuities	Calculation of Simple & Compound Interest and Definition of Annuities
4	Financial Mathematics – Calculation of YTM	Bond Theorems, Bond Price Volatility
5	Capital Structure & Cost of Capital	Approaches and Weighted Average Cost of Capital
6	Equipment Leasing/Lease Financing	Types of Leases
7	Working Capital Management	Working Capital Cycle
8	Derivatives	Types of Derivatives

4. Module D

Module D: Taxation & Fundamentals of Costing
SNo.	Chapters	Topics
1	Taxation: Income Tax/TDS/Deferred Tax	TCS, TDS, and Deductions
2	An Overview of Cost & Management Accounting	Methods & Significance of Cost & Management Accounting
3	Costing Methods	Applications of Costing Methods
4	Standard Costing	Applications of Standard Methods
5	Marginal Costing	Profit Volume Ratio & its Significance
6	Budget & Budgetary Control	Types of Budget

Now that you have understood the important topics, let’s understand the books and other sources that can help you in preparation. 

Best Books and Sources for AFM Preparation

Here are the best books and sources to prepare for JAIIB Paper 3 – AFM:

Best Books and Sources for AFM Preparation
SNo.	Books	Author	Publisher	Buy Here
1	Class XI – Financial Accounting Part 1	NCERT	NCERT	Buy Online
2	Class XI – Financial Accounting Part 2	NCERT	NCERT	Buy Online
3	Class XII – Company Accounts & Analysis of Financial Statements	NCERT	NCERT	Buy Online
4	Accounting & Financial Management For Bankers	IIBF	Macmillan	Buy Online

Other Recommended Sources

• Free Videos: YouTube Videos
• Online Course: EduTap Complete JAIIB Master Course
• Online Course: EduTap JAIIB AFM Master Course

Once you have a comprehensive understanding of the crucial topics, recommended books, and other essential resources, it’s time to commence your preparation for Paper 3.

Strategy to Prepare for JAIIB AFM

Follow the below-mentioned strategy to prepare for JAIIB AFM:

1. Start with Module C and A

When focusing on AFM preparation, prioritise Module C as it is one of the highest-scoring modules, followed by Module A.

2. Proceed with Module D

Once you’ve finished Modules C and A, it’s time to progress to Module D.

3. Finally, Module B

Keep Module B for the last, as it tends to have a lower scoring potential. Moreover, if time is a constraint, you can opt to skip this module.

4. Practise Numericals

Practise as many numericals as you can, especially from Modules A and D. Questions from these modules are primarily formula-based, making them easily solvable by applying the appropriate formulas and inputting the given values. Numericals from Module C are more complicated and require more time to solve.

Now that you have understood how to prepare for Paper 3, AFM, let’s understand how to prepare for Paper 4, RBWM.

4. How to Prepare for Paper 4: Retail Banking and Wealth Management (RBWM)

Before finding out how to prepare for Retail Banking and Wealth Management, let’s analyse the most important topics for RBWM.

Most Important Topics for Retail Banking and Wealth Management

We have analysed the topic-wise yearly trend of the number of questions asked from each module of RBWM to identify the most important topics. Here are the most important topics for the JAIIB RBWM paper.

1. Module A

Module A: Retail Banking
SNo.	Chapters	Topics
1	Retail Banking: Introduction	Characteristics, advantages, and constraints in Retail Banking
2	Retail Banking: Role within the Bank Operations	Business Models
3	Applicability of Retail Banking Concepts and Distinction between Retail and Corporate/Wholesale Banking	Distinction between Retail and Corporate/ Wholesale Banking
4	Branch Profitability	Categories of Profit, Return on Asset, Return on Equity, Branch Operating Efficiency, Factors affecting profitability

2. Module B

Module B: Retail Products and Recovery
SNo.	Chapters	Topics
1	Customer Requirements	Maslow’s Theory
2	Product Development Process	Product Life Cycle, Debit or Credit Products, Third Party Products, Product Management
3	Credit Scoring	Credit Scoring Model, Credit Information Companies in India, Issues in Credit Scoring
4	Important Retail Liability Products	Types of deposits
5	Important Retail Asset products	PMAY, Types of Loans
6	Credit and Debit Cards	Co-Branded Cards
7	Remittance Products	NEFT, RTGS, ECS, NACH, BBPS, AePS
8	Digitisation of Retail banking Products	IDRBT, INFINET, SFMS, ISCC, NFS
9	Role of AI and Technology in Retail Banking Products	Benefits of AI in Retail Banking
10	Recovery of Retail Loans	SARFAESIAct, DRT, Lok Adalat
11	Management Information Systems	Role of MIS in Banking Industry
12	Securitisation	Securitisation of Assets

3. Module C

Module C: Support Services – Marketing of Banking Services/Products
SNo.	Chapters	Topics
1	Marketing: An Introduction	Marketing Mix
2	Delivery Channels in Retail Banking	Channel Experience, Internet Banking
3	Delivery Models	Direct Selling Agents, Dedicated Marketing Managers
4	Customer Relationship Management in Retail Banking	Implementation of Process of CRM, Benefits of CRM
5	Service Standards for Retail Banking	BCSBI Customer Grievance Handling
6	Marketing Information System: A Longitudinal Analysis	Functions of MKIS

4. Module D

Module D: Wealth Management
SNo.	Chapters	Topics
1	Importance of Wealth Management	Instruments of Wealth Management
2	Investment Management	Portfolio Management
3	Tax Planning	All Topics
4	Other Financial Services Provided by Banks	All Topics

Now that you have understood the important topics, let’s understand the books and other sources that can help you in preparation. 

Best Books and Sources for RBWM Preparation

Here are the best books and sources to prepare for JAIIB Paper 4 – RBWM:

Best Books and Sources for RBWM Preparation
SNo.	Books	Author	Publisher	Buy Here
1	Retail Banking & Wealth Management	IIBF	Macmillan	Buy Online

Other Recommended Sources

• Free Videos: YouTube Videos
• Other Source: Retail Banking
• Online Course: EduTap Complete JAIIB Master Course
• Online Course: EduTap JAIIB RBWM Master Course

Once you have a comprehensive understanding of the crucial topics, recommended books, and other essential resources, it’s time to commence your preparation for Paper 4.

Strategy to Prepare for JAIIB RBWM

Follow the below-mentioned strategy to prepare for the JAIIB RBWM paper:

1. Start with Modules A, B, and C

For RBWM preparation, you should start with Module A, proceed to B, and then cover C. The RBWM syllabus is concise, allowing for efficient completion of these three modules within a reasonable timeframe.

2. Conclude Your Preparation with Module D

Once Modules A, B, and C are completed, proceed to Module D. However, in case of time constraints, you may choose to skip this module.

Now that you have your subject-wise strategies, take a look at the time table for the JAIIB preparation. 

Time Table For the JAIIB 2024 Preparation 

Here’s an effective subject-wise timetable/study plan that you can customise according to your strengths, weaknesses, and the available time you have:

1. Indian Economy and Indian Financial System

Follow the below-mentioned study plan to prepare for the Indian Economy and Indian Financial System:

Indian Economy and Indian Financial System
SNo.	Module	Time	Instructions
1	Module A: Indian Economic Architecture	7 Hours	The most important chapter is- Role of Priority Sector and MSME in the Indian Economy. You can ignore chapters like Globalisation, Economic Reforms and Issues FacingIndian Economy.
2	Module B: Economic Concepts Related To Banking	5 Hours	Learn the basic concepts and definitions. Depth of concept and understanding of the lines given in the book is necessary
3	Module C: Indian Financial Architecture	6 Hours	Questions asked from the chapters are deep. Go through the facts and revise them multiple times.
4	Module D: Financial Products And Services	12 Hours	This is the most important Module. Almost ⅓ rd paper from here. Questions asked from the chapters are deep.Go through the facts and revise them multiple times.
	Total	30 Hours

2. Principles and Practices of Banking

Follow the below-mentioned study plan to prepare for Principles and Practices of Banking:

Principles and Practices of Banking
SNo.	Module	Time	Instructions
1	Module A: General Banking Operations	15 Hours	Easy and scoring Module. A clear understanding of the topics is a must.
2	Module B: Functions Of Banks	12 Hours	Most important from the examination point of view. Multiple revisions of the important topics
3	Module C: Banking Technology	8 Hours	Technical topics Need to have basic knowledge of ICT
4	Module D: Ethics In Banks And Financial Institutions	10 Hours	Understanding of the topic is important Relate the theory with your day-to-day experience
	Total	45 Hours

3. Accounting and Financial Management for Bankers

Follow the below-mentioned study plan to prepare for Accounting and Financial Management for Bankers:

Accounting and Financial Management for Bankers
SNo.	Module	Time	Instructions
1	Module A: Accounting Principles and Processes	8 Hours	Clear the concept of debit/credit. Don’t go into details of accounting standards. Just learn the number and objective.
2	Module B: Financial Statement and Core Banking Systems	7 Hours	Learn the basic concepts and definitions. Learn the schedule for the final accounts of banks.
3	Module C: Financial Management	10 Hours	Types of ratios.Practice as many numericals as you can. A calculator is allowed in the examination.
4	Module D: Taxation and Fundamental of Costing	5 Hours	New addition to the syllabus. Very basic coverage of topics. You can fetch more marks with less effort.
	Total	30 Hours

4. Retail Banking and Wealth Management

Follow the below-mentioned study plan to prepare for Retail Banking and Wealth Management:

Retail Banking and Wealth Management
SNo.	Module	Time	Instructions
1	Module A: Retail Banking	4 Hours	Simple and scoring Module
2	Module B: Retail Products and Recovery	8 Hours	Linked to banking work A clear understanding of the basics is a must Solve previous CAIIB Questions
3	Module C: Support Services – Marketing of Banking Services/Products	5 Hours	Theoretical Topics – so simple reading will serve the purpose Link it with your daily bank work
4	Module D: Wealth Management	10 Hours	Careful reading is required for a better understanding of the topics Keep yourself updated with recent developments
	Total	22 Hours

General Tips:

• Adjust the above timetable to suit your specific needs.
• Take short breaks (5-10 minutes) between sessions.
• Practise as many mock tests as possible and review your performance, identify your weak areas, and dedicate more time to them.
• Structure your study plan to align with your daily routine. For working professionals, consider dedicating extended study periods on weekends to optimise exam preparation.

Conclusion

In conclusion, preparing for the JAIIB 2024 exam demands a strategic and disciplined approach. The initial exam preparation steps include the following:

• Understanding the exam syllabus
• Acknowledging the weightage of each module
• Identifying your strengths and weaknesses
• Identifying the important topics to focus
• Creating a realistic study schedule and adhering to it religiously

Remember, success in the JAIIB 2024 exam is a journey that requires dedication. Stay focused, stay motivated, utilise available study resources, seek guidance when needed, and you’ll undoubtedly excel in this exam.

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