Phone : 0700DIALCIBN
(070034252426)
Email: cibn@cibng.org

Exemptions


Exemption Details for Diploma Examination
S/N Qualifications Exemptions Applicable Subjects to be examined
1 ND/NCE
ND/NCE(Banking and Finance)or(Financial Studies) from Institutions on Linkage Partnership
  • All subjects at Diploma level EXCEPT Quantitative Techniques
  • Quantitative techniques
2 CIBN Accredited Institutions
ND/NCE(Banking and Finance)
  • All subjects at Diploma level EXCEPT Quantitative Techniques and Information &Communication Technology
  • Information and Communication Technology
  • Quantitative Techniques
3 Non-accredited ND/NCE
ND/NCE(Banking & Finance)or(Business-related Courses)
  • Subjects for subjects based on Official Transcript
  • Information and Communication Technology
  • Quantitative Techniques
  • Elements of Banking**
  • Basic Economics**
  • Accounting and Business Finance**
  • Business Law**
  • Fundamentals of Marketing**
  • Business Communications Skills**
4 Other qualifications accepted by the Institute
  • Subject for subjects based on Official Transcript
  • Information and Communication Technology
  • Quantitative Techniques
  • Elements of Banking**
  • Basic Economics**
  • Accounting and Business Finance**
  • Business Law**
  • Fundamentals of Marketing**
  • FBusiness Communication Skills**
(b) Exemptions for ACIB Professional Examination
1 ACIB Degree/HND Linkage
B.Sc/HND(Banking & Finance)from Institutions on the Linkage Programme
  • All subjects at Intermediate Professional level EXCEPT International Tradeand Finance
  • Management of Financial Institutions at Chartered Banker Level based on transcripts
Intermediate Professional Level
  • International Trade and Finance

Chartered Banker level
  • Banking Law, Ethics and Corporate Governance
  • Bank Lending and Credit Administration
  • Practice of Banking

Plus one Elective from the following
  • Financial Planning and Control
  • Treasury Management
  • Human Capital Management
  • Banking Regulation and Supervision
  • Principles and Practice of Risk Management
2 CIBN-Accredited Institutions
B.Sc/HND(Banking & Finance)from Institutions accredited by CIBN
  • At Intermediate professional level, exemption granted include:Financial Economics, Financial & Management Accounting, Marketing of Financial Services
Intermediate Professional Level
  • International Trade and Finance
  • Strategic Management and Leadership
  • Corporate Financial Management**

Chartered Banker level
  • Banking Law, Ethics and Corporate Governance
  • Bank Lending and Credit Administration
  • Management of Financial Institutions
  • Practice of Banking

Plus one Elective from the following
  • Financial Planning and Control
  • Treasury Management
  • Human Capital Management
  • Banking Regulation and Supervision
  • Principles and Practice of Risk Management
3 Non-Accredited Institutions
B.Sc/HND(Banking & Finance) from Institutions not accredited by CIBN
  • At Intermediate Professional level exemptions granted include Financial Economics
  • None at Chartered Level
Intermediate Professional Level
  • International Trade and Finance
  • Strategic Management and Leadership
  • Financial Management Accounting
  • Corporate Financial Management
  • Marketing of Financial Services
  • Strategic Management and Leadership

Chartered Banker level
  • Banking Law, Ethics and Corporate Governance
  • Bank Lending and Credit Administration
  • Management of Financial Institutions
  • Practice of Banking

Plus one Elective from the following
  • Financial Planning and Control
  • Treasury Management
  • Human Capital Management
  • Banking Regulation and Supervision
  • Principles and Practice of Risk Management
4 Related Disciplines
B.Sc/HND in related disciplines, e.g. Business Administration, Economics, Accountancy, etc.
  • Subject for subject exemption at Intermediate Professional level with the Exemption of International Trade and Finance
  • None at Chartered Level
Intermediate Professional Level
  • International Trade and Finance
  • Financial Economics**
  • Financial Management Accounting**
  • Strategic Management and Leadership**
  • Corporate Financial Management**
  • Marketing of Financial Services

Chartered Banker level
  • Banking Law, Ethics and Corporate Governance
  • Bank Lending and Credit Administration
  • Management of Financial Institutions
  • Practice of Banking

Plus one Elective from the following
  • Financial Planning and Control
  • Treasury Management
  • Human Capital Management
  • Banking Regulation and Supervision
  • Principles and Practice of Risk Management
5 Other Related Professional Qualifications
Holders of Professional Qualifications e.g. ACA, ACCA, ACIS, ACTI, ACS
  • Subject for subject exemption at Intermediate Professional level with the Exemption of International Trade and Finance
  • None at Chartered Level
Intermediate Professional Level
  • International Trade and Finance
  • Financial Economics**
  • Strategic Management and Leadership**
  • Corporate Financial Management**
  • Marketing of Financial Services

Chartered Banker level
  • Banking Law, Ethics and Corporate Governance
  • Bank Lending and Credit Administration
  • Management of Financial Institutions
  • Practice of Banking

Plus one Elective from the following
  • Financial Planning and Control
  • Treasury Management
  • Human Capital Management
  • Banking Regulation and Supervision
  • Principles and Practice of Risk Management
6 ACIB/M.Sc. Banking & Finance, MBF, MBA (Finance option) Linkage
  • All subject at Intermediate Professional level EXCEPT International Trade and Finance
  • Management of Financial Institutions at Chartered Banker level based on transcript
Intermediate Professional Level
  • International Trade and Finance

Chartered Banker level
  • Banking Law, Ethics and Corporate Governance
  • Bank Lending and Credit Administration
  • Practice of Banking

Plus one Elective from the following
  • Financial Planning and Control
  • Treasury Management
  • Human Capital Management
  • Banking Regulation and Supervision
  • Principles and Practice of Risk Management
7 M.Sc. Banking & Finance, MBF, MBA (Finance option)
  • Subject for subject at Intermediate Professional level based on Official Transcript with the EXCEPTION of International Trade and Finance
  • Management of Financial Institutions at Chartered Banker level based on transcript
Intermediate Professional Level
  • International Trade and Finance
  • Financial Economics**
  • Financial and Management Accounting**
  • Marketing of Financial Services**/li>
  • Strategic Management and Leadership
  • Corporate Financial Management

Chartered Banker level
  • Banking Law, Ethics and Corporate Governance
  • Bank Lending and Credit Administration
  • BManagement of Financial Institutions**
  • Practice of Banking

Plus one Elective from the following
  • Financial Planning and Control
  • Treasury Management
  • Human Capital Management
  • Banking Regulation and Supervision
  • Principles and Practice of Risk Management
8 MBA, M.Sc., Ph.D, in Social and management Sciences
  • Subject for subject at Intermediate Professional level with the EXCEPTION of International Trade and Finance
  • None at Chartered Banker Level
Intermediate Professional Level
  • International Trade and Finance
  • Financial Economics**
  • Strategic Management and Leadership
  • Corporate Financial Management**
  • Marketing of Financial Services**/li>

Chartered Banker level
  • Banking Law, Ethics and Corporate Governance
  • Bank Lending and Credit Administration
  • Management of Financial Institutions**
  • Practice of Banking

Plus one Elective from the following
  • Financial Planning and Control
  • Treasury Management
  • Human Capital Management
  • Banking Regulation and Supervision
  • Principles and Practice of Risk Management
9 All Other Degrees/ HND and Professional qualifications e.g. ACIPM, ANIM, ANIPR etc.
  • Subject for subject exemption at Diploma and Intermediate Professional level with the EXCEPTION of International Trade and Finance
Diploma Level
  • Elements of Banking**
  • Basic Economics**
  • Accounting and Business Finance
  • Business Law**
  • Fundamentals of Marketing**/li>
  • Information and Communication Technology**/li>
  • Quantitative Techniques*/li>
  • Business Communication Skills**/li>

Intermediate Professional Level
  • International Trade and Finance
  • Financial Economics**
  • Strategic Management and Leadership**
  • Corporate Financial Management**
  • Marketing of Financial Services**/li>

Chartered Banker level
  • Banking Law, Ethics and Corporate Governance
  • Bank Lending and Credit Administration
  • Management of Financial Institutions
  • Practice of Banking

Plus one Elective from the following
  • Financial Planning and Control
  • Treasury Management
  • Human Capital Management
  • Banking Regulation and Supervision
  • Principles and Practice of Risk Management
(c) Exemptions for Practitioners

Criteria for Eligibily

The criteria for eligibility are as follows
  • The prospective candidate must have spent not less than 10 years in the banking and Finance industry
  • He/She must have attained a minimum of manager grade
  • He/She has obtained an academic/professional qualification such as :
    • B.Sc/ HND in Banking and Finance
    • B.Sc/ HND in a related discipline like Economics, Business Administration and Accounting
    • ACA, ACIS, ACIPM or any other qualification as may be prescribed by the Governing Council from time to time
  • Candidate must be registered with the Institute as a student or in any other membership category except Graduate, associate and fellow grades
1 B.Sc/HND(Banking & Finance)
  • All subjects at Intermediate Professional level EXCEPT International Trade and Finance



  • Management of Financial Institutions at Chartered Banker level based on transcript
Intermediate Professional Level
  • International Trade and Finance

Chartered Banker level
  • Banking Law, Ethics and Corporate Governance
  • Bank Lending and Credit Administration
  • Management of Financial Institutions**
  • Practice of Banking

Plus one Elective from the following
  • Financial Planning and Control
  • Treasury Management
  • Human Capital Management
  • Banking Regulation and Supervision
  • Principles and Practice of Risk Management
2/td> Related Disciplines
B.Sc/HND in related disciplines, e.g. Business Administration, Economics, Accountancy, etc.
  • Subject for subject exemption at Intermediate Professional level with the Exemption of International Trade and Finance




  • Management of Financial Institutions at Chartered banker level based on transcript
Intermediate Professional Level
  • International Trade and Finance
  • Financial Economics**
  • Financial Management Accounting**
  • Strategic Management and Leadership**
  • Corporate Financial Management**
  • Marketing of Financial Services

Chartered Banker level
  • Practice of Banking
  • Bank Lending and Credit Administration
  • Banking Law, Ethics and Corporate Governance
  • Management of Financial Institutions

Plus one Elective from the following
  • Financial Planning and Control
  • Treasury Management
  • Human Capital Management
  • Banking Regulation and Supervision
  • Principles and Practice of Risk Management
3 Other Related Professional Qualifications
Holders of Professional Qualifications e.g. ACA, ACCA, ACIS, ACTI, ACS
  • Subject for subject exemption at Intermediate Professional level with the EXCEPTION of International Trade and Finance




  • Management of Financial Institutions at Chartered Banker level based on transcript
Intermediate Professional Level
  • International Trade and Finance
  • Financial Economics**
  • Strategic Management and Leadership**
  • Corporate Financial Management**
  • Marketing of Financial Services

Chartered Banker level
  • Banking Law, Ethics and Corporate Governance
  • Bank Lending and Credit Administration
  • Management of Financial Institutions
  • Practice of Banking

Plus one Elective from the following
  • Financial Planning and Control
  • Treasury Management
  • Human Capital Management
  • Banking Regulation and Supervision
  • Principles and Practice of Risk Management
4 M.Sc. Banking & Finance, MBF, MBA (Finance option)
  • Subject for subject exemption at Intermediate Professional level Ewith the EXCEPTION of International Trade and Finance




  • Management of Financial Institutions at Chartered Banker level based on transcript
Intermediate Professional Level
  • International Trade and Finance
  • Financial Economics**
  • Financial Management Accounting**
  • Marketing of Financial Services
  • Strategic Management and Leadership**
  • Corporate Financial Management**

Chartered Banker level
  • Banking Law, Ethics and Corporate Governance
  • Bank Lending and Credit Administration
  • Management of Financial Institutions
  • Practice of Banking

Plus one Elective from the following
  • Financial Planning and Control
  • Treasury Management
  • Human Capital Management
  • Banking Regulation and Supervision
  • Principles and Practice of Risk Management
5 MBA, M.Sc., Ph.D, in Social and management Sciences
  • Subject for subject at Intermediate Professional level with the EXCEPTION of International Trade and Finance




  • Management of Financial Institutions at Chartered Banker level based on transcript
Intermediate Professional Level
  • International Trade and Finance
  • Financial Economics**
  • Strategic Management and Leadership**
  • Corporate Financial Management**
  • Marketing of Financial Services**/li>

Chartered Banker level
  • Banking Law, Ethics and Corporate Governance
  • Bank Lending and Credit Administration
  • Management of Financial Institutions**
  • Practice of Banking

Plus one Elective from the following
  • Financial Planning and Control
  • Treasury Management
  • Human Capital Management
  • Banking Regulation and Supervision
  • Principles and Practice of Risk Management
** Exemption to be based on transcript(s)


Members seeking exemption during their applications are expected to pay. The Exemption Fees are as shown below:

Exemption Application Fees (Non Refundable)
Exemption Form 5,000.00

Diploma Level
S/N Description Amount (=N=)
1 One(1) Subject 8,000:00
2 Two(2) Subjects 11,000:00
3 Three(3) Subjects 15,000:00
4 Four(4) Subject 20,000:00
5 Five(5) Subjects 25,000:00
6 Six(6) Subjects 30,000:00
7 Seven(7) Subjects 35,000:00
8 Eight(8) Subjects 40,000:00
 
Intermediate Professional Level
S/N Description Amount (=N=)
1 One(1) Subject 15,000:00
2 Two(2) Subjects 22,000:00
3 Three(3) Subjects 30,000:00
4 Four(4) Subject 37,000:00
5 Five(5) Subjects 45,000:00
6 Six(6) Subjects 52,000:00
7 Seven(7) Subjects 60,000:00

 
Chartered Banker level
S/N Description Amount (=N=)
1 One(1) Subject 20,000:00
2 Two(2) Subjects 30,000:00
3 Three(3) Subjects 40,000:00
4 Four(4) Subject 50,000:00
5 Five(5) Subjects 60,000:00
6 Six(6) Subjects 70,000:00
7 Seven(7) Subjects 80,000:00
8 Eight(8) Subjects 90,000:00
9 Nine(9) Subjects 100,000:00