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

Exemptions


Exemption Details
S/N Qualifications Exemptions Applicable Subjects to be examined
1 ACIB/Degree Linkage
B.Sc. Banking & Finance from Institutions in the Linkage Partnership
  • All subjects in Foundation & Intermediate
  • PE 1 (three subjects i.e. Management Theory & Practice, Information Communication Technology and Financial & Mgt Accounting)
  • PE 11 (one subject i.e. Research Methodology)
  • PE 111 (two subjects i.e. Strategic Mgt. in the Fin. Services Industry, Corporate Finance)
  • PE 11 (two subjects i.e Law Ethics & Corporate Governance, International Finance), ** Marketing of Financial Services(Base on transcript)
  • PE 111 (two subjects i.e. Practice of Banking, Bank Lending & Credit Administration )
2 CIBN Accredited Institutions
B.Sc./HND Banking & Finance from Institutions accredited by CIBN
  • All subjects in Foundation & Intermediate
  • PE 1 (three subjects i.e. Management Theory & Practice , Information Communication Technology, Financial & Management Accounting)
  • PE 11 (one subject i.e. Research Methodology)
  • PE III ( one subject i.e Corporate Finance)
  • PE 11 (two subjects i.e. International Finance, Law, Ethics & Corporate Governance), ** Marketing of Financial Services(based on transcript)
  • PE 111 : Practice of Banking, Bank Lending & Credit Administration, Strategic Management
3 Non-accredited Institutions
B.Sc./HND Banking & Finance from Institutions not accredited by CIBN Qualification
  • All subjects in Foundation & Intermediate
  • PE 1 (two subjects i.e. Management Theory & Practice Information Communication Technology)
  • PE 1 (one subject i.e. Financial & Management Accounting)
  • PE 11 (All subjects)
  • PE 111 (All subjects)
4 Related Disciplines
B.Sc./HND in related disciplines e.g. Business Administration, Economics, Accountancy
  • Subject for subject in Foundation, Intermediate and PE 1
  • Foundation, Intermediate & PE 1 (All subject(s) not exempted)
  • PE 11 (All subjects)
  • PE 111 (All subjects)
5 Other Related Professional Qualifications
Holders of Professional Qualifications e.g. ACA, ACCA, ACIS, ACTI, ACS
  • All subjects in Foundation
  • Subject for Subject in Intermediate & PE 1
  • Intermediate & PE 1 (All subject(s) not exempted)
  • PE 11 (All subjects)
  • PE 111 (All subjects)
6 M.Sc. Banking & Finance
  • All subjects in Foundation
  • Intermediate(two subjects i.e. Quantitative Technique & Financial Economics)
  • PE 1 (two subjects i.e. Management Theory & Practice, Information Communication Technology)
  • PE 11 (one subject i.e. Research Methodology.)
  • Intermediate ** Elements of Banking (Based on transcript)
  • PE 1 (one subject i.e. Financial & Management Accounting)
  • PE 11 (Three subjects i.e. Law , Ethics & Corporate Governance, International Finance, Marketing of Financial Service)
  • PE 111 (All subjects)
7 MBA, M.Sc., Ph. D., in Social and Management Sciences
  • Foundation ( All subjects)
  • Intermediate (one subject .i.e. Quantitative Technique)
  • PE 1 (One subject i.e. Management Theory & Practice)
  • PE II ( one subject .i.e. Research Methodology)
  • Intermediate (Elements of Banking, Financial Economics)
  • PE 1 (one subject i.e. Financial & Management Accounting)
  • PE 11 (Law, Ethics & Corporate Governance, International Finance, ** Marketing of Financial Service (Based on Transcript)
  • PE 111 (All subjects)
8 All Other Degrees/HND and Professional qualifications .e.g ACIPM,ANIM,ANIPR etc Subject for Subject in Foundation and Intermediate
  • Foundation (subject (s) not exempted)
  • Intermediate (subject(s) not exempted)
  • PE 1 (All subjects)
  • PE 11 (All subjects)
  • PE 111 (All subjects)

Important Notice:
** Exemption to be based on transcript(s)

Linkage Programme
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

ACIB Foundation Courses
S/N Description Amount (=N=)
1 One(1) Subject 10,000:00
2 Two(2) Subjects 15,000:00
3 Three(3) Subjects 20,000:00
 
ACIB Intermediate Courses
S/N Description Amount (=N=)
1 One(1) Subject 12,000:00
2 Two(2) Subjects 18,000:00
3 Three(3) Subjects 24,000:00

 
ACIB Professional Course I - (PE I)
S/N Description Amount (=N=)
1 One(1) Subject 15,000:00
2 Two(2) Subjects 22,500:00
3 Three(3) Subjects 30,000:00

 
ACIB Professional Course II (PE II)
S/N Description Amount (=N=)
1 One(1) Subject 17,000:00
2 Two(2) Subjects 25,000:00
3 Three(3) Subjects 34,000:00
4 Four(4) Subjects 42,500:00

 
ACIB Professional Course III (PE III)
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) Subjects 50,000:00



 
EXEMPTIONS FOR CERTIFICATE IN BANKING CANDIDATES
S/N Qualifications Exemptions Applicable
1 ND Banking and Finance or Financial Studies
  • All subjects in Parts I & II
2 ICAN/ATS
  • Parts I & II
3 ND/NCE Business-related Courses
  • All the subjects in Part I
  • Principles of Management and Introduction to Business Finance in Part II
4 Other Qualifications acceptable to the Institute
  • Subject for subject in only Parts I & II