Capacity Building and Certification
Demonstrate commitment to professionalism by updating your knowledge and skills at a suitable pace.
Exemption is a waiver or exclusion from writing some papers in the CIBN professional exams that have previously been written and passed while acquiring other qualifications e.g. BSc, HND, MSc, Ph.D. etc. Exemptions could be obtained from 1 subject to 15 subjects out of 19.
Exemptions are majorly based on academic qualifications and cuts across the various routes to qualifying as a Professional Banker (ACIB). These are:
This route is open to holders of certificates in HND/BSc, MSc, MBF, MBA, PhD etc. as well as recognised professional qualifications.
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Subject-for-subject exemption is granted to holders of any of the above qualifications depending on the course of study. However, the following courses of study are exempted from Modules 1 & 2 at the Diploma level and a Module at the Chartered Banker- Elective:
1. Banking & Finance
2. Accounting
3. Economics
4. Business Administration
5. Marketing
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Further exemptions, except for the core subjects, are based on the evidence in the Transcript. Please note that Exemption in other non-related social science courses is given at the discretion of the Management.
Linkage Programme is the relationship or connection between the institute and some tertiary institutions. This route allows graduates of these partnering institutions on HND/BSC Banking & Finance to be exempted in five (5) subjects and examined in nine (9) subjects:
Lecturers with BSc/HND/MSc/Ph.D Banking & Finance are eligible for exemptions in seven (7) modules.
Lecturers with BSc/HND/MSc/Ph.D in other Social Management courses are eligible for exemptions in five (5) modules provided they have a first degree in Economics, Accounting, Business Administration and Marketing.
Lecturers in the Banking & Finance Department under the Linkage Programme are granted exemptions with 50% special discount of the total cost.
This route allows practitioners who have spent not less than ten (10) years to be exempted from a minimum of six (6) modules:
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Diploma Level (3 Modules)
- Economics of Banking and Finance
- Customer Service and Relationship Management
- Banking Law and Regulation
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Intermediate Professional Level
- Digital Banking
- Enterprise Risk Management
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Chartered Banker Level (Elective)
- Human Resources
Candidates who have spent not less than fifteen (15) years and above would enjoy further exemption in Corporate Financial Services at the Chartered Banker Level.
This route requires the successful completion of a relevant Certification programme against which exemptions are allowed in the flagship ACIB examinations. The Institute presently offers Certification Programmes in the following seventeen (17) subject areas:
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Deposit Insurance System
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Corporate Banking
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Retail Banking
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Corporate and Development Finance
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Non-interest banking or Islamic Banking
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Banking Operations
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Loan processing and documentation
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Digital Banking
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Reporting and Compliance
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Sustainable Banking
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Ethics & Corporate Governance
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Banking Law, Regulation & Supervision
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Professional e-Payment
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Microfinance
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Certified Risk Managers
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Financial Markets
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Public Sector Finance
The main benefit of exemption is that subjects previously passed will not be repeated thereby facilitating the qualification of the candidates in record time. Exemptions are subject to review from time to time.
| Diploma Level | ||
|---|---|---|
| S/N | Description | Amount (₦) |
| 1 | One (1) Subject | 12,000 |
| 2 | Two (2) Subjects | 16,500 |
| 3 | Three (3) Subjects | 22,500 |
| 4 | Four (4) Subjects | 30,000 |
| Intermediate Professional Level | ||
|---|---|---|
| S/N | Description | Amount (₦) |
| 1 | One (1) Subject | 22,500 |
| 2 | Two (2) Subjects | 33,750 |
| 3 | Three (3) Subjects | 45,000 |
| 4 | Four (4) Subjects | - |
| Chartered Banker Level | ||
|---|---|---|
| S/N | Description | Amount (₦) |
| 1 | One (1) Subject | 30,000 |
| 2 | Two (2) Subjects | 45,000 |
| 3 | Three (3) Subjects | - |
| 4 | Four (4) Subjects | - |
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