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 the Institute’s Certificate in Banking, HND/BSc, MSc, MBA, Ph.D. etc. as well as recognized professional qualifications. Exemptions are granted based on their Academic qualification(s) ranging from 1 to15 subjects as detailed below:
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BSc/HND Banking & Finance: Students are exempted from subjects ranging from 9 to 13. The students get standard exemptions of 9 subjects (all the eight (8) diploma level subjects and one (1) in the intermediate level) while further exemptions are based on transcript.
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BSc/HND Accounting/Accountancy: Students are exempted from 10 subjects (all the eight (8) diploma level subjects and two (2) in the intermediate level).
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BSc/HND Sciences Courses: Students are exempted from a maximum of 3 subjects in the diploma level.
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BSc/HND Business Administration, Economics or Marketing – Students are exempted from 9 subjects (all the eight (8) diploma level subjects and one (1) in the intermediate level). Further exemptions are based on transcript.
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B.A. Art Courses: Students are exempted from a maximum of 2 subjects in the diploma level.
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MSc/MBA/Ph.D. in Management & Social Science courses: Students are exempted from a minimum of all the eight (8) diploma level subjects. Further exemptions are based on transcript.
The programme allows graduates of Banking & Finance and other Social and Management Sciences, specifically Business Administration, Accounting, Economics and Marketing of a partnering institution to be examined in a few subjects in the institute’s banking professional examinations. Members in this category are granted Exemption from numerous subjects ranging from 5 to 14 subjects as the case may be.
This route allows practitioners who have spent not less than 10 years and have attained a minimum of manager grade with relevant academic/professional qualifications to be exempted from a minimum of 9 subjects (all the eight (8) diploma level subjects and one (1) in the intermediate level).
Also, lecturers in the Banking & Finance Department under the linkage programme are granted exemptions as detailed below:
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Lecturers with BSc/HND Banking & Finance are eligible for exemptions in 13 subjects.
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Lecturers with MSc or Ph.D. Banking & Finance are eligible for exemptions between 13 to 15 subjects provided they have a first degree in Economics, Accounting and/or Business Administration.
The route affords graduates of CIBN Accredited Academies generous exemptions in the institutes banking professional examinations to qualify as professional bankers (ACIB). Members in this category are usually staff of banks and they are granted Exemptions from numerous subjects ranging from 8 to 13 subjects depending on the bank academy attended irrespective of their course of study.
Candidates who aspire to have the ACIB qualification could use the Certification Route. The institute presently offers Certification Programmes in 16 subject areas. This route requires the successful completion of relevant Certification programme against which exemptions are allowed in the flagship ACIB examinations.
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 |
| 5 | Five (5) Subjects | 37,500 |
| 6 | Six (6) Subjects | 45,000 |
| 7 | Seven (7) Subjects | 52,500 |
| 8 | Eight (8) Subjects | 60,000 |
| 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 | 56,250 |
| 5 | Five (5) Subjects | 67,500 |
| 6 | Six (6) Subjects | 78,750 |
| Chartered Banker Level | ||
|---|---|---|
| S/N | Description | Amount (₦) |
| 1 | One (1) Subject | 30,000 |
| 2 | Two (2) Subjects | 45,000 |
| 3 | Three (3) Subjects | 60,000 |
| 4 | Four (4) Subjects | 75,000 |
| 5 | Five (5) Subjects | 90,000 |
| 6 | Six (6) Subjects | 105,000 |
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