How to select Elective Paper for CAIIB examination

How to select elective paper

Introduction

The CAIIB examination consists of three subjects out of which two papers are compulsory papers and third paper is an elective subject; The candidate will choose the paper among eleven subjects stipulated by the IIBF.

  1. Advance Bank Management
  2. Bank Financial Management
  3. Elective Paper (Have to chose any one of their own choice )

There is much confusion among CAIIB aspirants for choosing the optional subject for the third paper.  The main confusion is “What is the best elective within those eleven papers”? and How to choose the elective paper?.

What is the best elective paper or optional subject?

Since the banking sector is vast, having many sub sectors, domains and divisions; Banks have been structured with many departments each primarily dealing with the specific domain/sector of Banking. Since each domain/ sub-sector has its own importance and responsibility for successful functioning of a Bank; we cannot decide which subject is best in banking sector. So consider all the subjects are best and they cannot be compared with each other.

How to select the elective paper/ optional subject.

So the best way to select elective paper is based on the following:

  • Based on your knowledge and experience in that particular sector.
  • Based on your current area of working or interest to work.
  • Intention to pass CAIIB only for increment and promotion.

Elective Paper

S.No Elective Paper Opinion
1
Corporate Banking

 

Aspirants working in Corporate Banking section should take this paper.  Also persons working in new Private Sector Banks are also recommended to take this paper.

Difficulty: Moderate Tough

2
Retail Banking
Universal paper for CAIIB aspirants. Many bankers are feeling that this is the easiest subject to pass. Because most of the concepts in this subject are already familiar to us. So it is easy to study and understand the concepts. Recommended for bankers who wants to clear the exam with the motive of increment and promotion.

Difficulty: Comparatively easier than all papers but question can also be made tough.

3
Rural Banking
People who are working in the RRB and want to purse their career in RRB must take this as there elective. Also bankers who has strong desire to serve the rural regions and will be working more than one year in rural areas can also take this subject. If you know about agriculture and its related government schemes related to it, then appear for this paper.

Difficulty: Tough

 

4
International Banking
This is an important sector/department of the commercial banks. So persons who has strong desire to work in International Banking Division should prefer this paper as their elective. Banker’s working in Forex Branches also recommended for this elective.  For bankers who wants to have vertical growth in their banking career can also take this paper.

Difficulty:  Toughest of all but good for banking career.

5
Co-Operative Banking
Must for persons working in cooperative banks. Others please stay away from this paper.

Difficulty: Moderate

6
Financial Advising
Persons who has good knowledge in finance or has finance degree must take this paper.  Can be taken by persons who want to clear CAIIB for increment and promotion because of easy to understand concepts. 

Difficulty: Tougher than retail banking but easier than all. 

 

7
Human Resources Management
Must for persons completed MBA in HRM. Others please stay away.

Difficulty:   Moderate for MBA in HRM and Tough for others. 

8
Information Technology
Techies and persons having computer knowledge should take this paper. Others stay away from it. Nowadays importance of IT oriented products are increasing day-by-day.

Difficulty: Easy for techies. Slightly tough for others. 

9
Risk Management
This is an important and specialized sector/department of the commercial banks. So persons who has strong desire to work and persons working in Risk Management  should take this paper as their optional

 

Difficulty: Slightly easier than International Banking paper and tougher than all.

 

10
Central Banking
If your want to know about RBI then take this subject.

Difficulty: Tougher than Retail Banking paper and easier than all. If you want to clear CAIIB only for increment you can try.  But you should have decent economics knowledge.

11
Treasury Management
This is an important and specialized sector/department of the commercial banks. So persons who has strong desire to work and persons working in Treasury should take this paper as their optional

 

Difficulty: Slightly easier than International Banking paper and tougher than all.

 

 

Conclusion

I have provided my opinion about each elective paper. It is up to the aspirants to decide which subject you are going to take for exam. If you are really interested in any of the subject don’t worry about the difficulty; just go for it.  Kindly share your comments on the comments section below about your subject and why you have chosen it.

Comments (4)

  1. Pingback: 10 Mistakes to avoid while preparing for CAIIB exam - Bankeredu - A Blog for Banker's Education

  2. Pingback: List of CAIIB Elective Papers - An Overview - Bankeredu - A Blog for Banker's Education

  3. Kiruba Shankar k

    Sir/Madam,
    I have chosen Retail banking in my first attempt. Now I feel i m more comfortable with Financial advising and Corporate banking. CanI change it? Is it possible for me to change it?

    Reply
    1. Guru Bakyesvara Pandiyan (Post author)

      Bro I enquired with iibf officials they informed that we cannot change optional paper during the tenure of exam i.e for 2 years. The optional paper can be changed after reapplying for the next tenure.

      Reply

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