General Management: Principles of Management, Strategic Planning, and
Marketing.
Statistics and Data Analysis: Measures of Central Tendency, Correlation,
Regression, and Forecasting Techniques.
Focusing on case studies and their applications in real-world scenarios is crucial for
scoring well in this paper.
2. Bank Financial Management (BFM)
BFM emphasizes financial strategies and tools used in banking. Important topics
include:
Risk Management: Credit Risk, Market Risk, Operational Risk, and Risk
Mitigation Techniques.
Treasury Management: Functions of Treasury, Forex Markets, and
Derivative Products.
Financial Markets: Capital Markets, Money Markets, and Debt Markets.
International Banking: Trade Finance, Letter of Credit, and International
Currency Markets.
Understanding numerical problems and practicing financial calculations is a key
strategy for excelling in BFM.
3. Elective Paper
The elective paper allows candidates to specialize in a particular area of banking.
Some popular electives and their important topics include:
Retail Banking: Customer Relationship Management, Products and
Services, and Digital Banking.
Information Technology: Cybersecurity, Core Banking Systems, and
Emerging Technologies in Banking.
Risk Management: Basel Norms, Stress Testing, and Enterprise Risk
Management.
Elective papers offer an opportunity to build expertise in a niche domain, making it
vital to align your preparation with your career goals.
Why CAIIB Practice Tests Are Essential
CAIIB Practice Tests are an indispensable tool for preparation. Here’s why:
1. Assessment of Knowledge
Practice tests help assess your grasp of the syllabus. By simulating exam conditions,
they highlight your strengths and areas needing improvement.
2. Time Management Skills