Chartered Banker Qualification
Why Choose Chartered Banker?
The gold standard in banking qualification
Chartered Banker is the most prestigious and internationally recognised professional qualification in banking across the globe. It is a world class qualification that will help you achieve and maintain the highest standards of excellence and professionalism. Recognised and supported by major financial services across the globe, Chartered Banker equips practitioners with a world class qualification that will help them achieve and maintain the standards of excellence and professionalism.
- Internationally recognised as the gold standard in banking
- Equivalent to a British honours degree
- Practical and professional programme that combines theory and practice
- Choose modules based on career aspirations
- Flexible online programme with optional classroom support
Learning Outcomes
The overall aim of the programme is to provide you with an extensive, detailed and critical knowledge of the banking sector. Upon completion of the programme, you will demonstrate sound understanding of the financial services industry and develop skills and abilities to make professional judgments and informed decisions in relevant work situations.
Chartered Banker is jointly awarded by the Asian Institute of Chartered Bankers and the Chartered Banker Institute in the UK, the only body in the world able to confer this award.
Chartered Banker Education Pathway
Level 1:
Executive Banker
Executive Banker provides you with a firm foundation of how banking and financial services operate and the challenge you may face.
Who is it for?
Aspiring entrants and entry level executives in the banking industry.
Upon successfully completing 3 modules:
Receive Executive Banker Certificate
Advance to Level 2, Professional Banker
Level 2:
Professional Banker
Professional Banker allows you to select specialist modules that most accurately reflect your job function or career progression aspirations.
Who is it for?
Banking professionals with several years of experience.
Upon successfully completing 3 modules:
Receive Professional Banker Certificate
Advance to Level 3, Chartered Banker
Level 3:
Chartered Banker
Chartered Banker combines theory and practice and will equip you with extensive, detailed and critical understanding of the banking sector to develop skills to make professional judgements and informed decisions in work situations.
Who is it for?
Experienced Professionals aspiring to hold leadership roles in the banking industry.
Upon successfully completing 1 compulsory module and 2 electives:
Receive Chartered Banker Certificate
Level 1: Executive Banker
Syllabus Structure
Complete all 3 modules.
| Financial Systems and Regulatory Frameworks |
| 1. Financial Institutions and Their Roles 2. Islamic Banking 3. Payment Systems 4. The Financial Markets 5. The Foreign Exchange and Derivatives Markets 6. Monetary Policy 7. Financial Regulation |
| Risk in Financial Services |
| 1. Principles of Risk Management 2. International Risk Regulation: The Basel Framework 3. Corporate Governance and Risk Management 4. Operational Risk 5. Credit Risk 6. Market Risk 7. Investment Risk 8. Liquidity Risk |
| Banking Operations and Professional Ethics |
| 1. Bank Services 2. Bank/Customer Relationships 3. Operating Customer Accounts 4. Cheques, Electronic Payments and Plastic Cards 5. Providing Finance 6. Security for Advances 7. Wealth Management 8. Professional Ethics |
Level 2: Professional Banker
Syllabus Structure
Compulsory Module (choose 1)
| Business Lending |
| 1. Introducing Business Credit 2. Business Credit Analysis 3. Structuring the Credit: Products and Pricing 4. Structuring the Credit: Collateral, Conditions and Covenants 5. Loan Monitoring and Management |
| Retail Lending |
| 1. Principles of Credit and Lending 2. Types of Borrowers 3. Credit Information and Verification 4. Loan Securities and Documentation 5. Credit Support and Regulations 6. Pricing 7. Consumption Credit 8. Property Financing 9. Investment Financing 10. Hire-Purchase and Leasing 11. Outline of Islamic Banking and Consumer Financing |
Elective Module (choose any 2)
| Bank Management |
| 1. Bank Management: the Context 2. Government Policies and Regulation 3 .Establishing New Delivery Channels 4. Analysing Bank Performance 5. Managing Non-Interest Income and Expense 6. Price Fixed Income Securities 7. Measuring Interest Rate Risk with Gap 8. Managing Interest Rate Risk – Duration Gap and Economic Value of Equity 9. Using Derivatives to Manage Interest Rate Risk 10. Funding the Bank 11. Managing the Liquidity 12. The Effective Use of Capital 13. Overview of Credit Policy and Loan Characteristics 14. Evaluating Consumer Loans 15. Evaluating Commercial Loan Requests 16. Managing the Investment Portfolio |
| International Banking and Offshore Practice |
| 1. Capital Markets 2. The Foreign Exchange Markets and Money Markets 3. Exchange-Traded Financial Derivatives 4. International Banking 5. Risks and Regulation in Banking and Financial Services 6. Offshore Centres 7. Private Banking 8. Labuan IBFC 9. Anti–Money Laundering Regulations 10. Offshore Centre Case Studies 11. Future Developments |
| International Trade Finance |
| 1. Introduction to International Trade 2. Methods of Payment in International Trade 3. Documentary Collections 4. Documentary Credits 5. Guarantees and Standby Letters of Credit 6. Foreign Exchange and Exchange Controls 7. Trade Finance 8. Trade Support from Government Agencies 9. International Trade Finance and Islamic Banking |
| Marketing and Selling in Financial Services |
| 1. Introduction to Financial Services 2. What is Marketing? 3. Price 4. Place and Distribution 5. Promotion and Advertising 6. Product Development and People 7. Segmentation 8. Customer Satisfaction and Retention 9. E-Marketing |
| Customer Relationship Management |
| 1. Customer Experience 2. Customer Relationship Management 3. CRM Strategy 4. Impact of CRM on Marketing and Segmentation 5. Customer Retention 6. Corporate Social Responsibility 7. Service Quality 8. Staffing to Ensure Quality Standards 9. Service Recovery 10. Customer Communication 11. CRM with Business Customers |
Level 3 : Chartered Banker
Syllabus Structure
Compulsory Module
| Professionalism, Ethics and Regulation |
|
Elective Module (choose any 2)
| Credit and Lending |
|
| Risk Management in Banking |
|
| Applied Business and Corporate Banking |
|
| Retail Banking |
|
| Banking for High Net Worth Individuals |
|
| Contemporary Issues in Banking |
|
Notes:
• Topics are accurate at time of print but may be subject to change based on the Institute’s discretion.
• Kindly refer to the announcement on the ‘Discontinuation of Professional Banker (Level 2) and Chartered Banker (Level 3) qualification modules’ at https://www.aicb.org.my/aicb/wp-content/uploads/2019/PB_and_CB_Discontinuation.pdf
• For information on additional examination sitting for the ceased modules please go to https://www.aicb.org.my/announcements/qualification-enrolment-and-examination-schedule-for-2020/.
Programme Fees
| Level | 2019 Price (RM) per module (Inclusive of 6% Service Tax) |
Exam Re-sit Fee (RM) (Inclusive of 6% Service Tax) |
| Executive Banker | 901 | 265 |
| Professional Banker | 1,219 | 265 |
| Chartered Banker | 3,392 | Exam Only: 1,060 Exam and Assignment: 1,558.20 |
Chartered Banker Education Pathway
STANDARD ROUTE – ENROLMENT
In order to enrol as a candidate for each level of the Chartered Banker Education Pathway, an applicant must satisfy the following requirements:
| Membership Requirement – Candidates are required to be Individual Members of AICB | ||
| Standard Route – Entry Requirement | Progression Pathway | |
| Executive Banker |
Exception On a case-by-case basis, candidate who does not meet the minimum education requirements set out above MUST meet the following criteria:
|
Complete 3 EB modules Click here to view the syllabus |
| Professional Banker | Completed Executive Banker | Complete 3 PB modules of which Business Lending module or Retail Lending module is compulsory (Complete 1 Compulsory + 2 Electives or 2 Compulsory + 1 Elective).
Click here to view the syllabus. |
| Chartered Banker | Completed Professional Banker | Complete 3 CB modules of which Professionalism, Ethics and Regulation module is compulsory.
Click here to view the syllabus. Note: PB candidates without passes in the Business Lending / Retail Lending module are required to complete Credit and Lending module as another compulsory module. |
ACCELERATED ROUTE (DIRECT ENTRY)
Candidate can apply to enrol directly to the Professional Banker (PB) or Chartered Banker (CB) based on prior learning and/or work experience in a banking institution as approved by the Institute as stated below:
| Membership Requirement – Candidates are required to be Individual Members of AICB | ||
|
Accelerated Route – Entry Requirement
|
Progression Pathway
|
|
| Professional Banker |
Recognised Degree
|
Complete 3 PB modules of which Business Lending module or Retail Lending module is compulsory (Complete 1 Compulsory + 2 Electives or 2 Compulsory + 1 Elective). Click here to view the syllabus. |
AICB Qualifications
|
Complete 3 PB modules of which Business Lending module or Retail Lending module is compulsory (Complete 1 Compulsory + 2 Electives or 2 Compulsory + 1 Elective).
Click here to view the syllabus. |
|
AICB Qualifications
|
Complete 2 PB modules.
Click here to view the syllabus. |
|
AICB Qualifications
|
Complete 2 PB modules of which Business Lending module or Retail Lending module is compulsory (Complete 1 Compulsory + 1 Elective or 2 Compulsory).
Click here to view the syllabus. |
|
Experienced Banking Practitioners without Degree Qualification
A letter of support/recommendation from the employer, signed off by senior management, is required. Click here for sample letter. |
Complete 3 PB modules of which Business Lending module or Retail Lending module is compulsory (Complete 1 Compulsory + 2 Electives or 2 Compulsory + 1 Elective).
Click here to view the syllabus. |
|
| Chartered Banker | Professional Pathway
|
Candidates will study the compulsory module: Professionalism, Ethics and Regulation, and then must choose either Applied Business and Corporate Banking or Credit and Lending to complete their studies.
Click here to view the syllabus. |
Senior Banker Pathway
|
Complete 3 CB modules of which Professionalism, Ethics and Regulation is compulsory
Click here to view the syllabus. Note: |
|
Senior Banker Pathway
|
Complete 2 CB modules
Compulsory
Electives (one of the following)
Click here to view the syllabus. Note: |
|
Direct entry is not an automatic entitlement. A formal application must be made together with the relevant documents as stated in the Documentation section for evaluation by AICB.
* Notes:
Core banking areas:
- Audit
- Banking Operations
- Branch Operations
- Credit Administation
- Trade Finance
- Treasury Operations
- Transaction Banking
- Business Banking / Corporate Banking
- Compliance (includes AML/CFT)
- Consumer Banking / Personal Financial Services / Wealth Management
- Credit (marketing, appraisal, approval, review, control, collection & recovery)
- Customer Relationship Management
- Finance – bank critical functions such as funding and capital management
- Information Security / Cyber Security
- International Banking
- International Trade Finance
- Investment / Corporate Finance
- Offshore Banking
- Risk Management
The above list is non-exhaustive. It will be defined based on the depth and breadth of the job role and will be reviewed on a case-to-case basis according to the information provided in the CV (Curriculum Vitae).
APPROVAL
- All applications for enrolment or direct entry will be processed in accordance with the requirements set out in the regulations.
- Applications will be processed upon receipt of full documentations as stated in the Documentation section.
- Approval for enrolment or direct entry will be granted based on the information/documents submitted and applicants may be contacted in case additional information is required.
- Applicants will be informed of the Institute’s decisions within 10 working days from date of application (upon receipt of full and complete documentation) for qualifications and experience already assessed.
- Where the applicant’s qualifications have not been previously assessed by the Institute, the processing time will be longer.
- Candidates will be informed in writing of the Institute’s decision via email.
Executive Banker
(a) Examination Format
For each module:
| Question Format | Multiple choice questions |
| No. of Questions | *60 (NEW) |
| Duration of Exam | *1 hour 30 minutes (NEW) |
| Pass Mark | 60% |
| Examination Type | Closed book. Question paper is collected and returned after the examination. |
*Note: The revised schedule above reflects the new examination format changes including:
1) Number of questions from 100 to 60
2) Duration of exam from 2 hours to 1 hour 30 minutes
(b) Grade Bands
Results will be expressed in grade bands as follows:
| Grade Band | Marks |
| Distinction | 90% and above |
| Pass with Credit | 80-89% |
| Pass | 60-79% |
| Fail | 59% and below |
(c) Time Limit
A candidate must pass all three modules within 3 years of enrolment for the qualification, failing which any module passes gained will be nullified.
(d) Award Requirements
To be awarded the Executive Banker, candidates are required to complete all 3 compulsory modules within the stipulated time limit. Upon achieving the award, candidates may progress to the Professional Banker level of the Chartered Banker suite of qualifications.
Professional Banker
(a) Examination Format
| Question Format | Independent and case-based multiple choice questions |
| No. of Questions | Part 1: 60 questions Part 2: 20 questions (2-4 caselets) |
| Duration of Exam | 3 hours |
| Pass Mark | 60% of the total mark allocation Part 1: 60%; Part 2: 40% |
| Examination Type | Closed book. Question paper is collected and returned after the examination. |
(b) Grade Bands
Results will be expressed in grade bands as follows:
| Grade Band | Marks |
| Distinction | 80% and above |
| Pass | 60-79% |
| Fail | 59% and below |
(c) Time Limit
A candidate must pass all three selected modules within 3 years of enrolment for the qualification, failing which any module passes gained will be nullified.
(d) Award Requirements
To be awarded the Professional Banker, candidates are required to complete one compulsory module and two elective modules within the time limit. Upon achieving the award, candidates may progress to the Chartered Banker level.
Chartered Banker
(a) Assessment Structure
Each module is assessed by a compulsory continuous assessment element, through the submission of an assignment, and a final examination. Guidelines for the assignment component are provided in the study guide provided to candidates upon first registration for a module.
(b) Examination Format
For each module:
| Question Format | Written assessment using free response questions such as essays and case studies. |
| Duration of Exam | 3 hours 15 minutes |
| Pass Mark | Overall pass mark is 55%. Assignment contributes up to a maximum of 30% of the final examination mark; final examination is worth a maximum of 70% of the overall mark & a minimum of 50% must be scored in the examination itself. |
| Examination Type | Closed book. |
(c) Grade Bands
Results will be expressed as follows:
| Grade Band | Marks |
| Distinction | Combined assignment and examination mark of 80% or above |
| Pass | Combined assignment and examination mark of 55% to 79% |
| Fail | Combined assignment and examination mark of 54% or less. Candidate must re-sit the examination.
Score of 49% or less in final examination. Candidate must re-sit the examination. |
(d) Time Limit
A candidate must pass the compulsory module and the two selected modules within five years of enrolment for the qualification, failing which any module passes gained will be nullified.
(e) Award Requirements
To be awarded the Chartered Banker qualification, candidates are required to complete one compulsory module and two elective modules within the time limit.
QUALIFICATION ENROLMENT & EXAMINATION SCHEDULE FOR 2020
Important Notes:
- Training workshops for AICB qualifications are conducted by Asian Banking School (ABS). Candidates are required to check ABS’ website : asianbankingschool.com for the latest workshop dates.
- AICB reserves the right to cancel, suspend, interrupt or reschedule any examination to another date and will not be liable for any claims, actions, costs, charges, expenses, damages, loss and liability due to the cancellation/deferment of these examinations.
- Please adhere to the above closing dates, otherwise AICB will not be responsible for any delay in the enrolment or registration.
Professional Banker (PB)
QUALIFICATION ENROLMENT & EXAMINATION SCHEDULE FOR 2020
Important Notes:
- Training workshops for AICB qualifications are conducted by Asian Banking School (ABS). Candidates are required to check ABS’ website : asianbankingschool.com for the latest workshop dates.
- AICB reserves the right to cancel, suspend, interrupt or reschedule any examination to another date and will not be liable for any claims, actions, costs, charges, expenses, damages, loss and liability due to the cancellation/deferment of these examinations.
- Please adhere to the above closing dates, otherwise AICB will not be responsible for any delay in the enrolment or registration.
Chartered Banker (CB)
CHARTERED BANKER EXAMINATION ACTIVITY SCHEDULE FOR 2020
* Candidates are advised to refer to the Important Notes below
CHARTERED BANKER EXAM ACTIVITY SCHEDULE -MARCH 2020
**Candidates to choose only one slot during registration.
CHARTERED BANKER EXAM SCHEDULE – JULY 2020 SITTING
**For CB 1, candidates to choose only one slot during registration.
Important Notes for Chartered Banker Candidates
* For New Professional Banker (PB) graduates progressing to CB and Professional Pathway applicants, candidates are required to complete the qualification enrolment with AICB before registering for an exam.
# For Senior Banker Pathway (SBP) application:
i) AICB will process the applications upon receipt of full documentation.
ii) Applications submitted after the SBP submission closing date will be processed and reviewed for the following intake.
iii) Upon enrolment, candidates can register for the immediate following exam sitting.
1. Where a candidate has failed the overall module, they can either:
i) Re-sit the final examination and submit a new assignment in order to secure an improved mark – this ‘new’ assignment will be made available on request; or
ii) Re-sit the final examination only and retain the mark obtained for their original assignment submission.
2. For full and updated details about the Masterclass for each module, kindly refer to the following link :
https://www.asianbankingschool.com/our-programmes/professional-qualifications/cb
Disclaimer:
- AICB reserves the right to cancel, suspend, interrupt or reschedule any examination to another date and will not be liable for any claims, actions, costs, charges, expenses, damages, loss and liability due to the cancellation/deferment of these examinations.
- Training workshops for AICB qualifications are conducted by the Asian Banking School (ABS). Candidates are required to check ABS’ website for the latest workshop dates at https://www.asianbankingschool.com/our-programmes/professional-qualifications.
- Candidates are required to complete their qualification enrolments with AICB before registering for training workshops with the Asian Banking School (ABS), through ABS’ website: asianbankingschool.com. Terms and conditions apply.
DOCUMENTATION
The applications submitted will only be processed upon receipt of the full documentations. Candidates who submit incomplete applications (i.e. incomplete details or incomplete supporting documents) will be given five working days to provide the required information and/or documentation. If the candidate fails to submit the required information or complete set of relevant supporting documents within the five working days, the application will not be processed.
Below is the list of documents that are required for each qualification.
| Qualification | Documents Required | |
| Standard Route (Enrolment) | Accelerated Route (Direct Entry) | |
| Executive Banker |
Candidate who does not meet the minimum education requirements, provide the following documents:
|
N/A |
| Professional Banker |
|
With Recognised Degree
Experienced Banking Practitioners without Degree Qualification
(Click here for sample letter) |
| Chartered Banker |
|
Professional Pathway
Senior Banker Pathway
|
Important notes:
Qualification certificates/transcripts submitted must be certified true copy by one of the following:
- University Official; OR
- Notary Public; OR
- Commissioner for Oaths; OR
- Officer of the employing organization; OR
- Such other persons or agents as may be approved by Institute.
The signatory must sign and date the document(s) and provide the following details:
- Name:
- Designation:
- E-mail:
- Contact Number:
- If the documents are not in English or Bahasa Malaysia, they must be accompanied by translation of the documents which is done by a certified translator. The credentials and contact information of the certified translator must be stated
- Qualifications submitted for enrolment as a candidate for a qualification or for exemption must be awarded by universities/higher education institutions recognised by the awarding country’s Ministry of Higher Education or equivalent authority or the National Qualification Accreditation Agencies.
- Malaysian qualifications should be listed in the Malaysian Qualifications Register or in Finance Accreditation Agency (FAA) website.
- AICB reserves the right to contact the awarding institution to verify a candidate’s qualification awards.