IIBF Full Form

“Indian Institute of Banking and Finance(IIBF)” offers a diversified range of flagship courses, certificates, diplomas, “as well as blended courses for student and working professionals” aspiring expertise in finance and banking field. IIBF is a professional body of banks, financial institutes, and their representatives in India. They provide several courses in finance and banking that prepare an expert candidate who will be specialised in finance and banking. IIBF also provides distance education programs for the students who want to pursue their studies with IIBF but stay in the distance. 

Certification courses by IIBF carry huge value in India, and the candidate having an IIBF certificate will be a priority for the employer. 

Full-Form of IIBF 

The full form of IIBF is the “Indian Institute of Banking and Finance,” a government empowered educational institute for banking and finance providing several courses that carry huge importance in getting a bank or finance job in India. Being a “distance learning institute,” IIBF provides an “extensive range of educational programs in the field of” finance and banking. IIBF’s famous certification and diploma courses include JAIIB, CAIIB, “Diploma in Banking and Finance,” and many more. The institute is also co-operated with numerous international and national reputed institutes working in banking and finance education which are mentioned below. 

• “Financial Planning Standard Board of India”
• “Banking Codes and Standard Board of India (BCSBI)”
• “Indira Gandhi National Open University (IGNOU)”

Mission, Vision, and Objectives of IIBF 

Developing competent and professionally qualified “bankers and finance professionals primarily through” education process, consultancy, training, examination process, and pursuing the “professional development programs” to produce competent and qualified bankers in the future is the mission of IIBF. The vision of IIBF is to become the premier institute of grooming, nurturing, and developing competent professionals in the finance and banking field. Objectives of IIBF are mentioned below. 

• Facilitating theoretical study and practice in finance and banking.
• Certifying and testing the competence attainment in finance and banking professionals.
• Analysing, collecting, and providing information required by finance and banking professionals. 
• Undertaking and promoting operations related to research, products, instruments, processes, and so on. 

Certification Courses of IIBF 

Certification courses of IIBF are designed so that finance and banking students can become experts in finance and banking. Below are some course names that IIBF provides. 

1. “Strategic Management and Innovations in Banking”
2. Certificate in International Trade Finance”
3. MSME
4. Emerging Technologies
5. “Certificate Examination in Information System Banker”

These are some popular courses of IIBF that are “affiliated with the Ministry of Commerce, International Chamber of Commerce through (UCPDC), and Reserve Bank of India.” These are extremely efficient courses with high values grooming finance and banking students to become banking experts. Taking these courses always proves beneficial for candidates because these courses are rich in information and the exam policies of IIBF make the candidates agile for any exams. 

Significance of IIBF Certification 

IIBF certification enhances candidates’ professional skills by turning them into professional bankers. After the certification, the candidates of IIBF are identified with the country’s unique assets as the importance of these courses is not only in India but also applicable outside of the country. Below are some important points known as the importance of IIBF Certification. 

• Enhance competence
• Improve Performance
• Wider job satisfaction
• Contribution towards bank’s success
• Maintaining the confidence of customers. 
• Better prospects of a career. 

These are the significance of IIBF certification because the certification makes the person different from others by segregating the gained knowledge and skills from IIBF. As a result, every candidate who was a student of IIBF is successful in their career and achieved their desired position in the finance and banking fields.

Conclusion 

Being one of India’s major financial and banking educational institutes, IIBF groomes many students’ lives and careers because these kinds of opportunities are rare to come. In India, where there are thousands of people still under the poverty line, bankers and finance professionals need to work hard to amend the country’s financial structure. 

IIBF provides that opportunity to candidates by offering these kinds of courses, and the only need is for students to have to follow the classes attentively. Otherwise, the student’s expenses after the courses will go in vain, and the student will fail the exam. So, it is highly recommended that students follow the class attentively, practise all the tricks and techniques told by IIBF experts, and do as required.