🚀 Welcome to the New Beta Version of the IIBF Website —
Explore new features & improvements. We would welcome your feedback!
| 🚀 Welcome to the New Beta Version
of the IIBF Website — Explore new features & improvements. We would welcome your feedback!
| 🚀 Welcome to the New Beta Version
of the IIBF Website — Explore new features & improvements. We would welcome your feedback!
| 🚀 Welcome to the New Beta Version
of the IIBF Website — Explore new features & improvements. We would welcome your feedback!
The Certified BFSI Professional course is 187 hours E-learning program spread over three semesters. The
course is designed to help young aspirants to propel towards a successful career in BFSI sector. This is a
first-of-its-kind initiative, offered jointly by three prestigious institutes in the financial domain viz
NISM, IIBF & NIA.
Course Objective
The Banking, Financial Services & Insurance (BFSI) sector in India has traditionally been pivotal in
contributing substantially to the overall growth of the Indian Economy. Currently, the sector is
experiencing a transformation catalysed by digitalization and information explosion with the customer at the
epicentre. Such an ever-evolving ecosystem demands strategic agility and constant upgradation of skill
levels by the Banking & Finance professionals to chart a clear pathway of professional development.
Moreover, an expanding sector is expected to usher in numerous employment opportunities going forward and
there is a tangible industry demand to create a pool of adequately skilled youth who shall possess the
cognitive vision to propel the sector ahead. The primary objective behind the development of the Certified
BFSI Professional Program, wherein three behemoths of Financial Education in India (IIBF, NISM & NIA) have
combined their domain expertise, is to offer a unique and novel course that covers all the three major
aspects of the sector- Banking, Securities Markets and Insurance. This course is specifically designed to
provide a 360° knowledge-offering to the young aspirants and to equip them to be future-ready as the entire
BFSI sector beckons.
Career Prospects
The Certified BFSI Professional Course equips the young individuals to foray into financial industry viz
Banking & Finance or Securities Markets or Insurance Industry. The program is designed to cater to varied
job roles, from the entry level executives to mid-management cadre in any of the BFSI Sector.
Course Outline
The program is for 187 hours of intensive E-learning modules to impart basic knowledge across Banking &
Finance, Securities Markets & Insurance sector. Each semester is spread over 2 months.
Candidates can register for the program anytime. At the end of third semester, an exam on a predetermined
date and time will be conducted to mark completion of the program. Curriculum for each semester will cover
topics from all three sectors,- Banking & Finance, Securities Markets and Insurance.
The detailed program structure is as below:
Course Outline
A. Banking & Finance
Module
Subject
Hours
1
Indian Economy, Economic Concepts & The Indian
Financial Architecture
9.5
2
Introduction to Banking Products & Functions
(Deposits & Advances)
12
3
Ethics in Banking
2
Total
23.5
B. Securities
Module
Subject
Hours
1
Introduction to Securities Markets
3
2
Regulatory Eco system
3
3
Role of Intermediaries in Securities Markets
4
4
Primary Markets
5
5
Secondary Markets
8
Total
23
C. Insurance
Module
Subject
Hours
1
Fundamentals of Insurance
9
2
Legal Framework of Insurance
6
3
Fire Insurance
6
Total
21
Total – A + B + C
67.5
A. Banking & Finance
Module
Subject
Hours
I
Bank Computerisation, Digital Banking & Cyber Security
6
II
Marketing of Banking Products & Services
5
III
Accounting Principles & Financial Management
14
Total
25
B. Securities
Module
Subject
Hours
I
Securities operations & Risk Management
10
II
Risk & Return in Securities Markets Investment
4
III
Derivative Markets
4
Total
18
C. Insurance
Module
Subject
Hours
I
Life Insurance
6
II
Marine Insurance
6
III
Motor Insurance
6
IV
Liability
2
Total
20
Total – A + B + C
63
A. Banking & Finance
Module
Subject
Hours
I
Legal aspects of Banking
12
II
International Banking, Risk & Treasury Management
11.5
Total
23.5
B. Securities
Module
Subject
Hours
I
Mutual Funds
10
II
Financial Planning
3
III
Investor Grievances Redressal Mechanism in Securities Markets
1
Total
14
C. Insurance
Module
Subject
Hours
I
Health & Miscellaneous Insurance
7.5
II
Claims & Reinsurance
2
III
Insurance Accounts
9.5
Total
19
Total – A + B + C
56.5
Course Eligibility
Graduate or pursuing graduation from a Government or UGC recognised college/ University.
Course Duration
Duration of the program is 187 hours spread over 3 semesters. Each semester will be of 2 months' duration.
Candidate will have access to the course material for a period of 9 months from the date of registration.
Candidates not completing the course within 9 months will have to pay the registration fee again and
re-enrol for the course.
Pedagogical Tools
To supplement the E-learning modules of the course, Video Lectures, E-books, Excel files etc. are also
provided to facilitate the candidates to have a better understanding of the subjects.
Contact classes will be conducted every month subject to student's requests and queries. Interested
candidates can register for these classes for clarifying their doubts or any concepts from the faculty at no
additional cost.
Examination
Exams will be held every quarter, on pre- determined dates, for each semester in the online mode via remote
proctoring.
Exam will be conducted at the end of the course. It will be for a duration of 120 minutes comprising of 100
MCQs (40 MCQs from Banking, 30 MCQs each from Securities Markets & Insurance). Minimum passing requirement
for the final exam is 50% in each section (Banking, Securities Markets, and Insurance) and 60% in aggregate.
If any candidate does not clear the exam, he/she can re-attempt after paying an examination fee of Rs.
1500+GST.
There is no negative marking.
How to Register?
Candidates who wish to apply have to click on the link which will direct them to the registration page. A
link to the registration page is provided in each of the stakeholder’s (NISM, IIBF and NIA) webpage. The
candidates will have to first register themselves on
https://www.nism.ac.in/certified-bfsi-professional/.
Step 1: New Registration – Upon successful registration, a User-ID and password will be
sent to the registered e-mail id and mobile number of the candidate.
Step 2: Application process – Thereafter, candidates are required to log in and complete
the application process by paying the requisite fee.
For Corporate registrations: send your queries to elearning@nism.ac.in
or call 02192-668492/8493.
Course fee
The consolidated course fee for the program is Rs. 10,150 + GST. The course fee may be paid in two
instalments. Re-examination fee of Rs.1500 + GST to be paid in full whenever applicable.
In case any individual cancels or discontinues the program after registration, no refund of any amount will
be given.
Fee Structure
Component
When to be paid
Access to be given
Amount (₹)
1st Instalment (Access to Semester I & II)
At the time of registration
Candidate will get access to Semester 1 & 2
₹6,090
2nd Instalment (Access to Semester III & Exam)
After completion of Semester 2
Candidate will get access to Semester 3 and examination
₹4,060
Total Fee + GST (Payable in two instalments)
₹10,150
* No refund for cancellations after
registration.
Access to the Course
Once successfully enrolled, registered candidates will receive an email from NISM with details to login and
start the course.
Access to semester 1 and semester 2 will be provided after the payment of first instalment. Upon completing
these two semesters and subject to paying the second instalment, access will be provided for third semester
and exam.
Certification
On successfully completing all three Semesters within the validity period, a candidate will be awarded the
‘Certified BFSI Professional’ certificate. This will be a co branded certificate issued by NISM, IIBF & NIA.
The certificate will be directly emailed to the candidates registered email id.
About NISM/ IIBF / NIA
National Institute of Securities Markets (NISM)
The National Institute of Securities Markets (NISM) is a public trust established in 2006 by the Securities
and Exchange Board of India (SEBI), the regulator of the securities markets in India. The institute carries
out a wide range of capacity building activities at various levels aimed at enhancing the quality standards
in securities markets. A comprehensive understanding of activities of NISM can be formed by visiting
(www.nism.ac.in )
Indian Institute of Banking & Finance (IIBF)
Established in 1928 as a Company under Section 25 of the Indian Companies Act, 1913, the Indian Institute of
Banking & Finance (IIBF), formerly known as The Indian Institute of Bankers (IIB), is a professional body of
Banks, Financial Institutions, and their employees in India. The Mission of the Institute is “To develop
professionally qualified and competent bankers and finance professionals primarily through a process of
education, training, examination, consultancy / counselling and continuing professional development
programs.” Details of the courses offered can be viewed at (www.iibf.org.in)
National Insurance Academy (NIA)
Established in 1980, National Insurance Academy (NIA) is a leading institution for learning, education and
research in Management, Insurance, Pension, and allied areas not only in India but in the African, Middle
East and Southeast Asian region. A pioneering academic institution in India’s Insurance landscape, National
insurance Academy, is promoted by the public sector Insurance companies under the aegis of the Ministry of
Finance, Government of India
Nestled in a lush green scenic estate in Pune- India, the academy has a world-class infrastructure offering
tranquillity and a stimulating learning environment at the same time.
NIA’s academic team is a peerless resource in pursuit of excellence. The highly experienced industry
professionals as faculty member bring practical and international insights to the classroom, and the experts
from academia complement through their knowledge of established theories and ability to generate new
knowledge through cutting-edge research. Thus, the Academy provides conceptual knowledge and real-world
experience in the field of insurance and management and contributes to building corporate and business
leaders while upholding ethical values with focus on nation building.
Some of the activities carried out at NIA is
Serving Insurance Professionals through Training
