Am I eligible?
- Open to all clerical staff of our corporate members. No previous qualifications required.
- Direct entry to Associate Level if member has a first degree from a recognised university.
- Non Bankers requires a minimum of o-level (form 5) with passes in English and Mathematics.
The Institute recognizes members’ prior educational qualifications and grants exemptions on such previous qualifications, wherever possible. e.g. The Institute recognises equivalent Associateship examinations like IOBSA (Institute of Bankers in South Africa), Z.I.O.B. (Zimbabwean Institute of Bankers), University Diploma etc. Exemptions are granted on a subject for subject basis. Degree holders are exempted from the Certificate In Banking and commence from Associate Diploma 1. Applications for exemption should be made in writing, on the appropriate form, providing full details of the qualification held, including certified copies of certificates, official transcripts listing all subjects passed and the relevant syllabuses. An EXEMPTION FEE is charged (refer to schedule of fees).
Our Institute is one of the few to offer regular tuition classes. The BIOB takes an active role in providing effective tuition support. The Institute engages qualified professionals to lecture for specific subject on a part-time basis. All BIOB lectures are BOTA accredited. Training lectures are conducted in Gaborone for ALL subjects to assist members in preparing for the examinations. Lectures can also be conducted in other centres outside Gaborone provided suitable lecturers are identified to lead the classes; a minimum of requirement of ten students per class is met and most importantly members are committed to attending these lectures. No attendance fee was charged to Ordinary Members in the past but a minimal course fee per subject (refer to schedule of fees) is now charged to help meet the increasing costs of hiring part-time lecturers, and to improve members’ commitment to regular attendance of classes.
Members from outside centres may also register to study by correspondence and purchase the relevant study material from the Institute. Past examination question papers (questions, suggested solutions & Examiners comments) may also be purchased from the Institute (refer to schedule of fees).
Affiliate Members are required to pay an attendance fee for each subject they enroll for. There are two academic terms per annum to cater for each examination sitting.
Each class is of 2-hour duration (5:30p.m. – 7:30p.m.), only selected subjects have duration of 3 hours (5:30p.m. – 8:30p.m.). Classes are held once weekly for each subject. Revision seminars are held during the last week prior to examinations.
N.B. Purchase of BIOB study material is compulsory. Classes are optional.
The Institute is committed to developing timely (up to date and relevant study material for all courses at all times. Study material purchased too long in advance may be rendered inappropriate for use as it may become obsolete.
Members can purchase the recommended BIOB tuition material direct from the Institute. All members are required to purchase the relevant study material before they will be admitted to write the examinations. The Institute has just completed the development of its new study material to bring it in line with the new curriculum. The new study material has got more improved features in addition to updated and relevant information
Most of our Corporate Members offer financial assistance to examination candidates on their staff. The degree of financial assistance differs among the various financial institutions – but is substantial in most instances in Botswana.
None – for completion of Associateship.
How long does the programme last?
Although candidates are encouraged to take up to 3 subjects at a particular level, in one sitting, if possible, to get the examinations over within a reasonable time, candidates, may set their own pace and even take one subject at a time. N.B. Several students have taken all subjects at a particular level and passed in one sitting. They then become eligible to compete for our special completion prize.
Sequence of subjects
Candidates: (a) may take subjects, within a level, in any sequence provided the timetable allows it! (b) are strongly advised to follow any guidance concerning prior study given at the start of individual subject syllabuses (e.g. candidates for Law Relating to Banking are advised to study Principles of Law first and Branch Banking should also be preceded by Accounting 2, and Accounting 2 by Accounting 1) etc.
Despite being exempted from the Certificate level, university graduates who never did Accounting are advised to do Accounting 1 at the Certificate level to enable them to cope with Accounting 2 at a higher level.
Candidates are allowed to carry only one subject forward to the next stage not more. E.g. If you have passed 5 subjects at the Certificate in Banking and you are left with 1 subject to complete, you can take this subject together with some subjects from the next stage, which is the Associate Diploma 1. But if you are left with two subjects or more you will not be allowed do some subjects at the next stage until you have passed those subjects. The carried subject must be passed before progress to subsequent further stages, for example, one certificate level subject can be carried forward to the Associate Diploma 1 level, but this certificate subject may not be carried forward to the Associate Diploma 2.
How do I begin?
- Register as member of the BIOB, i.e. fill appropriate membership form and pay membership fee.
- With reference to section 9 of this handbook, members may apply for exemptions on the appropriate forms, where applicable.
- Apply for a study loan from your financial institution – to obtain BIOB tuition material, i.e. correspondence courses (distance learning), to be supplemented by evening classes.
- Register for evening classes on the special form sent to members when enrollment time is due.
- When ready – send examination entry form to the Institute along with examination entry fee. This is also sent to members every time the examination entry date is due.