Examinations

Examinations

Examinations under Key Professional Programs

  • Examinations for DBF and HDBF under the New Curriculum will be conducted commencing from March 2024
  • Examinations for IABF and DABF under the Old Curriculum will continue until September 2025.
  • Two examinations cycles are conducted for DBF, HDBF, IABF, and DABF in March and September under normal circumstances. These time periods are subject to change under unavoidable circumstances.
  • Examinations are conducted in all three mediums of English, Sinhala, and Tamil

Examinations under Special Programs

  • Examinations under Special Programs of Certificate Courses, Diploma Courses, Executive Diploma Courses, and Postgraduate Executive Diploma Courses are conducted according to the timetable related to each specific course.

All examinations are conducted by following international standards.

Examination Regulations
Examination Procedure
Subject Structure of the professional programme
Certification and Verification
Skills & Competencies

Eligibility

Each candidate should have a valid active membership with respective to the professional programme (IABF/DABF) or (DBF/HDBF) and valid registration with respect to other programmes (Special Diplomas/Certificates) to be eligible to sit for the respective examination.

Mode of Examination

Assessment could be a combination of a continuous assessments and/or examinations, as per the requirements. Mode of examination will be closed-book written examination based on a question paper/s, unless specified otherwise.

Language Media

Examinations are conducted in the three mediums of Sinhala, Tamil and English or only in one language as per the requirement.

General

The timetable related to each and every examination is announced in advance through the IBSL Website, Google Classroom and Facebook. Other common modes of communication are also used depending on the need.

Submission of Applications

Candidates can submit their applications online through MY IBSL or manually with a duly completed application in the relevant form which can be downloaded from the website. The application should be supported with the proof of due payment for it to be valid and should reach the Director Examinations of IBSL, at No. 80 A, Elvitigala Mawatha, Colombo 08 on or before the specified deadline.

Facility to Submit the Applications after the Deadline

Late applications are accepted up to 14 calendar days after the closing date of applications subject to a 10% surcharge on the total exam fees payable, where applicable.

Changes for the Applications

If a Candidate wishes to make changes to the application that has been submitted with respect to subject, medium of the language and the examination centre, he/she can do so only within 21 calendar days from the first closing date for the submission of the application.

Withdrawal of Applications

If a candidate wishes to withdraw the examination application, he/she can do so within 21 calendar days from the closing date of applications subject to an administrative fee of 25% of the fees paid for the respective examination.

Admissions Cards

Admission card to sit for a given examination is issued within two weeks prior the respective examination. If the admission card is not received within 07 days before the respective examination, candidates can obtain the E admission by downloading it from the IBSL website.

Intermediate In Banking & Finance Examination(IABF)

Subject Code
Compulsory Subjects
I01
Survey of Financial System
I02
Commercial Banking
I03
Business Accounting
I04
Introduction to Banking and Financial Law
Subject Code
Optional Subjects (Two to be Passed)
I05
Principles of Economics
I06
Non-Banking Financial Institutions
I07
Financial Clients Management
I08
Business Mathematics and Statistics

Diploma In Banking & Finance Examination(DABF)

Subject Code
Compulsory Subjects
D01
Economics of Money and Monetary Policy
D02
Financial Management
D03
International Trade and Finance
D04
Credit Management
Subject Code
Optional Subjects (Three to be Passed)
D05
Financial Institutions Management
D06
Financial Markets Operations
D07
Investment Banking
D08
Development Finance
D09
Central Banking

Diploma Banking & Finance Examination (DBF)

DBF consists of two semesters; Semester I and II. Each Semester consists of three compulsory subjects and two optional subjects. Students are required to pass all compulsory subjects and one optional subject out of two under each Semester of the DBF.
Course Title
Course Code
Status
Credits
Semester - I
1. Survey of Financial Systems
DBF 11014
Compulsory
04
2. Elements of Banking and Non-bank Finance
DBF 11024
04
3. Accounting and Auditing
DBF 11034
04
4. IT, Digital Banking and Settlements
DBF 11043
*Optional
03
5. Economics for Banking
DBF 11053
03
Semester - II
6. Principles of Law
DBF 12064
Compulsory
04
7. Quantitative Techniques
DBF 12074
04
8. Principles of Management
DBF 12084
04
9. Ethics and Client Management
DBF 12093
*Optional
03
10. Principles of Marketing
DBF 12103
03
11. Business Communication
DBF 12110
Compulsory & non-credit module
N/A
Total Credits
30

Higher Diploma Banking & Finance Examination (HDBF)

HDBF consists of two semesters; Semester I and II. Each Semester consists of three compulsory subjects and two optional subjects. Students are required to pass all compulsory subjects and one optional subject out of two under each Semester of HDBF.
Course Title
Course Code
Status
Credits
Semester - I
1. Central Banking and Monetary Policy
HDBF 21124
Compulsory
04
2. Law Relating to Banking and Practice of Banking
HDBF 21134
04
3. Credit Management
HDBF 21144
04
4. International Trade and Finance
HDBF 21153
*Optional
03
5. Corporate Governance and Ethics
HDBF 21163
03
Semester - II
6. Compliance and Regulations
HDBF 22174
Compulsory
04
7. Risk Management and IS Security
HDBF 22184
04
8. Strategic Leadership
HDBF 22194
04
9. Advanced Quantitative Techniques
HDBF 22203
*Optional
03
10. Financial Management and Treasury Operations
HDBF 22213
03
Total Credits
30

The examination results are released within twelve weeks after the final date of the examination subject to the approval of the Governing Board of the IBSL after careful scrutiny.

Results are released through the IBSL Website and Academic Transcripts are issued to members after each cycle of Examination. The original Certificates are issued to members who successfully complete the professional Examinations.

The examination results are not divulged by telephone, telegraph or fax.

The institute may withhold the release of results for the following reasons until issues are resolved:

  • If exam entry form is defective
  • For violation of examination rules
  • Candidate’s identity is not established and is disputed at the examination hall
  • For misconduct at the examination center
  • Issues relating with Subscription/Examination Fees

The subjects under professional programmes are expected to provide standard theoretical & and practical knowledge to improve the skills and competencies that can be effectively utilize on the Job.Completion of professional programmes will enhance the skills and competencies of in the following areas:

  • Conduct of Business
  • Management of Institutions
  • Policy/Regulatory Environment in Banking & Finance