Chartered Banker Institute

The Chartered Banker Institute (formerly known as The Chartered Institute of Bankers in Scotland) was established in 1875 and is the oldest professional banking institute in the world and the only remaining banking institute in the UK. It aims to help rebuild public confidence in banks and bankers by developing and embedding high ethical, professional and technical standards.[1] In 2011, the Institute led the establishment of the Chartered Banker Professional Standards Board (CB:PSB) an initiative supported by eight UK banks and covering 350,000 individuals working in the banking sector.[2] The CB:PSB develops and supports the implementation of industry-wide professional standards which set out the knowledge, skills, attitudes and behaviours expected of all UK bankers.

Chartered Banker Institute
Founded1875
HeadquartersDrumsheugh House,
Edinburgh
,
United Kingdom
Websitecharteredbanker.com

The Chartered Banker Institute provides a wide range of qualifications for banking and financial services, and is the only professional body authorised by the UK Privy Council to award the prestigious Chartered Banker designation to qualified bankers.[3]

Based at Drumsheugh House in Edinburgh, the Institute has more than 30,000 members in 59 countries. Its fellows are entitled to the post-nominals FBICS.

Chartered Banker

Chartered Banker is the professional qualification awarded to qualified members of the Chartered Banker Institute.[4] To become a Chartered Banker, individuals must pass a series of rigorous examinations on subjects including ethics, credit and lending, risk management and management and leadership. Chartered Bankers are required to complete a minimum of 35 hours of continuing professional development (CPD) per year, including 5 hours of ethics training, and subscribe to the Chartered Banker Code of Professional Conduct.[5]

Chartered Banker MBA

The Chartered Banker MBA is the only qualification in the world combining an MBA and Chartered Banker status.[6] When undertaking the Chartered Banker MBA, students study eight Compulsory Modules and four Electives to gain the 180 credits needed for the full degree and dual award of ‘Chartered Banker MBA’.

The Compulsory modules are listed below.

  • Financial Institutions Risk Management
  • Credit and Lending
  • Professional Ethics and Regulation
  • Corporate Finance
  • Corporate Strategy
  • Managerial Economics
  • Research Methods
  • Human Resources / Organisational Behaviour

The Elective modules can be chosen from the following list.

  • Marketing Strategy
  • International Banking
  • Financial Analysis
  • New Venture Creation
  • Financial Crises and Regulation
  • Islamic Banking and Finance
  • Capital Markets and Treasury Management
  • Private Banking and Wealth Management
  • Financial Services Compliance
  • Retail Banking

See also

References
  1. "Chartered Institute of Bankers". Charteredbanker.com. 14 February 2011. Retrieved 15 March 2011.
  2. "Chartered Bank about us". Charteredbanker.com. 14 February 2011. Retrieved 14 January 2015.
  3. "Chartered Institute of Bankers". Charteredbanker.com. Archived from the original on 19 January 2013. Retrieved 15 March 2011.
  4. "What is a CB". Charteredbanker.com. Archived from the original on 29 July 2012. Retrieved 15 March 2011.
  5. "Code of Conduct". Charteredbanker.com. Archived from the original on 29 July 2012. Retrieved 15 March 2011.
  6. "Chartered Banker MBA". Bangor.ac.uk. Retrieved 1 February 2017.


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