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1.
INTRODUCTION
The Tanzania Institute of Bankers was incorporated
on 16 June 1993 under the Companies Ordinance
(Cap 212) of the laws of Tanzania. The Institute
is charged with the principal objectives of
setting, promoting and upgrading the excellence
and professionalism in the banking and financial
services industry in Tanzania. In the formative
stages, the aim would be to alleviate the
acute shortage of professional and efficient
career bankers, thus enhancing the quality
services to the public.
Objectives:
The principal objectives of the Institute
as laid down in the Constitution are as follows:
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| (a) |
To promote, encourage and provide opportunities
for members to acquire knowledge of the theory
and practice of banking and to facilitate
the consideration and discussion of matters
of interest to bankers and persons associated
with banks and financial institutions; |
| (b) |
To
act as a regulatory and disciplinary body
for the banking profession and to promote
professional integrity and ethics and to set
standards for the banking profession; |
| (c) |
To
set, mark and conduct or approve examinations
in banking subjects and accordingly to issue
diplomas and certificates either alone or
jointly with other educational or professional
bodies; |
| (d) |
To
liaise with other educational bodies, colleges
and institutions of higher learning and co-operate
in the developing of teaching syllabus of
the diploma in banking but with the Company
remaining the examining body responsible for
setting papers, moderating and appointing
of examiners; |
| (e) |
To provide facilities for reading, discussion
and publication of approved papers by members
of the Company and others, and to arrange
for the delivery of lectures and the provision
of instructions on banking and other subjects
of interest or practical use to bankers; |
| (f) |
To establish, maintain and operate libraries
containing, principally, works on banking,
commerce, finance, economics, law and all
other allied subjects. |
| To
achieve the above objectives, the Institute
shall: |
| (i) |
Promote educational opportunities designed
to aid members in enhancing their professional
skills; |
| (ii) |
Determine the entry requirements and qualifications
for their recognition; |
| (iii) |
Monitor and maintain record of each member’s
formal education; |
| (iv) |
Conduct executive development programmes for
its members. |
2.
MEMBERSHIP
According to Article Five (5) of the Constitution,
there are five categories of members of the
Institute:
(i) Corporate Members;
(ii) Honorary Fellows;
(iii) Fellows;
(iv) Associate Members
(v) Ordinary Members |
| (a) |
Honorary Fellows: who shall be persons of
distinction in the practice or literature
of banking, commercial law, economics or kindred
subjects and who on invitation, or nomination
by at least two or more Fellows as described
in (b) hereunder, shall be accepted by the
Council as fit and proper persons on the basis
of their learning and contribution to the
field of banking and financial institution
management and additionally on the basis of
character and public bearing, and shall have
been elected by the Council to the rank of
Honorary Fellow of the Institute; |
| (b) |
Fellows: Shall be elected by the Council from
among the Associates on the nomination of
at least three Fellows of the Institute who
shall certify in writing that the nominee
is a fit and proper person to be considered
and elected a Fellow; |
| (c) |
Associates: Shall be individuals who have
passed such examinations or obtained such
qualifications as the Council may from time
to time prescribe or approve. |
| (d) |
Corporate Members: Shall be all the banks
and financial institutions registered and
carrying on banking business in Tanzania. |
| (e) |
Ordinary Members: Shall be such student members
as shall on ceasing to be students automatically
become Ordinary Members when eligible in terms
of the Council requirements and in addition
such persons as shall be elected by the Council
from the staff of any Corporate Member’s
establishment or from persons in other relevant
employment who have met such other requirements
as the Council may determine from time to
time. |
| 3.
EXAMINATIONS REGULATIONS |
| (i)
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Examinations:
Examinations are held twice a year, in May
and in November. The examinations are written
at approved centres throughout Tanzania
and every attempt is made, where possible,
to allow members to write examinations at
a venue close to their tuition centre.
Examinations are conducted in evening sittings
starting at 1600 hrs and ending at 1900
hours. Candidates must be seated by 1600
hrs. They must bring to the examination
room their examination slip issued by the
Institute which shows the subjects for which
they are entered, as well as TIOB identity
card.
Candidates should write only the subjects
for which they are registered. No books
or papers will be allowed into the examination
room. The use of silent (non programmable)
calculators is permitted in all subjects.
No other aids may be used unless allowed
in the question papers. |
| (ii) |
Examinations Results:
All examinations results will be available
approximately two months after each examination
sitting. Candidates will be advised individually
of their results by post. A complete list
of examinations results will be available
for inspection at the Institute’s offices
as soon as they are released and at the various
tuition centers.
Examinations results WILL NOT be given over
the telephone, by telegram, by fax or via
electronic-mail. |
| (iii) |
Exemption Policy:
Application for exemption must be made on
the Institute’s prescribed Application
for Exemption form. These applications must
be accompanied by certified copies of qualifications
obtained setting out the subjects passed.
Exemption fees are payable only when the exemptions
have officially been confirmed by the Institute.
A fee will be charged per exempted subject.
As a matter of policy, only subjects examined
by and passed through formal academic or professional
institutions such as universities, institutes
of higher learning or recognized professional
bodies will be considered. The Institute’s
decision in this regard is final.
Members in possession of a degree or advanced
diploma may enter directly for the Associateship
Examinations and, depending on their qualifications,
may be granted exemptions from the core subjects
of the Associate examinations. |
| (iv) |
Examination Entries:
Entries must be made on the prescribed form,
which may be obtained from the Institute and
from tuition centres. |
| (v) |
Examination Fees:
Completed examination entry forms must be
accompanied by the appropriate fee as indicated
on the forms.
If after the closing date for the receipt
of examination entries, a candidate withdraws
his/her entry, or fails to sit the examination,
neither the full fee nor any part thereof
will be refunded. However, if the candidate
is prevented by illness from attending the
examination and submits a medical certificate
to that effect, the examination entry will
be transferred to the next sitting. |
| (vi) |
Closing Date:
Entry
forms, accompanied by the appropriate fee,
must reach the Institute not later than
the closing date shown on the form.
Candidates
are advised to opt for one of the centres
approved by the Institute. Changes of examination
centre will be allowed only in case where
a candidate is on transfer. Requests for
changes of centres should reach the Executive
Director at least three weeks prior to the
examination. |
| (vii) |
Pass
Marks:
The pass standard is the same for both the
May and November examinations. It falls under
the following bands:
Pass - 51
– 64%
Merit - 65
– 80%
Distinction - 81 – 100% |
| (viii) |
Results:
Results will be posted to candidates as follows:
May examinations - end of July
November examinations - end of January
No results will be issued to candidates whose
subscriptions or examination fees are not
fully paid. |
| CONDUCT
OF THE EXAMINATIONS |
| (a) |
Candidates must produce their TIOB identity. |
| (b) |
Candidates must bring their attendance notice
to the examination centre. |
| (c) |
The examinations will be supervised by responsible
persons appointed by the Institute. |
| (d) |
The
packets of question papers should be opened
at the beginning of the examination in the
presence of the candidates and distributed
so that all candidates may start the examination
simultaneously. |
| (e) |
Candidates are not allowed to use programmable
calculators in any examination, only silent
non-programmable calculators may be used.
No other aids such as books, dictionaries,
papers or mathematical tables are permitted.
Any such items which have been brought into
the room must be left in the invigilator’s
care. |
| (f) |
Candidates must not communicate or attempt
to communicate with each other once the examination
has started, nor copy from other candidates’
scripts. |
| (g) |
Any candidate who infringes the regulations
will be reported to the Council of the Institute
and will be liable to disciplinary action,
including disqualification from future sittings. |
| (h) |
Candidates should read carefully the instructions
on the front page of their question paper
before starting to answer the questions, and
should complete the details required on the
front of their answer book. They should ensure
that any loose sheets are fastened together
securely in the back of the answer book. |
| (i) |
Candidates will not be admitted to the examination
room after the first 45 minutes and may not
leave the room within one hour of the start.
If candidates do leave before the end of the
examination, they must do so as quietly as
possible to avoid disturbing others still
writing. |
| (j) |
To allow time for revision of the paper, candidates
will be told when 15 minutes remain. |
| (k) |
Smoking is not allowed. |
| (l) |
Candidates must switch off their mobile phones
in the examination room. |
| AWARDS
TO SUCCESSFUL CANDIDATES |
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Council
Prizes: |
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1st
Council Prize equivalent to USD 400
Awarded annually to a candidate with the highest
aggregate mark in the Associateship Diploma.
2nd Council Prize equivalent to USD
300
Awarded annually to a candidate with the highest
aggregate mark in the Banking Certificate. |
ROUTES
TO BANKING CERTIFICATESHIP PROGRAMMES |
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