TIOB Examinations
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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:
(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)

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
  Council Prizes:
  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