About This Course
Certificate Course in Foreign Exchange provides practical knowledge of foreign exchange (forex) business handled by banks in India. It covers the rules, procedures, and operations related to international trade and forex transactions, and trains you to manage forex dealings safely and in compliance with RBI regulations, preparing you for roles in forex, trade finance, and international banking.
Our structured approach helps you develop a winning exam strategy by effectively tackling lengthy questions, statement-based MCQs, and case studies. You will follow a clear preparation roadmap aligned with the latest IIBF pattern, covering concepts from fundamentals to advanced levels and building the practical skills required to handle real-world foreign exchange operations and challenges with confidence.
Course Description
1. Live classes on Zoom App as per the exam schedule
2. Missed a live class? The session recording will be available to you within 24 hours.
3. Recorded classes of previous batches also available in our IBS Vigyan App.
4. One physical, exam-oriented study book will be dispatched to the candidate’s registered address or bank branch within one week from the date of enrollment.
5. Comprehensive Mock Tests: 5 Full-length Mock Tests
6. Doubt-clarification via Telegram group and WhatsApp support.
7. Personalized mentorship guidance to assist candidates with preparation strategies and exam success.
Who Should Do This Course?
1. Bank employees working in: Forex desks, international banking and Trade finance departments
2. Officers handling: Export/import documents, Remittances and forex transactions
3. Students and professionals aspiring to work in forex or international banking
Eligibility Criteria:
1. Members and Non-Members of the Institute
2. Candidates must have passed the 12th standard examination in any discipline or its equivalent.
What You Will Learn
Foreign Exchange Operation Syllabus and Exam Pattern
I. a) FEDAI Role and Rules
b) Foreign Exchange Rates and Risk Management
c) Code of Conduct, Ethics/ Compliance, Corporate Governance
II. Regulatory Requirements under FEMA for Resident/ Non-resident Individuals
III. Regulatory Requirements under FEMA for Resident/ Non-resident Entities
IV. Documentary Credits & Standby Credits
V. Export Finance
VI. Foreign Trade Policy (FTP) 2023
Passing Criteria:
The Foreign Exchange Operation exam paper consists of 100 multiple-choice questions carrying a total of 100 marks. To qualify, a candidate must secure a minimum of 50% marks, i.e., at least 50 out of 100 in the written examination. There is no negative marking for incorrect answers.
Examination will be conducted under remote proctored mode in English only. Duration of exam: 2hrs.
Additional Notes
