RBWM is the smallest and probably the easiest subject of the JAIIB exam. By following the right preparation strategy, you can potentially score 50+ marks in RBWM. Below, you will find a detailed and practical JAIIB RBWM preparation strategy. It contains everything from important topics and important modules to the best books & resources to prepare for the RBWM exam.
JAIIB RBWM Preparation Strategy
Before getting started with the RBWM preparation strategy, please note that the RBWM paper was introduced in the RBWM exam in 2023. To check the RBWM exam syllabus in detail, read this article: JAIIB Latest Syllabus.
1. Identifying the Important Topics for RBWM JAIIB
The first step of your RBWM preparation strategy is identifying high-weightage topics. To identify these, we have analyzed the PYQs of RBWM. Based on our analysis, here are the most important topics.
| Most Important Topics of RBWM Module A | |
| Chapters | Important Topics |
| Retail Banking: Introduction | Evolution of retail banking |
| Retail Banking: Introduction | Future of retail banking |
| Retail Banking: Role within the Bank Operations | Business Models |
| Applicability of Retail Banking Concepts and Distinction between Retail and Corporate/Wholesale Banking | Distinction between Retail and Corporate/Wholesale Banking |
| Branch Profitability | Business process structure |
| Branch Profitability | Introduction of branch profitability |
| Branch Profitability | ROA & ROE |
| Branch Profitability | Steps to improve branch profitability |
| Most Important Topics of RBWM Module B | |
| Chapters | Important Topics |
| Customer Requirements | Maslow’s Theory |
| Important Retail Asset Products | Housing Loan under Prime Minister’s Awas Yojana (PMAY) |
| Recovery of Retail Loans | SARFAESI Act |
| Important Retail Liability Products | Demand Deposits |
| Important Retail Liability Products | Term Deposits |
| Recovery of Retail Loans | Defaults & Rescheduling |
| Remittance Products | RTGS, NEFT |
| Product Development process | KYC Guidelines |
| Recovery of Retail Loans | Debt Recovery Agents – RBI Guidelines |
| Uses of AI and Technology in Retail Banking | Artificial Intelligence |
| Uses of AI and Technology in Retail Banking | Evolution of AI |
| Credit scoring | Credit Score |
| Branch Profitability | Net interest margin |
| Important Retail Liability Products | Inoperative accounts |
| Credit scoring | Type of Risks |
| Product Development process | Basic Savings Bank Deposit Account (BSBDA) |
| Credit & Debit cards | Credit & Debit cards |
| Recovery of Retail Loans | Provisioning norms |
| Important Retail Liability Products | Form 15 G |
| Important Retail Asset Products | Central Sector Interest Subsidy (CSIS) |
| Important Retail Asset Products | Educational Loans |
| Important Retail Liability Products | Saving accounts |
| Most Important Topics of RBWM Module C | |
| Chapters | Important Topics |
| Delivery Channels in Retail Banking | Mobile banking operations |
| Delivery Channels in Retail Banking | Point of sale terminal (POS) |
| Delivery Channels in Retail Banking | Internet Banking |
| Delivery Channels in Retail Banking | Automated Teller Machine |
| Delivery Channels in Retail Banking | Unified Payments Interface (UPI) |
| Digitisation of Retail Banking Products | Digital Lending |
| Delivery Channels in Retail Banking | MPIN |
| Marketing:An Introduction | Marketing in retail banking |
| Marketing:An Introduction | Process of marketing |
| Customer Relationship Management in Retail Banking | Customer Relationship Management |
| Marketing Information system-A longitudinal analysis | Marketing Mix |
| Delivery Models | Delivery Models |
| Marketing Information system-A longitudinal analysis | Components of marketing information system |
| Delivery Channels in Retail Banking | BHIM App |
| Service standard for Retail Banking | Banking codes and standards Board of India (BCSBI) |
| Most Important Topics of RBWM Module D | |
| Chapters | Important Topics |
| Tax planning | Tax planning – Residential status |
| Tax planning | Income tax return – Important terms |
| Investment Management | Basics of investment management |
| Tax planning | Insurance |
| Importance of Wealth management | Wealth management introduction |
| Importance of Wealth management | Wealth management products |
| Tax planning | Capital gains tax |
| Other financial services provided by banks | Portfolio management vs investment banking |
| Other financial services provided by banks | Mutual fund |
| Tax planning | Short-term capital gain |
| Other financial services provided by banks | Portfolio Management Service |
| Importance of Wealth management | Will Writing |
| Other financial services provided by banks | Para banking |
- Important Topics
- Expected Questions
- Previous Year Papers
2. Identifying Important Modules of RBWM for JAIIB
The next step would be to determine which modules you should prioritize.
Based on the analysis of RBWM PYQs, here is what you should do:
- Start with Module B
Initiate your JAIIB RBWM preparation by prioritizing module B, as the majority of questions are asked from this module. This enables you to tackle the most scoring topics first, allowing you to build a strong foundation and boost your confidence.
- Proceed with Module D
After successfully covering Module B, the next strategic step is to cover Module D . This sequential approach ensures a comprehensive understanding of key concepts and topics, allowing you to progress logically through the syllabus.
- Finally, Modules C and A
Modules C and A have the lowest weightage. Therefore, you can proceed with these modules after you’ve covered high-weightage modules i.e., B and D.
Note. While modules A and C have low weightage, you should not completely ignore them. Questions asked from these modules are relatively easy. Therefore, a basic overview of these modules can help you clear the cut-off and score higher in the JAIIB RBWM paper.
The next step would be to identify the top resources for your RBWM preparation.
- Important Topics
- Expected Questions
- Previous Year Papers
3. Important Books for RBWM Preparation
Here are the best books and sources to prepare for the RBWM paper:
| Best Books and Sources for RBWM Preparation | ||||
| SNo. | Books | Author | Publisher | Buy Here |
| 1 | Retail Banking & Wealth Management | IIBF | Macmillan | Buy Online |
Pro Tip:
- The IIBF’s book for RBWM preparation is one of the best resources as 90% of the questions are derived from this book.
- This book can however be complex, especially for beginners with limited hands-on experience in the retail banking domain. Also, some data in the book may be outdated.
- Therefore it’s essential that you keep the latest updates and RBI notifications in mind.
- If books are your primary source of preparation, try covering the summaries and MCQs given at the end of each chapter, regardless of the importance of the chapters and modules.
Other Recommended Sources
Below are the other recommended sources that can help you further enhance your preparation.
- Retail Banking PDF by BAOU
The Retail Banking PDF from Dr Babasaheb Ambedkar Open University (BAOU) is a good source for RBWM paper preparation, as direct questions are asked from it.
- IIBF e-Learning Portal
IIBF offers an e-learning portal where you can access digital study material, online courses, and mock tests to prepare for the RBWM paper. This is an excellent resource to enhance your understanding of the exam topics.
- Online Learning Platforms
There are multiple online learning platforms that offer RBWM courses. These platforms offer a wide range of study materials, interactive lessons, practice quizzes, mock tests, and guidance from experienced educators.
- YouTube Videos
EduTap JAIIB YouTube channel provides free insightful tutorials and explanations on important RBWM topics, allowing you to understand complex RBWM topics through quality video lectures.
After getting familiar with the important books and resources, let’s understand the timetable for the JAIIB RBWM preparation.
- Important Topics
- Expected Questions
- Previous Year Papers
4. Study Plan cum time Table for RBWM Preparation
The next step would be to make an easy-to-follow timetable to make your preparation easy and more effective.
| JAIIB Retail Banking and Wealth Management (RBWM) Time Table & Study Plan | |||
| SNo. | Module | Time | Instructions |
| 1 | Module A: Retail Banking | 4 Hours | Simple and scoring module |
| 2 | Module B: Retail Products and Recovery | 10 Hours | Linked to banking work A clear understanding of the basics is a must Solve JAIIB PYQs |
| 3 | Module C: Support Services – Marketing of Banking Services/Products | 5 Hours | Theoretical Topics – so simple reading will serve the purpose Link it with your daily bank work |
| 4 | Module D: Wealth Management | 8 Hours | Careful reading is required for a better understanding of the topics Keep yourself updated with recent developments |
| Total | 27 Hours | ||
Here is a detailed video explaining the RBWM Preparation Strategy.
5. Tips for JAIIB RBWM Preparation
The last step would be to keep the following tips to keep in mind when preparing for the JAIIB RBWM exam:
- Take short breaks (5-10 minutes) between study sessions.
- Invest more time in preparation on weekends.
- To make your preparation easier, you can sign up for crash courses and test series.
- Previous year MCQs are often repeated. Therefore, referring to PYQs can help you score better.
- Make sure to focus on gaining conceptual clarity when preparing for the RBWM exam.
- Attempt mock tests to determine your level of preparation and identify and fix any gaps.
Note:
If you’re looking for a comprehensive solution that increases your chances of clearing the JAIIB RBWM exam, you can opt for EdutTap’s JAIIB RBWM Master Course.
It comes with recorded and live sessions, concepts, notes, solved PYQs, and multiple mock tests. In addition, you can connect with our mentors if you need answers to your queries.
Conclusion
This preparation strategy can help you prepare important topics, chapters, and modules of the JAIIB RBWM paper. However, make sure you follow the timetable and invest a few hours daily to complete the syllabus timely.
