The Chartered Banker Institute was established in 1875 and is the oldest

professional A professional is a member of a profession or any person who works in a specified professional activity. The term also describes the standards of education and training that prepare members of the profession with the particular knowledge and ski ...

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. The institute offers a range of qualifications for banking and financial services.

History

The organisation was formed in 1875 as the Institute of Bankers in Scotland. In 1976, a first royal charter was awarded and it became the Chartered Institute of Bankers in Scotland. 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. 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. Based at Drumsheugh House in

Edinburgh Edinburgh ( ; gd, Dùn Èideann ) is the capital city of Scotland and one of its 32 Council areas of Scotland, council areas. Historically part of the county of Midlothian (interchangeably Edinburghshire before 1921), it is located in Lothian ...

, the institute has more than 30,000 members in 59 countries. there were around one thousand fellows, who may use the post-nominals FCBI.

Qualifications

The Chartered Banker Institute provides a wide range of qualifications for banking and financial services. It is responsible for awarding Chartered Banker designation to qualified bankers, a protected title. As a professional body it is authorised by the UK Privy Council to award this designation.

Chartered Banker

Chartered Banker is the

professional qualification Professional certification, trade certification, or professional designation, often called simply ''certification'' or ''qualification'', is a designation earned by a person to assure qualification to perform a job or task. Not all certifications ...

awarded to qualified members of the Chartered Banker Institute. To become a Chartered Banker, individuals must pass a series of rigorous examinations on subjects including

ethics Ethics or moral philosophy is a branch of philosophy that "involves systematizing, defending, and recommending concepts of right and wrong behavior".''Internet Encyclopedia of Philosophy'' The field of ethics, along with aesthetics, concerns ...

, credit and lending, risk management and management and leadership. Chartered Bankers are required to complete a minimum of 35 hours of

continuing professional development Professional development is learning to earn or maintain professional credentials such as academic degrees to formal coursework, attending conferences, and informal learning opportunities situated in practice. It has been described as intensive ...

(CPD) per year, including 5 hours of ethics training, and subscribe to the Chartered Banker Code of Professional Conduct.

Chartered Banker MBA

The Chartered Banker MBA, with

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, is the only qualification in the world combining an

MBA A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accoun ...

and Chartered Banker status. 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’.

References

External links