The Chartered Banker Institute was established in 1875 and is the oldest professionalbanking 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. In 2011, the Institute led the establishment of the Chartered Banker Professional Standards Board an initiative supported by eightUK 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. The Chartered Banker Institute provides a wide range of qualifications for banking and financial services, and is the only professional body authorised by the UK Privy Council to award the prestigious Chartered Banker designation to qualified bankers. Based at Drumsheugh House in Edinburgh, the Institute has more than 30,000 members in 59 countries. Its fellows are entitled to the post-nominals FBICS.
Chartered Banker
Chartered Banker is the professional qualification 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, credit and lending, risk management and management and leadership. Chartered Bankers are required to complete a minimum of 35 hours of continuing professional development 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 is the only qualification in the world combining an MBA 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’. The Compulsory modules are listed below.