Welcome, Guest: Join Nairaland / LOGIN! / Trending / Recent / New
Stats: 2,741,663 members, 6,502,740 topics. Date: Wednesday, 22 September 2021 at 10:26 PM

How Relevant Is CIBN Certification In Nigeria/globally - Career - Nairaland

Nairaland Forum / Nairaland / General / Career / How Relevant Is CIBN Certification In Nigeria/globally (15117 Views)

Pass Your CIBN(The Chartered Institute of Bankers of Nigeria) Exams With Ease / What Are The Benefit Of ITIL Certification In Nigeria / National Trade Test Certificate - How Relevant It Is? (2) (3) (4)

(1) (2) (Reply) (Go Down)

How Relevant Is CIBN Certification In Nigeria/globally by DexterousOne(m): 8:52am On Feb 25, 2017
Good day to you all.....

Please can anyone satisfy my curiosity on the relevancy of the ACIB, or CIBN certification in Nigeria, and maybe globally.

Most of us know ICAN and how valuable it is, but for CIBN, I personally don't know much about it.

Can someone please clarify these things for me?
Thank you
Re: How Relevant Is CIBN Certification In Nigeria/globally by AntiWailer: 8:55am On Feb 25, 2017
Waste of time.

You can just decide ti have CIBN after years of working in a bank.

Nobody will employ you for having CIBN.

6 Likes 1 Share

Re: How Relevant Is CIBN Certification In Nigeria/globally by Jaytecq(m): 7:11am On Feb 27, 2017
he just nailed it up there

1 Like

Re: How Relevant Is CIBN Certification In Nigeria/globally by frankstein: 7:11am On Feb 27, 2017
Someone tell me
Re: How Relevant Is CIBN Certification In Nigeria/globally by surrogatesng: 7:14am On Feb 27, 2017
I will also lie to know
Re: How Relevant Is CIBN Certification In Nigeria/globally by timawoku(m): 7:14am On Feb 27, 2017
CIBN is as useless as 'P' in Pneumonia, did mine 12 years ago and never helped me, it is also like that NIM of a thing we all rushed to do during NYSC, I don't even know where those certifcates are again. Do ICAN and you most definately be relevant, persevere and reap for the rest of labour life....cheers!

4 Likes

Re: How Relevant Is CIBN Certification In Nigeria/globally by afuye(m): 7:15am On Feb 27, 2017
CIBN is irrelevant in the banking industry, ICAN is better off

2 Likes

Re: How Relevant Is CIBN Certification In Nigeria/globally by souleymon(m): 7:16am On Feb 27, 2017
For us that don't know what it stand.
It serves no usefulness since op didn't state what it stands for

3 Likes

Re: How Relevant Is CIBN Certification In Nigeria/globally by Obinnau(m): 7:20am On Feb 27, 2017
what's CIBN

1 Like

Re: How Relevant Is CIBN Certification In Nigeria/globally by timawoku(m): 7:23am On Feb 27, 2017
souleymon:
For us that don't know what it stand.
It serves no usefulness since op didn't state what it stands for
Chartered Institute of Bankers of Nigeria
Re: How Relevant Is CIBN Certification In Nigeria/globally by Viking007(m): 7:23am On Feb 27, 2017
Obinnau:
what's CIBN
Chartered Institute of Bankers of Nigeria.
Re: How Relevant Is CIBN Certification In Nigeria/globally by sweatlana: 7:25am On Feb 27, 2017
Almost nothing Nigerian is relevant globally.

2 Likes

Re: How Relevant Is CIBN Certification In Nigeria/globally by AntiWailer: 7:29am On Feb 27, 2017
timawoku:
CIBN is as useless as 'P' in Pneumonia, did mine 12 years ago and never helped me, it is also like that NIM of a thing we all rushed to do during NYSC, I don't even know where those certifcates are again. Do ICAN and you most definately be relevant, persevere and reap for the rest of labour life....cheers!

I share ur sentiment.

Back then I knew NIM would be useless and I did not even waste my time attempting it.

Some mistakenly assume they will become a manager after doing that rubbish course. grin

6 Likes 1 Share

Re: How Relevant Is CIBN Certification In Nigeria/globally by Odunharry(m): 7:55am On Feb 27, 2017
Obinnau:
what's CIBN
Chartered institutes of banker of Nigeria.
Re: How Relevant Is CIBN Certification In Nigeria/globally by Nobody: 7:56am On Feb 27, 2017
Comparing CIBN to NIM has to be the most preposterous comparison I have seen in my life.
CIBN and NIM are not and can never be on the same scale if truly you've passed through both or CIBN.

OP, globally? I can't really tell.
In Nigeria? Yes.
ICAN was everything till it became pertinent to have a certification for bankers or people in the banking industry _ICAN didn't cover all the nitty-gritty of Banking/Finance.
Some people think having certifications would 'automatically' land them jobs, I have seen jobless people with ICAN too. I have seen jobless engineers with HSEs. That said...

*I have seen people get jobs for having CIBN certification. I have also lost chances for not having one or being in the process of having one in the past.
*I have seen job adverts specify, ICAN, ACIB, CIP would be given special advantage. Do you know more than the recruiters?
*There is a level you can't assume without having one in the bank.
*Maybe the people that commented above think banking is all about operations and marketing. There are specialised unit in banking, you need such certifications to function in.

Steps are currently taken to ensure every 'banker' has one. It has been done in the past severally, but kicked against. We need to have professionals and people enthusiastic about the job in that industry_ not any waka pass.

If you're a banker, who has done CIBN and it didn't influence your work ethics positively, just know you're part of the problem in the industry.

30 Likes 2 Shares

Re: How Relevant Is CIBN Certification In Nigeria/globally by Odunharry(m): 7:59am On Feb 27, 2017
PaperLace:
Comparing CIBN to NIM has to be the most preposterous comparison I have seen in my life.
CIBN and NIM are not and can never be on the same scale if truly you've passed through both.

OP, globally? I can't really tell.
In Nigeria? Yes.
ICAN was everything till it became pertinent to have a certification for bankers or people in the banking industry.

*I have seen people get jobs for having CIBN.
*I have seen job adverts specify, ICAN, ACIB, CIP would be given special advantage.
*There is a level you can't assume without having one.
*Maybe the people that commented above think banking is all about operations and marketing. There are specialised unit in banking, you need such certifications to function in.

Steps are currently taken to ensure every 'banker' has one. It has been done severally but kicked against. We need to have professionals and people enthusiastic about the job in that industry_ not any waka pass.
Like this input.

2 Likes

Re: How Relevant Is CIBN Certification In Nigeria/globally by magicminister: 8:00am On Feb 27, 2017
its useless!!!

1 Like 1 Share

Re: How Relevant Is CIBN Certification In Nigeria/globally by Nobody: 8:05am On Feb 27, 2017
Odunharry:

Like this input.
Thanks much.
Good morning...face ya work grin.

1 Like

Re: How Relevant Is CIBN Certification In Nigeria/globally by Ugosample(m): 8:35am On Feb 27, 2017
PaperLace:
Comparing CIBN to NIM has to be the most preposterous comparison I have seen in my life.
CIBN and NIM are not and can never be on the same scale if truly you've passed through both or CIBN.

OP, globally? I can't really tell.
In Nigeria? Yes.
ICAN was everything till it became pertinent to have a certification for bankers or people in the banking industry.
Some people think having certifications would 'automatically' land them jobs, I have seen jobless people with ICAN too. I have seen jobless engineers with HSEs. That said...

*I have seen people get jobs for having CIBN. I have also lost chances for not having one or being in the process of having one in the past.
*I have seen job adverts specify, ICAN, ACIB, CIP would be given special advantage. Do you know more than the recruiters?
*There is a level you can't assume without having one in the bank.
*Maybe the people that commented above think banking is all about operations and marketing. There are specialised unit in banking, you need such certifications to function in.

Steps are currently taken to ensure every 'banker' has one. It has been done in the past severally, but kicked against. We need to have professionals and people enthusiastic about the job in that industry_ not any waka pass.

If you're a banker, who has done CIBN and it didn't influence your work ethics positively, just know you're part of the problem in the industry.

This is very interesting.

1 Like

Re: How Relevant Is CIBN Certification In Nigeria/globally by Ugosample(m): 8:38am On Feb 27, 2017
This one that many people are saying that it is useless...
Hmmmm Okay o.
Let me keep reading comments

But....

For those saying it's Useless, Apart from ICAN/ACCA, which other one is "useful" in that line ?

1 Like

Re: How Relevant Is CIBN Certification In Nigeria/globally by Muzikluva(m): 9:10am On Feb 27, 2017
timawoku:
CIBN is as useless as 'P' in Pneumonia, did mine 12 years ago and never helped me, it is also like that NIM of a thing we all rushed to do during NYSC, I don't even know where those certifcates are again. Do ICAN and you most definately be relevant, persevere and reap for the rest of labour life....cheers!
waoh...really? and to think I almost registered for NIM, HSE/PMP and one customer relationshp course like that. I am a corp member

1 Like

Re: How Relevant Is CIBN Certification In Nigeria/globally by Lifestone(m): 9:21am On Feb 27, 2017
I did mine several years ago and it earned me an immediate promotion. That was then. Now most organisation will not promote you just because you earned ACA or ACIB, it is expected that the skill you acquired will get you ahead of others. What should be clear also is that there are certain jobs wherein you need a professional qualification to be able to apply, ACIB comes handy. I am also aware that CIBN now issue practising licence to ACIB holders to enable them set up practices on their own as consultants.
ACIB and NIM naaa, no comparison, never will ever be one

1 Like

Re: How Relevant Is CIBN Certification In Nigeria/globally by luvility(m): 9:28am On Feb 27, 2017
PaperLace:
Comparing CIBN to NIM has to be the most preposterous comparison I have seen in my life.
CIBN and NIM are not and can never be on the same scale if truly you've passed through both or CIBN.

OP, globally? I can't really tell.
In Nigeria? Yes.
ICAN was everything till it became pertinent to have a certification for bankers or people in the banking industry _ICAN didn't cover all the nitty-gritty of Banking/Finance.
Some people think having certifications would 'automatically' land them jobs, I have seen jobless people with ICAN too. I have seen jobless engineers with HSEs. That said...

*I have seen people get jobs for having CIBN certification. I have also lost chances for not having one or being in the process of having one in the past.
*I have seen job adverts specify, ICAN, ACIB, CIP would be given special advantage. Do you know more than the recruiters?
*There is a level you can't assume without having one in the bank.
*Maybe the people that commented above think banking is all about operations and marketing. There are specialised unit in banking, you need such certifications to function in.

Steps are currently taken to ensure every 'banker' has one. It has been done in the past severally, but kicked against. We need to have professionals and people enthusiastic about the job in that industry_ not any waka pass.

If you're a banker, who has done CIBN and it didn't influence your work ethics positively, just know you're part of the problem in the industry.

#Gbam...you just said my mind. On Nigerians are only interested in certificates, if you don't have any added value for the exam or a course, then its a waste on your part.

1 Like 1 Share

Re: How Relevant Is CIBN Certification In Nigeria/globally by timawoku(m): 9:29am On Feb 27, 2017
PaperLace:
Comparing CIBN to NIM has to be the most preposterous comparison I have seen in my life.
CIBN and NIM are not and can never be on the same scale if truly you've passed through both or CIBN.

OP, globally? I can't really tell.
In Nigeria? Yes.
ICAN was everything till it became pertinent to have a certification for bankers or people in the banking industry _ICAN didn't cover all the nitty-gritty of Banking/Finance.
Some people think having certifications would 'automatically' land them jobs, I have seen jobless people with ICAN too. I have seen jobless engineers with HSEs. That said...

*I have seen people get jobs for having CIBN certification. I have also lost chances for not having one or being in the process of having one in the past.
*I have seen job adverts specify, ICAN, ACIB, CIP would be given special advantage. Do you know more than the recruiters?
*There is a level you can't assume without having one in the bank.
*Maybe the people that commented above think banking is all about operations and marketing. There are specialised unit in banking, you need such certifications to function in.

Steps are currently taken to ensure every 'banker' has one. It has been done in the past severally, but kicked against. We need to have professionals and people enthusiastic about the job in that industry_ not any waka pass.

If you're a banker, who has done CIBN and it didn't influence your work ethics positively, just know you're part of the problem in the industry.
madam take a chill pill, ICAN surpassess both CIBN and NIM, most definately professional courses are added advantages, but not equal to ICAN...if you have both CIBN and NIM you are still beneath those that have ICAN...I know because I have all of them and I have been in the banking sector for 15 years now...

4 Likes

Re: How Relevant Is CIBN Certification In Nigeria/globally by Nobody: 9:36am On Feb 27, 2017
timawoku:
madam take a chill pill, ICAN surpassess both CIBN and NIM, most definately professional courses are added advantages, but not equal to ICAN...if you have both CIBN and NIM you are still beneath those that have ICAN...I know because I have all of them and I have been in the banking sector for 15 years now...
You could have been in banking for 55yrs, If that advice is what you would give a surbodinate_ I shake my head.
If this is all you can reply to my post, I really don't have any business arguing with you.
ICAN surpasses CIBN? Which scale did you use to weigh it?
It's not how long bro, it's how well. smiley
Answer the person that quoted you to ask for your advice , I don't need it.

luvility:


#Gbam...you just said my mind. On Nigerians are only interested in certificates, if you don't have any added value for the exam or a course, then its a waste on your part.
Tell them. Pack all the certifications in Nigeria, if you have no relevant skill_ you remain irrelevant.

1 Like

Re: How Relevant Is CIBN Certification In Nigeria/globally by timawoku(m): 9:56am On Feb 27, 2017
PaperLace:

You could have been in banking for 55yrs, If that advice is what you would give a surbodinate_ I shake my head.
If this is all you can reply to my post, I really don't have any business arguing with you.
ICAN surpasses CIBN? Which scale did you use to weigh it?
It's not how long bro, it's how well. smiley


Tell them. Pack all the certifications in Nigeria, if you have no relevant skill_ you remain irrelevant.
sweetheart ICAN is by far relevant than CIBN in all ramifications (even banks would easily pick a chartered accountant to a chartered banker) that is the way it is... I will outrightly advise anybody who cares to listen to go for ICAN rather than waste their time with CIBN (my opinion though), I did the 3 and the little opportunity I have had in the labour market have afforded me the knowledge that ICAN surpasses the rest (in business field), used 4 years to study banking and finance and CIBN but had to still go for ICAN before I got my footings...aside bank where can a CIBN holder have edge again?

1 Like

Re: How Relevant Is CIBN Certification In Nigeria/globally by Nobody: 10:01am On Feb 27, 2017
timawoku:
sweetheart ICAN is by far relevant than CIBN in all ramifications (even banks would easily pick a chartered accountant to a chartered banker) that is the way it is... I will outrightly advise anybody who cares to listen to go for ICAN rather than waste their time with CIBN (my opinion though), I did the 3 and the little opportunity I have had in the labour market have afforded me the knowledge that ICAN surpasses the rest (in business field), used 4 years to study banking and finance and CIBN but had to still go for ICAN before I got my footings...aside bank where can a CIBN holder have edge again?
K
Re: How Relevant Is CIBN Certification In Nigeria/globally by timawoku(m): 10:05am On Feb 27, 2017
Muzikluva:
waoh...really? and to think I almost registered for NIM, HSE/PMP and one customer relationshp course like that. I am a corp member
my brother if you studied any management course I will advise you channelise all your energy towards ICAN, NIM has very little to offer (don't know about HSE/PMP), with ICAN you will have greater advantage than all others...sentiments have made people to misguide others. If you studied science/arts/humanities or other courses other than management then you should go for NIM so as to brace you up for business or business related job in your post NYSC. God bless you,cheers!

3 Likes

Re: How Relevant Is CIBN Certification In Nigeria/globally by Adonike(m): 10:18am On Feb 27, 2017
Very enlightening comments Nairalenders have shun out here... As an Economist dat I am, I ask the house on behalf of my colleagues that; which of the certifications (NIM, CIBM, ICAN, etc) do u think will be most relevant for Economists like us?

3 Likes

Re: How Relevant Is CIBN Certification In Nigeria/globally by MrGreenMavro: 10:24am On Feb 27, 2017
Hello House,

I have a friend who studied a science related course, but currently works in a bank as a contract staff...he is thinking of doing MBA and a professional course like CIBN or ACCA, will this boost his chances of getting a better offer, since he has decided to build a career in this line.

Thanks

1 Like

Re: How Relevant Is CIBN Certification In Nigeria/globally by Nobody: 10:29am On Feb 27, 2017
The problem in Nigeria workforce is superiority complex. They forget there is something called division of labour and specialisation.
There are accountants, bankers, economists, marketers, managers... they all come together to makeup the business unit and achieve a common goal.

There are doctors, nurses, pharmacist, paediatricians, gynaecologists... forming the medical unit.

None is greater than the other, but no_ in Nigeria, a doctor feels he is higher than a nurse, an accountant feels he is higher than a banker, an architect feels higher than an estate manager...the list goes on. 'and you wonder why we achieve lil or nothing in our various sectors.

7 Likes

(1) (2) (Reply)

Nigeria Army Promotes Senior Officers / Working Law Religiously For Self And Family At ₦225,000 Monthly / 11 Teachers Demoted To Security Guards In Cross River

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2021 Oluwaseun Osewa. All rights reserved. See How To Advertise. 188
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.