It is the best resource. The BFM paper is calculation-heavy (approx 40-50 marks). The Macmillan book has a separate appendix on "Financial Arithmetic" that covers Time Value of Money, Annuities, and Bond Pricing. If you master those 30 pages, you secure 30+ marks easily.
– Essential for understanding Asset-Liability Management (ALM) and Basel norms. Where to Find Study Materials and PDFs bank financial management caiib macmillan pdf
for the CAIIB examination. The latest editions (2025–2026) are specifically updated to align with the revised syllabus and contemporary banking trends. Core Syllabus Modules It is the best resource
: Focuses on foreign exchange (forex) business, exchange rate determination, and derivatives like options and swaps. It also covers correspondent banking, NRI accounts, and trade finance. Module B: Risk Management exchange rate determination