IBP JAIBP Stage I study plan

Define and correctly classify the five account types (assets, liabilities, equity, income, expenses) and state the normal balance of each

Apply the double-entry rule to record 20 sample transactions into journal entries without reversing debits and credits

Distinguish cash-basis from accrual accounting and explain why banks report on an accrual basis

Draft a one-page memo to a branch manager explaining why a customer's account balance differs from book profit

Post journal entries to ledger accounts and extract a trial balance that balances to zero difference

Prepare a simple income statement and balance sheet from a trial balance for a fictional firm

Compute and interpret common ratios: current ratio, debt-to-equity, net profit margin, and return on assets

Calculate simple and compound interest on deposits and loans using the standard formulas

Explain depreciation methods (straight-line and reducing balance) and compute annual charges for a fixed asset over five years

Reconcile a bank statement against a cash book, identifying outstanding cheques, deposits in transit, and bank charges

Compute mean, median, and mode for a small dataset and explain which measure best suits skewed bank data

Calculate present value and future value for single sums and annuities used in loan pricing

Define demand, supply, and equilibrium and illustrate how a change in interest rates shifts loan demand

Distinguish microeconomic from macroeconomic analysis and give one banking example of each

Explain the functions of money and the role of a central bank in controlling money supply

Describe the main types of financial institutions (commercial banks, development finance institutions, microfinance, insurance) and their core functions

Explain inflation, its causes, and its effect on savers, borrowers, and bank margins

Describe how monetary policy tools (policy rate, reserve requirements, open market operations) transmit to lending rates

Outline the structure of the banking sector in Pakistan, including the roles of the State Bank of Pakistan and commercial banks

Differentiate between a bank's sources of funds and uses of funds and give three examples of each

Structure a formal business letter and an internal memo using correct headings, salutation, and closing conventions

Write a clear email requesting information from a client, keeping it under 150 words and free of ambiguity

Compute and interpret standard deviation and coefficient of variation for two investment return series and state which is riskier

Build and read a simple index number series to compare price changes across two years

Summarise a two-page business report into a 100-word executive summary that preserves all key figures

Deliver a structured five-minute oral presentation outline on a banking topic using signposting language

Explain the concept of credit risk and identify three ways a bank mitigates it

Describe the basic features of common banking products: current account, savings account, fixed deposit, and consumer loan

Complete one timed 100-question mock exam across all five domains and record the score per domain

Revise the two weakest domains by reworking at least 20 missed or uncertain questions

Recompute three previously attempted numerical problems (interest, depreciation, standard deviation) from memory without notes

Write a one-page personal exam-day plan covering time allocation, question order, and a numerical double-check routine