Training Programs

Pre-Induction Trainings for New Officers of SBP and SBP BSC

A major part of NIBAF academics operations consists of offering in-house training programs that consists of Pre-Induction and Skill Up gradation courses for the officers and executives working in State Bank of Pakistan (SBP) and its subsidiary Banking Services Corporation (BSC). The in-house trainings are further divided into two categories programs offered to staff of SBP and BSC and programs designed and delivered for other financial institutions including certificate courses such as Islamic Certificate Course. The aim is to leverage the intellectual strength that NIBAF has to develop relevant and rigorous courses with the view to build human resource capacities of the central bank and its subsidiary in addition to providing opportunities for the financial sector to get their staff trained in key aspects of banking.
Pre-Induction Programs The aim of these programs is to equip the inducted officers at SBP and BSC to perform their duties with efficiency and effectiveness. These programs are generally have long duration and covered key aspects of central banking, macroeconomics, banking operations etc besides enhancing their managerial and soft skills. There are various categories under which State bank of Pakistan recruit new talent namely, State Bank Officers Training Scheme (SBOTS), Statistical Officer Training program (SOTP) etc, similarly Banking Services Corporation being a subsidiary also recruit new talent under Young Professional Induction program (YPIP) and Junior Officers Training Program (JOTP). All such recruitments are required to attend mandatory pre-induction training designed and delivered by NIBAF at Islamabad. Brief introduction of SBOTS and YPIP programs is provided below outlining, objectives, structure and contents:

State Bank Officers Training Scheme

The main objective of the training is to provide the inductees applied training in a combination of basic skills consisting of different modules such as accounting, auditing, communication skills, commercial banking, followed by a blend of training both in theoretical and applied aspects essential at entry level of the services career with SBP which included training in the core area of central banking and the role of SBP as the apex institutions of banking & financial system of Pakistan. More specifically the objectives are: To impart theoretical as well as applied training to the fresh inductees in the different areas of banking, economics & soft skills. To prepare the batch at the entry level and enable them to join SBP with a clear perception of central banking in general and SBP’s overall operational horizon in particular. To enhance their capabilities to analyze the financial and economic data, explore linkages among various sectors of the economy and prepare various reports.

The program is based on modular structure and the total duration is 20.1 weeks as per the latest offering. At the end of each module (or during the module), there are test(s) / assignments and at the end of the training program a comprehensive examination is conducted. The final results are computed on weightage system that is based on individual results of modules’ tests and the final comprehensive examination.
The major modules covered in the programs are:
Communication Skills
Office Management (partial)
Pak-Economy – Applied
Applied Accounting
Commercial Banking
Monetary Management / Macro Finance
Foreign Exchange & Treasury Management
Islamic Banking & Finance
Payment System
Banking Supervision
Development Finance Group (DFG)
Auditing
Office Management
Monetary & Exchange Rate Policy
Banking Supervision

Young Professionals Induction Program’ (YPIP)

SBP Banking Services Corporation introduced a comprehensive and well-designed management trainee scheme titled ‘Young Professionals Induction Program’ (YPIP) to hire talented graduates at OG-2 level. Since inception of this pre-induction training program NIBAF is engaged for capacity building of then newly inducted officers. So far, NIBAF managed all 8 programs where therein 554 officers were graduated from NIBAF after completing 12-weeks theoretical training, as detail shown below:

YPIP course curriculum was designed to equip the newly inducted officers with the desired set of knowledge and skill and inculcate behavioral competencies among them in line with the organizational needs of SBP BSC. Besides highlighting the importance/ significance of the competency based corporate culture and customer service orientation in SBP BSC, a pre-requisite for a dynamic and vibrant organization, the training curriculum for inductees under YPIP is also focuses on the policy making role of SBP as well as the operational tasks entrusted to BSC. In last eight batches, NIBAF in collaboration of SBP BSC updated the training curriculum on the basis of feedback from trainees, trainers, focus group discussions as well as evaluation by external consultant. Due to the fact, officers graduated from YPIP are performing their assignments at different level including Divisional Heads at BSC HOK.

Officers Training Program (OTP)

SBP Banking Services Corporation introduced a scheme titled ‘Officers Training Program (OTP)’ to hire OG-1 in 2013 to strengthen its HR base, particularly at the field Offices in cash management and banking services areas. Since inception of this pre-induction training program, NIBAF managed mandatory theoretical residential training for all 10 batches of OTP. So far 774 officers are graduated from NIBAF under OTP.

The curriculum of OTP is designed with main objective to impart training to enable fresh inductees to perform their duties at SBP-BSC with a clear perception of main operational areas of BSC as per organizational need. The contents and modules of programs are regularly reviewed and updated in light of feedback sought from concerned stakeholders (online surveys from participants of previous batches, focus groups of top management of SBP-BSC and NIBAF) to incorporate latest requirements, where needed. For revision of course contents and training methodology number of interventions were made including program effectiveness review by external consult. The program is well received by all stakeholders. Officers graduated from NIBAF under OTP are performing their assignment as per organizational need and requirement.

Function Specific programs

NIBAF offers training programs in the following categories

• 1. Specialized training
• 2. Operational gaps
• 3. Trainings on soft skills
• 4. Trainings on knowledge enhancement

Annually NIBAF offers more than hundred programs in this category
Some of them are;

Advance MS Excel

This course is tailored for those who are comfortably using MS Excel 2016 and needs to advance their level with new features and techniques. Participants are acquainted with in-depth and real world practical scenarios.

Awareness Session on Payment System Strategy

This workshop is designed to help participants develop a deeper understanding of the background and objectives of National Payment Systems Strategy (NPSS), which is one of the tactical objectives of SBP vision 2020. The participants are also explained how changes across the globe and in Pakistan are shaping the regulatory response towards Digital, Innovative, Faster and Ubiquitous payments in today’s world.

Blockchain Technology and Bitcoin

This module provides a well-rounded overview of Blockchain technology and cryptocurrencies while covering opportunities and challenges associated with them from a legal and regulatory perspective. Participants are also equipped with advance topics like cryptography, bitcoin transactions, mining process, and bitcoin security.

Cyber Security

This module is designed to help learners develop a deeper insight into cyber security challenges, common cyber threats and counter measures. Practical examples along with live demonstrations related to cyber security are included to acquaint trainees to discern vulnerabilities, and avert cyber attacks.

Managing Anger, Fear and Anxiety during and after COVID-19

This course has been developed to help participants recognize factors specific to COVID-19 that impact their mental and emotional well-being and what they can do to manage their feelings of anger, anxiety, and fear associated with the current situation. Participants are also equipped with helpful strategies on how to deal with the uncertainty of COVID-19, cope with its challenges, and ultimately prepare for life after the pandemic.

RAAST

The course aims to familiarize participants with the concepts and terms pertaining to RAAST (Pakistan's Instant Payment System). The module discussed the local payment ecosystem and demonstrated some global examples of payment gateways along with their impact on their respective economies. It also covers RAAST operations that how a transaction is settled in RAAST and how it would impact real-time gross settlement (RTGS) and SBP core banking applications.

Mindfulness

This highly interactive training workshop enables participants to grasp the concept of mindfulness and how it is used to enhance the present-moment experience. Participants are also inculcated with mindfulness techniques to acquire better focus and concentration, in turn, improve their performances, efficiency, and help create a calm environment at the workplace.

Negotiation and Conflict Resolution

This simulation-based module has been developed to help participants apprehend the systematic and proven approaches for effective negotiation solutions. Participants are also equipped with a variety of tools to reduce deadlock, solve problems, and get their points across more effectively.

Introduction to NLP

This course has been developed to help participants learn “Neuro Linguistic Programming” and how it is used to model behavior of individuals to make them more rational and increase their problem-solving and emotional intelligence abilities. The participants are familiarized with NLP core presuppositions & principles, eye accessing cues, meta and milton model, anchoring, and communication.

Virtual Team Building

This highly interactive, experiential and engaging workshop is developed, based on team building model “The Scale of Cooperation” with the aim to help participants comprehend what it takes to move towards being better at cooperation in teams. The workshop also covers trust, feedback, and different types of communication and their role at each level of teamwork.

Windows 10 - Tips and Tricks

This completely hands on module is designed to help participants learn about the tips and shortcuts for working more efficiently in Windows 10. The program covers Windows 10 operating system basics, before delving into core applications, Microsoft Edge browser, data backup and synchronization, notification preferences and account settings.