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CBF Full Exemption |
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Exemption |
Examinations Recognized for |
Institution Exemptions |
Exemption Fee Rs. |
Full exemption from CBF |
A Degree from a recognized University in the following or related disciplines
Accountancy, Management, Commerce, Economics, Marketing, Banking and Finance, Human Resources, Business Studies
OR
Full professional qualification of
- The Institute of Chartered Accountants of Sri Lanka
- Chartered Institute of Management Accountants
- Chartered Institute of Marketing
- Association of Chartered Certified Accountants
- Chartered Management Accountants
- Associate of Business Executives
- Higher National Diploma in Accountancy
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Any recognized University
ICASL
CIMA
CIM
ACCA
CMA
ABE
HNDA |
4,500/- |
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Partial exemptions (Subjects) CBF Examination |
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Exempted Subject |
Examinations Recognized for Exemptions |
Institutions |
Exemption fee per subject Rs. |
Financial Services Environment |
- ICA Intermediate level
- CIMA – Managerial Level Examination
- A relevant University Degree
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ICASL
CIMA
Any Recognized University |
1,100/- |
Structure of Accounts |
- ICA Intermediate Level
- CIMA Managerial Level
- CIMA Stage II (Old Syllabus)
- Professional Programme Stage II (Final Exam)
- AAT (Final)
- A relevant University Degree
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ICASL
CIMA
CIMA
ICSA
AAT
Any Recognized University |
1,100/- |
Managing People in Organizations |
- Postgraduate Diploma in Management
- A relevant University Degree
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Any Recognized University
Any Recognized University |
1,100/- |
Marketing, Sales and Customer Services |
- Diploma in Marketing - CIM
- Diploma in Marketing - SLIM
- A relevant University degree
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CIM
SLIM
Any Recognized University |
1,100/- |
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DBF Exemptions |
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1. Two Subject Exemptions
Candidates holding a University postgraduate degree (MBA/MA/Msc etc.) with passes in the appropriate subject/s may seek exemptions for a maximum of two subjects. Such exemptions will be decided by the Exemption Committee on a case by case basis. The decision of the Exemption Committee will be final.
2. One Subject Exemption
Candidates holding a full professional qualification or a University Degree from a recognized University with passes in the appropriate subject/s may seek exemption for a maximum of one subject. Such exemptions will be decided by the Exemption Committee on a case by case basis. The decision of the Exemption Committee will be final |
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Application for Exemptionss |
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Applications for exemptions should be made in writing, at least 45 days before the closing date of applications for the prospective examination, and should be supported by evidence of the payment of exemption fees and documentary evidence in support of educational qualifications, attested by a bank manager or an attorney at Law. Late applications for exemptions will be considered subject to a surcharge of 50% of the normal exemption fees; provided such applications are submitted not later than 30 days before the closing date of the prospective examination.
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