Institute of Bankers Namibia (IOB) Admission Requirements

Institute of Bankers Namibia (IOB) Admission Requirements/Qualifications


Entry requirements

The basic entry requirement for entrance to the Certificate Programme in Banking Finance and Credit of the Namibian Institute of Bankers is the Namibian Senior Secondary Certificate (NSSC) or any other equivalent qualification as approved by the Namibia Qualification Authority (NQA).

Applicants must have a sufficient knowledge of the English Language that would enable them to cope with studying at IoB. In specific terms, the applicant should have passed English Language with an E symbol or higher on the NSSC Ordinary Level and obtained a minimum total of 25 points in six subjects at grade 12 level in order to meet admission requirements.

Note:NSFAF and the commercial banks require 25 points for entry level employment and or loan purposes.

Meeting the minimum entry requirements does however not guarantee admission. Admission will depend on the competitive strength of each applicant’s academic performance and the final selection process will be determined by the Institute.

Students may register for a maximum of six modules per semester – four new and two failed Module.

To register, a student must have successfully completed the previous 4 semesters to qualify for advance diploma.


A student may be exempted from taking certain modules under the following conditions:

1.Permission for exemption shall be sought from the Chief Executive Officer through completion of relevant application form.

2.Exemption may be given to a student who has passed a relevant module or course at a recognised University or Institute of Bankers or Tertiary Institute of Higher Learning.

3.Exemption may be given to a student for relevant work experience and recognized prior learning based on expertise and skills in the relevant module.

4.Exemptions are granted on a module basis and at the Institute discretion.

5.Applications for exemptions should include an official transcript listing all subjects passed.

Exemption fee of N$ 250-00 per module is charged.