The JAIIB AFM Exam 2025 conducted on 11 May has concluded successfully across different shifts. This detailed exam analysis gives candidates a complete knowing of the difficulty level, the type of questions asked, and the recurring topics that dominated the paper. As shared by banking professionals and reviewed by faculty, the overall level of the exam across all shifts was Moderate. This article provides a shift-wise JAIIB AFM Exam Analysis 2025 to help aspirants align their preparation strategies for upcoming attempts.
Table of Contents
Shift 1 Analysis
The overall level of difficulty in Shift 1 was reported to be moderate. A significant number of questions were asked from Module C, which deals with financial management and accounting concepts. Several numerical questions and theoretical concepts were part of the paper.
Topics Asked in Shift 1:
- EMI calculation for bike loan of Rs. 50,000 at 6% interest
- Cost Ratio Analysis
- Annuity and Annuity Due
- Bond and Bond Theorem
- Effective Interest Rate
- Accounting Standards (AS 2, AS 110)
- Quick Ratio, Current Ratio, Acid Test Ratio
- Business Entity and Money Measurement Concepts
- Journal Entry for Share Forfeiture
- Depreciation – Sum of the Year Digit Method
- Cash Flow Statement, Marginal Costing
- Capital Expenditure, Costing Methods
- Fixed Assets and Types
- Intrinsic Value of Bond, Modified Duration
- Budgetary Control, Forward Rate
- IND AS 7, TReDS, Rectification
- IT Sections 80U and 80TTA
- US GAAP, Bonus Shares
- Cost of Goods Sold, Cost of Equity, Cost of Debt
- PV Ratio, DSCR, Yield to Maturity
- Cash Book and Passbook Differences
- Net Profit Ratio and Turnover Ratio Formula
Shift 2 Analysis
Shift 2 also maintained a moderate difficulty level, with a mix of numerical and theoretical questions, especially from modules covering accounting principles, financial statements, and cost accounting.
Topics Asked in Shift 2:
- Numerical questions on Ratio and Depreciation
- EMI, YTM, Annuity Due
- Balance Sheet, BRS
- Quick Ratio, Acid Test Ratio
- AS 1, AS 2, AS 10
- Costing Methods and WDV Method
- Current Ratio with given liabilities
- CVP Ratio, Concepts and Conventions
- Materiality Concept – clock-based scenario
- IND AS 116 and Risk Return Trade-Off
- TDS on Saving Accounts, HUF, LLP definitions
- Section-related questions (80 TTA, TDS)
- Government Grants, Stock Turnover, BOE
- Debt Equity Ratio, Sweat Shares, Rounding Off
- Private Company Minimum Member Requirement
- Errors in Accounting, Fixed Assets Treatment
Shift 3 Analysis
Candidates from Shift 3 also rated the exam as moderate. The shift emphasized financial ratios, conceptual accounting, and questions related to financial statements and standards.
Topics Asked in Shift 3:
- Provisioning on Substandard Asset
- Inventory Turnover Ratio, Fixed Assets Ratio
- Net Profit Ratio, EPS (numerical)
- Capital vs Revenue Expenditure
- IND AS 40, AS 10, IND AS 113
- Programme Budget, Bonus Share
- Security Premium, Fair Value Accounting
- Rate of Depreciation, YTM, FIFO/LIFO
- Voucher Transactions, LLP, Bill of Exchange
- Internal Audit Review Authority
- Cost of Machine, Share Premium Usage
- Disadvantages of Computerised Budgeting
- Short-term solvency ratios
- Gold, Silver, Capital Expenditure
- Return on Investment, Rebate on BOE
- Non-voting Equity Shares
- Cost Concept, Money Measurement
- Current Ratio and Working Capital
Across all three shifts on 11 May 2025, the JAIIB AFM exam followed a consistent structure. Numerical questions were prominent in every shift, with a heavy emphasis on ratio analysis, accounting standards, and basic finance principles. Modules A, B, and C were well-balanced, although Module C appeared more frequently.
Candidates who are planning to appear in future attempts should focus on:
- Mastering financial ratios and their applications
- Accounting standards like AS 1, AS 2, AS 10, AS 110, IND AS 7, 40, 113, 116
- Core accounting concepts including cash flow, BRS, and depreciation methods
- Journal entries, cost accounting vs financial accounting
- Updated Income Tax sections relevant to banking
This exam analysis not only helps candidates know the exam pattern but also pinpoints high-weightage areas for revision.
FAQs
What was the overall difficulty level of JAIIB AFM 2025?
The overall difficulty level across all shifts was moderate.
Which module had maximum questions in Shift 1?
Most questions were asked from Module C in Shift 1.
Were numerical questions asked in the exam?
Yes, numerical questions were a significant part of all shifts.
Which accounting standards appeared in the exam?
AS 1, 2, 10, 110 and IND AS 7, 40, 113, 116 were asked.
Where can I find video analysis of the exam?
Video analysis is available on YouTube channel ‘Adda247’.