The methodology adopted by the NIBAF and Training Department is a mix of instructional and group process of learning. Use of overhead projector/multi media in the lecture/presentations coupled with real life simulations ensures high retention and easy grasp of the training programmes by the participants.

Extensive and broad based modular programmes have been designed in the areas of Applied Accounting, Commercial Banking, Economic and monetary management, Foreign Exchange and liability management and Banking Supervision. The programmes are held at NIBAF as well as Karachi to provide maximum opportunity of learning in the core areas of central banking.

The Design and Development of training material of standardized nature is the area where the training management team at NIBAF and Islamabad is constantly involved. The contents of training programmes, their coverage and level, sequencing and progression are carefully considered and charted out. At present standardized training programmes for SBOT and Joint Directors have designed and developed with the help of core staff. These are well appreciated by the participants and leading institutions in the country. The NIBAF and Training Department both are aiming to develop their own training material. So far the institute has developed training handbooks on Banking Supervision, Debt Management, Pakistan Economy, Accounting, Commercial Banking, Auditing, Money Market operations, and other areas of Central Banking.

The refinement and adjustment of training material is also another area where our training managers are continuously engaged. Areas have been assigned to all training managers to refine, review and update the economic and relevant data / material and provide the updated version to participants with all possible improvements and changes /adjustments.

Foreign Training in SBP is fairly limited involving occasional participation of SBP staff on overseas training program as and when the invitations come. Recently training in Banking Supervision has been arranged under the aegis of World Bank through Arthur Andersen. SBP is also exploring into possibility of training in financial market operations with IMF, World Bank, training arrangements with Bank Negara Malaysia.

A Foreign Training Selection Committee has been constituted under the chairmanship of DG-I and comprises ED (Training), ED (HRD), Director General NIBAF, ED (concerned of said training course), and subject specialist. The Committee hold its regular meeting for selection of and short list of candidates nominated for the Foreign Training.