Following the academic affiliation and cooperation agreement concluded between the Institute of Banking Studies and the University of Jordan regarding the implementation of the MBA Program in Banking and Finance at the Institutes premises . A number of the program's students have sat for the November comprehensive exam which was held on 20/11/2005 . This exam was prepared by a specialized committee formed from the Institute's teaching faculty headed by the Dean of the Institute in accordance with the Higher Studies Faculty regulations at the University of Jordan . The Institute's Board of Directors certificated the resolutions of the comprehensive exam committee and forwarded them for the approval of the Council of Deans of the University of Jordan in order to issue the certificates .