IFSCA Grade A 2025 Phase 2 Preparation

While preparing for the IFSCA Grade A 2025 exam, there’s one thing you should keep in mind. Phase 1 is only qualifying. The marks you get in it won’t be counted in the final merit list. What really matters is your performance in IFSCA Grade A Phase 2.

That’s why it makes sense to start preparing for both phases side by side. Don’t wait for Phase 1 to get over. Begin your IFSCA Grade A 2025 Phase 2 preparation early. It’ll reduce last-minute pressure and give you a clear edge over others.

To make this easier for you, we’ve created a complete strategy for IFSCA Grade 2025 Phase 2 preparation. It includes the most important topics, the right books to follow, and a study plan you can stick to for an effective IFSCA Grade A preparation.

IFSCA Assistant Manager 2025 Phase 2 Preparation

Before getting started with the IFSCA Grade A preparation, make sure to check the detailed syllabus. Here’s the link: IFSCA Assistant Manager Syllabus.

Most Important Topics of IFSCA Grade A 2025 Phase 2

The first step of your IFSCA Grade A 2025 for Phase 2 preparation is identifying the important topics for the Phase 2 exams. This allows you to focus on high-weightage topics.

Important Topics of Descriptive English for IFSCA Grade A Phase 2

Generally, three questions are asked from the following topics:

Essay
Precis Writing
Comprehension and Business/Office Correspondence

Important Topics of Banking and Capital Market for IFSCA Grade A Phase 2

Banking System in India – Structure and Developments
Functions of RBI
Non-Banking System
Financial Institutions
Recent Developments in the Global Financial Market and its Impact on India
Role of Information Technology in Banking and Finance
Developments in Digital Payments
Time Value of Money
Bonds
Primary and Secondary Market – Equity, Debt, and Forex
Derivatives – Futures Forwards and Swaps
Derivatives – Options
Spot and Derivative market of Precious Metal
Bullion

Important Topics of Insurance for IFSCA Grade A Phase 2

Insurance History
Principles of Insurance
Risk and Uncertainty
Legal Foundation of Insurance
Types of Insurance Policies
Intermediation in Insurance
Functions of Insurer
Emerging Concepts of Insurance
Insurance Lines and Products:
Specialist Insurance Lines in India
GIC and Obligatory Cession of India

Important Topics of Pension Sector for IFSCA Grade A Phase 2

Status of Pension Sector
Types of Retirement Schemes and their Features
National Pension Scheme
Atal Pension Yojana
Annuity Plans
Basics oF Investment
Time Value of Money
Bonds
Primary and Secondary Markets – Equity & Debt Markets
Mutual Funds
Pension Fund Schemes

Important Topics of GIFT & IFSCA for IFSCA Grade A Phase 2

GIFT City
IFSCA Act
IFSCA Banking Regulations
IFSCA Capital Market Intermediaries Regulations
Global financial Centers

After getting familiar with the important topics of the IFSCA Grade A Phase 2 exam, it’s time to understand the relevant study material.

Important Books & Resources for IFSCA Grade A 2025 Phase 2

IFSCA Grade A Preparation – Phase 2 Best Books
Subject	Book	Author	Publisher
Descriptive English	We are not suggesting any book here and providing the most effective resources for descriptive English preparation. Press Information Bureau The Hindu Livemint The Economist *Business India*
Banking	Principles and Practice Of Banking	IIBF	Macmillan
	Bank Financial Management	IIBF	Macmillan
	Indian Economy	Ramesh Singh	McGraw Hill
Capital Market	Bank Financial Management	IIBF	Macmillan
Insurance	Introduction to Insurance	IFSCA	IFSCA

Here are the recommended resources for the rest of the topics of the IFSCA Grade A Phase 2 Paper 2:

Additional Resources

Here are some additional resources that can help you enhance your preparation for the IFSCA assistant manager exam:

Google

Google is a crucial resource for IFSCA Grade A preparation. Simply take the topics from the syllabus and search the same on Google.

YouTube

You can refer to EduTap’s official YouTube channel, where our expert educators have posted multiple high quality videos that’ll help you prepare for the IFSCA Grade A phase 2 exam.

PYQs (Previous Year Questions)

By analyzing the previous year question papers, you can understand the exam pattern and get familiar with the types of questions asked in the exam. This can help you refine your phase 2 preparation and attempt the exam with more confidence.

Here’s a direct link to download ifsca grade a previous year question paper.

Study Plan for IFSCA Assistant Manager 2025 Phase 2 Preparation

The next step would be to make an easy-to-follow timetable to make your IFSCA Grade A Phase 2 preparation easy and more effective.

IFSCA Grade A Phase 2 Study Plan
Module	Days	Instructions
Descriptive English	10	Practice as many mock tests as you can. Avoid making grammatical mistakes.
IFSCA Act & Gift City	7	Cover the entire syllabus in sequence. Practice mock tests. Try to read as per exam demand.
Banking	7	Start with the basics. Focus on conceptual learning. Practice mock tests.
Capital Market	7	Cover all the domains (Forex, Equity, Debt) of the capital market. Practice as many MCQs as possible.
Insurance	5	Start with the basic understanding. Focus on concepts with relevant examples. Practice as many mock tests as you can.
Pension Sector	5	Read as per the syllabus. Refer to the FAQs sections of multiple authentic websites if doing self study. Practice as many mock tests as you can.
Union Budget	2	Basic clarity and knowledge of the static concepts. Schemes related to insurance, pension, retirement, agriculture etc are important. Focus on data and facts.
Total	43 Days

Tips for IFSCA Grade A Phase 2 Preparation

The last step would be to keep the following tips in mind when preparing for the IFSCA Grade A Phase 2 exam:

Allocate more time to weak areas while maintaining a balance with your strong subjects.
Regularly practice mock tests for time management and exam simulation.
Review your performance in mock tests, identify mistakes, and learn from them.
Keep a separate notebook for important notes, examples, data, facts, and trends.
Prioritize understanding over rote memorization.
Stay physically active and maintain a healthy lifestyle for optimal performance.

Final Thoughts

There you have it: a detailed preparation for Phase 2 to excel in the IFSCA assistant manager 2025 exam. Make sure you follow this strategy and start as early as possible to increase your chances of clearing the IFSCA Grade A exam.

Frequently Asked Questions (FAQs)

Is there any negative marking in the IFSCA exam?

Yes, there is negative marking, i.e. 1/4th or 0.25 marks will be deducted for each wrong answer. So, it’s recommended to attempt the paper carefully.

Are mock tests important for the IFSCA Assistant Manager 2024 exam?

Mock tests should be a crucial aspect of your preparation strategy for the IFSCA assistant manager exam.

Attempting mock tests under time-constraints can help you simulate an exam-like environment, boosting your time management skills, essential for clearing the exam. Moreover, mock tests help you test your preparation, identify and fix any gaps. In a nutshell, mock tests boost the chances of you clearing the IFSCA Grade A exam.

What is the Phase 2 exam date for the IFSCA Assistant Manager exam?

The IFSCA Grade A assistant manager Phase 2 exam is scheduled on 13 October 2024.

What was the cut-off for the IFSCA assistant manager 2023 exam?

Phase 1 cut offs are fixed for every category, i.e., 30 marks in Paper 1, 40 marks in Paper 2, and aggregate 80 marks. Below are the phase 2 cut off marks of the IFSCA Grade A exam held in 2023.

General: 59.67
EWS: 59.67
OBC: 59.33
SC: 54.67
ST: 54.67

What is the salary of an assistant manager in IFSCA?

The basic pay of an IFSCA assistant manager starts at ₹44,500/. If you add allowances like the HRA, dearness allowance, the gross monthly salary can reach approximately ₹1,43,000.