IFSCA Grade A Syllabus 2026 Phase 1 & 2: Download PDF

The IFSCA Grade A syllabus covers multiple subjects, including Quant, Reasoning, English, General Awareness, Financial Sector, Management, Companies Act, Economics, and Financial Markets.

Understanding the IFSCA Assistant Manager syllabus helps you know the detailed topics asked in both Phase 1 and Phase 2 of the IFSCA Grade A exam. 

In this article, I’ll share the detailed IFSCA Grade A syllabus. I’ll also compare the IFSCA Assistant Manager syllabus with other competitive exams, helping you prepare for multiple exams simultaneously.

How to Download the IFSCA Grade A Syllabus 2026?

Click on the link to download the official IFSCA Grade A syllabus PDF for the 2025 recruitment. I’ll update this article with the latest IFSCA Assistant Manager 2026 syllabus for the General stream after the release of the official 2026 notification. 

IFSCA Grade A Phase 1 Syllabus 2026

The IFSCA Assistant Manager Phase 1 syllabus is divided into Paper 1 and Paper 2 syllabus. 

IFSCA Grade A 2026 Syllabus for Phase 1 Paper 1 2026

The official IFSCA Grade A notification only mentions the subjects’ names for the Phase 1 Paper 1 syllabus: 

1. Quant
2. Reasoning
3. English
4. General Awareness

However, it does not provide a detailed, topic-wise syllabus.

Based on our analysis of IFSCA Grade A previous year questions (PYQs), here is the complete subject-wise syllabus for IFSCA Grade A Phase 1 Paper 1.

IFSCA Grade A 2026 General Awareness (GA) Syllabus

• National News: MoUs, summits, and major events related to India.
• International: Summits and conferences held abroad.
• Financial & Economics News
• Financial Awareness: RBI and IFSCA notifications and regulations
• Defence: Military exercises, drills, and major updates related to the defence sector of India
• Days in News: Major events or days, along with their date and theme
• Persons in News: Obituaries, appointments, and retirements
• Sports: Major tournaments and their winners
• Science, Technology, and Space
• Awards and Honours
• Environment
• Banking and Economy Related News
• Reports and Government Schemes
• Books and Authors
• Chief Ministers and Cabinet Ministers
• National Parks and Sanctuaries
• Airport Locations, Stadiums
• Organisations’ Headquarters
• Banks’ Headquarters and Taglines
• Power Plants in India
• Indian Dance Forms
• Countries Capitals and their Currencies
• Important Days

IFSCA Grade A English Syllabus 2026 

• Grammar
• Error Spotting
• Sentence Improvement
• Reading Comprehension 
• Cloze test
• Rearrangement
• Para Jumbles
• Double Fillers
• Vocabulary – Synonyms, Antonyms, One-word Substitution, Phrasal Verbs

IFSCA Grade A Quantitative Aptitude Syllabus 2026

• Ratio and Proportion
• Percentage
• Profit and Loss
• Simple and Compound Interest
• Average and Ages
• Time and Work
• Pipes and Cisterns
• Time and Distance
• Mixture and Alligation
• Series and Quadratic Equation
• Mathematical Inequalities
• Number Series
• Data Interpretation
• Simplification/Approximation
• Quantity Comparisons
• Data Sufficiency 
• Partnership 

IFSCA Grade A Reasoning Ability Syllabus 2026

• Alphanumeric Series
• Coding and Decoding
• Syllogism
• Direction Sense
• Inequality
• Ranking and Order
• Blood Relation
• Puzzles
• Seating Arrangement
• Input-Output
• Critical Reasoning 
• Questions Based on Data Sufficiency

IFSCA Grade A Syllabus for Phase 1 Paper 2 2026

Below, you’ll find the IFSCA Assistant Manager syllabus for Phase 1 Paper 2:

IFSCA Grade A Economic and Social Development Syllabus 2026 

1. Growth and Development  

• Measurement of Growth: National Income and Per Capita Income 
• Poverty Alleviation and Employment Generation in India 
• Sustainable Development and Environmental Issues

2. Social Structure in India  

• Multiculturalism  
• Demographic Trends 
• Urbanization and Migration  
• Gender Issues – Social Justice 

IFSCA Grade A Commerce and Accountancy Syllabus 2026 

• Accounting as a Financial Information System.
• Accounting Standards With Specific Reference to Accounting for Depreciation, Inventories, Revenue Recognition, Fixed Assets, Foreign Exchange Transactions, and Investments.
• Cash Flow Statement, Fund Flow Statement, Financial Statement Analysis; Ratio Analysis.
• Accounting for Share Capital Transactions Including Bonus Shares and Right Shares.
• Employees Stock Option and Buyback of Securities.
• Preparation and Presentation of Company Final Accounts.

IFSCA Grade A Management Syllabus 2026 

• Management: Its Nature and Scope; the Management Processes. Planning, Organization, Staffing, Directing, and Controlling.
• The Role of a Manager in an Organization. 
• Leadership: The Tasks of a Leader.
• Leadership Styles: Leadership Theories; a Successful Leader Versus an Effective Leader.
• Human Resource Development: Concept of HRD; Goals of HRD
• Motivation, Morale, and Incentives: Theories of Motivation; How Managers Motivate; Concept of Morale; Factors Determining Morale; Role of Incentives in Building Up Morale.
• Communication: Steps in the Communication Process; Communication Channels; Oral Versus Written Communication; Verbal Versus Non-verbal Communication; Upward, Downward and Lateral Communication; Barriers to Communication, Role of Information Technology.
• Corporate Governance: Factors affecting Corporate Governance; Mechanisms of Corporate Governance 

IFSCA Grade A Finance Syllabus 2026 

• Financial System: Role and Functions of Regulatory Bodies in the Financial Sector.
• Financial Markets: Primary and Secondary Markets (Forex, Money, Bond, Equity, etc.), Functions, Instruments, and Recent Developments.
• General Topics
  • Basics of Derivatives: Forward, Futures, and Swap
  • Recent Developments in the Financial Sector
  • Financial Inclusion: Use of Technology
  • Alternate Source of Finance, Private and Social Cost-benefit, Public-private Partnership
  • Direct and Indirect Taxes: Non-tax Sources of Revenue, GST, Finance Commission, Fiscal Policy, Fiscal Responsibility and Budget Management Act (FRBM),
  • Inflation: Definition, Trends, Estimates, Consequences, and Remedies (Control): WPI, CPI-components, and Trends
  • Financial Risk Management

IFSCA Grade A Costing Syllabus 2026 

• Overview of Cost and Management Accounting: Introduction to Cost and Management Accounting, Objectives and Scope of Cost and Management Accounting.
• Methods of Costing: Single Output/ Unit Costing, Job Costing, Batch Costing, Contract Costing, Process/ Operation Costing, and Costing of Service Sectors.
• Basics of Cost Control and Analysis: (a) Standard Costing, (b) Marginal Costing, (c) Budget, and Budgetary Control.
• Lean System and Innovation: 
  • Introduction to Lean System
  • Just-in-Time (JIT)
  • Kaizen Costing
  • 5 Ss
  • Total Productive Maintenance (TPM)
  • Cellular Manufacturing/ One-Piece Flow Production Systems
  • Six Sigma (SS)
  • Introduction to Process Innovation and Business Process Re-engineering(BPR)

IFSCA Grade A Indian Economy & Global Economy Syllabus 2026 

• Demand and Supply, Market Structures, National Income: Concepts and Measurement, Classical & Keynesian Approach Determination of output and employment, Consumption Function, Investment Function, Multiplier and Accelerator, Demand and Supply for Money, IS – LM, Inflation and Phillips Curve, Business Cycles  
• Balance of Payments, Foreign Exchange Markets, Inflation, Monetary and Fiscal Policy, Non-banking Financial Institutions. 
• Role of International Financial Institutions: BIS, IOSCO, IMF & World Bank.  

IFSCA Grade A General Knowledge and Current Events Syllabus 2026

The official IFSCA Grade A notification mentions General Knowledge and Current Events of national and international importance as part of the Phase 1 Paper 2 exam.

However, you do not need to prepare separately for this section, as these topics are already covered in the General Awareness syllabus of IFSCA Grade A Phase 1 Paper 1.

IFSCA Grade A Central Government’s Initiatives/Schemes Syllabus 2026

The official IFSCA Grade A notification mentions the central government’s initiatives/ schemes in the financial sector as a part of the IFSCA Grade A Phase 1 Paper 2 exam.

IFSCA Grade A Syllabus for Phase 2 2026

Similar to Phase 1, the IFSCA Assistant Manager Phase 2 syllabus is also divided into 2 papers: Paper 1 and Paper 2.

IFSCA Grade A Phase 2 Paper 1 (Descriptive English) Syllabus 2026

There is no defined descriptive English syllabus mentioned in the official IFSCA Grade A notification. Generally, 3 questions are asked, one question each from:

1. Essay: You have to choose one out of the 4-5 topics and write an essay of around 200 words. 
2. Precis Writing: You have to summarize a passage spanning 400 to 600 words in approximately 170 to 180 words. 
3. Reading Comprehension: You need to answer 5 questions based on the given passage of around 400 to 600 words. 

IFSCA Grade A Syllabus for Phase 2 Paper 2 2026

Below, you’ll find the IFSCA Assistant Manager syllabus for Phase 2 Paper 2:

IFSCA Grade A Banking Syllabus 2026

• Structure and Functions of Financial Institutions 
• Functions of Reserve Bank of India 
• Banking System in India – Structure and Developments, Financial Institutions – SIDBI, EXIM Bank, NABARD, NHB, NaBFID, etc. 
• Recent Developments in Global Financial System and its impact on Indian Financial System 
• Role of Information Technology in Banking and Finance 
• Non-Banking System 
• Developments in Digital Payments

IFSCA Grade A Capital Market Syllabus 2026

• Role and Functions of Regulatory bodies in Financial Sector 
• Primary and Secondary Markets (Forex, Money, Bond, Equity, etc.), functions, instruments, recent developments 
• Basics of Derivatives: Forward, Futures and Swap 
• Spot and Derivative market of Precious Metals

IFSCA Grade A Insurance Syllabus 2026

• History of Indian Insurance, principles of Insurance 
• Risk and uncertainty, pooling and diversification of risk, Indemnity and Insurable interest 
• Legal foundations of Insurance, basics in Group/Health Insurance/Pensions Intermediation: role in mobilizing savings, evolution of various types and Bancassurance in India; 
• Functions performed by Insurers: Product design, pricing, distribution, underwriting, claims, Investment and Reinsurance; 
• Insurance lines and products: Property-Liability, Life Insurance and Annuities and Health Insurance; Liability risks and Insurance, valuation and Solvency requirements, Specialist Insurance lines in India – Agricultural and Export Credit Guarantee; Reinsurance, GIC of India, obligator sessions, and retention of risk within the Country.

IFSCA Grade A Pension Sector Syllabus 2026

• Status of the pension sector in India 
• Types of retirement schemes in India and their features 
• National Pension System 
• Atal Pension Yojana 
• Annuity Plans 
• Basics of investment 

IFSCA Grade A IFSCA Act & GIFT City Syllabus 2026

The official IFSCA Grade A notification mentions the IFSCA Act, IFSCA, IFSC, GIFT IFSC, GIFT City, and Global Financial Centres as a part of the IFSCA Grade A Phase 2 Paper 2 exam.

IFSCA Grade A 2026 Interview Syllabus

There is no fixed syllabus for the IFSCA Assistant Manager interview. In the IFSCA Grade A interview, the panel mainly evaluates your personality, communication skills, domain knowledge, confidence, and suitability for the role.

Questions are generally asked from the following areas:

• Educational background and graduation subjects
• Work experience and job profile (if any)
• Internship experience and certifications
• Questions related to your hometown and state
• Hobbies and interests mentioned in the bio-data form
• Current affairs of national and international importance
• Banking, economy, finance, and financial markets-related developments
• Questions related to the IFSCA and GIFT City
• Your reason for joining IFSCA
• Situational and opinion-based questions
• Basic questions from Management, Economics, Finance, and the Financial Sector

Important Tip: You must thoroughly prepare your bio-data and stay updated on current affairs.

Now that you are familiar with the detailed syllabus, it’s time to check the latest IFSCA Grade A exam pattern.

Does the IFSCA Grade A Syllabus Change Every Year?

No, the IFSCA Grade A syllabus does not change every year. 

While most of the core subjects and topics generally remain the same, minor additions, deletions, or topic reshuffling can happen depending on the recruitment cycle and the official notification.

• The last IFSCA Grade A major syllabus update happened in 2024, when IFSCA released a much more detailed syllabus for both Phase 1 and Phase 2.
• Compared to 2023, the 2024 syllabus provided clearer topic-wise coverage for areas such as:
  • Banking
  • Capital Markets
  • Insurance
  • Pension Sector
  • Financial Institutions
  • IFSCA & GIFT City
  • International Financial Organizations
• Before 2024, the syllabus mentioned in the notification was comparatively brief and less structured.

How Much Time Will it Take to Cover the IFSCA Grade A Syllabus?

The time required to complete the IFSCA Grade A syllabus depends on your background, preparation level, and daily study hours.

• If you study around 4 to 6 hours daily, you can comfortably complete the IFSCA Grade A syllabus in around 6 to 8 months. 
• If you are already preparing for exams like RBI Grade B, SEBI Grade A, NABARD Grade A, or banking exams, you may complete the IFSCA Grade A syllabus in around 3 to 5 months due to syllabus overlap.

Factors That Affect Preparation Time

Here are some factors that can affect your IFSCA Grade A preparation time:

• Your familiarity with Quant, Reasoning, and English
• Your knowledge of Finance, Management, Economics, and Current Affairs
• Whether you are preparing full-time or alongside a job/college
• Your consistency and daily study hours
• The number of mock tests and revision cycles you complete

IFSCA Grade A Syllabus Comparison with Other Exams

Below, I have compared the syllabus of the IFSCA Grade A exam with other popular exams to help you understand overlap, differences, and preparation level:

IFSCA Grade A Syllabus vs UPSC CSE Syllabus:

Below is the comparison of the IFSCA Assistant Manager syllabus with UPSC CSE:

Subjects

• Common Subjects:
  • General Awareness / General Knowledge/ Current Events
  • Reasoning Ability
  • English / English Language / English Comprehension / Descriptive English
  • Maths / Quantitative Aptitude
  • Economic and Social Development / Indian Economy

• Unique to IFSCA Grade A:
  • Commerce
  • Accountancy
  • Management
  • Finance
  • Costing
  • Global Economy
  • Five-year plans
  • IFSCA Act
  • Union Budget
  • Economic Survey
  • Indian Banking Sector
  • Capital Market
  • Insurance and Pension Funds
  • Bullion Market
  • GIFT City and GIFT IFSC
  • IFSCA’s regulatory role
  • Global Financial Centres 
  • Central Government’s initiatives/ Schemes in the financial sector

• Unique to UPSC CSE:
  • History
  • Polity
  • Geography
  • Problem Solving skills and Decision-Making
  • Communication Ability
  • Any Indian Language
  • Essay
  • GS 1: Culture, History, Heritage & Geography of India and the World
  • GS 2: Polity, Constitution, Governance, International Relations, and Social Justice
  • GS 3: Economic Development, Environment, Disaster Management & Security, Technology, and Biodiversity
  • GS 4: Integrity, Ethics, and Aptitude.
  • Optional Subject: Paper 1 (Choose from 26 different subjects) 

Marks (Weightage)

• IFSCA Grade A:
  • Prelims (200 Marks Qualifying)
    • General Awareness: 25 marks
    • Reasoning Ability: 25 marks
    • Quantitative Aptitude: 25 marks
    • English Language: 25 marks
    • Financial Markets, Indian Economy, Commerce & Accountancy, Management, Costing, Companies Act, and IFSCA-related regulations: 100 Marks
  • Mains (300 Marks)
    • Paper 1 (Descriptive English): 100 marks
    • Paper 2 (IFSCA Act, Union Budget, Economic Survey, Indian Banking Sector, Capital Market, Insurance and Pension Funds, Bullion Market, GIFT City and GIFT IFSC, IFSCA’s regulatory role, and Global Financial Centres): 100 Marks
  • Interview: 100 marks.
  • Total: 300 (Final Merit)
• UPSC CSE:
  • Prelims (Qualifying)
    • General Studies Paper 1: 200 marks
    • CSAT (Paper 2): 200 marks (qualifying)
  • Mains (1750 Marks)
    • Paper A: Compulsory Indian language: 300 marks
    • Paper B: English: 300 marks
    • Paper I: Essay: 250 marks
    • Paper II: GS Paper 1: 250 marks
    • Paper III: GS Paper 2: 250 marks
    • Paper IV: GS Paper 3: 250 marks
    • Paper V: GS Paper 4: 250 marks
    • Paper VI: Optional 1: 250 marks
    • Paper VII: Optional 2: 250 marks
  • Interview: 275 marks
  • Total: 2025 Marks (Final Merit)

Percentage Overlap

There is an overall 20-30% syllabus overlap between IFSCA Grade A and UPSC CSE.

IFSCA Grade A Syllabus vs RBI Grade B Syllabus:

Below is the comparison of the IFSCA Assistant Manager syllabus with the RBI Grade B:

Subjects

• Common Subjects:
  • Reasoning Ability
  • English Language
  • Quantitative Aptitude
  • Descriptive English
  • Finance
  • Management
  • General Awareness / General Knowledge / Current Events
  • ESI / Economic and Social Development / Indian Economy

• Unique to IFSCA Grade A:
  • Commerce
  • Accountancy
  • Costing
  • Global Economy
  • IFSCA Act
  • Union Budget
  • Economic Survey
  • Indian Banking Sector
  • Capital Market
  • Insurance and Pension Funds
  • Bullion Market
  • GIFT City and GIFT IFSC
  • IFSCA’s regulatory role
  • Global Financial Centres
  • Five-year plans
  • Central Government’s initiatives/ Schemes in the financial sector

• Unique to RBI Grade B:
  • NA

Marks (Weightage)

• IFSCA Grade A:
  • Prelims (200 Marks Qualifying)
    • General Awareness: 25 marks
    • Reasoning Ability: 25 marks
    • Quantitative Aptitude: 25 marks
    • English Language: 25 marks
    • Financial Markets, Indian Economy, Commerce & Accountancy, Management, Costing, Companies Act, and IFSCA-related regulations: 100 Marks
  • Mains (300 Marks)
    • Paper 1 (Descriptive English): 100 marks
    • Paper 2 (IFSCA Act, Union Budget, Economic Survey, Indian Banking Sector, Capital Market, Insurance and Pension Funds, Bullion Market, GIFT City and GIFT IFSC, IFSCA’s regulatory role, and Global Financial Centres): 100 Marks
  • Interview: 100 marks.
  • Total: 300 (Final Merit)
• RBI Grade B:
  • Phase 1 (Objective – 200 Marks)
    • General Awareness: 80 marks
    • Reasoning Ability: 60 marks
    • Quantitative Aptitude: 30 marks
    • English Language: 30 marks
  • Phase 2 (Mains – 300 Marks)
    • Economic & Social Issues (ESI): 100 marks
    • Finance & Management (FM): 100 marks
    • English (Descriptive): 100 marks
  • Interview: 75 marks
  • Total: 375 Marks (Final Merit)

Percentage Overlap

There is an overall 50-60% syllabus overlap between IFSCA Grade A and RBI Grade B. 

IFSCA Grade A Syllabus vs NABARD Grade A Syllabus:

Below is the comparison of the IFSCA Assistant Manager syllabus with the NABARD Grade A:

Subjects

• Common Subjects:
  • Reasoning Ability
  • English Language
  • Quantitative Aptitude
  • Descriptive English
  • General Awareness  / General Knowledge / Current Events
  • Economic and Social Development / ESI / Indian Economy

• Unique to IFSCA Grade A:
  • Commerce
  • Accountancy
  • Management
  • Finance
  • Costing
  • Global Economy
  • Five-year plans
  • IFSCA Act
  • Union Budget
  • Economic Survey
  • Indian Banking Sector
  • Capital Market
  • Insurance and Pension Funds
  • Bullion Market
  • GIFT City and GIFT IFSC
  • IFSCA’s regulatory role
  • Global Financial Centres
  • Central Government’s initiatives/ Schemes in the financial sector

• Unique to NABARD Grade A:
  • Computer Knowledge
  • Decision Making
  • Agriculture and Rural Development

Marks (Weightage)

• IFSCA Grade A:
  • Prelims (200 Marks Qualifying)
    • General Awareness: 25 marks
    • Reasoning Ability: 25 marks
    • Quantitative Aptitude: 25 marks
    • English Language: 25 marks
    • Financial Markets, Indian Economy, Commerce & Accountancy, Management, Costing, Companies Act, and IFSCA-related regulations: 100 Marks
  • Mains (300 Marks)
    • Paper 1 (Descriptive English): 100 marks
    • Paper 2 (IFSCA Act, Union Budget, Economic Survey, Indian Banking Sector, Capital Market, Insurance and Pension Funds, Bullion Market, GIFT City and GIFT IFSC, IFSCA’s regulatory role, and Global Financial Centres): 100 Marks
  • Interview: 100 marks.
  • Total: 300 (Final Merit)
• NABARD Grade A:
  • Prelims (200 Marks Qualifying)
    • Reasoning Ability: 20 marks
    • Quantitative Aptitude: 20 marks
    • English Language: 30 marks
    • General Awareness: 20 marks
    • Computer Knowledge: 20 marks
    • Decision Making: 10 marks
    • Economic & Social Issues (ESI): 40 marks
    • Agriculture & Rural Development (ARD): 40 marks
  • Mains (200 Marks)
    • Paper 1 (Descriptive English): 100 marks
    • Paper 2 (ESI + ARD (Objective + Descriptive)): 100 marks
  • Interview: 50 marks
  • Total: 250 Marks (Final Merit)

Percentage Overlap

There is an overall 30-40% syllabus overlap between IFSCA Grade A and NABARD Grade A.

IFSCA Grade A Syllabus vs SEBI Grade A Syllabus:

Below is the comparison of the IFSCA Assistant Manager syllabus with the SEBI Grade A:

Subjects

• Common Subjects:
  • Reasoning Ability
  • English Language
  • General Awareness / General Knowledge / Current Events
  • Quantitative Aptitude
  • Management
  • Finance
  • Costing
  • Commerce & Accountancy
  • Descriptive English
  • Economic and Social Development / Economics / Indian Economy

• Unique to IFSCA Grade A:
  • Global Economy
  • Five-year plans
  • IFSCA Act
  • Union Budget
  • Economic Survey
  • Indian Banking Sector
  • Capital Market
  • Insurance and Pension Funds
  • Bullion Market
  • GIFT City and GIFT IFSC
  • IFSCA’s regulatory role
  • Global Financial Centres
  • Central Government’s initiatives/ Schemes in the financial sector

• Unique to SEBI Grade A:
  • Companies Act

Marks (Weightage)

• IFSCA Grade A:
  • Prelims (200 Marks Qualifying)
    • General Awareness: 25 marks
    • Reasoning Ability: 25 marks
    • Quantitative Aptitude: 25 marks
    • English Language: 25 marks
    • Financial Markets, Indian Economy, Commerce & Accountancy, Management, Costing, Companies Act, and IFSCA-related regulations: 100 Marks
  • Mains (300 Marks)
    • Paper 1 (Descriptive English): 100 marks
    • Paper 2 (IFSCA Act, Union Budget, Economic Survey, Indian Banking Sector, Capital Market, Insurance and Pension Funds, Bullion Market, GIFT City and GIFT IFSC, IFSCA’s regulatory role, and Global Financial Centres): 100 Marks
  • Interview: 100 marks.
  • Total: 300 (Final Merit)
• SEBI Grade A:
  • Prelims (200 Marks Qualifying)
    • General Awareness: 25 marks
    • Reasoning Ability: 25 marks
    • Quantitative Aptitude: 25 marks
    • English Language: 25 marks
    • Commerce, Accountancy, Management, Finance, Costing, Companies Act & Economics: 100 Marks
  • Mains (200 Marks)
    • Paper 1 (Descriptive English): 100 marks
    • Paper 2 (Commerce, Accountancy, Management, Finance, Costing, Companies Act & Economics): 100 Marks
  • Interview: Interview marks are not mentioned in the official SEBI Grade A notification.
  • Total: 200 + interview Marks (Final Merit)

Percentage Overlap

There is an overall 45-55% syllabus overlap between the IFSCA Assistant Manager and the SEBI Grade A.

IFSCA Grade A Syllabus vs PFRDA Grade A Syllabus:

Below is the comparison of the IFSCA Grade A syllabus with the PFRDA Grade A:

Subjects

• Common Subjects:
  • Reasoning Ability
  • English Language
  • Quantitative Aptitude
  • Management
  • Finance
  • Costing
  • Commerce & Accountancy
  • Descriptive English
  • General Awareness / General Knowledge / Current Events
  • Economic and Social Development / Indian Economy / Economics

• Unique to IFSCA Grade A:
  • Global Economy
  • Five-year plans
  • IFSCA Act
  • Union Budget
  • Economic Survey
  • Indian Banking Sector
  • Capital Market
  • Insurance and Pension Funds
  • Bullion Market
  • GIFT City and GIFT IFSC
  • IFSCA’s regulatory role
  • Global Financial Centres
  • Central Government’s initiatives/ Schemes in the financial sector

• Unique to PFRDA Grade A:
  • Companies Act
  • Pension Sector

Marks (Weightage)

• IFSCA Grade A:
  • Prelims (200 Marks Qualifying)
    • General Awareness: 25 marks
    • Reasoning Ability: 25 marks
    • Quantitative Aptitude: 25 marks
    • English Language: 25 marks
    • Financial Markets, Indian Economy, Commerce & Accountancy, Management, Costing, Companies Act, and IFSCA-related regulations: 100 Marks
  • Mains (300 Marks)
    • Paper 1 (Descriptive English): 100 marks
    • Paper 2 (IFSCA Act, Union Budget, Economic Survey, Indian Banking Sector, Capital Market, Insurance and Pension Funds, Bullion Market, GIFT City and GIFT IFSC, IFSCA’s regulatory role, and Global Financial Centres): 100 Marks
  • Interview: 100 marks.
  • Total: 300 (Final Merit)
• PFRDA Grade A:
  • Prelims (200 Marks Qualifying)
    • General Awareness: 25 marks
    • Reasoning Ability: 25 marks
    • Quantitative Aptitude: 25 marks
    • English Language: 25 marks
    • Commerce, Accountancy, Management, Finance, Costing, Companies Act, Economics, & Pension Sector: 100 Marks
  • Mains (200 Marks)
    • Paper 1 (Descriptive English): 100 marks
    • Paper 2 (Commerce, Accountancy, Management, Finance, Costing, Companies Act, Economics, & Pension Sector): 100 Marks
  • Interview: Not mentioned in the official PFRDA Grade A notification.
  • Total: 200 + interview Marks (Final Merit)

Percentage Overlap

There is an overall 40-50% syllabus overlap between IFSCA Grade A and PFRDA Grade A.

IFSCA Grade A Syllabus vs IRDAI Grade A Syllabus:

Below is the comparison of the IFSCA Assistant Manager syllabus with the IRDAI Grade A:

Subjects

• Common Subjects:
  • Reasoning Ability
  • English Language
  • Quantitative Aptitude
  • Descriptive English
  • General Awareness / General Knowledge / Current Events

• Unique to IFSCA Grade A:
  • Economic and Social Development
  • Commerce
  • Management
  • Accountancy
  • Finance
  • Costing
  • Indian Economy
  • Global Economy
  • Five-year plans
  • IFSCA Act
  • Union Budget
  • Economic Survey
  • Indian Banking Sector
  • Capital Market
  • Insurance and Pension Funds
  • Bullion Market
  • GIFT City and GIFT IFSC
  • IFSCA’s regulatory role
  • Global Financial Centres
  • Central Government’s initiatives/ Schemes in the financial sector

• Unique to IRDAI Grade A:
  • Economic and Social Issues Impacting Insurance
  • Insurance and Management

Marks (Weightage)

• IFSCA Grade A:
  • Prelims (200 Marks Qualifying)
    • General Awareness: 25 marks
    • Reasoning Ability: 25 marks
    • Quantitative Aptitude: 25 marks
    • English Language: 25 marks
    • Financial Markets, Indian Economy, Commerce & Accountancy, Management, Costing, Companies Act, and IFSCA-related regulations: 100 Marks
  • Mains (300 Marks)
    • Paper 1 (Descriptive English): 100 marks
    • Paper 2 (IFSCA Act, Union Budget, Economic Survey, Indian Banking Sector, Capital Market, Insurance and Pension Funds, Bullion Market, GIFT City and GIFT IFSC, IFSCA’s regulatory role, and Global Financial Centres): 100 Marks
  • Interview: 100 marks.
  • Total: 300 (Final Merit)
• IRDAI Grade A:
  • Prelims (160 Marks Qualifying)
    • General Awareness: 40 marks
    • Reasoning Ability: 40 marks
    • Quantitative Aptitude: 40 marks
    • English Language: 40 marks
    • Commerce, Accountancy, Management, Finance, Costing, Companies Act, Economics, & Pension Sector: 100 Marks
  • Mains (300 Marks)
    • Paper 1 (Descriptive English): 100 marks
    • Paper 2 (Economic and Social Issues Impacting Insurance): 100 Marks
    • Paper 3 (Insurance and Management): 100 Marks
  • Interview: 15 marks
  • Total: 315 (Final Merit)

Percentage Overlap

There is an overall 35-40% syllabus overlap between IFSCA Grade A and IRDAI Grade A.

IFSCA Grade A Syllabus vs SBI PO Syllabus:

Below is the comparison of the IFSCA Grade A syllabus with the SBI PO:

Subjects

• Common Subjects:
  • Reasoning Ability / Reasoning & Computer Aptitude
  • English Language
  • Quantitative Aptitude /Data Analysis & Interpretation
  • GA/ GK / Current Events / General/ Economy/ Banking Awareness
  • Descriptive English

• Unique to IFSCA Grade A:
  • Economic and Social Development
  • Commerce
  • Accountancy
  • Management
  • Finance
  • Costing
  • Indian Economy
  • Global Economy
  • Five-year plans
  • Descriptive English 
  • IFSCA Act
  • Union Budget
  • Economic Survey
  • Indian Banking Sector
  • Capital Market
  • Insurance and Pension Funds
  • Bullion Market
  • GIFT City and GIFT IFSC
  • IFSCA’s regulatory role
  • Global Financial Centres
  • Central Government’s initiatives/ Schemes in the financial sector

• Unique to SBI PO:
  • NA

Marks (Weightage)

• IFSCA Grade A:
  • Prelims (200 Marks Qualifying)
    • General Awareness: 25 marks
    • Reasoning Ability: 25 marks
    • Quantitative Aptitude: 25 marks
    • English Language: 25 marks
    • Financial Markets, Indian Economy, Commerce & Accountancy, Management, Costing, Companies Act, and IFSCA-related regulations: 100 Marks
  • Mains (300 Marks)
    • Paper 1 (Descriptive English): 100 marks
    • Paper 2 (IFSCA Act, Union Budget, Economic Survey, Indian Banking Sector, Capital Market, Insurance and Pension Funds, Bullion Market, GIFT City and GIFT IFSC, IFSCA’s regulatory role, and Global Financial Centres): 100 Marks
  • Interview: 100 marks.
  • Total: 300 (Final Merit)
• SBI PO:
  • Prelims (100 Marks Qualifying)
    • English Language: 30 marks
    • Quantitative Aptitude: 35 marks
    • Reasoning Ability: 35 marks
  • Mains (200 Marks)
    • Reasoning & Computer Aptitude: 60 marks
    • Data Analysis & Interpretation: 60 marks
    • General/Economy/Banking Awareness: 40 marks
    • English Language: 40 marks
    • Descriptive English: 50 marks
  • Interview/GD: 50 marks.
  • Total: 250 (Final Merit)

Percentage Overlap

There is an overall 40-50% syllabus overlap between IFSCA Grade A and SBI PO.

IFSCA Grade A Syllabus vs SSC CGL Syllabus:

Below is the comparison of the IFSCA Grade A syllabus with the SSC CGL:

Subjects

• Common Subjects:
  • Quantitative Aptitude
  • Reasoning Ability
  • English Language
  • General Awareness

• Unique to IFSCA Grade A:
  • Economic and Social Development
  • Descriptive English
  • Commerce
  • Accountancy
  • Management
  • Finance
  • Costing
  • Indian Economy
  • Global Economy
  • Five-year plans
  • Descriptive English 
  • IFSCA Act
  • Union Budget
  • Economic Survey
  • Indian Banking Sector
  • Capital Market
  • Insurance and Pension Funds
  • Bullion Market
  • GIFT City and GIFT IFSC
  • IFSCA’s regulatory role
  • Global Financial Centres
  • Central Government’s initiatives/ Schemes in the financial sector

• Unique to SSC CGL:
  • Computer Knowledge
  • Data Entry Speed Test

Marks (Weightage)

• IFSCA Grade A:
  • Prelims (200 Marks Qualifying)
    • General Awareness: 25 marks
    • Reasoning Ability: 25 marks
    • Quantitative Aptitude: 25 marks
    • English Language: 25 marks
    • Financial Markets, Indian Economy, Commerce & Accountancy, Management, Costing, Companies Act, and IFSCA-related regulations: 100 Marks
  • Mains (300 Marks)
    • Paper 1 (Descriptive English): 100 marks
    • Paper 2 (IFSCA Act, Union Budget, Economic Survey, Indian Banking Sector, Capital Market, Insurance and Pension Funds, Bullion Market, GIFT City and GIFT IFSC, IFSCA’s regulatory role, and Global Financial Centres): 100 Marks
  • Interview: 100 marks.
  • Total: 300 (Final Merit)
• SSC CGL:
  • Prelims (200 Marks Qualifying)
    • General Intelligence & Reasoning: 50 marks
    • General Awareness: 50 marks
    • Quantitative Aptitude: 50 marks
    • English Comprehension: 50 marks
  • Mains (390 Marks)
    • Mathematical Abilities: 180 marks
    • Reasoning & General Intelligence: 150 marks
    • English Language & Comprehension: 120 marks
    • General Awareness: 90 marks
    • Computer Knowledge: 60 marks
  • Interview: No interview
  • Total: 390 (Final Merit)

Percentage Overlap

There is an overall 30-40% syllabus overlap between IFSCA Grade A and SSC CGL.

What Next?

The IFSCA Grade A syllabus may seem vast at first, but breaking it down into smaller micro-topics makes it much easier to manage.

The key is to start your preparation early instead of waiting for the official notification. The earlier you begin, the more time you’ll have for revision, mock tests, and strengthening weak areas.

If you prepare smartly by prioritizing important topics, aligning your preparation with previous year trends, and revising consistently, you can complete the IFSCA Assistant Manager syllabus effectively without feeling overwhelmed.

IFSCA Grade A 2026 Interview Syllabus