SEBI Grade A 2024 Complete Information

SEBI Grade A 2024 Notification

The official SEBI Grade A 2024 exam notification was released on 10 June 2024 and is now live on the SEBI website. 

SEBI Grade A 2024 Important Dates

Here are the important dates of the SEBI Grade A exam:

SEBI Grade A 2024 Vacancies

SEBI has declared a total of 97 vacancies in the 2024 notification, out of which 62 vacancies are for the Generalist posts.

SEBI Grade A 2024 Eligibility

SEBI Grade A 2024 eligibility criteria include age limit, educational qualification, nationality, and number of attempts. Here is a quick way to check your eligibility for the SEBI Grade A 2024 exam. 

Age Limit for the SEBI Grade A 2024 Exam

Age for the SEBI Grade A 2024 exam is to be calculated as of 31 March 2024. The minimum and maximum age limits for the unreserved or general category are 21 years and 30 years, respectively. 

Educational Qualification for the SEBI Grade A 2024 Exam

For the general stream, you need to have a master’s degree/postgraduate diploma* (minimum two years’ duration) in any discipline OR a bachelor’s degree in Law/Engineering from a recognized university OR CA/ CFA/ CS/ Cost Accountant.

*(Equivalent to a Master’s Degree in that discipline as recognized by the Association of Indian Universities).

Nationality for the SEBI Grade A 2024 Exam

You should be an Indian citizen to be eligible for the SEBI Grade A 2024 exam. 

Number of Attempts for the SEBI Grade A Exam

There is no restriction on the number of attempts. As long as you meet all the eligibility criteria, you are eligible to apply for the SEBI Grade A 2024 exam.

Read more by clicking on SEBI Grade A eligibility criteria.

SEBI Grade A 2024 Selection Procedure

The selection procedure of the SEBI Grade A consists of:

1. Phase 1 (Pre)
2. Phase 2 (Mains)
3. Phase 3 (Interview)

SEBI Grade A 2024 Pattern

Here is the SEBI Grade A 2024 exam pattern:

SEBI Grade A 2024 Phase 1 Pattern

Here is the SEBI Grade A 2024 Phase 1 (Prelims) exam pattern:

Additional Details of SEBI Grade A 2024 Phase 1 Exam

• The Phase 1 exam of SEBI Grade A consists of 2 online papers worth 100 marks each and is qualifying in nature. 
• Paper 1 consists of 4 subjects, each carrying 20 questions where each question is worth 1.25 marks and you have 1 hour to complete the paper. 
• Paper 2 consists of 50 questions covering 6 subjects worth 100 marks where each question is worth 2 marks and you have 40 minutes to complete the paper. 
• You can choose either Hindi or English language (except for the English language test). 
• For every wrong answer, there is a 1/4th negative marking.

SEBI Grade A 2024 Phase 2 Pattern 

Here is the SEBI Grade A 2024 Phase 2 (Mains) exam pattern:

Additional Details of SEBI Grade A 2024 Phase 2 Exam

• The Phase 2 exam of SEBI Grade A consists of 2 online papers worth 100 marks each.
• Paper 1 consists of 3 questions worth 100 marks and you have 1 hour to complete the paper. 
• Paper 2 consists of 50 questions covering 6 subjects worth 100 marks where each question is worth 2 marks and you have 40 minutes to complete the paper. 
• You can choose either Hindi or English language (except for the English language test). 
• For every wrong answer, there is a 1/4th negative marking in Paper 2.

SEBI Grade A 2024 Interview Pattern

Candidates are shortlisted for interview based on their Phase 2 marks only (aggregated sum of 2 papers). Here is the SEBI Grade A 2024 interview pattern:

• The interview is conducted in person at various exam centers.
• You can take the interview in Hindi or English.
• The interview marks are not mentioned in the official SEBI Grade A notification.
• The weightage of marks obtained in Phase 2 is 85%, while marks obtained in the interview are given a weightage of 15%.

SEBI Grade A 2024 Final Selection

The final selection is based on the aggregate marks obtained in Phase 2 (Papers 1 and 2) and the interview.

Read SEBI Grade A pattern for more information.

SEBI Grade A 2024 Syllabus

Here is the SEBI Grade A syllabus for Phase 1 and Phase 2:

SEBI Grade A 2024 Phase 1 Paper 1 Syllabus

The official notification does not mention the syllabus topics for Phase 1. Therefore, we have analyzed the previous years’ questions (PYQs) to list down the topics of each subject of Phase 1. 

SEBI Grade A 2024 Phase 1 Paper 2 Syllabus

Here’s an overview of the Paper 2 syllabus for the SEBI Grade A 2024 Phase 1 exam:

SEBI Grade A 2024 Phase 2 Paper 1 Syllabus

Generally, 3 questions are asked from the following topics:

• Essay
• Precis Writing
• Reading Comprehension

SEBI Grade A 2024 Phase 2 Paper 2 Syllabus

The syllabus of Paper 2 is the same for both Phase 1 and Phase 2. However, it is important to know that the difficulty level of Paper 2 is higher in Phase 2. 

Get complete details of SEBI Grade A syllabus in this article.

SEBI Grade A Previous Year Questions

Here are the PYQs of the SEBI Grade A Phase 1 and Phase 2 exams with links to download in PDF format for free.

SEBI Grade A Phase 1 Previous Year Papers

You can easily download the memory-based, solved past year papers for the SEBI Grade A officer Phase 1 (Prelims) exam of 2022, 2020, and 2018 in PDF format:

SEBI Grade A Phase 2 Previous Year Papers

You can easily download the memory-based, solved past year papers for the SEBI Grade A officer Phase 2 (Mains) exam of 2022, 2020, and 2018 in PDF format: 

Read the SEBI Grade A previous year questions article to download the solved papers of 2024, 2022 and 2020 in PDF format and get a comprehensive previous years’ papers analysis.

SEBI Grade A Cut Off

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, we have mentioned the phase 2 and final cut off marks of SEBI Grade A exam held in 2022 and 2020. 

Read SEBI Grade A cut off article for complete details and analysis of previous 5 years.

SEBI Grade A Exam Analysis

Here is the analysis of the SEBI Grade A 2022 and 2020 exams.

SEBI Grade A 2022 Exam Analysis

• The overall difficulty level of the SEBI Grade A 2022 exam was moderate.
• While the quant section presented some challenging problems, the English section featured lengthy questions.
• Other Phase 1 Paper 1 subjects included questions ranging from easy to moderate difficulty level.
• Phase 1 Paper 2, on the other hand, presented a mix of easy, moderate, and difficult questions, making it significantly more challenging compared to the previous year’s paper. 
• In Phase 2, the Descriptive English section, although rated moderate, demanded careful consideration due to the increased complexity of the questions.
• Paper 2 was a combination of moderate to difficult questions. 

SEBI Grade A 2020 Exam Analysis

• The SEBI Grade A 2020 exam’s overall difficulty level was moderate.
• The English section featured new pattern questions.
• The quant section mainly consisted of DI questions.
• Puzzles and seating arrangement problems dominated the reasoning section.
• GA questions ranged from easy to moderate difficulty.
• Overall, Phase 1 was considered easier compared to the previous year’s exam.
• In Phase 2, the difficulty level of the Descriptive English section was moderate.
• However, the difficulty level of Paper 2 ranged from moderate to difficult.

SEBI Grade A Preparation Strategy

Preparation Tips for SEBI Grade A 2024

Here are the preparation tips for the SEBI Grade A 2024 exam:

• Prioritize topics with a higher chance of appearing in the 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, identify mistakes, and learn from them.
• Keep a separate notebook for important formulas, concepts, and notes.
• Prioritize understanding over rote memorization.
• Stay physically active and maintain a healthy lifestyle for optimal performance.

Read the SEBI Grade A preparation article for in-depth preparation strategy for phase 1 and 2 of the SEBI Grade A exam.

SEBI Grade A Toppers Strategy

Here are some of the strategies shared by the SEBI Grade A toppers:

SEBI Grade A Toppers Strategy: Kritika 

Kritika graduated with a B.Com Honors degree and then pursued an M.Com degree. After completing her master’s degree, she cracked various exams and gained experience working in several organizations, including SBI, Bank of India, LIC, and EPFO. When she cracked the SEBI Grade A exam, she was working as a Social Security Assistant at EPFO.

Below, she shares her journey, explaining the strategy and resources she used that helped her crack 5 government exams.

Click on the link for the SEBI Grade A Preparation Strategy by Kritika. 

SEBI Grade A Toppers Strategy: Anoop Tantia

Anoop Tantia, a Chartered Accountant by profession, failed to crack the SEBI Grade A exam in his first attempt. However, with dedication and a proper preparation strategy, his hard work paid off, and he was selected as a SEBI Grade A officer while working full-time.

Below, he shares his experience, which will serve as a valuable roadmap for aspiring SEBI Grade A candidates like you.

Click on the link for the SEBI Grade A Preparation Strategy by Anoop Tantia. 

SEBI Grade A Toppers Strategy: Srinidhi Adhikary 

Srinidhi, an engineer with a full-time job as a Java Full Stack Developer, decided to prepare for the SEBI Grade A exam. However, she wasn’t successful on her first attempt. Balancing a full-time job with exam preparation proved challenging. Nevertheless, Srinidhi prioritized focused studying on weekends and sacrificed leisure activities to stay committed. This dedication ultimately led her to crack the SEBI Grade A exam on her second attempt.

Below, she shares her experience, her difficulties, and the strategy that helped her crack the exam.

Click on the link for the SEBI Grade A Preparation Strategy by Srinidhi Adhikary. 

SEBI Grade A Toppers Strategy: Abhishek 

Abhishek, an IIT graduate, dedicated two and a half years to UPSC preparation but failed to crack the CSE exam. His interest in economics led him to explore Regulatory Bodies’ exams. He saw these exams as an opportunity to combine his engineering and economic knowledge and cracked the SEBI Grade A exam in his second attempt.

Below, he shares his experience and preparation strategy and explains how he turned his UPSC failure into SEBI success.

Click on the link for the SEBI Grade A Preparation Strategy by Abhishek.

Read the SEBI Grade A toppers article to know the preparation strategy and recommended resources of toppers.

Best Books for SEBI Grade A 2024 Preparation  

Here are the recommended books and resources to prepare for the SEBI Grade A 2024 exam.

Books for Phase 1 Paper 1 of SEBI Grade A 2024

The subject-wise SEBI Grade A booklist for Phase 1 Paper 1 is given below:

Following are purchase/access links for the listed resources.

• Reserve Bank of India (RBI)
• Securities and Exchange Board of India (SEBI)
• Pension Fund Regulatory and Development Authority (PFRDA)
• Insurance Regulatory and Development Authority of India (IRDAI)
• Ministry of Finance
• The Hindu
• Livemint

Books for Phase 1 Paper 2 of SEBI Grade A 2024

The subject-wise SEBI Grade A booklist for Phase 1 Paper 2 is given below:

Descriptive English Books for SEBI Grade A 2024

Following are the recommended resources that you must study for descriptive English:

1. Press Information Bureau
2. The Hindu
3. Livemint
4. The Economist
5. Business India

Books for Phase 2 Paper 2 of SEBI Grade A 2024

You can use the same books that are mentioned for Phase 1 Paper 2.

SEBI Grade A Officer Job Profile 

The job profile of a SEBI Grade A officer depends on the departments in which they are posted. Here are the major departments in SEBI and their work in brief:

Corporate Finance Department (Mergers and Takeovers)

This department oversees the regulatory and supervisory aspects of mergers, acquisitions, and takeovers in the financial markets.

Department of Economic and Policy Analysis (Research Work)

This department is responsible for conducting in-depth research and analysis for the formulation of policies and regulations. 

Department of Debt and Hybrid Securities

It supervises and regulates the debt and hybrid (debt-equity mix) segments of the capital markets.

Enforcement Department (Enforcement, Prosecution, Penalty)

This department ensures the enforcement of regulatory guidelines and takes action against those in violation, including prosecution and imposition of penalties.

Recovery and Fund Department

In cases where SEBI imposes fines on individuals or organizations, and they fail to pay, this department is responsible for recovering the fines.

General Services Department (Accounts, Security, Facility Management)

This department manages internal accounts and ensures the security of SEBI premises. It also oversees the maintenance and functionality of facilities, including air conditioning and cafeteria services.

IT Department

The IT department is responsible for managing IT-related services, including the SEBI website, computer systems, servers, and other technology infrastructure.

Legal Affairs Department

The Legal Affairs Department provides legal counsel to SEBI and its various units. It assists with legislative drafting, policy matters related to securities laws, and legal opinions.

Market Intermediaries Regulation and Supervision Department

This department supervises and regulates various market intermediaries such as brokers, merchant bankers, investment banks, and custodians.

Vigilance Department

It plays a crucial role in ensuring transparency, integrity, and ethical conduct within the organization. Its primary functions and responsibilities include preventing corruption, investigations, taking disciplinary actions, etc. 

SEBI Grade A Officer Promotions

Here’s a breakdown of the promotions that lie ahead of a SEBI Grade A officer:

Read the SEBI Grade A job profile article to get complete details of powers, role, responsibilities, promotions, leaves and transfers of a SEBI Grade A officer.

SEBI Grade A Salary

A SEBI Grade A officer enjoys a competitive salary and various allowances that add up to a handsome amount.

Salary of SEBI Grade A Officer

The annual CTC of an assistant manager at SEBI is around ₹23 lakhs, making a handsome package in the government sector. The starting basic pay for Grade A officers in SEBI is ₹44,500 per month. Allowances like house rent allowance (HRA), dearness allowance (DA), etc. are added to this amount to arrive at the gross salary of ₹18 lakhs per annum. 

This is the bare minimum, a SEBI Grade A officer also gets various allowances on a monthly and annual basis. 

Monthly and Annual Allowances of SEBI Grade A Officer

A SEBI Grade A officer gets some allowances monthly that sum up to around ₹2.5 lakhs per annum and some allowances on an annual and biennial basis, which constitute to an amount of ₹2 lakhs per annum.

Adding all these components, i.e., the gross salary of ₹18 lakhs per year, monthly allowances of around ₹3 lakhs per year, and annual allowances of around ₹2 lakhs per year, a SEBI Grade A assistant manager gets approximately ₹23 lakhs per annum as a new joinee.

For complete details of SEBI assistant manager salary, CTC, in hand salary, deductions, promotions and more, read this article.

SEBI Grade A Officer Lifestyle

The lifestyle of a SEBI Grade A officer is a perfect mix of professional fulfillment and personal well-being.

Corporate-like Work Culture

Working at SEBI offers you the privilege of experiencing a corporate-like work culture that combines professionalism with a commitment to financial market regulation.

Little Bit of Bureaucracy

Although SEBI has a corporate-like work culture, like any government body, there is a little bit of bureaucracy in the organization. 

9 to 5 Working Hours

The official working time of SEBI is 9 to 5 (5 days a week). However, depending on the working nature of your department, you may have to stay late or work on weekends during your initial years.

SEBI Grade A Postings and Transfers

Posting of SEBI Grade A Officer

The majority of SEBI Grade A officers are initially posted at SEBI’s headquarters in Mumbai, Maharashtra. While SEBI does maintain regional offices in several key locations across India, including Delhi, Chandigarh, Bangalore, Chennai, Kolkata, and others, these offices have a relatively smaller workforce. As a result, the probability of being posted in your preferred region is relatively low.

Transfer Policy of SEBI

The opportunity to be transferred to a regional office may arise after approximately five years of service. Nevertheless, such transfers are rare due to the limited number of available options and positions.

Read SEBI Grade A lifestyle article to get complete details on work environment and lifestyle of SEBI assistant manager.

SEBI Grade A 2024 Exam Centers

Here are the Phase 1, Phase 2, and interview centres for the SEBI Grade A 2024 exam:

SEBI Grade A 2024 Phase 1 Exam Centres

Here are the centres for the SEBI Grade A Phase 1 exam:

SEBI Grade A Phase 2 2024 Exam Centres

Here are the centres for the SEBI Grade A Phase 2 2024 exam:

Important Note: The venue for the Interview will be intimated to the shortlisted candidates in their interview call letters.

SEBI Grade A 2024 Application Fee 

Here is the application fee to apply for the SEBI Grade A exam:

Important Note: Candidates have to pay the requisite fees only through online mode.

How to Apply for the SEBI Grade A 2024 Exam

Follow the below-mentioned steps to apply for the SEBI Grade A 2024 Exam.

Step 1

Visit the Securities and Exchange Board of India’s Official Website, i.e., https://www.sebi.gov.in/.

Step 2

After navigating to https://www.sebi.gov.in/, the homepage will be displayed. Scroll down the homepage and find the section labeled “Career” at the bottom. Click on this section to proceed.

Step 3

Find and click on the official SEBI Grade A notification for the specific year you are applying for. In this case, click on the “Recruitment of Officer Grade A (Assistant Manager) 2024 – General Stream, Legal Stream, Information Technology Stream, Research Stream, Official Language Stream, and Engineering (Electrical) Stream.”

Step 4

Carefully read the notification to understand the eligibility criteria and other details, and click on the “Online Application Link” link.

Step 5

If you’re a new user, register with your basic details and create an account. Click on the “Click here for New Registration” to initiate the process.

Step 6

Fill in the required details accurately in the application form. It is a 6-step process mentioned below:

1. Basic Info: Candidates are required to provide basic personal information 
2. Photo & Signature: Upload scanned copies of your photograph and signature
3. Details: Enter personal details and educational qualifications
4. Preview: Carefully review all the information provided before proceeding
5. Upload: Upload scanned copies of your left thumb impression and handwritten declaration.
6. Payment: Pay the required application fee through the provided payment gateway using a debit/credit card, net banking, IMPS, or other payment options.

Step 7

After completing the SEBI Grade A registration, log in with your credentials. 

Step 8

Check your payment status. Make sure it indicates “paid”.

Step 9

Download the application or take its print for future reference.

How to Download SEBI Grade A 2024 Admit Card

Follow the below-mentioned steps to download the SEBI Grade A 2024 admit card:

Step 1

Visit the Securities and Exchange Board of India’s Official Website, i.e., https://www.sebi.gov.in/.

Step 2

After navigating to https://www.sebi.gov.in/, the homepage will be displayed. Scroll down the homepage and find the section labeled “Career” at the bottom. Click on this section to proceed.

Step 3

Find and click on the “Human Resources Department (HRD)”.

Step 4

Find and click on the “SEBI Grade A Recruitment – Download of Call Letter” link.

Step 5

Tap on the link named “Call Letter (Click here to download Call Letter)”.

Step 6

Fill in the required login credentials such as registration number, date of birth, etc., enter the captcha code, and log in. 

Step 7

Download your SEBI Grade A Phase 1 admit card.

Follow the same procedure to download the admit card for the SEBI Grade A Phase 2 exam.

SEBI Grade A Result

SEBI did not conduct the exam in 2023. The result for the SEBI Grade A 2022 Phase 1 exam was announced on 25 February 2022 and the Phase 2 result was announced on 7th April 2022. The final result was announced on 29 June 2022. Click on the links below to download the SEBI Grade A 2023 results for Phase 2 and interview.

Read this article to get complete information on SEBI Grade A admit card, result and marksheet.

SEBI Grade A Training

Upon becoming a SEBI Grade A officer, you must undergo formal training at the NISM (National Institute of Securities Markets) campus. It is situated approximately 50 km from Mumbai in Patalganga. This comprehensive training program typically spans 4 to 8 weeks, with daily sessions from 9 a.m. to 5 p.m.

Conclusion

We have discussed all the important information you need regarding the SEBI Grade A 2024 exam which includes notification, exam dates, vacancies, eligibility criteria, pattern, syllabus, cutoff, result, and more. We hope this information will help you get a complete picture of the SEBI Grade A exam and you can prepare with confidence.