This article provides a comprehensive breakdown of everything you need to know about the SEBI Grade A 2024 exam: important dates, vacancies, eligibility criteria, pattern, syllabus, and more.
SEBI Grade A 2024 Notification
The official SEBI Grade A Exam 2024 notification has been released on 10 June 2024 and is now live on the official website of SEBI. It has all the details that a candidate is looking for, including:
- Exam Dates
- Vacancies
- Eligibility Criteria
- Pattern
- Syllabus
- Application Fee
We’ll give you detailed information on all the above points from the latest official SEBI Grade A 2024 notification in this article.
SEBI Grade A 2024: Important Dates
Here are the important dates that are mentioned in the official SEBI Grade A 2024 notification:
| Event | Important Dates |
| SEBI Grade A 2024 Notification | 10 June 2024 |
| Online Application Start Date | 11 June 2024 |
| Online Application Last Date | 30 June 2024 |
| Phase 1 Exam | 27 July 2024 |
| Phase 2 Exam | 31 August 2024 |
| Interview | To be announced |
After getting familiar with the important dates for the SEBI Grade A, let’s understand the number of vacancies.
SEBI Grade A 2024: Vacancies Distribution
Following is the list of vacancies released by SEBI.
| SEBI Grade A 2024: Vacancies | |
| Stream | Number of Vacancies |
| General | 62 |
| Legal | 5 |
| Information Technology | 24 |
| Engineering (Electrical) | 2 |
| Research | 2 |
| Official Language | 2 |
| Total | 97 |
Next, let’s understand the SEBI Grade A 2024 eligibility criteria.
SEBI Grade A 2024: Eligibility Criteria
The eligibility criteria outlines essential information such as academic qualifications and age restrictions that applicants must meet to be considered for the SEBI Grade A 2024 exam.
SEBI Grade A 2024: Age Limit
There is no minimum age requirement for the SEBI Grade A 2024 exam. A candidate must not have exceeded the age of 30 years as of March 31, 2024, i.e., the candidate must have been born on or after April 01, 1994.
Age Relaxations
SEBI provides age relaxations for various categories, as shown below.
| SEBI Grade A: Age Limit Relaxation | ||
| Category | Age Relaxation | Upper Age Limit |
| General | None | 30 |
| OBC (Non Creamy Layer) | 3 Years | 33 |
| SC/ST | 5 Years | 35 |
| Ex-Servicemen (including Military Services) | 5 Years | 35 |
| PwD (General/EWS) | 10 Years | 40 |
| PwD (OBC) | 13 Years | 43 |
| PwD (SC/ST) | 15 Years | 45 |
SEBI Grade A 2024: Education Qualification
The minimum education qualifications for SEBI Assistant Manager are as follows:
| SEBI Grade A 2024: Education Qualification | |
| Stream | Minimum Qualification |
| General | 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). |
| Legal | Mandatory Educational Qualification: You need to have a bachelor’s degree in Law from a recognized university. Desirable Experience: Two years post-qualification experience as an Advocate. |
| Information Technology | You need to have a bachelor’s degree in Engineering in any branch or a bachelor’s degree in any discipline with a postgraduate qualification (minimum two years’ duration) in computer science/ computer application/ information technology from a recognized university. |
| Engineering (Electrical) | Mandatory Educational Qualification: You need to have a bachelor’s degree in Electrical Engineering from a recognized university. Desirable Experience: (i) Working knowledge of electronic systems like CCTV surveillance systems, Addressable Security Alarm and Fire Alarm systems, EPABX, UPS systems, etc. (ii) Experience in maintenance of lifts, pumps, air-conditioning plants, etc. (iii) Experience in administering construction projects in all its aspects and knowledge of PERT/CPM techniques. |
| Research | You need to have a master’s degree/postgraduate diploma* (minimum two years’ duration) in Economics/Finance/Statistics OR a master’s degree in Mathematics and one-year postgraduate diploma in Statistics or related subjects from a recognized university. |
| Official Language | You need to have a master’s degree in Hindi/ Hindi Translation with English as a subject at the bachelor’s degree level OR a master’s degree in Sanskrit/ English/ Economics/ Commerce with Hindi as a subject at the bachelor’s degree level OR a master’s degree in both English and Hindi/ Hindi Translation from a recognized university. |
Important Notes:
- You can apply for a maximum of 2 streams, provided you meet the educational qualifications for each.
- You need to submit a separate online application for each stream with the corresponding fee.
After understanding the SEBI Grade A eligibility criteria, let’s understand the selection procedure.
SEBI Grade A 2024: Selection Procedure
The selection procedure for a SEBI Grade A officer is carried out in three phases:
- Phase 1
- Phase 2
- Interview
Phase I is an online exam consisting of two papers—Paper 1 and Paper 2. Candidates shortlisted in Phase 1 appear for Phase 2, which is also in the form of online examination consisting of two papers. Candidates shortlisted in Phase 2 are called for an Interview.
Now that we’ve covered the SEBI Grade A selection process, let’s move on to the pattern and syllabus.
SEBI Grade A 2024: Pattern
The SEBI Grade A Phase 1 (Prelims) exam is qualifying in nature and serves as a screening test to shortlist candidates for the next rounds of the examination. Here is the detailed SEBI Grade A Phase 1 exam pattern:
| SEBI Grade A Phase 1 Pattern | ||||
| Paper | Stream/Subjects | Maximum Marks | Duration | Cut Off |
| Paper 1 | All Streams: Multiple choice questions on the subjects viz. General Awareness (including some questions related to the Financial Sector of easy to moderate difficulty level), English Language, Quantitative Aptitude, and Test of Reasoning. | 100 | 60 Minutes | 30% |
| Paper 2 | General Stream: Multiple choice questions on subjects Commerce, Accountancy, Management, Finance, Costing, Companies Act & Economics. | 100 | 40 Minutes | 40% |
| Aggregate Cut-Off | 40% | |||
SEBI Grade A Phase 1 Paper 1
SEBI Grade A Phase 1 Paper 1 comprises 80 multiple-choice questions with a total of 100 marks (1.25 marks for each question) and is to be completed within a 60-minute time frame. These questions are spread across four subjects (20 questions per subject), which include:
- General Awareness
- English Language
- Quantitative Aptitude
- Test of Reasoning
The above details have been summarised below.
| SEBI Grade A Phase 1 Paper 1 Pattern | |||
| Section | Questions | Marks | Duration |
| General Awareness | 20 | 25 | 60 minutes |
| English Language | 20 | 25 | |
| Quantitative Aptitude | 20 | 25 | |
| Reasoning | 20 | 25 | |
SEBI Grade A Phase 1 Paper 2
The SEBI Grade A Phase 1 Paper 2 for the general stream comprises 100 marks, and 40 minutes are given to complete the paper. It includes 50 multiple-choice questions (2 marks each) covering a range of subjects, including:
- Commerce
- Accountancy
- Management
- Finance
- Costing
- Companies Act
- Economics
The above details have been summarised below.
| SEBI Grade A Phase 1 Paper 2 Pattern | |||
| Subjects | No of Questions | Total Marks | Duration |
| Commerce | 50 questions covering these 7 sections | 100 | 40 minutes |
| Accountancy | |||
| Management | |||
| Finance | |||
| Costing | |||
| Companies Act | |||
| Economics | |||
Now that you have understood the SEBI Grade A preliminary stage pattern, let’s take a look at the additional details.
SEBI Grade A Phase 1 Pattern: Additional Details
Here are other essential details of the SEBI Grade A officer Phase 1 pattern.
| SEBI Grade A Phase 1 Pattern Other Details | |
| Mode | Online |
| Paper Structure | Objective-Type (MCQs) |
| Nature | Qualifying |
| Language | Hindi & English (Except the test of English) |
| Total Number of Questions | Paper 1: 80Paper 2: 50 |
| Total Marks | Paper 1: 100Paper 2: 100 |
| Cut-Off Marks | Paper 1: 30%Paper 2: 40%Aggregate: 40% |
| Sectional Cut-Offs | No |
| Negative Marking | 1/4th marks for every wrong answer0.3125 marks for Paper 10.5 marks for Paper 2 |
| Total Duration | Paper 1: 60 minutesPaper 2: 40 minutes |
Candidates who achieve the minimum qualifying marks in Paper 1, Paper 2, and aggregate in the Prelims exam are eligible to appear for Phase 2.
SEBI Grade A Phase 2 Exam Pattern for Generalist Posts
As per the official notification, here is the SEBI Grade A Phase 2 (Mains) pattern:
| SEBI Grade A Phase 2 Pattern | |||||
| Paper | Stream/Subjects | Maximum Marks | Duration | Cut Off | Weightage |
| Paper 1 | All Streams: English (Descriptive Test) to test the drafting skills | 100 | 60 Minutes | 30% | 1/3rd |
| Paper 2 | General Stream: Multiple choice questions on subjects Commerce, Accountancy, Management, Finance, Costing, Companies Act, and Economics. | 100 | 90 Minutes | 40% | 2/3rd |
| Aggregate Cut-Off | – | – | 50% | – | |
SEBI Grade A Phase 2 Paper 1
SEBI Grade A Phase 2 Paper 1 comprises descriptive English questions with a total of 100 marks and is to be completed within a 60-minute time frame. It comprises three topics, i.e., essay, precis, and reading comprehension.
The above details have been summarised below.
| SEBI Grade A Phase 2 Paper 1 Pattern | |||
| Subject | Topic | Questions | Marks |
| Descriptive English | Essay | 1 (out of 4 options) | 30 |
| Precis | 1 | 30 | |
| Reading Comprehension | 5 | 40 | |
SEBI Grade A Phase 2 Paper 2
SEBI Grade A Phase 2 Paper 2 for the general stream comprises 100 marks, and 40 minutes are given to complete the paper. It includes 50 multiple-choice questions (2 marks each) covering a range of subjects, including:
- Commerce
- Accountancy
- Management
- Finance
- Costing
- Companies Act
- Economics
The above details have been summarised below.
| SEBI Grade A Phase 2 Paper 2 Pattern | ||
| Subjects | No of Questions | Total Marks |
| Commerce | 50 questions covering these 7 sections | 100 |
| Accountancy | ||
| Management | ||
| Finance | ||
| Costing | ||
| Companies Act | ||
| Economics | ||
Now that you have understood the SEBI Grade A Phase 2 exam pattern, let’s take a look at some additional details.
SEBI Grade A Phase 2 Pattern: Additional Details
Here are some other essential details of the SEBI Grade A assistant manager Phase 2 exam pattern.
| SEBI Grade A Phase 2 Pattern Other Details | |
| Mode | Online |
| Language | Hindi & English for both objective and descriptive papers (Except for the test of English) |
| Total Marks | Paper 1: 100Paper 2: 100 |
| Cut-Off Marks | Paper 1: 30%Paper 2: 40%Aggregate: 50% |
| Sectional Cut-Offs | No |
| Weightage | Paper 1: 1/3rdPaper 2: 2/3rd |
| Negative Marking | 1/4th (0.50) for every wrong objective answerNo negative marks for descriptive questions |
| Total Duration | Paper 1: 60 minutesPaper 2: 90 minutes |
Important Note: Candidates who meet the criteria are shortlisted for Phase 3, which is the Interview round. Typically, the number of candidates shortlisted for Phase 3 is approximately three times the number of available vacancies. These candidates are shortlisted in order of merit.
SEBI Grade A 2024: Syllabus
In the official notification, SEBI has mentioned the detailed syllabus of Paper 2 for both phases. However, the official notification does not mention the detailed syllabus for the SEBI Grade A officer Paper 1 of both Phases. We have analyzed the previous years’ questions (PYQs) to list down the decoded SEBI Grade A Paper 1 (both Phases) syllabus.
Click on the link “SEBI Grade A Syllabus” to download the complete Phase 1 and 2 syllabus.
Now that we’ve covered the SEBI Grade A pattern and syllabus, let’s move on to the salary and allowances.
SEBI Grade A 2024: Salary and Allowance
Before understanding the salary and allowances of a SEBI Grade A officer, it is important to know that the selected candidates will undergo a probation of two years. Below, we have mentioned the salary, allowance, and other benefits enjoyed by a SEBI Grade A officer:
Salary and Allowance
The pay scale of officers in Grade A is ₹ 44500-2500(4)-54500-2850(7)-74450-EB-2850(4)-85850-3300(1)-89150 (17 years).
Presently, the gross emolument, including SEBI’s Contribution towards the National Pension Scheme (NPS), Grade Allowance, Special Allowance, Dearness Allowance, Family Allowance, Local Allowance, Learning Allowance, and Special Grade Allowance, etc. at Mumbai the minimum of this scale is approx. ₹1,49,500/- p.m. without accommodation and ₹1,11,000/- p.m. with accommodation.
Other Benefits
Here are the other benefits of working as a Grade A Officer in SEBI:
- Leave Fare Concession
- Medical Expenses
- Eye Refraction
- Education Allowance
- Financial Dailies
- Book Grant
- Briefcase
- Conveyance Expenses
- House Cleaning Allowance
- Staff Furnishing Scheme
- Scheme for Purchasing Computers
- Subsidized Lunch Facility, and more.
Accommodation & Posting
Residential accommodation would be provided subject to availability. The incumbent may be posted and transferred to any location in India where SEBI has its Offices. The recruited officers may be posted to any department of SEBI, irrespective of stream.
Click on the link “SEBI Grade A Officer Salary and Allowances”, to understand the salary in detail.
Now that you know all the salary and allowances of a SEBI Grade B officer, let us understand the application fee.
SEBI Grade B 2024: Application Fee
The application fee cum intimation charges are ₹1000/- + 18% GST for Unreserved, OBC, and EWSs categories and ₹100/- as intimation charges + 18% GST for SC/ ST/ PwBD candidates.
Important Note: The application fee is non-returnable.
Conclusion
This blog provides a comprehensive overview of the SEBI Grade A 2024 exam, covering key information mentioned in the official notification, such as exam dates, number of vacancies, eligibility criteria, pattern, syllabus, etc. We hope that this information will help you with your overall exam preparation.
Frequently Asked Questions (FAQs)
The starting date for SEBI Grade A registration 2024 is 11 June 2024.
The application process for the SEBI Grade A exam is conducted online only. Candidates need to submit their applications through the official SEBI website—https://www.sebi.gov.in.
A total of 97 vacancies have been announced in the SEBI Grade A notification for various streams like General, Legal, Information Technology, Engineering (Electrical), Research, and Official Language.
Exam Information
Job Profile
Strategy
Courses
Success Stories
