Important Update: SEBI has postponed the application window for all streams of the Officer Grade A position. The recruitment registration, initially set for April 13, 2024, has now been delayed. SEBI made this announcement on April 10, 2024, citing the General Elections as the reason for the postponement. However, SEBI will announce new dates soon. Keep checking the SEBI website for updates.
The wait is over, and the SEBI Grade A 2024 notification is out now! The Securities and Exchange Board of India (SEBI) has released the advanced intimation of the official notification for its 2024 Grade A Officer recruitment. This prestigious position offers an exciting career path for those passionate about safeguarding India’s securities market.
This article provides a comprehensive breakdown of everything you need to know, such as important dates, number of vacancies, eligibility criteria, and more for the SEBI Grade A 2024 exam.
SEBI Grade A 2024 Notification
The advanced intimation of SEBI Grade A Exam 2024 notification has been released on the 14th of March and is now live on the official website of SEBI. SEBI will release the detailed advertisement on the 13th of April, 2024. This advance intimation of the SEBI Grade A 2024 notification has all the details that a candidate is looking for, including:
- Important Dates
- Vacancies
- Eligibility Criteria
- Age Limit
- Selection Procedure
- Salary and Allowances
- 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
SEBI has only released the advance intimation of the SEBI Grade A 2024 notification, the exam dates will be released in the detailed advertisement to be released on 13 April 2024. We are, however, expecting the important dates to be as follows:
| Event | Important Dates |
| SEBI Grade A 2023 Notification | 13 April 2024 |
| Online Application Start | 13 April 2024 |
| Online Application Last Date | May, 2024 (Tentative) |
| Phase 1 Exam Date | Last week of May 2024 (Tentative) |
| Phase 2 Exam Date | Last Week of June 2024 (Tentative) |
After getting familiar with the SEBI Grade A important dates, let’s understand the number of vacancies.
SEBI Grade A 2024: Vacancies
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 outline essential information such as academic qualifications and age criteria that applicants must meet to be considered for the SEBI Grade A 2024 exam.
SEBI Grade A 2024: Age Limit
For the SEBI Grade A 2024 exam, there is no minimum age requirement. 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 |
| Other Backward Castes (OBC) | 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 the General Post of SEBI Assistant Manager in Grade ‘A’ are as follows:
| SEBI Grade A 2024: Education Qualification | |
| Stream | Minimum Qualification |
| General | Master’s Degree/ Post Graduate Diploma* (minimum two years’ duration) in any discipline/ Bachelor’s Degree in Law/ Bachelor’s Degree in Engineering from a recognized University/ Institute or Chartered Accountant/ Chartered Financial Analyst/ Company Secretary/ Cost Accountant. *(Equivalent to a Master’s Degree in that discipline as recognized by the Association of Indian Universities). |
| Legal | Mandatory Educational Qualification: Bachelor’s Degree in Law from a recognized University/ Institute. Desirable Experience: Two years post qualification experience as an Advocate (including as an associate in an Advocate’s or Solicitor’s Office or Law firm) after being enrolled under the Advocates Act, 1961 (25 of 1961) |
| Information Technology | Bachelor’s Degree in Engineering in any branch or 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 / Institute. |
| Engineering (Electrical) | Mandatory Educational Qualification: Bachelor’s Degree in Electrical Engineering from a recognized University/ Institute. 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 | Master’s Degree/ Post Graduate Diploma* (minimum two years’ duration) in Economics/ Commerce/ Business Administration/ Econometrics/ Quantitative Economics/ Financial Economics / Mathematical Economics/ Business Economics/ Agricultural Economics/ Industrial Economics/ Business Analytics; OR Master’s Degree/ Post Graduate Diploma* (minimum two years’ duration) in Finance/ Quantitative Finance/ Mathematical Finance/ Quantitative Techniques/ International Finance/ Business Finance/ International and Trade Finance/ Project and Infrastructure Finance/ Agri. Business Finance; ORMaster’s Degree/ Post Graduate Diploma* (minimum two years’ duration) in Statistics/ Mathematical Statistics/ Statistics & Informatics/ Applied Statistics & Informatics/ Data Science/ Artificial Intelligence/ Machine Learning/ Big Data Analytics; OR Master’s Degree in Mathematics and one year post graduate diploma in Statistics or related subjects from a recognized University / Institute. *(Recognized equivalent to a Master’s Degree in that discipline by the Association of Indian Universities). |
| Official Language | Master’s Degree in Hindi/ Hindi Translation with English as a subject at the Bachelor’s Degree level; OR Master’s Degree in Sanskrit/ English/ Economics/ Commerce with Hindi as a subject at the Bachelor’s Degree level; OR Master’s Degree in both English and Hindi/ Hindi Translation from a recognized University / Institute. |
After understanding the SEBI Grade A eligibility criteria, let’s understand the mode of selection.
SEBI Grade B 2024: Selection Procedure
The selection procedure for a SEBI Grade A officer will be carried out in three phases:
- Phase 1
- Phase 2
- Interview
Phase I will be an online examination consisting of two papers—Paper 1 and Paper 2. Candidates shortlisted in Phase 1 will appear for Phase 2, which will also be in the form of online examination(s) consisting of two papers. Candidates shortlisted in Phase 2 will be called for an Interview.
Now that we’ve covered the SEBI Grade A selection process, 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 B 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 at the minimum of this scale is approx. ₹1,49,500/- p.m. without accommodation and ₹1,11,000/- p.m. with accommodation.
Other Benefits
The following benefits as admissible to an Officer in Grade A 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.
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.
Here is a detailed video on SEBI Grade B 2024 Notification.
Conclusion
This blog provides a comprehensive overview of the SEBI Grade A 2024 exam, covering key areas such as the detailed notification release date, tentative exam dates, number of vacancies, eligibility criteria, etc. To stay updated on the latest information regarding the detailed SEBI Grade A notification and other crucial details, aspirants should regularly visit the official SEBI website—https://www.sebi.gov.in/.
Frequently Asked Questions (FAQs)
The starting date for SEBI Grade A registration 2024 is 13 April 2024.
You can stay updated with the detailed SEBI Grade A 2024 Notification release by visiting the official website of SEBI (https://www.sebi.gov.in/) regularly. You can also subscribe to our YouTube channel for all the latest updates.
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.
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