SEBI Grade A Exam Overview 2024
Introduction:
The Securities and Exchange Board of India (SEBI) is the regulatory body responsible for overseeing and regulating the securities market in the country. To ensure effective supervision and compliance with regulatory standards, SEBI conducts the SEBI Grade A Exam, also known as the Assistant Manager Exam. This examination serves as a gateway for talented individuals to join SEBI as Grade A officers in various streams such as General, Legal, Information Technology, Engineering, Research, and Official Language.
SEBI Grade A Exam Notification:
SEBI releases notifications for the Grade A Exam on its official website. The notification provides detailed information about the exam, including important dates, eligibility criteria, exam pattern, syllabus, and application process. Aspirants should regularly check the official website for updates and notifications related to the exam.
Exam Pattern:
The SEBI Grade A Exam is conducted in three phases: Phase I, Phase II, and Phase III.
Phase I: Online Screening Examination
Multiple Choice Questions (MCQs) on:
General Awareness
English Language
Quantitative Aptitude
Test of Reasoning
Awareness about Securities Market
There is a negative marking of 1/4th of the marks assigned to the question for each wrong answer.
The duration of the exam is 2 hours.
Phase II: Online Examination
Paper I: Securities Market
MCQs on financial derivatives, debt instruments, and financial markets.
Descriptive questions on the English language to test comprehension, writing ability, and drafting skills.
Paper II: English Language, and Legal and Quantitative Aptitude
MCQs on English language, legal knowledge, and quantitative aptitude.
Paper III: Specialized Subject
MCQs on the relevant discipline of the stream selected by the candidate.
The duration of each paper is 40 minutes.
Phase III: Interview
Candidates shortlisted in Phase II undergo an interview process.
Syllabus:
The SEBI Grade A syllabus is comprehensive and varies based on the stream selected by the candidate. Here is a brief overview of the syllabus for each stream:
General Stream:
General Awareness: Current affairs, banking, financial awareness, static GK.
English Language: Reading comprehension, cloze test, para jumbles, sentence completion.
Quantitative Aptitude: Data interpretation, number series, simplification, quadratic equations.
Test of Reasoning: Syllogism, puzzles, seating arrangement, blood relations.
Awareness about Securities Market: Capital market, money market, mutual funds, derivatives, securities market operations.
Legal Stream:
Constitutional Law
Administrative Law
Companies Act
Securities Laws
Contracts and Sale of Goods Act
Criminal Law
IPR Laws
Labor Laws
Evidence Laws
Information Technology Stream:
Database Management System (DBMS)
Data Communication and Networking
Operating System
Computer Organization and Microprocessor
Software Engineering
Cyber Security and Cyber Laws
Information Technology Act
Programming Languages: C, C++, Java
Engineering Stream (Civil and Electrical):
Civil Engineering: Building materials, structural analysis, design of concrete and steel structures, construction planning and management, water resources engineering, environmental engineering.
Electrical Engineering: Circuit analysis, electrical machines, power systems, control systems, instrumentation, power electronics, electrical measurements.
Research Stream:
Quantitative Methods
Econometrics
Financial Economics
Statistical Methods
Research Methodology
Time Series Analysis
Sampling Techniques
Hypothesis Testing
Official Language Stream:
Translation and Grammar
Official Language Act
Vocabulary and Comprehension
Writing Skills
Hindi Literature
Conclusion:
The SEBI Grade A Exam is a golden opportunity for individuals aspiring to build a career in the securities market and regulatory field. With a comprehensive syllabus and a competitive selection process, the exam ensures that only the most qualified and capable candidates join SEBI as Grade A officers. Aspirants should meticulously prepare for each phase of the exam, staying updated with the latest developments in the financial and securities markets.