The Securities and Exchange Board of India (SEBI) is the regulatory body for the securities and commodity market in India. It works under the Ministry of Finance, Government of India. SEBI Grade A officer is one of the most aspired government jobs in India. Every year SEBI conducts a recruitment exam to recruit Grade A officers. In this article, we shall see all important information related to SEBI Grade A Recruitment exam such as Notification, Exam Date, Eligibility criteria, Syllabus, Application Fee, Apply Online, Exam Pattern, Vacancy, Salary, Job profile, etc.
Recently, SEBI has released the result for SEBI Grade A 2020-21 Phase-2 Exam on its official website @sebi.gov.in on 18th March 2021. The phase-2 online Main examination was held on 27th February 2021 and the marks will be released soon. Selected Candidates will be called for Interviews soon, so candidates are advised to stay updated.
SEBI Grade A Exam Dates 2020 – 21
| Exam Events | Dates |
|---|---|
| Start of Online Application | 07th March 2020 |
| Last date to apply online For SEBI Grade A | 31st October 2020 |
| Last date to Pay Fee of SEBI Grade A | 31st October 2020 |
| Last date to Print Application of SEBI Grade A | 22nd October 2020 |
| SEBI Grade A Admit Card release | 23rd December 2020 |
| SEBI Phase-I Online Examination (Prelims) | 17th January 2021 |
| SEBI Phase-II Online Examination (Mains) | 27th February 2021 |
| SEBI Phase-II Result | 18th March 2021 |
| Interview | To be notified |
SEBI Grade A Eligibility Criteria 2021
Age Limit (as on 29.02.2020)
- The maximum age limit is of 30 years, i.e. the candidate should not be born on or after 01st March 1990.
Age limit relaxation
| Category | Relaxation |
| Other backward classes (OBC) Non-Creamy layer | 3 years |
| SC/ST | 5 years |
| Ex-Service-men/Disabled Ex-Service-men | 5 years |
| PWD (General) | 10 years |
| PWD (OBC) | 13 years |
| PWD (SC/ST) | 15 years |
Educational Qualifications
| Stream | Educational Qualification |
| General | Master’s Degree in any discipline or Bachelors’ Degree in Law, or Bachelors’ Degree in Engineering from a recognized university, or CA / CFA / CS / Cost Accountant. |
| Legal | Bachelor’s Degree in Law from a recognized University / Institute. |
| Information Technology | Bachelor’s Degree in Engineering (Electrical / Electronics / Electronics And Communication / Information Technology / Computer Science)
OR Masters in Computers Application OR Bachelor’s Degree in any discipline with a postgraduate qualification (minimum 2 years duration) in Computers / Information Technology. |
| Engineering (Civil) | Bachelor’s Degree in Civil Engineering from a recognized University / Institute. |
| Engineering (Electrical) | Bachelor’s Degree in Electrical Engineering from a recognized University / Institute. |
| Research | Master’s Degree in Statistics / Economics / Commerce / Business Administration (Finance) / Econometrics from a recognized University / Institute. |
| Official Language | Master’s Degree in Hindi with English as one of the subjects at Bachelor’s Degree level
OR Master’s Degree in Sanskrit / English / Economics / Commerce with Hindi as a subject at Bachelor’s Degree level from a recognized University / Institute. |
SEBI Grade A Vacancies 2021
Below is the detailed vacancy list of different SEBI Grade A posts as notified in the 2021 notification.
| Sr. No. | Post | Vacancy |
| 1. | General | 80 |
| 2. | Legal | 34 |
| 3. | IT | 22 |
| 4. | Civil Engg | 1 |
| 5. | Electrical Engg | 4 |
| 6. | Research | 5 |
| 7. | Official language | 1 |
| Total | 147 |
SEBI Grade A Selection Procedure
The Selection Process for SEBI Grade A Officers (Assistant Manager) consists of 3 Phases –
- Phase I (Online Prelims Screening Examination)
- Phase II (Online Main Examination)
- Phase III (Interview)
SEBI Grade A Exam Pattern 2021
Phase I – Prelims Exam Pattern 2020-21
| Paper | Streams / Subjects | No. of Questions | Maximum Marks | Duration |
|---|---|---|---|---|
| Paper 1 | General Awareness | 20 | 25 | 60 minutes |
| English Language | 20 | 25 | ||
| Quantitative Aptitude | 20 | 25 | ||
| Test of Reasoning | 20 | 25 | ||
| Total | 80 | 100 | ||
|
Paper 2 |
General Stream: Multiple choice questions on Commerce, Accountancy, Management, Finance, Costing, Companies Act, and Economics. |
50 | 100 | 40 minutes |
| Legal, IT, Engineering (Civil & Electrical), Official Language stream: Multiple choice questions on Specialized subjects related to the stream. |
50 | 100 | 40 minutes | |
| Research Stream:- Multiple choice questions on Economics, Econometrics, Statistics, Finance, and Commerce. |
50 | 100 | 40 minutes |
- This is an online computer-based objective test.
- There is a Negative marking of 0.25 marks for each wrong answer in both Paper 1 and Paper 2.
- You need to clear the Phase 1 exam with sufficient merit in order to get shortlisted for the Phase-II examination.
Phase II – Online Main Examination
The Phase II or Online Main examination consists of 2 papers. Each paper has 100 questions for 100 marks each.
| Paper | Streams / Subjects | Maximum Marks | Duration | Cutoff | 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 Commerce, Accountancy, Management, Finance, Costing, Companies Act, and Economics. |
100 | 40 minutes | 40% | 2/3rd |
| Legal, IT, Engineering (Civil & Electrical), Official Language stream: Multiple choice questions on Specialized subjects related to the stream. |
100 | 40 minutes | 40% | 2/3rd | |
| Research Stream:- Multiple choice questions on Economics, Econometrics, Statistics, Finance, and Commerce. |
- There is a Negative marking of 0.25 marks for each wrong answer in both papers.
- There shall be a cut-off of a minimum of 30% for Paper 1, and a cut-off of a minimum of 40% for Paper 2 in the SEBI Phase II exam.
Phase III – Interview
Candidates who clear Phase II with sufficient merit will be called for an Interview. Candidates can opt to give interviews either in English or Hindi.
Final Selection
The Final selection of the candidates will be based on the combined score obtained by the candidates in Phase II Online Main Examination & Interview. The Main Exam score and Interview score are weighted in the ratio of 85:15 respectively while calculating the combined score.
SEBI Grade A Apply Online 2021
Step by Step to apply online for SEBI Grade A Assistant Manager 2021 exam
- Visit the official website of SEBI.
- Find the “Apply online” link for SEBI Grade A 2021 on the Home page.
- Click on the link “Apply Online”.
- An Application form window will open in a new tab
- Read all the instructions carefully before filling the SEBI Grade A application form
- Fill up the application form carefully with your official details.
- Upload a clear, scanned copy of the photograph along with your signature
- Complete application fee payment through challan/SEBI Net Banking/Credit/Debit Card.
- Take a printout of the application form and save it for future reference.
SEBI Grade A Salary
Presently, for a SEBI Grade A Officer, the gross emolument, including SEBI’s Contribution towards National Pension Scheme (NPS), Grade Allowance, Special Allowance, Dearness Allowance, Family Allowance, Local Allowance etc. at Mumbai at the minimum of this scale is approx. Rs. 1,07,000/- p.m. without accommodation and Rs. 73,000/- p.m. with accommodation.
The pay scale of a SEBI Grade A Officer is Rs. 28150-1550(4)-34350-1750(7)-46600-EB-1750(4)-53600- 2000(1)-55600 (17 years).
Benefits & Allowances:
Residential accommodation would be provided subject to availability. The other benefits include 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 all other benefits as admissible to a SEBI Grade A Officer.
SEBI Grade A Job Profile
Grade A officer of SEBI work profile consists of the below activities. This list is not exhaustive and the work profile can include many other activities as SEBI decides.
- Inspection of Stock exchange Accounts and accounts of various traders.
- Suspension of Security Tradings in a Stock Exchange when needed.
- Identify and Investigate any malpractices within Securities Markets.
- Acquisition and mergers – You may be allotted multiple responsibilities In the IT department.
- Looking after the legal issues of the organization, and deal with matters related to market securities, indexes, commodities, etc.
SEBI Grade A Application Fee
Below is the Application fees for different categories of applicants
| Sr. No. | Category | Application Fees |
| 1. | SC/ ST/ PWD | Rs 100/- (As intimation charges) |
| 2. | General/OBC/EWS | Rs 1000/- (Application fees cum intimation charges) |
SEBI Grade A Cutoff marks
SEBI Grade A Prelims Cut off 2021
| Papers | Cut off |
| Paper 1 | 30% |
| Paper 2 | 40% |
SEBI Grade A Mains Cut off 2021
| Papers | Cut Off | Weightage |
| Paper 1 | 30% | 1/3rd |
| Paper 2 (Legal, Engineering Stream) | 40% | 2/3rd |
| Paper 2 (Research Stream) | 40% | 2/3rd |
SEBI Grade A Career Growth
Below is the Career growth ladder for Grade A Officer (Assistant Manager) is as below
- Grade A Officer – Assistant Manager – Joining Grade
- Grade B Officer – Manager
- Grade C Officer – Assistant General Manager
- Grade D Officer – Deputy Manager
- Grade F Officer – General Manager
- Chief General Manager / Executive Director
A Grade A Assistant Manager can expect his first promotion to Grade B Manager after 3 years of service.