📈 Securities & Exchange Board of India — Grade A Officer

SEBI Grade A Officer 2026
Notification, Eligibility & Selection Process

Complete guide — eligibility, exam pattern, 3-phase selection process, stream-wise syllabus, salary. 135 vacancies for Assistant Manager (Grade A) across General, Legal, IT, Research, Engineering & Official Language streams.

⭐ Key Highlight  |  3-Phase Selection: Phase I + Phase II (Exam) → Interview · No Experience Required · Age Max 30

📋 Exam Overview

Exam NameSEBI Grade A Officer (Assistant Manager) Recruitment 2025–26
PostOfficer Grade A (Assistant Manager)
Conducting BodySecurities and Exchange Board of India (SEBI)
Total Vacancies135 (across all streams — 2025 cycle)
Streams AvailableGeneral · Legal · IT · Research · Engineering (Electrical/Civil) · Official Language
Selection ProcessPhase I (Online Screening) → Phase II (Mains) → Interview
Application Fee₹1,000 (Gen/OBC/EWS) · ₹100 (SC/ST/PwBD)
Official Websitesebi.gov.in/careers

📅 Important Dates (2025–26 Cycle)

EventDate / Status
Notification ReleasedOctober 30, 2025 ✅
Application OpensOctober 30, 2025 ✅
Last Date to ApplyNovember 28, 2025 ✅
Phase I Exam (Prelims)January 10, 2026 ✅ (Conducted)
Phase I Qualified Candidates10,797 out of 56,173 appeared ✅
Phase II Exam (Mains)February 21, 2026 ✅ (Conducted)
Interview (Phase III)April–May 2026 (tentative)
Final Result & JoiningJune–July 2026 (tentative)
Next SEBI Grade A NotificationExpected October–November 2026

✅ Eligibility Criteria

StreamEducational Qualification
GeneralMaster's Degree / CA / CFA / MBA (Finance) from a recognized university
LegalLLB Degree (3-year or 5-year integrated) from a recognized university
Information TechnologyB.E. / B.Tech / M.Tech / MCA in Computer Science / IT / Electronics
ResearchPost-Graduate in Economics / Commerce / MBA (Finance) / Statistics
Engineering (Electrical)B.E. / B.Tech in Electrical Engineering from a recognized university
Engineering (Civil)B.E. / B.Tech in Civil Engineering from a recognized university
Official LanguagePost-Graduate in Hindi with English as a subject at degree level (or vice versa)
Age Limit (General)Maximum 30 years (born on or after October 1, 1995 for 2025 cycle)
SC / STRelaxation: 5 years (Max 35)
OBC (NCL)Relaxation: 3 years (Max 33)
PwBDRelaxation: 10 years (Max 40)
Ex-ServicemenRelaxation as per Govt. of India norms
Experience Required?❌ No mandatory experience (Experience gives extra marks in Legal & Engineering streams)
NationalityIndian Citizen
Number of AttemptsNo restriction — can apply every year till age limit
💡 Experience Bonus (Legal & Engineering Streams): Up to 3.75 marks extra weightage for relevant post-qualification experience — applicable only during Phase II + Interview stage.

🎯 Selection Process — 3 Phases

Phase I is only a qualifying/screening exam. Marks of Phase I are NOT counted in the final merit list. Final selection = Phase II (85%) + Interview (15%).
PhaseTypeDetailsWeightage
Phase I Prelims Online (MCQ) Paper 1 (Common): 100 marks — GA, English, Quant, Reasoning
Paper 2 (Stream-specific): 100 marks — Specialized Subject
Cut-off: 30% in Paper 1, 40% in Paper 2, 40% aggregate
Qualifying Only (not counted)
Phase II Mains Online Paper 1: Descriptive English (common) — Essay, Précis, Comprehension
Paper 2 (Stream-specific): MCQ + Descriptive — Specialized Subject
Cut-off: 30% in Paper 1, 40% in Paper 2, 50% aggregate
85%
Phase III Interview Personal Interview Personality, communication, domain knowledge, securities market awareness. Medium: Hindi or English (candidate's choice) 15%
Negative Marking: 1/4th marks deducted for every wrong answer in all MCQ papers.

📊 Exam Pattern — Phase I

PaperSubjectQuestionsMarksDuration
Paper 1 (Common — All Streams)General Awareness · English Language · Quantitative Aptitude · Reasoning Ability10010060 min
Paper 2 (Stream-Specific)Specialized subject (Legal / General / IT etc.)10010040 min
Total200200100 min

📊 Exam Pattern — Phase II

PaperSubjectTypeMarksDuration
Paper 1 (Common — All Streams)English Descriptive — Essay · Précis · ComprehensionDescriptive10060 min
Paper 2 (Stream-Specific)Specialized subjects (Legal / General / IT etc.)MCQ + Descriptive100120 min
Total200180 min

📚 Syllabus — Stream-Wise

Select your target stream below to view the relevant Phase I & Phase II syllabus.

Phase I — Paper 1 (Common for ALL Streams) · 100 Marks

  • General Awareness (Financial & Securities Market)
  • Current Affairs — National & International
  • SEBI, RBI, IRDAI, PFRDA — Regulatory Updates
  • Capital Markets & Securities Laws
  • Quantitative Aptitude — Simplification
  • Number Series & Data Interpretation
  • Ratio, Percentage, Profit & Loss
  • Time, Speed & Distance
  • English Language — Error Spotting
  • Reading Comprehension & Vocabulary
  • Sentence Rearrangement & Fill-in-Blanks
  • Reasoning — Syllogism, Coding-Decoding

Phase II — Paper 1 (Common — English Descriptive)

  • Essay Writing (on financial / regulatory topics)
  • Précis Writing
  • Comprehension Passage
  • Business / Legal Letter Writing
  • Report / Note Writing
  • Vocabulary & Grammar in context

Phase I & II — Paper 2 General Stream Syllabus

  • Commerce & Accountancy — Financial Statements
  • Accounting Standards (AS / Ind AS)
  • Cash Flow & Fund Flow Statements
  • Ratio Analysis & Financial Analysis
  • Bonus Shares, Rights Shares, Buyback
  • Employees Stock Options (ESOP)
  • Management — Planning, Organizing, Staffing
  • Directing, Controlling & Motivation
  • Finance — Capital Markets, IPO/FPO, Bonds
  • Derivatives — Futures, Options, Swaps
  • Costing — Marginal Costing, Standard Costing
  • Cost-Volume-Profit Analysis

Economics & Capital Markets

  • Demand & Supply — Market Structures
  • National Income, GDP, GNP
  • Monetary & Fiscal Policy
  • Inflation & Phillips Curve
  • IS-LM Framework
  • Public Economics — Tax & Non-Tax Revenue
  • Companies Act, 2013 — Key Provisions
  • Capital Market Instruments & Regulations
  • Mutual Funds, ETFs, AIF
  • SEBI Regulations (LODR, Insider Trading, Takeover)
  • RBI & Monetary Policy Framework
  • Basel Norms & Capital Adequacy

SEBI Grade A Interview — Domain Knowledge Questions

  • Role of SEBI in the Indian Capital Market
  • SEBI's Powers — Quasi-Judicial, Quasi-Legislative, Executive
  • Insider Trading — definition, cases, penalties
  • Takeover Code — open offer triggers
  • Recent SEBI enforcement actions
  • Investor grievance mechanism — SCORES
  • Stock Exchange regulation — NSE, BSE
  • Mutual Fund & AIF regulations
  • Significant changes in SEBI regulations (last 6 months)
  • IPO process — DRHP to listing
  • Whistleblower policy in listed companies
  • SEBI's role in ESG disclosures

HR & Personality Questions

  • Why SEBI? Career motivation
  • Strengths & weaknesses as a regulator
  • Ethical dilemmas in securities regulation
  • Regulatory vs market-development balance
  • How would you handle investor complaints?
  • Leadership, communication & teamwork
🎤 Interview carries 15% weightage in final merit. Medium can be Hindi or English — your choice at time of interview registration.

💰 Salary & Pay Scale

Pay Scale₹62,500 – ₹1,26,100 (Grade A — Assistant Manager)
Gross Monthly Salary (Mumbai)₹1,84,000/month (without accommodation) · ₹1,43,000/month (with accommodation)
In-hand Salary₹1,50,000/month approx. (without accommodation)
Dearness Allowance (DA)As per SEBI norms (revised periodically)
HRA / Local AllowanceCity-grade-based allowances
Other PerksMedical (self + family) · Travel Allowance · Education Allowance · Financial Newspaper reimbursement · Eye check-up
PensionNational Pension System (NPS)
TrainingAt National Institute of Securities Markets (NISM), Patalganga
Probation Period2 years
Career GrowthAssistant Manager → Manager → Deputy GM → GM → Chief GM

🔍 SEBI Grade A vs RBI Grade B — Key Differences

ParameterSEBI Grade ARBI Grade B
Conducting BodySEBI (Capital Markets Regulator)RBI (Central Bank)
Post NameAssistant ManagerOfficer in Grade B (DR)
Vacancies (approx.)~135/year~270–300/year
Age LimitMax 30 yearsMax 33 years (DR-General)
ExperienceNot required (bonus marks for Legal/Engg)Not required (DR stream)
Salary (Gross)~₹1,84,000/month~₹1,70,000+/month
Exam DifficultyHigh (3-phase)Very High (3-phase + ESI/FM)
Interview Weightage15% of final merit~25% of final merit

Prepare for SEBI Grade A 2026–27

Next notification expected October 2026 · Start now with The Law Pillar

The Law Pillar

SEBI Grade A Batch

Legal · General · RBI Grade B

⏰ Timing 8:00 – 10:00 AM
📅 Duration 8 Months
👥 Batch Size Max 20 Students
📍 Mode Offline · Gwalior
💰 Fee ₹50,000  ₹25,000
🎁 Offer 50% OFF
🗓️ Starts 1 April 2026
  • Securities Law — Complete Syllabus
  • Phase I + Phase II + Interview Prep
  • SEBI + RBI Grade B Covered
  • NLU Alumni Expert Faculty
  • Study Material + Mock Tests

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