Detailed Syllabus for SEBI Grade A Officer Exam 2023 [Phase 1 & Phase 2] – Stream-Wise

The Securities & Exchange Board Of India (SEBI), the regulatory body for securities and commodity market in India will be releasing the SEBI Grade A recruitment notification for the position of assistant manager in the following categories; General, Legal, Information Technology (IT), Research & Official Language. Now comes the part where you decide to take up the exam and start with your preparations right? The most important thing to do in the first place is to get to know the complete syllabus for SEBI Grade A Officer Exam 2023. The paper pattern of SEBI is quite different from other exams. Hence, it becomes all the more important to understand it first.

Here in this article, we will be sharing with you the following things:

• Detailed exam pattern for Phase 1 (prelims) & Phase 2 (mains)
• SEBI Grade A Syllabus 2023 for Phase 1 and Phase 2 ((Paper 1 & Paper 2).
• Topper’s Say Preparation starts with a Mock Test. (Helps you understand your weaker points)
• Study Material and Mock Test Series. (Tailor-made for SEBI Grade A Aspirants)

Syllabus for SEBI Grade A 2023 Exam [Phase 1 & Phase 2]

This blog intends to take you through the SEBI assistant manager syllabus for both the phases of the SEBI Grade A 2023 exam, subject-wise and well stream-wise. But before we jump on to the SEBI Grade A syllabus 2023, let us quickly take a glance at the SEBI Grade A exam pattern for the year 2023.

SEBI Grade A Exam Pattern 2023

SEBI Grade A 2023 Phase 1 Exam Pattern (Prelims)

(On-line screening examination consisting of two papers of 100 marks each),

1. Paper-1 – 100 Marks – 60 Mins – 30% cutoff
2. Paper-2 – 100 Marks – 40 Mins – 40% cutoff

Paper	Streams/Subjects	Maximum Marks	Duration	Cut-off
Paper 1	All Streams: MCQs on the subjects viz. 1. General Awareness (including some questions related to Financial Sector of easy to moderate difficulty level), 2. English Language, 3. Quantitative 4. Aptitude Test of Reasoning.	100	60 mins	30%
Paper 2	General Stream: Multiple choice questions on subjects Commerce, Accountancy, Management, Finance, Costing, Companies Act and Economics   Legal, Information   Technology & Official Language stream: Multiple choice questions on Specialized subjects related to the stream.   Research Stream: – Multiple choice questions on subjects Economics, Econometrics, Statistics, Finance and Commerce.	100	40 mins	40%
Aggregate Cut-off		–	–	40%

Important Pointers to note about the Phase 1 exam pattern:

1. There shall be negative marking (1/4th of marks assigned to the question) for the Paper 1 and Paper 2 in Phase 1.
2. There shall be a cut-off of minimum 30% for Paper 1 (no sectional cut-off shall be there) and a cut-off of minimum 40% for Paper 2 in Phase 1.
3. Candidates would need to secure separate cut-off in each paper as mentioned above as well as aggregate cut-off marks of 40% in Phase 1 exam to be shortlisted for Phase 2.
4. Marks obtained in Phase 1 shall be used only for shortlisting the candidates for Phase 2 examination process and will not be counted for final selection of the candidates.
5. Subject to the criteria mentioned at (iii) above, all the candidates who clear Phase 1 shall be shortlisted for Phase 2. List of candidates shortlisted for Phase II will be made available on SEBI website.

SEBI Grade A 2023 Phase 2 Exam Pattern (Mains)

(On-line examination consisting of two papers of 100 marks each) and

• Paper-1 – 100 Marks – 60 Mins – 30% cutoff
• Paper-2 – 100 Marks – 40 Marks – 40% cutoff

Paper	Subject	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

Stream	Marks	Duration	Cut-off	Weightage
General Stream: Multiple-choice questions on subjects Commerce, Accountancy, Management, Finance, Costing, Companies Act, and Economics.	100	40 minutes	40%	2/3rd
Legal & 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 subjects Economics, Econometrics, Statistics, Finance, and Commerce	100	40 minutes	40%	2/3rd
Information Technology Stream: Coding Test (Languages: C++/JAVA/Python)	100	180 Minutes	40%	2/3rd

**The aggregate cut off of Phase 2 (Paper 1 & Paper 2 is 50%.

Important Pointers to note about the Phase 2 exam pattern:

1. Candidates shortlisted for Phase II will be issued new Hall Tickets.
2. For candidates who have applied in multiple streams, Paper 2 will be conducted in various shifts, the timings of which will be intimated in the Hall Ticket.
3. There shall be negative marking (1/4th of marks assigned to the question) for Paper 2 in Phase II (except IT stream).
4. There shall be a cut-off of minimum 30% for Paper 1 and a cut-off of minimum 40% for Paper 2 in Phase II.
5. Candidates would need to secure separate cut-off in each paper as mentioned at (iv) above as well as aggregate cut-off marks of 50% in Phase II exam (weightage of 1/3rd for Paper 1 and 2/3rd for Paper 2) to be shortlisted for Phase III.
6. Subject to the criteria mentioned at (v) above, candidates equaling 3 times the number of vacancies shall be shortlisted, in order of merit, for Phase III i.e. the Interview. List of candidates shortlisted for Interview will be made available on SEBI website.
7. All question papers (in both the Phases, except the test of English) will be set bilingually in Hindi and English.

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SEBI Grade A 2023 Phase 3 (Interview)

Interview: 

1. Only the shortlisted candidates will be called for interview. Application fee shall not be refunded to the candidates not shortlisted for Phase II and Interview. Candidate may opt for interview either in Hindi or English. Weightage of marks obtained in Phase II will be 85%, while marks obtained in interview shall be given a weightage of 15%.
2. SEBI reserves the right to modify the selection procedure if deemed fit.

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Syllabus for SEBI Grade A Officer

SEBI Grade A Syllabus for Prelims (Phase 1) – Paper 1 Syllabus (Common For All)

Check the important topics from the SEBI Grade A syllabus 2023 for the general stream here.

Section	Important Topics from SEBI Grade A Syllabus 2023
Quantitative Aptitude	1. Data Interpretation (Percentage, Ratios), 2. Quadratic Equations, 3. Wrong Number Series & Missing Number Series 4. Problems on Ages, CI, Mensuration, Simplification, Partnerships
Reasoning	1. Direction Sense, 2. Blood Relations, 3. Syllogisms, 4. Miscellaneous topics (Alphabetical Series), Inequality
English	1. Reading Comprehension, 2. Cloze Test, 3. Find the error (A/B/C type, correct the highlighted part), 4. Jumbled sentences
General Awareness (including some questions on the Financial Sector)	1. Current Affairs Topics like Sports, Awards, Summits & Conferences 2. Static GK: Headquarters for example financial awareness

For more clarity about the type of questions asked in the previous year, refer to the SEBI Grade A 2020 exam analysis.

Section	Topics Asked
Quantitative Aptitude	1.       DI – 8 to 10 Questions 2.       Wrong Number Series – 5 Questions 3.       Arithmetic Questions on Mixtures & Allegations, Mensuration, Time Work & Distance, Ages
English Language	1.       Reading Comprehension (Passage) – 7-8 Questions 2.       Find the Correct Statements – 3 Questions 3.       Jumbled Sentences – 4 Questions 4.       Error Detection – 3 Questions 5.       Fill in the Blanks – 3 Questions
Reasoning Ability	1.       2 Puzzles – 11 Questions 2.       Inference Based Questions – 2 3.       Syllogisms – (5 easy) 4.       Miscellaneous Questions – 2
General Awareness	Most of the questions were from Nov-Dec Current Affairs 1.       Personalities in News 2.       Important Days 3.       Banking Related Ques. 4.       Factual Information from SEBI Notifications from the SEBI website 5.       Government Schemes 6.       Finance & Economy News 7.       Financial Awareness

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SEBI Grade A Syllabus for Prelims (Phase-I) – Paper 2 Syllabus (Stream-Wise)

SEBI Grade A Syllabus For General Stream

Here is the SEBI Grade A syllabus 2023 for the general stream.

Syllabus for Commerce & Accountancy

1. Accounting as a financial information system.
2. Accounting Standards with specific reference to Accounting for Depreciation, Inventories, Revenue Recognition, Fixed Assets, Foreign Exchange Transactions, Investments.
3. Cash Flow Statement, Fund flow statement, Financial statement analysis; Ratio analysis.
4. Accounting for Share Capital Transactions including Bonus Shares, Right Shares.
5. Employees Stock Option and Buy-Back of Securities.
6. Preparation and Presentation of Company Final Accounts.
   

Follow this Sequence for your Preparation 3 ➔ 4 ➔ 5 ➔ 1 ➔ 2 ➔ 6

SEBI Grade A Syllabus for Management

1. Management: its nature and scope; The Management Processes; Planning, Organization, Staffing, Directing and Controlling.
2. The Role of a Manager in an Organization. Leadership: The Tasks of a Leader.
3. Leadership Styles; Leadership Theories; A successful Leader versus an effective Leader.
4. Human Resource Development: Concept of HRD; Goals of HRD.
5. Motivation, Morale and Incentives: Theories of Motivation; How Managers Motivate; Concept of Morale; Factors determining morale; Role of Incentives in Building up Morale.
6. Communication: Steps in the Communication Process; Communication Channels; Oral versus Written Communication; Verbal versus non-verbal Communication; upward, downward and lateral communication; Barriers to Communication, Role of Information Technology.

You can follow any sequence for your Management Preparation

SEBI Grade A Syllabus for Finance

1. Financial System
   • Role and Functions of Regulatory bodies in Financial Sector.
     
2. Financial Markets
   • Primary and Secondary Markets (Forex, Money, Bond, Equity, etc.), functions, instruments, recent developments.
     
3. General Topics
   • Basics of Derivatives: Forward, Futures and Swap
   • Recent Developments in the Financial Sector
   • Financial Inclusion- use of technology
   • Alternate source of finance, private and social cost-benefit, Public-Private Partnership
   • Direct and Indirect taxes; Non-tax sources of Revenue, GST, Finance Commission, Fiscal Policy, Fiscal Responsibility and Budget Management Act (FRBM)
   • Inflation: Definition, trends, estimates, consequences, and remedies (control): WPI, CPI – components and trends.

Follow this Sequence for your Preparation 2 ➔ 3 ➔ 1

SEBI Grade A Syllabus for Costing

1. Overview of Cost and Management Accounting – Introduction to Cost and Management Accounting, Objectives and Scope of Cost and Management Accounting.
2. Methods of Costing – Single Output/ Unit Costing, Job Costing, Batch Costing, Contract Costing, Process/ Operation Costing, Costing of Service Sectors.
3. Basics of Cost Control and Analysis – (i) Standard Costing, (ii) Marginal Costing, (iii) Budget and Budgetary Control.
4. Lean System and Innovation
   • Introduction to Lean System
   • Just-in-Time (JIT)
   • Kaizen Costing
   • 5 Ss
   • Total Productive Maintenance (TPM)
   • Cellular Manufacturing/ One-Piece Flow Production Systems
   • Six Sigma (SS)
   • Introduction to Process Innovation and Business Process Re-engineering (BPR).

Follow this Sequence for your Preparation 1 ➔ 2 ➔ 3 ➔ 4

SEBI Grade A Syllabus for Companies Act

The Companies Act, 2013 – Specific reference to Chapter III, Chapter IV, Chapter VIII, Chapter X, Chapter XI, Chapter XII, and Chapter XXVII. Current affairs related to companies act are important.

SEBI Grade A Syllabus for Economics

1. Demand and Supply, Market Structures, National Income: Concepts and Measurement, Classical & Keynesian Approach Determination of output and employment, Consumption Function, Investment Function, Multiplier and Accelerator, Demand and Supply for Money, IS-LM, Inflation and Phillips Curve, Business Cycles.
2. Balance of Payments, Foreign Exchange Markets, Inflation, Monetary and Fiscal Policy, Non-banking Financial Institutions.

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SEBI Grade A Syllabus for Mains (Phase 2) – Paper 1 Syllabus (for All Stream)

Paper 1 of Phase- II (For All Streams):- English Writing Skills The paper on English shall be framed in a manner to assess the writing skills including expression and understanding of the topic including precis writing/ essay writing/ comprehension.

This is all for the SEBI syllabus for the general stream.

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SEBI Grade A Exam Preparation 2023 – General Stream

SEBI Exam being one of the most awaited yet toughest exams need thorough preparation and practice. One must not wait for the exam dates to be out to start preparing for it because it is difficult to prepare the vast syllabus in such a short period. Start with SEBI Free Mock Test to kickstart your preparation. This would help you analyze your strengths as well as weaknesses and accordingly you can plan your strategy.

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SEBI Grade A Recruitment Exam Preparation Strategy 2023

Know here how to prepare for SEBI Grade A Officer 2023.

SEBI Grade A Preparation 2022 – Study Plan for Phase 1 [Paper 1 & 2]

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Syllabus For Legal Stream

Syllabus for Paper 2 of Phase 1 & Phase 2 in Legal Stream

Phase I
Sr. No.	Subject	Weightage*
1.	Constitution of India – Preamble, Part I, Part III, Part IV, Part IVA, Part V, Part VI, Part VIII, Part IXA, Part IXB, Part XI.	10%
2.	Law of Contracts – Indian Contract Act, 1872 (Chapters I to VI), Specific Relief Act, 1963.	10%
3.	Criminal Law – Indian Penal Code, 1860 (Chapters I, II, III, IV, V, VA, VI, IX, XVII); Code of Criminal Procedure, 1973.	15%
4.	Law of Evidence – Indian Evidence Act, 1872.
5.	Code of Civil Procedure, 1908 – Part I, Part II.
6.	Administrative Law and Principles of Natural Justice	10%
7.	Jurisprudence and Interpretation of Statutes	10%
8.	Important Latin terms and maxims
9.	Law of Torts and Consumer Protection Act, 2019	5%
10.	Arbitration and Conciliation Act, 1996 – Part I	5%
11.	Transfer of Property Act, 1882 – Chapter III, Chapter IV, Chapter V.	5%
12.	Companies Act, 2013 – Chapter I, Chapter II, Chapter III, Chapter IV, Chapter V, Chapter VII, Chapter VIII, Chapter IX, Chapter X, Chapter XI, Chapter XII, Chapter XIII, Chapter XV, Chapter XVI.	15%
13.	Securities Laws – SEBI Act, 1992, SC(R) Act, 1956, Depositories Act, 1996	15%

* Weightages are indicative only

Phase II
Sl. No.	Subject	Weightage*
1.	Constitution of India – Preamble, Part I, Part III, Part IV, Part IVA, Part V, Part VI, Part VIII, Part IXA, Part IXB, Part XI, Part XII, Part XIII, Part XIV, Part XIVA, Part XX.	10%
2.	Law of Contracts – Indian Contract Act, 1872 (Chapters VIII to X), Indian Partnership Act, 1932, Specific Relief Act, 1963	10%
3.	Criminal Law – Indian Penal Code, 1860 (Chapters I, II, III, IV, V, VA, VI, IX, XVII, XXI, XXII, XXIII); Code of Criminal Procedure, 1973.	10%
4.	Law of Evidence – Indian Evidence Act, 1872.
5.	Code of Civil Procedure, 1908 – Part I, Part II, Part III, Part IV, Part V, Part VII, Schedule I.
6.	Administrative Law and Principles of Natural Justice	10%
7.	Jurisprudence and Interpretation of Statutes
8.	Important Latin terms and maxims
9.	Law of Torts and Consumer Protection Act, 2019	15%
10.	Arbitration and Conciliation Act, 1996 – Part I, Part III, Part IV.
11.	Transfer of Property Act, 1882 – Chapter III, Chapter IV, Chapter V.
11.	Law of Trusts – Parties to a Trust Deed and Duties of Trustees.
12.	Corporate Law – Companies Act, 2013 (Chapter I, Chapter II, Chapter III, Chapter IV, Chapter V, Chapter VII, Chapter VIII, Chapter IX, Chapter X, Chapter XI, Chapter XII, Chapter XIII, Chapter XV, Chapter XVI, Chapter XXVII, Chapter XXVIII, Chapter XXIX); Limited Liability Partnership Act, 2008; Insolvency and Bankruptcy Code, 2016 (Part I, Part II)	20%
13.	Taxation – General principles, Capital Gains Tax, Securities Transaction Tax	5%
14.	Securities Laws – SEBI Act, 1992, SC(R) Act, 1956, Depositories Act, 1996	20%

* Weightages are indicative only

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Syllabus For Information Technology

Syllabus for Paper 2 of Phase 1 in Information Technology Stream

Phase I
Sr. No.	Topic	Details	Weightage*
1.	Database Concepts	ER‐model. Relational model: relational algebra, tuple calculus, Integrity constraints, normal forms. File organization, indexing (e.g., B and B+ trees), Transactions and concurrency control.	10
2.	SQL Queries	Select, view, truncate, delete, update, alter, Inner join, different types of outer joins,, use of aggregate functions, Union, intersection, except, in and exist clauses, nested queries	10
3.	Programming Concepts (Java /C C++ )	Program control (iteration, recursion, Functions), Scope of variables, Binding of variables & functions, Parameter passing, Functional and Logic Programming, OOPS Concepts, Inheritance, Class and object, Constructors, Functions, Exception Handling	30
4.	Data Analytics Languages (Python / R)	Regex, Slicing, Data reshaping, Dataframes, Dictionaries and Sets, File Management, Classes and Functions, Data Mining, Lists, Importing and exporting data, charts and graphs	10
5.	Algorithms for problem solving	Tree and graph traversals, Connected components, Spanning trees, Shortest paths; hashing, Sorting, Searching; Design techniques (Greedy, Dynamic Programming, Divide-and-conquer)	10
6.	Networking Concepts	ISO/OSI stack, LAN Technologies (Ethernet, Token ring), TCP/UDP, IP, Basic concepts of switches, gateways, and routers, Application layer protocols (DNS, SMTP, POP, FTP, HTTP), Firewalls	10
7.	Information    & Cyber Security Concepts	Cyber    Attacks,   Software    Development   Security, Network security, Authentication, CIA – Confidentiality, Integrity and Availability, Network Audit, Systems Audit	10
8.	Data warehousing	Data Extraction, Data Cleaning, Data Transformation, Data Loading, Metadata, Data Cube, Data Mart, Data Models,	5
9.	Shell Programming	Shell Scripting Basics, Shell Variables, Shell Script Arguments, If Statement, Loop, Return, Basic UNIX commands	5
Total	100

• Weightages are indicative only

Syllabus for Paper 2 of Phase 2 in Information Technology Stream

SN	Topic	Concept	Language used to test the concepts	Weightage*
1	Algorithms	Sorting,        Searching,         Greedy Algorithms, Dynamic Programming, Backtracking, Divide and Conquer, Pattern Searching	C++/JAVA/Python	40
2	Data Structure	Array, Linked List, Stack, Queue, Binary Tree, Indexing, Binary Search Tree, Heap, Hashing, Matrix	C++/JAVA/Python	40
3	String Manipulation	Length, Substring, Regex, Search	C++/JAVA/Python	20
Total	100

• Weightages are indicative only

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Syllabus For Research Stream 

Syllabus for Paper 2 of Phase I & Phase II in Research Stream (Common Syllabus for both phases)

1. Economics: Demand and Supply, Market Structures, National Income, Determination of output and employment, Investment Function, Multiplier and Accelerator, Demand and Supply for Money , IS – LM, Inflation and Phillips Curve, Business Cycles, Inflation, Monetary and Fiscal Policy, Non-banking Financial Institutions.
   
2. Public Economics: Public Goods, Tax & Non-Tax Revenue, Direct & Indirect Taxes, Progressive and non- Progressive Taxation, Incidence and Effects of Taxation, Public expenditure , Public Debt, Public Budget and Budget Multiplier.
   
3. Statistics and Econometrics: Measures of Central tendency & dispersions, Correlation, Sampling methods, Sampling Distribution, Statistical Inferences, Hypothesis testing, Regression Analysis.
   
4. International Economics: Balance of Payments, Foreign Exchange Markets, Role of International Financial Institutions: BIS, IOSCO, IMF & World Bank.
   
5. Financial Markets: Asymmetric Information, Market Model, Market Efficiency, Primary Market, Secondary Market, Commodity Markets, Mutual Funds, Stock Exchanges, Depositories, Clearing Corporations, Credit Rating Agencies, Corporate Debt Market. Forwards, Futures, Options, Hedging, Speculation and Arbitrage.

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Syllabus For Official Language

1. भारत सरकार की राजभाषा नीतत (Official Language Policy of the Govt. of India) से संबंतित प्रश्न

2. तिन्दी से अंग्रेजी अनुवाद [शब्द / वाक्ांश / वाक् / Terms / Phrases / Sentences]

3. अंग्रेजी से तिन्दी अनुवाद [शब्द / वाक्ांश / वाक् / Terms / Phrases / Sentences]

4. तिन्दी से अंग्रेजी – तवतिक शब्दावली (Legal Terminology)

5. अंग्रेजी से तिन्दी – तवतिक शब्दावली (Legal Terminology) 6. तिन्दी से अंग्रेजी – प्रशासतनक / बैंतकंग / प ंजी बाजार संबंिी शब्दावली (Administrative / Banking / Capital Market Terminology) 7. अंग्रेजी से तिन्दी – प्रशासतनक / बैंतकंग / प ंजी बाजार संबंिी शब्दावली (Administrative / Banking / Capital Market Terminology)

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SEBI Grade A Mains (Phase – II) – Paper 1 Syllabus (Common For All)

English Writing Skills Syllabus

The paper on English shall be framed in a manner to assess the writing skills including expression and understanding of the topic including precis writing/ essay writing/ comprehension

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Toppers Take on the Preparations & Strategies

SEBI 2018 topper Sunder says that preparation or even the beginning of the preparation is incomplete without a mock test.

Mock tests help you understand your weaker areas and the areas that need more focus.

• Success Story of Adesh Singhal
• Success Story of Rushali Mohase
• Success Story of Gopika Jayan

It is highly suggested to begin your preparations with a mock test. Try A Free Mock Test Now.

Register Now & Get Complete Mock Test Series for SEBI Grade A 2023.

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That’s all from us in this article for the syllabus for SEBI Grade A exam for all streams. Keep checking this space for more updates related to SEBI Grade A Recruitment 2023 for Grade A Officers.

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