SEBI Grade A 2021- Application Process, Eligibility, Admit Card and Career
Updated On -
Mar 19, 2021
Exams Prepmaster
The SEBI Grade A exam is a nation-wide exam conducted to recruit eligible candidates as Assistant Managers in the organization. As per the latest updates, the Securities and Exchange Board of India (SEBI) has published the revised schedule for conducting the Grade A Exam 2021 and it was held on 17 January 2021. On the other hand, the Phase II online examination will be conducted on 27 February 2021. To know the application process, Check the Application Process of SEBI Grade A.
A SEBI Grade A Officer gets approx. Rs. 1,07,000/- per month without accommodation and Rs. 73,000/- per month with accommodation along with perks and allowances. Know more about the SEBI Grade A: Vacancy, Salary Structure, Work Profile and Promotion
Latest Updates:
January 28, 2021- SEBI Grade A 2020 Phase I result has been declared on the official website. Check details here
SEBI Grade A Highlights
The SEBI Grade A exam offers entry-level job designations like Grade A officers. If you want to be a part of this organization, this is the best way to begin your career.
| Name of Exam | SEBI Grade Assistant Manager |
| Organization Name | Securities and Exchange Board of India (SEBI) |
| Post | Officer Grade A (Assistant Manager) |
| Vacancies | To be notified |
| Mode of application | Online |
| Application Fees | SC/ST/PWD - INR 100/- General/OBC/EWS - 1000/- |
| Mode of Exam | Online |
| Selection Process |
|
| Job Location | Across India |
| Official website | https://www.sebi.gov.in/ |
SEBI Grade A 2021: Important Dates
| Events | Dates |
|---|---|
| SEBI Grade A 2020 Phase II Exam | February 27, 2021 |
| SEBI Grade A 2021 Notification | To be notified |
| SEBI Apply Online 2021 Starting Date | To be notified |
| Last Date of SEBI 2021 Apply Online | To be notified |
| SEBI Grade A Admit Card | To be notified |
| SEBI Phase-I 2021 Online Examination | To be notified |
| SEBI Phase-II 2021 Online Examination | To be notified |
| SEBI Grade A 2021 Interview | To be notified |
SEBI Grade A: Eligibility criteria
For the post of SEBI Grade A 2021, the basic eligibility criteria are conditions of educational qualification and age limit. Candidates are permitted to apply for a maximum of 2 streams only for which he/she is eligible to apply, based on their educational qualifications. Here is detailed educational criteria and Age-limit has been mentioned below:
| Stream | Educational Criteria |
|---|---|
| General | General stream candidates should hold a Masters degree in any discipline, OR Bachelors degree in Law / Engineering OR Chartered Accountant / Company Secretary / Chartered Financial Analyst / Cost & Work 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 |
| Electrical Engineering | 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 |
Check SEBI Grade A 2021: Eligibility Criteria
Age Limit of SEBI Grade A 2021
- The maximum age limit is 30 years, i.e. the candidate should not be born on or before 01st March 1990.
- However, there is age relaxation for the reserved categories as per the government norms which is provided in the table below-
| Category | Age Relaxation |
|---|---|
| SC/ST | 5 years |
| Other backward classes (OBC) Non-Creamy layer(OBC-NCL) | 3 years |
| The person with disabilities (General) | 10 years |
| The person with disabilities (SC /ST) | 15 years |
| The person with disabilities (OBC) | 13 years |
| Ex-Service-men/Disabled Ex-Service-men | 5 years |
| Domiciled in Jammu & Kashmir from 1st January 1980 to 31st December 1981 | 5 years |
SEBI Grade A 2021: Application Process
The candidate will find the registration and application link for SEBI Grade A exam on their official website. You need to register first and once you get the application ID and password, you must login once more to complete the next parts of the application. For more details on how to apply for NABARD Grade A Click here.
Application Fees of SEBI Grade A 2021:
- The payment can be made by using only Debit Cards (Rupay/ Visa/ Master Card/Maestro), Credit cards, Internet Banking, IMPS, Cash Cards/ Mobile Wallets
- The mode of paying the application fees is online.
- On successful completion of the transaction, an e-Receipt will be generated.
- Take a Print out if you feel required.
- Application fees vary from candidate to candidates as per the categories:
| Category | Application fees |
|---|---|
| UR/OBC/EWS | INR 1000/-+ intimation charges |
| SC/ST/PwBD | INR 100/- + intimation charges |
Required Documents to Apply
SEBI has declared a detailed guideline for uploading the required documents. In the below tabular, candidates will find a summarized list of documents that are required to complete the application process:
| Documents | Dimensions | Size | File |
|---|---|---|---|
| Photograph (4.5cm × 3.5cm) | 200 x 230 pixels | 20kb-50kb. | .JPG/ JPEG |
| Signature | 140 x 60 pixels | 10kb –20kb | .JPG/ JPEG |
| Left Thumb Impression | 140 x 60 pixels | 10kb –20kb | .JPG/ JPEG |
| Handwriting Declaration | 140 x 60 pixels | 20kb –50 kb | .JPG/ JPEG |
SEBI Grade A: Admit Card
It is duly advised that you should download your SEBI Admit Card 2021 within a few days after they release it on their official website. This will save you from last-minute hustle and time. Candidates will not be allowed in the exam hall of SEBI without the hard copy of the admit card.
SEBI Grade A: Exam Centers
At the time of filling the application form, candidates have to choose an exam centre. The Phrase-I will be conducted in approximately 100+ cities all over India.
The Admit Card should reflect the same location of your exam venue as what you have chosen. Once chosen, candidates cannot amend the exam centre later. The list of exam centres is present, candidates can choose the exam centre suiting them the most from the same. To know the list, check SEBI 2021 Exam Centres for Phrase-I and Phase-II
SEBI Grade A: Exam Pattern
- For various posts, SEBI conducts 2 examinations: Phrase-I and Phase-II
- Phrase-I online screening examination consists of 2 papers, each paper of 100 marks.
- Phrase-II online examination also consists of 2 papers, each of 100 marks.
- Only the candidates qualify Phrase-I will be eligible to attempt Phrase-II of SEBI Grade A.
- The papers will be of multiple-choice questions.
- There will be negative marking for wrong answers.
- In case of Phrase-I, ¼ of the marks assigned to each question will be dedicated to wrong answers.
SEBI Grade A: Phase-I Exam Pattern:
An online screening examination consists of two papers (Multiple Choice questions of 100 marks each). This test has been announced to be held on January 17, 2021.
| Papers | Streams/subjects | Maximum Marks | Duration | Cutoff |
|---|---|---|---|---|
| Paper-I | All Streams: Multiple choice questions on the subjects viz. General Awareness (including some questions related to the Financial Sector of easy to moderate difficulty level), English Language, Quantitative Aptitude and Test of Reasoning. | 100 | 60 minutes | 30% |
| Paper-II | General Stream: Multiple choice questions on subjects Commerce, Accountancy, Management, Finance, Costing, Companies Act and Economics | 100 | 40 minutes | 40% |
| Legal, Information Technology, Engineering Stream (Civil & Electrical), Official Language stream: Multiple choice questions on the specialized subject related to the stream. | 100 | 40 minutes | 40% | |
| Research Stream:-Multiple choice questions on subjects Economics, Econometrics, Statistics, Finance and Commerce | ||||
| Aggregate Cut off | - | - | 40% | |
SEBI Grade A: Phase-II Exam Pattern
- Candidates shortlisted for Phase II will be issued new Hall Tickets.
- Paper-II will be conducted in various shifts for the candidates applying in multiple streams, the timings of which will be intimated in the Hall Ticket.
- There is the provision of negative marking of 1/4th for Paper 2 in Phase II (except IT stream for).
- An aggregate mark of 40 % is required to score in Phase-II to qualify.
- Candidates who will qualify the Phase II will only be called for the final stage of Interview.
- The list of those selected candidates for Interview will be made available on SEBI website.
| Paper | Subjects/streams | Total Marks | Duration | Cutoff | Weightage |
|---|---|---|---|---|---|
| Paper-I | All streams: English (Descriptive Test) to test the drafting skills | 100 | 60 minutes | 30% | 1/3rd |
| Paper-II | General Stream: Multiple choice questions on subjects Commerce, Accountancy, Management, Finance, Costing, Companies Act and Economics | 100 | 40 minutes | 40% | 2/3rd |
| Legal, Engineering Stream (Civil & Electrical) and Official Language Stream: Multiple choice questions onSpecialized subject related to stream | 100 | 40 minutes | 40% | 2/3rd | |
| Research Stream:- Multiple choice questions on subjects Economics, Econometrics, Statistics, Finance And Commerce | |||||
| Aggregate Cut of | - | - | 40% | - | |
To know the complete exam pattern and marking scheme, check SEBI Grade A: Exam Pattern, Marking Scheme and Syllabus
SEBI Grade A: Syllabus
SEBI has specified syllabus for both the papers of each phrase for each stream they are recruiting candidates from. The following part of the article shows the detailed form of the syllabus:
SEBI Grade A: Phrase I Syllabus- Paper I
| Section | Topics |
|---|---|
| General Awareness | Current Affairs – National & International, Budget, Awards and Honours, Important Days, International & National Organizations, Sports, Books and Authors, Science – Inventions & Discoveries, Countries & Capitals |
| English Language | Error Spotting, Sentence Rearrangement, Reading Comprehension, Passages, Synonyms, Idioms & Phrases etc. |
| Quantitative Aptitude | Data Interpretation, Inequalities, Number Series, Approximation and Simplification, Data Sufficiency, HCF and LCM, Profit and Loss, Profit and Loss, SI & CI, Problem on Ages, Work and Time, Speed Distance and Time, Probability, Permutation and Combination, Mensuration, Average, Ratio and Proportion |
| Reasoning | Puzzles, Seating Arrangements, Direction Sense, Blood Relations, Syllogisms, Order and Ranking, Coding-Decoding, Machine Input-Output, Inequalities, Alpha-Numeric-Symbol Series, Data Sufficiency, Number System and Conversions, Number System and Conversions, Logical Reasoning. |
SEBI Grade A: Phase 2 Syllabus
The paper-I for Phase-II exam is common for all and is a descriptive type English exam to check the drafting skill of the candidate. Its syllabus comprises basic grammar and comprehension skills. For Paper—I, the syllabus is specific depending on the qualification and stream chosen by the candidate for the exam. To know about the Detailed Syllabus mentioned by SEBI and the preferable books.
SEBI Grade A: Selection Process
SEBI Grade A Selection procedure is based on 3 major stages:
| Stage | Weightage |
|---|---|
| Phrase -I | Entry-Level Exam |
| Phrase-II | 85% of the Final Result |
| Interview | 15% of the Final Result |
- The candidates have to acquire the minimum cut-off marks in the Phase-I Exam so that they qualify for phase-II. The candidate has to meet an aggregate of 40% for both papers in Phase-I to qualify. A minimum cut-off 30% in individual papers is required.
- Only those candidates who are eligible and qualified for the Phase-I exam can download phase-II call letters from the website.
- Candidates will be called for the interview only if they qualify the phase-II exam. minimum 30% in paper-1 and 40% in paper-2 along with 40% aggregate is required to qualify the exam.
- The final merit list is prepared based on the Phase-II exam and the interview marks together.
Read Detailed SEBI Grade A 2021 Selection Process
SEBI Grade A: Cutoffs Trends
The expected cut off will be updated here once the exam is conducted. It is expected that the exam dates will be released once the application is complete. The last date of applying for SEBI Grade A was July 31, 2020. Expected Cut Off is measured taking into consideration various factors where the difficulty level of the exam is an important one.
SEBI Grade A Previous Years’ Cutoff Trends
The below table shows the minimum marks were required to clear Phrase-I of SEBI Grade A 2018:
| Stream | SC | ST | OBC(NCL) | UR/EWS |
|---|---|---|---|---|
| General | 90 | 103.5 | 110 | 119.25 |
| Legal | 102.25 | - | 107.5 | 101.25 |
| Information Technology | 97.5 | 123.25 | 96 | 95.75 |
| Civil Engineering | 102.5 | - | 105.75 | 105 |
| Electrical Engineering | 96.5 | - | - | 99.25 |
The cut-off trends are different for the different streams which you are choosing and hence, you must check accordingly. Studying the past cut-off marks is very helpful to estimate the prospective cut-off for the present year and take preparations accordingly. The three-staged examination process has been designed to choose the deserving candidates for the post of SEBI Assistant Manager. Candidates who have already prepared their mind to go for SEBI Grade A 2021, should start their preparation. Check Preparation Tips for SEBI.
SEBI Grade A Result and Merit List
A key criteria of the SEBI Grade A exam is that the candidate has to acquire the minimum marks separately for the different papers and sections in order to be qualified for the final merit list. Once the results are out, the candidate can check them, following the steps mentioned below:
- On the official website of SEBI, the result link will be made live once it is published.
- Click on the link and go to the career option to choose the stream for which you have applied.
- The list of shortlisted candidates will be provided on the website.
- The result dates are yet to be declared for the exam.
SEBI Grade A: Vacancy
SEBI Assistant Manager Grade A vacancy details have been released along with the official notification. A total of 147 vacancies are released for the Assistant Manager Post of 2020. For 2021 the notification has not been released yet. Here is a detailed vacancy list of SEBI Grade A 2020:
| Stream | Number of posts | |||||
|---|---|---|---|---|---|---|
| General | OBC | SC | ST | EWS | Total | |
| General | 32 | 22 | 12 | 6 | 8 | 80 |
| Legal | 12 | 4 | 2 | 2 | NA | 6* |
| 8 | 4 | 2 | 28 | |||
| Information Technology | 8 | 3* | 1* | 1* | NA | 5* |
| 5 | 2 | 1 | 1 | 17 | ||
| Engineering (Civil) | 0 | 0 | 1* | 0 | NA | |
| Engineering (Electrical) | 2 | 1 | 1* | 0 | NA | 1* |
| 0 | 0 | 3 | ||||
| Research | 3 | 1 | 0 | 1* | NA | 1* |
| 0 | 0 | 4 | ||||
| Official Language | 1 | 0 | 0 | 0 | 0 | 1 |
Note:
- Candidates belonging to OBC category but coming in the 'Creamy Layer' are not entitled to OBC reservation.
- EWS Reservations or Economically Weaker Sections in recruitment is governed by Office Memorandum No.36039/1/2019 Estt(Res) dated 31.01.2019 of Department of Personnel & Training, Ministry of Personnel, Public Grievances & Pensions, Government of India.
- “EWSs vacancies are tentative and subject to further directives of the Government of India and the outcome of any litigation. The appointment is provisional and is subject to the Income & Asset certificate being verified through proper channels”.
SEBI Grade A- Salary Structure
The pay scale of the SEBI Grade A Manager is INR 28150-1550(4)-343501750(7)-46600-EB-1750(4) -53600- 2000(1)-55600 (17 years). The in-hand salary can be either with accommodations or without accommodation and there is a major difference depending on this factor.
- Without accommodation, the per month in-hand salary is INR 1,07,000 and with accommodation the salary is approximately INR 73,000. These figures are inclusive of all the perks, and allowances.
- The basic pay is approximately INR 28, 150 for a Grade-A officer.
- For the first 5 years of service, there is an annual increment of INR 1550.
- From 6-12th year, the increment of basic pay is annually done at the rate of INR 1750 per month.
- Till the 17th year of service, the annual increment of the basic pay will be INR 2000 per month.
Some of the allowances that officers get:
- Dearness allowance
- Local allowance
- Family allowance
- House cleaning allowance
- Leave fare concessions
- Education allowance
- Conveyance expenses
- Subsidized lunch
- Eye refraction
- Financial dailies
SEBI Grade A Career Prospects
There is a lot of scope for growth in this specific career path. The SEBI Grade A officer post is an entry level designation and skill and experience together can help you grow in this field as high as the chairman. The following is the career graph that a SEBI Grade A officer is likely to have eventually:
- Assistant manager (Grade-A)
- Manager (Grade-B)
- Assistant General Manager (Grade-D)
- Deputy General Manager (grade- E)
- Chief General Manager (Grade-F)
- Executive Directors
- Whole time Members
- Chairman
FAQs
Ques. What is SEBI Grade A?
Ans. Securities and Exchange Board of India (SEBI), is a statutory regulatory body established by an Act of Parliament, to protect the interests of investors in securities, to promote the development of and to regulate the securities market.
Ques. Which is better: RBI Grade B or SEBI grade A?
Ans. Aspirants often compare among the competitive exams. As for the RBI Grade B and SEBI Grade A, here are some major differences are shown below so that candidates can decide with their own intellectuality and differentiate among these two prestigious exams:
| Comparison | SEBI Grade A | RBI Grade B |
|---|---|---|
| Advertised Post | Assistant Manager | Manager |
| Organization | Securities & Exchange Board of India | Reserve Bank of India |
| Eligibility Criteria | Bachelor’s Degree in Engineering or a master’s degree in any discipline. | Bachelor’s Degree in any discipline with at least 60% marks. |
| Salary Offered | Gross monthly salary of Rs 1,07,000 per month without accommodation Or Rs 73,000 per month with accommodation | Gross monthly emoluments Rs 77,208/- (approx) |
| Selection Procedure | Three-stage process I. Phase 1 – Paper 1 & Paper 2 II. Phase 2 – Paper 1 & Paper 2 III. Interview |
Three-stage process I. Phase 1 II.Phase 2 – Paper 1, Paper 2 & Paper 3 III. Interview |
| Official Website | http://www.sebi.gov.in/. | rbi.org.in |
Ques. What is the salary of an SEBI Grade A officer?
Ans. The pay scale of SEBI Grade A officer is Rs. 28150-1550(4)-34350-1750(7)-46600 -EB-1750(4)-53600- 2000(1)-55600 (17 years). Currently, the gross salary includes SEBI's Contribution towards National Pension Scheme (NPS), Special Allowance, Family Allowance, Dearness Allowance, Grade Allowance, Local Allowance, etc. Check SEBI Grade A Vacancy, Salary Structure, Work Profile and Promotion to know details about the life of a SEBI Grade Assistant Manager.
Ques. When can I apply for the SEBI Grade A exam 2021?
Ans. The application process for 2021 is yet to start and presently the phase II exam for 2020 is going to be held in February 27, 2021.
Ques. When will SEBI Grade A Phase-I be conducted?
Ans. The SEBI Grade A Phrase-I was scheduled on July 4, 2020. However, it has been postponed to January 17, 2021.
Ques. Has SEBI changed the Exam Pattern?
Ans. Yes, the exam Pattern of SEBI Grade A has been changed. There are only two papers in both Phrase-I and Phrase-II consisting of 100 marks in each paper. Check SEBI Grade A: Exam Pattern.
*The article might have information for the previous academic years, please refer the official website of the exam.