IFSCA Assistant Manager Eligibility Criteria 2024 - Age Limit, Qualification

IFSCA Grade A Eligibility Criteria 2024 

The International Financial Services Centre Authority or the IFSCA has released the IFSCA Notification for 2024. The notification is for the IFSCA Grade A Exam which will recruit young and eligible candidates to join the International Financial Services Centres Authority, headquartered in Gandhi Nagar, Gujarat. Like last year, the official announcement of IFSCA recruitment notification 2024 for (Grade A) Assistant Manager post was released on 27 March. The deadline for the online application is from March 28, 2024 to April 21, 2024. The notification will provide aspiring candidates with valuable details about the application procedure along with the IFSCA Grade A exam dates, eligibility criteria, IFSCA Grade A syllabus and exam pattern, salary structure and more.  

The first and most important step in completing the IFSCA Grade A 2024 application form is to confirm that you are qualified to apply for the exam and that you meet all prerequisites for the desired career post. You must ensure your eligibility for the desired position before applying to prevent the possibility of your candidacy being rejected during the recruitment process. That’s why you need to  confirm your IFSCA Grade A eligibility before submitting your application for the exam, You can do that by thoroughly going through all the specifics of the IFSCA Assistant Manager eligibility requirements which will be discussed below. Please note that the 2024 notification is impending, so the details given here is as per the previous year notification. 

IFSCA Grade A Educational Criteria 2024 

Candidates need to have completed a Master’s Degree with specialization in Statistics/ Economics/ Commerce/ Business Administration (Finance) / Econometrics. or bachelor's degree in information technology/ computer science/ master's in computer application/ information technology. or Bachelor’s degree in commerce appearing in “CA, CFA, CS and ICWA or Bachelor’s degree in Law or in any other discipline from a recognized University. You can take a look at the table below for more details on the educational criteria. 

PostEducational Qualification (As on February 01, 2023)
IFSCA Officer Grade A (Assistant Manager)
  • Master’s Degree with specialization in Statistics/ Economics/ Commerce/ Business Administration (Finance)/ Econometrics. OR
  • Bachelor’s degree in Information Technology/ Computer Science/ Master’s in Computer Application/ Information Technology. OR
  • Bachelor’s degree in commerce with CA, CFA, CS, ICWA. OR
  • Bachelor’s degree in Law or in any other discipline from a recognized University.

IFSCA Grade A Age Criteria 2024 

Along with the minimum educational qualifications, meeting the age requirements both are important. The age of the candidates must not exceed 30 years as of the date specified in the notification, to apply for the recruitment. This year, the date has been specified as 30 years on February 1, 2024.  The age criteria for the IFSCA Assistant Manager position are outlined below by IFSCA. 

PostAge Criteria (As on February 01, 2024)
IFSCA Officer Grade A (Assistant Manager) A candidate must not have exceeded the age of 30 years as on February 01, 2024.

IFSCA Grade A 2024 Age Relaxation 

Apart from the above-mentioned age criteria, the IFSCA notification also provides certain relaxation with respect to the upper age limit for some categories, as per the government norms. All the reserved categories that are mentioned in the official IFSCA Grade A notification 2024, will be entitled to receive the relaxation in age while applying for this post. 

CategoryAge Relaxation
OBC (Non-Creamy Layer) 03 Years
SC/ST 05 Years
PwBD General 10 Years
OBC 13 Years
SC/ST 15 Years

Important Points 

A Post Graduate Diploma in any discipline will be accepted as an educational requirement for the General stream, provided the same is recognized as equivalent to a Master’s degree in that discipline by Govt. of India. The onus to provide the necessary documentation in this regard shall be on the candidates. 

  • The upper age limit prescribed above will be eligible for relaxation for certain categories. 
  • Candidates must not fail to follow the specified IFSCA cut-off date to satisfy all eligibility criteria. 
  • Candidates who come under the OBC category but are considered to be part of the "Creamy Layer" are not eligible for OBC reservation. 

Work Experience 

The IFSCA Grade A exam is a great opportunity for fresh graduates because work experience is not mentioned as a necessary requirement for the Assistant Manager post. In short, candidates who have recently completed their graduation can apply for the position based on their educational qualifications. Nevertheless, candidates with additional qualifications or specialized skills will have an added advantage. Any updates regarding work experience or eligibility criteria will only be disclosed after the announcement of the IFSCA exam 2024. 

IFSCA Gr A Exam - Free Mock Tests

IFSCA Grade A Officer 2024 Paper 1 Mock Test 3

IFSCA Grade A Officer 2024 Paper 1 Mock Test 3

  • 60 Minutes
  • 100 Questions
  • 100 Marks
IFSCA Grade A Officer 2024 Paper 1 Mock Test 2

IFSCA Grade A Officer 2024 Paper 1 Mock Test 2

  • 60 Minutes
  • 100 Questions
  • 100 Marks
IFSCA Grade A Officer 2024 Paper 1 Mock Test 1

IFSCA Grade A Officer 2024 Paper 1 Mock Test 1

  • 60 Minutes
  • 100 Questions
  • 100 Marks

IFSCA Gr A Exam - Previous Year Question Paper

IFSCA Grade A Officer 2023 Paper 1 Previous Year Paper Shift 2

IFSCA Grade A Officer 2023 Paper 1 Previous Year Paper Shift 2

  • 60 Minutes
  • 100 Questions
  • 100 Marks
IFSCA Grade A Officer 2022 Phase 1 Paper 2 Previous Year Paper

IFSCA Grade A Officer 2022 Phase 1 Paper 2 Previous Year Paper

  • 60 Minutes
  • 50 Questions
  • 100 Marks
IFSCA Grade A 2023 Paper 2 Previous Year Paper

IFSCA Grade A 2023 Paper 2 Previous Year Paper

  • 60 Minutes
  • 50 Questions
  • 100 Marks
IFSCA Grade A 2023 Paper 1 Previous Year Paper Shift 1

IFSCA Grade A 2023 Paper 1 Previous Year Paper Shift 1

  • 60 Minutes
  • 100 Questions
  • 100 Marks

FAQs

No. Only those candidates who belong to the non-creamy layer of the OBC category are eligible for age relaxation. The OBC candidates from the creamy layer will indicate their category as General.
The maximum age to apply for the post of IFSCA Assistant Manager is 30 years as of the last notification. Any changes or updates will be known only after the release of the 2024 IFSCA Grade A exam notification.
No. As of the previous recruitment notification, IFSCA does not ask candidates for any prior work experience to apply for the Grade A posts. However, any changes or updates will be known only after the release of the 2024 IFSCA Grade A exam notification.
The minimum age to apply for the IFSCA AM recruitment is not particularly specified. However, the maximum age is 30 years as of the 2023 notification. Also, only candidates possessing a minimum bachelor’s degree in any discipline can apply for the IFSCA Grade A post.
No, applicants can only put in 1 application. The notification clearly states that “Not more than one application should be submitted by any candidate. In case of multiple applications, only the latest valid (completed) application will be retained, and the application fee/ intimation charges paid for the other multiple registration(s) will stand forfeited”.
No, there is no facility of reservation or age relaxation for the Ex-servicemen except in the case of those willing to apply for Officers’ post.

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