SEBI Exam Syllabus

SEBI Officer Grade A Syllabus For Phase 1

SEBI is one of the top financial organizations to work in. Therefore, you need to work really hard to get a job into a top organization like SEBI. SEBI releases its recruitment notification for SEBI Grade 'A' every year to select eligible candidates. It conducts an online examination in two phases followed by Interview through which it selects one of the best candidates as its employees. To select the best employees, SEBI undoubtedly sets an exam pattern of a good level testing the candidates knowledge on various subjects. Before starting your preparation it is very important to acquaint yourself with the complete syllabus of SEBI Grade A Exam. The detailed syllabus is as follows:

SEBI Officer Grade A Syllabus For Phase 1

SEBI Officer Grade A Syllabus For Phase 1

To start off with the preparation, you will first need the SEBI Officer Grade A syllabus so that you know what to study. Refer to the complete syllabus here:

General Awareness
  • Current Affairs – National & International
  • Budget
  • Awards and Honours
  • Important Financial & Economic News
  • Important Days
  • International & National Organizations
  • Sports
  • Books and Authors
  • Science – Inventions & Discoveries
  • Countries & Capitals etc
English Language
  • Error Spotting
  • Sentence Rearrangement
  • Reading Comprehension
  • Fill in the Blanks
  • Passages
  • Synonyms
  • Idioms & Phrases etc.
Quantitative Aptitude
  • Data Interpretation
  • Inequalities
  • Number Series
  • Approximation and Simplification
  • Data Sufficiency
  • HCF and LCM
  • Profit and Loss
  • SI & CI
  • Problem on Ages
  • Work and Time
  • Speed Distance and Time
  • Probability,Permutation and Combination
  • Mensuration
  • Average
  • Ratio and Proportion etc.
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
  • Logical Reasoning etc.
Awareness of Securities Market: Securities Markets
  • Indian Financial system – introduction – structure – finance commission – financial administration – receipts of the Government – Expenditures of the Government.
  • Capital markets – primary market – instruments – legal issues and regulations – secondary market – stock exchanges – brokers – trading in stock exchanges – forward trading – stock index – depositories – regulations
  • Bond Market- Money market, G.sec Market, Corporate bond market, Bond valuation, Duration, sensitivity, risk
  • Foreign Exchange market – exchange control – fixation of exchange rate – exchange control in India – FEMA – foreign exchange transactions of commercial banks in India – currency convertibility – currency forwards, futures and options – trading in foreign exchange market – relationship between money market and foreign exchange market.
  • Commodity market, commodity trading and exchanges
  • International capital markets – instruments – Guidelines – foreign investment in India and its regulations.
Awareness of Securities Market: Securities Law
  • Relationship between Company Law and securities law
  • Basic concepts related to securities law, like capital, public offer and securities
  • Historical Background of securities law
  • SEBI as a Market regulator, Powers and Functions of SEBI, Quasi legislative powers, executive powers and quasi-judicial powers
  • Regulating the intermediaries and Stock exchanges, Meaning and Type of securities, Securities Contract, Corporatization, Demutualization and regulation of stock exchange, Listing Agreement, Dematerlisation and Rematerlisation
  • Rights and duties of Depository (NSDL AND CSDL), Depository Participant, Issuer and beneficiary Unpublished Price Sensitive Information (UPSI), Insider as connected person, Insider as the person having access to UPSI, Trading on the basis of UPSI
  • Mergers Amalgamation and takeovers, Types and legal processes during takeover, Substantial Acquisitions, Exemptions by law, Exemption BY SEBI
  • Public offer and disclosure requirements
  • Unfair Trade Practices in the securities market, Securities Market offences, Prohibition of Insider Trading
  • SEBI ICDR Regulations
  • Public Offer requirements
  • Role of SEBI as a Regulator
  • Securities Appellate Tribunal
  • Role of Courts in enforcing securities regulations

Syllabus for SEBI Officer Grade A – Phase II Exam: Paper I

AS SEBI Grade A Officer Phase II consists of three papers. Paper I and Paper II are different for different posts while Paper II remains the same for all candidates irrespective of the post for which he/she has applied for. Under general post Paper I is of Securities Markets for which the detailed syllabus is given below:

Syllabus for SEBI Officer Grade A – Phase II Exam: Paper I

To start off with the preparation, you will first need the SEBI Officer Grade A – Phase II syllabus so that you know what to study.

Securities Markets (General Stream)
  • SEBI as a Market regulator, Powers and Functions of SEBI, Quasi legislative powers, executive powers and quasi-judicial powers
  • Regulating the intermediaries and Stock exchanges, Meaning and Type of securities, Securities Contract, Corporatization, Demutualization and regulation of stock exchange, Listing Agreement
  • SEBI regulated entities: Stock-broking, Depositories, Depository Participants, Registrars and Transfer Agents, Merchant Bankers, Custodians, Debenture Trustees, Stock Exchanges, Clearing Corporations, Credit Rating Agencies, Alternative Investment Funds, Bankers to Issues, Investment Advisors etc.
  • Stock Broking – equity, derivative, commodity
  • Merchant banking services – capital issue management – pricing of issue -marketing of issues
  • Mutual funds: Indian History, Role, legal structure, Types of schemes and main features, Real estate MFs and Reits, InVits, Distribution of financial products and investment advice: issues, concerns and regulatory requirements
  • Commodity market, commodity trading and commodity exchanges
  • International capital markets – instruments – Guidelines – foreign investment in India and its regulations
  • Historical Background of securities law
  • Basic concepts related to securities law, like capital, public offer and securities
  • Relationship between Company Law and securities law
  • Rights and duties of Depository (NSDL AND CSDL), Depository Participant, Issuer and beneficiary
  • Mergers Amalgamation and takeovers, Types and legal processes during takeover, Substantial Acquisitions, Exemptions by law, Exemption BY SEBI
  • Public offer and disclosure requirements, SEBI ICDR Regulations, LODR Regulations
  • Unfair Trade Practices in the securities market, Securities Market offences, Prohibition of Insider Trading, Unpublished Price Sensitive Information (UPSI), Insider as connected person, Insider as the person having access to UPSI, Trading on the basis of UPSI
  • Public Offer requirements
  • Foreign Portfolio Investors: Their role, nature of investments in Indian Market, their impact on Indian Markets
  • Collective Investment Schemes: regulatory framework, main issues/ concerns, role of SEBI and other agencies
  • Securities Appellate Tribunal: constitution, recent important cases
  • Role of Courts in enforcing securities regulations

Syllabus for SEBI Officer Grade A – Phase II Exam: Paper II

Paper II of SEBI Grade A Phase II for general post is of English writing skills. The paper is descriptive in nature. To get a hold in writing skills it is very necessary that a candidate is aware of the syllabus of English. The syllabus is given below:

Syllabus for SEBI Officer Grade A – Phase II Exam: Paper II

To start off with the preparation, you will first need the SEBI Officer Grade A – Phase II syllabus so that you know what to study.

English (Writing Skills)
  • Formal letter
  • Informal letter
  • Report writing
  • Notice writing
  • Email writing
  • Letter to the editor
  • Enquiry letter
  • Essay writing

Syllabus for SEBI Officer Grade A – Phase II Exam: Paper III

The paper III of SEBI Grade A Phase II is of Economic and Social Issues and Finance and Management. The detailed syllabus for Paper III is given below:

Syllabus for SEBI Officer Grade A – Phase II Exam: Paper III

To start off with the preparation, you will first need the SEBI Officer Grade A – Phase II syllabus so that you know what to study.

Economic & Social Issues and Finance & Management
  • Economic and social Issues
  • Growth and Development
  • Measurement of growth: National Income and per capita income
  • Poverty Alleviation and Employment Generation in India
  • Sustainable Development and Environmental issues. Economic Reforms in India
  • Industrial and Labour Policy
  • Monetary and Fiscal Policy
  • Privatization
  • Role of Economic Planning. Globalization
  • Opening up of the Indian Economy
  • Balance of Payments, Export-Import Policy
  • International Economic Institutions – IMF and World Bank
  • WTO
  • Regional Economic Co-operation.
Social Structure in India
  • Multiculturalism
  • Demographic Trends
  • Urbanization and Migration
  • Gender Issues
  • Social Justice : Positive Discrimination in favor of the under privileged
  • Social Movements
  • Indian Political System
  • Human Development
  • Social Sectors in India, Health and Education.
Finance and Management: Financial System
  • Money Market, Capital Market
  • Reserve Bank of India- functions and conduct of monetary policy, Banking System in India, Financial Institutions – SIDBI, EXIM, NABARD, NHB, etc.
  • SEBI – functions and role
  • Prevention of Money Laundering
  • Know Your Client Framework
Finance and Management: Financial Markets
  • Primary and Secondary Markets (Forex, Money, Bond, Equity, etc.), functions, instruments, recent developments.
Finance and Management: General Topics
  • Risk Management in Financial Sector Page 21 of 25
  • Basics of Derivatives: Forward, Futures and Swap
  • Changing Landscape of Financial sector
  • Recent Developments in the Financial Sector, Portfolio Investment, Public Sector Reforms, Disinvestments
  • Financial Inclusion- use of technology
  • Alternate source of finance, private and social cost-benefit, Public-Private Partnership
  • Corporate Governance in Financial Sector, role of e-governance in addressing the issues of corruption and inefficiency in the government sector
  • The Union Budget – Direct and Indirect taxes; Non-tax sources of Revenue, GST, Thirteenth Finance Commission and 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.
Management
  • Management: its nature and scope; The Management Processes; Planning, Organization, Staffing, Directing and controlling; The Role of a Manager in an Organization.
  • Leadership: The Tasks of a Leader; Leadership Styles; Leadership Theories; A successful Leader versus an effective Leader.
  • Human Resource Development: Concept of HRD; Goals of HRD; Performance Appraisal – Potential appraisal and development – Feedback and Performance Counselling – Career Planning – Training and Development – Rewards – Employee Welfare. Motivation, Morale and Incentives: Theories of Motivation; How Managers Motivate; Concept of Morale; Factors determining morale; Role of Incentives in Building up Morale.
  • 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.
  • Corporate Governance: Factors affecting Corporate Governance; Mechanisms of Corporate Governance.

Phase 2: Legal / Information Technology / Engineering stream

Besides having some post in general stream SEBI Grade A Officer also has some post under other streams. These posts consist comes under Legal, IT and Engineering stream. Paper I under Phase II of SEBI Grade A Officer is given below:

Phase 2: Legal / Information Technology / Engineering stream

To start off with the preparation, you will first need the Phase 2: Legal / Information Technology / Engineering stream syllabus so that you know what to study. Refer to the complete syllabus here:

Financial Sector
  • Indian Financial system
  • Regulatory framework – RBI.
  • Non-banking financial companies
  • Monetary Policies, REPO, reverse REPO, Fiscal deficit
  • Lease financing, hire purchase finance, consumer credit
  • Pension Products, Ponzi Schemes.
  • Insurance services Life Insurance, General Insurance, Health Insurance. Lines of Business
  • Bond Market
  • Foreign Exchange market
  • Capital markets

Section 3: SEBI Officer Grade A Syllabus for Specialized Subject

The Paper III of SEBI Grade A Phase II consist of questions from the domain of respective field for which the candidate has applied. The detailed syllabus for each stream is given below. A candidate can have a look in the table given.

Phase 2: Legal / Information Technology / Engineering stream

To start off with the preparation, you will first need the Phase 2: Legal / Information Technology / Engineering stream syllabus so that you know what to study. Refer to the complete syllabus here:

Legal Stream
  • Constitution of India
  • Law of Contracts
  • Company Law
  • Criminal Law
  • Code of Civil Procedure, 1908
  • Jurisprudence
  • Law of evidence
  • Administrative law
  • Law of Torts
  • Property law
  • Arbitration and Conciliation
  • Taxation
  • Law of Trusts
  • Important Latin terms and maxims
  • Interpretation of statues
Information Technology Stream
  • Concepts on databases
  • Programming in Java/ C++/ VB/ SQL
  • Data Warehousing/ Analytical tool (SAS, R, SAP, Oracle/ Microsoft BI)
  • Networking Concepts (LAN/ WAN etc.)
  • Information and Cyber Security/ IT Security/ Network Audit/ IT Act
  • Knowledge on Servers/ Storage
Engineering Stream – Civil Engineering
  • Building Materials
  • Solid Mechanics
  • Structural Analysis
  • Design of Steel Structures
  • Design of Concrete and Masonry Structures
  • Construction Practice, Planning and Management
  • Flow of Fluids, Hydraulic Machines and Hydro Power
  • Hydrology and Water Resources Engineering
  • Environmental Engineering
  • Geotechnical Engineering and Foundation Engineering
  • Surveying and Geology
  • Transportation Engineering
Engineering Stream – Electrical Engineering
  • Electrical Materials
  • Electric Circuits and Fields
  • Electrical and Electronic Measurements
  • Computer Fundamentals
  • Basic Electronics Engineering
  • Analog and Digital Electronics
  • Systems and Signal Processing
  • Control Systems
  • Electrical Machines
  • Power Systems
  • Power Electronics and Drives