SEBI Grade A 2026: Exam Date, Syllabus, Eligibility & Mocks

SEBI Grade A is the recruitment for Officers in Grade A, designated Assistant Manager, at the Securities and Exchange Board of India — the statutory regulator of India’s securities and commodity derivatives markets. Officers work on market regulation, surveillance, investigation and enforcement, corporate finance oversight, investor protection and policy formulation.

Recruitment runs across several streams — General, Legal, Information Technology, Engineering (Civil and Electrical), Research, and Official Language. Selection involves a two-paper Phase I, a two-paper Phase II, and an interview, with Paper 2 in both phases drawn from the candidate’s specific stream.

SEBI Grade A is highly sought after because it places officers inside the securities market regulator with compensation comparable to RBI Grade B, in a domain — capital markets regulation — with very few equivalent public sector entry routes.

The work sits at the centre of India’s capital markets: framing regulation for listed companies, mutual funds and intermediaries, conducting market surveillance and investigations, and adjudicating enforcement actions. There is no comparable role available through any other recruitment.

Compensation is at the top of the regulatory sector, with a basic pay of ₹44,500 in a scale rising to ₹89,150 and a gross package well above commercial banking. SEBI also offers strong exposure to financial markets that carries considerable value in the wider industry.

• Securities market regulator — a domain with few equivalent entry routes
• Compensation comparable to RBI Grade B
• Six streams including Legal, IT, Engineering and Research
• Deep exposure to capital markets regulation and enforcement

SEBI notifies Grade A recruitment as and when required rather than on a fixed annual calendar.sebi.gov.in — Careers

The most recent SEBI Grade A cycle carried approximately Notified per cycle vacancies.

SEBI Grade A vacancies are small in number and are published separately for each stream, with the General stream carrying the majority. SEBI does not recruit every year, so cycles can be irregular. Confirm the current stream-wise figures in the official advertisement.

Vacancies are notified stream-wise in the official advertisement.sebi.gov.in — Official Advertisement

SEBI Grade A eligibility is stream-specific — the General stream accepts a range of commerce, management, economics and professional qualifications, while Legal requires a law degree, IT an engineering or computer degree, and Research a relevant master’s — with an upper age limit of 30 years.

Educational Qualification

General stream: a bachelor’s degree in Law, or a bachelor’s degree in Engineering, or a Master’s in Business Administration or a two-year post-graduate diploma in management, or a Chartered Accountant, Company Secretary or Cost and Management Accountant qualification, or a master’s in Commerce or Economics — as specified in the advertisement. Legal: a bachelor’s degree in Law. Information Technology: an engineering degree in Electrical, Electronics, Electronics and Communication, Information Technology or Computer Science, or a master’s in Computers or Information Technology, or a graduate with a post-graduate diploma in Computer Science or IT. Engineering: a bachelor’s degree in Civil or Electrical Engineering as applicable. Research: a master’s in Economics, Commerce, Business Administration in Finance, Econometrics or Statistics. Official Language: a master’s degree in Hindi with English at degree level, or equivalent.

• The exact list of acceptable qualifications for the General stream is stated in each advertisement and is broader than candidates often assume.
• Professional qualifications such as CA, CS and CMA are accepted for the General stream alongside academic degrees.
• Candidates must possess the qualification as on the cut-off date stated in the advertisement.

Age Limit

The age limit for SEBI Grade A is 21 to 30 years. The upper age limit is generally 30 years as on the cut-off date specified in the advertisement, with relaxation for reserved categories as per Government of India rules.

Nationality

• A citizen of India, or
• A subject of Nepal or Bhutan, or
• A Tibetan refugee who came to India before 1 January 1962 with the intention of permanently settling in India, or
• A person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries, Vietnam or Ethiopia with the intention of permanently settling in India.

SEBI Grade A runs in three stages — Phase I with two objective papers of 100 marks each, Phase II with a descriptive English paper and a stream-specific paper of 100 marks each, and an interview. Phase I is qualifying and does not count towards the final merit.

1. 1Online application on the SEBI portal, selecting a stream.
2. 2Phase I — two objective papers, qualifying in nature.
3. 3Phase II — descriptive English paper and a stream-specific paper.
4. 4Phase III — personal interview.
5. 5Final merit based on Phase II and the interview; Phase I does not count.
6. 6Document verification and appointment as Assistant Manager.

The SEBI Grade A syllabus combines general aptitude with a securities-market-weighted awareness section in Phase I Paper 1, and stream-specific depth in Paper 2 of both phases, with a descriptive English paper in Phase II.

A SEBI Officer in Grade A starts with a basic pay of ₹44,500 in a scale rising to ₹89,150, giving an approximate gross salary of ₹1,15,000 to ₹1,25,000 per month once dearness allowance, house rent and other allowances are included.

Allowances and Benefits

• Dearness Allowance (DA) — revised periodically
• House Rent Allowance or SEBI accommodation
• Local Allowance and Family Allowance
• Learning Allowance and Grade Allowance
• Medical facilities for the officer and family
• Concessional loans for housing, vehicle and personal needs
• Leave Fare Concession and pension under NPS

The decisive SEBI Grade A strategy is to build securities market depth from the outset, because it is weighted in Phase I Paper 1, dominates the stream papers in both phases, and drives the interview.