The SEBI Grade A exam consists of 3 phases. These are listed below:
- Phase I (on-line mode, qualifying examination for 200 marks)
- Phase II (on-line mode examination consisting of three papers of 100 marks each – total 300 marks)
- Phase III (Interview)
Take an elaborated look at the structure of every exam stage and what the syllabus to be prepared for each stage entails here –
SEBI Grade A Phase I Exam
Pattern
Duration: 2 hours
Mode: Online
Date: 17th November 2018
Candidates have to secure at least 40% cut-off marks in each test separately.
Candidates 10 times the declared vacancies shall be shortlisted for Phase II.
Syllabus
Only the syllabus for ‘Awareness about Securities Market’ test of Phase I has been provided by SEBI
| I. Securities Market |
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| Topic | Sub-sections |
| Indian Financial System |
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| Capital markets |
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| Bond Market |
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| Foreign Exchange Market |
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| Commodity Market |
Commodity trading and exchanges
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| International Capital Markets |
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| II. 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 | |
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SEBI as a Market regulator, Powers and Functions of SEBI, Quasi legislative powers, executive powers and quasi-judicial powers
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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
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Rights and duties of Depository (NSDL AND CSDL) , Depository Participant, Issuer and beneficiary
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Unpublished Price Sensitive Information(UPSI) , Insider as connected person, Insider as the person having access to UPSI, Trading on the basis of UPSI
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Mergers Amalgamation and takeovers, Types and legal processes during takeover, Substantial
Acquisitions, Exemptions by law, Exemption BY SEBI
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Public offer and disclosure requirements
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Unfair Trade Practices in the securities market, Securities Market offences, Prohibition of Insider Trading
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SEBI ICDR Regulations
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| Public Offer requirements | |
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Role of SEBI as a Regulator
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Securities Appellate Tribunal
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Role of Courts in enforcing securities regulations
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SEBI Grade A Phase II Exam
Pattern
Date: 16th December 2018
The SEBI Grade A 2018 exam has 3 papers each for 100 marks. Each stream will be tested on different papers except the Paper-II of Phase II, which is the English writing skills paper. Below is the format for Phase II:
Candidates 3 times the number of declared vacancies shall be shortlisted for the Interview.
To know the syllabus for every paper mentioned above, candidates are advised to refer to the Annexure of the official detailed advertisement released be SEBI.
| SEBI Detailed Advertisement mentions the syllabus for every paper in the Annexure section | SEBI Grade A Detailed Advertisement |