SEBI has released notification for recruitment of candidates to Grade A post. You can download Notification from this link. In this article, we have provided complete syllabus and exam pattern of SEBI Grade A 2025. You can download PDF of syllabus and exam pattern via link given below.
| SEBI Grade A Syllabus and Exam Pattern 2025 | |
| Exam Conducting Body | Securities and Exchange Board of India | 
| Exam Name | SEBI Grade A 2025 | 
| Mode of Exam | Online | 
| Marking Scheme | 1 Mark for each correct answer | 
| Negative Marking | ¼th mark | 
| Selection Process | Phase-I Online Examination (200 Marks) Phase-II Online Examination (200 Marks) Phase-III Interview Round | 
| Notification PDF | Click here | 
SEBI Grade A Selection Process
The selection of the candidate for SEBI Grade A will be done through 2 online examinations (Phase 1 and Phase 2) followed by an interview round. Phase-1 is a screening test and the marks scored in this stage will not be considered for final selection. The final merit list for SEBI Grade A 2025 will be prepared based on marks scored in mains & interview round.
SEBI Grade A Phase 1 Exam Pattern
- It has two papers – each paper carries one hundred (100) marks.
- Paper 1 will consist of 60 minutes (1 hours) duration and the same for all the streams.
- Paper 2 will consist of Multiple-Choice Questions, the duration of each section is 40 minutes.
- The Aggregate Cut-off to be scored is 40%.
- There shall be a negative marking of ¼th mark for both Paper 1 & 2.
| SEBI Grade A Phase 1 Exam Pattern 2025 | ||||
| Papers | Streams | Subjects | Maximum Marks | Duration | 
| Paper 1 | All Streams | 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 | 
| Paper 2 | General Stream | Multiple choice questions on subjects Commerce, Accountancy, Management, Finance, Costing, Companies Act and Economics. | 100 | 40 minutes | 
| Legal, Information Technology & Official Language stream | Multiple choice questions on Specialized subjects related to the stream. | 100 | 40 minutes | |
| Research Stream | Multiple-choice questions on subjects of Economics, Econometrics, Statistics, Finance and Commerce | 100 | 40 minutes | |
SEBI Grade A Phase 2 Exam Pattern
1. It has two papers each of 100 marks in total.
2. Paper-1 will be descriptive in nature and time duration for paper 1 is 60 minutes (1 hour).
3. Paper-2 will be Multiple-Choice Questions and each section shall be of 40 minutes.
4. The Aggregate Cut-off to be scored is 50%.
5. There will be negative marking of ¼ for the paper 2 in phase II.
| SEBI Grade A Exam Pattern 2025- Phase 2 | ||||
| Papers | Streams | Subjects | Maximum Marks | Duration | 
| Paper 1 | All Streams | English (Descriptive Test) to test the drafting skills | 100 | 60 minutes | 
| Paper 2 | General Stream | Multiple choice questions on subjects Commerce, Accountancy, Management, Finance, Costing, Companies Act and Economics. | 100 | 40 minutes | 
| Legal & Official Language stream | Multiple choice questions on Specialized subject related to stream | 100 | 40 minutes | |
| Research Stream | Multiple choice questions on subjects Economics, Econometrics, Statistics, Finance and Commerce. | 100 | 40 minutes | |
| Information Technology | Coding Test (Languages: C++/JAVA/Python) | 100 | 180 minutes | |
SEBI Grade A Syllabus 2025 for Phase 1
Paper-1 will have four sections: English Language, Reasoning Ability, Numerical Ability and Knowledge of Current Events and Financial awareness. Go through the topics to be covered for SEBI Grade A Syllabus for Phase-1 as mentioned below.
English Language
The English Language section for SEBI Grade A Phase-1 includes topics like Error Spotting, Column based Fillers and Sentence Connectors, Paragraph Completion, Sentence Rearrangement, Comprehension, Fill in the Blanks, Passages, Synonyms and Antonyms, Active and Passive Voice, Direct and Indirect Speech, Idioms & Phrases etc.
- Error Spotting
- Column based Fillers and Sentence Connectors
- Paragraph Completion
- Sentence Rearrangement
- Comprehension
- Fill in the Blanks
- Passages
- Synonyms and Antonyms
- Active and Passive Voice
- Direct and Indirect Speech
- Idioms & Phrases etc.
Reasoning Ability
- Puzzles
- Seating Arrangements
- Direction Sense
- Blood Relations
- Syllogisms
- Inequalities
- Order and Ranking
- Coding-Decoding
- Machine Input-Output
- Alpha-Numeric-Symbol Series
- Data Sufficiency
- Number System and Conversions
- Logical Reasoning etc.
Quantitative Aptitude
- Data Interpretation
- Inequalities
- Number Series
- Approximation and Simplification
- Data Sufficiency
- HCF and LCM
- Inequality (Quadratic & Quantity based)
- Profit and Loss
- Time and work & Pipe and cistern
- Permutation, Combination & Probability
- Problem on Ages
- Work and Time
- Speed Distance and Time
- Mensuration
- Average, Ratio and Proportion, etc.
General Awareness
- Current Affairs
- Financial 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
SEBI Grade A Latest Syllabus 2025 – Subject wise
SEBI Grade A Syllabus for Commerce & Accountancy
- Accounting as a financial information system
- Accounting Standards with specific reference to Accounting for Depreciation, Inventories, Revenue Recognition, Fixed Assets, Foreign Exchange Transactions, Investments
- Cash Flow Statement, Fund flow statement, Financial statement analysis; Ratio analysis
- Accounting for Share Capital Transactions including Bonus Shares, Right Shares
- Employees Stock Option and Buy-Back of Securities
- Preparation and Presentation of Company Final Accounts
SEBI Grade A Syllabus for 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
- 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
SEBI Grade A Syllabus for Finance
Financial System:- Role and Functions of Regulatory bodies in the Financial Sector.
Financial Markets:- Primary and Secondary Markets (Forex, Money, Bond, Equity, etc.), functions, instruments, recent developments.
General topics:-
- Basics of Derivatives: Forward, Futures, and Swap
- Recent Developments in the Financial Sector
- Financial Inclusion- use of technology
- Alternate source of finance, private and social cost-benefit, Public-Private Partnership
- Direct and Indirect taxes;-Non-tax sources of Revenue, 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
SEBI Grade A Syllabus for Costing
- Overview of Cost and Management Accounting- Introduction to Cost and Management Accounting, Objectives and Scope of Cost and Management Accounting.
- Methods of Costing- Single Output/ Unit Costing, Job Costing, Batch Costing, Contract Costing, Process/ Operation Costing, Costing of Service Sectors.
- Basics of Cost Control and Analysis- (a) Standard Costing, (b) Marginal Costing, (c) Budget, and Budgetary Control.
SEBI Grade A Syllabus for Companies Act
- The Companies Act, 2013- Specific reference to Chapter III, Chapter IV, Chapter VIII, Chapter X, Chapter XI, Chapter XII, and Chapter XXVII.
SEBI Grade A Syllabus for Economics
- Demand and Supply, Market Structures, National Income:-Concepts and Measurement, Classical Vs Keynesian Approach Determination of output and employment, Consumption Function, Investment Function, Multiplier and Accelerator, Demand and Supply for Money, IS-LM, Inflation and Phillips Curve, Business Cycles
- Balance of Payments, Foreign Exchange Markets, Inflation, Monetary and Fiscal Policy, Non-banking Financial Institutions
SEBI Grade A Syllabus Stream Wise
The syllabus for each of the specialized streams – Legal, Information Technology, Engineering: Civil Engineering, Electrical Engineering, Research Streams, Official Language Stream is given below. Choose the stream you have applied for and begin with your preparation.
SEBI Grade A Syllabus for Legal Stream
The candidates preparing for SEBI Grade A in Legal Stream must know the complete Phase-I & Phase-II Syllabus that has been mentioned below-
| Phase I | Phase II | 
| Constitution of India Law of Contracts Criminal Law Law of Evidence Code of Civil Procedure Administrative Law and Principles of Natural Justice Jurisprudence and Interpretation of Statutes Important Latin terms and maxims Law of Torts and Consumer Protection Act Arbitration and Conciliation Act Transfer of Property Act Companies Act, 2013 Securities Laws – SEBI Act | Constitution of India Law of Contracts Criminal Law Law of Evidence Code of Civil Procedure Administrative Law and Principles of Natural Justice Jurisprudence and Interpretation of Statutes Important Latin terms and maxims Law of Torts and Consumer Protection Act Arbitration and Conciliation Act Transfer of Property Act,1882 Corporate Law- Companies Act, 2013, Ltd. Liability Partnership Act 2008, Insolvency & Bankruptcy code Securities Laws – SEBI Act Taxation | 
SEBI Grade A Syllabus for Information Technology
Phase 1 IT Stream
- Database Concepts
- SQL Queries
- Programming Concepts (Java/C C++ )
- Data Analytics Languages (Python / R)
- Algorithms for problem-solving
- Networking Concepts
- Information & Cyber Security Concepts
- Data warehousing
- Shell Programming
Phase 2 IT Stream
| Topic | Concept | Language to test concepts | Weightage | 
| Algorithms | Sorting, Searching, Greedy Algorithms, Dynamic Programming, Backtracking, Divide and Conquer, Pattern Searching | C++/JAVA/Python | 40 | 
| Data Structure | Array, Linked List, Stack, Queue, Binary Tree, Indexing, Binary Search Tree, Heap, Hashing, Matrix | C++/JAVA/Python | 40 | 
| String Manipulation | Length, Substring, Regex, Search | C++/JAVA/Python | 20 | 
| Total | 100 | ||
SEBI Grade A Syllabus for Research Stream
Economics:
- Demand and Supply
- Market Structures
- National Income
- Determination of output and employment
- Investment Function
- Multiplier and Accelerator
- Demand and Supply for Money
- IS-LM, Inflation and Phillips Curve
- Business Cycles
- Inflation
- Monetary and Fiscal Policy
- Non-banking Financial Institutions
Public Economics:
- Public Goods
- Tax & Non-Tax Revenue
- Direct & Indirect Taxes
- Progressive and Non-Progressive Taxation
- Incidence and Effects of Taxation
- Public expenditure
- Public Debt
- Public Budget
- Budget Multiplier
Statistics and Econometrics:
- Measures of Central tendency & dispersions
- Correlation
- Sampling methods
- Sampling Distribution
- Statistical Inferences
- Hypothesis testing
- Regression Analysis
International Economics:
- Balance of Payments
- Foreign Exchange Markets
- Role of International Financial Institutions: BIS, IOSCO, IMF & World Bank
Financial Markets:
- Asymmetric Information
- Market Model
- Market Efficiency
- Primary Market
- Secondary Market
- Commodity Markets
- Mutual Funds
- Stock Exchanges
- Depositories
- Clearing Corporations
- Credit Rating Agencies
- Corporate Debt Market
- Forwards, Futures, Options, Hedging,
- Speculation and Arbitrage
SEBI Grade A Syllabus for Official Language
The SEBI Grade A Syllabus for the Official Language has been listed below.
- भारत सरकार की राजभाषा नीति से सम्बंधित प्रश्न (Official Language Policy of the Govt. of India)
- हिन्दी से अंग्रेजी अनुवाद [शब्द / वाक्यांश/ वाक्य / Terms / Phrases / Sentences]
- अंग्रेजी से तिन्दी अनुवाद [शब्द / वाक्यांश / वाक्य / Terms / Phrases / Sentences]
- हिन्दी से अंग्रेजी – विधिक शब्दावली (Legal Terminology)
- अंग्रेजी से हिन्दी – विधिक शब्दावली (Legal Terminology)
- हिन्दी से अंग्रेजी – प्रशासनिक/ बैंकिंग/ पूंजी बाज़ार संबंधी शब्दावली (Administrative / Banking / Capital Market Terminology)
- अंग्रेजी से हिन्दी – प्रशासनिक/ बैंकिंग/ पूंजी बाज़ार संबंधी शब्दावली (Administrative / Banking / Capital Market Terminology)
