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SEBI Grade A

SEBI Grade A — govt recruitment exam (finance), conducted by SEBI.

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Quick facts

Conducting body and post
SEBI (the Securities and Exchange Board of India) recruits Indian citizens as Officer Grade A (Assistant Manager) through stream-specific recruitment exercises.
Latest documented cycle status
The 2025 Grade A cycle is no longer accepting applications: its application window was October 30–November 28, 2025; SEBI published the selected-candidates list on June 23, 2026 and final Phase II/cut-off and selected-candidate information in July 2026. A future notification should be treated as a new cycle with its own dates and rules.
Recruitment streams
The 2025 exercise covered General, Legal, Information Technology, Research, Official Language, Engineering (Electrical), and Engineering (Civil) streams. Vacancies and streams can change in a later notification.
Selection stages
The 2025 process had three stages: Phase I online screening (two papers), Phase II online examination (two papers), and an interview.
Age context
For the 2025 notification, candidates could not be older than 30 on September 30, 2025 (born on or after October 1, 1995), with category-based relaxations under the stated rules. The applicable cut-off date and relaxations must be checked in the next notification.
Application fee context
In the 2025 cycle, the non-refundable charge was ₹1,000 plus 18% GST for Unreserved/OBC/EWS candidates and ₹100 plus 18% GST for SC/ST/PwBD candidates. Fees are cycle-specific and may change.

What SEBI Grade A is for

SEBI Grade A is a competitive recruitment route into SEBI at the Officer Grade A (Assistant Manager) level. SEBI describes itself as the statutory body created to protect investors, promote the development of the securities market, and regulate that market; Grade A recruitment therefore supports work in a financial-market regulator rather than admission to an academic programme.

Work assignments can range across policy formulation, intermediary registration, inspection, supervision, investigation, and adjudication. SEBI states that the work profile also depends on the recruited stream, and that officers may be posted or transferred anywhere in India where SEBI has offices.

  • Choose the stream that matches the qualification requirements in the specific advertisement; the General stream and specialist streams have different Paper 2 content and eligibility rules.
  • Do not assume that a vacancy is annual. Follow SEBI's official Careers/Vacancies pages for a new notice.

Eligibility: check the notification and stream

Eligibility is stream-specific. In the 2025 notification, the General stream accepted a master's degree or two-year postgraduate diploma in any discipline, a law or engineering bachelor's degree, or qualifications such as CA, CFA, CS, or Cost Accountant. Legal required a law bachelor's degree; IT accepted an engineering bachelor's degree in any branch or a bachelor's degree plus a qualifying two-year postgraduate computer science/computer application/IT qualification.

The 2025 notice also set distinct specialist qualifications for Research, Official Language, Electrical Engineering, and Civil Engineering streams. Candidates in final examinations could sit Phases I and II, but candidates who reached the interview had to produce evidence that they had obtained the required qualification. Requirements, age cut-off dates, experience treatment, reservations, and PwBD provisions must be verified against the live advertisement.

For the 2025 cycle, the upper age limit was 30 years as of September 30, 2025, with stated relaxations including up to five years for SC/ST candidates and up to three years for eligible OBC candidates where posts were reserved. This is dated policy context, not a standing guarantee for later cycles.

  • Read the table for the exact stream before applying; a relevant-looking degree alone may not meet the notified wording.
  • Ensure category, disability, and experience documents meet the notification's dates and formats before applying.
  • Use SEBI's official opportunity page only as a high-level guide; the advertisement for the open cycle controls.

Exam format: 2025 cycle reference

In the 2025 notification, Phase I was an online screening examination with two 100-mark multiple-choice papers. Paper 1, common to all streams, covered General Awareness including the financial sector, English Language, Quantitative Aptitude, and Reasoning. Paper 2 tested General-stream subjects—Commerce, Accountancy, Management, Finance, Costing, Companies Act, and Economics—or the relevant specialist subject for the other streams.

The 2025 Phase I timing was 60 minutes for Paper 1 and 40 minutes for Paper 2. It prescribed a 30% Paper 1 minimum, a 40% Paper 2 minimum, and a 40% aggregate threshold; one-quarter negative marking applied to both papers. Phase I marks were used for shortlisting rather than final selection.

For Phase II in 2025, Paper 1 was a 100-mark, 60-minute descriptive English test for drafting skills, weighted one-third; Paper 2 was 100 marks and generally weighted two-thirds, with a 40% minimum. The Phase II aggregate threshold was 50%, and the notice provided that up to three times the vacancies would be shortlisted by merit for interview. In final selection, Phase II carried 85% and the interview 15%; the notice also specified limited experience weightage for certain streams. SEBI may modify procedures, so this should be used as a preparation baseline rather than a promise of the next format.

  • All question papers except the English test were set bilingually in Hindi and English in the 2025 notice.
  • Download the current Phase I and Phase II information handouts when SEBI publishes them; they provide candidate-facing test instructions in addition to the advertisement.

How to apply when the next notification opens

For the 2025 exercise, SEBI directed applicants to its website, then Careers, then the Grade A recruitment notification, and then the “Apply Online” option. Registration generated a provisional registration number and password, after which candidates completed, checked, submitted, and paid for the application online. The 2025 application period has passed, so prospective applicants should wait for an official future notice rather than use third-party application links.

The 2025 notice required a valid personal email address and mobile number to remain active through the recruitment process. It also required specified uploads, including photograph, signature, left-thumb impression, and handwriting declaration; unclear or incorrectly uploaded images could lead to rejection. Candidates were advised to print the system-generated application after registration.

  • Begin from SEBI's official Careers page and confirm the notice title, dates, stream, and application link.
  • Keep the registration credentials, submitted application, payment proof, and call-letter notices securely available.
  • Check fee, document dimensions, identity-proof rules, examination-centre choices, and accommodation provisions in the live notice, because these can change.

Preparation plan aligned to the notified structure

Start with the official advertisement's annexure and the relevant stream syllabus. For the 2025 General stream, this means preparing the Phase I/II Paper 2 domains of Commerce, Accountancy, Management, Finance, Costing, Companies Act, and Economics; for specialist streams, prioritize the notified technical syllabus. Pair this with timed practice for Phase I Paper 1's financial-sector awareness, English, quantitative aptitude, and reasoning.

Treat Phase II English as a separate skill: the 2025 notice made it a descriptive test of drafting skills, with one-third Phase II weight. Practise concise, structured English answers under the prescribed time limit while also practising stream Paper 2 in the specified format. Because wrong answers incurred one-quarter negative marking on Phase I papers and Phase II Paper 2 MCQs in 2025, incorporate accuracy review rather than relying only on attempt volume.

Use the official information handouts for the cycle to understand online-test procedures and accessibility arrangements. Recheck the next recruitment notice before locking a study plan because SEBI reserves the right to modify the selection procedure.

  • Build two tracks: common aptitude/financial awareness and stream Paper 2.
  • Schedule full timed sets matching the 2025 reference durations: 60 plus 40 minutes in Phase I; 60 minutes plus the notified Paper 2 duration in Phase II.
  • After each mock, classify errors as concept, calculation, interpretation, time management, or avoidable negative-marking errors.

What selection leads to

Successful candidates are recruited as Officer Grade A (Assistant Manager) and, under the 2025 notice, undergo a two-year probation subject to satisfactory performance. SEBI stated that selected officers could be posted and transferred to any location in India where it has offices and could be assigned to any department irrespective of recruitment stream.

Career progression at SEBI runs from Grade A (Assistant Manager) through Grade F (Chief General Manager), according to SEBI's careers information. Promotion eligibility is linked to stipulated service in grade, but progression rules and vacancies remain subject to SEBI policy.

Pay is variable and should be read as dated context only. The 2025 notice stated a Grade A pay scale of ₹62,500–₹126,100 over 17 years and estimated gross monthly emoluments at Mumbai at approximately ₹1.84 lakh without accommodation or ₹1.43 lakh with accommodation at the minimum of the scale, inclusive of listed allowances and SEBI's NPS contribution. A later notice or appointment terms may differ.

  • The 2025 selection list was published on June 23, 2026; SEBI subsequently published Phase II/cut-off and selected-candidate data in July 2026.
  • Selection remains subject to meeting the notified eligibility and verification requirements.

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