SEBI Grade A (Assistant Manager) Complete Syllabus 2020-21 – Download Here

---

Awareness about Securities Market

Securities Markets -

• Indian Financial System: Introduction, Structure, Financial Administration, Finance Commission, Expenditures of the Government, Receipts of the Government.
• International Capital Markets: Guidelines, Instruments, Foreign Investment in India and its Regulations.
• Capital Markets: Instruments, Legal Issues and Regulations, Primary Market, Secondary Market, Brokers, Stock Exchanges, Trading in Stock Exchanges, Stock Index, Depositories, Forward Trading, Regulations
• Bond Market: Money Market, Bond Valuation, Corporate Bond Market, Duration, G.Sec Market, Sensitivity, Risk
• Foreign Exchange Market: FEMA, Exchange Control in India, Exchange Control, Foreign Exchange Transactions of Commercial Banks in India, Currency Forwards, Currency Convertibility, Futures and Options, Fixation of Exchange Rate, Relationship Between Money Market, Trading in Foreign Exchange Market and Foreign Exchange Market.
• Commodity Market, Commodity Trading and Exchanges

Securities Law

• Historical Background of securities law
• Basic concepts related to securities law, like public offer and securities, capital
• SEBI as a Market regulator, Quasi-legislative powers, Powers and Functions of SEBI, executive powers and quasi-judicial powers
• NSDL AND CSDL (Rights and duties of Depository),  Issuer and beneficiary, Depository Participant
• Public Offer requirements
• Mergers Amalgamation and takeovers, Substantial Acquisitions, Exemptions by law, Types and legal processes during the takeover, Exemption BY SEBI
• Relationship between company law and securities law
• Meaning and Type of securities, Corporatization, Securities Contract, Dematerialisation and Rematerlisation, Regulating the intermediaries and Stock exchanges, Demutualization and regulation of stock exchange, Listing Agreement
• Prohibition of Insider Trading, Unfair Trade Practices in the securities market, Securities Market offences
• Public offer and disclosure requirements
• Role of Courts in enforcing securities regulations
• Role of SEBI as a Regulator
• SEBI ICDR Regulations
• Unpublished Price Sensitive Information (UPSI), Insider as the person having access to UPSI, Insider as a connected person, Trading on the basis of UPSI
• Securities Appellate Tribunal

SEBI Assistant Manager Phase II - Paper-I

Securities Markets (General Stream)

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

SEBI Assistant Manager Phase-II - Paper-II

English (Writing Skills)

Paper-II is designed to assess the writing skills of the candidates.

SEBI Assistant Manager Phase-II – Paper-III

Finance and Management -

Finance -

1. Financial System:

• SEBI – functions and role
• Money Market, Capital Market
• Prevention of Money Laundering
• Reserve Bank of India (RBI) - functions and conduct of monetary policy, Financial Institutions – NABARD, SIDBI, EXIM, NHB, Banking System in India, etc.
• Know Your Client Framework

1. Financial Markets:

Primary and Secondary Markets (Money, Bond, Equity, Forex, etc.), functions, recent developments, instruments

General Topics:

• Basics of Derivatives: Futures, Forward and Swap
• Alternate source of finance, Public-Private Partnership, private and social cost-benefit
• Changing Landscape of Financial sectors
• Recent Developments in the Financial Sector, Public Sector Reforms, Portfolio Investment, Disinvestments
• Risk Management in the Financial Sector
• Corporate Governance in the Financial Sector, the role of e-governance in addressing the issues of corruption and inefficiency in the government sector
• Financial Inclusion- use of technology
• Inflation: Definition, consequences, trends, estimates, remedies (control): WPI, CPI – components and trends.
• The Union Budget: Direct and Indirect taxes; GST, Thirteenth Finance Commission and GST, Non-tax sources of Revenue, Finance Commission, Fiscal Responsibility, Fiscal Policy and Budget Management Act (FRBM)

Management -

• Management: its nature and scope; The Role of a Manager in an Organization; The Management Processes; Planning, Organization, Staffing, Directing and controlling.
• Mechanisms of Corporate Governance; Corporate Governance: Factors affecting Corporate Governance.
• Human Resource Development: Concept of HRD; Motivation, Morale and Incentives: Theories of Motivation; How Managers Motivate; Goals of HRD; Concept of Morale; Factors determining morale; Role of Incentives in Building up Morale. Performance Appraisal, Feedback and Performance Counselling, Potential appraisal and development, Career Planning, Rewards, Training and Development, Employee Welfare.
• Leadership Theories; Leadership: The Tasks of a Leader; A successful Leader versus an effective Leader; Leadership Styles.
• Role of Information Technology; Communication: Steps in the Communication Process; Communication Channels; Verbal versus non-verbal Communication; Oral versus Written Communication; upward, downward and lateral communication; Barriers to Communication.

Economic & Social Issues -

Growth and Development -

• Economic Reforms in India
• Privatization
• The Measurement of growth: National Income & per capita income
• International Economic Institutions – IMF and World Bank
• Monetary and Fiscal Policy
• Role of Economic Planning. Globalization
• Opening up of the Indian Economy
• Regional Economic Co-operation
• Balance of Payments, Export-Import Policy
• Sustainable Development and Environmental issues.
• Poverty Alleviation and Employment Generation in India
• Industrial and Labour Policy
• WTO

Social Structure in India -

• Social Sectors in India, Health and Education.
• Demographic Trends
• Social Justice: Positive Discrimination in the favour of the underprivileged
• Human Development
• Indian Political System
• Gender Issues
• Urbanization and Migration
• Multiculturalism
• Social Movements

SEBI Grade A 2020-21 Exam Pattern:

The selection of Assistant Manager for SEBI will be done through the following phases –

• Phase I – CBT exam
• Phase II – Computer-based test consisting of 3 papers
• Interview

Phase I – Online Exam

Phase-II – Online Exam (3 Papers)

SEBI Grade A Interview -

To reach the Interview round, the candidates need to qualify both the earlier phases – Phase I and II. After the Phase II exam is over, the Authority will release the shortlisted candidates’ list on the official website of SEBI – www.sebi.gov.in. 15% weightage would be given to the Interview marks, while the written test of Phase II will be given 85% weightage.

SEBI Grade A 2020-21 Important Dates: