The Securities and Exchange Board of India (SEBI) has recently unveiled the SEBI Grade A Legal Notification 2023, inviting aspiring candidates to apply for 25 vacancies. This eagerly awaited recruitment announcement was officially disclosed on June 22, 2023, and can be accessed on the SEBI website at www.sebi.gov.in. Interested individuals who possess the requisite qualifications and harbor a strong inclination to work as financial market regulators are now granted the opportunity to commence the online application process for SEBI Grade A legal 2023.
For all prospective applicants, it is of utmost importance to thoroughly acquaint themselves with the specified qualifications, exam pattern, and additional details stipulated in the SEBI Grade A Notification. This blog serves as a comprehensive guide, providing vital information that potential candidates need to know before proceeding with their application.
We have thoroughly compiled and presented the essential details of the SEBI Grade A Legal Notification 2023 to assist aspiring applicants.
SEBI Grade A Legal 2023 Notification
SEBI has recently released the much-awaited SEBI Grade A Notification 2023 for the position of Assistant Manager in the legal domain. This is an excellent opportunity for candidates who hold a degree in law.
The SEBI Grade A Legal Notification 2023 provides crucial information regarding the SEBI Legal exam pattern, SEBI Grade A Legal syllabus, available vacancies, salary details, and the probationary period associated with the role. It serves as a comprehensive guide for all interested candidates, guiding them with the necessary information to proceed with their application process.
This notification is an essential resource that ensures transparency and professionalism throughout the recruitment process. SEBI aims to attract talented individuals who possess a strong legal background and are passionate about contributing to the financial market regulatory landscape.
Interested candidates are encouraged to thoroughly review the SEBI Grade A Legal Notification 2023 here.
SEBI Grade A 2023 Overview
Take a brief overview of SEBI Grade A notification 2023 below
| SEBI GRADE A NOTIFICATION 2023 OVERVIEW | |
| Organization | Securities And Exchange Board of India |
| Exam Name | SEBI Grade A Legal, 2023 |
| Post | Grade A |
| Vacancy | 25 |
| Category | Regulatory Body- Financial Markets |
| Online Registration | June 22, 2023 to July 09 2023 |
| Language Of Exam | English and Hindi |
| Process of Selection | Phase 1, Phase 2 &Interview |
| Mode Of Application | Online |
| Official Website | www.sebi.gov.in |
SEBI Grade A Notification 2023 Important Dates To Bookmark
It is crucial for applicants to keep track of the important dates mentioned in the SEBI Grade A Law Officer Notification 2023 to ensure a smooth and organized application process. By bookmarking these dates, candidates can stay well-informed and avoid missing any crucial deadlines. The notification specifies key dates such as the starting and closing dates for online applications, the release of admit cards, the date of the examination, and other significant events related to the recruitment process are mentioned below.
| SEBI Grade A Recruitment 2023: Important Dates | |
| Event | Dates |
| SEBI Grade A Recruitment 2023 Notification Release Date | June 22, 2023 |
| SEBI Grade A Apply Online Start Date | June 22, 2023 |
| SEBI Grade A Last Date To Apply | July 09, 2023 |
| SEBI Phase 1 Online Exam Date | August 05, 2023 |
| SEBI Phase 2 Online Exam Date | September 09, 2023 |
SEBI Grade A 2023: Vacancy
The SEBI Grade A Legal 2023 notification has announced an exciting opportunity for aspiring candidates, as it announces 25 vacancies for Assistant Manager positions in the Legal stream. These vacancies present a promising chance for individuals looking to pursue a career as financial market regulators with the prestigious Securities and Exchange Board of India (SEBI). The category-wise break up of SEBI Law Officer vacancies 2023 is listed below.
| SEBI Grade A Notification 2023: Vacancy | ||||||
| Stream | GEN | OBC | SC | ST | EWS | Total |
| Legal | 11 | 7 | 3 | 2 | 2 | 25 |
SEBI Grade A Notification 2023: Eligibility
To apply for the SEBI Grade A 2023 recruitment, candidates must meet the eligibility criteria as specified in the notification. The eligibility requirements include educational qualifications, age limits, and relevant work experience. As per the notification, candidates must possess a minimum educational qualification of a Bachelor’s Degree in Law from a recognized university or institute.
SEBI Grade A 2023 Age Limit
According to the age limit specified in the SEBI Grade A Notification 2023, applicants should not have surpassed 30 years of age as of May 31, 2023. In other words, candidates must have been born on or after June 01, 1993, to meet the age eligibility criteria. It is important for candidates to be aware of this age restriction and ensure that they fulfill the requirement before proceeding with their application for SEBI Grade A 2023.
SEBI Grade A 2023: Qualification & Experience
In SEBI Grade A 2023 notification pdf qualification and experience requirements are clearly mentioned. Here are the details.
| Qualification | Description |
| Mandatory Educational Qualification | Bachelor’s Degree in Law from a recognized University/Institute |
| Desirable Experience | Two years post-qualification experience as an Advocate (including as an associate in an Advocate’s or Solicitor’s Office or Law firm) after being enrolled under the Advocates Act, 1961 (25 of 1961). |
SEBI Grade A 2023: Application Fees
Here are the detailed structure of SEBI Grade A 2023 application fees structure
| Category of Applicant | Amount of Fee |
| Unreserved/OBC/EWSs | ₹1000/- as application fee cum intimation charges + 18% GST |
| SC/ ST/ PwBD | ₹100/- as intimation charges + 18% GST |
Note: The amount of fees is non refundable
SEBI Grade A 2023: Salary And Perks
The SEBI Grade A 2023 offers an attractive pay scale for officers in Grade A, which ranges from 44,500 INR to 89,150 INR over a span of 17 years. This pay scale includes periodic increments of 2,500 INR and 2,850 INR, ensuring growth in salary over time
Benefits: The salary structure for SEBI Grade A legal officers is competitive and includes basic pay, dearness allowance, house rent allowance, and other allowances as per the rules and regulations of the organization. Along with the salary, employees also enjoy various benefits such as medical facilities, provident fund, gratuity, leave travel concession, and insurance coverage.
At the minimum of this pay scale, officers stationed in Mumbai can expect a gross emolument of approximately 1,49,500 INR per month without accommodation and 1,11,000 INR per month with accommodation. These salary benefits make the SEBI Grade A position highly rewarding and financially lucrative for successful candidates.
SEBI Law Officer Exam 2023: Exam Pattern
The SEBI (Securities and Exchange Board of India) Grade A exam in 2023 is designed to select candidates for the prestigious position of Assistant Manager in various departments of SEBI. To ensure a comprehensive evaluation of candidates’ knowledge, skills, and aptitude, the examination follows a three-phase pattern, encompassing the Online Test (Phase 1), two papers (Phase 2), and an Interview (Phase 3).
Below is the SEBI Grade A exam pattern in detail.
Phase 1 Online Examination
The Phase 1 Online Examination is an important initial stage of the SEBI Grade A selection process. It serves as a screening test to shortlist candidates for the subsequent phases. This online examination evaluates candidates’ knowledge and aptitude in various subjects such as General Awareness, English Language, Quantitative Aptitude, Reasoning Ability, and Legal Awareness/Financial Awareness. Take a look at the table below to get an idea of the SEBI Legal Phase 1 exam pattern.
| Paper | Stream / Subject | Minimum Marks | Duration | Cut off |
| Paper 1 | Multiple choice questions on the subjects viz. General Awareness (including some questions related to Financial Sector of easy to moderate difficulty level), English Language, Quantitative Aptitude and Test of Reasoning. | 100 | 60 mins | 30% |
| Paper 2 | Multiple choice questions on Specialized subject related to stream. | 100 | 40 mins | 40% |
| Aggregate cut off | 40% |
Phase 2 online examination
The SEBI Grade A legal Phase 2 Online Examination is a crucial stage of the selection process. Only candidates who have successfully cleared Phase 1 are eligible to appear for this examination. The Phase 2 online examination assesses candidates’ knowledge, comprehension, application, and analysis abilities in various areas related to the legal field.
| Paper | Stream / Subject | Minimum Marks | Duration | Cut off | Weightage |
| Paper 1 | English (Descriptive Test) to test the drafting skills | 100 | 60 mins | 30% | 1/3rd |
| Paper 2 | 70 Multiple choice questions of one mark each on Specialized subject related to stream | 100 | 120 mins | 40% | 2/3rd |
| 3 Descriptive Questions of 10 marks each on Specialized subject related to stream (Answers to be typed with the help of the keyboard, Candidates opting to type the answers in Hindi, may type with the help of either: (i) Inscript or (ii) Remington (GAIL) keyboards layout) | |||||
| Aggregate cut off | 50% |
Interview
Only candidates who have been shortlisted for Phase 2 will be invited for the SEBI Grade A Legal Interview. Please note that the application fee will not be refunded to candidates who are not selected for Phase 2 and the Interview process. During the interview, candidates have the option to choose either Hindi or English as the medium of communication.
The marks obtained in Phase 2 will carry a weightage of 85%, while the Interview marks will have a weightage of 15%. However, candidates with relevant post qualification experience, as specified, will receive due consideration with a maximum weightage of 1.5 marks (10% of 15).
| Particulars | Weightage of Marks | Max Marks |
| Interview | 90% | 13.5 |
| Relevant Post Qualification Experience | 10% | 1.5 |
| Total | 100% | 15 |
SEBI Grade A: Two Best Ways To Prepare
When preparing for the SEBI Grade A exam, there are two effective strategies that candidates can employ to enhance their preparation:
- SEBI Previous Year Question Papers: Referring to SEBI Grade A previous year question papers is an excellent way to familiarize oneself with the exam pattern, question format, and the level of difficulty. By studying and analyzing previous year papers, candidates can identify the recurring topics, understand the distribution of marks, and gain insights into the important concepts and areas to focus on. Solving these papers under exam-like conditions also helps in improving time management and building confidence.
- SEBI Mock Tests: Taking SEBI Legal mock tests specifically designed for the SEBI Grade A exam is another highly beneficial approach. Mock tests simulate the actual exam environment and provide candidates with an opportunity to assess their knowledge, identify areas of strengths and weaknesses, and improve their test-taking skills. Mock tests help candidates in getting accustomed to the time constraints and pressure of the actual exam, enabling them to enhance their speed and accuracy.
Conclusion
Preparing for the SEBI Law Officer exam 2023 requires a well-rounded and systematic approach. This SEBI Grade A Legal notification guide will indeed help you a lot. To further aid your SEBI Grade A preparation journey, consider exploring the comprehensive study materials, SEBI Grade A Legal online courses, and mock test series offered by ixamBee.
Start your preparation today and give yourself the best chance to succeed in the SEBI Grade A exam! Best of luck!!