SEBI Grade A Syllabus 2026 for Phase 01, Phase 02 & Interview

SEBI (Securities and Exchange Board of India) is well known for its regulatory functions focusing on overseeing India’s securities & commodities markets, and its annually conducted Grade A examination. 

A high number of applicants makes the SEBI Grade A exam competitive, which requires you to move strategically. And one of the most important pillars of the SEBI Grade A exam strategy is understanding the syllabus carefully. 

Since the syllabus is vast and has different subjects & topics, it is necessary to have a well-planned approach before starting everything at once.  

Understanding the syllabus gives you insight into the exam’s nature and helps you identify the key topics that need to be covered across all stages of the exam journey. 

Below you will find every single important information about the SEBI Grade A syllabus, such as structure, subjects along with topics, tips and more. 

What is the SEBI Grade A Syllabus 2026?

It is important to know well about the syllabus for effective exam preparation. A proper understanding of the syllabus gives you insight into the exam’s nature and helps you identify the key topics that need to be covered. 

• Getting familiar with the exam syllabus shall also help you in the selection of appropriate books and study material that cover the topics that are asked in exam.   
• Since the SEBI Grade A syllabus includes dynamic questions, especially related to current affairs, understanding the syllabus will help you know exactly what to focus on for this section. 

Now, let’s take a look at the latest SEBI Grade A 2026 syllabus, with a detailed breakdown for Phase 01, Phase 02 & Interview below:

What is the SEBI Grade A Phase 1 (Paper 1) syllabus?

The SEBI Grade A Syllabus for Paper 1 of Phase 1 comprises four subjects: 

• General Awareness
• English Language
• Quantitative Aptitude
• Reasoning Ability 

It is important for you to know that for Paper 1, you are required to score a minimum 30% marks in total to clear this level and no provision of section – wise cutoff is given for the paper. 

You can visit here to learn more about SEBI cut-offs to have more clarity on the requirements.

This shall help you to prioritize the subjects and cover them accordingly. In the table below, I have mentioned the major topics from each of the four subjects and these are as follows: 

To give you a broad understanding about the key dates of the recently culminated SEBI Grade A 2026 exam, you can check the important dates of the SEBI Grade A exams 2026, here.

SEBI Grade A Phase 2 (Paper 1) Syllabus  – English Skills

The English Descriptive is the only subject in Paper 1 of Phase 2. This test is designed to test your writing skills  including expression and understanding of the topic.

Questions are asked in this section related to:

i) Precis

ii) Essays

iii) Comprehension

If you are looking for study material for SEBI Grade A subjects, click here for free study material to begin your preparation without wasting more time.  

SEBI Grade A Phase 1 & 2 (Paper 2) Syllabus

Paper 2 Syllabus from both Phase 1 and 2 of SEBI Grade A has 6 different sections. All these sections are recently introduced and are equally important.

So let’s not waste any further time and dive deep into this part of the blog.

These are the 6 sections in SEBI Grade A Phase 1 & 2 (Paper 2):

• Commerce & Accountancy
• Management
• Finance
• Costing
• Companies Act
• Economics

Let us talk about each and every section in a more detailed manner and the important part of these sections that you need to cover.

Commerce & Accountancy Syllabus 

• 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. 

Management Syllabus 

• 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 

Finance Syllabus 

• Financial System: Role and Functions of Regulatory bodies in 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.

If you have any doubt or confusion regarding SEBI Phase 1 or Phase 2 preparation or wish to understand the right sequence of subject in the syllabus, visit this page. 

Costing Syllabus 

• 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 
• Standard Costing 
• Marginal Costing 
• Budget and Budgetary Control 
• Lean System and Innovation:- 
• Introduction to Lean System 
• Just-in-Time (JIT) Page 20 of 26 
• Kaizen Costing 
• 5 Ss 
• Total Productive Maintenance (TPM) 
• Cellular Manufacturing/ One-Piece Flow Production Systems 
• Six Sigma (SS) 
• Introduction to Process Innovation and Business Process Re-engineering (BPR). 

Companies Act Syllabus 

• The Companies Act, 2013 – Specific  reference to : Chapter III, IV, VIII, X, Chapter XI, Chapter XII, Chapter XXVII 

Economics Syllabus 

• Demand and Supply 
• Market Structures 
• National Income 
• Concepts and Measurement 
• Classical & 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 

Understanding exam pattern is equally important as understanding the syllabus, click here for SEBI Grade A exam pattern. 

SEBI Grade A Interview Syllabus 

• There is no official syllabus for the SEBI Grade A Interview. 
• Candidates are generally assessed on their personality, communication skills, awareness of what is currently happening in the world, general understanding, education and work experience. 
• Interview panelists may ask questions about your soft skills, hard skills and decision making. 

Check the latest released admit card of SEBI Grade A 2026, which is attached here.

How to cover the SEBI Grade A Syllabus 2026?

To ace the SEBI Grade A 2026 exams, you do not just need to cover the syllabus; you need to cover it strategically with absolute consistency to ensure proper coverage within the time before the exam.  

Check below for effective tips to cover your syllabus: 

• Understanding of the Syllabus: SEBI Grade A syllabus is vast and dynamic, so go through the whole syllabus once, understanding each subject and topic’s difficulty and weightage. 
• Restructure the Syllabus: After going through the syllabus, rearrange the syllabus into smaller, manageable categories according to subject difficulty and weightage. 
• Prioritize categories: Prioritize subjects that hold more value and marks from others; begin your preparation by understanding them first. 
• Time Management: Since there is a limited duration of time in the exams, use timer-based practice to improve speed in Phase 1 and adapt according to the Phase 2 exam. 
• Self-evaluation: Start attempting mock tests from the beginning of the syllabus preparation to assess your current level, recognize areas that you are weak in, and focus on them. Keep this process consistent throughout the journey.  

Follow the above-mentioned tips with a regular study plan to ensure not only fast coverage of the syllabus but clear understanding of the syllabus.  

Before you proceed, you must go through the SEBI Grade A exam eligibility criteria to help you to understand whether you are eligible or not.