The International Financial Services Centres Authority (IFSCA) Grade A (Assistant Manager) Syllabus 2025 is critical for aspirants targeting this prestigious regulatory role. The recruitment process is divided into three phases: Phase I (Preliminary Online Exam), Phase II (Main Online Exam), and Phase III (Interview).
For the most accurate and official details, candidates should always refer to the IFSCA Grade A Notification 2025 PDF available on the official IFSCA website.
IFSCA Grade A Phase I Syllabus & Exam Pattern (General Stream)
Phase I is an online screening examination and is qualifying in nature. Candidates must clear both the sectional and overall cut-offs to be shortlisted for Phase II. It consists of two papers, each of 100 marks and 60 minutes duration. There is a negative marking of $1/4^{th}$ of the marks assigned to the question for wrong answers.
Phase I – Paper 1 (Common for All Streams)
This paper tests general aptitude and is common for all streams (General, Legal, IT).
| Subject | No. of Questions | Max. Marks |
| General Awareness (Special reference to the Financial Sector) | 25 | 25 |
| English Language | 25 | 25 |
| Quantitative Aptitude | 25 | 25 |
| Reasoning Ability | 25 | 25 |
| Total | 100 | 100 |
Phase I – Paper 2 (General Stream)
This paper is subject-specific, focusing on finance and core concepts.
| Subject | Topics Covered | Max. Marks |
| General Knowledge & Current Events | National & International importance, Economic & Social Development. | 100 |
| Commerce & Accountancy | Accounting as a Financial Information System, Accounting Standards, Cash/Fund Flow, Financial Statement & Ratio Analysis, Company Final Accounts. | |
| Management | Nature & Scope, Management Processes (Planning, Organizing, Staffing, Directing, Controlling), Leadership, HRD, Motivation, Communication, Corporate Governance. | |
| Finance | Financial System (Regulatory Bodies), Financial Markets (Primary & Secondary), General Topics (Derivatives, Financial Inclusion, Direct & Indirect Taxes, GST, Inflation, Financial Risk Management). | |
| Costing | Overview of Cost/Management Accounting, Methods of Costing (Unit, Job, Batch, Process, Service Sector). | |
| Indian Economy & Global Economy | Economic concepts, Five-year plans, Central Government’s financial initiatives/schemes. |
IFSCA Grade A Phase II Syllabus & Exam Pattern (General Stream)
Phase II is the Main Online Examination, and the marks obtained are given an 85% weightage in the final selection. It comprises two papers, both of 100 marks and 60 minutes duration.
Phase II – Paper 1 (Common for All Streams – Descriptive English)
This is a descriptive paper designed to test written communication skills.
| Components | Marks | Duration |
| Essay Writing | 30 | 60 minutes (Total) |
| Precis Writing | 35 | |
| Reading Comprehension | 35 | |
| Total | 100 | 60 minutes |
Phase II – Paper 2 (General Stream – Objective MCQs)
This paper focuses on specialized, in-depth knowledge relevant to the financial and regulatory sector.
| Subject | Detailed Focus Areas (MCQs) | Max. Marks |
| IFSCA Act | Focus on the IFSCA Act and relevant regulatory frameworks. | 100 |
| Banking | RBI Act, Banking Regulation Act, Core Banking Functions, Monetary Policy. | |
| Capital Market | Securities Contracts (Regulation) Act, SEBI Act, Primary & Secondary Markets, Derivatives, Spot and Derivative market of Precious Metals. | |
| Insurance | Insurance Act, Principles of Insurance, Insurance Lines and Products, Reinsurance. | |
| Pension Sector | Status of the sector, types of schemes (NPS, APY), Basics of Investment. | |
| IFSCA & GIFT City | Role, functions, and recent developments related to IFSCA and GIFT City. |
Direct Link to Download IFSCA Grade A Syllabus PDF
The complete, official, and most detailed syllabus, along with the full notification and educational qualifications, is typically released by the IFSCA on its official website.
To download the IFSCA Grade A 2025 Syllabus PDF, candidates should look for the “Recruitment of Officer Grade ‘A’ (Assistant Manager) – 2025” official notification on the IFSCA Careers page.
- Official IFSCA Career Page: International Financial Services Centres Authority – Career
