The Securities and Exchange Board of India or SEBI is a public authority that functions under the Ministry of Finance. It was founded in 1992 with its headquarters in Mumbai.
For so many years, SEBI has been a dream job for thousands of candidates who want to pursue careers in the securities and exchange market. To fulfill this dream, aspirants try their luck every year by applying for the SEBI Grade A exam.
Henceforth, in this article, we will discuss the job profile, salary, and career growth as a SEBI Grade A Officer. We hope the future waiting for you at the end of this exam practice journey will motivate you to work harder and give this exam your best shot.
Salary Structure of SEBI Grade A Officer
Aspirants who will clear all stages of the exam successfully will be selected for a probationary period of 2 years. The gross once-a-month salary for the candidates during the probationary period is ₹ 1, 07,000 per month without accommodation.
However, the gross regular salary of a SEBI Grade A officer is ₹ 73,000 per month with accommodation.
The basic salary in the first year is ₹ 44,500. However, there will be 4 yearly increases of ₹ 2500. After 5 years, the basic pay will be increased up to ₹ 54,500. Similarly, between the 6th and 12th year of working as a Grade A Officer and for seven years, there will be an annual increment of ₹2850. For the next 4 years, the basic pay will be ₹85,850 with an annual increment of ₹2850.
The final increment for a year will be ₹3300. At the end of 17 years of service, the salary will be ₹89,150.
Allowances Offered to SEBI Grade A Officer
The allowances given to SEBI Grade A Officers include:
- Family Expense
- Special Functional Pay
- Grade Allowance
- Local Allowance
- City Compensatory Expense
- Dearness Allowance
- Special Compensatory Allowance
- Personal Fixed Allowance
- Learning Expense
- Special Pay
Job Profile of SEBI Grade A Officer
If you want to serve as SEBI officials, you must know clearly what the SEBI Grade A Officer job profile involves:
- Controlling stock exchange accounts
- Identifying and examining negligence within the securities market
- Informing investors about the securities and exchange market
- Discontinuing security trading of a stock exchange
- Allowing and retreating credit of a routine talk
- Taking care of legal concerns of SEBI.
Career Growth of SEBI Score A Major
In the table given below, we have given the career advancement graph. The growth chart of a SEBI Grade A Officer starts with the post of Junior Assistant and finishes with the highest position, that is, of an Decision-making Director.
|Grade A||Assistant Manager (you will start here)|
|Grade C||Assistant General Manager|
|Grade D||Deputy General Manager|
|Grade E||General Manager|
|Grade F||Chief General Manager|
If you desire a life as a SEBI Score A Major, you have to wander an extra mile ahead of the rest of the aspirants who are applying for this exam every year. If you want to win this competition and want stability for your future, you are expected to work very hard with a single-minded commitment to reach your goal. Thus, download BYJU’s Exam Prep for SEBI Grade A exam preparation.
Every exam has its tricks to crack; go through the syllabus thoroughly, practice hard, and focus on one goal at a time; that is the only way to get your dream job.
We hope this article will help you get the job you dreamt of. All the best for your future from our side!
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