Table of Contents
The International Financial Services Centres Authority (IFSCA) conducts the IFSCA Grade A 2025 Exam to recruit candidates for the post of Assistant Manager. The selection process is carried out in three stages: Phase 1, Phase 2, and Ithe nterview. Both phases of the exam are conducted online and include a mix of objective and descriptive papers. Therefore, having a clear understanding of the latest IFSCA Grade A Syllabus and Exam Pattern 2025 is essential for candidates aiming to succeed in the examination.
IFSCA Grade A Syllabus 2025
The IFSCA Grade A Syllabus is released by the International Financial Services Centres Authority (IFSCA) for the Phase 1 and 2 exams, along with the official notification. Candidates can start preparing with the syllabus as the IFSCA Grade A Notification 2025 for the Assistant Manager post has been released. Candidates who are going to appear for the IFSCA Grade A exam must go through the topics and marking scheme to prepare more efficiently.
IFSCA Grade A Syllabus and Exam Pattern 2025
Check highlights of the syllabus and exam pattern for the IFSCA Grade A Assistant Manager exam in the table below.
| Particular | Details |
| Organization Name | International Financial Services Centres Authority |
| Post | Assistant Manager |
| Category | Syllabus And Exam Pattern |
| Exam Mode | Online |
| Total number of questions |
|
| Total marks |
|
| Duration |
|
| Official Website | @https://www.ifsca.gov.in |
IFSCA Assistant Manager Selection Process
The IFSCA Assistant Manager Selection process comprises 3 phases.
- Phase -I
- Phase -II
- Interview
Let’s check the stage-wise exam pattern below.
IFSCA Grade A Phase I Exam Pattern 2025
Applicants can refer to the table below for the IFSCA Phase I Exam Pattern. The exam is divided into two papers – Paper 1 covers general subjects, while Paper 2 is based on the specific post applied for. To qualify, candidates must secure at least 40% aggregate marks.
| IFSCA Exam Pattern – Paper 1 | |||
| Subject | No. of Questions | Maximum Marks | Duration |
| General Awareness(Financial Sector) | 25 | 25 Marks | 60 Minutes |
| English Language | 25 | 25 Marks | |
| Quantitative Aptitude | 25 | 25 Marks | |
| Reasoning | 25 | 25 Marks | |
| IFSCA Exam Pattern – Paper 2 for General and Legal Stream | |||
| Subject | No. of Questions | Maximum Marks | Duration |
| Paper II (Questions based on GS in case of General Stream OR Specialised subject in case of Legal Stream) | 50 | 100 Marks | 60 Minutes |
IFSCA Grade A Phase II Exam Pattern
The Phase 2 Exam consists of Paper 1 and Paper 2, both conducted online mode. Paper 1 will be descriptive type and Paper 2 will consist of multiple-choice questions.
| IFSCA Exam Pattern Phase 2 Paper 1 | ||
| Subject | No. of Questions | Duration |
| Precise Writing | 35 | 60 minutes |
| Essay Writing | 30 | |
| Comprehension | 35 | |
| Total | 100 | |
The IFSCA Exam Pattern for Phase II paper 2 has been mentioned below.
| IFSCA Exam Pattern Phase 2 Paper 2 | |||||
| Paper | Subject | Questions | Marks | Cut Off | Duration |
| II | General Stream: MCQs on General Studies | 50 | 100 | 40% | 60 Minutes |
| Legal Stream: MCQs on Specialized Subjects (if applicable) | 50 | 100 | 40% | 60 Minutes | |
IFSCA Grade A Phase 1 Syllabus 2025
To secure the desired position, candidates should have a thorough understanding of all topics in the syllabus. The IFSCA Grade A Assistant Manager Prelims Syllabus covers subjects like Reasoning Ability, Numerical Ability, English Language, and General Awareness. A detailed list of subtopics for each subject is provided in the table below.
| Subject | Syllabus |
| English |
|
| Quantitative Aptitude |
|
| Reasoning |
|
IFSCA Grade A Phase 1 Paper 2 Syllabus for General Stream
| Subject | Topics |
| General Knowledge & Current Affairs |
• National & International Current Events
• General Knowledge |
| Economic & Social Development |
(i) Growth and Development
• National Income & Per Capita Income • Poverty Alleviation & Employment in India • Sustainable Development & Environmental Issues (ii) Social Structure in India • Multiculturalism • Demographic Trends • Urbanisation & Migration • Gender Issues – Social Justice |
| Commerce & Accountancy |
• Accounting as a Financial Information System
• Accounting Standards – Depreciation, Inventories, Revenue, Assets, Forex, Investments • Cash Flow & Fund Flow Statements • Financial Statement & Ratio Analysis • Share Capital – Bonus, Rights, ESOPs, Buy-Back • Company Final Accounts Preparation & Presentation |
| Management |
• Nature & Scope of Management
• Planning, Organizing, Staffing, Directing, Controlling • Role of Manager • Leadership – Tasks, Styles, Theories • Human Resource Development (HRD) – Concepts & Goals • Motivation & Morale – Theories, Role of Incentives • Communication – Process, Channels, Barriers, Role of IT • Corporate Governance – Factors & Mechanisms |
| Finance |
(i) Financial System
• Regulatory Bodies & Roles (ii) Financial Markets • Primary & Secondary Markets – Forex, Money, Bond, Equity (iii) General Topics • Derivatives – Forward, Futures, Swaps • Recent Financial Sector Developments • Financial Inclusion & Technology • Alternate Finance Sources & PPP • Taxes – Direct, Indirect, GST, FRBM, Fiscal Policy • Inflation – Trends, Measures, CPI/WPI • Financial Risk Management |
| Costing |
(i) Overview
• Objectives & Scope of Cost and Management Accounting (ii) Methods of Costing • Unit, Job, Batch, Contract, Process, Service Sector Costing (iii) Cost Control & Analysis • Standard Costing, Marginal Costing, Budgetary Control (iv) Lean Systems & Innovation • JIT, Kaizen, 5S, TPM, Cellular Manufacturing • Six Sigma, Process Innovation, BPR |
| Indian & Global Economy |
• Demand, Supply, Market Structures
• National Income – Concepts & Measurement • Classical & Keynesian Theories • Consumption, Investment, Multiplier, Accelerator • IS-LM, Inflation, Phillips Curve, Business Cycles • Balance of Payments, Forex, Monetary/Fiscal Policy • NBFCs • International Institutions – BIS, IOSCO, IMF, World Bank |
| Govt. Financial Sector Schemes |
• Central Government Initiatives & Schemes in Finance
|
IFSCA Grade A Phase 2 Syllabus 2025
Paper 1 will be descriptive, in which candidates will have to attempt an essay, comprehension, and a precis. In Paper 2, multiple-choice questions will be asked from the topics discussed here.
| Section | Subject | Topics |
| 1 | IFSCA & Financial Centres |
• IFSCA Act
• IFSCA • IFSC • GIFT IFSC • GIFT City • Global Financial Centres |
| 2 | Union Budget & Economic Survey |
• Budget Concepts
• Approach & Broad Trends • Key Highlights of Economic Survey |
| 3 | Banking |
• Structure & Functions of Financial Institutions
• Role of Reserve Bank of India (RBI) • Indian Banking System – Structure & Recent Developments • Key Financial Institutions: SIDBI, EXIM Bank, NABARD, NHB, NaBFID • Global Financial Developments & Impact on India • Role of IT in Banking and Finance • Non-Banking Financial System • Digital Payment Systems |
| 4 | Capital Market |
• Role of Financial Sector Regulatory Bodies
• Primary & Secondary Markets – Forex, Money, Bond, Equity: Functions & Instruments • Derivatives – Forward, Futures, Swaps • Precious Metals – Spot and Derivatives Markets |
| 5 | Insurance |
• History and Principles of Insurance in India
• Risk Concepts – Uncertainty, Pooling, Diversification • Legal Foundations – Group, Health Insurance, Pensions • Role of Intermediaries & Bancassurance • Insurance Functions – Product Design, Pricing, Underwriting, Claims, Investment, Reinsurance • Insurance Products – Life, Annuities, Health, Property-Liability, Liability Risks • Specialist Lines – Agricultural, Export Credit Guarantee • Reinsurance – GIC, Obligatory Sessions, Risk Retention |
| 6 | Pension Sector |
• Pension Sector Status in India
• Types of Retirement Schemes & Features • National Pension System (NPS) • Atal Pension Yojana (APY) • Annuity Plans • Investment Basics in Pensions |
IFSCA Grade A Syllabus PDF Download
The candidates can click on the link mentioned below to download the IFSCA Grade A Syllabus PDF. The PDF includes a detailed syllabus and exam pattern, which the candidates can refer to while preparing for the examination. The phase 1 examination has been concluded; hence, the candidates must start preparing for Phase 2.
IFSCA Grade A Interview 2025
Candidates who clear both Phase 1 and Phase 2 of the written examination will be shortlisted for the IFSCA Grade A Interview 2025. In the final selection, the interview carries a weightage of 15%, while Phase 2 marks contribute 85% to the overall score.
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