IFSCA Assistant Manager Syllabus 2025: Phase I & Phase II Topics, Pattern and Strategy (Latest)
Updated on December 30, 2025 • IFSCA Grade A 2025
Download Image
The IFSCA Assistant Manager syllabus 2025 covers core aptitude plus financial‑sector knowledge across two stages. Phase I tests English, Reasoning, Quantitative/Data and General/Financial Awareness, along with basics of the financial ecosystem. Phase II deepens into stream/domain topics and adds Descriptive English.
Below is a crisp, mobile‑friendly breakdown of the latest pattern and subject‑wise topics to help you plan smart, finish the syllabus on time, and improve accuracy on exam day.
Exam Pattern Overview
| Phase | Papers | Broad Coverage |
|---|
| Phase I | Paper 1 & Paper 2 | English, Quant/Data, Reasoning, GA (financial focus) + financial‑sector basics |
| Phase II | Paper 1 & Paper 2 | Descriptive English + stream/domain subjects (MCQs) |
As per the latest handouts/notifications, Phase II includes a Descriptive English paper and domain MCQs; minimum cut‑offs have historically been applied per paper and in aggregate.
Phase I Syllabus
Paper 1 (Aptitude)
- English Language: reading comprehension, cloze, para‑jumbles, error spotting, vocabulary & usage.
- Quantitative Aptitude / Data: arithmetic (ratio, %age, SI/CI, TSD, time–work), algebra, number series, DI (tables, bar/line/pie, caselets).
- Reasoning Ability: puzzles/seating, syllogism, inequality, coding‑decoding, blood relations, direction sense, input‑output.
- General/Financial Awareness: current affairs, banking & markets, regulators (RBI/SEBI/IRDAI/PFRDA/IFSCA), schemes & budget highlights.
Paper 2 (Financial‑sector Basics)
- Commerce & Accountancy, Management, Finance & Costing fundamentals
- Indian Economy & Global Economy, Economic Survey & Union Budget basics
- Banking system, monetary policy, financial institutions (RBI, NABARD, SIDBI, EXIM, NHB, NaBFID etc.)
- Capital/derivatives/forex markets; Insurance & Pension sector overview
- IFSC/IFSCA, GIFT City and global financial centres
Phase II Syllabus
Paper 1 — Descriptive English
- Essay (financial & policy themes), précis and reading comprehension
- Grammar, structure, coherence and vocabulary assessment
Paper 2 — Domain/Stream
- In‑depth questions from Commerce & Accountancy, Management, Finance & Costing
- Indian Economy, Global Economy, Public Finance (Budget), Financial sector including Banking, Markets, Insurance, Pension
- IFSCA Act, role of IFSCA, IFSC regulations and GIFT City ecosystem
Paper‑wise cut‑offs and the aggregate benchmark have historically been enforced; check the latest exam handout for exact thresholds.
Detailed Topic List (Quick View)
| Area | Key Topics |
|---|
| English | RC, para‑jumbles, cloze, vocabulary, error detection, sentence improvement |
| Reasoning | Puzzles & seating, syllogism, inequality, coding‑decoding, directions, blood relations |
| Quant/Data | Percentages, ratio, averages, SI/CI, TSD, time & work, data interpretation (all formats) |
| GA (Financial) | Banking & markets news, regulators & products, schemes, Budget & Survey, committees/reports |
| Domain | Commerce, Accountancy, Management, Finance/Costing, Indian & Global Economy, Banking/Markets/Insurance/Pension, IFSCA/IFSC/GIFT City |
Preparation Tips
- Build a topic‑wise timetable that balances Aptitude + Domain daily; revise static notes weekly.
- Track financial current affairs (regulatory updates, policy moves, markets) for GA and essay fodder.
- Practice DI sets & puzzles under time; learn elimination for lengthy MCQs in Paper 2.
- For Descriptive English, keep a mini notebook of budget/economy talking points and draft 2 essays/week.
FAQs
Q1. What are the subjects in Phase I?
English, Reasoning, Quant/Data and General/Financial Awareness, plus financial‑sector basics.
Q2. Is there a descriptive paper?
Yes, Phase II includes a Descriptive English paper.
Q3. Where can I check official updates?
On the IFSCA Career page (link above). Keep an eye on the latest handouts/notifications for any changes.