Securities and Exchange Board of India (SEBI / Board) has invited applications from under its Young Professional Program.
SEBI Young Professional Program (YPP) is intended to provide an exceptional opportunity to qualified and motivated young professionals to learn the nuances of Indian capital markets and functioning of a regulatory organization by working on different projects in the Board. The program offers opportunities to candidates of various educational backgrounds to assist the Board in different domains – Securities Market Operations (SMO), Law, Research, Information Technology (IT) and Rajbasha.
Number of Young Professionals:
The number of Young Professionals (YPs) proposed to be engaged by the Board are as follows:
| Young Professional (Securities Market Operations) | 40 |
| Young Professional (Law) | 13 |
| Young Professional (Research) | 4 |
| Young Professional (Information Technology) | 29 |
| Young Professional (Rajbasha) | 5 |
Age & Nationality:
The candidate must be an Indian citizen of age not more than 30 years as on the date of publication of advertisement
Duration of Engagement:
The duration of engagement of YPs shall be 1 (one) year, which may be further extended by the Competent Authority by 2 stretches of 1 (one) year each, depending on the performance of Yps and organizational requirements. The total duration of engagement of a YP shall not exceed 3 (three) years.
Place of Posting:
The YPs shall be posted at the Head Office of the Board in Mumbai.
Stipend:
YPs shall be paid a monthly stipend of INR 70,000 (all inclusive). Income tax or any other tax liable to be deducted as per the applicable rules will be deducted at source before effecting the payment. The Board shall not be liable for taxes or any other contribution payable by the YP on payments made to him/her under this engagement.
Application Form:
The interested eligible candidates shall submit an online application through SEBI website (www.sebi.gov.in) under “Careers” section, during the application window. The online application form may be accessed at https://www.sebi.gov.in/sebiweb/other/OtherAction.do?doYoungProfessional20 26=yes . Candidates may note that this is the only permitted mode to apply for SEBI YPP and application submitted by any other means/mode will not be accepted.
Application Window:
The application form shall be open for 21 days from the date of publication of the advertisement in newspapers. SEBI does not assume any responsibility for the candidates not being able to submit their applications within the last date.
Domain-wise Educational Qualification:
| Young Professional (Securities Market Operations) | Post Graduate qualification (degree / 2-year diploma) in Management (with specialization in Finance) from a recognized and reputed university/ institution, with minimum 60% aggregate marks or equivalent CGPA; OR Chartered Accountant (CA) / Company Secretary (CS) / Cost Management Accountant (CMA), with minimum 55% aggregate marks in the final level of course; OR Successfully completed all 3 (three) levels of Chartered Financial Analyst (CFA) course from CFA Institute (USA) |
| Young Professional (Law) | Bachelors’ Degree in Law from a recognized and reputed university/ institution, with minimum 60% aggregate marks or equivalent CGPA |
| Young Professional (Research) | Post Graduate qualification (degree / 2-year diploma) in Management (with specialization in Finance) / Economics / Commerce / Financial Economics / Business Economics / Applied Statistics / Econometrics from a recognized and reputed university/ institution, with minimum 60% aggregate marks or equivalent CGPA. Preference shall be given to candidates who have completed their PhD in relevant fields like Economics / Econometrics / Finance / Commerce preferably with focus on financial markets |
Anyone of the following degrees from a recognized and reputed university/ institution with minimum 60% aggregate marks or equivalent CGPA: B.E. / B. Tech in Electronics / Electronics and Communication / Information Technology / Computer Science; OR MCA / MSc (IT) / MSc. (Computer Science) / MBA (Systems) / MBA (Analytics) / M. Tech (Computer Science/ IT/ Relevant Stream) / MS (Computer Science/IT/Relevant Stream) or equivalent degree. | |
| Young Professional (Rajbasha) | Master’s Degree in Hindi/ Hindi Translation with English as a subject at the Bachelor’s Degree level; OR Master’s Young Professional (Rajbasha) Sanskrit/ Degree in English/ Economics/ Commerce with Hindi as a subject at Bachelor’s Degree level; OR Master’s Degree in both English and Hindi/ Hindi Translation from recognized University / Institute. |
For Skills and experience required – Download SEBI Notice for YP
- SEBI invites applications from CAs / other professionals under Young Professional Program
- Adjustment of income tax refund of corporate debtor against old income tax dues upheld
- Obligations on CRAs in rating instruments falling under purview of other Financial Sector Regulator
- Entire material available on record not required to be supplied with notice u/s 148A(b)
- In case of estimation of income, penalty under Section 270A cannot be imposed
