IFSCA Grade A study materials
IFSCA Grade A study resources

IFSCA Grade A study plan

IFSCA Grade A · Give each week a clear focus.

8 weeks · About 7 hours per week

Week 1

Banking & Capital Market

  • Map the Banking domain syllabus into a one-page concept tree covering prudential regulation, credit and NPA classification, payment systems, and IFSC banking units

  • Explain how IFSC Banking Units differ from domestic banks in permitted currency, deposit-taking, and capital norms, and write a 150-word note capturing the distinctions

  • Trace the primary market lifecycle from DRHP filing through listing, and list the SEBI intermediaries involved at each stage

  • Solve 30 mixed Banking and Capital Market questions under timed conditions and log every error with its root cause

Your checkpoint

A two-column error log of 30 attempted questions, each tagged to a syllabus sub-topic and a root cause (concept gap, misread, or memory)

Week 2

Fund Management & BATF Service Providers

  • Diagram the fund management value chain from sponsor to trustee to AMC to custodian, and state the fiduciary duty attached to each role

  • Compare AIF Categories I, II, and III on permitted leverage, investor threshold, and registration route, and summarise the comparison in a table

  • Distinguish BATF-permitted services from ordinary broking, and identify which activities require separate registration

  • Compute NAV and expense ratio for a worked example fund and verify the arithmetic against the stated formula

Your checkpoint

A one-page comparison table of AIF categories plus a worked NAV calculation showing every intermediate step

Week 3

Global In-House Centre & Fintech

  • Define the Global In-House Centre model and separate captives from third-party service providers on ownership and control

  • List the regulatory expectations for GICs on data localisation, outsourcing oversight, and business continuity, and rank them by exam likelihood

  • Classify fintech activities into payments, lending, wealth, and regtech, and match each to its governing regulator or framework

  • Explain sandbox and innovation-hub mechanisms and state the entry and exit conditions a participant must satisfy

Your checkpoint

A 20-term glossary covering GIC and fintech vocabulary, each term with a one-sentence definition and its regulatory anchor

Week 4

Insurance & Metals And Commodities

  • Break insurance into life and general, then map the product, distribution, and claims stages to the responsible regulated entity

  • Explain reinsurance, solvency margin, and actuarial valuation in plain language without relying on formulas you cannot derive

  • Outline the metals and commodities ecosystem covering spot, derivatives, vaulting, and price discovery

  • Describe how commodity derivatives are settled physically versus in cash and identify the operational risk at each settlement step

  • Complete 40 timed questions spanning Insurance and Commodities and score at least 60 percent

Your checkpoint

A timed 40-question mock on Insurance and Commodities with a scored breakdown by sub-topic and a list of the three weakest areas

Week 5

Aircraft Leasing & Ship Leasing

  • Explain the economics of aircraft leasing including lease types, residual value risk, and repossession rights under the Cape Town Convention

  • Contrast ship leasing structures on bareboat, time, and voyage charter terms and state who bears which operating cost

  • Identify the tax, registration, and security-interest steps that make an aircraft or ship lease enforceable in an IFSC

  • Compare aircraft and ship leasing on asset life, collateral mobility, and default recovery, and note where the two regimes diverge

Your checkpoint

A side-by-side aircraft versus ship leasing sheet covering five comparison dimensions with a one-line justification for each entry

Week 6

Banking & Capital Market & Fund Management

  • Revisit the three heaviest domains and close every unresolved item in the error log from weeks 1 and 2

  • Practise 50 mixed questions weighted toward Banking, Capital Market, and Fund Management, and finish within the per-question time budget

  • Re-derive the key numerical formulas (CRAR, NAV, expense ratio, solvency margin) from first principles without notes

  • Summarise each of the three domains into a single recall sheet no longer than one page per domain

Your checkpoint

Three one-page recall sheets plus a closed error log showing zero unresolved items from weeks 1 and 2

Week 7

Global In-House Centre & Insurance & Metals And Commodities & BATF Service Providers & Aircraft Leasing & Fintech & Ship Leasing

  • Sweep the seven lighter domains using only your own recall sheets and glossary, flagging any term you cannot define in one sentence

  • Answer 60 rapid-fire questions across all ten domains and record accuracy per domain

  • Rewrite every flagged term into a corrected flashcard and test yourself on the corrected set the next day

  • Identify the two domains with the lowest accuracy and schedule targeted revision for them in week 8

Your checkpoint

A per-domain accuracy table from the 60-question sweep with the two weakest domains explicitly named

Week 8

Banking & Capital Market & Fund Management

  • Take two full-length timed simulations under exam conditions and score both before reviewing any answer

  • Analyse every wrong answer from both simulations and separate knowledge gaps from time-management and misreading errors

  • Drill the two weakest domains identified in week 7 until accuracy exceeds 70 percent on a fresh 20-question set

  • Finalise a one-page exam-day strategy covering question sequencing, skip rules, and time checkpoints

Your checkpoint

Two scored full-length simulations with a written post-mortem and a final one-page exam-day strategy sheet

Milestones

Week 2: Can define every term in the fund management and BATF glossary from memory and correctly classify five given AIF or BATF scenarios without notes

Week 4: Scores at least 60 percent on the timed 40-question Insurance and Commodities mock and can name the three weakest sub-topics

Week 6: Closes all error-log items from weeks 1 and 2 and re-derives CRAR, NAV, expense ratio, and solvency margin formulas from scratch

Week 8: Averages at least 65 percent across both full-length simulations with no single domain below 50 percent accuracy