IFSCA Grade A study plan
IFSCA Grade A · Give each week a clear focus.
8 weeks · About 7 hours per week
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)
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
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
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
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
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
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
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