SEBI has invited applications from youth under the Young Professional Program. The market regulator has provided comprehensive information about this on its website. Professionals under the age of 30 can apply under this program. Selected professionals will get an opportunity to understand financial, capital and commodity markets.
There is a golden opportunity to work in SEBI. The market regulator is going to recruit 54 youth. This is a big opportunity for those youth who want to make a career in the field of finance, especially stocks and securities. However, SEBI has set many conditions. Who can apply, how much salary will be given, for how many years will this recruitment be? Let us know the answers to these questions.
What is SEBI’s Young Professional Program?
SEBI is going to recruit these youth under the Young Professional Program ( YP ). Youth above 20 years of age can apply for this program. Initially the appointment will be for one year. It can be extended to three years. SEBI is the market regulator. SEBI is responsible for the regulation of stock markets and commodity markets. Therefore, under this program, the youth will get an opportunity to learn about the nuances of Indian financial, capital and commodity markets.
How much salary will you get every month?
The professionals recruited under this program will be posted in Mumbai. They will get a stipend of Rs 70,000 per month. However, it must be kept in mind that the youth recruited under this program will not be considered officers or employees of SEBI. This means that if a professional dies, falls ill or gets injured during service, then no compensation will be given by SEBI.
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What is the maximum age of the candidate?
SEBI has given details about this on its official website. In a letter issued by SEBI’s Human Resources Department on August 9, applications have been sought from youth for SEBI Young Professional Program (YPP). It has been told that the age of the candidate should not be more than 30 years at the time of application. Candidates should have an understanding of financial markets. They should have analytical ability. Knowledge of information technology tools is also necessary.
What background is required to apply?
According to the information given on SEBI’s website, graduates in management, chartered accountants, company secretaries, cost management accountants and chartered financial analysts from CFA Institute can apply under this program. In this way, candidates with professional degrees can apply in this program of SEBI. It is important to keep in mind that the selected professionals will not be allowed to trade or speculate in stocks, securities and commodities. They will also not be able to invest in shares or any instruments related to shares. They will also not be able to invest in convertible debentures and warrants.
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