With the growing importance now being given to corporate governance, company secretaryship has gained a lot of relevance in the corporate world. The "Institute of Company Secretaries of India" (ICSI) is a premier National Professional body having 40 offices worldwide, established by Act of Parliament to develop and regulate the Profession of Company Secretaries. Company Secretaries act as a vital link between the company, shareholder, board of governors, governmental and other regulatory agencies. The company secretary has an integrated knowledge of multiple disciplines, law, management, finance, and corporate governance.
A Company secretary gives advice and guidance to the company. The ICSI imparts training in Company Secretaryship by Distance Learning (by correspondence) enabling students to qualify as Company Secretaries. The Institute provides "Course Material" for all the subjects at the time of Registration. There is also provision for oral coaching classes.
To become an associate member of the Institute of Company Secretaries of India (ICSI), students have to pass their foundation, intermediate and final examinations and also undergo practical training and possess specify practical experience. ICSI conducts company secretary's course through postal /oral couching and training.
The student who would like to join the Course after 10+2 has to undergo three stages to pursue the Company Secretaries Course i.e.
The Student who takes up the Course after passing the Graduation has to undergo two stages of the Company Secretaryship i.e.
A student has to undergo 16 month Training in a company or under a practicing company secretary after passing the executive programme or professional programme.
Students who possess prescribed practical experience can seek partial or total exemption from Training.
Sponsorship for the Training is made by the Institute.
The companies and the practicing Company Secretaries pay stipend during the training period.
In addition, every student is required to undergo 15 days Training in a specialized agency and 15 days Secretarial Modular Training Programme.
After qualifying the CS Professional Programme and on successful completion of Training, a candidate is enrolled as an Associate Member of the Institute and can use the descriptive title "ACS" after his/ her name.
Admission to the CS course is open throughout the year. Examinations are held twice a year in June & December. There is no minimum pass percentage requirement for admission
|SUBJECTS FOR THE CS PROGRAMME|
|There are 4 papers in CS Foundation Programme|
|There are 6 papers divided into 2 Modules in CS Executive Programme|
|There are 8 papers divided into 4 Modules in CS Professional Programme|
|Foundation Programme ( 4 papers)|
|English & Business Communication|
|Economics & Statistics|
|Elements of Business Laws and Management|
|Executive Programme [6 papers]|
|Module I (3 papers)|
|General and Commercial Laws|
|Company Accounts, Cost & Management Accounting|
|Module II (3 papers)|
|Economic and Labour Laws|
|Securities Law and Compliances|
|Professional Programme [8 papers]|
|Module I (2 papers)|
|Company Secretarial Practice|
|Drafting, Appearances and Pleadings|
|Module II (2 papers)|
|Financial, Treasury and Forex Management|
|Corporate Restructuring and Insolvency|
|Module III (2 papers)|
|Strategic Management, Alliances and International Trade|
|Advance Tax Laws and Practices|
|Module IV (2 papers)|
|Due Diligence and Corporate Compliance Management|
|Governance, Business Ethics and Sustainability|
Foundation Programme which is of 8 months duration can be pursued by 10+2 pass students of Arts, Science or Commerce stream (Excluding Fine Arts).
Executive Programme can be pursued by a Graduate of all streams except Fine Arts.
Professional Programme can be pursued only after clearing the Executive Programme of CS Course.
Common sense and good judgment
capacity for hard work
sound numerical ability and analytical abilities
excellent oral and written communication
As per the section 383A of the Companies Act, 1956, companies with a paid-up share capital of Rs. 5 crores or more are compulsorily required to appoint a whole time Company Secretary who must be a member of the Institute of Company Secretaries of India. Thus increasing the job prospects of company secretaries by leaps and bounds.
After obtaining a 'Certificate of Practice' from the Institute, Members of the Institute can go in for Independent Practice.
A budding and meritorious Company Secretary can hope to start his career with a monthly remuneration of Rs.20,000 - Rs.25,000. However, for an ordinary candidate, a monthly salary of Rs.10, 000 is almost guaranteed. The remuneration and conditions of service depend on the qualification and experience.
|Cut off dates for admission to CS course|
|For Foundation Programme|
|31st March for appearing in December Examination in the same year|
|30th September for June Examination next year|
|For Executive Programme|
|28th February for appearing in both modules in December Exams in the same year|
|31st May for appearing in single module in December Examination in the same year|
|31st August for appearing in both modules in June Exam in the next year|
|30th November for appearing in single module in June Examination in the next year.|
|CS Foundation Programme||Rs.4500/-|
|CS Executive Programme|
|Rs.12,500/- for Commerce Graduates / CPT passed of ICAI / Foundation passed of ICAI-CMA|
|Rs 10,000/- for Non Commerce Students|
|Rs 8,500/- for CS Foundation passed students|
|CS Professional Programme||Rs.12,000/-|