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Courses to Study to Become a Company’s Secretary in 2020

Filed in Education by on December 8, 2020

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Courses to Study to Become a Company’s Secretary in 2020.

Courses for Company’s Secretary 2020: Company Secretary is a challenging and well rewarding profession. It is a very senior position.

If you want to take up a managerial/senior administrative role in a private or public sector company, Company Secretary Course could be of help to you.

Read through for Courses to Study to Become a Company’s Secretary.

Courses to Study to Become a Company’s Secretary in 2020

Company Secretary Courses are known to churn out skilled Company Secretaries! Company Secretaries are usually appointed to key managerial or administrative roles. They have opportunities available in both private and public sector firms.

Company Secretary is one of the principal posts in a company. He/she act as a conscience seeker of the company. A certified Company Secretary is hired to handle the legal aspects of a firm.

A Company Secretary is responsible for complete the company’s tax returns, keep records, advise the board of directors and ensure that the company complies with legal and statutory regulations.

If any company (private or public) wants to conduct its operations in India, it must follow certain business laws, regulations and requirements. It is the task of a Company Secretary to ensure compliance with the above-mentioned regulations.

In India, the Institute of Company Secretaries of India (ICSI) is the only recognized professional body in India to develop and regulate the profession of Company Secretaries.

The ICSI provides training and education to lakhs of aspiring Company Secretaries. At present, there are more than 50,000 members and about 4, 00,000 students on the rolls of ICSI.

The Institute of Company Secretaries of India provides training to candidates aspiring to pursue Company Secretary. The institute conducts its Company Secretary programmes at the three levels. On completion of the course, candidates are issued certificates.

Who is a Company Secretary?

In simple terms, a Company Secretary is responsible for the efficient administration of a company. He/she is responsible for ensuring compliance with statutory and regulatory requirements and for ensuring that the decisions of the Board of Directors are implemented.

In India, every listed company and certain non-listed & private companies are required to have a qualified Company Secretary appointed (in a managerial or administrative role).

A qualified CS is knowledgeable in the following areas:

  • Compliance Laws
  • Corporate Laws
  • Corporate Governance
  • Company Regulatory Compliance
  • Strategic Management
  • Corporate Decision Making
  • Corporate Finance Management

 How to Become a Company Secretary in India

In order to become a CS in India, you must become an Associate Member of ICSI. ICSI stands for the Institute of Company Secretaries of India.

ICSI is the professional body that develops and regulates Company Secretary training, profession, and membership in India. This body was established by Act of parliament for taking care of the CS profession, training and membership!

How to Become an Associate Member of ICSI

In order to become an ASC (Associate Company Secretary), you must successfully complete the three stages of Company Secretary Course – Foundation Programme, Executive Programme and Professional Programme.

After completing the above-mentioned programmes, candidates must also successfully complete 15 months of management training in Companies sponsored by ICSI or under the guidance of a practicing CS.

15 months of management training can be taken up by candidates who have passed the Executive or Professional Programme. After passing Professional Programme examination and completing management training, a candidate may register himself/herself as an Associate Member of ICSI.

Apart from the three programmes and 15 months of management training, CS aspirants are also supposed to complete a string of training and grooming programs. Details about these training and grooming programs have been provided ahead in this article.

Company Secretary Course Details

Company Secretary Course consists of three main stages. They are –

  • Foundation Programme
  • Executive Programme
  • Professional Programme

 Eligibility Criteria

  • Foundation Programme: 10+2 pass or equivalent 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

If you are a 12th passed student, you must register for the foundation programme. Eventually, you may clear it and register for the executive programme. After the qualifying executive stage, you may register for a professional programme.

If you hold a relevant Bachelor’s Degree, you may register directly for the Executive programme. After qualifying the executive stage, you may register for the professional programme.

Admission, Registration & Important Dates 2020

Admission to CS course is open throughout the year. Examinations and held twice a year in June and December. Here are the important admission cut-off dates –

Foundation Programme: 31st March for appearing in December Examination in the same year & 30th September for June Examination next year.

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

Syllabus

The foundation programme consists of 4 papers. They are –

  • Business Environment and Law
  • Business Management, Ethics, and Entrepreneurship
  • Business Economics
  • Fundamentals of Accounting and Auditing

The executive programme consists of 7 papers (divided into 2 modules). Module-1 consists of 4 papers and Module-2 consists of 3 papers. They are –

  • Company Law (Module 1)
  • Cost and Management Accounting (Module 1)
  • Economic and Commercial Laws (Module 1)
  • Tax Laws and Practice (Module 1)
  • Company Accounts and Auditing Practices (Module 2)
  • Capital Markets and Securities Laws (Module 2)
  • Industrial Labour and General Laws (Module 2)

Professional programme is divided into 3 modules and also consists of elective subjects (candidate has to choose 1 elective subject out of 5). They are

  • Advanced Company Law and Practice (Module 1)
  • Secretarial Audit, Compliance Management and Due Diligence (Module 1)
  • Corporate Restructuring, Valuation and Insolvency (Module 1)
  • Information Technology and Systems Audit (Module 2)
  • Financial, Treasury and Forex Management (Module 2)
  • Ethics, Governance and Sustainability (Module 2)
  • Advanced Tax Laws and Practice (Module 3)
  • Drafting, Appearances and Pleadings (Module 3)
  • Banking Law and Practice (Elective subject)
  • Capital, Commodity and Money Market (Elective subject)
  • Insurance Law and Practice (Elective subject)
  • Intellectual Property Rights – Law and Practice (Elective subject)
  • International Business-Laws and Practices (Elective subject)

Fees

Fees charged vary from one stage to another. It also varies depending upon the stream that a candidate is hailing from.

A student is required to complete the Executive and the Professional examination within the registration period.

However, on payment of requisite fees, the validity of registration may be renewed/extended for further period subject to fulfilling the applicable guidelines.

Training & Development Programs

As part of the CS course, candidates are required to undergo the following training and development programs –

  • Computer Training
  • Student Induction Programme
  • Executive Development Programme
  • Long Terms Internship with specified entities (Three years on registration to Executive Programme or Two years after passing the Executive Programme or One year after passing the Professional Programme)
  • Professional Development Programme
  • Training with a specialised agency
  • Management Skills Orientation Programme (15 days)

Career Prospects

A qualified CS is knowledgeable in areas such as –

  • Compliance Laws
  • Corporate Laws
  • Corporate Governance
  • Company Regulatory Compliance
  • Strategic Management
  • Corporate Decision Making
  • Corporate Finance Management

Thanks to this diverse set of skills that they possess, Company Secretaries have diverse job profiles available in front of them! They have access to both Government and Private sector jobs.

Company Secretaries are usually hired by –

  • Government Organizations & PSUs
  • Private Companies (Listed and Non-listed)
  • MNCs
  • Corporate Houses
  • Law Firms
  • Consultancies
  • Industrial Firms
  • Healthcare Institutes
  • Pharmaceutical Firms

Salary

The starting salary of a Company Secretary depends upon a number of factors. Some of the prominent factors are –

  • Status of the employer
  • Skills
  • Job location

On average, starting salary could be anywhere between 45-80K INR per month. In the case of a Government job, the salary will be as per the pay scale and grade.

We hope this article helped you to know about courses for the position of secretary and have answered some more questions. Please share this article if you find it helpful by clicking the share button on this website and you can subscribe for more updates.

CSN Team.

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