ICSI Company Secretary (CS) Course
Company Secretaryship is an interesting career field with well defined syllabus in all its stages. It offers not only a great degree of job satisfaction but also financial gain and prestige. An ICSI Company Secretary is a senior position in a private sector company or public sector organization, normally in the form of a managerial position or above. The CS is a specialized professional for maintaining link between government bodies (like Dept. of company affairs and company law board) and corporate sector (Business houses). CS represents his/her company on legal documents, and it is his/her responsibility to ensure that the company and its directors operate within the law.
The Institute of Company Secretaries of India (ICSI) is the only recognized professional body in India to develop and regulate the profession of CS. It conducts CS exam twice a year in June and December.
Skills required for ICSI Company Secretary
Work Field areas of ICSI Company Secretary (CS)
The career of a company secretary initially may begin with designation of a Junior Secretarial Officer. Depending upon experience it can rise up to senior level positions and Finance Advisor later.
Company Secretaries in Practice also render services in the following domains:
- Legal, Secretarial and Corporate Governance
- Corporate Restructuring
- Foreign Collaborations and Joint Ventures
- Arbitration and Conciliation
- Financial Management
- Project Planning
- Capital Market and Investor Relations
- Due Diligence
- Corporate Advisory Services
For details on career options for a Company Secretary refer article section of MyCareerLift.com.
Placement of ICSI Company Secretary (CS)
The Headquarters and Regional Offices offer placement services to the Members of the Institute. Members looking for job may register online on the Institute’s Website for availing Placement assistance. Vacancies received from companies are also displayed on the website.
After the globalization of services through WTO and GATS, the field is opening in various countries for practicing Company Secretaries as well. India is entering into bilateral Comprehensive Economic Cooperation Agreements with countries like Singapore, Malaysia, Thailand, and Mauritius etc. These agreements recognize Company Secretaries for free movement of professionals across borders. ICSI has an Memorandum of Understanding with the Institute of Chartered Secretaries and Administrators, UK.
Multiple Choice Employment Prospects
Apart from private companies, Company Secretaries may also find employment opportunities in public sector companies at Central and State levels and also in the Union, State and Local Governments, Charitable and Non-Profit Organizations.
Well secured positions for ICSI Chartered Secretaries
- Companies with a paid up share capital of Rs.5 crore or more are compulsorily required to appoint a whole-time Company Secretary under section 383A of Companies Act,1956.
- All companies seeking listing on Stock Exchange are required to appoint a whole-time Company Secretary
- ICSI CS members are recognized for appointment to superior posts and services under Central Government
- ICSI CS qualification is in itself a recognized qualification for recruitment from Grade I to Grade IV in the Accounts branch of the Indian Company Law Service.
- Almost every kind of organization whose affairs is conducted by boards, councils or other association, federation, authority, commission compulsorily absorbs ICSI CS.
Self Employment (practice)
After obtaining a ‘Certificate of Practice’ from the Institute, Members of the Institute can go for Independent Practice.
Stages to become an ICSI Company Secretary
There are two ways to get into ICSI Company Secretary Course.
- The student who would like to join the Course after 10+2 pass or equivalent has to undergo three stages to pursue the Company Secretaries Course i.e. Foundation Programme, Executive Programme and Professional Programme
- The Student who would like to join the Course after passing the Graduation has to undergo two stages of the Company Secretaryship i.e. Executive Programme and Professional Programme
Eligibility and Syllabus of the ICSI Company Secretary Course
- Foundation Programme which is of eight months duration can be pursued by 10+2 pass or equivalent students of Arts, Science or Commerce stream (Excluding Fine Arts). After CS Foundation programme there is compulsory computer training.
Compulsory Computer Training:
- Executive Programme can be pursued by a Graduate of all streams except Fine Arts / CPT passed of ICAI / Foundation Program passed of ICAI-CMA. After passing Intermediate/Executive Programme, students are eligible to commence 15 months Management training / 15 months Apprenticeship Training with a company which is registered with the ICSI. If the candidate has any prior work experience then s/he is exempted from these trainings. But such candidate has to compulsorily take 3 months Practical Training.
- Professional Programme can be pursued only after clearing the Executive Programme of CS Course. After completion of professional programme a 15 days training with a specialized agency is conducted.
Qualifying Marks: A candidate is declared to have passed the Foundation / Executive / Professional examination, if he/she secures at one sitting a minimum of 40% marks in each paper and 50% marks in the aggregate of all subjects. For ICSI Company Secretary Course syllabus, Click here.
Time limit for completing CS Examination
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.
Accessibility of CS course
Now when you know all about the CS profession, you can have a look at an article ‘Journey of a CS student’ which talks about a CS topper in article section of MyCareerLift.com.