How to Become Company Secretary – Step by Step Guide
How to Become Company Secretary: The Institute of Company Secretaries of India (ICSI) is a premier national professional body constituted under an Act of Parliament i.e., the Company Secretaries Act, 1980 regulate and develop the profession of Company Secretaries. Headquarterd at New Delhi and Noida, the ICSI has 4 Regional Offices at Chennai, Kolkata, Mumbai, and New Delhi, and 73 Chapters located in various cities across India.
ICSI is having two overseas centres at Dubai and New York.
The ICSI has on its rolls more than 58,000 qualified CS members both in employment and in practice and around 3,50,000 students pursuing the Company Secretaryship Course.
The Company Secretary has been given statutory recognition of Key Managerial Personnel (KMP) under the Companies Act, 2013.
In this article you can find everything you want to know about How to become company secretary. Here we are providing complete details like –
- The Role of Company Secretary ,
- Company Secretary Course Highlights,
- Stages to become a Company Secretary,
- Cut off dates for admission to CS course,
- Subjects of Company Secretary Course,
- Qualifying Marks
- Existing training requirements
- Employment opportunities in India and abroad .
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How to Become Company Secretary
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The Role of Company Secretary :
COMPANY SECRETARY IN EMPLOYMENT
- Advisor to the Board of Directors
- Key Managerial
- Personnel (KMP)
- Compliance Officer
- Corporate Risk Manager
- Corporate Planner & Strategic Manager
COMPANY SECRETARY IN PRACTICE
- Secretarial Auditor
- Registered Valuer
- Insolvency Professional
- Expert under Corporate Laws
- NCLT Practitioner
- IPR, International Trade & WTO Services
- Mediator and Conciliator
- GST Professional
- Representation Services
- IPR, International Trade & WTO Services
Company Secretary Course Highlights:
- No Entry Barrier – opportunity for every student
- Cost Effective
- Distance Learning – any where in the world
- 24×7 study through e-learning
- Flexibility in the schedules – Registration valid for 3 to 5 years.
- Excellent career opportunities for CS professional
- Position of Power and Prestige
- Offers Self Employment and Job Opportunities
- Direct Access to Top Management / Board Room
- Good remuneration and growth opportunities
Stages to become a Company Secretary:
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
- Professional Programme
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)
Executive Programme can be pursued by All graduates or post graduates (excluding fine arts) and those passed in the Foundation Examination of The Institute of Cost Accountants of India (ICAI-CMA) or CPT Examination of The Institute of Chartered Accountants of India (ICAI) or of any other accountancy institution in India or abroad recognized as equivalent thereto by the Council of the Institute . Such students may directly seek registration to Executive Programme of Company Secretaryship Course.
Professional Programme can be pursued only after clearing the Executive Programme of CS Course
ADMISSION TO THE CS COURSE is open throughout the year. Examinations are held twice a year in June & December.Students have to register online at www.icsi.edu
|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 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.|
Subjects for CS Course
|There are 4 papers in CS Foundation Programme (wef. 1st April 2017)|
|There are 8 papers divided into 2 Modules in CS Executive Programme (wef.1st April 2017 )|
|There are 9 papers divided into 4 Modules in CS Professional Programme (wef.1st April 2017 )|
|Foundation Programme New syllabus(2017) [4 papers]||Business Environment and Law|
|Business Management, Ethics and Entrepreneurship|
|Fundamentals of Accounting and Auditing|
|Note:The mode of examination will be Computer based MCQs.|
All candidates registered under Syllabus (2012), enrolled for the Foundation Programme examination shall be examined under Syllabus (2017), from June 2018 session onwards, i.e., candidates shall be compulsorily switched over from Syllabus (2012) to Syllabus (2017) for Foundation Programme Examination with effect from June 2018
|Executive Programme New syllabus(2017) [8 papers]|
|1.Jurisprudence, Interpretation & General Laws|
|3.Setting up of Business Entities and Closure|
|5.Corporate & Management Accounting|
|6.Securities Laws & Capital Markets|
|7.Economic, Business and Commercial Laws|
|8.Financial and Strategic Management|
1. The last examination of the Executive Programme under the old syllabus shall be held in December, 2019.
2. From and including June 2020, Executive Programme Examination shall be held under the new syllabus only.
3.It has been decided by the institute that examination of following subjects shall be held in MCQ based OMR format w.e.f. December 2019
|Professional Programme New syllabus(2017) [9 papers]|
|1.Governance, Risk Management, Compliances and Ethics|
|2.Advanced Tax Laws|
|3.Drafting, Pleadings and Appearances|
|4.Secretarial Audit, Compliance Management and Due Diligence|
|5.Corporate Restructuring, Insolvency, Liquidation & Winding-up|
|6.Resolution of Corporate Disputes,Non-Compliances & Remedies|
|7.Corporate Funding & Listings in Stock Exchanges|
|8.Multidisciplinary Case Studies (The examination for this paper|
will be open book examination)
|9.Electives 1 paper out of below 8 papers:|
9.1 Banking – Law & Practice
1. Candidates registered prior to 1st September, 2018 will be permitted to appear in the Professional Programme Examination under the new syllabus if they so opt.
2. The last examination of the Professional Programme under the old syllabus shall be held in June, 2020.
3. From and including December 2020, Professional Programme Examination shall be held under the new syllabus only.
Medium of Examination
The Institute allows facility to students to appear in examination in English as well as in Hindi. (Except Business Communication subject of Foundation Program)
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.
Existing training requirements
The students are required to undergo the following trainings:
|Type of Training||Duration of training||Earlier Training Structure|
(Applicable to students
registered in CS Executive
Programme on or before
Structure (Applicable to
students registered in CS
Executive Programme on
or after 01.04.14 )
|Computer Training||Seventy Hours||Not Applicable||Not Applicable|
|Seven days (to be undergone|
after taking registration in
Executive Programme )
|Not Applicable||Not Applicable|
|Eight days (to be undergone after|
passing examinations of
Executive Programme )
(If any student is completing 3 days e Governance & 5 days Skill Development of 15 days Academic Program, it will be treated equivalent to completing of 08 days’ EDP).
|15 days Academic|
|(2 days Induction+ 3 days eGovernance + 5 days Skill|
Development +5 days
|Not applicable||Applicable on the Students|
on or after 25.08.2015
|Fifteen months (after passing Executive Programme)||Three years on registration to Executive Programme;|
Two years after passing the Executive Programme ;Or
One Year after passing the Professional Programme
|Twenty four hours||Applicable||Not applicable|
|Fifteen days (to be undergone|
after passing examination of
|Fifteen days)to be undergone|
after completion of all
After qualifying the CS Professional Programme and on completion of training as provided under the CS Regulations, a candidate is enrolled as an Associate Member of the Institute and he can use the descriptive title ACS; after his / her name.
As a qualified company secretary, one can find good positions in the private sector and public sectors, banks and financial institutions. You can also look for openings in stock exchanges, the Department of Company Affairs, company law boards and various government departments.
Also,The Institute’s Headquarters and its Regional Offices provide placement assistance to its members.
Campus Placements are also organised for young Company Secretaries looking for employment and students looking for training through Placement and Trainee Drives .
A qualified company secretary may nevertheless find employment opportunities similar to those available to business graduates in the USA, Australia UK or other European countries.
Icsi MOU with Institute of Chartered Secretaries and Administrators (ICSA)
The ICSI and Institute of Chartered Secretaries and Administrators (ICSA) having regard for each other’s high standards of examination for mutual benefit of members signed an MOU on 13th November, 1998 providing for reciprocal exemptions of subjects as well as training requirements to members of each other’s Institutes.
Further more, ICSA and ICSI have signed a supplement to the existing MoU for inclusion of subjects as per New Syllabus of ICSI and ICSA and extended the same with nine divisions of ICSA namely Australia, New Zealand, Southern Africa, Zimbabwe, UKRIAT, Canada, Hong Kong/China, Malaysia and Singapore. Henceforth, members of the ICSI can study with the ICSA divisions of their choice, subject to residency requirements in some countries.
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