About the Company Secretary Course
The job of a company secretary is a very prestigious job and it is a senior position in any form of private sector or public sector organization. This is a high paying job and is very sought after by many but only a few can actually land a job in the same. Usually, commerce students are eligible to land this job profile. A CS also lands the ability to land himself/herself a role as one of the board of directors in a company through sheer experience and skill set.
Having a CS in a company is equivalent to having a legal expert, compliance officer, an expert in corporate and security laws, being a chief advisor to the board of directors, having the responsibility for regulatory compliance of company as well as a corporate planner and strategic manager all clubbed into one single individual.
The Institute of Company Secretaries of India (ICSI) is the only professional body which helps in developing the profession of Company Secretaries. The course is known as CS – Company Secretary. This is a certificate course. If a candidate wishes to do an advanced course then they can go on to do CA or CMA. The course is divided into three levels. It is a corporate professional course.
The foundation course consists of the business environment, entrepreneurship, management, communication, ethics, economics, and accounting.
The executive course will comprise of company law, commercial law, tax law, general law, securities law and accounts, and audit practice.
The final course will comprise of the student’s involvement in company secretarial practices, financial and treasury management.
For the final module of the course, the CS will get an opportunity to choose a specialization from the following
- Banking Law and Practice
- Capital, Commodity and Money Market
- Insurance Law and Practice
- Intellectual Property Right – Law and Practices
- International Business-Laws and Practices
After the completion of the course, the CS candidate will have to undergo training for the following programmes
- SIP (Student Induction Programme) – 7 days
- Compulsory Computer Training Programme – 70 hours
- EDP (Executive Development Programme) – 8 days
- PDP (Professional Development Programme) – 25 hours
- Training in a specialized agency – 15 days
- MSOP (Management Skills Orientation Programme) – 15 days
- Articleship Training Programme – 15 months
Some top colleges in India to pursue CS are:–
- Indira Gandhi National Open University (IGNOU)
- The Institute of Company Secretaries of India (ICSI)
- Aligarh Muslim University (AMU)
- Devi Ahilya Vishwavidhyalaya (DAV)
- National Institute of Information Technology (NIIT)
- Narsee Monjee College of Commerce and Economics
- Jawaharlal Nehru Technological University (JNTU)
The CS course is a 3-year professional course, equivalent to a UG degree. The foundation course is for 8 months, Intermediate/Executive course is for 9 months and the Final/Professional course is for 15 months.
Most colleges in India who provide the Company Secretary course usually admit students on the basis of merit which they must qualify through a written qualifying examination. Certain other colleges admit students through entrance examinations.
Students who have cleared their 10+2 with the Science or Commerce stream are eligible to apply for the Company Secretary programme. Students who have completed graduation are eligible to directly apply to the executive level of study.
The end semester examination is usually a recapitulation of all that has been studied throughout the course.
Jobs and Career Opportunities
The job profiles best suitable for this career are:–
- Assistance to the Board of Directors
- Company Registrar
- Legal Advisor
- Corporate Policymaker
- Chief Administrative Officer
- Principal Secretary
- Corporate Planner
- Managing Director
- Administrative Assistant
- Administrative Secretary
- Investor Capital Market Relations
- Contents Coordinator
Employment areas for a Company Secretary are –
- Company Law Boards
- Financial Institutions
- Stock Exchange Corporate Advisory Services
- Department of Company Affairs
- Company Secretary Ship Consultancy Firms
- Stock Exchanges
- Financial Management