Career Path as a Company Secretary: Roles and Responsibilities
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Company Secretary - Eligibility | Roles and Responsibilities | Top colleges
The job of Company Secretary (CS) is really a high post in both the private or governmental sector. Company Secretaries are awarded the designation, which is a globally recognised professional credential. Government Agencies, often called Legal Officials or Chartered Secretaries, are amongst the Key Managerial Personnel (KMP) jobs. Because of the ever-increasing compliance requirements as well as the significance of financial regulation around the world, it is regarded as having been one of the fastest-growing and also most rewarding professions in the business world. Corporate secretaries are employed in nearly every industry. They provide legal advice to a company’s shareholders on all legal matters.
Amongst business undergraduates, Company Secretary is amongst the most effective organisations. This program is available to students from across all fields of study. The 15-month Company Secretary course includes a practical experience component. This is a distant learning programme that teaches academic and professional skills.
Business experts’ enthusiasm has been damaged by modern management turbulence. The majority of businesses strive to maintain stakeholder trust by demonstrating corporate openness and trustworthiness. Company secretaries are essential to a corporation’s seamless operation.
Company Secretary Course Highlights
|Type of examination||Based on a programme|
Program for beginners:-
Exams for grades 10+2
Program for executives:- Bachelor's degree or a foundation programme
Professional training:- Program for executives
|Admissions Procedure||Entrance Exam/Merit-Based Admissions|
|Fees for the course||
Rs. 3600/- for the foundation programme
Rs. 7000/- for the executive programme
Rs. 12,000 for a professional curriculum
|Salary Aggregate||Rs. 2,50,000 – 8,00,000|
Company Secretary Skills
A Business Secretary is in charge of enforcing company rules as well as ensuring that all required returns are filed on time. He must communicate with staff and establish a basis of communication, which makes his job challenging. He must be watchful at all times in order to do his job. The qualities listed below are essential and appropriate for the position of Company Secretary.
Why Study Company Secretary?
The Company Secretary Program is a ground-breaking program with numerous benefits. After successfully finishing this program, you will be offered competitive prices. In both the corporate and government sectors, there is a huge demand for company secretaries. Because CS is a prominent subject, it provides candidates with possibilities in high-level positions.
Company Secretary (CS) Eligibility
Foundational, middle, and last are the three stages that go toward becoming a company secretary. Company Secretary Careers are open to those who have completed Class 12 in any subject and have a strong desire to succeed in the industry. The Indian Institute of Company Secretaries is a professional organisation that represents company secretaries in India (ICSI).
|12 th Class||After completing Class 12, students should enrol in the ICSI Certificate program. Bachelors and postgraduates (with the exception of Fine Arts students) can register at the Intermediate level right away.|
|After final Exam Course||After completing an Extra or Advanced level course, professional preparation is necessary.|
|Beginning and last level Exam||As students who take programs in Company Secretary, a most significant part is learning. As during Beginning level and following the last level results, students were required to take short-term training courses.|
Learners that pass the ICSI Introductory courses are qualified to take the ICAI Final Exam.
After achieving Assistant Company Secretary status, a Company Secretary’s employment can start.
Company Secretary: Admission Process
There is no one-size-fits-all approach to getting into the CS programme. Students are admitted to some institutions based on their academic performance. For entrance to all the other corporate secretarial programmes, the ICSI administers admission exams. For entrance to a CS program, there are a few processes that must be fulfilled.
Company Secretary Levels
The CS Program is grouped into three stages, one of which includes a distinct syllabus and lasts for a varied amount of time.
|Grade||Company Secretary Course Duration|
|Basic course||8 months|
|Course for Intermediate/Executive Personnel||9 months|
|Professional/Final Course||15 months|
Company Secretary Syllabus
For each program, the corporate secretary program is broken into modules with the following subjects:-
|CS Foundation is a programme for students who want to learn more about|
|Legal and the Economic Environment||Accountancy and Auditing Principles|
|Economists in the Workplace||Leadership, morality, and entrepreneurship are all important aspects of business.|
CS Executive program
|First module||Second module|
|Legal Framework for Businesses||Accounting for Business and Management|
|Fundamental Laws, Philosophy, and Interpreting||Financial Sector and Securities Law|
|Incorporation and Dissolution of Corporations||Management of money and strategy|
|Laws Concerning Income Tax||Laws governing economics, commerce, and business|
CS Professional program
|Module I||Module II||Module III|
|Managing of Administration, Risk, Regulation and Ethics||Audit of the Secretariat||Corporate Financing & Stock Market Listings|
|In-Depth Tax Laws||Reorganization in the Workplace||Viewpoints that span several disciplines|
|Organisational Performance & Practice: An Advance Course||The auditing of information technology||Tax Policy & Practising: Advanced|
|Due Diligence, Management Processes, and Secretarial Audit||Managing the Financial Treasury and Foreign Exchange||Preparation of documents for court appearances and judicial proceedings|
|The Insolvency and Reorganization of Corporations||Ethics, democracy, and sustainability are interconnected.||Optional|
|Preparation and presentation of documents for court proceedings||Business Conflict Resolution||Optional|
Company Secretary Training
|Program for New Students||7 days||In order to get anything done for the tests for the both courses, this induction should be completed during 6 months of enrolling throughout the Executive programme.|
|Computer Training Course that Is Mandatory||70 hours||To be eligible to apply for such an Executives Programme, you must complete this course.|
|Program for Executive Development||8 days||After completing the management course and before the 15-month training, this should be completed.|
|Course for Professional Growth||25 hours||As during the 15-month programme, it should be followed.|
|Professional Development or Management||15 months||After completing the Executives or Professionals Course, more training is required. Training will be completed with ICSI Institute-registered businesses and under the supervision of a Company Secretary in Practical.|
|Work Experience||3 months||It is continued only when the applicant has completed the professional programme and has already been exempt from the Company Secretaries Guidelines, 1982, which require the applicant to complete 12 months of practice.|
|Business Training With A Focus||15 days||After finishing SIP, EDP, a technical programme, as well as a 15-month training course, it can be followed. The education might be completed at the Registrar of Companies (ROC), a commercial or financial organization, a stock market, or a business services company.|
|Management Process in Managerial Skills||15 days||Candidates who are totally or partially exempt from instruction and also have filed the necessary paperwork to comply with the 1982 rule are eligible to apply. After only completing a technical course, an EDP, and a 15-month training course may this course be undertaken.|
Top colleges for Company Secretary
The following are also some of the best Colleges for Company Secretary in India:
|National Institute for Research and Development (NIRF)||University Name||Yearly Company Secretary Course fees|
|2||Hindu College, New Delhi||INR 30,000|
|3||Presidency College, Kolkata||INR 1700|
|6||Loyola College, Chennai||INR 20,000|
|7||Shri Ram College of Commerce (SRCC), New Delhi||INR 60,000|
|9||Hansraj College, New Delhi||INR 35,000|
|13||Madras Christian College, Chennai||INR 30,000|
|39||St. Joseph’s College Bangalore||INR 1,50,000|
Company Secretary Job Responsibilities
Throughout the sector of company secretaries, there seems to be a promising future. In the industry and government, company secretaries are also on an elevated trend. Users could work for the stock market, corporate relations, the legislation committee, or numerous government agencies. You simply need to acquire company secretary Roles and Responsibilities whether you have improved interaction, teamwork, problem-solving, and strategic thinking.
Company Secretary Salary and Job List
Candidates who seem to be interested in the economic and accounting elements of every corporation are more likely to enrol in a company secretary training program. Each of the 3 tiers of the Company Secretary program offers a variety of options.
Company secretaries might operate as independent contractors or in commercial, municipal, or government organizations. Every firm must have a company secretary who can assist the CEO, CFO, and shareholders or executive board with legal, economic, operational, and representational matters.
Inside the professional world, the Computer Science (CS) course opens many doors. Professionals who desire to develop their skills and improve their salaries will find it handy. After finishing the program, candidates might pursue a career as a teacher. The student pays about.
Salary Based on Prior Work Experience
|Experience in the Workforce||Experience in the Workforce Salary Averages for the Year|
|Experienced||Rs. 6.5 LPA|
In terms of specialisation,
|consultant in company||Rs. 9.86 LPA|
|Investment Manager||Rs. 9.4 LPA|
|role of marketing manager||Rs. 7.17 LPA|
|Office Manager||Rs. 7.8 LPA|
|Consultant in Economics||Rs. 3.6 LPA|
|Share Broker||Rs. 3.50 LPA|
Types of Job Roles Company Secretary
Examine the various roles that a Company Secretary can perform. A Company Secretary roles and responsibilities include the following:
Employment Opportunities for Company Secretary
A competent company secretary may work in government, private industry, commercial institutions, and banking. After earning a certificate of practice, company secretaries can start their own individual consulting firm. They’re also needed by business law committees, government agencies, and the Secretary of Listed Companies.
Businesses with a paid-up share capital of Rs. 10 lakhs to Rs. 2 crore must employ a company secretary to provide compliance management certification. In several academic establishments, company secretaries may work as lecturers/visiting professors. People know quite a lot about a lot of different things.
CS vs. CA: What's the Difference?
The differences here between CS and CA courses were seen in the table below.
|Introduction||A cost-cutting specialist (CS) is a professional who consults the boards and assists with the formulation of accounting and business plans.||A company's accountancy is maintained by a CA who was accountable for minimizing the risk, damages, and managing the corporation's accountancy. They examine taxes and assist businesses on investment decisions.|
|Full Name||Company Secretary||Chartered Accountant|
|Stages||3 Stages||3 Stages|
|Fees||25,000 Rs||50,000 Rs|
|Salary||Rs. 3 - 8 LPA||Rs. 5-15 LPA|