An Introduction to Company Secretary Course
The Company Secretary Course is offered by the Institute of Company Secretaries of India. It is basically a distance learning course , although very popular among the commerce students. It is a professional course which is not only a reputed one but is very lucrative in terms of salary.
Students who are interested to pursue this course have to undergo different stages of examinations along with some practical training sessions.
- The different stages of examination includes the following-
- CS Executive stage
- How can you get a job after becoming a CS Executive?
- Increasing Importance of CS
- Employment Opportunities for a Qualified Company Secretary
- Pros and Cons of turning into a Company Secretary (CS)
- Company Secretary Salary In India
The different stages of examination includes the following-
- CSEET Programme
- Executive Programme
- Professional Programme
- Management Training
As all of us understand that nowadays, there’s a great emphasis on adherence to norms of efficient corporate governance, hence the demand for Company Secretaries have also risen especially after enactment of Company Act 2013. The role of Company Secretary revolves around the following domains-
- Structure of the company
- Management of the company
- Administration of the company
- Provisions related to conduct of affairs of company
CS Executive stage
CS Executive is the second stage to clear for becoming CS i.e., Company secretary. After the completion of CS Foundation Course (First Stage), there are two more courses to be completed to become CS which are CS Executive & CS Professional. So, the second stage is the CS Executive.
Students can apply for the executive program through the CS foundation route or direct entry route provided by the Institute of Company Secretaries of India. For the direct route, the student must have cleared the graduation in commerce, or CMA foundation program, or CA foundation program to register for the executive level. To appear for the executive program exams, the student must have cleared the Student Induction Program (SIP). Also, they have successfully completed a computer training program as may be specified from time to time by the Council. The institute has not described any age limit to appear in the CS executive program.
How can you get a job after becoming a CS Executive?
No matter whichever course you do, if you do not complete it becomes really difficult for you to get a proper job for starting your career with. In other words, A Company Secretary course is actually a professional course. It has a value to an employer only if you have membership from the Institute of Company Secretaries of India.
We should acknowledge the fact that Company Secretaries are professional with an identity. Qualified Company Secretaries are given a membership no. from the Institute of Company Secretaries of India (ICSI) with which you are eligible to be appointed as Key Managerial Personnel of a Company or can start your own practice and certify your work.
A semi-qualified Company Secretary i.e who has not cleared the professional stage of examination but only passed the executive stage is not a Company Secretary and is not eligible for any of the above.
So even if anybody has good knowledge on the subject, why would a Company hire if that person doesn’t have a membership number from ICS. It simply means that a CS Executive person cannot legally certify the work done by the company.
So , it is quite obvious that a Company would go for a qualified Company Secretary with good knowledge about the subject rather than paying a semi-qualified Company Secretary.
However, there are companies who do hire people because of their knowledge but then they also demand certain sacrifices from the employee which seems hard to the job seeker.
For instance, there is a high chance for a person who is young and hasn’t completed to appear for the next exam for which he may demand leave. This will hamper a company’s day to day work.
Second reason would be the job offer which an unqualified person gets is much less. Job seekers see this as an insult and hence deny that the job offered.
These are a few instances which come in between finding a good job. If you are ready to agree to employer terms it should not be difficult to get a job.
On the other hand, some companies/ LLPs or CS firms do offer jobs to CS Executives based on their previous experiences. They sometimes offer good salary/ remuneration also. These types of job openings are easily available at various job portal sites such as-
And various others
Before you read more, check out these posts:
Increasing Importance of CS
The recent disturbances in the corporate world have shaken the confidence of business professionals particularly shareholders. At present, there is a massive demand for displaying corporate transparency and credibility by organisations in managing their internal affairs. Most companies are carving to retain the confidence of stakeholders.
The top management of the organizations are busy with managing the general working, they hardly get time to mingle with stakeholders and retain/ gain their confidence. In order to tackle that, the organizations/ companies hire qualified and skilled professionals as Company Secretaries.
A company secretary plays a vital role in the smooth functioning of a corporate entity. One can confidently believe that a career as company secretary is not only exciting but also rewarding.
Employment Opportunities for a Qualified Company Secretary
A certified enterprise secretary is able to locating a task within side the public and non-public sectors, monetary establishments and banks. Company secretaries also are required in enterprise regulation boards, numerous authorities departments, Department of Company Affairs etc. Top corporations provide appealing pay applications to enterprise secretaries.
Company secretaries also can start their personal consultancy after acquiring a certificate of practice. Companies with a paid up proportion of Rs. 10 lakh to Rs. 2 crores are required to lease/ hire the offerings of practicing company secretaries for issuing company compliance certificates.
Since these secretaries have big know-how of a huge variety of subjects, they can take in the location of a lecturer/ journeying school in exceptional academic institutes.
Pros and Cons of turning into a Company Secretary (CS)
- The marketplace call for the profession as a Company Secretary is at the upswing.
- The career has an excellent increase in conjunction with outstanding remuneration.
- ICSI now no longer has a whole lot of reputation abroad.
- Since the obligations and roles related to the location are fantastically responsible and visible, there may be steady stress on company secretaries to perform and reach the accepted level of deliverables.
Company Secretary Salary In India
Average Salary Of Company Secretary In India Per Month!!! Those who are looking for Maximum Salary Of Company Secretary they can check from below framed table:
|Particulars||Company Secretary Salary Package|
|Salary||Rs 247,142 – Rs 1,374,138|
|Bonus||Rs 10,022 – Rs 390,555|
|Profit Sharing||Rs 12,671 – Rs 690,428|
|Total Pay||Rs 248,933 – Rs 1,442,945|