CS Executive is the second stage of the professional course of Company Secretary. The executive stage is basically designed to inculcate skills and competence of executive program passed students. The main objective is to make students capable and competent to act as Secretarial Executive in companies or in professional and consultancy firms).
As we all know that the Company Secretary Course is a distance learning professional course offered by Institute of Company Secretaries of India. It is a professional course which is not only a reputed one rather is very lucrative in terms of salary.
- The different stages of examination includes the following-
- CS Executive Examination Syllabus
- Company Secretary Courses and Specialisation- Executive Programme Papers
- CS Executive Syllabus and Exam Pattern
- Study Plan for CS Executive Examinations Module II
- Some reference books for CS Executive Preparation
- Arrangement Of Study Lessons- Module Wise and Subject Wise
Students who are interested to pursue this course has to undergo different stages of examinations along with some practical training sessions.
The different stages of examination includes the following-
- CS Entrance Examination
- Executive Programme
- Professional Programme
- Management Training
As all of us understand that now a days, there’s a great emphasis on adherence to norms of efficient corporate governance, hence the demand of 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 Examination Syllabus
ICSI CS Executive New Syllabus Study Material : Module 2
| 5. | Corporate & Management Accounting | Part A: Corporate Accounting (40 Marks)Part B: Accounting Standards (15 Marks)Part C: Concept and Principles of Valuation (20 Marks)Part D: Cost & Management Accounting (25 marks) |
| 6. | Securities Laws & Capital Markets | Part A: Securities Laws (80 Marks)Part B: Capital Markets & Intermediaries (20 Marks) |
| 7. | Economic, Business and Commercial Laws | Part A: Foreign Exchange Management & NBFCs (40 Marks)Part B: Competition Law (25 marks)Part C: Business and Commercial Laws (35 Marks) |
| 8. | Strategic and Financial Management– Principles and Techniques | Part A: Strategic Management (40 Marks)Part B: Financial Management (30 Marks)Part C: Information Technology (30 Marks) |
Company Secretary Courses and Specialisation- Executive Programme Papers
CS Executive is the second stage to clear for becoming CS i.e., Company secretary. After the completion of CS Foundation Course (First Stage) and now CS Entrance Test, 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.
Before reading further check out these posts:
The course of Company Secretary is a professional course. The three stages of the course, Foundation, Executive and Professional have different subjects.
Duration of CS Executive Exam
CS Executive Exams are usually held two times in a year i.e. in the months of June & December.
CS Executive Syllabus and Exam Pattern
Before panning to start the preparation, the students must know about the exam details, patterns and syllabus of CS Executive.
| Medium of Exam | English and Hindi |
| Mode of Exam | Pen and paper-based |
| Duration of Exam | Three Hours (180 minutes) |
| Type of Questions | Both Objective and Subjective For Objective papers- 100 MCQ each paperFor Subjective papers- Total 6 questions each divided into 4 parts |
| Total Number of Papers | Total two modules – 4 papers in each module |
| Number of CS Professional Subjects/ Papers | 8 |
| Marking Scheme | 2 marks for each correct answer Negative marking of 0.25 for every wrong answer |
Study Plan for CS Executive Examinations Module II
1. Ensure complete understanding of the CS Study Material
The Institute of Company Secretaries of India (ICSI) provides study material for the candidates preparing for CS Executive exam. Go through those study materials along with some reference books as recommended by experts. Conceptual understanding and correlations among various topics are the best strategies you can adopt while preparing for theoretical topics because everything is correlated. Don’t focus on memorizing, but understanding and analyzing the topic.
2. Practice of making notes
While studying the chapters make short and handy notes of the topics. This will not only help in noting down the important points but also help in remembering the topics for the future. Keep a small notebook handy while studying a new chapter. Focus on writing for theoretical subjects. It will not only improve the writing speed but also help remember the topics easily. Practice as much as you can before the exams, do the writing instead of just learning formulas.
3. Start with a proper Time Table
Prepare a timetable or study routine so that all the CS Syllabus is covered within a given time period. It is necessary to dedicate most of the time to CS Executive exam preparation. The aim should be to complete one chapter at a time. After doing that, refer to the practice manual, scanner, and gauge if the coverage is maximum.
Time tables can be made on a weekly or monthly basis with breakups in between.
4. Setting targets
Set targets for a day that is achievable. Do not set such targets which are impossible to achieve. It will only lead to exam burden and not help in any way. Aspirants must try to finish the entire syllabus at least three months before the main exam. One and a half months should be dedicated for revision. During the revision phase-only go through the previous chapters which are completed, and focus on improving the weaknesses
5. Analysing the actual performance very week
Analyze every week’s target and check if there are any backlogs. Monitor the effort put in and revise the schedule accordingly.
6. Never Do following-
- Never go with selective topics, go through each and every concepts and chapter thoroughly.
- Never refer old study material. Before every attempt, you can find all the supplements, practice paper, ICSI Study Material, amendment of all sorts in every subject
- Try to finish your revision beforehand, do not leave anything undone or partly done. Time management is the key.
Some reference books for CS Executive Preparation
- Shuchita Prakashan Scanner CS Executive Programme (Green Edition) Paper-5 Corporate And Management Accounting for June 2021 Exam
- Shuchita Prakashan Scanner CS Executive Programme (Green Edition) Paper-6 Securities Laws And Capital Market for June 2021 Exam
- Solution Securities Laws and Compliance
- Shuchita Prakashan Scanner CS Executive Programme (Green Edition) Paper-7 Economic, Business And Commercial Laws for June 2021 Exam
- Shuchita Prakashan Scanner CS Executive Programme Module-II (2017 Syllabus) Paper-7 Economic, Business And Commercial Laws (Applicable For June 2021)
- Strategic Financial Management
- Shuchita Prakashan Scanner CS Executive Programme (Green Edition) Paper-8 Financial And Strategic Management for June 2021 Exam
Arrangement Of Study Lessons- Module Wise and Subject Wise
| Module 2 | |
| Module-2 Paper-5Corporate and Management Accounting | Part I : Corporate Accounting 1. Introduction to Financial Accounting2. Introduction to Corporate Accounting3. Accounting for Share Capital4. Accounting for Debentures5. Related Aspects of Company Accounts6. Financial Statements Interpretation7. Consolidation of Accounts as per Companies Act, 20138. Corporate Financial Reporting9. Cash Flow Statements10. Accounting Standards (AS)11. National And International Accounting Authorities12. Adoption, Convergence and Interpretation of International Financial Reporting Standards (IFRS)and Accounting Standards In India. Part II : Management Accounting and Valuation 13. An Overview of Cost14. Cost Accounting Records & Cost Audit Under Companies Act, 201315. Budget, Budgeting and Budgetary Control16. Ratio Analysis17. Management Reporting (Management Information Systems)18. Decision-Making Tools19. Valuation Principles & Framework20. Valuation of Shares, Business And Intangible Assets21. Accounting for Share-Based Payments (Ind AS 102)22. Methods of Valuation |
| Module-2 Paper-6Securities Laws and Capital Markets | Part I – Securities Laws 1. Securities Contracts (Regulations) Act, 19562. Securities and Exchange Board of India Act, 19923. Depositories Act, 19964. An Overview of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 20185. An Overview of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 20156. An Overview of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 20117. SEBI (Buy-Back of Securities) Regulations, 20188. SEBI (Delisting of Equity Shares) Regulations, 20099. SEBI (Share Based Employee Benefits) Regulations, 2014 – An Overview10. SEBI (Issue of Sweat Equity) Regulations, 2002 – An Overview11. SEBI (Prohibition of Insider Trading) Regulations, 201512. Mutual Funds13. Collective Investment Schemes14. SEBI (Ombudsman) Regulations, 2003 Part II – Capital Market and Intermediaries15. Structure of Capital Market16. Securities Market Intermediaries |
| Module-2 Paper-7ECONOMIC, BUSINESS AND COMMERCIAL LAWS | Part I: Foreign Exchange Management and NBFCs 1. Reserve Bank of India Act, 19342. Foreign Exchange Management Act, 19993. Foreign Exchange Transactions & Compliances4. Foreign Contribution (Regulation) Act, 20105. Foreign Direct Investments – Regulations & FDI Policy6. Overseas Direct Investment7. Liberalized Remittance Scheme8. External Commercial Borrowings (ECB)9. Foreign Trade Policy & Procedure10. Non-Banking Finance Companies (NBFCs)11 Special Economic Zones Act, 2005 Part II : Competition Law12. Competition Act, 2002 Part III : Business & Commercial Laws Consumer Protection13. Consumer Protection Act, 1986:14. Essential Commodities Act, 195515. Legal Metrology Act, 2009Property Law16. Transfer of Property Act, 188217. Real Estate (Regulation and Development) Act, 2016Anti-Corruption Laws18. Benami Transaction Prohibitions (Act)19. Prevention of Money Laundering Business Laws20. Indian Contracts Act, 187221. Specific Relief Act, 196322. Sale of Goods Act, 193023. Partnership Act, 193224. Negotiable Instrument Act, 1881 |
| Module-2 Paper 8FINANCIAL AND STRATEGIC MANAGEMENT | Part I: Financial Management 1. Nature, Significance and Scope of Financial Management2. Capital Budgeting3. Capital Structure4. Sources of raising Long term Finance and Cost of Capital5. Project Finance6. Dividend Policy7. Working Capital8. Security Analysis9. Portfolio Management10. Practical Problems and Case Studies Part II: Strategic Management 11. Introduction to Management12. Introduction to Strategic Management13. Business Policy and Formulation of Functional Strategy14. Strategic Analysis and Planning15. Strategic Implementation and Control16. Analysing Strategic Edge |