The Institute of Company Secretaries of India (ICSI) under the Company Secretaries Act, 1980 is offering Company Secretary Course which is a is a high professional course to develop and regulate the career of Company Secretaries in India. As per Section 383A of the Companies Act, 1956, all companies having paid up capital of Rs.2 Crores and above have to compulsorily appoint a whole time Company Secretary. Company Secretary Course gives you knowledge and understanding of the modern practice in corporate financial and legal affair.
Career Prospects
As per the Companies Act 1956, a statutory requirement is that big companies are required to appoint a Company Secretary while the small companies are required to engage the services of a CS in whole time practice. A full time qualified company Secretary is require for those companies who wants to seek listing in stock exchange. Hence, there are ample career opportunities for Company Secretaries. A Company Secretary can aspire to get employment opportunities in government accounts as well as in law departments. Most of the qualified company secretaries can find well-paid positions in the public sector and corporate sector, banks and financial institutions, stock exchanges, company law boards and government departments.
Eligibility :
One can become a company secretary only after passing the final examination conducted by the Institute of Company Secretaries of India, ICSI House, 22 Institutional Area, Lodhi Road, New Delhi 110 003. CS course can be pursued in two ways. If you want to pursue the course after graduation, then you need to have a minimum degree of commerce with 50% marks. If you are a Science or Arts graduate, then you should have scored a minimum of 60% or more at the graduation stage, other graduates are eligible if they have an aggregate of 65% or more at the graduation stage. Those who do not have the minimum entry required or who want to pursue the course immediately after their class 12th examination have to appear in the Foundation Exam conducted by the institute. The Examination is conducted two times per year and all the required course material is given by the institute. This is one of the most cost effective courses in the field of corporate law and finance.
Course Offering Institutes :
The Institute of Company Secretaries of India (ICSI) is a recognised professional body formed to develop and regulate the profession of Company Secretaries. It is the only institutes which offers this course and awards the certificate donate the designation of Company Secretary to a candidate qualifying for membership of the institute. The institute has its headquarters at New Delhi and has four regional offices at Calcutta, Delhi, Chennai and Mumbai.
Remuneration :
CS’s are highly paid professionals. The boom in the economy has led to further demand for the professionals. They are needed in various sectors and industries such as manufacturing, service, as also in financial sector, capital market, banking etc. Today a junior CS can expect a starting pay of Rs.25000/- and more and it can go up to 50000/- within 2-3 years of experience. Most of the companies pay a very good premium to the qualification and offer incentives to retain the right people. Company secretaries preferring foreign companies can have even higher. Besides this privately practicing C.S are also getting good returns depending upon numbers of clients they have.
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