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Thursday, February 12, 2009

CS course and its job prospects with study details

  • Regarding the company secretary course, the course conducted by The Institute of Company Secretaries of India (ICSI) has three sections -
  1. Foundation,
  2. Intermediate,
  3. and Final course.

  • The minimum eligibility required for the Foundation course for Company Secretary is 10+2 or an equivalent examination.
  • Other requirements are excellent command over English, both written and oral. At the same time ability to understand, analyse complex and technical issues and exercise accordingly with tact and intelligence are other essentials.
  • Company secretary has a great scope of employment in Private companies, consulting firms, financial institutions, banks, Department of company affairs and other regulatory bodies.
As a qualified company secretary you would have to take up wide range of responsibilities in
  • legal,
  • secretarial,
  • finance,
  • accounts,
  • personnel and
  • administrative departments of companies
  • And be involved in major decisions such as formulating
  • long and short term corporate policies and programmes,
  • managing public issues,
  • act as internal legal advisor and
  • representative,
  • process inter-corporate loans and investments,
  • maintain the company's records,
  • take care of company's tax planning,
  • tax management,
  • tax returns,
  • explore expansion opportunities,
  • arrange collaborations,
  • amalgamations,
  • joint ventures within and outside India etc.

CS Professional Role

  • Hi, CS is a professional whose role in a corporate set up is that of an advisor for legal matters.

  • Handling legal aspects that need to be covered for incorporation, formation, promotion, reorganisation or winding up of a company, are the responsibilities of a Company Secretary.
  • The Student who would like to join the Course after passing the Graduation has to undergo two stages of the Company Secretary ship: Executive and Professional Program.

  • Besides, the student has to undergo Practical Training for about 15 months in Companies sponsored by the Institute after passing the Executive or Professional Program or under the guidance of a Company Secretary in Practice.
  • After qualifying Professional Examination and on successful completion of training a candidate is admitted as an Associate Member of the ICSI.

  • Admission to the CS Course is open throughout the year and exams are held twice a year in June & December. You may visit (www.icsi.edu) for further detail. CFA is trained in financial/investment management and management accounting.

  • Their financial expertise is vast and varied including all aspects of economics, quantitative techniques and security evaluation; as well as financial services, covering project planning, merchant banking services, portfolio management, venture capital and other allied areas.

  • CFA certifications can be done by clearing exams after Class XII run by ICFAI (www.icfai.org). All the best!
MORE ABOUT CS :-
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  • There are three stages to be pursued to qualify as a Company Secretary: Foundation Course, Intermediate Course and Final Course.

  • The Company Secretary Course is by correspondence with provision for optional oral coaching classes.

  • For Foundation Course the minimum qualification is 10+2 or equivalent in any stream except Fine Arts.

  • For Intermediate Course the minimum qualification is CS Foundation Pass or Graduation in any discipline, Arts/Science/Commerce except Fine Arts.

  • The Final Examination is after passing the Intermediate Course. 16 months Management Training is to be undergone after passing the Inter/Final examination or Practical experience.

  • A student shall be declared to have passed the Foundation Examination if he/she secures at one sitting a minimum of 40% marks in each subject and 50% marks in the aggregate of all subjects. The ICSI and its Regional Councils and Chapters offer placement services tomembers and students.

  • Handling legal aspects that are required for incorporation, formation, promotion, amalgamation, reorganisation or winding up of a company, are the responsibilities of a Company Secretary.

  • Depending upon the needs of the company, a Company Secretary is required to handle matters related to central/state sales tax, excise laws, labour laws and corporate laws. A Company Secretary handles matters related to obtaining institutional finance.

  • Responsibilities in this regard would include getting project approvals, obtaining relevant licences and permits, zeroing in on all requirements under the MRTP (Monopolies and Restrictive Trade Practices Act) and FERA (Foreign Exchange Regulation Act) and any other relevant legislation.

  • As a CS employment options are available in government sectors, in bodies like the Bureau of Public Enterprises, government financial institutions and stock exchanges. For complete details on enrolment do check www.icsi.edu.

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