How to become a company secretary in 2022 | what is the scope of a company secretary

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How to become a company secretary in 2022 | what is the scope of a company secretary

All you need to know about CS(Company Secretary)

Being a CS, the professionals are required to know everything about the company, the companies’ directors, and its shareholders to know if all the laws, rules, and regulations are being followed by the company. After the incorporation of companies by a CS, the CS is supposed to be the liability and the primary officer of the company. The Company Secretary’s job will act as a bridge between the company and the legal authorities.

In this blog post, we will run through all the information about CS, eligibility, steps to become a CS, company secretary jobs, company secretary syllabus, and much more. 

What is a CS(Company Secretary)? 

The Company Secretary (CS) is the designated officer of a company who is responsible for maintaining the company’s records and acts as a representative for the company in any legal or official matters. When it comes to company secretary jobs, a CS is appointed by the board of directors and is responsible to the board. 

Though the role of the CS is not legally mandatory, it is required by the laws of most countries. The company secretary’s job role is to take care of the day-to-day activities of the company. The CS maintains corporate records, prepares minutes of the meetings, and keeps the shareholders informed about the business of the company. In a company secretary job, a CS performs his/her duties under the direction of the board of directors.

Company Secretary Syllabus Details 

In the below table, you can find the Company Secretary Syllabus details as well as the company secretary course details.

CS Foundation Program Structure 

Paper 1: Business Environment and Law
Paper 2: Business Management, Ethics, and Entrepreneurship
Paper 3: Business Economics
Paper 4: Fundamentals of Accounting and Auditing
CS Foundation Program Structure 

CS Executive Program Structure

Module 1 Module 2
Jurisprudence, general laws, and interpretation Corporate and Management Accounting
Setting up of business entities and closure Economic, business, and commercial law
Company law Securities Law and capital market
Tax laws Financial and strategic management
CS Executive Program Structure

CS Professional Program Structure

Module 1 Module 2 Module 3
Governance risk management, compliances, and ethics Secretarial audit, compliance management, and due diligence  Corporate funding and listing in stock exchanges
Advance tax law Corporate restructuring, insolvency, liquidation, and winding up Multidisciplinary case studies
Drafting pleading and appearances Resolution of Corporate Disputes, noncompliances, and remedies Elective. You can select one paper out of 8 available choices. 
CS Professional Program Structure

Company Secretary Jobs: How to become a CS? 

A student must have to satisfy a few criteria to be eligible for pursuing the CS course and to get company secretary jobs. They are, 

  • After 12th: If you have just completed your 12th, you can go ahead and apply for the first level of the CS course, which is the Foundation program. Students of all majors can apply for this course. 
  • After graduation: If you want to become a CS after your graduation, you can apply for the next level which is the executive program director, and continue with a further level of the professional program. Students from all fields are eligible for this except fine arts. 

Company Secretary Jobs: How to apply for admission?

  • Company secretary aspirants can enroll at ICSI throughout the year, though the main entrance exam for company secretaries is conducted twice a year in June and December. 
  • Candidates who would like to take their exam in December of that year should enroll by March 31st; candidates who would like to evaluate their skills during the following year’s exams should enroll by September 30th.
  • In order to enroll in the Executive Programme, one must register by February 28 for appearing in both modules in the December exam during the same year or by August 31 for appearing in them during the June exam next year. 
  • If you’d like to take either module at its own pace over two years then you’ll have to be enrolled by November 30. In order to pass a certain level of the Foundation, Executive, or Professional Programme you must receive 40% or 50% within a single sitting.

Highlights in a table form 

Enroll on 31st March to appear for examination in December of the same year.  Foundation program admission structure
Enroll on 13th September to appear for an exam in June of next year. 
Enroll on 28th February to appear in both module exams in December in the same year Executive program admission structure
Enroll on 31st May to appear in single nodules in December of the same year
Enroll on 31st August to appear in both modules in the exam in June of next year.
Enroll on 13th November to appear in a single module of examination in June of next year
Highlights in a table form 

CS Entrance exam fees

CS executive entrance test fees 1200 INR per module  50% fees concession for SC/ST, physically handicapped, retired personnel of Defense Services, and students from the Northeastern States, Himachal Pradesh, Andaman & Nicobar, and Lakshadweep 
CS foundation program entrance test fees 1200 INR
CS professional program entrance fees 1200 INR per module
CS Entrance exam fees

General instructions for CS examination

  • CS exam will be conducted both in English as well as in Hindi medium.
  • Students have to secure a minimum of 40% mark in each paper and 50% mark as a total in all subjects to pass the exams.

One of the key responsibilities of a company secretary is to ensure that all of the documentation is up to date and accurate. In addition, they also have to keep a record of all of the important information and make sure it’s safe and accessible. 

In a Company Secretary’s job, the role is to make sure that all of the legal information for the company is up to date. They also have to liaise with the shareholders and other interested parties who have a financial interest in the company.

Company secretary job profiles

If you have successfully cleared the CS course you will be given a job profile according to the below profiles,

  • Assistance to the board of directors
  • Corporate policymaker
  • Company register
  • Chief administrative officer
  • Legal advisor
  • Principal secretary
  • Chairman
  • Corporate planner
  • Managing Director
  • Administrative assistant
  • Investor capital market relations
  • Administrative secretary
  • Content Coordinator

Scope of Company Secretary Government job 

There are a lot of potential opportunities out there for people who want to become corporate secretaries at some point in their lives as long as you’re willing to put in the work and make sure your resume is presentable. 

The role presents huge opportunities for individuals in law, compliance, business, finance, and even government with the ability to provide services independently or to companies as dedicated secretaries who can support their clients in day-to-day tasks like accounting, tax filing incorporation processes, or even give legal advice when needed. They can also work in a number of companies that collaborate with the private sector as well as government sectors. 

Final words

A company secretary job is crucial in any company. As a company secretary, you will be responsible for a number of duties, but primarily you will be serving as the main official contact point between the company and the government. 

A Company Secretary is accountable for the actions of the company and ensures that the company is meeting all of its legal and regulatory requirements of the company. A company that does not have a role for a company secretary job is not permitted to do business and is considered non-compliant. In order to operate a business, the company must have a CS. Get in touch with the team to know more about combinations of CS and foreign professional courses such as CMA USA, ACCA, CPA, FRM, and CFA by filling out the inquiry form here.

Frequently asked questions 

1. What is the scope of a CS (company secretary) course in India?

As most companies need a CS to make the company function legally and efficiently, the scope of CS in India is last and the salary will be competitive. 

2. How is life after becoming a company secretary?

Another thing that makes CS jobs unique is that they are not assigned heavy projects or tight deadlines; instead, they can balance out their professional responsibilities with family life by fitting in appointments as necessary during their working hours. A career as a company secretary can be very rewarding both personally and financially.

3. How can the company secretary course be cleared?

You can clear the CS exam in your first attempt if you follow well-crafted study material. Also, you can prepare by setting targets and with constant practice. 

4. Can a company secretary (CS) do a business of his own?

A company secretary can go ahead and work independently if they obtain a certificate of practice from the ICSI institute. 

5. Is the company secretary tough to pass out?

Most of the CS papers are theoretical and it makes the most difficult for the majority of the aspirants. However, with proper guidance and preparation, you can clear the CS exam. 

6. How long does it take to complete the company secretary exam?

The CS exam is conducted by the Institute of Company Secretaries of India(ICSE) and it is a 3 years professional course. 

7. Is a company secretary’s study practical or theoretical?

The company secretary exam is a combination of both practical and theoretical. However, most of the subjects are more theoretical in nature. 

8. How to pursue company secretary after 12th commerce?

After 12th Commerce, you can enroll in the Company Secretary foundation program that has 8 months of duration and pursue a future level of courses. 

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