How to become a Company Secretary and what role do they play?

Behind great corporate progress and governance, there is a robust backbone - the Company Secretary.

A Company Secretary plays a very critical role in the success of an organization. A Company Secretary functions as a key point between the shareholders, government, regulatory authorities, the company and its board of directors.

A career as a Company Secretary is prestigious, financially rewarding and gives a high level of job satisfaction.

Career Options available for Company Secretary are –

 ●  Legal, Secretarial, and Company Governance

 ●  Corporate Restructuring

 ●  Foreign Collaborations and Joint Ventures

 ●  Arbitration and Conciliation

 ●  Financial Market Services

 ●  Project Planning

 ●  Capital Market and Investor Relations

 ●  Securities Compliance and Certification Services

 ●  Management Services

There is no denying the fact that CS is one of the best professional career options in our country. Even the people who have their own practice earn handsomely in this field.

How to become a Company Secretary?

To complete the Company Secretary course, you have to clear the three levels of the examination conducted by 'The Institute of Company Secretaries of India' (ICSI) which is the regulatory body governing this course.

The three levels of the CS course are:-

 ●  Company Secretary Executive Entrance Test (CSEET)

 ●  CS Executive Programme

 ●  CS Professional Programme

Let's have a detailed insight of all the three levels:-

Level 1 - Company Secretary Executive Entrance Test (CSEET)

Eligibility 

 ●  A student who has passed or is appearing in 12th exam is eligible to appear in the CSEET exam.

 ●  All graduates or postgraduates are also required to write this CSEET exam for registration to CS Executive Programme.

Syllabus of Company Secretary Executive Entrance Test (CSEET)

CSEET is a computer based exam of 2 hours which is conducted on a single day.

There are 4 subjects in CSEET exam - 

 ●  Paper 1: Business Communication (50 Marks)

 ●  Paper 2: Legal Aptitude and Logical Reasoning (50 Marks)

 ●  Paper 3: Economic and Business Environment (50 Marks)

 ●  Paper 4: Current Affairs (20 Marks), Presentation and Communication Skills (Viva Voce) (30 marks)

Passing criteria

A candidate is declared as passed in the CSEET exam if he/she secures a minimum of 40% marks in each paper and 50% marks in the aggregate of all subjects.

Level 2 - CS Executive course details

Eligibility

All Graduates/ Post Graduates are required to pass the CSEET to become eligible for registration to Executive Programme.

Syllabus of CS Executive Programme

There are 2 Modules within the Executive Programme -

Module I

 ●  Jurisprudence, Interpretation and General Laws (100 Marks)

 ●  Company Law (100 Marks)

 ●  Setting up of Business Entities and Closure (100 Marks)

 ●  Tax Laws (100 Marks)

Module II

 ●  Corporate and Management Accounting (100 Marks)

 ●  Securities Laws and Capital Markets (100 Marks)

 ●  Economic Business and Commercial Laws (100 Marks)

 ●  Financial and Strategic Management (100 Marks)

Passing criteria

A candidate is declared as passed in the CS Executive exam if he/she secures a minimum of 40% marks in each paper and 50% marks in the aggregate of all subjects.

Training

For all CS executive pass students, there is a training requirement for 24 months which needs to done as below -

(a) 1 month EDP (15 days direct and 15 days online mode), and

(b) 21 months practical training in company and PCS, and

(c) Corporate Leadership Development Programme not less than 30 days but not exceeding 60 days as determined by the Institute.

Level 3 - CS Professional Course Details

Eligibility

To pursue the CS Professional Programme, you need to clear the Executive Programme of the CS Course.

Syllabus of CS Professional Programme

There are 3 Modules within the CS Professional course -

Module I

 ●  Paper – 1: Governance, Risk Management, Compliances and Ethics (100 Marks)

 ●  Paper – 2: Advanced Tax Laws

 ●  Paper – 3: Drafting, Pleadings and Appearances

Module II

 ●  Paper – 4: Secretarial Audit, Compliance Management and Due Diligence (100 Marks)

 ●  Paper – 5: Corporate Restructuring, Insolvency, Liquidation & Winding-up (100 Marks)

 ●  Paper – 6: Resolution of Corporate Disputes, Non-Compliances & Remedies (100 Marks)

Module III

 ●  Paper – 7: Corporate Funding & Listings in Stock Exchanges (100 Marks)

 ●  Paper – 8: Multidisciplinary Case Studies (This exam is an open book examination) (100 Marks)

 ●  Paper – 9: 1 paper out of the 8 Elective Papers below - (This exam is an open book examination) (100 Marks) 

          9.1 – Banking - Law and Practice

          9.2 - Insurance - Law and Practice 

          9.3 - Intellectual Property Rights – Law and Practices

          9.4 - Forensic Audit 

          9.5 – Direct Tax Law & Practice

          9.6 – Labour Laws & Practice

          9.7 – Valuations & Business Modelling

          9.8 - Insolvency - Law and Practice

Passing criteria

A candidate is declared as passed in the CS Executive exam if he/she secures a minimum of 40% marks in each paper and 50% marks in the aggregate of all subjects.

So, these are the details of the 3 levels of the CS course. 


After reading the above, we have got details about -

  ● What are the steps involved to become a CS?

  ●  What role does a CS play?


But you might have another important question in your mind - What type of coaching is best to prepare for the CS course levels? 

Nowadays, there are many coaching options available for a student but finding the best one that will ensure a correct guidance throughout your CS exams preparation is quite difficult.

Let me help you to seek out the most suitable option. For that, let us look at the requirements to ensure best coaching and how ‘ProEdge Online Classes’ can be a valuable coaching partner for you in the journey of the CS course -

 ●  Experienced and well-qualified teachers – ProEdge Online Classes have qualified people who have completed/qualified CA/CS/CMA and have corporate and training experience.

 ●  Live classes and doubt clearing sessions – ProEdge coaching is LIVE where students can interact with faculties/trainers as they would do in a physical classroom. Also, for all the online classes, a recording of the LIVE classes is also provided to the students so that students can refer to the class sessions again and again, which is not possible in a physical classroom setup.

 ●  Practical sessions, mock tests – ProEdge provides chapter wise study materials, 5000+ practice questions, Assessments, Mock tests, Previous paper analysis to help students. Revision test papers, suggested answers & ICAI/ICSI/ICMAI institutes MOCK tests.

 ●  Class recordings – ProEdge not only provides chapter wise study materials also class recordings of all the live classes attended by students. 

 ●  Lifetime Validity – ProEdge gives life-time coaching option till students complete a specific level.

 ●  Cost-efficient – The fees charged by ProEdge is almost 20 to 40% lower than the other institutes.

All of the above-mentioned qualities present in 'ProEdge Online Classes' ensure that ProEdge can be a guide to your success in successfully completing the CS course.

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