With globalization and the advent of new companies, the demand for trained professionals, in particular, that of Company Secretary has increased. It is one of the much-coveted, senior-most, and specialized professions, which only a few people can enter. Tasked with an array of responsibilities related to the company like governance issues, securities and exchanges, taxation, etc, the profession is also counted amongst the highest salary jobs for commerce students which offers a very diverse profile. But in order to become one of these business leaders, an individual needs to be a certified Company Secretary and this is possible by pursuing a CS course, one of the popular business management courses.
Being a stepping stone in the journey of being a certified professional, the Company Secretary course is a three-year program offered by a statutory body named, Institute of Company Secretaries of India (ICSI). It is almost similar to other professional programs like ICWA course, CA, etc and consists of three stages, the eligibility of which varies according to the credentials of the candidate. These levels are namely, Foundation Programme, Executive Programme and Professional Programme. To pass these stages, the candidates have to go through a rigorous exam conducted by ICSI. Only the successful candidates get certified as a company secretary and can then work in high-paying jobs.
If you are aspiring to climb the corporate ladder as fast as you can, then this course is just the one for you! Through this blog, we will provide you with all the minute details about the CS course and what it entails.
This Blog Includes:
Who Can Apply For CS Course?
For pursuing the CS course, the regulating body ICSI has set certain guidelines and eligibility criteria for the students according to the level of educational qualification they have achieved. Following is the stage-wise breakup of the eligibility parameters:
- For the senior secondary school level students who have completed their 10+2 years of studies in any discipline except fine arts have to clear all the three stages. Starting from the Foundation Programme and going up to Executive and Professional Programmes, the candidates with this level of education need to clear all the stages to pursue the CS course.
- For the graduate candidates, who have completed their bachelors in any discipline except fine arts are exempted to appear for the foundational program and need to clear the two stages of the CS course namely, Executive Programme and Professional Programme.
Note: The graduate candidates can pursue the professional program only when they clear the Executive level of the CS course.
Syllabus for CS Course
After knowing the basics of the CS course, let us dive deep into what would you study throughout the journey of the program, based on the stage you are in. Given below is the stage-wise list of prominent modules and subjects covered under each program:
This basic level of the CS course typically contains 4 papers, namely-
- Business Environment and Law
- Business Management, Ethics, and Entrepreneurship
- Business Economics
- Fundamentals of Accounting and Auditing
This is the second stage after the Foundation program which imparts a comparatively advanced knowledge of concepts covered in the 1st level of the CS course. Having 8 papers and 2 modules covering 4 subjects each, the table below enlists the subjects the students will cover:
|Module 1(4 papers)||Module 2(4 papers)|
|1. Jurisprudence, Interpretation And General Laws
2. Company Law
3. Setting Up Of Business
4. Entities And Closure
5. Tax Laws
|1. Corporate And Management Accounting
2. Securities Laws And Capital Markets
3. Economic, Business And Commercial Laws
4. Financial And Strategic Management
Professional Programme[optin-monster-shortcode id=”xf2mlnjiouddzrshykdb”]
The last and the most challenging stage of the CS course, the Professional program, contains 9 papers and 3 modules, each covering 3 papers. While the first 8 papers are compulsory, the 9th is an elective wherein the students can choose a subject of their choice from a list of 8 options:
- Governance, Risk Management, Compliances And Ethics
- Advanced Tax Laws
- Drafting, Pleading And Appearances
- Secretarial Audit
- Corporate Restructuring
- Resolution Of Corporate Disputes
- Corporate Funding And Listing In Stock Exchanges
- Multi-disciplinary Case Studies
- [choose 1 out of the list of 8 below written subjects]
|Direct Tax Law And Practice||Labour Laws And Practice|
|Valuations And Business Modelling||Insolvency- Law And Practice|
|Forensic Audit||Insurance Law And Practice|
|Banking Law And Practise||Intellectual Property Rights- Laws And Practices|
Frequently Asked Questions
What are the qualifying marks for the CS course certification?
Once enrolled in the CS course, the candidate is required to secure a minimum of 40% in each paper and at least 50% aggregate in all subjects of Foundation/Executive/Professional program in order to be certified for the CS course.
What is the medium of examination?
The ICSI allows the students pursuing the CS course to take the examination in either in English or Hindi languages, except for the Business Communication subject taught in the Foundation program.
What is the Fee structure for the CS course?
The fee structure for the CS course is as follows:
|Foundation Programme||INR 4,500/-|
|INR 9,000/- for Commerce graduates
INR 12,500/- for CPT passed of ICAI and Foundation passed of ICAI-CMA
INR 10,000/- for Non-commerce candidates
INR 8,500/- for CS foundation passed candidates
|Professional Programme||INR 12,000/-|
When to apply?
The application for the CS course is open round the year and the examinations for each program are held twice a year, that is, June and December. For more information, you can visit the official site of ICSI for the CS course.
Hopefully, we have provided you with all the necessary information related to the CS course. If you are aspiring to become the next big business leader and need a good educational counselling, reach out to us at Leverage Edu where the experts will provide you with the best of mentorship for a bright career ahead. You can also book your 30 minutes free career counselling and get the answers to all your questions!