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> Career Options
> Career Descriptions
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A Company Secretary's service is very much important for a company’s management The work of a company secretary covers a wide variety of functions, he acts as a vital link between the Company, the Board of Directors, shareholders and governmental and regulatory agencies. He is a compliance officer of the company as well as Corporate Planner and Strategic Manager. Company secretaries, with their multidisciplinary background and rigorous training attained in law, management and finance, are involved in major decisions such as formulating long and short term corporate policies and programmes, accounting and finance functions. Apart from carrying out these functions he also looks after finance, accounts, legal, personnel and administrative functions. Company Secretary is required to handle matters related to central/state sales tax, excise laws, labour laws and corporate law. In essence, a company secretary is a specially designated officer whose duty is to ensure compliance of various legislations. Company Secretaryship course is divided into three parts Foundation, Intermediate and Final. This course is a mixture of postal tuition, optional coaching classes and regular examinations at specified centers. Candidates who have passed senior secondary (10+2) can apply for the foundation course. Graduates, post-graduates (excluding fine arts) and who passed final exam of ICWAI or ICAI or of any other accountancy Institution in India or abroad recognised by the Council of the Institute can directly enroll to the intermediate course without doing foundation course. Candidate who passed the Intermediate exam can apply for final course.
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The Company Secretary Course is conducted by The Institute of Company Secretaries of India (ICSI) has three sections -Foundation, Intermediate, and Final course. The minimum eligibility required for the Foundation course for Company Secretary is 10+2 or an equivalent examination. Candidate who has enrolled for the 10+2 examination can apply with the proof of passing the examination within 6 months. Candidates who have passed the Foundation Course, and are not less than 17 years of age can apply for the Intermediate course. Graduates, post-graduates (excluding fine arts) and those who have passed final exam of ICWAI or ICAI or of any other accountancy Institution in India or abroad recognised by the Council of the Institute can directly enroll to the intermediate course without doing foundation course. A registered student is required to complete the Intermediate and the Final examination within the registration period. After passing the intermediate course a registered candidate can apply for the Final course.
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Company secretary has a great scope of employment in Private companies, consulting firms, financial institutions, banks, Department of company affairs and other regulatory bodies. Almost every kind of organisation whose affairs are controlled by boards or councils and other corporate structures be it a co-operative society, association, federation or statutory authority, finds it beneficial to appoint a qualified company secretary. A qualified company secretary is a competent enough to take up wide range of responsibilities in legal, secretarial, finance, accounts, personnel and administrative departments of companies or other organisations in the private and the public sector. they are even foraying in capital markets and financial services industry. Their assistance in administration, management, planning and general running of the company makes them the company's chief administrator. The salary of Company Secretary or Secretarial Officer depends upon his/her experience. The remuneration of a salaried CS professional in corporate sector is very high. The salary varies between Rs.25, 000 and 1.5 lakhs per annum. Individual with a CS qualification is treated the same with a person having MBA qualification in Finance. The CS professionals are also appointed as financial advisor in big companies. |
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