CAREER AS COMPANY SECRETARY HOW TO BECOME A COMPANY SECRETARY?

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Presentation transcript:

CAREER AS COMPANY SECRETARY HOW TO BECOME A COMPANY SECRETARY?

What exactly is the role of Company Secretary? A Company Secretary:  Ø Is a vital link between the company and its Board of Directors, shareholders, government and regulatory authorities  Ø Ensures that Board procedures are both followed and regularly reviewed and provides guidance to Chairman and the Directors on their responsibilities under various laws  Ø Commands high position in the value chain and acts as conscience seeker of the company

What exactly is the role of Company Secretary?  A Company Secretary being multidisciplinary professional renders services in following areas:  · Corporate Governance and Secretarial Services  · Corporate Governance Services  · Corporate Secretarial Services  · Secretarial/Compliance Audit and Certification Services  Ø Corporate Laws Advisory and Representation Services

What exactly is the role of Company Secretary?  · Corporate Laws Advisory Services  · Representation Services  · Arbitration and Conciliation Services  Ø Financial Markets Services  · Public Issue, Listing and Securities Manager  · Takeover Code and Insider Trading  · Securities Compliance and Certification Services  Ø Financial and Accounting Services  Ø Taxation Services

What exactly is the role of Company Secretary?  International Trade and WTO Services  Ø Management Services  · General/Strategic Management  · Corporate Communications and Public Relations  · Human Resources Management  · Information Technology

What are the stages to be pursued to become a Company Secretary? There are three stages to be pursued to qualify as a Company Secretary:  1) Foundation Course  2) Intermediate Course &  3) Final Course

What is the eligibility to join Foundation Course? Pass in 10+2 Examination Or its equivalent in any stream Students who have appeared/Enrolled themselves for appearing in the Senior Secondary Examination are eligible for provisional admission. The proof of Passing the +2 examination is required to be furnished to the Institute within 6 Months of the provisional Admission.

Any Pass percentage is required to get admission to the Foundation Course? A Pass in the +2 or its equivalent examination is eligible for admission. No restriction with regard to minimum percentage of marks for seeking admission being a distant learning program.

Can A student pursue any other academic course while pursuing the CS Course ? Yes, the Institute has no objection if you pursue any other course while being student of Institute of Company Secretaries of India.

What are the Subjects for the Foundation Course? a) English & Business Communication b) Basic Economics and Business Environment c) Financial Accounting d) Elements Of Business Laws and Management e) Information Systems and Quantitative Techniques

Who are exempted from foundation course?  A candidate possessing any of the following qualifications or any other qualifications recognised by the Council of the ICSI with the approval of the Central Government as equivalent thereto, is exempted from passing the Foundation examination  A Degree or master's degree in Corporate Secretaryship or Commerce  Pass in the Final examination of the Institute of Cost and Works Accounts of India(ICWAI) or the Institute of Chartered Accountants(ICAI) of India or any other Accountancy Institution in India or abroad recognised as equivalent thereto by the Council: or  A degree or master's degree in any discipline other than Fine Arts.

What are the Subjects for the Intermediate Course? Group-I 1. General and Commercial Laws 2. Company Accounts and Cost & Management Accounting 3. Tax Laws 4. Management Information Systems and Corporate Communication  Group-II 5. Company Law 6. Company Secretarial Practice 7. Economic Labour and Industrial Laws 8. Secretarial Laws and Regulation of Financial Markets

What are the Subjects for the Final Course:? Group-I 1. Advanced Company Law and Practice 2. Secretarial Practice relating to Economic Laws and Drafting and Conveyancing 3. Secretarial, Management and Systems Audit  Group-II 4. Financial, Treasury & Forex Management 5. Corporate Restructuring - Law and PracticeI 6. Banking and Insurance - Laws & Practice

What are the Subjects for the Final Course:?  Group - III 7. WTO - International Trade, Joint Venture and Foreign Collaborations 8. Direct and Indirect Taxation - Law and Practice 9. Human Resource Management and Industrial Relations  (The Institute provides comprehensive study material for all the subjects at the time of admission. The institute allows the option of writing the examination in English or Hindi Medium. Students can submit can submit the response sheets to the test papers under compulsory postal tuition scheme in Hindi as well, if they so desire.)

DURATION OF COURSE  What is the Duration of the Foundation Course?  Ans: 8 Months  What is the Duration of the Intermediate Course?  Ans: 9 Months  What is the Validity of Admission to foundation Course?  Ans: 3 Years What is the Validity of Registration to C.S. Course?  Ans: 5 Years

Which is the Last date for seeking admission to the Foundation Course?  Admission is open throughout the year. However cut off Dates are available viz., For appearing in June Exam - 30th Sept. of previous year and, for appearing in Dec. Exam - 31st March of the same year.

How much is the Fees for Foundation Course? Registration Fee Rs 1000 Postal Tuition Fee Rs Total Fee Rs %Fee concession given to SC/ST candidates

How much is the Oral Coaching Fees for Foundation Course? Oral tuition Fee is about Rs.4000 (It varies from OT Centre to OT Centre )

What are the Qualifying Marks in the Examination? For passing all the stages, students are required to obtain 40% marks in each paper and an aggregate of 50% in all papers. The Institute also awards prizes, rank certificates, merit scholarships to the meritorious students based on their performance in the Institute ’ s examination and Merit-cum- Means assistance to the economically weaker students

What is the Career Prospects for Company Secretaries in employment and in practice? A qualified Company Secretary has openings both in employment as well as In Practice:  Employment  Ø Companies with a paid-up capital of Rs.2 crore or more are statutorily required to appoint a whole time Company Secretary  Ø All companies seeking listing on stock exchange are required to appoint a whole Company Secretary who is a member of the ICSI  Ø Every kind of organization whose affairs are conducted boards, councils and other corporate structures, be it a cooperative society, trust, society association, federation, authority, commission, board or the like, finds it useful to appoint a qualified company secretary in key administrative position.

Career Prospects for Company Secretaries in employment and in practice  Practice  Ø After obtaining a Certificate of practice from the Institute. Members of the Institute can take up independent practice.  Ø A Company Secretary in Practice has been authorized to issue certificates and attest documents under:  Ø Companies Act  Ø Securities Laws  Ø Exim Policy  Company Secretaries in Practice also render following Services:  Ø Corporate Governance and Secretarial Services  Ø Corporate Laws Advisory and Representation Services  Ø Financial Markets Services  Ø Finance and Accounting Services  Ø Taxation Services  Ø International Trade and WTO Services  Ø Management Services

ADDRESS FOR COMMUNICATION  Eastern Region 3-A, Ahiripukur,Ist Lane Near Beck Nursing Home Kolkata Ph , , (STD Code 033) Fax ; GUWAHATI(NORTH EAST) "Satyadip", Dr S K Bhuyan Road Dighalipukhuri East Guwahati Ph (STD No.0361)