LIVE GST Certification Course by CA Arun Chhajer begins 21st April. Register Now!!

Query regarding cs

Viswanath K (Analyst) (28 Points)

26 June 2015

Hello everyone,

I am working in a software industry as a Insurance Consultant (Business Analyst),I have done MBA (Insurance and Finance) I would like to any professional course to enhance skills. I heard about Company Secretary course, but what I also heard was after clearing CS (Exective & Professional) one must undergo training under a prescribed Company Secretary. My question is , is it really mandatory ?? How much stipend can be expected,please suggest.

Thanks

Viswanath

Reply
Follow
Share

11 Replies

ACS Anjali Jain (SERVICE - CS) (472 Points)
Replied 26 June 2015

if u want to take a membership of ICSI then it is mandatory to undergo traning

Esha T (Student) (420 Points)
Replied 26 June 2015

Hey.. I have a querry..

If we clear all CS exams and do not undergo practical training, is there any use in taking up CS?

Like, if a person is doing CA or CWA majorly, and takes up CS as a complementary course and later is unable to do the training, wil his CS become useless?

ACS Anjali Jain (SERVICE - CS) (472 Points)
Replied 26 June 2015

no it does not become useless. knowledge which you will get from doing this course will of use in your career.

1 Like

CA,CS Kumar (Head Accounts & Finance) (171 Points)
Replied 26 June 2015

Hmm thats true anjali mem ! Its much more worthful. It increases worth of career as a CA cum CS, and better growth prospects in this competitive world.

CA,CS Kumar (Head Accounts & Finance) (171 Points)
Replied 26 June 2015

And mem i have one query that whether CA articleship useful for having any exemption from cs 15 months articleship ?

Parshuram Shinge (Student CS) (45 Points)
Replied 27 June 2015

Now articleship is for 12 month after professional course.

CA PANKAJ KAPOOR (ICAI Licentiate ICSI CMA (All India Rank Holder)) (191 Points)
Replied 28 June 2015

Greetings of the day!!!

Training is not mandatory in all the cases - you can avail the exemption from training.

Find the attached training guide of ICSI, read chapter 6 for exemption (only experience based - i.e. also in corporates having prescribed paid-up capital and/or asset base or exemption to practicing CA/CMA/Advocate) from training (specifically page 25).

and CA articleship have no worth for sake of availing exemption from CS training.

and After clearing CS-professional exam Student may get him/her self enrolled as licenciate with ICSI (renewed upto five years) (during this five year he/she may can complete training or avail exemption).

With regards

Attached File : 669402 20150628081919 training guide full.pdf downloaded: 158 times

Esha T (Student) (420 Points)
Replied 28 June 2015

Thank you for sharing the info, Sir.

One last Question, what happens if we arent able to undergo training or avail exemption in those five years? Can we do it after those five years or does it get cancelled?

CA PANKAJ KAPOOR (ICAI Licentiate ICSI CMA (All India Rank Holder)) (191 Points)
Replied 29 June 2015

@ Arya - you cann't renew your licentiate after 5 years. means you cann't use sufix of Licentiate Company secretary after your name any more.

Esha T (Student) (420 Points)
Replied 30 June 2015

Thank you so much for the info!

So in all, I should complete the training or gain work experience in that field for a certain number of years within 5 years or else my LCS qualification will be cancelled?

CA PANKAJ KAPOOR (ICAI Licentiate ICSI CMA (All India Rank Holder)) (191 Points)
Replied 01 July 2015

yes absolutely right, for more info you can write to ICSI @ Ms. Meena Bisht, at email id meena.bisht @ icsi.edu or contact at telephone No. 011-45341062 (only licentiate regarding information)