Career as a Professional course...

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CAREER AS A COMPANY SECRETARY

Introduction

 

The Institute of Company Secretaries of India(ICSI) is a premier National Professional body established by Act of Parliament to develop and regulate the Profession of Company Secretaries.

 

ICSI imparts training in Company Secretaryship by Distance Learning (by correspondence) enabling students to qualify as Company Secretaries. The Institute provides “Course Material” for all the subjects at the time of Registration. There is also provision for Optional Oral Coaching classes.

Career as a Company Secretary is not only prestigious and  financially rewarding  but also carries  with  it a high level of job satisfaction.

Stages to become a Company Secretary

The student who would like to join the Course after 10+2 has to undergo three stages to pursue the Company Secretaries Course i.e.

Foundation Programme

Executive Programme

Professional Programme

 

In addition, the student has to undergo Practical Training  for about 15 months which a student may opt to start after passing the Executive  Programme.  

 

The Student who would like to join the Course after passing the Graduation has to undergo two  stages of the Company Secretaryship i.e.

                                                                                                       

Executive Programme

Professional Programme


Besides, the student has to undergo Practical Training  for about 15 months.

           

Foundation Programme which is of eight months duration can be pursued by 10+2  pass students of Arts, Science or Commerce stream.

 

Executive Programme can be pursued by a Graduate of all streams except Fine Arts.

 

Professional Programme can be pursued only after clearing the Executive Programme of CS Course.

 

Training: A Student has to undergo 15 months Management Training in Companies sponsored by the Institute after passing the Executive  or Professional Programme or under the guidance of a Company Secretary in Practice.

 

After qualifying Professional Examination and on successful completion of training a candidate is admitted as an Associate Member of the ICSI and can use the letters ACS after his/her name i.e. Associate Company Secretary.

Admission to the CS Course is open throughout the year.  Examinations are held twice a year in June &  December.

Cut off dates for admission to CS course:

 

For Foundation Programme

31st March for appearing in December Examination  in the same year

30th September for June Examination next year

For  Executive Programme

28th February for December Exams in the  same

year

31st August  for June Exam next year



CS Prospectus can be obtained from any of the offices of the Institute across India and

 

Cost of Prospectus for Foundation Programme :    Rs. 200/- by cash payment while

                                                                                Rs. 250/- by Post or courier

Cost of Prospectus for the  Executive Programme :   Rs. 300/- by cash payment while
                                                                                    Rs.350/- by Post or courier

Payment Option : The payment can be sent to the Headquarters by demand draft drawn in favour of ‘The Institute of Company Secretaries of India’ payable at New Delhi OR by cash across the counter from the Headquarters, Regional Offices & a few of the Chapters.  

Fee Structure for CS Course

The fee  for CS Foundation Programme  is  - Rs. 3600/-
              for  Executive Programme             - Rs. 7000/- for Commerce Graduates while

                                                            - Rs. 7750/- for Non Commerce Students

ICSI offices across India

The ICSI has its Headquarters at ICSI House 22 Institutional Area Lodi Road New Delhi and Regional offices at Mumbai, Kolkata, Chennai & New Delhi and 69 Chapters located in various cities in India.

ICSI has 66 Examination Centres scattered all over India including one overseas centre at Dubai.

Employment Prospects

h         A qualified company secretary has openings in Employment and as Practising

Independent Professional

h                Companies with a paid up share capital of Rs.2 crores or more are compulsorily required to appoint a whole time Company Secretary who is a Member  of  ICSI

h                All companies seeking listing on Stock Exchange are required to appoint a whole time company     secretary

h                Membership of the Institute is recognized for appointment to superior posts and services under Central Government.

Self-Employment/Practising Company Secretaries

·        After obtaining a ‘Certificate of Practice’ from the Institute,  Members of the Institute can go in  for Independent Practice.

·        Every company having a paid-up share capital of Rs. Ten Lakhs or more but less             than Rs. Five Crores is required to engage the services of a Secretary in Whole-Time Practice for issue of Compliance Certificate.

·        Pursuant   to Clause 49 of the Listing Agreement, Practising Company Secretaries have been authorized to issue Certificate regarding compliance of conditions of Corporate Governance as stipulated in the Clause.

 

The CS Course is :

·        recognized by the various Universities for admission to PhD Course

·        appointment of  Lecturers in Commerce & Management

 

SUBJECTS  FOR CS

There are 4 papers in CS  Foundation Programme

 

  • English and Business Communication
  • Economics and Statistics
  • Financial Accounting
  • Elements of Business Laws and Management

There are 6 papers divided into 2  Modules in CS  Executive Programme

Module I

  • General and Commercial Laws
  • Company Accounts, Cost and Management Accounting
  • Tax Laws

 

Module II

 

  • Company Law
  • Economic and Labour Laws
  • Securities Laws and Compliances

 

There are 8 papers divided into 4  Modules in CS   Professional   Programme

Module I

 

  • Company Secretarial  Practice
  • Drafting, Appearances and Pleadings

 

Module II

 

  • Financial, Treasury and Forex Management
  • Corporate Restructuring & Insolvency

 

Module III

 

  • Strategic Management, Alliances and International Trade
  • Advanced Tax Laws and Practice

 

Module IV

 

  • Due Diligence and Corporate Compliance Management
  • Governance, Business Ethics and Sustainability
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FEES DETAILS....

Career and Prospect

It has been felt beyond doubt that there has been increasing awareness amongst the business entrepreneurs of the most vital contribution made by cost and management accountancy services in the business houses to the attainment of business objectives.  This has accentuated the demand for cost and management accounting services in all the sectors of economy. Many members of the Institute are holding top management positions, viz., Managing Director, Finance Director, Financial Controller, Chief Accountant, Cost Controller, Marketing Manager, Chief Internal Auditor.  Those managing their own business, have found in themselves a Manager and an Accountant to control and flourish their business. No wonder a Cost Accountant can attain the highest ladder of professional career.  There is a sustained demand for qualified, trained and experienced cost accountants.  Many members of the Institute are also engaged in cost consultancy services and in teaching cost and management accountancy in Universities and Colleges.

Cost Accountancy qualification has also been recognised by the Academic Councils of many Universities in India for the purpose of admission of the Ph.D. courses in Commerce.  It was resolved by Association of Indian Universities to accept Bachelor Degree-holders who have ICWAI   Qualification for registration as M.Phil. and Ph.D. candidates in commerce and allied disciplines vide their letter nos. EV/II/(2)/91/80878 dated 16.8.1991 and EV/II/(2)/2000/179741 dated 29.11.2000.

Moreover, as per the decision of the All India Council for Technical Education, Fellow Members of our Institute are treated at par with Ph.D. candidates in so far as appointment in the posts of Professor, Associate Professor, Reader, Asstt.Professor and Lecturer in Professional / Management Institutes  are concerned.

Cost and Management Accountants are also holding key position in Central and State Governments. In the matter of employment, promotion and prospects, Cost Accountants are recognised by the government, public and private sectors for placement at various levels in the fields of Accounting and Management functions. The specialisation in costing is an added catalyst for a successful manager and a policy maker.

Developing countries in the overseas have also evinced keen interest in offering employment opportunities for the members of the Institute.  Realising the importance of the profession of the Cost and Management Accountancy in the economic development of the nation, the Central Government has constituted an all-India cadre known as Indian Cost Accounts Service (ICAS) at par with other Class-I services such as IAS, IFS etc. to advise the government in cost pricing and in framing the appropriate fiscal and tax policies.

Practice as Cost Accountant. An Cost Accountant may build up his own practice by obtaining a licence from the Institute which would enable him to practice as a Cost Accountant, either individually or in partnership with one or more members of the Institute in practice.  His clientele include private and public companies, large, medium and small scale undertakings, partnership and proprietary concerns, industrial, commercial and service undertakings etc.

 

 

 

Admission to ICWAI Qualification :-

Foundation Course:

Intermediate Course:

Eligibility for Admission:

a) 17 years of age; and
(b) Passed Senior Secondary Examination under 10+2 scheme of a recognized Board

Incumbents waiting for the result can apply for provisional admission

Eligibility for Admission:

(a) is not less than 18 years of age; and

(b) has passed degree Examination of any recognised University or equivalent

Incumbents waiting for the result can apply for provisional admission

Fees

Cost of Prospectus - Rs. 200/-

Postal Tuition Fee (including study material) - Rs. 3500/-

Oral Coaching Fee (including study material) - Rs. 3500/-

Click here For complete fee details

Fees

Cost of Prospectus - Rs. 200/-

Postal Tuition Fee (including study material) - Rs. 7000/-

Oral Coaching Fee (including study material) - Rs. 11000/-

Click here For complete fee details

Documents to be enclosed with application form:

1.        Bank Draft ( as mentioned above)

2.        Attested Copy of Matriculation Certificate

3.        Attested copy of 10+2 Certificate or Marks Statement

4.        Three photographs attested and pasted on the form

(Attestation should be by any member of ICWAI /ICAI/ /ICSI/Parliament/Stage Legislative Assembly or a Gazetted Officer or a Principal of a college)

Documents to be enclosed with application form:

1.        Bank Draft ( as mentioned above)

2.        Attested Copy of Matriculation Certificate

3.        Attested copy of 10+2 Certificate or Marks Statement

4.        Attested copy of the degree

5.        Three photographs attested and pasted on the form

(Attestation should be by any member of ICWAI /ICAI/ /ICSI/Parliament/Stage Legislative Assembly or a Gazetted Officer or a Principal of a college)

Syllabus

Syllabus

Registration form: Download

Registration form: Download

When to Apply:

Exams are held two times in a year i.e. on 11th to 18th June and on 10th to 17th December.
For June Term Examination apply before 05th December of previous year and for December Term Examination apply before 05th June.

Where to Apply:

All students shall submit their Postal Application form, duly filled in together with relevant documents and remittances to their respective Regional Councils only.  Regional Councils and area covered by the region are given below:

Address of Regional Councils of ICWAI

Area Covered8.0pt;

Western India Regional Council
"Rohit Chambers",4th Floor
Janmabhoomi Marg,Fort
Mumbai - 400 001
Ph : 022-22872010/ 22841138/ 22043406/ 22043416
Fax : 91- 022- 22870763
Email :wirc @ icwai.org

Web site : www. icwai-wirc.org

The State of Chhattisgarh, Gujarat, Madhya Pardesh, Maharashtra, Goa and the Union Territories: Daman Diu., Dadra, and Nagar Heveli.

Southern India Regional Council
4, Montieth Lane, Egmore,
Chennai - 600 008
Ph:044-28554443/28554326/28528219
Fax : 91- 044- 28554651
Website:www.sircoficwai.com
Email: sirc @ icwai.org
 

The State of Andhra Pradesh, Karnatka, Kerala, Tamilnadu, Pondicherry and the Unition Terrritory: the Lakshadweep

Eastern India Regional Council
84, Harish Mukherjee Road,
Kolkatta - 700 025
Ph : 033 -24553418 /24555957
Fax : 91 033-2455-7920
Email :eirc @ icwai.org

The States of Assam, Arunachal Pradesh, Bihar, Jharkhand, Manipur, Maghalaya, Mizoram, Nagaland, Orissa, Tripura, West Bengal, Sikkim, the Union Territories: The Andaman and Nicobar Islands and Foreign Countries.

Northern India Regional Council
3, Institutional Area, Lodi Road,
New Delhi - 110 003
Ph : 011 - 24626678 / 24615788
Fax : 24622156
Email :nirc @ icwai.org

The States of Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Rajastan, Uttar Pradesh, Uttraanchal and the Union Territory: Chandigarh.

Candidates of Foundation, Intermediate and Final Examinations are allowed to exercise option for answering questions in Hindi

Students opting for oral coaching should contact respective Regional Council office or chapters

TABLE OF FEES EFFECTIVE FROM 1ST JANUARY 2008 (FOR STUDENTS)

SL.

HEADS

Amount Rs.

FOUNDATION Rs.

INTERMEDIATE Rs.

FINAL Rs.

1. Cost of Prospectus 200      
2a. Cost of Examination Form 30      
2b. Cost of Examination Form for Overseas Centre US$ 10      
3. Student Registration Fee     500  
4a. Student Practical Training Registration Fee     1,000  
4b. Change of Principal for Practical Training     300  
5. Registration Denovo / Afresh Registration 2,000      
6a. Re-enrolment fee Single Stage / Group     800 1,200
6b. Re-enrolment fee Both Stages / Group     1,000 1,500
7. Subject Exemption (per paper) (By Qualification)     200 200
8. Postal Tuition Fee (including study material)   3,500 7,000 9,000
9. Postage Charges for Foreign Students only   2,000 3,000 4,000
10. Oral Coaching Fee (including study material)   3,500 11,000 14,000
11. Coaching Revalidation fee (per stage / group)     800 1,000
12. Examination Fee (per stage / group)   800 850 950
13. Examination Fee for Overseas Centre   US$ 60 US$ 90 US$ 100
14a. Late Fee for Exam Form submission   200 200 200
14b. Late Fee for Exam in Overseas Centre   US$ 10 US$ 10 US$ 10
15a. Exam Fees for MA Exam (Per Group) 2,500      
15b. Exam Fees for MA Exam (Per Group) 2,500      
16. Group Discussion (Per Group)     300  
17. Business Communication (Per Group)     300  
18. Computer hands on Training     6,000  
19. Exemption fees for Computer hands on Training     1,000  
20. Modular Training Fee       2,000


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