IT System Auditor
33683 Points
Joined April 2010
There are numerous options for company secretaries who want to find career options in employment. Some of the available opportunities are:
Companies Act, 1956, Section 383A states that it is mandatory for any company who has paid up share capital of 2 Crores or more to hire a full-time company secretary. The only educational qualification required to get a job in such companies is a membership of the Institute of Company Secretaries of India.
Companies who have their shares listed in the stock exchanges need to appoint a full-time company secretary. As several companies are being set up every year, the career prospects for company secretaries are abundant.
The Government of India has recognised this qualification for the appointment at higher level designations. For instance, it is one of the criteria to get employed in the Indian Company Law Service.
Company secretaries are required in the organisations that are run by councils, boards or other corporate organisations. The big Co-operative firms also hire company secretaries.
Students completing their education in this field can further go for making a career in research. They can also work as lecturers in Commerce Faculty.
Many banks, financial institutes, professional organisations recruit company secretaries for various senior positions.
However, with New Company Act,2013 there will be a wider scope for CS in near future...