CS FAQs.

• §  Who is CS?

CS-Company Secretary is a person who handles the legal affairs of the Company.

• §  Which authority is responsible for governing or regulating the CS Course in India?

“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.

 

§  Employment Prospects

 

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

           Independent Professional

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

• §  What are the various stages in CS course?

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.

• How many Papers are there in CS Course at all levels?

              There are total 18 papers in CS course at foundation, Executive and Professional programme.
               Foundation Level- 4 Papers.
               Executive Level- 6 Papers- 3 papers in each module.
               Professional Programme.-8 papers- 4 papers in each module

• §  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

• What is the minimum percentage required for passing the CS Exams?

For passing the CS Exam candidate needs to secure 40% marks in each paper and 50%marks in aggregate of all papers put together.

• Is there any minimum passing Percentage required in 10+2 for joining the CS Foundation?

               No, there is no minimum passing percentage required in 10+2 for joining CS Foundation.

• What is the Fee Structure?

 Foundation Level = Rs.3600

                 Executive Level 

                 For Commerce Graduates = Rs.7000
                 Others = Rs. 7750

                  Foundation Pass Student = Rs. 6500










For Details regarding new syllabus, Please click at the following link-

http://saraswatiinstituteoffrontrunners.blogspot.in/2013/02/new-syllabus-cs-executive-cs.html 

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