Company Secretary

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Company Secretary

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A Company secretary is one of the most important and among senior positions in a private company or a public sector organisation. A company secretary works as an advisor in a company and helps the firm in taking legally correct and absolute decisions.

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• Starting salary
• 30000
• Career Details

What You Need To Know About This Career Option

How to become a company secretary

In order to become a company secretary one has to start her career by taking commerce stream in her 10+2 or subjects like economics, accounting, business studies and mathematics etc, by securing at least 55% marks in the respective board examination.

The next stage is to qualify the entrance examination of some respected university or college in order to secure admission. The admission requirements vary from college to college in terms of mark allotments and cut offs.

After clearing the entrance you can opt for a relevant bachelors degree course, which can either be in Economics, Corporate Science, Financial Management, Business Studies or LAW etc. After completion of a Bachelors degree there are ways either to go for a postgraduate degree or to opt for a job as a companys secretary.

What are some key duties of a company secretary

• Shaping Objectives and Strategies of the company: The main and important role of a company secretary is to put her inputs in shaping the objectives and strategies of the company. Enforcing the designed goals of an organisation through proper planning and strategies with a clear objective is a much expected task from a company secretary.
• Research Work : The primary goal of a research is to illustrate an idea and make a significant contribution to the developing knowledge in the field of study. Therefore companies need significant research work in order to motivate the company staff to identify the structural element and long term goal. And hence, a company secretary is required to analyse the market.
• Reporting : Reporting helps a company to establish future assumptions, marketing techniques, assistance on financial accounting and on strategic thinking. Regular reporting during the financial years helps the businesses to access and equate the services to those in the similar industry. It is also a form of institutional medium of communication within the organisations and the employees.
• Providing Assistance : A company secretary role also includes providing assistance to the boards of directors, supervising the legal matters of the company and representing organisationss interest in the important matters.

What is the Career Path of a Company Secretary

Junior Associate- The first stage in the career progression of a company secretary is of Junior Associate, who are actually lawyers . A Junior Associate is responsible for litigation in court, presenting statements, gathering information for legal cases, negotiating with clients etc.

Senior Associate- Senior Associates are the senior level attorneys that manage litigation cases, advocate for clients in court and resolve legal disputes. They also work under the supervision of much experienced associates and perform legal research.

Company Secretary- A Company Secretary is the legal face of the company. They provide assistance to the board of directors, supervise the legal matters of the company, represent the organisations interests and ensure that the company is operated under the limitations of law.

• What Education / Knowledge / Degree Requirements are there to become a company secretary
• In order to initiate your career as a company secretary, you will need to start with education in some relevant bachelors degree such as-
• BA in Economics
• B.Com in Accountancy
• Bachelors of Corporate Science
• Bachelors of System Administration
• Bachelors in Financial Management
• Bachelors in Business Studies
• Bachelors in System Administration
• LLB

Or else, you can directly go for the comprehensive course provided by the ICSI, which is separated into three different parts, i.e CS Foundation, CS Intermediate and CS Professional.

What are post graduation requirements for company secretaries

After successfully completing a bachelors degree, students can opt for a ICSA validation post graduate programme which will help you prepare for the company secretary position in a professional way. Although it is not a proper Masters degree but a certification, which is similar to a masters degree.

Irrespective of that, students can begin to work as an accountant or solicitor in the industry right from the entry level positions. After taking a good amount of work experience from the industry, they can apply for the Chartered Secretaries Qualifying Scheme.

Which Entrance Examination does one need to clear to become a company secretary

CSEET - CSEET which stands for CS Executive Entrance Test is conducted by the Institutes of Company Secretaries of India (ICSI). The entrance examination is generally commenced 4 times a year on a national level for the students who have passed their 10+2 examination, graduates or postgraduates.

All those who qualify this examination get eligible for direct admission to the CS Executive Course.

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