Career Option in Company Secretary
A. Field description:
Secretary - a person who keeps confidential information - is employed to write and transact business for another person or for a Society, Company etc. The word Secretary is derived from the word “secret” which implies that there is something confidential about his/her job. There is another view that the word secretary has been derived from the Latin word “secretaries” which means “Notary” or “scribe”.
B. Education Guide:
Education Details & Eligibility:
To become a Company Secretary, one should pursue courses certified by The Institute of Company Secretaries of India (ICSI).
Basic eligibility criteria:
+2 (Higher Secondary students) with any group as the major can choose a course for being a secretary.
Anyone having a three-year Bachelor degree in any discipline can opt for taking up Secretaryship course. But the general structure is as follows.
The course is generally categorized in to three divisions namely.
- Foundation Level
- Intermediate level
- Final Level Courses
Eligibility: 12th with 55% aggregate with not less than 17 years of age.
Duration: 8 months
Eligibility: A pass in Foundation level. Direct entry is available for those who have passed final exam of ICWAI or ICAI or any other accountancy Institution in India or abroad recognized by the council of institute. Graduates shall have Direct Entry for Inter (Executive Programme). Foundation not required.
Final Level Course:
Eligibility: A pass in intermediate level.
After successful completion of apprenticeship under Practicing Secretary, the candidate will be admitted an Associate Member of the Institute (ACS).
Approximate Education Expenses:
The total expense for doing courses in company secretary fields are as directed by ICSI. A student aspiring to take a career in this field is advised to contact the Institute for further clarifications.
C. Institutions that offer this Education:
The Institute of Company secretaries of India.
D. Job Opportunities and Job Roles:
As of date, there are 8,00,000 Companies in India; whereas qualified Secretaries are only around 24,000. Hence, opportunities are plenty and again it depends on the caliber of the individual.
E. Approximate Salary Range:
Growth potential is wide and salary increases with experience and knowledge.
F. Related Links:
The Society of Corporate Secretaries and Governance Professionals, Inc. founded in 1946 as the American Society of Corporate Secretaries, has over 3,800 members representing approximately 2,600 companies.
Web site link: http://www.governanceprofessionals.org
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