Career Opportunities as Company Secretary (CS). Company secretaries are like in-house lawyers who look after the day-to-day activities and work of the corporate secretarial department in an organization. He looks after matters related to governance in the company and signs documents sent to regulators including Corporate Affairs Ministry, Stock Exchange and Securities and Exchange Board of India (SEBI).
Work of Company Secretary:-
They are responsible for organizing board meetings, preparing an agenda, issuing notices to the Board of Directors and handling matters of legal compliance of the organization. Apart from company law, there are many laws which apply to companies. They have to deal with a case according to these laws. It is also their responsibility to ensure that the regulations of SEBI applicable to listed companies are complied with by the company.
Career Opportunities as Company Secretary ; How to do this course :-
The Institute of Company Secretaries of India (ICSI) is a leading national professional body that develops and regulates the profession of Company Secretaries in India. CS course electives are offered through correspondence / distance learning with the option of oral coaching. An e-learning portal has been launched by ICSI for students. Admissions are done throughout the year for this.
After 12th (Arts, Science or Commerce), the students who want to do this course have to go through three stages for the course of company secretaries. They have to undertake (I) Foundation Program (four papers) (II) Executive Program (six papers) and (III) Professional Program (eight papers).
After graduation, students have to do two phases of CS program i.e. Executive Program and Professional Program. They also have to undergo practical training.
Pay Scale/Salary of Company Secretary (CS)
Company Secretary in diverse sectors earns a satisfactory salary. Most companies pay more for highly skilled and experienced Company Secretary. The average salary structure of Company Secretary is detailed below.
|Job Profile||Starting Salary per annum (in INR)||Mid Level Salary per annum (in INR)||Senior Level Salary per annum (In INR)|
|Company Secretary||Rs. 3,00,000||Rs. 6,00,000||Rs. 9,00,000 – 12,00,000|
|Legal Advisor||Rs. 3,00,000||Rs. 4,00,000 – 5,00,000||Rs. 10,00,000|
|Principal Secretary||Rs. 3,00,000||Rs. 6,00,000||Rs. 9,00,000 – 12,00,000|
Top Recruiting Agencies for Company Secretary
As per Companies Act 1956, any company with a paid-up share capital of Rs. 2 crores must appoint a full-time company secretary. Therefore, the employment scope for company secretaries in India is vast and diversified. During the course, students must take up an internship in companies with a share capital of Rs. 10 lakh to Rs. 2 crores.
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