What is Corporate Secretaryship
Corporate Secretaryship - Corporate is the future world. Everyone will rely on the corporate for their benefit. The governance in the corporate should be done effectively and efficiently. Yes, it is about corporate governance. Questions like, “How it is done?”, “Who does that?” and so on will arise. The Corporate Secretaryship and the corporate Secretary do it. The most important responsibility of a Corporate Secretary is to ensure the corporate governance of the organization. Corporate governance is essential for the development of capital markets and to protect the interest of investors.
The Corporate Secretaries are the gatekeepers, in the advent of the increasing number of corporate frauds and prevent such fraudulent. The day to day rise in the corporate industry has brought a major increase in demand for the corporate secretaries, corporate lawyers and more. The responsibility of the Corporate Secretaryship course includes preparing project reports, getting reports vetted by banks or other institutions and so on.
Corporate Secretaryship Course Highlights
Parameters | Undergraduate (UG) | Postgraduate (PG) | Doctorate (PhD) |
Corporate Secretaryship Course |
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Minimum Duration (in months) | 36 months | 12 months | 36 months |
Maximum Duration (in months) | 36 months | 24 months | 72 months |
Admission Criteria |
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Minimum Corporate Secretaryship course Fees | Rs.5000 per year | Rs. 1,00,000 per year | Rs. 20,000 per year |
Maximum Corporate Secretaryship course Fees | Rs. 1,00,000 per year | Rs. 5,00,000 per year | Rs. 1,00,000 per year |
Minimum Salary | Rs. 1,00,000 per year | Rs.10,00,000 per year | Rs. 13,00,000 per year |
Maximum Salary | Rs. 4,00,000 per year | Rs. 25,00,000 per year | Rs. 25,00,000 per year |
Expected Jobs |
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Eligibility Criteria (UG & PG) of Corporate Secretaryship
Eligibility criteria for Corporate Secretaryship includes the basic eligibility requirements for the course. Mentioned below is the Corporate Secretaryship eligibility criteria for both undergraduate and postgraduate course
For Undergraduate courses:
1. Completion of 10th and 12th exam from a recognized board with a minimum passing range of 45% as it may vary from college to college.
2. Age limit – Should be above 17 years.
3. Admission for this course will be based on Merit, and some colleges may conduct an Entrance exam to get admitted. These Entrance exams will be at the college level and university level.
For Postgraduate courses:
1. Completion of an undergraduate Corporate Secretaryship (CS) degree or an equivalent degree from a recognized university with a minimum passing range of 45%.
2. Candidates must appear in the Entrance exams, and counselling can be taken after entrance examination for the admission in colleges for postgraduate
Entrance Exams for Corporate Secretaryship
For pursuing corporate Secretaryship, there are no specific entrance examinations to get admitted to a college. But if the course should be certified by ICSI (Institute of Company Secretaries of India) to work in government sectors, then some rigorous examinations should be passed. Otherwise, there are entrance exams conducted by the colleges and universities, and they are not national or state level exams.
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Scope of Corporate Secretaryship in India and Abroad
In India
The scope of Corporate Secretaryship in India has a high scope; it is not just because of the growing corporate sector but also the banking sector. A corporate secretary can work as a compliance officer in these institutions. A company without a secretary in India is unimaginable. In the course of time, the need for the Corporate Secretary has increased twice in India. As there is a rapid growth in the corporate sector, there is a really good scope for the Corporate Secretaryship course.
Abroad
A Corporate Secretary being certified under ICSI with a minimum of 3 to 4 years of experience will have a great scope as there are wide ranges of job opportunities. The corporate secretaries get job opportunities from countries like Canada, UK, US, Australia, Thailand, Singapore, Malaysia, New Zealand, Africa, Middle Eastern Countries and so on. The scope of the corporate secretaryship course is high and provided it needs to fulfil certain conditions based on the foreign country’s rules and regulations.
Course Fees Corporate Secretaryship
Minimum Fees | Maximum Fees | |||
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Private | Government | Private | Government | |
UG | ||||
PG | ||||
DIPLOMA |
Course Subjects
The Corporate Secretaryship subjects can be studied at UG level and PG level. It is mandatory to take up an area of specialization at PG level. The subjects for corporate Secretaryship are listed below:
Financial Accounting
Corporate Accounting
Cost Accounting
Applied Cost Accounting
Management concepts
Organizational Behaviour
Managerial Economics
Securities Law
Economic and Labor law
Diligence and compliances
Business Ethics
Careers in Corporate Secretaryship
It is always the best way to choose a career that is trending in today’s world and will be much wanted in the future world. Choosing corporate Secretaryship career is an example. The disturbances taking place in the corporate world will shake the confidence of the shareholders. And there will be much demanded corporate secretaries to run the company smoothly. As the company secretaries are the pillars to gain the confidence of the shareholders. Not just working for the companies, the corporate secretaries can also set up their own consultancy after they obtain the valid certificates. The corporate secretaries have immense knowledge of a wide range of subjects, and they can even take up the position of a lecturer in academic institutes. Choosing a career in Corporate Secretaryship has a wide and diversified course. As the knowledge and scope of the corporate increase their value, prestige, reputation, and salary will also increase. A corporate secretary can find a job in both the public and private sectors. Being a corporate secretary is not only exciting but also rewarding.
Upcoming trends
With the provisions of the Companies Act becoming extremely important to be complied with, there is a growing need for the corporate secretaries to keep themselves abreast with the latest developments. Corporate Secretaries have become an integral part of the corporate sector.. The upcoming trends in this area include:
Organizational governance
Importance in all areas
Job Profiles and Top Recruiters
Corporate Secretaryship Job Profiles
Corporate Secretaries are in great demand across companies in the private sector as well as public sector to ensure compliances with statutory guidelines. With foreign multinationals moving in India, the scope for Corporate Secretaries has increased a lot. Corporate Secretaryship scope has emerged as a popular career option for candidates.
Job Profile | Job Description |
Corporate Secretary | The work of corporate Secretary includes ensuring the integrity of the governance framework, compliance with statutory and regulatory requirements and being responsible for the efficient administration of a company and also implementing decisions made by the Board of Directors. |
Assistant Corporate Secretary | The Assistant Corporate Secretary provides administrative and clerical support to the organization. And he performs duties such as implementing office procedures, greeting guests, arranging meetings, maintaining office supplies and so on. |
Associate General Counsel | The Associate General Counsel is the person who works under a General Counsel. They both direct and protect the legal issues and rights of the company. |
Lecturer | The lecturers teach the students to possess the necessary knowledge about corporate Secretaryship and skill to shine in their professional field in the corporate world. |
Executive | The day to day work of executives includes managing, making plans, taking decisions etc. He is responsible for running the company and helping the company grow. He is a person who has the power to make decisions. |
Director | The management of the company relies on the hands of the board of directors. They are in charge of the management of the company’s business, and they make operational and strategic decisions of the company. The board of directors is responsible for ensuring statutory obligations. |
Managing Director | The role of managing director is to implement the company policy and change it in case of any changes. The managing director aims to grow the business and ensures that the company strategy is planned accordingly. |
Strategic Manager | The work of the strategic manager involves the formulation and implementation of the initiatives taken by the top managers’ organization on behalf of the owners. He is also responsible for planning and directing the goals. |
Corporate Planner | A Corporate Planner is responsible for setting the agenda, handling the logistics, and ensuring compliances with the guidelines during the board meetings. |
Legal Secretary | A legal secretary is a person who works in the legal profession, like mostly assisting lawyers. Legal secretaries’ main works are like preparing and filing legal documents. |
Lead Corporate Governance Associate | This person’s daily work includes creating and implementing a work process that follows organizational standards, audits and ensuring new organizational policies etc. |
Chief Administrative Officer | A chief administrative officer’s responsibilities are like providing input for business and strategic planning, setting goals for departments and individual managers. |
Also Read: Corporate Management Certification Courses
Top Recruiters
The top recruiters are mostly from corporate firms and all private companies whose paid-up capital is above 10 Crore INR and other public and private sectors. They are listed below:
Ernst & Young
Price Waterhouse Cooper (PWC)
Cummins India Ltd
Chandrasekaran Associates
Hindustan Salts Ltd
NHDC Ltd
Shridhi Jain & Asso.
Godfrey Phillips India Limited
Poddar Global Limited
MA & Associates
Average Salary
The salary for the corporate secretaries vary greatly according to the company profile, experience, and level of education. Generally, the pay packages for corporate secretaries are quite handsome with attractive benefits also on offer. Here is a brief insight into the expected salary packages for the graduates.
Job Profile | Average Salary |
Corporate Secretary | Rs.2,50,000 to Rs.5,00,000 per year |
Assistant Corporate Secretary | Rs.1,50,000 to Rs.2,50,000 per year |
Associate General Counsel | Rs.3,00,000 to Rs.5,00,000 per year |
Lecturer | Rs. 4,00,000 to Rs. 7,00,000 per year |
Executive | Rs. 20,00,000 to Rs. 60,00,000 per year |
Director | Rs. 10,00,000 to Rs. 40,00,000 per year |
Managing Director | Rs. 5,00,000 to Rs. 10,00,000 per year |
Strategic Manager | Rs. 4,00,000 to Rs. 7,00,000 per year |
Corporate Planner | Rs. 4,00,000 to Rs. 20,00,000 per year |
Legal Secretary | Rs. 4,00,000 to Rs. 6,00,000 per year |
Lead Corporate Governance Associate | Rs. 2,00,000 to Rs. 7,00,000 per year |
Chief Administrative Officer | Rs. 2,00,000 to Rs. 6,00,000 per year |
**The salary figures mentioned anywhere in this article is just for reference purposes. Please treat them as such. Actual salaries may vary depending on respective candidates, employer, job location and numerous other factors.
Required Skillset for Corporate Secretaryship
Some skills are important for candidates interested in working as a corporate secretary after completion of the course. These skills significantly enhance the learning experience as well as desired course outcomes. Some of the essential skills required for pursuing a course in Corporate Secretaryship are in the following
Communication Skill: A Corporate Secretary should have a really good communication skill to pass the necessary information that is required by the Corporate. Superior communication skills are extremely essential to succeed in the corporate sector.
Managerial Ability: As the Corporate Secretary also deals with administration and management too, the candidates should be good at managing the records and people. This may include the activities of the HR person.
Analytical Thinking: A Corporate Secretary is the backbone of the Board members of the company. Analytical thinking skills are crucial to manage complex problems and solve issues efficiently.
Multitasking: Candidates must have the ability to focus on and manage multiple tasks as per the mandated deadlines. Moreover, compliance with guidelines of SEBI, ROC, and other statutory authorities is also important.
Organisational skill: Candidates have a deep understanding of the company’s operations and their implications. One must be able to develop and implement in a way that the organisation understands easily.
Course Curriculum for Corporate Secretaryship
The growth of the corporate sector in India has made an impact on the youths to know the importance of understanding the management and problem solving of the corporate sector. And this Corporate Secretaryship course is designed in a way to provide in-depth knowledge about the management, organization, and marketing, law of the company, human resource, accounting, markets and business ethics. The candidates will be expected to develop thorough understanding of various laws and provisions of the Companies Act. The course pedagogy comprises classroom sessions, seminars, articleship, and group discussions.
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Questions related to Corporate Secretaryship
Hi! What jobs will i get if i study BCOM Corporate Secretaryship
Hello Aspirant
There are job opportunities for B.com corporate secretaryship course.It has a good scope in India.As well as in the abroad countries.There are lots of companies offering job, providing good salary.it has good salary package like accounting,banking,finance etc.And the good news is you can expect around a pay of average 3-7 lakhs per annum it sounds great right and if you are well experienced in this field you get around 20 Lakhs per annum.
And some of the job opportunities mentioned below:
- Investment Banker
- Auditor
- Human resource
- Tax consultant
- Business consultant
And there are more and more job opportunities available.Just enjoy your studies.Just be passionate about it.you can achive what you want.
Best of luck for you future.
I have completed b.com (corporate Secretaryship)2009- 2010 followed by CA INTERMEDIATE 2018 -19 . I am thinking of starting my career now but I have had these breaks as you can see. Can you suggest what are the kind of jobs that I can apply for and how to re equipe myself?
Hello,
You can appear for government jobs such as UPSC, state PSCs, SSC CGL/CDO, CDS, banking and insurance exam also you can try as these have eligibility criteria of passed graduation in any discipline from a recognized university, you can also start off as an educator if you're interested in teaching, there are many edtech startups where you can try for, this industry is booming like never before, apart from this you can also go for short term courses through MOOCs such as edX, Coursera, Alison, LinkedIn Learning etc, you can also pursue higher studies in case you're interested.
b.com corporate secretaryship or b.com accounting and finance which is best?
Hello Aspirant,
B.Com with any specialisation is good if your interest is towards the corporate secretaryship this B.Com alone don't give you the career growth along with that you may do CS company secretaryship course. BAF subjects:
Financial accounting
Cost accounting
Auditing
Taxation
Business Law
Economics
Business co
since the course is general in nature, you need to do a specialisation in accounting/finance higher studies to get a good start to your career. Students are given all the basic training in accounting and finance. However, it neglects other areas of commerce and trade viz., HR, export-import etc., BAF is for students who are determined to make a career in accounting & finance field.
Hope this answer will help you .
All the best
Thank You.
I want to study of in m. com(corporate secretaryship) but I want to know about fees and hostel details and about facultys
Hello Aspirant,
Hope your doing good
Candidates who seek lucrative jobs in the corporate world can get a great start after pursuing the Company Secretary is a lucrative course in the commerce domain and is one of the most popular career choices amongst commerce students. However, students of all fields can apply for the company secretary course.
The company secretary course is offered by the Institute of Company Secretaries of India (ICSI). It is a distance learning course that was started to regulate the profession of a Company Secretary.
eligibility criteria: After Class 12: Students applying for the Company Secretary Course after 10+2 will have to register for the Foundation Programme to start with. Students of science, commerce as well as arts can apply for the course.
refer to the link attached below for a list of colleges offering course and admission, facilities placement, faculty details in a single page
Hope this helps, thankyou ping us more for such queries.
Good luck for everything ahead :)