A Company Secretary is someone who acts as a moderate between the shareholders, company and board of directors. A CS deal with all the legal aspect of a company. They keep company records, give advice in big decisions, and evaluate the legal aspects of any business. With the growth in corporate world, the role of CS is expanded and without them, it seems difficult to handle legal activities efficiently.
The CS also takes care of the corporate governance and legal matters, and also deals with the shareholders of the company.
Who can pursue this career?
Candidates who are dedicated towards their work and have the ability to pay attention to some important aspects of the business can get into this field. Company secretaries must be able to communicate effectively with people from all other departments of a particular company to ensure that the company practices are both legally and financially acceptable.
Candidates who have strong confidence and have good communication and management skills can look forward to making their career as CS.
What education is required?
Candidates need to acquire a bachelor degree from any business related stream. Well, the major CS course is divided into 3 major categories i.e. Foundation, executive and professional program. Candidates can enroll into any program after completion of 10+2 from any stream. After the particular course or training, one can get a job in any reputed industry or in any sector.
What are the necessary skills required?
- Dedication towards work
- Good written and oral communication skill
- Ability to do fulfill the commitments
- Good knowledge of business law and finance
- Good time-management skill
List of top colleges to pursue CS course in India:
- Indira Gandhi National Open University (IGNOU)
- The Institute of Company Secretaries of India (ICSI)
- Aligarh Muslim University (AMU), Aligarh
- Devi AhilyaVishwavidyalaya (DAV), Indore
- National Institute of Information Technology (NIIT), Delhi
- NarseeMonjee College of Commerce and Economics, Mumbai
- Jawaharlal Nehru Technological University (JNTU), Hyderabad
List of some sectors which offer employment to the Company Secretary:
The demand of the CS is high anywhere in the commercial industries and office setups. As a result, there are larger cities which generally hold more Company secretary job opportunities for young talent. Not only in India, there is huge scope for this job profile in abroad as well.
After completion of a particular course or training one can get a job in following areas:
- Company Law Boards
- Financial Institutions
- Stock Exchange Corporate Advisory Services
- Departments of Company Affairs
- Company Secretary Ship Consultancy Firms
- Stock Exchanges
- Financial Management
Career prospects and salary:
Company secretaries are highly demanded in both public as well as in private sector. With the growth in the corporate world, the demand will become high in next few years. One can get highly paid position even at starting stage of his/her career.
Salary of a candidate depends on various factors such as the capability of the employee, experience, educational background, company, location, and others. In India, a candidate can earn an average salary of Rs. 3 to 4 lakh per annum.
One can begin his/her career as a junior secretarial officer, executive etc. And after few years of experience, anyone can go higher and can earn more.
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