After Gradution Company Secretary *Must Read* The main purpose of company secretaries is to ensure that the company complies with all legal codes, performing duties often attributed to legal advisors. The job entails a wide variety of duties that may vary depending on who a company secretary ends up working for. Most Company secretaries work for individual corporations. Their main purpose is to specialize in that particular company’s departments and make sure they are working in accordance with the laws of the land. However, some experienced company secretaries prefer working on a freelance basis, being contractedfor short periods by different companies. Their work generally involves organizing large amounts of data collected from various departments of the company. They must take responsibility for overseeing variousaspects of the daily operationsof a company, including safety of employees, their insurance coverage, corporate social responsibility programs, accounting and tax related matters and much more. The job is rather holistic in nature, and so most company secretaries are not limited to a particular department. Rather, they look at eachaspect of the company they are working with or working for, depending on their contract. In terms of qualifications,they are generally required to have the same qualifications as chartered accountants. This may include certification from Association of Certified Chartered Accountants. While a master’s degree is not a requirement, it is considered a welcome bonus when applying for competitive jobs in reputable. What are Salary Prospects? Company secretaries generally earn an amount that is proportional to their level of experience in the field. As a result, the starting salaries are generally modest, but there is a lot of room for increase in salary In India, the monthly starting salary can be anywhere between Rs. 28,000 and Rs. 40,000. Here, too, there is a lot of room for increments as experience and a renowned employer can boost the salary of a company secretary to Rs. 100,000 per month. What Perks come along with this career? There are a number of perks associated with company secretaries. One of the main reasons why people opt for this career path is because of the high earning potential within the field. With experience and qualification, company secretaries earn very respectable salaries. Moreover, the job, unlike many othersin related disciplines, normally does not require one to work overtime. The fixed timings generally attract a large number of people into the field.Additionally, company secretaries are very well respected within their organizations.All departments of all companies depend on them to ensure that theirfunctioning is in accordance with thelaw. Career Path ? There is three stage professional examination of a company secretaryship course i.e. foundation, executive and professional. Studentswho have passed senior secondary (10 2 or equivalent) examination of aboard/university constituted by an India law or any examination recognised by the central government as equivalent, are eligible to join the CS foundation programme. All graduates and post graduates (excluding fine arts) need not go through the foundation programme and can directly seek registration to the executive programme stage of the CS course. After clearing the executive/professional programme, one needs to complete 15 months of training in acompany or under a practising CS. Additionally, one has toundergo 15 days training with the Registrar of Companies, stock exchanges and specified regulators and 15 days compulsory Management Skills Orientation Programme (MSOP). After the professional course and training, onebecome eligible to be associate member of the Institute of Company Secretaries of India, (ICSI). One can be in employment or start his/her own practice
Posted on: Sat, 29 Jun 2013 11:13:03 +0000