A career as a Company Secretary (CS) in India can be a challenging and rewarding one. Here are some details about the career path and opportunities for CS in India:
Education and training: To become a CS in India, one must complete the CS course offered by the Institute of Company Secretaries of India (ICSI). The course comprises three stages: the Foundation Program, the Executive Program, and the Professional Program. The course involves extensive study of subjects such as company law, corporate governance, securities laws, accounting, and taxation, as well as practical training in areas such as secretarial practice, corporate law compliance, and management.
Career opportunities: CS in India can work in a variety of roles in different sectors, including corporate houses, banks, financial institutions, and government organizations. They may work as company secretaries, compliance officers, legal advisors, or in other roles related to corporate law and governance.
Salary and compensation: CS in India can expect to earn competitive salaries, especially at senior levels. Salaries vary depending on factors such as experience, industry, and location. According to data from the ICSI, the average salary of a newly qualified CS in India is around Rs. 4 lakh per annum, while senior CS with over 20 years of experience can earn Rs. 20 lakh or more per annum.
Continuing professional education: CS in India are required to undertake regular continuing professional education (CPE) to keep their skills and knowledge up to date. The ICSI offers a range of CPE courses and programs, both online and offline, to help CS stay current with developments in their field.
Professional networking: CS in India can benefit from a strong professional network through their membership in the ICSI. The ICSI offers opportunities for networking, mentoring, and professional development through its various chapters and branches across the country.