How to Become a Company Secretary?
Learn the essential steps, qualifications, and career opportunities to become a successful Company Secretary in India
In this Career Outline
Introduction to Company Secretary
"The role of a company secretary is to ensure that the company not only meets its regulatory obligations but also operates with integrity and efficiency."— Stephen Haddrill, former Chief Executive of the Financial Reporting Council.
A company secretary plays a key role in business administration by ensuring compliance with economic and regulatory requirements, managing industry registrations, and advising during board and shareholder meetings. They are crucial for effective boardroom procedures and organizational practices. With evolving regulations, the company secretary's role has become increasingly vital for strong corporate governance.
Steps to Become a Company Secretary:
Step-1
Obtain a bachelor’s degree in commerce, law, or related fields. Some institutions may require a background in these areas.
Step-2
Join a recognized course offered by professional bodies such as the Institute of Company Secretaries of India (ICSI), which provides specialized training.
Step-3
Complete and pass the Foundation Program, which covers the basics of company law, business laws, and other related subjects.
Step-4
Advance to the Executive Program, focusing on more complex aspects of company law, management, and governance.
Step-5
Gain practical experience through a training program or internship with a company or a firm specializing in corporate compliance.
Step-6
Successfully complete the Professional Program, which delves into advanced topics and prepares you for the final qualification exams.
Step-7
After passing all exams and fulfilling practical training requirements, apply for membership with the professional body (e.g., ICSI) to become a certified Company Secretary.
Eligibility Criteria
| Eligibility Criteria | Description |
|---|---|
| Eligibility | Must possess at least 50% aggregate in 12th grade from a recognized institution (PUC/CBSE/ICSE/ISC). |
| Educational Background | High school diploma or equivalent. |
| Undergraduate Degree | A degree in B.Com, BBA, or a relevant diploma is essential for enrolling in company secretary programs. An MBA in Finance can be advantageous for higher-level roles. |
| Postgraduate Degree | Not mandatory but can enhance career prospects. An MBA in Finance is beneficial. |
| Entrance Exams | Valid scores in entrance exams such as CAT, MAT, CMAT, XAT, SNAP, ATMA, NMAT by GMAC, or specific college exams are required. |
- Must have at least 50% in 12th grade from any board (PUC/CBSE/ICSE/ISC); cut-off varies by college.
- Need valid scores in entrance Exams after 12th like CAT, MAT, CMAT, XAT, SNAP, ATMA, NMAT, or specific college exams.
- A degree in B.Com, BBA, or a relevant diploma is required.
- An MBA in Finance can enhance career prospects and learning opportunity
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Tasks to perform as a Company Secretary:
Knowledge & Skills Required
Company Secretary must possess a wide array of skills to succeed in their careers. Here are the key knowledge areas and skills needed to excel in this field:
| Knowledge Required | |
|---|---|
| Understanding of laws and regulations governing company formation and operations. | Knowledge of compliance requirements and corporate governance practices. |
| Insight into organizational structures, management practices, and business operations. | Understanding of legal principles related to contracts and agreements. |
| Skills in preparing and analyzing financial statements and reports. | Proficiency in managing company records, minutes, and official documentation. |
| Skills Required | |
|---|---|
| Time Management | Confidentiality |
| Legal Expertise | Organizational Skills |
| Communication | Problem-Solving |
Understanding What are soft skills? and why is it important,as they complement technical abilities and enhance overall performance in the field of Company Secretary.
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Job roles offered for a Company Secretary:
Once you have the qualifications to become a Company Secretary, numerous opportunities await. You can take on various projects in this role and explore many other fields as well.
Supports the CEO and directors by managing schedules, travel expenses, and meetings. Handles administrative tasks, updates documentation, and oversees insurance and payroll.
Manages schedules, corporate expenses, and office productivity. Handles tasks like document preparation and communication with employees and visitors.
Oversees office operations and ensures smooth functioning across departments. Manages supplies and maintains workplace efficiency.
Supports senior executives with administrative and complex tasks. Manages documents and may oversee administrative staff.
Advises on financial strategies, oversees transactions, and seeks profit-enhancing opportunities. Works in various sectors including banking and insurance, usually requiring a relevant degree and experience.
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With countless career options, choosing the right path can be tough. Analysis and guidance sessions help clarify what to study, pursue, and achieve.
Career Opportunities for a Company Secretary:
Company Secretaries can opt for various fields of work in the companies listed below:
| Mahindra Logistics | Tata Consultancy Services (TCS) | Infosys |
| PwC | Amazon | Deloitte |
| Tata Steel | Reliance Industries | Siemens G |
| Pfizer |
Colleges offering courses for Company Secretary:
Here is the list of colleges offering the Best courses after 12th:
| St Xaviers College, Ranchi | KJ Somaiya College of Science and Commerce, Mumbai |
| PSGR Krishnammal College for Women, Coimbatore | Sri Krishna Arts and Science College, Coimbatore |
| JBIMS Mumbai - Jamnalal Bajaj Institute of Management Studies | School of Distance Education, Andhra University, Visakhapatnam |
| BJB Autonomous College, Bhubaneswar | Karmaveer Bhaurao Patil College, Vashi |
| Samrat Prithviraj Chauhan Government College, Ajmer | Serampore College, Serampore |
End Note
Pursuing a career as a Company Secretary requires dedication, a strong educational background, and essential skills in corporate governance and compliance. By following the outlined steps—gaining the necessary qualifications, developing relevant skills, and understanding the industry’s demands—you can start with a rewarding career in this vital role. Stay informed about industry changes and continuously seek professional development to excel in your journey as a Company Secretary. Career counselling after graduation can provide valuable guidance and support.
In this Career Outline
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