Intermediate Course for Company Secretary

Duration: 10 Months
Level: Graduation
Type: Degree
Eligibility: Foundation Course Examination of the ICSI

What is Intermediate Course for Company Secretary (CS)?

Intermediate Course for Company Secretary (CS) is a course of ten months duration which is the second level/second stage study after clearing the foundation course on the path of becoming a Company Secretary.

However, there are provisions to enter the Intermediate course without even passing the CS foundation course. Graduates, post-graduates (excluding fine arts) and those who have passed final exam of ICWAI or ICAI or of any other accountancy Institution in India or abroad recognised by the Council of the Institute can directly enrol to the intermediate course without doing foundation course.

The course provided by the Institute of Company Secretaries of India (I.C.S.I) is a mixture of postal tuition and optional coaching classes. Study material is provided to the student at the time of admission.

Why to Pursue an Intermediate Course for Company Secretary (CS)?

  • Intermediate Course for Company Secretary (CS) serves as a second step for making a career as a Company Secretary, which is very lucrative and prestigious.
  • The employment opportunities for a Company Secretary are ample in both private and public sector.
  • Being an important member of the management in a corporate sector, a Company secretary not only commands respect but also is compensated handsomely for his trustworthy services paid to the company.
  • With experience and his ability to serve the corporate sector, a Company Secretary can reach the apex of the management level like Chairman, Director or Managing Director of the company.

Eligibility to Pursue Intermediate Course for Company Secretary (CS):

  • Candidates who have passed the foundation course, and are not less than 17 years of age can apply for intermediate course. Graduates, post-graduates (excluding Fine Arts) and those who have passed final exam of ICWAI or ICAI or of any other accountancy Institution in India or abroad recognised by the Council of the Institute can directly enrol to the intermediate course without doing foundation course.
  • Intermediate course consist of two groups. Candidates registered for intermediate course including the month of February in a year are eligible for appearing in both the groups of the Intermediate examination held in December of that year and those registered up to and including the month of August in a year are eligible to appear in the Intermediate examination held in June of next year.

Key Subjects / Topics of Study:

Group-I

  • Company Accounts and Cost & Management Accounting (ICA & CMA)
  • General Laws and Commercial Laws (IGCL)
  • Management Information Systems and Corporate Communication (IMIS & CC)
  • Tax Laws (ITL)

Group-II

  • Company Law (ICL)
  • Company Secretarial Practice (ICSP)
  • Economic, Labour and Industrial Laws (IELIL)
  • Securities Laws and Regulation of Financial Markets (ISL & RFM)

Note:  However a candidate can get following exemptions in some of the above mentioned papers on the basis of his/her qualification:

Exemption 1:            Company Accounts and Cost and Management Accounting (ICA & CMA)

Requirement:           Master of Corporate Secretary ship/M.Com./M.B.A (with Accountancy as one of the subjects at B.A (C.S)/B.Com. level with full paper in Cost Accounting/ Management Accounting/Financial Management at Master of Corporate Secretary ship /M.Com./M.B.A. level and must have secured 50% marks in the subject from a recognised university.

Exemption 2:            General and Commercial Laws (IGCL)

Requirement:           A degree in Law or Master of Corporate Secretary ship.

Exemption 3:            Tax Laws (ITL)

Requirement:           Master of Corporate Secretary ship is exempted from this subject.

List of Colleges/Institutes Conducting Intermediate Course for Company Secretary (CS):

The Institute of Company Secretaries of India (I.C.S.I) is the only institute in India providing training in this specialised profession. Constituted under the Company Secretaries Act, 1980, to develop and regulate the profession of Company Secretaries in India, it is a statutory body working under the administrative control of the Department of Company Affairs, Ministry of Law, Justice and Company Affairs, Government of India.

The institute has its Headquarters at ICSI House, 22 Institutional Area, Lodi Road, New Delhi and Regional offices at Mumbai, Kolkata, New Delhi and Chennai and 36 Chapters and 16 Satellite Chapters located in various cities all over India.

Career Options and Job Opportunities:

Apart from a regular employment as a CS in public or private sector, Company Secretaries in Practice also render the following Services:

  • Arbitration and Conciliation
  • Capital Market and Investor Relations
  • Corporate Advisory Services
  • Corporate Restructuring
  • Due Diligence
  • Foreign Collaborations and Joint Ventures
  • Financial Management
  • Legal, Secretarial and Corporate Governance
  • Project Planning

A Company Secretary practice is also recognized to issue certificates and attest documents under:

  • Companies Act, 1956
  • SEBT Act, SCRA and regulations etc. made there under Depositories Act
  • Exim Policy

Some Employment Areas:

  • Banks
  • Company Law Boards
  • Company Secretary Ship Consultancy Firms
  • Departments of Company Affairs
  • Financial Institutions
  • Government Departments
  • Other Regulatory Bodies
  • Private Companies
  • Stock Exchanges
After completing Intermediate Course for Company Secretary you can become:
  Page Views: 8547 | Updated On: 09-Nov-2011