The growth led by opening of Indian economy has resulted in
demand for specialists in almost every sphere. A company secretary is responsible
for efficient management of the company and advice the company on various
company related matters. A company secretary helps in formation of a company,
co-operates with various departments of the organization, ensures compliance of
company legislation and advises directors on statutory requirements of the
company. His other functions involve to looks after finance, accounts,
personnel, legal, and administrative functions.
The main functions of a Company secretary involves looking after finance
responsibilities like getting project approvals, obtaining relevant licenses
and permits, zeroing in on all requirements under FERA (Foreign Exchange
Regulation Act) and any other relevant legislation. The Company secretary is also
authorized to sign the annual reports of the company, and can also represents
the company when a situation arises.
Eligibility: -
For admission in company secretary program you should have
pass 10+2 or equivalent examination. After that you can enroll yourself with
the institute of company secretary for foundation course. After passing the
foundation examination you can register with the institute for intermediate
course. Those who have done their graduation can enroll into intermediate
course. After completing intermediate course you can go for final course.
During the course period a student is has to undergo
management training with a company recognized by the Institute or with a
recognized practicing Company Secretary. The time period of the training may
vary from a year or two, depending upon whether it is done on a full time or
part time basis.
Job Prospects: -
Plump job opportunities are available to a qualified Company
Secretary. Most of the Companies need legal
and financial advice on various company related matters, and here a company
secretary fits perfectly for this job. So
the employment opportunities in the corporate sector are very high.
There are many opportunities are available in public
sectors. In public sector bodies like the Bureau of Public Enterprises, government
financial institutions and stock exchanges require a company secretary. A
qualified company secretary can also work as accounts branch of the Central
Government Law Services; law, the finance, accounts and merchant banking
divisions of nationalized banks. With the experience and skills a person can
reach to the top positions of the company like chairman, director. A company
secretary can also start his own consultation business.
Remuneration: -
Company Secretary profession is a well paid career option.
A fresh Company Secretary can earn any where between Rs. 10000 to 15000 per
month in public and private sector. An experienced one can get 30000 to 35000.
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