What does a company secretary do?

A company secretary is responsible for ensuring the smooth administration of the company. They usually assume responsibility for the following important areas: compliance with corporate governance and other financial and legal regulations; management of shareholder administration and communication; and sometimes.

What is qualification for company secretary?

Company Secretary Course Details

Course Name Company Secretary Course (CS)
Qualification Required Candidates must pass their 10+2 exams
Eligibility Foundation program:- 10+2 examination
Executive program:- Graduation/ foundation program
Professional program:- Executive program

Who can be a company secretary in Singapore?

natural person A company secretary must be a natural person and locally resident in Singapore. The position of company secretary must not be vacant for more than 6 months. The sole director of a company and the company secretary cannot be the same person.

Does a company secretary get paid?

Can I pay my company secretary a salary? The secretary role can be a paid role, although it doesn’t have to be. If you are paying family members a salary from your company, the amount paid should be in line with the services performed.

What is the salary of CS?

Pay Scale/Salary of Company Secretary (CS)

Job Profile Starting Salary per annum (in INR) Senior Level Salary per annum (In INR)
Company Secretary Rs.3,00,000 Rs. 9,00,000 12,00,000
Legal Advisor Rs. 3,00,000 Rs. 10,00,000
Principal Secretary Rs. 3,00,000 Rs. 9,00,000 12,00,000

Can a CS become CEO?

A company secretary can be the CEO of the company too, which keeps his/her position close to the board of directors. … So, now you can understand that a CS in someone who is engaged in multiple areas for the effective administration of the company.

Is CS a good career?

Computer science is an ideal choice for students who enjoy math and problem-solving. Majoring in this field can lead to lucrative careers that will remain in high demand. A four-year computer science degree is challenging, but well worth the investment.

Is CS easier than CA?

Easy Studies CS is much easier as compared to CA which has been referred to the toughest course in India. The CA course is easy to enter but tough to exit. While the CS is also not easy but not as tough as CA. … Less Duration Course The duration of CS is less than CA.

Which degree is best for company secretary?

Now look at the course details clearly from below:

  • CA with CS. The course of Chartered Accountancy is also a preferred course along with CS. …
  • L.L.B. with CS. Let me put my favourite option at number one i.e. LL. …
  • MBA Finance with CS. …
  • Certification Programmes by ICSI. …
  • NCFM Course. …
  • Chartered Financial Analyst (CFA-India)
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Is company secretary A company officer?

The secretary is an officer of the company and their duties can be wide ranging. While the Companies Act does not generally specify the role of the company secretary, they usually undertake the following duties: Maintaining the company’s statutory books, including: … a register of any charges on the company’s assets.

How can I become a company secretary in Singapore?

The person should be a member of the Institute of Certified Public Accountants of Singapore (ICPAS) or should have been practicing as a company secretary for three or more years of the five years before being appointed as a company secretary of the company. CA (Singapore) members are recognised as well.

Can anyone be a company secretary?

Natural person – A company secretary must be a natural person who is over 18 years of age (s 204B (1)); Disqualified persons – Generally, a person disqualified from managing companies under Part 2D. 6 may not be appointed as a company secretary.

Is CS difficult?

Passing the CS Professional Program is most difficult for any student. It is also highly recommended for CS aspirants to study for the Executive Program and Professional Program through any ICSI-recognised university, offering CS courses.

How many years does it take to become a company secretary?

Courses & Duration The CS (Company Secretary) is a 3 years professional course equivalent to the UG degree. The CS course is conducted by the ICSE (Institute of Company Secretaries of India).

Can Indian CS work in UK?

Scope for CS Abroad Still, it is necessary to mention that, having an Indian degree and work experience can help you in so many ways. You can get exemptions and benefits wherever you are with those. There are company secretaries working in Malaysia, Thailand, Canada, New Zealand, USA, UK, MENA etc.

Is MBA better than CS?

You get a decent salary package after completing CS. Whereas on other hand if you do a MBA from reputed college you will get a wide knowledge of management skills and concepts. … CS will be more of a core job where as MBA will be a management job. Hope this will help you to decide which field to choose after Bcom.

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Can a CS get govt job?

There are many job opportunities for corporate secretaries in government in various industries. … Candidates are given the opportunity to work in the stock market, corporate affairs department, legal board, and various government departments upon completing the course.

Who Earns More CA or CS?

CA vs CS: Salaries The average salary for CA is more than CS. According to Glassdoor, the average salary for a Company Secretary in India is Rs 6 lakhs while the average salary of a Chartered Accountant in India happens to be around Rs 8 Lakhs.

Can CS earn in crores?

Most of our respected senior Company Secretaries are earning more than One Crore Annually. In Self Practice initially one can earn 15000/- per month but after experience of 5-10 years in practice one can earn Rs. 1 lac to Rs. … In NCLT and Bankruptcy Matter one can get professional fees in Crores.

What is the highest salary of CS in India?

Highest reported salary offered as Company Secretary is 54lakhs. The top 10% of employees earn more than 42lakhs per year. The top 1% earn more than a whopping 50lakhs per year.

How many Cs are there in India?

Institute of Company Secretaries of India

Abbreviation ICSI
Legal status Statutory body under an act of Parliament of India, i.e. the Company Secretaries Act, 1980 (Act No. 56 of 1980)
Headquarters 22, ICSI HOUSE, Lodhi Road, Institutional Area, Lodhi Colony, New Delhi 110003, India
Region India
Membership 61750

Is CS a useless degree?

TLDR: CS is by far the most useless degree because you don’t need one. The entry level salaries are deceptive because you don’t need a degree. It’s not like the CS degree made you qualified to get that 100k+ job, you could have done it by going to a bootcamp or studying on your own for a year.

What is the work of CS in India?

Company Secretary (CS) executive is an important managerial and administrative part of a company. … He also plays a definite role as a Business Advisory to the board of directors of the company guiding them incorporate laws; corporate governance; strategic management; project planning; capital markets & securities laws.

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What can I do after 12th to become company secretary?

CA: Candidates who have qualified for their 12th exams in commerce with a minimum aggregate of 50% marks can apply for the foundation course. CS: For the foundation course, candidates must have a 12th pass or equivalent certificate from any stream.

Does cs require maths?

No, maths is not compulsory for company secretary. It is the course which can be pursued after 12th class. Institute of Company Secretaries of India is institute which conducts exams of cs, cs comprises of 3 stages cs foundation, cs executive, cs professional.

What is cs Post?

Company Secretary (CS) is one of the principal posts in a company. … To be able to professionally practice Company Secretaryship, an individual has to complete professional training and pass examinations. The Institute of Company Secretaries of India regulates and maintains the profession of Company Secretaries.

Which is toughest course in India?

Top 10 Toughest Course in India

  • Computer Science.
  • Chartered Accountancy.
  • Medicine.
  • Engineering.
  • MBA.
  • Architecture.
  • Psychology.
  • Civil Services.

What is the maximum salary of CS?

28,000 and Rs. 40,000. There is a lot of opportunities for increments as experience and a renowned employer can boost the salary of a company secretary to Rs.100,000 per month. … ICSI CS Salary in India Company Secretary Salary in India.

Particulars Company Secretary Salary Package
Profit-Sharing Rs 12,671 Rs 690,428

Is CS a good career in India?

The demand for the career as a company secretary is on the upswing. The profession has a tremendous growth along with attractive remuneration. A qualified company secretary is capable of finding a job in the public and private sectors, financial institutions and banks.

Which country is best for company secretary?

Australia is one of the most beautiful countries in the World. In Australia , there is a comparable course like ICSI where you may get membership of Chartered Secretary Australia and consequently the job of your choice.