Introduction

CS or company secretary is one of the noblest of profession and can be compared to be at the same tier as CA, however being technically different. A company secretary is a key managerial person or an internal compliance officer of medium or large scale organizations whose primary duty is to maintain checks and balances within the company from a legal point of view. He/she is responsible for streamlining office workflow procedures, supervising internal matters such as providing assistance to managers and co-workers and simultaneously taking care of legal aspects such as company’s tax returns, audits and financial information. . They are actually corporate law experts with additional capabilities of advising upon finance, management, equities and strategies of a company. They provide assistance to the board of directors upon any kind of decision making within the context of legal and financial affairs. They are accountable for making sure that all the organizational operations are maintained following the corporate laws.

Scope of CS

Many students have a general misconception that the career path of CS is not rewarding and CS do not have that much scope in India. We with our expertise team at Bhagya  Achievers want to omit the misconception of student by listing some of the job opportunities or career scope one can expect after becoming a CS. Like Engineering, Medical and CA student need to appear for CS Executive Entrance Test (CSEET). After qualifying, students need to sit for CS Executive Exam and after that CS professional exam. Compared to the toughness to pass CA exams CS is quite easier but still students’ face challenges in passing CS. But with right guidance and support one can pass CS in first attempt. However, students are quite demotivated because of the misconception that there is not much scope upon pursing CS as a career.Moreover, company secretaries also holds the ability to apply for both governmental and private organizations, financial institutions, and banks. Company secretaries are also required by other government departments, company law boards and company affairs departments and they pay a decent salary to company secretaries.Thus, here are some of the career choices after pursuing CS:

• Company registrar: Company registrar held with responsibility of maintaining and regulating the provisions of the Company Act and the Limited Partnership Act. They need to maintain the register and records of the company. All kinds of company such as private limited companies, One Person Company, or Limited Liability partnership, all the records and returns must be filed with ROC under whose jurisdiction any particular company is registered.

• Legal Advisor: Company secretary can also become a legal advisor of company, where his/her dusty is to look over the legal and financial aspect of the company in compliance with corporate laws. They are also held with the duty of supervising the management of the company and largely contribute in decision making of the company.

• Corporate Policymaker: Company secretary can also work as a corporate policy maker where their primary duty is to create short-term and long-term corporate policies and providing advice to the board members on existing policies alongside concerning with the company’s legal department.

• Chief Administrative Officer: CS can also work as Chief administrative officer where their primary responsibility is to look over all the administrative activities and to safe guard all confidential and legal documents of the company. 

• Management: Company secretaries are one of the best when it comes to managerial responsibilities. They are held with the responsibilities to control over strategic management, human resource, corporate communications, information technology, and Public relations.

• Academia: Student pursuing CS as a career can also enroll themselves in teaching programs by joining institutions as teachers, professors or lecturers aiming to provide assistance to other aspirants.

• Running own consulting firm: After obtaining a certificate of practice a company secretary can also establish their own consulting firm. Companies with a paid-up share capital of rs.10 lakhs to 2 crores are eligible for hiring or employing other practicing company secretaries to issue corporate compliance certifications.

Salaries and pay scales of CS  

Company Secretaries earns a decent living within numerous industries. Most organization play a decent salary to the highly trained and experienced Company secretaries. Company secretaries typical wage structure is described below:

Benefits of becoming a Company Secretary (CS)

As mentioned earlier that many student may have the misconception that career choices upon becoming CS is nor promising, here in this section we will try to address to that misconception by listing some of the benefits of becoming a Company Secretary.

• The demand of CS is highly increasing with the increase in the growth of corporate sectors. Larger number of corporate offices are significantly increasing the demand of CS
• A company secretary received a decent salaries compared to some of the similar kind of profession and the profession itself is highly respected and prestigious.
• Working hours of a CS is flexible which is better for a healthy work-life balance
• CS course has no age restrictions. Anyone can enroll in a CS course at any age
• Career path of CS is highly secure and satisfying
• CS also gets chance to build solid relationships which is advantageous as they frequently interacts with the nation’s highest officials

• Conclusion

  As we have discussed about several opportunities one can expect after pursuing CS a career, it is important note that CS is one of the prestigious job role which comes with lots of responsibilities. Company secretary can work both in government or private firms and in both case they have to look after the operations and functions of the company from both legal and financial aspects. Preparation of CS is not that easy. However, Bhagya Achievers have curated the best structured courses for students which helps students get a better idea about the syllabus, the appropriate books they required for preparation as well as tips they need to follow to get success in exams. Bhagya Achievers also guide individual students by providing suggestion on what to do after clearing the exams by analyzing their skills and interests.