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Blog posts of '2023' 'May'

Which is better CA or CS?

Well, as a student, it can be challenging to decide which career path to choose between becoming CA or CS Both professions have their own unique benefits and career prospects. Both the courses are Administered by the Ministry of Corporate Affairs and set up as a statutory body under an Act of Parliament. Both have respctive recognised Professional bodies in India to develop and regulate the profession in india. 

 

However, it's important to note that the "better" option depends on your personal interests, career goals, and the specific opportunities available in your region.

 

Here I will provide you a jist of both of the career options for better decision making:

 

  1. Chartered Accountancy Course: 

 

  • Role: CAs are financial professionals who provide services such as auditing, taxation, financial analysis, and business advisory. They ensure that financial records are accurate, tax obligations are met, and financial strategies are developed.

  • Qualification: To become a CA, you typically need to complete the CA course offered by the ICAI which involves a combination of academic studies, practical training, and passing the required examinations.

  • Career Prospects: CAs have diverse career opportunities in public accounting firms, corporate finance, investment banking, government agencies, and entrepreneurship. They can also pursue global opportunities as the CA qualification is recognized internationally.

 

  1. Company Secretary Course:

 

  • Role: CSs are responsible for ensuring that an organization complies with legal and regulatory requirements. They handle corporate governance, company law compliance, board meetings, maintaining company records, and advising directors on legal matters.

  • Qualification: To become a CS, you  need to complete the CS course provided by ICSI and be a member of the professional body. The program includes academic studies, practical training, and passing the required examinations.

  • Career Prospects: Similar to CAs, CS can also work in various sectors, including private companies, public organizations, non-profit organizations, consultancy firms and government bodies. They often hold key positions in corporate management, legal departments, and compliance role. 





Here in this table you will find the other important contents related to both the course:

 

Course

CA

CS

Levels

  • Foundation

  • Intermediate

  • Final

  • CSEET

  • Executive

  • Professional

Entry Route

  • Direct, or

  • 10+2

  • Direct, or

  • 10+2

Practical Training

3 Years 

2 Years

Attempts

No restriction on the no. of attempts

No restriction on the no. of attempts

Subjects

Foundation:

  • Principles and Practices of Accounting

  • Business Law and Business Correspondence and Reporting

  • Business Mathematics and Logical Reasoning & Statistics

  • Business Economics and Business and Commercial Knowledge


Intermediate:

  • Accounting

  • Corporate and Other Laws

  • Cost and Management Accounting

  • Taxation

  • Advanced Accounting

  • Auditing and Assurance

  • Enterprise Information Systems and Strategic Management

  • Financial Management and Economics for Finance


Final :

  • Financial Reporting

  • Strategic Financial Management

  • Advanced Auditing and Professional Ethics

  • Corporate and Economic Laws

  • Strategic Cost Management and Performance Evaluation

  • Elective Paper (Choose one out of six options)

  • Risk Management

  • Financial Services and Capital Markets

  • International Taxation

  • Economic Laws

  • Global Financial Reporting Standards



*Disclaimer: The syllabus of the course may change from time to time.

CSEET:


  • Business Communication 

  • Paper-2: Legal Aptitude and Logical Reasoning 

  • Paper-3: Economic and Business Environment 

  • Paper-4: Current Affairs, Presentation and Communication Skills.


Executive

  • Jurisprudence, Interpretation & General Laws

  • Company Law

  •  Setting up of Business Entities and Closure

  •  Setting up of Business Entities and Closure

  • Corporate & Management Accounting

  • .Securities Laws & Capital Market

  • Economic, Business and Commercial Laws

  • Financial and Strategic Management


Professional:

  • Governance, Risk Management, Compliances and Ethics

  • Advanced Tax Laws

  • Drafting, Pleadings and Appearances

  •  Secretarial Audit, Compliance Management and Due Diligence

  • Corporate Restructuring, Insolvency, Liquidation & Winding-up

  • Resolution of Corporate Disputes, Non-Compliances & Remedies

  • Corporate Funding & Listings in Stock Exchanges

  • Corporate Funding & Listings in Stock Exchanges

  • Elective Paper






*Disclaimer: The syllabus of the course may change from time to time.

Cost Involved

Approximately 1 to 2 lakh

Approximately 1 to 2 lakh

 

In Conclusion, both CA and CS are excellent career choices, and your decision should depend on your interests, skills, and career goals.

IS CS EASIER THAN CA?

 

Well the answer is very subjective. There is no such tangible parameter which can measure the toughness of both the courses. The difficulty level of a course depends on various factors, including your aptitude, interest, and prior knowledge in the relevant subjects.

 

The CA course is known for its demanding curriculum and difficult exams. It covers a wide range of subjects like accounting, taxation, auditing, and financial management. The exams are notorious for being quite tough, and the pass rates can be quite low. The course mainly focuses on practical subjects rather than theoretical.

 

Whereas, the CS course has its fair share of challenges in terms of huge syllabus. It focuses more on company law, corporate governance, and secretarial practices. It requires a solid understanding of legal and regulatory compliance. The exams can be tricky, and you need to stay on top of the ever-changing corporate rules and regulations.Meanwhile the CS has more of theoretical aspect in its course structure. 

It's worth noting that both courses require rigorous study dedication, and a thorough understanding of the respective subject matters. The difficulty level  in any professional course is subjective and varies from person to person. Some individuals may find certain aspects of one course more challenging, while others may excel in those areas.

Ultimately, the choice between the CS and CA course should be based on your personal interests, career goals, and aptitude. It's advsable to carefully consider the curriculum, subject matter, and professional opportunities associated with each course before making a decision.

 

CAN A NON MATHEMATICS STUDENT PURSUE CS?

 

Absolutely YES! The CS course is designed in such a way that any student coming from any academic background can pursue the course irrespective of what stream he has pursued which definitely makes the CS course wholesome.

 

While a basic understanding of mathematics can be helpful in certain areas of the course, such as financial management and accounting, the CS course primarily focuses on legal, governance, and compliance aspects related to corporate law.

 

The CS course covers subjects such as business law, company law, corporate governance, and other legal and regulatory frameworks. These subjects do not heavily rely on advanced mathematical concepts. Instead, they require analytical and logical thinking, interpretation of legal provisions, and understanding of company regulations.

 

Overall, being a non-math student should not be a barrier to pursuing the CS course. 

 

CA VS CS PASS PERCENTAGE

 

Although the The passing percentages can vary from year to year and may depend on factors such as the difficulty level of the exam the number of candidates, and the overall performance.

 

For better understanding I will put below the passing percentages of both the exams .



Course

Group

*Passing percentage


CS Executive

Group I

8.76%

Group II

18.12%



CS Professional

Group I

22.07&

Group II

18.17%

Group III

18.90%



*Pass percentages are according to the official press release of ICSI from June 2022 Examination.








Course

Group

*Passing percentage


CA Intermediate

Group I

21.19%

Group II

24.44%



CA Final

Group I

21.39%

Group II

18.61%

 

*Pass percentages are according to the official press release of ICAI from Nov 22 Examination.






WHO IS PAID MORE, CA OR CS?

 

In general, CAs tend to have higher earning potential compared to CS. However, it's important to note that the income of professionals can vary significantly based on factors such as experience, expertise, industry, location, and demand-supply dynamics.

CAs often work in diverse roles such as auditing, taxation, financial analysis, and advisory services. Their expertise in financial matters and the broad scope of their work can contribute to higher earning potential. 

On the other hand, CS primarily focus on corporate law, compliance, and corporate governance. While they hold a Key Position in any organisation their expertise is highly valued in ensuring legal and regulatory compliance within organizations, the earning potential may vary depending on the specific industry, organization size, and the demand for CS services.

It's to be noted that salary levels can differ significantly between individuals, even within the same profession. Factors such as experience, qualifications, performance, and negotiation skills also play a role in determining salary levels. 

 

CS ALONG WITH CA AND MBA SALARY IN INDIA?

 

The salary for a CS degree, along with a CA and MBA qualifications can vary based on various factors such as experience, job role, industry, and location.

 

Although Both of the three Professions do not require any additional degree to work in any organisation as the courses are self sufficient. Moreover, It is witnessed in India that a Professional whether be a CA or CS or MBA, they are being hired based on their single Professional background and not for holding multiple Professional degrees.



Here is a an overview of the salary ranges for these professions in India:

 

  1. CS: The starting salary for a CS in India can range from ₹4-6 lakhs p.a.. With experience and expertise, CS can earn salaries ranging from ₹10-25 lakhs p.a. However slaries can be higher for CS working in top companies or in senior management roles.

 

  1. CA: The salary for  CAs in India can vary significantly depending on many factors like experience industry, and location. Fresher CA graduates can expect an initial salary of around ₹5-10 lakhs p.a. With few years of experience CAs can earn salaries ranging from ₹10-20 lakhs p.a. Those working in top accounting firms or multinational corporations can earn even higher salaries.

 

  1. MBA: Salaries for MBAs in India are influenced by factors especially by the business school's reputation. Generally the starting salary for an MBA graduated from institutes like IIMs in India can range from ₹6-12 lakhs p.a. With experience and specialization, MBA professionals can earn salaries ranging from ₹15-30 lakhs p.a. 

 

Please note that these salary ranges are approximate and can vary based on individual circumstances and market conditions. 

Stages to become a company secretary

Let's talk about the stages to becoming a Company Secretary.

 

Here are the stages you need to go through to become a Company Secretary:

 

  1. Clear your 10+2 exams: The first step to becoming a Company Secretary is to clear your 10+2 exams. You need to have passed your 10+2 exams from a recognized board

 

  1. Register for the CSEET: The next step is to register for the CSEET course with ICSI. The registration process is pretty simple, and you can do it online.

 

  1. Clear the CSEET course: After registering for the CSEET Course, you need to clear it. The CSEET Course is an entry-level entrance exam that tests your knowledge of the basics of Communication, Reasoning, Current affairs .

 

  1. Register for the Executive Programme: Once you clear the CSEET Course, you can register for the Executive Programme with the ICSI. This is the next level of the CS course.

 

  1. Completion of One day orientation Programme [ODOP]: It is a Programme conducted by ICSI in their different chapters just to introduce students towards the CS Journey. Students need to complete the programme before appearing for Executive exams.

 

  1. Qualifying Pre Test: Pre test is a mock test conducted by ICSI through online mode which requires to be cleared in order to be eligible to appear in the CS executive exams.

 

  1. Clear the Executive Programme: After registering for the Executive Programme, you need to clear it. The Executive Programme is a more advanced level of the CS course and covers topics like corporate management, financial management, and securities laws.

 

  1. Register for the Professional Programme: After clearing the Executive Programme, you can register for the Professional Programme. This is the final stage of the CS course.

 

  1. Qualifying Pre Test: Pre test is a mock test conducted by ICSI through online mode which requires to be cleared in order to be eligible to appear in the CS Professional exams.

 

  1. Clear the Professional Programme: The last step to becoming a CS is to clear the Professional Programme. This is the most advanced level of the CS course and covers topics like corporate governance, ethics, and sustainability.








Here's a tabular format categorizing the information about the stages to become a CS:

 

Stage

Description

Stage 1:

Clear your 10+2 exams

Stage 2:

Register for the CSEET Course with the ICSI

Stage 3:

Clear the CSEET Course

Stage 4:

Register for the Executive Programme with the ICSI

Stage 5:

Complete One days orientation Programme

Stage 6:

Clear Pre Test

Stage 7:

Clear the Executive Programme

Stage 8:

Register for the Professional Programme with the ICSI

Stage 9:

Clear Pre Test

Stage 10:

Clear the Professional Programme

Completion:

Become a qualified Company Secretary and start your career

 

🧑‍🎓WHAT ARE THE STEPS OF BECOMING CS:

 

So, here are the step-by-step instructions to become a CS:

 

Step 1: Complete 10+2 Education

  • Finish your high school education and successfully pass your 10+2 exams from a recognized board.

 

Step 2: Register for the CSEET

  • Register with the ICSI for the CSEET, which is the first level of the CS course.

 

Step 3: Clear the CSEET

  • Study and prepare for the CSEET examinations and successfully clear all the subjects.

 

Step 4: Register for the Executive Programme

  • Once you've cleared the Foundation Course, register for the Executive Programme, which is the next level of the CS course.

 

Step 5: Complete Executive Programme

  • Study the subjects covered in the Executive Programme and successfully pass all the examinations.

 

Step 6: Complete Executive development Programme (EDP)

  • Register yourself for the EDP which is a 30 days Programme conducted by ICSI in their regional Chapters. Out of 30 days, 15 days are being conducted in online mode and the rest of 15 days are conducted through offline mode.

 

Register as an Articled/Management Trainee

  • After completing the Executive Programme, register as a ManagementTrainee with a practicing CS or a company for practical training. Now it is important to note that training can be undergone after clearing CS Professionals also. But It can only be started after passing the CS Executive Programme.

 

Step 7: Practical Training

  • Undergo practical training for a period of 21 months, acquiring hands-on experience in company secretarial work.

 

Step 8: Clear Professional Programme

  • Register for the Professional Programme and prepare for the advanced level subjects of the CS course.




Step 9: CLDP:

  • Corporate Leadership and Development programme (CLDP) is an in-house training programme organized by ICSI where the training ranges between 40-60 days depending upon the schedule.

 

Step 10: Apply for Associate Membership

  • After completing the practical experience requirement, apply for Associate Membership with the ICSI, indicating successful completion of all stages of the CS course.

 

Step 11: Designation as Company Secretary

  • Upon becoming an Associate Member of the ICSI, you can use the designation of "CS" and work as a qualified professional in the field of corporate governance and compliance.

 

🧑‍🎓HOW LONG DOES IT TAKE TO BECOME COMPANY SECRETARY

 

Although it's quite hard to tell the exact time period one needs to invest to become a qualified CS. However, In general parlance it would take around 4-6 years depending upon the no. of attempts a student has to go through in order to qualify all the three stages of the exam. Lets see How:

 

Stage 1: CSEET- Considering a student is entering CS after 10+2, it would take around 6 months to complete the CSEET.

 

Stage 2: Executive Programme: Executive Programme has got a syllabus which is extensive and needs plenty of your time to prepare and crack the exam. It would take around 1 year for an average student to clear this stage.

 

Stage 3: Professional Programme: It is the final and the advanced stage of the course which can be completed between 1 to 1.5 years of time,

 

Now, a student remains with Practical training which is of 21 months along with 60 days CLDP. 

 

After going through all the above phases of the course, a student is called a qualified CS.

Furthermore, it is worth noting here that the time quoted above is pressuming that a student is taking a single attempt to clear the exam. The time that will be taken for the students taking multiple attempts can vary.

🧑‍🎓CAN I FINISH A CS DEGREE IN 3 YEARS

 

👉Hey there, eager explorer! So, you're curious about conquering the CS course in a swift 3 years, huh? Well, I'm here to spill the beans.The straight answer is definitely NOT. Even if a student is clearing the respective stages in single sitting or by single attempt, the Practical training aspect of the course is itself of 2 years which makes it even next to impossible to clear the entire course in 3 years.

 

👉Typically, becoming a CS involves a combination of education, professional courses, and practical training. A student with a relevant bachelor's degree can enroll in the professional course offered by the ICSI directly to the Executive Programme & complete it in about one year. However, this may vary based on individual pace, availability of study materials, and the number of attempts needed to clear the exams.

 

👉After completing the professional course, the student shall need to undergo practical training, which can take an additional two years or so. 




🧑‍🎓HOW TO BECOME A COMPANY SECRETARY AFTER 12TH 

 

Well, If you're looking to become a company secretary after 12th grade, here's a roadmap to guide you through the process:

 

  1. Enroll for the Company Secretary Course: You can enroll for the CS course offered by the ICSI after 12th.. The course is divided into three stages, namely the CSEET , executive, and professional programme.

 

  1. Clear the CSEET: To proceed with the course, you need to clear the CSEET exam, which tests your understanding of the business Communication, Legal and logical reasoning & current affairs.

 

  1. Complete the Executive and Professional Programs: After clearing the CSEET ,you can enroll for the executive programme, which covers advanced topics in company law, securities law, and corporate governance. Once you clear the executive program, you can proceed to the professional programme, which focuses on corporate compliance, ethics, and risk management.

 

  1. Undergo Practical Training: After completing the professional program, you need to undergo practical training for a period of 21 months. This training can be completed either before or after clearing the professional program and provides hands-on experience in company secretarial practice.

  2. Register as a CS: Once you complete the practical training, you can register as a CS with the ICSI and become a member of the Institute.





🧑‍🎓HOW TO BECOME A COMPANY SECRETARY AFTER GRADUATION

 

If you have already graduated and want to pursue a career as a company secretary, here's a step-by-step guide to help you on your journey:

  1. Enroll for the CS Executive Programme: The first step to enter the CS course is by registering for the Executive Programme.Yes, you heard that right. ICSI provides privileges to the students who are graduates to directly enter into the CS Executive Programme. The course is divided into two stages for graduates - Executive and professional programme.

 

  1. Complete the Executive and Professional Programme: After clearing the executive programme, which covers advanced topics in company law, securities law, and corporate governance. Once you clear the executive program, you can proceed to the professional program, which focuses on corporate compliance, ethics, and risk management.

 

  1. Undergo Practical Training: After completing the professional program, you need to undergo practical training for a period of 21 months. This training provides hands-on experience in company secretarial practice and prepares you for real-world scenarios.

  2. Register as a CS: Once you complete the practical training you can ragister as a CS with the ICSI and become a member of the Institute.

 

It's important to note that becoming a CS requires dedication, hard work, and a deep understanding of corporate laws and regulations. However, with the right mindset and preparation, you can build a successful career in this field. Good luck on your journey.

 

How Many Levels Are There in the Company Secretary Course?

The CS course is a professional course that is conducted by the ICSI. It is a comprehensive course that trains individuals to become experts in corporate law, corporate governance, and company management. 

 

The course have three levels, namely CSEET, Executive, and Professional.

 

  1. CS Executive entrance test (CSEET) : This is the first level of the CS course. It is an entry-level course that provides students with an understanding of the basics of corporate law, business communication, and economics. The duration of this course is 6 months, and it is open to students who have completed their 10+2 education.CSEET is held on a single day consisting of two parts:

 

  1. Computer based test: 120 Minutes for 

(i) Business Communication 

(ii) Legal Aptitude & Logical Reasoning 

(iii) Economic and Business Environment & 

(iv) Current Affairs

 

  1. Viva Voce-15 Minutes on Presentation & Communication Skills

 

An aggregate of 50% and minimum 40% marks in each subject is the qualifying criteria for CSEET. The duration of CSEET is 135 minutes (120 Minutes for MCQ test and 15 minutes for Viva Voce).







  1. Executive Programme: The Executive level is the second level of the CS course. It is a more advanced level that provides students with a deeper understanding of corporate law corporate governance, and company management. The duration of this course are nine months, and it is open to students who have completed their graduation. The Executive level has eight papers, which are Company Law, Cost and Management Accounting, Economic and Commercial Laws, Tax Laws and Practice, Company Accounts, Capital Markets and Securities Laws, Industrial, Labor, and General Laws, and Corporate and Management Accounting.

 

 

  1. Professional Programme: The Professional level is the final level of the CS course. It is the most advanced level that provides students with a comprehensive understanding of corporate law, corporate governance, and company management. The duration of this course is ten months, and it is open to students who have completed the Executive level. The Professional level have 9 papers, which are Advanced Company Law and Practice, Secretarial Audit, Compliance Management and Due Diligence, Corporate Restructuring, Valuation and Insolvency, Information Technology and Systems Audit, Financial, Treasury and Forex Management, Ethics, Governance and Sustainability, Drafting, Appearances and Pleadings, and Elective papers

 

In addition to these three levels, the CS course also includes a practical training program of 21 months that is mandatory for all students. The practical training program is divided into two parts, which are Executive Development Program (EDP) and CLDP (Corporate Leadership development Program) The EDP is for students who have completed the Executive level, and it is a 1 month program that focuses on the practical aspects of corporate law, corporate governance, and company management. The CLDP is for students who have completed the Professional level, and it is a 30-60 days program that focuses on the practical application of the knowledge gained during the CS course.

 

The CS course is a highly respected course that provides students with a comprehensive understanding of corporate law, corporate governance, and company management. It is a challenging course that requires dedication, hard work, and a passion for learning. However, once you complete the course, you will be equipped with the knowledge and skills necessary to become a successful CS.

After completing all three levels of the CS course and fulfilling the other requirements, a candidate can become a qualified CS and be eligible to practice as a professional.



 

Where should I get coaching for CSEET?

 

Imagine studying in a vibrant virtual classroom filled with fellow ambitious warriors, all equipped with their virtual shields (laptops, of course). Your tutors, the wise sages of knowledge, guide you through the intricate paths of corporate law, economics, and accounting. But fear not! They've mastered the art of transforming complex concepts into exciting tales and engaging challenges. Now, Let's talk about where you can find some top notch coaching options :

 

  1. ICSI: ICSI is the official body that conducts the CSEET exam. They also provide coaching for the exam through their Regional and Chapter offices. Students can get more details in their respective Chapters.

 

  1. Private Coaching Institutes: Many private coaching institutes offer CSEET coaching. Some of the popular ones include Yes Academy in Pune.

 

  1. Online Coaching: If you prefer a more flexible approach, online coaching platforms are a fantastic option. They offer a wide range of study materials, video lectures, and practice tests, all accessible from the comfort of your own home. Plus, you can choose your own study schedule and learn at your own pace. If you ask me to suggest one Online coaching center I would definitely recommend Yes academy. It  could be a good option for CSEET students. Here they provide quality classes with goal oriented teaching styles along with updated Study material. Highest numbers of AIRs are being produced by Yes academy every year which shows the amount of dedication put by each teacher. If one desires to clear CSEET smoothly, he should always go for the best coaching institute which can be other than Yes academy.

 

  1. Self-Study: If you prefer to study on your own, you can also opt for self-study. You can buy study materials from ICSI or other publishers and prepare for the exam on your own.

Ultimately, the choice of coaching option depends on your learning style, budget, and time constraints. It's best to do some research and choose an option that suits you the best.

In conclusion, choosing the right coaching institute can make a significant difference in your CSEET preparation. Look for an institute that provides personalized attention, a flexible course structure, and has a proven track record of producing successful candidates. Make sure to do your research and choose an institute that suits your learning needs and schedule.

 

What are the best online classes for CSEET?

 

On the Internet there are several online classes available for this course. The best ones are those that provide comprehensive coverage of the whole syllabus and offer engaging and interactive learning experiences. Here are some of the best online classes 



While there are several online classes available for CSEET, the best ones are those that provide comprehensive coverage of the exam syllabus and offer engaging and interactive learning experiences. Here are some of the best online classes for CSEET:

 

  1. ICSI's CSEET Online Classes: ICSI offers online classes for CSEET on its official website. These classes are designed by experienced faculty members and cover all the topics included in syllabu. The classes are interactive and engaging, with practical examples and case studies to help students understand the concepts better.

 

  1. Yes Academy: Yes academy is the most popular online education platform founded by CS Vikas Vohra sir which offers comprehensive online classes for CSEET. The Institute is based in Pune but students can get classes from online mode. The classes are designed by experienced professionals and cover all the topics included in the exam syllabus. Yes academy's classes are interactive and engaging, with quizzes and assignments to help students test their knowledge. Not only their dedication motivates the students but also it guides the students with the right path of knowledge.

 

  1. MEPL : It is another Coaching classes provider for CSEET. MEPL is founded by Late Mohit Agarwal, who was also a CA & CS with All India Ranks. The Institute is from Kolkata and is providing quality online classes with unlimited no. of views. Students can watch classes from anytime anywhere mode which makes it more handy and affordable for the students.

 

  1. I CAN academy: It is Another Online coaching class founded by Dushyant Jain sir, who is itself a CS. The team consists of qualified Company secretaries to guide students with proper strategy and plan.

 

Before choosing an online class for CSEET, make sure to read reviews and check the credentials of the faculty members to ensure that you are getting the best possible education.










What is the syllabus of CSEET?

 

Alrighty then! Now I won't bore you with a formal rundown of the syllabus. Instead, I'll break it down for you in a more casual and friendly manner.



The CSEET is an entrance exam for admission to the CS Executive Programme. The CSEET syllabus is designed to provide students with a comprehensive understanding of the legal, regulatory, and financial aspects of corporate governance.

 

The CSEET syllabus covers four papers, each of which focuses on a specific area of study:

 

  1. Business Communication: Imagine yourself as the smooth-talking guru of emails, memos, and reports. This section will teach you how to communicate like a pro in the business world. From writing killer emails to crafting persuasive reports, you'll learn the art of effective communication.

Sub topics are - 

  • Essentials of Good English 

  • Communication

  • Business Correspondence

  • Common Business Terminologies

 

  1. Legal Aptitude and Logical Reasoning: This part tests your ability to think critically and logically. You'll encounter brain-teasers, puzzles, and legal scenarios that will make you scratch your head. It's like a mental obstacle course, but don't worry, you'll come out stronger on the other side.

Sub topics are - 

  • Indian Constitution

  • Elements of General Laws (Indian Contract Act and Law of Torts

  • Elements of Company Secretaries Legislation

  • Elements of Company Law

  • Legal reasoning

  • Logical reasoning

  • Verbal reasoning

  • Non Verbal Reasoning

 

  1. Economic and Business Environment: this section covers the basics of microeconomics, macroeconomics, and the overall business environment. You'll learn about supply and demand, GDP, inflation, and all those fancy economic terms. Understanding how the economy works is key to being a well-rounded company secretary.

Sub topics are - 

  • Basics of Demand and Supply and Forms of Market Competition

  • National Income Accounting and Related Concepts

  • National Income Accounting and Related Concepts

  • Indian Financial Markets

  • Indian Economy

  • Entrepreneurship Scenario

  • Business Environment

  • Key Government Institutions 

 

  1. Current Affairs, Presentation, and Communication Skills: This part focuses on current events, both national and international. From politics to business trends, you'll be expected to know what's going on. So, keep your eyes peeled and stay updated!

Sub topics are- 

  • Key Government Institutions 

  • Listening Skills

  • Written Communication Skills

  • Oral Communication Skills 

 

In addition to these four papers, the CSEET syllabus also includes a computer-based test on Elements of Company Law  which covers the basic principles of company law, including the formation of a company or Corporation, its management and its dissolution.

 

The exam consists of 4 papers, each paper will be of 50 marks and total marks will be 200. Each paper will have objective type questions.

 

Keep in mind that the ICSI’s syllabus may change from time to time, so it is important to refer to the official ICSI website for the latest updates & amendments.

 

To prepare for the CSEET students should focus on building a strong foundation in each of these areas. They should also practice their writing and communication skills as well as their ability to reason logically and present information effectively.

 

To succeed in the CSEET, students should also develop good study habits and time management skills. They should set aside dedicated study time each day, and prioritize their coursework to ensure they are making progress in all areas.

 

Overall, the CSEET syllabus is designed to provide students with a comprehensive understanding of the legal, regulatory, and financial aspects of corporate governance. By focusing on each of the four papers and practicing their skills, students can prepare themselves for success on this challenging exam and for a rewarding career in the field of company secretarial practice.





Which is the best Youtube Channel for CSEET Preparation?

 

After you have got ample amount of information about CSEET syllabus, let's introduce you to the best Youtube Channel for CSEET, where you will be benefited with loads of CSEET exam preparation contents FREE OF COST.

 

 

Yes Academy is a leading coaching institute that has been providing high-quality coaching for professional courses with an experience of 40 Years. experienced faculty, rigorous curriculum, and personalized attention and with a  bouquet of All India rankers make them the top choice for students looking to succeed in the CSEET. 

YES ACADEMY!!🥳 Yes, It is the only Youtube Channel that is providing CSEET Batch for the May/June 2023 attempt to all CS Aspirants. One can get the Free lectures online through their Youtube Channel or do the live classes at their Pune Center. Stay updated with all the amendments and additions in chapters and changes in syllabus with the Youtube Channel of Yes Academy.

 

Here one can get-

  • Regular detailed lectures with real life illustrations

  • Revision/Marathon lectures before exams

  • Chapterwise & final test series based upon ICSI exam paper pattern

  • Monthly updates provided by ICSI

  • Free study material

 

👉Yes Academy Youtube Link - https://www.youtube.com/c/YESAcademyforCS

 

👉Free CSEET Online batch Details Video- CSEET online free classes

 

👉For Yes Academy free notes - ttps://www.yesacademy.co.in/downloads-cseet

 

👉Course details- https://www.yesacademy.co.in/free-cseet-batch

So if you are looking for the best coaching Youtube Channel for the CSEET, look no further than Yes Academy. With their experienced faculty, rigorous curriculum, and personalized attention, They are considered to be the Best Youtube Channel across India by the students of CS.



How Many attempts can a candidate give for CSEET?

 

Well, the good news there are NO RESTRICTIONS on no. of attempts. However, a student has to register himself for CSEET everytime he wants to appear for the exam by Just paying Rs. 1500/-. CSEET is conducted by ICSI Four times a year which means a student can appear for the exam four times a year with each time getting himself registered. Students may register online at ICSI Website: www.icsi.edu under the online services option by making payment through payment gateway.



How do I Prepare for CSEET?

 

The level of difficulty of CSEET can vary depending on the individual's prior knowledge, aptitude, and preparation strategy. However, in general, CSEET is considered to be a moderately difficult exam that requires a good amount of preparation and dedication to crack. Here are some tips to prepare for CSEET:

 

  1. Understand the exam pattern: The first step to preparing for any exam is to understand its pattern. CSEET is an online test of 200 marks, which is divided into four sections - Business Communication , Legal Aptitude and Logical Reasoning, Economic and Business Environment, and Current Affairs. You will have to score at least 40% marks in each section and a total of 50% to clear the exm.

  2. Get familiar with the syllabus: Once you know the exam pattern, get familiar with the syllabus. Download the syllabus from the ICSI website and create a study plan accordingly.

  3. Refer to study materials: To prepare for CSEET, you can refer to study materials provided by ICSI, which include study materials, revision test papers, and mock test papers. And also you can refer to the  FREE study materials prepared by Yes Academy which are prepared with providing special attention to those topics which require more effort.

  4. Practice previous year papers: Practicing previous year papers will give you an idea of the type of questions asked in the exam and the level of difficulty. You can download previous year papers from the ICSI website.

  5. Join a coaching institute: Joining a coaching institute will help you prepare for CSEET better as they will provide you with a structured study plan, expert guidance, and regular mock tests.

  6. Take mock tests: Taking mock tests will help you evaluate your preparation and identify your strengths and weaknsses You can also take mock tests provided by ICSI and coaching institutes.

  7. Stay updated with current affairs: Current affairs is an important section in the CSEET exam. Stay updated with the latest news and events by reading newspapers, watching news channels, and following news websites. Also you can refer to the Youtube Channel of Yes Academy to stay updated with the topics.

  8. Be Consistent: To clear any Professional exam, one needs consistency. It matters more than the hour of study a student studies daily. Study for whatever hours, but study daily. This will form the habit of studying and helping the student to be more focused.

Last but not the least students, Remember to stay focused and disciplined during your CSEET preparation. With consistent effort and a positive attitude, you can clear the exam and start your journey towards becoming a CS. 

With this I will end my blog here and I hope I have helped you to get a clear picture of the entire course with specific focus on CSEET. See you next time. Happy Studies! :-) 

 

Students can download the study material from ICSI website - https://www.icsi.edu/student-n/cseet/reference-reading-material/

 

Syllabus of CSEET is available on the website:

https://www.icsi.edu/media/webmodules/CSEET_SYLLABUS.pdf

 

Image Credits to Flaticon-  www.flaticon.com



Is company secretary a good career?

Hey there! So you are curious about CS as a career option? Well, let me tell you it is definitely worth considering, especially if you are a person from a commerce background. Well, It is worth noting that the cost involved in pursuing the course is minimal and can be pursued by any student belonging to any class of the society. Apart from that there is neither any AGE barrier nor any CASTE reservations which make it more attractive as a career option. 

 

It provides two types of career options as a CS. One is as a CS in Employment, another one is CS as a Practitioner.

 

Now Let's talk about CS in Employment

 

  • CS is a highly respectable job in India coupled with legal responsibility. As a CS in Employment, you'll be responsible for ensuring that a company operates within legal and regulatory frameworks. You'll be the go-to person for the Board of Directors, advising them on governance, compliance, and ethics.

  • A CS is defined as a KEY MANAGERIAL PERSON under the Companies Act, 2013

  • All Companies with a paid up share capital of Rs. 10 crore or more are compulsorily required to appoint a whole-time Company Secretary under section 203 of Companies Act, 2013. 

  • All Listed Companies in India are required to appoint CS as a Compliance officer, which is again a senior position in any organisation.

 

CS in Practice/Self employed

 

  • A CS in Practice is recognised to issue compliance certificates and attest documents under: 

  1. The  Companies Act, 2013

  2. SEBI Act,SCRA , and

  3. Depositories Act, 2013

  • He is required to certify Annual Return of every company.

  • He is needed to Certify multiple E forms of Companies Act, 2013 that are to be filed regularly with ROC.

  • He is authorised under the Listing Regulations, to issue Corporate Governance Certificate.

  • He is also authorised to issue compliance certificate and so on.

 

DOES COMPANY SECRETARY HAVE SCOPE IN FUTURE?

 

In Corporate world, Future is all about good Corporate Governance within and outside the organisation. Gone are the days, when the role of CS was only confined to secretarial compliances and maintaining statutory books. As businesses continue to grow and expand globally, the need for skilled professionals who can navigate complex legal and regulatory landscapes will only increase. Company Secretaries will be in high demand to ensure that companies adhere to ever-changing laws and regulations, both domestically and internationally.

 

Here are some aspects that may define the scope of a Company Secretary in the future:

 

  1. Corporate Governance: The importance of corporate governance is likely to continue growing, with increased emphasis on ethical practices, transparency, and accountability. Company Secretaries will play a vital role in ensuring compliance with governance standards.

  2. Regulatory Compliance: As regulatory frameworks become more complex and dynamic, Company Secretaries will need to stay updated with the latest legal and regulatory requirements. 

  3. Strategic Advisory: CS can contribute significantly  strategic decision making processes. They possess a holistic understanding of the organization's operations and governance practices. 

  4. Stakeholder Management: Effective communication and relationship management with stakeholders will be a critical aspect of the CS role in the future. 

  5. Sustainability and ESG: Environmental, Social, and Governance (ESG) considerations are gaining prominence in the corporate world. Company Secretaries will likely be involved in developing and implementing sustainability strategies.



CS SCOPE AND SALARY

 

Well, the scope of CS is wide ranging. It starts with Secretarial Compliance to act as Governance Professional. I will try to write about it in a brief manner:

  1. Secretarial Audit : Secretarial Audit is entirely and exclusively done by a qualified CS.

  2. Filling of various documents/returns as required under the provisions of various Corporate Laws.

  3. Acting as a Compliance Officer for Listed entities.

  4. Acting as a bridge between the Board of the company and the outsiders.

  5. Representing the Company before Various Authorities.

  6. Ensuring that the correct procedures have been followed that would result in the correctness, authenticity and comprehensiveness of the information, statements and reports filed by the listed entity under these regulations

  7. Providing Certificate regarding Transfer of Securities to listed entities

  8. Issuing certificate regarding compliance of conditions of Corporate Governance. 

  9. Issuing a certificate regarding Issuance of securities to more than 49 and up to 200 investors, and the refund procedure as prescribed by SEBI has been duly complied with.

  10. Practicing Company Secretary who is a Valuer is recognised under the following Regulations:

  1. SEBI (Real Estate Investment Trusts) Regulations, 2014

  2. The SEBI (Infrastructure Investment Trusts) Regulations, 2014

 

SALARY STRUCTURE

 

  • The salary structure of a CS varies depending on factors such as the size of the company, the location, and the experience and qualifications of the individual.

  • Generally, a fresher CS  can expect to earn an average annual salary of around Rs. 4-5 lakhs p.a 

  • For a mid-level CS with around 5-10 years of experience, the average annual salary can range from Rs. 10- 24 lakhs p.a.

  • At a senior level, with more than 10 years of experience, the salary of a CS can go up to Rs. 50 lakhs p.a or even higher, depending on the company's size and industry.

 

CAREER OPTIONS AFTER COMPLETING CS

 

After completing CS, there are several career options available to you. Here are some of the common paths you can consider:

 

  1. Corporate Secretary: Many companies, especially larger organizations, require the expertise of a CS to ensure compliance with legal and regulatory requirements. 

 

  1. Compliance Officer: With your knowledge of laws and regulations, you can pursue a career as a Compliance Officer. In this role, you would ensure that an organization adheres to legal and regulatory frameworks, conducts internal audits, develops compliance policies, and provides training to employees on compliance matters.

 

  1. Legal Advisor: As a CS , you have a solid foundation in corporate and commercial law. You can leverage this knowledge to work as a Legal Advisor or Legal Consultant, providing legal guidance to individuals or organizations on various legal matters such as contracts, intellectual property employment law, or corporate restructuring.

 

  1. Risk Manager: Your understanding of corporate governance and legal compliance positions you well for a career in risk management. As a Risk Manager, you would identify and assess potential risks to an organization operations, develop risk mitigation strategies, and ensure compliance with relevant regulations to minimize potential liabilities

 

  1. Corporate Governance Prfessional: You can offer your expertise as a Corporate Governance Consultant to help organizations establish effective corporate governance structures, policies, and practices.

 

  1. Entrepreneurship: You can start your own consultancy firm or business. You can offer services like company registration legal compliance, and corporate secretarial assistance to SMEs & startups.

 

  1. Academic and Teaching: If you have a passion for sharing knowledge you can become a lecturer, professor, or researcher in the field of law, corporate governance, or business administration, imparting your expertise to aspiring professionals.

 

How long does it take to become a CS?
Well, this is the most common question that is being faced by the curious mind of a CS aspirant. The answer could be a subjective one because it depends upon one student to another and the number of attempts he takes in clearing the CS exams. If I talk in a calculative way, it can take a minimum of 5 years. Lets see How?