Company Secretary – A Career Maker of Life!
In the glut of various lines of career, students often get perplexed to choose the right course for their future as a career. As we know, choosing the right career during our school or college days was never so easy because of varied reasons – we usually enjoy our freedom and pay less attention to the career. With the bundle of current occupations exist in the corporate or public sector, one such profession is thriving since ages and the demand for this career role is not going to vanish anytime soon – that’s ‘Company Secretary’!
The dilemma of choosing the right course
The series of career path could only go with the flow if the right stream has opted soon after 10th standard. Students usually start receiving many wanted or unwanted advice from friends, parents, teachers, mentors or relatives. Perhaps, a student is the best judge for themselves as per the capability and their interest level they show in commerce steam for pursuing B.com along or together with CS executive course. Moreover, their marks and percentages are also countable for taking admissions in that, particularly interesting field.
Nevertheless, commerce students are typically not limited to a few options only. There are most reputable professions which could make their career to reach the highest levels of success with Chartered Accountancy or Company Secretary Courses. The chances of a bright future will no longer remain a dream for these chaps. Likewise, students could enroll in CS ‘foundation’ program soon after passing higher secondary school. And those who have passed their graduation could directly enroll into the second level of CS ‘executive’ program and third is CS ‘professional’ program.
Why there is a huge demand for Company Secretaries?
There is a lot of CS coaching institutes who provide potential opportunities waiting to get the door knocked for CS pursuing students. Because alike Chartered Accountants, the role of a Company Secretary is equally imperative, without which the companies could not work, that are listed at the stock market.
To comply with the prerequisites and meeting the conditions of SEBI and other governing bodies, the company secretary is required who has the unambiguous knowledge of the corporate laws and know-how to handle documentary matters. Doesn’t the hint of job profile sound amazing to hear? A secure, reputed, and well-established career is carried by the Company Secretary of the company.
Every public or privately listed company has a requirement to hire people who are suitable for this profile. The demand for Company Secretaries is massively great in any commercial office setups to take care of the compliances part of the company with that of the governmental laws.
Therefore, irrespective of region, most of the companies generate opportunities for prospective company secretaries with the remuneration they deserve as per experience, knowledge, etc. If we talk about our nation, India has a lot of CS coaching centers across every state, city, town and a large number of coaching center who train people arduously to make them become master of their profession.
The dynamic role of Company Secretary
Company Secretary – is a dynamic life-changing career for many aspiring students. The role of a company secretary is rigorously been designed for those who have interest in financials, laws of India, have the ability to comply with company laws and give comprehensive attention to detail out the things in front of management. The internal and external coordination with all regulatory bodies is the primitive part for the Company Secretaries.
The role aims to ensure that the company is complying adequately with all legal formalities, performing in accordance with SEBI (Securities and Exchange Board of India), Ministry of Corporate Affairs, sending across information to National Stock Exchange or Bombay Stock Exchange about all the latest amendments been taken or perhaps, put forth necessary information at local ROC (Registrar of Companies).
Company secretaries often act as the company’s in-house lawyers, taking care of everyday tasks/undertakings in a corporate secretarial department of the firm. They are purely accountable for conducting and organizing:
- Board meetings every quarter without fail, or in a month (in case of emergency)
- Their responsibilities include preparing the agenda papers and documentation
- Issuing board meeting notices to the Board of directors with agenda memorandum,
- Sending the resolutions to NSE/ BSE about the conclusion of the Board meetings, while handling other legal compliances of the company
Sounds exciting after hearing the role and responsibilities? Undoubtedly, the profile is dynamic in nature and also consists of some arduous efforts while sagging in Board meetings since they are the face of the meetings for organizing and conducting.
Pay scope of Company Secretary
The pay scale is also amazing for this dynamic role-playing people. Their starting earning begins with Rs. 2.5 lacs per annum for the trainee CS’s and goes up to Rs. 50 lac and beyond for the experienced ones. They earn good incentives and perks associated with their profile. One of the foremost reasons for choosing this career is mainly because of repute and better remuneration. In fact, aspirants can also run private practice at home or set-up their office in a commercial place and could make potential earnings in this field by running individually or in partnership.
Unlike other careers in different disciplines, students are frequently enrolling in the best coaching for CS in Delhi. As a large number of students are attracting to this field of real corporate professionals, also because after knowing the facts about the job securement, and especially, when a company is entirely depending on the CS for ensuring the proper functioning of compliances as per accordance with the corporate laws.
About Meri Padhai
The consistent role plays by Meripadhai enables you to connect with the most suitable CS coaching institutes in your location. They take your pre-counseling sessions to understand your requirement first and later, help you with suggestions and recommendations based on the student’s preferred location in Delhi or NCR region. Meripadhai conducts your demo class at a few educational centers or institutes. You can decide whether to continue at one of them or wants to switch to other institutes. The options available are in abundance to choose and go with.
