Placement opportunities after completing CS

CS is responsible for the legal filings of the corporate, the quarterly, half-yearly and annual earnings disclosure of the company to its shareholders, tax information and account information. Here is all you need to know about the job scope available and salary offered to a CS professional. 

Company Secretary (CS) is a professional course that prepares the aspirant to learn how to take charge of statutory and legal compliance of a company which may be a private or a public enterprise. Those working as Company Secretary act as a connection or line of communication between corporate and government bodies. The need for CS has been rapidly increasing among the corporate world because of the introduction of the listing agreements and the Securities and Exchange Board of India (SEBI) rules, which the companies have to comply with. This increase in the stringent rules of the corporate has provided the companies to act upon the corporate compliance as well as much needed company disclosures which would be regulated and controlled by the CS. This line of communication is maintained and controlled by the CS who acts as a link between the company and the government regulating bodies. 

ICSI

Institute of Company Secretaries of India (ICSI) is a government-run institution that administers and regulates the course of Company Secretary under the Company Secretaries Act, 1980. The government body of the ICSI is responsible for developing and framing the policies and the rules of management of the profession of CS. The ICSI is responsible for providing course material, conduction of induction programmes and nurturing and developing soft skills for the students. 

Company Secretary Placement Opportunities

It is said that a law degree (LLB) as graduation along with Corporate Secretary certification can help a person with a CS degree in the long run in acquiring their dream jobs. As the job description of the CS says that most of the work of a company secretary is balancing the regulatory responsibilities of corporations. They assist the Board of Directors of the companies in dealing with the regulatory body and the issues that the company experiences so that it can operate within the regulations of corporate law. Therefore the study of LLB degree often very helps full for the CS. CS is responsible for the legal filings of the corporate, the quarterly, half-yearly and annual earnings disclosure of the company to its shareholders, tax information and account information.

Skills required by a CS

There are some popular skills which can earn a CS professional a good salary package. These include:

• Corporate governance: One of the best-paid skills in CS profession, corporate governance can ensure an annual salary package of over Rs 6 lakh. 
• Legal document review: This skill can help earn a CS professional of an average annual salary of over Rs 7 lakh. 
• Regulatory compliance: One can earn over Rs 6.7 lakh per annum on an average with this skill. 
• Taking meeting minutes: Can help a CS professional earn a salary of over Rs 6.14 lakh per annum on an average. 

Average Annual Salary of CS

The average annual salary of a CS professional is mostly defined by the number of attempts they have made to clear the exams. It is believed that if a candidate has cleared the exam in the first attempt, they are likely to get paid better than the ones clearing the exam in the second or the third attempt. A candidate is allowed to attend the final CS examination only three times in a lifetime.

• Freshers who pass the exam in the first attempt are paid average salaries ranging up to Rs 4.1 lakh per annum by private corporates. Government undertakings pay the same salary irrespective of the number of attempts required to pass.
• Freshers who pass in the 2nd attempt are paid average salaries ranging from Rs 3 to 3.5 lakh per annum.

It has been often seen that the salaries of the CS increase with time and experience rather than the number of attempts they have required to pass the examination. While the average salary of fresher may start at somewhere around Rs 4 lakh per annum, it can go up to Rs 9 lakh with an experience ranging between five and nine years and touch Rs 20 lakh per annum for those with an experience of 20 years and over. 

Scope of CS Overseas

There are several CS who are working in various countries, including the United States of America (US), Canada, the United Kingdom (UK), Singapore and Dubai. The average salary of such professionals are: