Career After CS: Employment Sectors, Practice Areas and Salary
The Company Secretary is a three-year professional course which is equivalent to the undergraduate programme. Institute of Company Secretaries of India conducts CS examination which is divided into three levels.
It is rightly said that the ‘future is brighter when you make the right choice’. The Company Secretary is an expert in corporate laws, capital market & security laws and corporate governance. They are responsible for all regulatory compliances of the company. A Company Secretary being a multidisciplinary professional renders services in the areas such as Corporate Laws Advisory and Representation Services, Financial Market Services, Corporate Governance and Secretarial Services and so forth. As a qualified Company Secretary, one has openings as practising independent professional and in employment. In this article by Shiksha, candidates will know various employment prospects and roles as a company secretary.
Which are the Popular Skills for Company Secretaries?
As a Company Secretary, one is needed to coordinate meetings, make travel arrangements, maintain attorney or lawyer calendars, minute books and time entries. Qualified Company Secretaries are also required to proofread, prepare and file documentation. To perform the duties as a Company Secretary, one must possess the popular skills. The important skills for the company secretary are correlated and help in getting the pay above average. Check the list of popular skills for Company Secretaries below:
- Corporate Governance
- Regulatory Compliance
- Legal Document Review
- Legal Compliance
- Taking Meeting Minutes
Career Prospects after Completing CS
Qualified Company Secretary in Employment
| Job Profile |
Job Description |
|---|---|
| Company Registrar |
As a Company Registrar, the employee takes care of the company’s registrations. He/she completes reporting and regulations of companies and their directors and shareholders. The Company Registrar also administers government reporting on several matters. |
| Assistant to the Board of Directors |
Assistant to the Board of Directors helps in accomplishing the company goals and implementing strategies effectively. Assistant make communication between the director and the divisions of the company. |
| Corporate Policymaker |
Policymakers adjust, change or implement the new policies, laws and regulations of the company. They can work for non-government or government organisations. Policymakers also help in steering regulation and political action in favourable ways. Policymakers who are willing to work with the government are expected to have a strong understanding of how political factions work and interact with others. Such policy makers’ analysis is expected to incorporate compromise and multiple paths to achieve a goal. |
| Legal Advisor |
As a legal advisor, one provides advice to the clients on legal documents, decisions and issues. These advisories specialise in the area of law. Legal advisors are used by the companies to prevent and resolve legal disputes between the company and government agencies or clients. They provide advice to the head of the legal department in the company, managing external and internal legal resources, and provide legal guidance on disputes, policies, employment, and contracts. |
| Corporate Planner |
A corporate planner is responsible for corporate performance, corporate planning and corporate project management processes. |
| Principal Secretary |
As a principal secretary on may advise the Prime Minister on foreign and domestic matters. They oversee the affairs of the department assigned by the PM and of ministers. They deal with the governmental, official and important paperwork in the office of PM. |
| Chief Administrative Officer |
A Chief Administrative Officer is in charge of administrative matters and staff. A CAO also oversees the accounting staff. They make sure that the staff follows the prescribed procedures, regulatory rules and regulations. |
| Managing Director |
These are high-level executives in corporations and companies. They are responsible for the company’s operations and strategic recommendations to its board members. MD ensures that the business goals are met by managing other employees. |
Qualified Company Secretary in Practice
Some of the important areas of recognition for Company Secretary in Practice include:
- Secretarial Audit
- Pre-certification of e-forms;
- Duty to report fraud;
- Appointment as Administrator (Section 259);
- Company Liquidators (Section 275);
- Professional assistance to Company Liquidator (Section 291);
- Qualifications of Tribunal (Section 409);
- Adjudication of penalties (Section 454);
- Legal, Secretarial and Corporate Governance
- Corporate Restructuring
- Foreign Collaborations and Joint Ventures
- Arbitration and Conciliation
- Financial Management
- Project Planning
- Capital Market and Investor Relations
- Due Diligence
- Corporate Advisory Services
- SEBI Act, SCRA and regulations made there under Depositories Act, 1996
- Exim Policy
Career After CS: Average Salary
| Job Profile |
Average Salary |
|---|---|
| Company Registrar |
INR 3,80,000 LPA |
| Assistant to the Board of Directors |
INR 4,95,000 LPA |
| Corporate Policymaker |
INR5,00,000 |
| Legal Advisor |
INR 5,95,365 LPA |
| Corporate Planner |
INR 7,00,000 LPA |
| Principal Secretary |
INR 2,70,000 LPA |
| Chief Administrative Officer |
INR 7,75,000 |
| Managing Director |
INR 4 Cr. |
Courtesy: Payscale
Shruti is a graduate in Education and Literature. She is a passionate writer. As her name suggests she is a good listener, a binge-watcher, and a great foodie. She loves playing badminton and doing meditation in her... Read Full Bio
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