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FIELDS OF EDUCATION,
CAREER OPTIONS AND PROSPECTUS
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COMPANY SECRETARY
Job Prospectus
Those who complete the final examination for Company Secretary would have good
job prospects in the corporate sector of both public and private companies. They
can also be employed by banks, financial institutions and stock exchanges, and
as specialists in the fields of finance, law, accounts and merchant banking.
Many companies recruit young professionals to work in the CS department of the
organisation and move to a senior position with experience.
Those who want to join the government need to qualify in the UPSC exam for jobs
in Grade I to IV in the Accounts branch of the Central Government Law Service.
Company Secretaries are also eligible for recruitment on the panel of bodies
such as the Bureau of Public Enterprises, and state government financial
institutions.
A qualified Company Secretary can also set up practice as an independent company
secretary, after obtaining a ‘Certificate of practice’ from the Institute. A CS
in practice is authorised to issue certificates and attest documents under the
Companies Act 1956, the SEBI Act and the Exim Policy.
Those with an inclination for academics can go in for teaching as lecturers in
universities.
The globalisation of the Indian industry and the advent of multinationals has
been a boon for Company Secretaries. The responsibilities of Company Secretaries
have been considerably extended and their status is now that of the chief
functionaries of the corporate sector. They are indispensable to the efficient
management of the corporate sector, particularly in cases of mergers and
acquisitions, joint ventures and so on. Moreover, with a growing legal
regulatory framework, in order to ensure the protection of the interests of
employees, consumers, creditors, government financial institutions, and the
public at large, the role of company secretaries has become established as that
of conscience-keepers of their respective companies and custodians of public
interest.
Moreover, an experienced Company Secretary, by virtue of expertise and academic
background is suited to become a member of the board or the governing body of
any organisation. Many senior members have become chairmen, managing directors,
and whole-time directors in several reputed companies.
If you have a sound business sense, an interest in commerce and accounts,
logical ability with a flair for numbers and good inter-personal skills this is
a good career to pursue. Other attributes would include basic common sense, and
an ability to negotiate with people at all levels in an organisation.
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