30 pc rise in registration of students vying to pursue career as company secretary

Chennai:

There is a 30 per cent rise in registration of students vying to pursue a career as company secretary in the last three years, according to president of Council of Institute of Company Secretaries of India CS S N Ananthasubramanian.

Addressing reporters here on Monday, he said in the last three years a total of 3.76 lakh students registered for the course among which 47,336 are from southern region.

He said the council has implemented new syllabus for executive programme last month and will implement the new syllabus for professional programme from September 2013.

He said now students who have completed their foundation examination of Institute of Cost Accountants of India or Common Proficiency Test (CPT) of Institute of Chartered Accountants of India or any other accountancy institution in India or abroad recognized as equivalent there to by the council are exempted from corporate secretary foundation programme and are eligible to apply for corporate secretary executive programme.

He said the institute is also in the process of introducing a post membership qualification course in Competition law which is developed with the support of Competition Commission of India.

Ananthasubramanian also said that ICSI also plans to develop a model for corporate governance rating. He said the institute would build on its existing insights and exposure to governance practices in terms of the corporate governance awards that it has been giving for the last 12 years. He also said ICSI has chalked out a five-point action plan for the current year with the aim to equip company secretaries to meet the new requirements of Companies Bill, 2012.