In the present scenario there are countless career options available for a person to explore as per their respective preferences and interests. One such career is that of a Company Secretary. It is one of the most in-demand career option. The job requires great managerial and organizational skills. If you aspire to become a Company Secretary and are looking forward to some essential information on the same, here is some help. Discussed below are some important things about career as a Company Secretary in India.
Career Profile of Company Secretary
The job of a Company Secretary is to ensure that the company is working in complete adherence to the standard financial and legal laws and regulations. They also ensure that the company maintains set standards of corporate governance. A company secretary also works as a communication bridge between the shareholders of the company and its board of directors keep them up-to-date with the company’s developments. To be a Company Secretary, a candidate requires brilliant communication and interpersonal skills, organizational and managerial skills, ability to prioritize, etc.
Different Career Options for Company Secretary
The career options within the field of Company Secretary are also available. You can specialize in either of the branches, such as Financial Law, Company Law, etc. Within the job itself, some companies may hire Company Secretary at different levels, such as Junior or Assistant, Senior or Executive. In order to be able to explore great prospects offered by this career, a candidate needs to work on their qualification, experience and licensure/ certification. The job offers a lot of scope for professional development as well as quality exposure and experience.
Career Scope of Company Secretary
The scope of the career as a Company Secretary is immense mainly because they are a lot in demand. Both private and public banks and organizations are hiring such professionals to handle their legal and financial company matters. A candidate can also look forward to internships with well-established and reputed organizations to create an impressive resume before settling down in a permanent job. Some of the best organizations who are offering great employment opportunities to Company Secretaries have been enlisted as follows:
- State Bank of India
- Union Bank of India
- Hindustan Aeronautics Limited
- Miraj Group
- Victory Positions
Salary Range of Company Secretary
The salary of a Company Secretary may differ depending on their qualification, certification, prior work experience, the organization that recruits them, whether they work in private or public sector, whether they work full time or part time, etc. However, on average, a Company Secretary in India receives a salary package of about INR 5 Lacs per annum.
Educational Qualifications required to become Company Secretary
To become a Company Secretary, a person needs to have specialized education in this field. For a stronger base, you can opt for commerce in your 12th class after which you can go on to obtain a bachelor’s degree or a diploma in the relevant course. The minimum educational qualification required for an entry level job as a Company Secretary is a Bachelor’s degree in Finance, Accounting or any other relevant course. The Institute if Company Secretaries of India offers courses of three levels: Foundation, Executive and Professional. Better qualifications enables a candidate to explore better work opportunities and job prospects. It also fetches them a higher pay package.
Best College/ Institutes to Obtain Qualification Diploma Degree:
If you are aspiring to be a Company Secretary, you will find many good colleges, universities and educational institutes offering great courses in this field. Some of the finest universities and institutes in India for obtaining qualification diploma degree for this job have been enlisted as follows:
- The Institute of Company Secretaries of India
- Sardar Patel University
- Punjab Univeristy
- University of Mysore
- University of Bombay