The Institute of company Secretaries of India
introduces new syllabus for Executive and Professional Programmes.
The revised syllabus of the Company Secretary course is
effective from March 1, 2018. The first examination for CS Executive and CS
Professional programme under new syllabus will be held in December 2018 and
June 2019 respectively.
The ICSI has constantly strived towards
attaining academic excellence and in order to cater to the academic needs of
the students and create a legion of ‘Governance Professionals’ who can
serve the corporate world optimally, the Institute undertook the process of
revising its syllabus and brought out a unique syllabus which encompasses the
innovative concepts of Core, Ancillary and Hybrid Subjects.
The Core Subjects aim to create
expertise in the future Governance Professionals and in view of this the
following have been given emphasis- Company Law, Securities Laws, Insolvency
Law, FEMA and GST. The Ancillary Subjects focus upon creation of working
knowledge in order to provide support to the Core areas. The following areas
are covered under the Ancillary- Accounts, Finance, Taxation, Economic,
Business and Commercial Laws and Business and Financial Management. Lastly,
Hybrid Subjects ensure integration of Core and Ancillary areas. The Hybrid
subjects will cover - Setting up of Business, Governance, Risk and Compliance
Management, Drafting, Pleadings and Appearances, Secretarial Audit and Due
Diligence, Restructuring and Insolvency Resolution, Corporate Funding,
Corporate Disputes etc.
Talking about the new syllabus, CS
Makarand Lele, President ICSI said, “The Institute of Company Secretaries
of India (ICSI) have always strived to impart optimum knowledge to its students
by undertaking revision of syllabus intensively from time to time. Further,
Government programmes such as Make in India, Start-up India, Skill India and
focus on Ease of Doing Business have created mammoth opportunities for Company
Secretaries, which in turn have necessitated bringing out a syllabus which can
assist the future governance professionals to align with the Government
policies”.
The New Syllabus comprises of Eight papers
at Executive Programme and Nine papers at Professional Programme including one
Paper to be opted by the students out of eight elective papers namely, (i)
Banking- Law & Practice; (ii) Insurance- Law & Practice; (iii)
Intellectual Property Rights- Laws and Practices; (iv) Forensic Audit; (v)
Direct Tax Law & Practice; (vi) Labour Laws & Practice; (vii)
Valuations & Business Modelling and (viii) Insolvency- Law and Practice.
Inclusion of the subject titled, ‘Multidisciplinary Case Studies’ will
definitely be of immense academic value as it will assist phenomenally in
developing the comprehension and analytical skills of the students in solving
various critical issues that they may face in their professional career.
Highlights
of New CS Syllabus:
·
Metamorphosis
from theoretical to practical approach
·
Imbibing
the innovative concept of Core Areas for Company Secretaries, Ancillary to Core
- Areas allied to Core Areas and Hybrid - Combination of Core and Allied areas
·
Introduction
of new subjects in Executive Programme and Professional Programme, like,
Jurisprudence, Interpretation and General Laws; Setting up of Business Entities
and Closure; Financial and Strategic Management etc.
·
Keeping
in view the importance and contemporaryness; Elective Subjects have been
included in the New Syllabus. Elective subjects focusing on Banking, Insurance,
Valuation, Business Modelling, Insolvency, Labour Laws and Forensic Audit will
go a long way in enhancing the professional opportunities for Company
Secretaries
·
Inclusion
of extremely relevant Post Membership Qualification and Certification Courses
for the Company Secretaries who could not pursue a particular course of their
choice when they were students
·
A
judicious allocation of marks to different parts / components of the subjects
of New Syllabus (Executive Programme and Professional Programme)
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