Company Secretary is a Profession Which is Regulated by Institute of Company secretaries of India,a Professional Body Established in 1980 Regulated under an act of parliaments.
You Already Know There is Quote”OLD IS GOLD”.
You cannot Compare CA with CS or CMA with CS.There is Enormous Reason behind This. ICSI Established in 1980 Where It’s Parallel Body Like institute of Chartered Accountant of Accountant of India Established in 1949.and Institute of Cost Accountants of India Established in 1961.
This is Also One of the reasons Why CS Course is Not Known by Everybody and Every Where. Rather iTS Now Known By More Person Than Previous Period and It increasing Day by Day.After 10 years The Scenario of Company Secretary Course is Differently Changed and it Has 5-7 Times More Value and Demand Than Current Periods.
ICSI Have Near 42000+ Members Where ICAI(CA Institute Had 2,00,000+ Members),And Of course CA Institute is Much Older(Established in 1949) Than CS Institute.CA has It’s Own Role in it’s Field and CS has Own Role in its Area.So never Try to Compare CA with CS or CMA with CS. All Professional Courses are Prestigious and valuable.
Simple Point I here want to make that Doesn’t Beleive in the Rumours that Whether CS is Not Good Course?Can CS Professional Get Good Salary or Not?Whether Future of CS is Secure or Not?.Etc..Etc.
Just Focus on Your Goal and Believe Yourself not Others and Chase Your Dream.You Definitely Get Success.
There are Two Types of Professional Engaged Company Secretary(cs).One is Doing Job and another is Doing Practice.There is Very Low CS Professional Doing Its Own Practice. Currently, According to ICSI, There is only Near 7,000+ out of 42,000+ CS Who is in Own Practice.
ICSI stepping towards Various Initiative to Encourage CS Professional to do Own Practice.and I am sure in Near Future More and More CS are Tended to Prefer its own Office and Practice Rather Than Doing 10.00-5.00 Job.and Ofcourse More and More CS Coming to Practice will definitely Change the Approach and Identity Behind CS Course in Near Future.
Nearly 1,00,000 Companies are Registred Annually in India each Year.
Till Current Period 15,00,000+ Companies Consisting large,medium and small companies are Registered in india.
With Enactment of New Companies Act Which focus on compliance laws in terms of filing tax returns, disclosures and auditing. Offences by companies, both small and big, will attract penalty. So, the role of a company secretary is becoming important soon.
With the Increasing Number of Companies Coming in India and also Introduction of new Companies Act Which Requires Every company will have to get annual returns signed by a company secretary,will Definitely Increase Demand of CS Profession in Coming days.
There are Both Sides of the Coin You Have to Think about. As More and More There is Enormous Competition Coming in CS Profession.
Only Well Knowledged and Well Versed with Various laws and Provisions CS Professional Get Placed in well- reputed companies and firms.so rather than focusing on How to Pass CS Exam?,Focus on How To Gain More and More Knowledge?.
In Recent coming years More and More CS Professional are Qualified.so with increasing numbers of CS Professional Competitions also increases.
The company always prefers All-in-One Candidates.Here All-In-One Candidates Means The Professionals which have also knowledge about taxation,accounting with various laws.here I am not pre-assuming to say that professionals with cs+llb or cs+ca are preferred.
But,Think, If any Company wants to appoint Legal Head of the company then they always prefer candidates with CS+LLB, why they prefer only candidates with CS when they have opportunity to select the candidates having CS+LLB degree.??
I AM SURE in Next 10 Years Compliance requirements will be More Strict and stricter day by day.and Company Secretary (CS) Profession Will Rock its Feild and will be One of the Most Reputed and Prestigious Profession in india with Wide Known and wide Accepted too.
If you have any advise or suggestion,please don’t hesitate to comment.
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