What Is A Company Secretary And How To Become One?

May 20, 20222 Minutes Read

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A Company Secretary or CS is a legal expert that works for the company. They are well-versed in corporate and securities law. Hence, they play a crucial role in legal compliance and implementation of decisions.

Their roles involve:

Being familiar with the company's roles and responsibilities
Ensuring the efficient administration of the company
Acting as the chief advisor to the Board of Directors
Suggesting methods to conduct business and develop strategies
Dealing with conflict of interest situations

In India, Company Secretaries earn an average salary of ₹6.3 Lakhs annually. However, the salary ranges from ₹1.8 Lakhs to ₹ 23.6 Lakhs.

The ICSI (Institute of Company Secretaries of India) is the regulating body. Currently, there are more than 50,000 members. ICSI train and educate aspiring candidates. Around 4,00,000 CS students are studying to become a CS under ICSI.

The first step to becoming a certified CS in India is to enrol under ICSI. ICSI accepts only online registrations for the course through its web portal.

The eligibility criteria are as follows:
Must have passed 12th grade to apply for CS courses.
CA, B.com, and M.com graduates can apply directly to give CS foundation exams without applying for the course.

There are three levels in the CS programme. Candidates are issued CS certificates and allowed to practice only after passing all of them. Overall, these courses cost between ₹1 Lakhs to ₹4 Lakhs. The fees paid cover classroom training and cost to ICSI.

The three levels in the CS programme offered by the ICSI are:

Foundation Programme (Now replaced with CS Executive Entrance Test or CSEET)(4 Papers)

All CS aspirants should register for the Foundation Course. Applicants who have cleared 12th grade or its equivalent must register for the Foundation Course of ICSI under its three-year program. The course covers:

Fundamentals of Accounting and Auditing
Business Economics
Business Environment & Entrepreneurship
Business Management, Ethics, Laws and Communication

Students who have completed graduation or CA courses can skip the Foundation course.

Executive Programme (7 Papers)

Applicants who clear the Foundation Course papers are called for an interview and tested. The ICSI will admit shortlisted candidates to its Executive Programme. The course has two modules. They cover:

MODULE 1

Company Law
Tax Laws and Practice
Economic and Commercial Laws
Cost and Management Accounting

MODULE 2
Capital Markets and Securities Laws
Industrial, Labour and General Laws
Company Accounts and Auditing Practices

Professional Programme (9 Papers)

The Professional Programme is the final stage. It is not easy to pass. Only students who have passed the Executive Program can appear for this course. There are three modules. The third module also includes an elective.

MODULE 1

Advanced Company Law and Practice
Corporate Restructuring, Valuation and Insolvency
Secretarial Audit, Due Diligence and Compliance Management

MODULE 2
Ethics, Governance and Sustainability
Information Technology and Systems Audit
Financial, Treasury and Forex Management

MODULE 3
Drafting, Appearances and Pleadings
Advanced Tax Laws and Practice
Electives (You can choose any 1 of the 5 subjects) Insurance Law and Practice Banking Law and Practice Capital, Commodity and Money Market Intellectual Property Rights -- Law and Practice Intellectual Business -- Laws and Practices
Insurance Law and Practice
Banking Law and Practice
Capital, Commodity and Money Market
Intellectual Property Rights -- Law and Practice
Intellectual Business -- Laws and Practices

You too can become a company secretary with a bit of hard work! Check if you are a good fit - take thecareer test at Glow & Lovely Careers (formally known as the Fair & Lovely Career Foundation). Give your best when you study and practise with mock tests. Trust yourself. You can do it! Best of Luck!

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December 21, 20222 Minutes Read

5 Simple Math Tricks For Fast Calculations

Maths tricks are the road to quickly and efficiently solving complex math problems. Math isn't just something you can learn from books. There are other ways to learn math that can make it easier. Simple math tricks help us figure things out quickly and help us get better at math.

Some kids have trouble with math. The math tricks are helpful for students and help you keep track of time so you can answer math questions correctly in competitive exams and in real life.

The best way to make math a fun subject is to teach math tricks. So, learning simple math tricks will help students feel better about themselves and improve their problem-solving ability. With these tips, they can do very well on competitive exams and in the future. Here are 5 such tips:

Addition

Take 53 + 44.

Based on tens and units places, split the second number: 44 = 40 + 4

Finish the ten's addition. 53 + 40 = 93

Finally, add the remaining unit place digit. 93 + 4 = 97.

**Quick Multiplication **

Let's try the numbers 28 and 14

First, split the number 28, which gives 4 x 7

Then multiply 7 by 14, and we get 98

Finally, multiply the number 98 x 4 = 392

So, 28 x 14 gives 392.

Multiplication of Two-Digit Numbers when one number is even:

Consider an example, 12 x 37

Here 12 is an even number. Divide it in half so that 12/2 = 6

Then double the second number. 37 x 2 =74

Finally, multiply both answers. It becomes 74 x 6 = 444

Percentage

Let's find 5% of 375:

First, Move the decimal point over by one place for the given number.

375.0 becomes 37.5

Then divide the number 37.5 by 2, and we get 18.75.

The answer to 5% of 375 is 18.75.

Squares of numbers ending with the digit 5

Let's take the number 85 and try to find its square.

We know that the square of 5 is 25. Note that down.

Next, take the first digit of the number 85. That is 8. Then take the number that comes after 8, which is 9.

Now, multiply 8 and 9, and we get the number 72.

Finally, write the number 72 before the number 25 (which you wrote down earlier). So, what you get is 7225, which is the answer.

A simple formula would be:

The square of n5, where n is the first digit = n(n+1)100+25.

Let's use this formula and try again with the same number, 85.

So, square of 85 = 8(8 + 1)100 + 25 = (8 x 9)100 + 25 = 7200 +25 = 7225. Did these tricks help you? There are many tricks like this that make maths fast and fun. Opt for the free online courses at Glow & Lovely Careers (formerly known as Fair & Lovely Career Foundation) to improve your math skills significantly.

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Investing in stocks is very popular in the digital age we live in. But it can be difficult to make sense of the stock market if you're a beginner. This is why before you invest, it's good to consider expanding your basic knowledge on how the stock market works. To begin with, let's understand the meaning of the stock market.

January 19, 20229 Minutes Read

Benefits of Taking Bank Exams & Free Mock Tests

Mock tests are examinations that students write to prepare themselves for various entrance examinations.

Nowadays, giving entrance examinations is mandatory if a student wishes to obtain a job in a certain sector, like Railways, Defence, Government Jobs, or the Education sector.

Depending upon the industry one wishes to secure a job in, entrance exams can be attempted after 10th/12th/grade/after graduation or post-graduation.

Before one appears for the actual entrance exam, there are test series for entrance exams that can be given. They can be given online or in person. These test series help one be prepared for the actual exam.

These test series are also called as mock tests or mock exams.

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