The Intermediate Course for Company Secretary has been renamed as the Executive Programme. This is the second level course of the Company Secretary course which is offered by the Institute of Company Secretaries of India. Once the first level course called Foundation Programme is successfully completed, one can proceed to register themselves for this second part of the program.
The minimum duration of the intermediate or executive programme is ten months excluding the date of registration and examination dates. The course fees for this level are Rs. 7000 for those with commerce background; non-commerce students need to pay a higher fee of Rs. 7500 for additional bridge course which need to be taken up. Those who pass the Foundation Programme and enroll for this course need to pay Rs. 6500.
The eligibility criteria for sitting for the Executive Programme is having acquired a graduation degree in commerce stream preferably or any other discipline except fine arts. If there are supplementary passed candidates, they can also register for the course. Many candidates who have passed the Foundation level may pursue this course along with their graduation or even post graduation studies.
The Executive Programme consists of only theoretical papers which consist of six subjects arranged in two modules of three papers each, each having a total of hundred marks. The pass mark is forty percent in each paper and one has to obtain an aggregate mark of fifty percent in a module or else one will have to re-appear for all the papers of a module again.
The first module consist of three papers which deal with general and commercial laws, company accounts, management accounting and tax laws such as income tax, service tax, VAT. The second module consists of a paper dedicated to company law and the second paper dedicated to economic and labor laws; the third paper talks about securities laws and compliances. Once a candidate successfully clears both modules, they become eligible for the third level, also known as the Professional Programme.
Those who have passed the ICWAI or the ICAI are exempted from appearing for the foundation level of the Company Secretary program and may directly apply for the Executive Programme. There are many other types of exemptions that may be obtained, details of which may be found on the ICSI website.
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