ICSI introduces new syllabus for executive programmes

ST Correspondent
Sunday, 18 March 2018

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, foreign exchange management act (FEMA) and goods and service tax (GST). 

PUNE: The Institute of Company Secretaries of India (ICSI) has introduced a new syllabus for executive and professional programmes. The new syllabus encompasses 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, foreign exchange management act (FEMA) and goods and service tax (GST). 

The ancillary subjects focus upon creation of working knowledge 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. 

Hybrid subjects is an integration of core and ancillary areas which consists - 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 of ICSI, said, “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”.

DEATILS OF COURSE
- The revised syllabus of the Company Secretary (CS) course is effective from March 1. 
- The first examination for CS Executive and CS Professional programme under new syllabus will be held in December 2018 and June 2019 respectively.

HIGHLIGHTS OF NEW CS SYLLABUS
- 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.
- Elective Subjects have been included in this syllabus- Banking, Insurance, Valuation, Business Modelling, Insolvency, Labour Laws and Forensic Audit 
- The inclusion of extremely relevant post membership qualification and certification courses for company secretaries who could not pursue a particular course of their choice when they were students.

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