Institute of Company Secretaries of India Exam

ICSI Highlights

Exam SpecificsDetails
Exam NameInstitute of Company Secretaries of India Exam
Conducting BodyInstitute of Company Secretaries of India
Mode of ExamOnline
Exam DurationThree hours for each paper
Exam FrequencyMore than once a year
Exam Helpline0120-6204999, 3314111
Exam websitewww.icsi.edu

ICSI Overview

The ICSI conducts examinations for various CS levels, which are considered to be one of the top accounting courses for producing professional corporate governance, compliance, and corporate law professionals. The CS course is divided into three levels: executive, professional, and entry-level. Each stage of the programme has its own examinations, which are administered by ICSI and must be passed before a student proceeds to the next stage.

Foundation Program is the first level in the CS course and a student who has done his 10 + 2 or equivalent can enter this level. The Foundation level exam relates to key topics associated with the business environment and the legal environment: management, economics, and accounting. Its main objective is to determine the level of candidates’ familiarity with minimal principles and their desire to continue studying the CS course.

The Professional Program course is open to candidates who have completed the Executive Examination successfully. The professional examination has three examinations at the professional level, where corporate law and governance, strategic management, financial analysis and regulation, and compliance are examined at the advanced level. Its core objective is to produce highly skilled secretaries who are strategically equipped to offer advice, in addition to ensuring the legal validity of a company’s transactions and good management.

ICSI organizes the CS tests twice a year, in June, July, and December, so that the students have enough time in hand to prepare well. The examinations are organized in a timely and formal manner and are very strict on the evaluation and fairness of the entire test. The CS successfully completes the program and gets the designation of CS, becoming eligible for membership in ICSI, a gateway to professional opportunities in diverse corporate, legal, and regulatory careers.

Summary
The ICSI Exam is a respected certification for aspiring company secretaries in India. It assesses knowledge in corporate law, governance, and management. Passing the exam opens up employment opportunities and resources are provided for preparation.

ICSI Eligibility

Eligibility criteria for the ICSI exam ensure that aspiring candidates meet the necessary requirements to pursue a career in company secretaryship.

Foundation Program :

  • Candidates must have completed their Higher Secondary Examination (10+2) or equivalent from a recognized board or institution.
  • There is no minimum percentage of marks required for appearing in the Foundation examination.
  • There is no age limit for candidates applying for the Foundation program.

Executive Program :

  • Candidates must have either passed the Foundation examination conducted by ICSI or obtained a bachelor's degree in any discipline from a recognized university or institution.
  • There is no minimum percentage of marks required for appearing in the Executive examination.
  • There is no age limit for candidates applying for the Executive program.

Professional Program :

  • Candidates must have cleared the Executive examination conducted by ICSI.
  • There is no minimum percentage of marks required for appearing in the Professional examination.
  • There is no age limit for candidates applying for the Professional program.

Summary

The eligibility criteria for the ICSI exam ensures candidates meet requirements for a career in company secretaryship. Educational qualifications and age limit apply. Application, registration, and fee payments are necessary. Criteria may vary for different candidates.

ICSI Exam Pattern

The ICSI (Institute of Company Secretaries of India) Exam follows a well-structured pattern that allows candidates to showcase their knowledge and skills in various areas.

  • The examination is divided into three levels, namely the Foundation, Executive, and Professional programs.
  • The Foundation program consists of four papers, which are Business Environment and Law, Business Management, Ethics and Communication, Business Economics, and Fundamentals of Accounting and Auditing.
  • The Executive program is further divided into two modules, with a total of eight papers.
  • The first module comprises four papers based on Company Law, Cost and Management Accounting, Economic and Commercial Laws, and Tax Laws and Practice.
  • The second module consists of four papers focusing on Company Accounts and Auditing Practices, Capital Markets and Securities Laws, Industrial, Labour, and General Laws, and Economic, Business, and Commercial Laws.
  • Lastly, the Professional program consists of three modules with a cumulative total of twelve papers.
  • The first module encompasses three papers on Advanced Company Law and Practice, Secretarial Audit, Compliance Management, and Due Diligence, and Corporate Restructuring, Valuation, and Insolvency.
  • The second module comprises four papers covering Financial, Treasury, and Forex Management, Ethics, Governance, and Sustainability, Advanced Tax Laws and Practice, and Drafting, Appearances, and Pleadings.
  • The final module consists of five papers, including Resolution of Corporate Disputes, Non-Compliance, and Remedies, Corporate Funding and Listings in Stock Exchanges, Multidisciplinary Case Studies, and Electives.
Level Program Module Papers Duration Marks Mode
Foundation Foundation N/A 4 3 hours each 100 each Offline (Paper-based)
Paper 1: Business Environment & Law
Paper 2: Business Management
Paper 3: Ethics & Communication
Paper 4: Business Economics
Paper 5: Fundamentals of Accounting & Auditing
Executive Module 1 N/A 4 3 hours each 100 each Offline (Paper-based)
Paper 1: Company Law
Paper 2: Cost & Management Accounting
Paper 3: Economic & Commercial Laws
Paper 4: Tax Laws & Practice
Executive Module 2 N/A 4 3 hours each 100 each Offline (Paper-based)
Paper 5: Company Accounts & Auditing Practices
Paper 6: Capital Markets & Securities Laws
Paper 7: Industrial, Labour, & General Laws
Paper 8: Economic, Business, & Commercial Laws (Part A: Foreign Exchange Management & NBFCs, Part B: Competition Law, Part C: Business & Commercial Laws)
Professional Module 1 N/A 3 3 hours each 100 each Offline (Paper-based)
Paper 1: Advanced Company Law & Practice
Paper 2: Secretarial Audit, Compliance Management & Due Diligence, & Corporate Restructuring, Valuation, & Insolvency
Paper 3: Elective (Choose one from the following: a) Financial Reporting & Analysis, b) Corporate Governance & Sustainability, c) Information Technology & Law)
Professional Module 2 N/A 4 3 hours each 100 each Offline (Paper-based)
Paper 1: Financial, Treasury, & Forex Management
Paper 2: Ethics, Governance, & Sustainability
Paper 3: Advanced Tax Laws & Practice
Paper 4: Drafting, Appearances, & Pleadings
Professional Module 3 N/A 5 3 hours each 100 each Open Book/Descriptive
Paper 1: Resolution of Corporate Disputes, Non-Compliance, & Remedies
Paper 2: Corporate Funding & Listings in Stock Exchanges
Paper 3: Multidisciplinary Case Studies
Paper 4: Elective (Choose one from the available electives)
Paper 5: Open Book Project Report

Summary

ICSI Exam has 3 levels: Foundation, Executive, and Professional. It covers various subjects like law, accounting, auditing, and business management. It focuses on theoretical knowledge and practical application to produce skilled company secretaries.

ICSI Application Process

The application process for the ICSI exam is a systematic and straightforward procedure that ensures a smooth and efficient experience for aspiring candidates.

Visit the Official Website:

  • Go to the official website of the Institute of Company Secretaries of India

Registration:

  • If you are a new user, you may need to register on the ICSI portal. Provide the necessary details to create an account.

Login:

  • Use the login credentials (username and password) to access your account.

Select the Course:

  • Choose the specific course or program you want to apply for (e.g., CS Foundation, CS Executive, CS Professional).

Fill in the Application Form:

  • Complete the application form with accurate personal, educational, and contact details.

Upload Documents:

  • Upload the required documents, including photographs and signatures, as specified in the application guidelines.

Application Fee Payment:

  • Pay the application fee through the available payment methods. ICSI typically accepts online payment modes.

Submit the Application:

  • After completing all the necessary steps, submit the application form.

Download Admit Card (if applicable):

  • For examinations, download the admit card from the ICSI website as per the instructions provided.

Summary

The ICSI exam application process is systematic, involving creating an account, filling out the form, uploading documents, making payment, and submitting the application. Admit card and ID proof are necessary for the exam. It is user-friendly and efficient.

Institute of Company Secretaries of India Exam Faqs

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