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Company Secretary as a Career, Scope, Salary & Jobs in India 2024

Looking forward to a career as a Company Secretary in India by 2024? This post will provide information on the job prospects for Company Secretary in India.The Company Secretary course offers career opportunities in a variety of business fields, including legal, corporate governance, corporate restructuring, overseas collaborations and joint ventures, project planning, investor relations, corporate consulting services, and so on. The Company Secretary syllabus is extensive, with live projects, trainings, lectures, and so on to prepare applicants for the essential profession.

Company Secretary is a career in India

Company Secretary as a Career: Skilled corporate secretaries are needed in the public and commercial sectors, as well as financial organizations and banks. Boards of company law, several government departments, the Department of Company Affairs, and other organizations all require company secretaries. Top organizations offer competitive remuneration packages for corporate secretaries.

After acquiring a certificate of practice, company secretaries can start their own consultancy. Companies with paid-up shares ranging from Rs. 10 lakh to Rs. 2 crores must engage or retain practicing company secretaries in order to provide corporate compliance certifications.

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What is a Company Secretary?

The modern, industrialized period saw a dramatic transformation in the commercial world. The numerous disruptions caused by the dynamic nature of the corporate world have a direct impact on business professionals, particularly stakeholders. The main issue that everyone nowadays is dealing with is a loss of trust in the corporate sector. The majority of businesses attempt to maintain stakeholder trust. When all levels of management are preoccupied with the day-to-day operations of a firm, no one is available to handle any disruptions and preserve the trust of all stakeholders. In this case, the need for a business secretary becomes imperative.

The company secretary is responsible of ensuring that all legal and regulatory duties are met, as well as carrying out the board of directors’ decisions. A corporate secretary is vital to the smooth operation of a commercial organization. Working as a corporate secretary will undoubtedly be enjoyable and rewarding.

Career Prospects and Job Scope for a Company Secretary Graduate

Company secretaries are also in-house lawyers. Company Secretary graduates can work as legal counsellors, human resource managers, legal managers, or executive assistants. CS aspirants can also study this course via distance education. It is a professional training with great career opportunities. The job scope of a Company Secretary is extensive.

A business secretary’s career might begin as an independent professional who can provide several services, which are described below:

  • Legal, secretarial and corporate governance
  • Corporate restructuring
  • Foreign collaborations and joint venture
  • Arbitration
  • Financial management
  • Project planning
  • Capital market and investor relations
  • Due diligence
  • Corporate advisory services

Areas of Recruitment for Company Secretary Graduate

Graduates can find positions as company secretaries in a wide range of sectors and businesses in India. Because of the course’s relevance and demand, graduates have numerous CS job options. Some of the popular fields of recruitment are listed below: 

  • Colleges & Universities
  • Academic Institutions
  • Journalism, Editing, and Content
  • Sales and Marketing Firms
  • Multi-National Company

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Salary Packages for Company Secretary Graduates

According to payscale, the average CS salary in India ranges between INR 1.5 and 3 LPA. The wage for a Company Secretary in India varies depending on a variety of criteria such as region, education level, experience, and competence. The following is a list of average CS pay scales:

Range Average Salary
Highest INR 3 LPA
Moderate INR 2.5 LPA
Lowest INR 1 LPA

Listed below are the general salary according to the different Company Secretary vacancies:

Industry Average Salary
Legal Manager INR 3.5 LPA
Office Manager INR 2.5 LPA
Information Systems Administrator INR 3.5 LPA

Future Company Secretary as a career in India

Organizations are putting a higher emphasis on exhibiting corporate responsibility and openness while handling their internal affairs. Furthermore, many stakeholders rely on their reputations to thrive. Because upper management will be focused with developing the overall organizational structure, only a few talented and skilled individuals will be able to take advantage of the new opportunity. The demand for a company secretary has grown in tandem with its importance to the proper administration of a corporate entity. Not only do they hold the highest position in the organizational hierarchy, but they also play an important role both within and outside of the organization.

Private Jobs for Company Secretary Graduates

Fresh graduates can find plenty of private-sector jobs. Students have access to a wide range of private occupations as a result of the education and experience they gain while pursuing their studies.

 

Top Private Hiring Companies Salary
Wipro Technologies Ltd. INR 3 LPA
TATA CONSULTANCY SERVICES LIMITED INR 3.4 LPA
International Business Machines (IBM) Corp. INR 4 LPA

Government Jobs for Company Secretary Graduates

There are numerous job opportunities accessible in the government sector for recent graduates. The education that students receive allows them to pursue very lucrative employment alternatives. Additionally, students can take UPSC exams after obtaining their degree. The following are some of the common roles that students begin with: 

Top Government Hiring Roles Salary
Project Planning INR 4.6 LPA
Secretarial Role INR 1.9 LPA
Financial Manager INR 6.6 LPA

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CS Salary Country Wise

The country-wise salary for the company secretary profession for different countries in the world is given below:

 

Country Salary (per annum)
India INR 6 LPA
Canada INR 12 LPA
United Kingdom INR 60 LPA
Australia INR 11 LPA
United States INR 29 LPA

CS Salary City Wise

The city-wise salary for the company secretary profession, for different cities in India, is given below.

 

Cities Salary (per annum)
Kolkata INR 5 LPA
Mumbai INR 8 LPA
Bangalore INR 7 LPA
Pune INR 5 LPA
Chennai INR 83 LPA
New Delhi INR 6 LPA

Job Opportunities Abroad for Company Secretary Graduates

There is a high demand for CS internationally. A CS has direct reporting to the board and consequently a possibility to connect with the Board of directors. It is also a financially rewarding vocation with significant job opportunities on both a national and worldwide scale.

Top Companies For Company Secretary Graduates

Below is a list of the top international companies that hire Company Secretary graduates:

  • Infosys Technologies Ltd.
  • HCL Infosystems Ltd.
  • Cisco Systems
  • Dell
  • Tata Infotech Ltd.
  • Apple Inc


Best Countries For Company Secretary Graduates

Below is the list of top countries offering job opportunities to Company Secretary Graduates:

  • UK
  • USA
  • Canada
  • Australia
  • South Korea
  • South Africa
  • Dubai
  • Brazil

Various Career Designations Abroad For Company Secretary Graduates

Many interesting job roles attract Company Secretary graduates to work abroad:

  • Human Resource Manager
  • Administrative Assistant
  • Legal Manager
  • Executive Assistant
  • Legal Counsel
  • Office Manager

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FAQ

 The Company Secretary program lasts for three years.

There are numerous international prospects for those with an ICSI company secretary degree and three to four years of professional experience.

 The position of corporate secretary is highly recognized within the firm and carries a number of key responsibilities. They interact with managers and board members.