PHOTO LINE: SHRI MAHAVIR LUNAWAT ,CHAIRMA- ICSI-WIRC ,SHARES HIS INSIGHTS ON THE PROFESSION OF CS IN INDIA
- ICSI TAKES A STEP AHEAD FOR THE BENEFIT OF STUDENTS
Mumbai; 7th August 2012(Sachin Murdeshwar): Mahavir Lunawat, Chairman, Institute of Company Secretaries of India- Western Region, explained the vision of ICSI before the opening of the new office of ICSI. On securing the FIRST RANK ALL INDIA in the finals of Company Secretaryship (June 2001), Mahavir was awarded on behalf of ICSI the ‘Presidential Gold Medal’ by Shri G. N. Bajpai, the then Chairman, SEBI. Mahavir was also selected for the National Scholarship of the Government of India for ‘Excellent Performance in Graduation’.
ICSI has set up its goals and plans for the period 2011-2014. The Institute has introduced a new syllabus for CS Foundation Programme (Stage I) with effect from 1st February 2012. The CS Foundation programme consists of four papers viz., Business Environment and Entrepreneurship; Business Management, Ethics and Communication; Business Economics; Fundamentals of Accounting and Auditing.
Under the new syllabus, Optical Marks Recognition (OMR) based examination (Objective type multiple choice questions) would be conducted for Foundation Programme. The students are eligible to appear in the examination on the basis of self-study. The requirement of Coaching Completion Certificate has been discontinued for Foundation Programme Students. Student’s registration under the new syllabus of Foundation Programme is effective from 1st February, 2012 and the first examination under this new syllabus will be held from December 2012 session of CS examinations.
The Council of the Institute has constituted the Board of Studies towards further development of syllabus. The Council has also finalised draft syllabus for Executive Programme (stage II) and professional Programme (stage III) examinations. The draft syllabus is placed for opinion of the stakeholder’s whereafter the same would be finalised for implementation. The Board of Studies will also benchmark and review the syllabus regularly to meet the expectation of the trade and industry.
ICSI is making extensive efforts towards creating awareness and the visibility of the profession, not only in India but beyond the borders. Gradually, the brands “CS" for company secretaries in general and “PCS” for Practising Company Secretary in particular are becoming widely known and accepted in corporate India.
The Institute has signed a MOU with CISI London and Malaysian Institute of Chartered Secretaries and Administrators which provides opportunities to Company Secretaries to enhance their Career progression in various specialized areas like capital markets, commodity markets, fund management, wealth management and investment banking.
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