ICSI Exam Eligibility Criteria

ICSI CS Exam Eligibility Criteria 2020

ICSI CS Exam Eligibility Criteria 2020

ICSI CS Exam Eligibility Criteria 2020: Are you excited about building a career in Company Secretaryship? Are you planning to start the preparation for the post of Company Secretary? Great. Have you checked the eligibility? If you have not checked it yet you don’t need to worry. 

You have come to the right spot because in this blog we will be discussing about the essential aspects which are associated with CS Exam Eligibility criteria. Most of the students skip this part and they feel bad about their performances after seeing the results.

Checking the CS Exam Eligibility 2020 is the first step you need to consider before you concentrate on the various stages of Company Secretaryship. Time is indeed precious and you cannot afford to waste time on something where you are not eligible and for this reason referring to is CS Exam Eligibility is necessary.

ICSI CS Exam Eligibility Criteria 2020

When you start focusing on eligibility you can check Company Secretary Exam Eligibility 2019 to have an idea about the essential factors. There are three stages you need to cross for the position of Company Secretary.

  • The first stage is the Foundation stage which is followed by the Executive Programme. The last stage is the Professional stage.

You need to cross all the hurdles to reach your dream destination. Before you go through the important parts of this blog you need to have knowledge about this course Company Secretaryship.

The Institute of Company Secretaries of India was established under the Company Secretaries Act, 1980. It is a government recognized body that monitors Company Secretaries in India. The course of Company Secretaryship came into existence in 1960 by the Company. The ICSI was formed in 1968 which took over from the Company Law Board to conduct the exam. The Institute of Company Secretaries of India (ICSI) then turned into a statutory body w.e.f. 1.1.1981 under the Company Secretaries Act, 1980.

In this blog, we are going to present the eligibility criteria for three stages of Company Secretary Entrance Exam Eligibility. We have attached a chart here to clear your doubts. Read all the sections after going through this chart.

ICSI Exam Highlights

Exam Name

ICSI Exam 

Conducting Body

Institute of Company Secretaries of India

Exam Level

National Level Exam

Exam Frequency

twice a year

Exam Mode

Online and offline

Exam Duration

150 minutes

Language

English

Exam Purpose

Training and Certifying Company Secretaries in India

Course Offered

CS

No. of Test Cities

58 cities in India

Exam Helpdesk No.

0120-6204999, 3314111

Exam Website

www.icsi.edu

ICSI CS Exam Eligibility Criteria for Foundation Level

The foundation exam is the first stage which you need to cross to appear for the next stage i.e., CS Executive. According to reports, the Institute of Company Secretaries of India (ICSI) has ended the CS Foundation programme.

You can also check the notice on their website for better understanding. It will now be called CS Executive Entrance Test (CSEET). Students who are planning to appear for the first stage will have to register themselves for Executive Programme. Candidates who cleared Class 12 board exam can sit for CSEET. The mode of this exam will be Computer-Based Mode.

CS Foundation 2020 Eligibility Criteria

The students who are interested for the company Secretary position will have to clear all the three stages. It starts with Foundation exam. Here are the important points which you need to know about eligibility criteria –

  • The candidates should have passed class XII or equivalent examination from a recognized board/university.
  • ICSI has not provided any minimum percentage of marks to be secured at Senior Secondary level to register for CS Foundation Examination.
  • Class 10+2 pass students are eligible to pursue ICSI CS Foundation programme.
  • Admission is open throughout the year by making an application in the prescribed Form FC-1 together with documentary evidence in support of date of birth and educational qualification.
  • Duration of Foundation Programme is 8 months, excluding the months of admission and the examination. Foundation Programme students are required to pass the Foundation examination within 3 years from the date of their admission.

Exemption from Appearing for CS Foundation Programme

The candidates who will be able to meet the below-given eligibility criteria will be exempted from appearing for CS Foundation exam and can apply for the Executive Programme stage of CS Course.

  1. Candidates who possess a Graduation or Post graduation degree in any discipline (excluding fine arts) are exempted from appearing for CS Foundation exam.
  2. Candidates who have passed in the Foundation examination of the ICSI, Foundation Programme of The Institute of Cost Accountants of India or the Common Proficiency Test (CPT) conducted by the Institute of Chartered Accountants of India (ICAI) or of any other accountancy institution in India or abroad recognised as equivalent thereto by the Council of the Institute are also exempted.

CS Foundation 2020 Passing / Cut Off Marks

To be eligible for the next stage the candidates have to obtain a minimum passing marks in the Foundation level as provided below.

  • 40% marks in each subject.
  • 50% marks in aggregate of all subjects.

ICSI CS Exam Eligibility Criteria for Executive Level

CS Executive is the next stage that you to overcome. You need to fulfill the basic requirements if you want to sit for this exam. The officials from the Institute of Company Secretaries of India (ICSI) have already presented the eligibility criteria of CS Executive 2020 on their official website. You can also go through the requirements here-

  1. The candidates need to complete their graduation from a recognized university (from any stream except Fine Arts)
  2. A candidate who registered for CS Executive till November 30, 2019 is eligible for appearing in any one module in the June examination while for both modules the last date of registration for the course was August 31, 2019
  3. Candidates must have filled the CS Executive exam form 2020 latest by April 15.
  4. Candidates must have undergone a course of postal or oral tuition for the module(s) they intend to appear for in the CS Executive examination.
  5. Must have successfully completed Student Induction Programme (SIP).
  6. Must have successfully completed a computer training programme as may be specified from time to time by the Council.
  7. Must have passed the ICSI CPT or Foundation examination to be able to appear for the CS Executive exams.

We have also highlighted the probable cut off for your convenience. If you take care of this you will be in a commandable position.

CS Executive Passing Criteria- Old Syllabus

CS Executive Subjects 2019

Sectional cutoff

Overall cutoff

Cost and Management Accounting

40%

50%

Industrial, Labour and General Laws

40%

Tax Laws and Practice

40%

Company Accounts and Auditing Practices

40%

Company Law

40%

Capital Markets and Securities Laws

40%

Economic and Commercial Laws

40%

CS Executive Passing Criteria- New Syllabus

CS Executive Subjects 2019

Sectional cutoff

Overall cutoff

Jurisprudence, Interpretation and General Laws

40%

50%

Securities Laws and Capital Markets

40%

Company Law

40%

Economic, Business and Commercial Laws

40%

Setting up of Business Entities and Closure

40%

Corporate and Management Accounting

40%

Tax Laws

40%

Financial and Strategic Management

40%

ICSI CS Exam Eligibility Criteria for Professional Level

CS Professional is the final stage and if you clear this stage successfully you will be able to fulfil your dream of becoming a Company Secretary. You just have to follow the essential points in connection with the eligibility. We have presented you all the relevant information here and if you go through it with an attentive mind all your doubts will be cleared. Here are the requirements-

  1. The students must have passed the CS Executive examination with at least 40% of the total marks section-wise and 50% overall.
  2. Candidate should have registered before August 31, 2019 for appearing in all modules
  3. Candidate should have registered before November 30 for appearing in any one of the modules

CS Professional 2020 Pass Percentage

A candidate must keep an eye on the expected cut-off for a better show. Every year there are some changes in the cut-off and you need to know about the percentage to clear the exam effectively. Here is the percentage-

Sectional and Overall Pass Percentage for both old and new syllabi

Paper

Sectional Cutoff

Overall Cutoff

Advanced Company Law and Practice (old)

or

Governance, Risk Management, Compliances and Ethics (new)

40%

50%

Secretarial Audit, Compliance Management and Due Diligence (old)

or

Advanced Tax Laws (new)

40%

Corporate Restructuring, Valuation and Insolvency (old)

or

Drafting, Pleadings and Appearances (new)

40%

Information Technology and Systems Audit (old)

or

Secretarial Audit, Compliance Management and Due Diligence (new)

40%

Financial, Treasury and Forex Management (old)

or

Corporate Restructuring, Insolvency, Liquidation & Winding-up (new)

40%

Ethics, Governance and Sustainability (old)

or

Resolution of Corporate Disputes, Non-Compliances & Remedies (new)

40%

Advanced Tax Laws and Practice (old)

or

Corporate Funding & Listings in Stock Exchanges (new)

40%

Drafting, Appearances and Pleadings (old)

or

Multidisciplinary Case Studies (new)

40%

Elective Paper

40%

We have covered a detailed guide on Study Plan for ICSI CS Exam Eligibility Criteria 2020. If you have any questions related to the CS Exam, feel free to ask us in the comment section below.

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