PROFESSIONAL

ABOUT THE CS PROFESSIONAL PROGRAMME

 

Eligibility

A student is admitted to the Professional Programme only after a minimum period of 9 months after passing CS Executive examination. The examinations are conducted twice a year, in June and in December. Last date for enrollment applications for the CS Professional examination is 25th March for June examination, and 25th September for December examination.

 

CS - Professional Programme

For those students who are pursuing the course through Foundation Programme i.e. after passing Foundation Programme level, this would be the third level course relating to the CS (Company Secretaries - Professional Accounting) Course.

For those students who are taking up the course after their Graduation this is the second level course.

 

CS_Professional Programme » 10 months

The course duration is the minimum time that a student has to spend on taking up the course at this level. It is the period starting from, the time the student gets registered, to the time the student completes the course.

 

Examinations - When?

The main/final examinations for the course at this level are conducted twice every year generally on specified dates which do not change except under extraordinary circumstances.

June Examination

First Week of June [2nd to 7th - 1:30 pm to 4:30 pm]

December Examination

Last Week of December [26th to 2nd January - 1:30 pm to 4:30 pm]

 

Pursuing Professional level along with Graduation/Post-Graduation Courses

There is no restriction on other academic pursuits. This level of the courses can be pursued along with any graduation or Post Graduation Courses.

 

Course Structure Pattern

The CS course at the Professional Programme level consists of only theoretical examinations. There are 8 subjects arranged into 4 modules of 2 papers each of 100 marks.

 

Pass Marks

To pass a student has to obtain a minimum of 40% in each paper and an aggregate of 50% in all the papers of a module together, failing which the student has to reappear in all the papers of the module again.

 

Exemptions

There are certain exemptions in cases where the student has failed the examination but has obtained high marks in one or more papers. A student has to get through these to be eligible for MEMBERSHIP of the institution.

From

Executive Programme

Professional Programme

[8 subjects arranged into four modules of 2 papers of 100 marks each.]

To

Licenciate ICSI

Temporary Status till membership is acquired. 
(This is not a kind of membership)

Practical Experience/Training [3 Years]

Can be acquired either before or after or during the course period.

Associate Membership

Post Qualification Courses [Optional]

 

Subjects to be Studied

 Each paper 3 hours-100 Marks

 

CS: Professional Programme - Module I

  • Paper 1: Company Secretarial Practice[100 marks]
  • Paper 2: Drafting, Appearances and Pleadings[100 marks]

 

CS: Professional Programme - Module II

  • Paper 3: Financial, Treasury and Forexmanagement[100 marks]
  • Paper 4: Corporate Restructuring and Insolvency
    • Part A : Corporate Restructuring(70 marks)
    • Part B : Corporate Insolvency (30 Marks)

 

CS: Professional Programme - Module III

  • Paper 5: Strategic Management, Alliances and International Trade[100 marks]
    • Part A : Strategic Management (40 marks)
    • Part B : Strategic Alliances (20 Marks)
    • Part C : International Trade (40 Marks)
  • Paper 6: Advanced Tax Laws and Practice[100 marks]
    • Part A : Direct Taxation - Law and Practice (30 marks)
    • Part B : Indirect Taxation – Law And Practice (50 Marks)
    • Part C : International Taxation (20 Marks)

 

CS: Professional Programme - Module IV

  • Paper 7: Due Diligence and Corporate Compliance Management[100 marks]
  • Paper 8: Governance-Business-Ethics-and-Sustainability[100 marks]
    • Part A : Corporate Governance(50 marks)
    • Part B : Business Ethics (30 Marks)
    • Part C : Corporate Sustainability (20 Marks)

Exemptions from One or More Papers based on Other Qualifications Held

Exemption From Professional Programme!!

No one is exempt from studying all the papers at this level i.e. there is no qualification which would enable a student from by passing the Executive Programme level and going to the Professional Programme level directly.

 

Exemption From some Papers

Based on the academic qualifications already acquired, one may be permitted certain exemptions from appearing in individual subjects of the Professional Programme Level/Course.

Module II

  1. Paper 3: Financial, treasury and Forex management:

           Exemption is available to candidates possessing the following qualification :

                    (a) Pass in the final examination of ICWAI


Module III

  1. Paper 6: Advance Tax laws and Practice:

          Exemption is available to candidates possessing the following qualification: 

                  (a) Pass in the final examination of ICWAI

 

 

Introduction of Open Book Examination in Elective Subjects (Paper – 9) in Module-III of Professional Programme (New Syllabus) Examination from June, 2014 onwards

 

Professional Programme (New Syllabus) offers five elective subjects in Module III, as mentioned herein below, out of which a student has to opt only one subject to study and qualify that suits his aptitude, interest, ability and career goal:

 

  1. Banking Law and Practice
  2. Capital, Commodity and Money Market

 

  1. Insurance Law and Practice
  2. Intellectual Property Rights-Law and Practice
  3. International Business -Laws and Practices.

 

The Institute has decided to introduce Open Book Examination (OBE) in all the above five elective subjects from June 2014 onwards. However, in all other subjects/modules of Professional Programme (New Syllabus), students would continue to be examined as per traditional pattern of examinations.

 

This is to inculcate and develop skills of creative thinking, problem solving and decision making amongst students of its Professional Programme and to assess their analytical ability, real understanding of facts and concepts and mastery to apply, rather than to simply recall replicate and reproduce concepts and principles in the examination.

 

 In OBE, the candidates would be allowed to consult their study material, class notes, textbooks, Bare Acts and other relevant papers, while attempting answers, as per the requirement of questions. The emphasis throughout would be in assessing the students’ understanding of the subject, applying their minds, rather than the ability to memorise large texts or rules or law.

 

Unlike a conventional/typical examination, which assesses how much information candiates have been able to store in their minds, the success in this type of examination depends on the candidate’s ability to understand the question, identify inherent issues, application of various techniques, laws, principles, etc. while solving answers with the help of supporting reference material.