Course Identification, Duration and Examination dates
The course at this level is identified as
PP » 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. Course Duration
The minimum course duration as per the regulations of the institution is
CS_PP » 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)
(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
- Paper 3: Financial, treasury and Forex management:
Exemption is available to candidates possessing the following qualification:
- Pass in the final examination of ICWAI
Module III
- Paper 6: Advance Tax laws and Practice:
Exemption is available to candidates possessing the following qualification:
- Pass in the final examination of ICWAI
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