ICSI Introduces New Syllabus for CS Executive and Professional Programmes

The Institute of Company Secretaries of India (ICSI) has introduced new syllabus for CS (Company Secretary) executive and professional programmes. The new syllabus came into effect from March 01, 2018. Under the new syllabus, the first examination will be conducted in December 2018 and June 2019 respectively. All the details regarding the ICSI new syllabus are elaborated below.

ICSI New Syllabus for CS Executive and Professional Programmes: -

At CS executive level, the new syllabus comprises of eight papers. On the other hand, there are nine papers at CS professional level including one paper opted by the students out of the eight elective papers available. The eight elective papers that will be offered at CS professional level are: -

• Insolvency – Law and Practice
• Valuation & Business Modelling
• Labour Laws & Practice
• Direct Tax Law & Practice
• Forensic Audit
• Intellectual Property Rights – Laws & Practice
• Insurance – Law & Practice
• Banking – Law & Practice

Also Read: ICSI CS Executive and Professional Exam Results 2017

With a motive to enable the students to develop analytical skills, ICSI has introduced a new subject titled, “Multidisciplinary Case Studies ”. The new course will add significant academic value to the professional career of the students.

The other new subjects introduced by ICSI as a part of the new syllabus are: -

• Financial and Strategic Management
• Setting Up of Business Entities and Closure
• Jurisprudence, Interpretation and General Laws

Division of Subjects: -

The new syllabus comprises of innovative concepts of: -

• Hybrid Subjects
• Ancillary Subjects
• Core Subjects

What are Hybrid Subjects?

The hybrid subjects will cover the following areas: -

• Setting Up of Businesses
• Corporate Disputes
• Corporate Funding
• Restructuring and Insolvency Resolution
• Secretarial Audit and Due Diligence
• Pleadings & Appearances
• Drafting
• Risk and Compliance Management
• Governance

What are Ancillary Subjects?

The following areas that will be covered under ancillary subjects are: -

• Business and Financial Management
• Business and Commercial Laws
• Economics
• Taxation
• Finance
• Accounts

What are Core Subjects?

• GST
• FEMA
• Insolvency Law
• Securities Law
• Company Law

Also Read: ICSI CS Foundation Exam 2017 Toppers

The Interrelation between Core, Ancillary and Hybrid Subjects: -

• The main objective of the core subjects is to create expertise in future governance professionals.
• The ancillary subjects create working knowledge with an aim to provide support to core subjects.
• The hybrid subjects ensure integration of core and ancillary areas.