B.Com. in Corporate Secretaryship is a 3-year full-time undergraduate course that involves advanced study of the concepts and processes of corporate governance, with particular focus on the areas of secretarial practices and company laws. The course’s curriculum consists of components of study such as corporate management practices, investment management, and economic legislations. The course is offered in various specializations in India, namely Computer Applications, E-Commerce, and Corporate Secretaryship.
For prospective Transcriptionists, certification in transcription is offered for fields related to law or medicine. Transcriptionists provide typed records of business meetings, seminars, presentations, and other corporate activities. As regards job responsibilities, they may take individual dictation to produce correspondence or business documents, or proofread the documents they produce to create polished publications.
In addition to providing accurate transcripts of corporate proceedings, they may also be often responsible for maintaining documents in accordance with privacy and confidentiality standards, as often, businesses may require employees or freelancers to sign non-disclosure agreements and need measures to protect sensitive information.
The average annual course fee in India ranges between INR 5,000 and 1 lakh, depending upon the institute offering the course. The average annual salary offered in India to successful graduates of the course ranges between INR 2 and 10 lacs, depending upon the candidate’s expertise in the field.
Tabulated below are some of the major highlights of the course.
|Course Level||Under Graduate|
|Examination Type||Semester System|
|Eligibility||10+2 qualification from a recognized educational Board|
|Admission Process||Merit-based/ Based on counselling after qualification of a relevant entrance examination|
|Course Fee||INR 5,000 to 1 lakh|
|Average Starting Salary||INR 2 to 15 lacs|
The course has been designed to adequately prepare eligible candidates for job responsibilities such as convening meetings, maintaining statutory record books, drafting and executing agreements, managing dividend and interest payments, contracts, and resolutions. Prospective Corporate Secretaries learn to write a variety of documents including letters, business documents, email, and memos.
The program also familiarizes students with use and applications of computer programs such as Microsoft Office, including spread sheets, emailing, creation of power point presentations, and word processing tasks. Also included are lessons in basic keyboarding, use of speech recognition, file management software, and such.
The course is also offered for pursuance on part-time basis at some institutes across the country.
The course essentially aims to:
Some of the top institutes offering the course in the country are listed below with the corresponding locations and fees charged by each.
|NAME OF INSTITUTE||CITY||AVERAGE ANNUAL FEES|
|Agurchand Manmull Jain College||Chennai||INR 31,000|
|AKD Dharma Raja Women’s College||Virudhunagar||INR 10,000|
|Alpha Arts and Science College||Chennai||INR 7,000|
|Arcade Business College||Bihar||INR 81,000|
|Kakatiya University||Warangal||INR 13,930|
|Sree Narayana College||Kozhikode||INR 22,500|
|Bharathidasan Government College for Women||Pondicherry||INR 8,000|
|Bishop Ambrose College||Coimbatore||INR 50,000|
|Cherran College for Women||Tiruppur||INR 15,000|
|CTM College of Arts and Science||Thiruvallur||INR 20,000|
|Dr. Gr Damodaran College of Women||Coimbatore||INR 80,000|
|Dr. RK Shanmugam College of Arts and Science||Villupuram||INR 7,500|
|Erode Arts and Science College-Autonomous||Erode||INR 15,000|
Candidates wishing to pursue the course are needed to fulfil the minimum eligibility criteria listed below in order to apply for the course:
Interested eligible candidates are offered admission to the course in India mostly on the basis of merit obtained at the 10+2 level. In cases of some institutes however, admission to the course is based on the candidate’s performance in a relevant institute-specific entrance test. Often subsequently, two additional rounds of Group Discussion and Personal Interview are held for assessment of the candidate’s general aptitude for the course.
A semester - wise breakup of the course’s syllabus is tabulated below.
|Financial Accounting I||Financial accounting II|
|Management concepts||Organizational behavior|
|Quantitative methods I||Quantitative methods II|
|Managerial economics I||Indian constitution|
|Business communication||Financial markets|
|Corporate Accounting I||Corporate accounting II|
|Marketing management||Human resource management|
|Company law||Financial management|
|Cost accounting||Applied cost accounting|
|Commercial laws||Tax laws|
|Computer fundamentals||Environmental science|
|Security laws||Diligence and compliances|
|Economic and labor laws||Business ethics.|
Business Secretaries provide a wide array of clerical and managerial services to business executives and upper-level managers. With growing impact of advances in information technology on businesses, such Secretaries are increasingly needed to be trained in diverse business-related computer applications.
Corporate transcription is often performed by full-time employees as part of regular job responsibilities. However, students specializing in corporate transcription can work as independent contractors for multiple businesses and corporations, or as specialists in a particular industry, such as automotive engineering, computer programming, and such.
Some of the popular professional avenues open to such graduates are listed below with the corresponding salaries offered for the respective positions.
|JOB POSITION||JOB DESCRIPTION||AVERAGE ANNUAL SALARY|
|Corporate Financial Analyst||Corporate Finance Advisors specialize in mergers and acquisitions. A merger is when two companies become one, through shareholding; while an acquisition refers to a complete corporate takeover. They mediate these transactions and protect the interests of the client, the company doing the bidding, and the target company.||INR 3,55,000|
|Corporate Credit Analyst||Commercial Credit Analysts evaluate the credit worthiness of businesses and determine their ability to repay loans and lines of credit, used in purchasing equipment and other goods. They work for developing financial profiles and investigating credit histories. Analysts also compare the cash and liquid assets a business has in hand with how much it owes. They are usually employed by banks, and such commercial lenders.||INR 5,00,000|
|Corporate Sales Executive||Sales Managers train and direct teams of salespeople in a company setting. Executives may assign sales territories and set income goals and assign quotas for Sales Representatives. Employers prefer to hire Sales Managers with specialized skills in business administration and computer applications.||INR 5,51,000|
|Export Manager||Import-Export Specialists perform a variety of duties such as documenting shipments to ensure that they are in compliance with customs rules and regulations. They also counsel clients on matters such as tariffs, insurance, and quotas. This position also requires consulting with customs agents to ease passage of shipments through customs. They also counsel their clients on ways to reduce duties and taxes owed.||INR 4,98,000|
|Corporate Manager||Business Operations Managers plan and organize the many activities of businesses and non-profit organizations. Business Operations Managers may be responsible for overseeing a variety of departments from Human Resources to accounts payable. Job duties may include coordinating educational assignments for staff, reviewing budgetary information, monitoring expense reports, interpreting financial data, and performing cost-benefit analyses on internal programs.||INR 6,00,000|