From June, CS foundation exam will be an online exam

From June, CS foundation exam will be online

From June this year, students taking up foundation exam for company secretary course, will be giving their exams online.

S.N Ananthasubramaniyan, president of Institute of Company Secretaries of India (ICSI) informed this while talking to people from media, on the sidelines of the two-day workshop on Companies Act 2013.

This exam will be taken by students through Optical Mark Recognition (OMR) system, he said. Within 2-3 years, the entire examination process will be made online.

He said, that e-learning and e-training facilities were being arranged for students in the country.

Online facility of exam form submission has already been introduced by the institution since October last year, and for new students, online registration process has been launched since January 1st this year.

The ICSI had uploaded small modules in video format in October as a part of the innovations. This was done in order to simplify the facilities of the Companies Act 2013 on YouTube.

16 videos covering different aspects of the new Act from expects from different disciplines have been uploaded.

New syllabus, effective from February 1, 2013, has been introduced by the institute for executive programme,

Ananthasubramaniyan said, "The new act would empower the company secretaries which will have greater say in the functioning of their companies concerned."

It is a liberal act, wherein the companies will be encouraged to move towards self-reliance instead of approaching the government for every approval and certification.

Ashish Garg, secretary of Institute Western Region Council said that the institute has established Corporate Executive Certificate (CCE) programme. This programme allows students to become eligible for appointment in companies where full-time CS is not required. This year, a placement portal was also launched.

In India, there are 35,000 members and four lakh company secretary students, Garg said, stating that companies require CSs in thousands, hence, its a favourable field.