ICSI implements New Training Structure under CS (Amendment) Regulations, 2020
The Institute of Company Secretaries of India (ICSI) implemented its New Training Structure on 3rd February, 2021, as per Regulation 46BA and 46BB under The Company Secretaries (Amendment) Regulations, 2020.
The new training structure will harness the soft skills and develop the core competencies of students, thereby creating a brigade of young professionals desired by the industry, regulators and other stakeholders.
Highlights of the new training structure
The Executive passed students are required to undergo One Month Executive Development Programme (EDP) that would equip them for the mandatory Practical Training in the industry / with Practicing Company Secretary.
The students are required to undergo a 21 months practical training, with Industry/Practicing Company Secretary and other entities after completion of their one month EDP.
After completion of the Professional Programme Examination and Practical Training, the students are required to undergo the Corporate Leadership Development Program (CLDP) for honing their Communication, Legal, Managerial and IT acumen.
To brief the stakeholders about the same, the Institute organised a webinar on 3rd February 2021, which was attended by thousands of CS students and members.
Informing about the new training structure, CS Nagendra D. Rao, President, The ICSI said, “While the Company Secretary Executive Entrance Test (CSEET) ensures a requisite level of aptitude in students, the Revamped Training Structure would ensure creating high calibre Governance Professionals who would take the CS profession to new heights. Certain skills are indispensable to the CS Profession and the Company Secretaries are expected to possess these Legal, Managerial and Leadership skills as part of their professional attribute.”
CS Devendra V. Deshpande, Vice President, The ICSI, CS Asish Mohan, Secretary, The ICSI and Dr S.K. Jena, Director – Training, The ICSI, also addressed the stakeholders and replied to the queries raised by them during the webinar.
The Institute of Company Secretaries of India (ICSI) is a premier professional body set up under an Act of Parliament, i.e., Company Secretaries Act, 1980, for the regulation and development of the profession of Company Secretaries in India. It functions under the jurisdiction of Ministry of Corporate Affairs, Government of India. The Institute, being a proactive body, focuses on best and top-quality education to students of Company Secretaries Course and best quality set standards for CS members. The Institute has over 65,000 members and about 2.5 lakh students on its roll.