The Institute of Company Secretaries of India (ICSI) has plans to launch post membership qualification (PQM) courses in competition law as well as corporate restructuring and insolvency in the next six months.
Addressing a Press conference here, Anil Murarka, vice-president, ICSI said, “We are going to roll out two new courses for our members in the next six months- one in competition law and the other in corporate restructuring and insolvency.”
The institute’s courses in competition law and corporate restructuring are capacity building courses and they are designed for the working professionals. He went on to add that over 1.6 lakh students are enrolled in ICSI’s company secretaryship course.
The corporate boards are being sensitised to sustainability and in that context the need to ensure a high degree of sustainability in earnings, values, human and other resources and the environment in which the companies operate is gaining prominence.
Would suggest that the three institutes (ICAI, ICSI and ICWAI) have short term courses for the professionals though not as full chartered accountant or cost accountant or a company secretary, but to do the regular day to day affairs of the company like a diploma or certification course and that these course be recognised not only by the institute but also the industry and the govt for the individual to grow. This will define a very specalised field and a specalist rather than a fully qualified professional. This will pave way for the next breed of professionals. Further, these qualifications are neither substitute nor eligibility to be called as an accountant (chartered or cost) or company secretary. But should be able to attend to the cases with a specific domain.