Bachelor of Commerce [B.Com] (Corporate Secretaryship)

Build a Versatile Career in Commerce and Corporate Governance

About

Bachelor of Commerce (B.Com) with a specialisation in Corporate Secretaryship is a dynamic undergraduate program designed to provide students with a comprehensive understanding of corporate governance, legal compliance and secretarial practices within organisations. This specialised course integrates core commerce subjects with a focus on company law, corporate governance and regulatory frameworks.

The curriculum typically encompasses a diverse range of subjects to equip students with the necessary knowledge and skills to navigate the legal and administrative aspects of corporate environments. Core courses often include financial accounting, business law, management principles and business communication, while specialised subjects delve into corporate secretaryship-specific areas.

Students pursuing a B.Com in Corporate Secretaryship gain insights into the legal frameworks governing corporations including company law, securities law and corporate compliance. The program emphasises the role of a corporate secretary in facilitating effective communication between the board, management and stakeholders, ensuring adherence to regulatory requirements and ethical standards.

Practical training and internships are integral components of the program, offering students hands-on experience in corporate environments. This may involve working with company secretaries, legal departments or corporate governance teams, providing exposure to real-world scenarios and regulatory compliance procedures.

The curriculum also addresses the broader aspects of business, finance, and management, making graduates well-rounded professionals capable of contributing not only to corporate governance but also to various functional areas within organisations. The program aims to develop critical thinking, problem-solving and communication skills, essential for success in corporate roles.

Upon completion of the B.Com in Corporate Secretaryship, graduates have diverse career opportunities. They can pursue roles as company secretaries, compliance officers, legal executives or corporate governance specialists. Additionally, the program lays the foundation for further professional qualifications, such as becoming a member of the Institute of Company Secretaries of India (ICSI), a prestigious body that regulates the profession of Company Secretaries in India.

Subject

The curriculum is designed to provide students with a comprehensive understanding of corporate law, secretarial practices and regulatory compliance. Here are some common core subjects:

  • Financial Accounting
  • Business Law
  • Management Principles
  • Business Communication
  • Cost Accounting
  • Corporate Accounting
  • Company Law
  • Corporate Governance
  • Securities Law
  • Legal Drafting and Documentation
  • Financial Management
  • Secretarial Practice
  • Entrepreneurship Development
  • Internship/Practical Training

This program includes subjects and training that highly aim to produce professionals who can effectively manage legal and regulatory requirements within corporate environments. 

Practical Learning

Practical learning opportunities are designed to bridge the gap between theoretical knowledge and the practical application of concepts in corporate settings. Here are some of them listed below: 

  • Internships and Industry Exposure
  • Company Visits and Guest Lectures
  • Practical Training in Secretarial Practices
  • Legal Drafting and Documentation Practical
  • Simulated Board Meetings
  • Corporate Governance Projects
  • Interaction with Industry Professionals
  • Legal Compliance Workshops
  • Mock Audits and Compliance Checks

By engaging in real-world scenarios, students develop the skills, competencies and professional judgement necessary to excel in corporate governance and legal compliance roles.

Course Curriculum

The curriculum of the B.Com Corporate Secretaryship includes core commerce subjects, legal and specialised subjects related to corporate governance and secretarial practices as mentioned below: 

First Year 

  • Financial Accounting
  • Business Communication
  • Business Economics
  • Business Mathematics and Statistics
  • Principles of Management
  • Cost Accounting
  • Business Law
  • Principles of Marketing
  • Business Environment
  • Financial Management

Second Year 

  • Corporate Accounting
  • Company Law
  • Business Ethics and Corporate Social Responsibility
  • Entrepreneurship Development
  • Auditing
  • Management Accounting
  • Income Tax Law and Practice
  • Human Resource Management
  • Secretarial Practice
  • Banking and Financial Systems

Third Year 

  • Corporate Governance
  • Securities Law
  • International Business
  • Legal Drafting and Documentation
  • Elective 1
  • Corporate Secretaryship
  • Project Work
  • Internship
  • Elective 2
  • Elective 3

The elective subjects include Strategic Management, Insurance and Risk, Management, E-Commerce, Marketing of Financial Services, International Finance, Environmental Studies, Information Technology and its Applications in Business and Contemporary Issues in Business. 

Top Institutes

Many institutes are available in India that offer B.Com Corporate Secretaryship programs. Here is a list of reputable institutions offering this program:

  • St. Xavier's College
  • Narsee Monjee College of Commerce and Economics
  • Symbiosis College of Arts and Commerce
  • Mount Carmel College
  • Shri Ram College of Commerce (SRCC)
  • Madras Christian College (MCC)
  • Presidency College

Additionally, the students must consider reaching out to current students or alumni for insights into the program and the overall learning experience.

Career Growth

The program equips graduates with a unique skill set that combines legal knowledge, corporate governance expertise and secretarial practices. Here is an overview below: 

  • Entry-Level Positions
  • Head of Corporate Governance
  • Director of Legal and Corporate Affairs
  • Executive Positions in Multinational Corporations (MNCs)
  • Academic or Training Roles
  • Global Governance Expert
  • Involvement in Regulatory Bodies

The path to career growth is diverse, allowing individuals to tailor their journeys based on their interests, strengths and aspirations.

Scope

The role of a corporate secretary is integral to ensuring legal compliance, effective corporate governance and transparent communication within an organisation. Here is the scope of pursuing this course:

  • Corporate Sector
  • Legal and Compliance Departments
  • Government and Regulatory Bodies
  • Legal Consultancies and Firms
  • Corporate Affairs and Communication
  • Risk Management
  • Entrepreneurship and Consulting
  • Education and Training
  • Nonprofit and NGO Sector

The demand for professionals who can navigate complex legal and regulatory frameworks is expected to remain strong, offering diverse and fulfilling career paths for B.Com Corporate Secretaryship graduates.

Pros & Cons

Pros of pursuing a B.Com Corporate Secretaryship: 

  • Specialised Knowledge
  • Career Opportunities
  • Industry-Relevant Skills
  • Boardroom Exposure
  • Networking Opportunities
  • Global Perspective

Cons of pursuing a B.Com Corporate Secretaryship:

  • Evolution of Regulations
  • Competitive Job Market
  • Varied Job Responsibilities
  • Continuous Learning
  • Limited Industry Exposure