ICSI Notification No.4 (updated)of 2017 Introduction of New Syllabus for the Foundation Programme of the Company Secretaryship Course. The Council of the Institute of Company Secretaries of India in exercise of the powers vested under clause (a) of sub-section (2) of Section 15 of the Company Secretaries Act, 1980, as amended by the Company Secretaries (Amendment) Act, 2006 approved the Syllabus (2017) for the Foundation Programme of the Company Secretaryship Course, as under: The Syllabus (2017) for Foundation Programme shall comprise of four papers.
PAPER 1: BUSINESS ENVIRONMENT AND LAWPAPER 2: BUSINESS MANAGEMENT, ETHICS & ENTREPRENEURSHIPPAPER 3: BUSINESS ECONOMICSPAPER 4: FUNDAMENTALS OF ACCOUNTING AND AUDITING
The mode of examination will be Computer based MCQs
Applicability of CS Foundation New Syllabus 2017
The New Syllabus (2017) for the Foundation Programme shall be applicable for the students who register in Foundation Programme on or after 1st April 2017. The first examination under New Syllabus (2017) for Foundation Programme shall be conducted in June 2018. . The detailed contents for each of the Four papers of the Foundation Programme under the Syllabus (2017) and the switchover scheme as approved by the Council are as under
How to Convert from old Syllabus (2012) to New Syllabus (2017)
Scheme of Paperwise Exemptions for Switch over from Syllabus (2012) to Syllabus (2017) for Foundation Programme Examination All candidates registered under Syllabus (2012), enrolled for the Foundation Programme examination shall be examined under Syllabus (2017), from June 2018 session onwards, i.e., candidates shall be compulsorily switched over from Syllabus (2012) to Syllabus (2017) for Foundation Programme Examination with effect from June 2018. Paperwise Exemption Scheme The Scheme of Paper-wise Exemption in corresponding subjects for switching over from Syllabus (2012) to Syllabus (2017) for Foundation Programme shall be as under: The students under Syllabus (2012) compulsorily switched over to Syllabus (2017) would be provided with Study Material free of cost for Foundation Programme under Syllabus (2017) in their respective subjects.
Qualifying Marks, Passing Criteria in CS Foundation New Syllabus 2017
The qualifying marks for Foundation Programme Examination will remain as per Regulation 39A(3) of The Company Secretaries Regulations, 1982, as under: A candidate shall be declared to have passed in the Foundation Programme Examination if he obtains at one sitting a minimum of forty per cent marks in each subject and fifty per cent marks in the aggregate of all subjects. Provided that a candidate who has appeared in all the subjects for which he was enrolled and has obtained sixty per cent marks or above in any subject, but failed shall be declared to have passed in the subsequent examination if he obtains a minimum of forty per cent marks in each remaining subject and fifty per cent marks in the aggregate of the remaining subjects at one sitting within the next three following examinations.
Qualification Based Exemption Scheme
All graduates or post graduates (excluding fine arts) and those passed in the Foundation Examination of The Institute of Cost Accountants of India (ICAI-CMA) or CPT Examination of The Institute of Chartered Accountants of India (ICAI) or of any other accountancy institution in India or abroad recognized as equivalent thereto by the Council of the Institute shall be exempted from passing the Foundation Programme Examination. Such students may directly seek registration to Executive Programme of Company Secretaryship Course
Scheme of Papers under CS Foundation New Syllabus
PAPER 1: BUSINESS ENVIRONMENT AND LAW To give orientation about different forms of organizations, functions in organizations, business strategies and environment, along with an exposure to elements of business laws.
PART A: BUSINESS ENVIRONMENT (40 MARKS)PART B: BUSINESS LAWS (60 MARKS)
PAPER 2: BUSINESS MANAGEMENT, ETHICS & ENTREPRENEURSHIP To acquaint with the basic principles of management, ethics, communication techniques and entrepreneurship
PART A: BUSINESS MANAGEMENT (40 Marks)PART B: BUSINESS ETHICS (10 MARKS)PART C: BUSINESS COMMUNICATION (25 MARKS)PART D: ENTREPRENEURSHIP (25 MARKS)
PAPER 3: BUSINESS ECONOMICS To familiarize the basic concepts and theories of economics, elementary statistics and mathematics.
PART A: ECONOMICS (80 MARKS)PART B: ELEMENTARY STATISTICS (20 MARKS)
PAPER 4: FUNDAMENTALS OF ACCOUNTING AND AUDITING
PART A: FUNDAMENTALS OF ACCOUNTING (70 MARKS)PART B: FUNDAMENTALS OF AUDITING (30 MARKS)]
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