STAGE 2: Executive Programme

The Second Stage of the CS Education is the Executive Programme. Candidates who have passed the Foundation Programme or are eligible for exemption from the Foundation Programme (and are not less than 17 years of age) can register for the Executive Programme.

There are Two Modules with Three Papers each in the Executive Programme:

MODULE I
General and Commercial Laws
Company Accounts and Cost & Management Accounting
Tax Laws

MODULE II
Company Law
Economic, Labour Laws
Securities Laws and Compliances

EXEMPTION FROM INDIVIDUAL PAPERS
The ICSI follows a method of Exemption under which a student need not appear for a certain paper, if he / she meet the required criterion.

The following Paper-wise exemption is available on the basis of qualifications mentioned under each paper subject to the condition that the candidate should have obtained 50 pc or more marks in the aggregate in the examination on the basis of which the exemption is claimed:

1. General and Commercial Laws
M.A./ M.B.A. (Company Secretaryship) or Degree in Law (three years or five years integrated) from a recognized University/ Institute either constituted under an Act of Parliament or approved by AICTE.

2. Company Accounts and Cost & Management Accounting
M.A (Corporate Secretaryship)/ M.Com./ M.B.A (with Accountancy as one of the subjects at graduation/ post-graduation level and with full paper in Cost Accounting/Management Accounting/Financial Management at M.A ( Corporate Secretaryship)/ M.Com./ M.B.A level having secured 50 percent marks in the subject concerned) from a recognized University/ Institute either constituted under an Act of Parliament or approved by AICTE

3. Tax Laws (ITL)
M.A/ M.B.A (Corporate Secretaryship) from a recognized University/ Institute either constituted under an Act of Parliament or approved by AICTE

Additionally, a Candidate who has passed the Professional examination of the ICWAI is eligible to seek exemption from the following papers of Executive examination under a reciprocal arrangement existing at present between the two Institutes:

1. Company Accounts and Cost & Management Accounting
2. Tax Laws