The companies nowadays look for candidates who can perform multi-tasking rather than one single expertise. This helps the organisations save time, money and enhance faster decision making. MBA gives a wider view on management and managerial decision making. The specialisation areas like Finance, HR, Marketing, etc. all relate to the area where a Company Secretary wants to make a career. It becomes easy to participate in and understand the day to day legal as well as managerial decision making of the company.
We dream to reach the top position of the company, even a CS should not see his/her retirement as a CS. Climbing the ladder in the company’s hierarchy becomes more possible with the MBA degree. MBA is certainly a good option to enhance the qualification and climb up this ladder and it becomes the best option if one opts for a suitable specialisation based upon one’s previous qualification. For a Company Secretary, the most suitable options are Finance and HR. HR, since both have law substance in common apart from administration sphere. Finance, because Managers in Finance deal with the inflow and outflow of funds in an organisation, finance sourcing, investments to maximise returns etc. which is also a part of the CS curriculum. There are many opportunities to be found in the Private Sector, Banking (Indian and Foreign Banks). However, other specialisations are equally advantageous.
Gone are the days when Company Secretary had the title of ‘Compliance Officer’ of the company. The present needs should soon change the title to ‘Overall Managing Officer.’
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About the Author:
Misha Nigam (Batch 17)
Company Secretary
First Year PGDM student at Institute for Financial Management and Research (IFMR).
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