Breaking Down Total Cost Fees for Completing a Company Secretary Course in 2021
The question of total cost fees to complete a Company Secretary course can be quite complex. The fees vary depending on the individual and their specific circumstances. However, I'll provide some key insights and a detailed breakdown to give you a clearer picture.
Total Cost Components
The total cost fees for completing the Company Secretary course include several components:
1. Registration Fees
Registration fees are an initial cost required to enroll in the program. These fees cover the administrative and logistical aspects of student enrollment. Registration costs can vary, but typically include an application fee and a processing fee.
2. Exam Fees
Exam fees are charged for each evaluation attempt. Students must pay these fees even if they reappear in an exam after failing. The exam fees can vary based on the level of the examination and the organization conducting it.
3. EDP Residential Training
EDP (Additional Professional Development) Residential Training is a crucial component of the Company Secretary course. These trainings are residential and are organized by the Institute of Company Secretaries of India (ICSI). The costs associated with these trainings can add significantly to the total expense.
Special Considerations
Renewal of Registration
Registration validity in the course typically has a set duration. If your registration lapses, you will need to re-register. A fee is often required for this 'de novo' or 're-registration' process. This can add to the total cost, depending on the timing and duration of your studies.
Increased Costs Over Time
It's important to note that costs, especially for residential training, have increased over the years. As of 2021, all students are under the new training structure, which includes a mandatory 30 to 60-day residential training program organized by ICSI. The cost of this residential training will be determined for the first batch in 2022.
Additional Costs
Beyond the direct fees associated with the institute, there are additional expenses to consider. These include the cost of coaching, which can be provided by the institute itself or through third-party providers. Coaching fees can vary widely and can significantly impact your total cost.
Conclusion
The total cost fees for completing a Company Secretary course in 2021 will be determined by a combination of factors, including your individual circumstances and the choices you make regarding coaching and re-registration. It's crucial to plan ahead and factor in these additional costs to ensure you have a comprehensive understanding of the financial requirements.
For the most accurate and up-to-date information, it is recommended to consult the official website or directly contact the Institute of Company Secretaries of India (ICSI).
Disclaimer: The information provided is based on the author's opinion and should not be construed as a conclusive statement. The content is intended for educational purposes only.