CS Foundation is an 8-month long course that serves as the first level in the pursuit of becoming a Company Secretary. CS Foundation is provided by ICSI which is a combination of postal tuition classes and optional coaching sessions.
CS Foundation Syllabus contains 4 papers: Business Law and Environment, Business Management, Ethics, Entrepreneurship, Business Economics, Accounting and Auditing. CS Foundation Fees is INR 4475. The admission fee is INR 1,200, the Examination Form Fee is INR 875 and the tuition fee is INR 2,400.
Students can apply for CS Foundation after completing the class 12 board examination. For May, CSEET Exam 2024 will be conducted on May 04, 2024.
Check: Company Secretary Course
Table of Contents
CS Foundation Highlights
Course Name | Company Secretary (CS) Foundation |
Course Level | First Level of CS |
Admission | Merit-based |
Duration | 8 months |
Eligibility | Passed 10+2 in any stream (expect Fine Arts) |
Subjects | Business Environment and Law, Business Management, Ethics & Entrepreneurship, Business Economics, and Fundamentals of Accounting and Auditing. |
Course Fee | INR 4500 |
Examination Fee | INR 1200 |
Top Institute for CS | The Institute of Company Secretaries of India (I.C.S.I) |
CS Foundation Duration
The Company Secretary Foundation course is the first level of all three levels in the journey of becoming a Company Secretary. The duration of the CS Foundation course is 8 months. However, admission to the CS Foundation course is valid for three years, and the candidate must qualify for the CS Foundation exam within this period. There is a choice given to candidates if they clear the CSEET exam then they can directly pursue the CS executive course.
See Also: CS Duration of all 3 Levels
CS Foundation Admission Process
The process for admission into the CS Foundation course is quite straight and one needs to follow some steps to get in. In this section, we will discuss every step one by one.
See Also:
Steps for Filling CS Foundation Exam Form
- Step 1: Keep the scanned copy of your passport-sized photograph, signature, birth certificate, 10+2 proof, caste certificate (except for unreserved category), the identity proof (aadhar, driving license, pan card, passport, ration card, or voter ID).
- Step 2: Visit the official website of ICSI.
- Step 3: Select Register for the CS course from the online services tab.
- Step 4: Select all the documents, in the checkbox that are required to be uploaded.
- Step 5: Fill in all basic details (like name, qualification, gender, category, date of birth, nationality, mobile number, email, etc) to generate a Unique Request ID.
- Step 6: Fill in your qualification details.
- Step 7: Fee details
- Step 8: Upload the scanned images of documents that were checked in the checkboxes in Step 4.
- Step 9: Make the required payment and generate the transaction ID.
CS Foundation Eligibility
All candidates applying for admission to the CS Foundation course should ensure that they must fall under the following.
- Should have passed their 10+2 or similar exam at an accredited board/university with a minimum of 50% aggregate marks.
- Students appearing in Grades 10+2 are eligible for the ICSI CS Foundation program but need to show proof of it, like their exam roll number.
See Also: CS Level Wise Eligibility
CS Foundation Admit Card
The CS Foundation admit card is the most mandatory document to be carried by every candidate. Candidates failing to produce the admit card cannot take the exam.
CS Foundation Exam Pattern
The CS Foundation exam is a computer-based test and will be conducted in two days. On the first day, tests for subjects Business Environment and Law and Business Management, Ethics and Entrepreneurship will be conducted. On the second day, tests for the subjects Business Economics and Fundamentals of Accounting and Auditing will be conducted.
Day | Subjects | Total Number of Questions | Total Marks | Duration |
---|---|---|---|---|
Day 1 | Business Environment and Law | 50 | 100 | 90 minutes |
Business Management, Ethics and Entrepreneurship | 50 | 100 | 90 minutes | |
Day 2 | Business Economics | 50 | 100 | 90 minutes |
Fundamentals of Accounting and Auditing | 50 | 100 | 90 minutes |
CS Foundation Syllabus
The CS Foundation course has four subjects: Business Environment and Law, Business Management, Ethics, and Entrepreneurship, Business Economics, and Fundamentals of Accounting and Auditing. The detailed syllabus is given below.
Subjects | Details of the syllabus |
---|---|
Business Environment and Law | Business Environment, Forms of Business Organization, Scales of Business, Emerging Trends in Business, Business Functions, Introduction to Law, Elements of Company Law, Elements of Law relating to Partnership and LLP, Elements of Law relating to Contract, Elements of Law relating to Sale of Goods, Elements of Law relating to Negotiable Instruments, Elements of Information Technology Act, and Role of CS- Duties and Responsibilities, Areas of Practice. |
Business Management, Ethics, and Entrepreneurship | Planning, Organizing, Human Resource Management, Direction and Coordination, Controlling, Recent Trends in Management, Business Ethics, Business Communication, Essentials of Good English, Essentials of Good English, Interdepartmental Communication, E Correspondence, Entrepreneurship, Social Entrepreneurship, Entrepreneurship-Creativity and Innovation, Growth and Challenges of Entrepreneurial Ventures, and Government Initiatives for Business Development. |
Business Economics | Basic Elements of Demand and Supply, Theory of Consumer Behaviour, Theory of Production and Costs, Analysis of Markets, Indian Economy- An Overview, Basic Elements of Money and Banking, Descriptive Statistics, and Mathematics of Finance and Elementary Probability. |
Fundamentals of Accounting and Auditing | Theoretical Framework, Accounting Process, Bank Reconciliation Statement, Depreciation Accounting, Preparation of Final Accounts for Sole Proprietors, Partnership Accounts, Introduction to Company Accounts, Accounting for Non-Profit Organizations, Computerized accounting environment, Auditing, and Audits and Auditor’s Reports. |
CS Foundation Fee Structure
Candidates registering for the CS Foundation course have to deposit a fee of INR 4500. While filing the examination form for the CS Foundation, the candidate has to deposit an exam fee of INR 1200.
Description | Fees (INR) |
---|---|
Admission Fees | 1200 |
Examination Form Fee | 875 |
Tuition Fees | 2400 |
Total Course Fee | 4475 |
CS Foundation Study Material
There are many books by renowned authors that can be used for the preparation of the CS Foundation course. Some of these are listed below.
Book Name | Author |
---|---|
A Manual of Mercantile Laws | M.C. Shukla |
Mercantile Law | M.C. Kuchhal |
Business Laws and Management | N.D. Kapoor & Dinkar Pagare |
Business Studies | Poonam Gandhi |
Business Laws | D. Chandra Bose |
Micro Economic Theory | H. L. Bhatia |
Macro-economic – Analysis and Policy | D.D. Chaturvedi |
Quantitative Techniques | S. P. Gupta, P.K. Gupta, and Man Mohan |
Business Statistics | R. S. Bhardwaj |
Statistics | R. S. N. Pillai & V. Bagarathi |
Economics | Samuelson & William D. Nordhans |
Advanced Economics Theory | P. N. Chopra |
Advanced Accounts Vol. I | M. C. Shukla, T. S. Grewal & S. C. Gupta |
Financial Accounting – Concepts & Applications | J. R. Monga |
Advanced Accounting, Volume I | S. P. Jain & K. L. Narang |
Auditing Principles & Practice | S. D. Sharma |
Financial Accounting | P. C. Tulsian |
Financial Accounting – A Managerial Perspective | R. Narayanaswamy |
Essentials of Financial Accounting | Ashish K. Bhattacharyya |
CS Foundation: FAQs
Ques. How do I start CS Foundation course?
Ans. You can start the CS Foundation course by registering in the ICSI website.
Ques. How long is the CS Foundation course?
Ans. CS Foundation course is 8 months long.
Ques. Can I clear CS Foundation course in 1 month?
Ans. You should start preparing for CS Foundation exam a few months before to be on a safer side.
Ques. What is the fees of CS Foundation exam?
Ans. The fees of CS Foundation exam is INR 1200.
Ques. Which book is best for CS Foundation?
Ans. Some of the books recommended for preparing for the CS Foundation exam are Business Laws and Management by N.D. Kapoor & Dinkar Pagare, Business Studies by Poonam Gandhi, Micro Economic Theory by H. L. Bhatia, Macro-economic – Analysis and Policy by D.D. Chaturvedi, etc.
Ques. Is CS tough for an average student?
Ans. CS is one of the toughest exams but with practice and dedication one can crack it.
Ques. How many attempts are there in CS Foundation?
Ans. Candidates appearing in CS Foundation course have six attempts.
Ques. What is the first step of CS Foundation?
Ans. The first step to CS Foundation is registering for the course on the ICSI website.
Ques. Is CS Foundation easy to crack?
Ans. CS Foundation is easier to crack compared to the executive and professional level.
Ques. What is CS foundation syllabus?
Ans. For Business Environment and Law - Business Environment, Forms of Business Organization, Scales of Business, Emerging Trends in Business, Business Functions, Introduction to Law, Elements of Company Law, Elements of Law relating to Partnership and LLP, Elements of Law relating to Contract, Elements of Law relating to Sale of Goods, Elements of Law relating to Negotiable Instruments, Elements of Information Technology Act, and Role of CS- Duties and Responsibilities, Areas of Practice.
For Business Management, Ethics, and Entrepreneurship - Planning, Organizing, Human Resource Management, Direction and Coordination, Controlling, Recent Trends in Management, Business Ethics, Business Communication, Essentials of Good English, Essentials of Good English, Interdepartmental Communication, E Correspondence, Entrepreneurship, Entrepreneurship-Creativity and Innovation, Growth and Challenges of Entrepreneurial Ventures, Social Entrepreneurship, and Government Initiatives for Business Development.
For Business Economics - The Fundamentals of Economics, Basic Elements of Demand and Supply, Theory of Consumer Behaviour, Theory of Production and Costs, Analysis of Markets, Indian Economy- An Overview, Basic Elements of Money and Banking, Descriptive Statistics, and Mathematics of Finance and Elementary Probability.
For Fundamentals of Accounting and Auditing - Theoretical Framework, Accounting Process, Bank Reconciliation Statement, Depreciation Accounting, Preparation of Final Accounts for Sole Proprietors, Partnership Accounts, Introduction to Company Accounts, Accounting for Non-Profit Organizations, Computerized accounting environment, Auditing, and Audits and Auditor’s Reports.
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