ÍCSI Training guidelines are functioning at par with the global institutes for automated training. Yes, the institute offers a lot of training through online mode. The different short-term ICSI training structures when doing associate company secretary courses are EDP, PDP, AT, MT, and MSOP. The student can do the registration, avail of the EDP training exemption online, appointment letter for the practical training and sponsorship letter for the training get processed online. E-governance provides various in-house training at the doorstep of the students. This blog brings out the points towards efficient management of ICSI institute.
What is E-governance?
E-governance is using technology for the exchange of information, government services, integration of various systems, completing transactions, and providing digital services. The four sub-divisions of e-governance are government information to the government, government services to business, and government public services to citizen, and government communication with the employee. The ICSI’s new training structure provides online training through e-governance. But the lack of computer skills and internet facilities are the disadvantages in the Indian system which makes e-learning a bit difficult to reach all.
To provide quality education governing bodies like UGC, ICSI, ICAI, and AICTE have been using the e-governance system of government. It provides a solution to educational problems. It saves time, saves cost, and works with a user-friendly system. Trainer and trainee are provided with the credentials to log in to the common system. So, the trainer knows about the status of the training of the trainee. The quarterly progress report about the project work, article ship training, and other assignments of the trainee is available in the system. The trainer gets time-to-time information about the trainee which helps for directing the trainee in the correct path.
IT-based e-governance from the government helps to groom the educational sector and administrative activities. Modern technologies such as mobile computing, cloud computing, wide area network and internet improve the communication in different ways. Irrespective of the location of the student, the virtual lectures, bulletin boards, e-libraries, and educational websites operate as a part of the e-learning system. The training page of the student flashes the information about the next level of training. The short term courses like GST, IBC, IPR, Securities laws, forensic audit, corporate restructuring, commercial contracts management, POSH, CSR, and cybersecurity registration details and registration closed details available online.
Relaxation in the article ship training
In the year 2020, the guidelines for company secretaries pursuing article ship training states that they may work from home as per the instruction of the employer or trainer. Company secretaries take article ship training from companies or practicing company secretary firm. In the year 2021, the ICSI institute gave relaxation to the training for six months. In the case of the CMA course, the training is extended to 15 months from 6 months. But here it reduced the training period from 3 years to 21 months. Before article ship training, the student takes up EDP training that goes for one month which grooms the core skills needed for article ship training. Requirement of long-term training – ICSI and short-term training form the new training regulation. Article ship training is the long-term training and EDP, CLDP is the short-term training of ICSI. This provides soft skills knowledge and IT knowledge. CLDP is the program with one or two months of tenure for enhancing the communication skills, IT skills, legal skills, and managerial skills of the company secretaries.
Multiple facets of company secretary profession
Company secretaries need to have detailed knowledge about registration of the business, bankruptcy laws, securities law, due diligence, and amalgamation process. The hard work makes the difference with CA/CMA and ACS courses. The role of the company secretary is powerful and advisory. As there is growing competition in all the professions the deep knowledge is the quality that helps to identify the correct person to the concerned role. Company secretaries need intensive and extensive knowledge which comes only from job experience or article ship training.
The prestigious certification for finance and corporate governance in India are CA, CMA, and ACS. Many start-up companies rely strongly on corporate governance. The reason is the board members of Companies help to practice corporate governance. The domain experience and discussion about the internal and external factors of the business during meetings help for the smooth functioning of the business. Supply chain management, cost strategies, customer satisfaction, and increasing efficiency are the branches of the business which grow in the initial stages.
Bottom line
As per the viewpoint of psychologists, human attention takes eight seconds to 20 minutes towards one thing. E-learning provides the content to foster the self-development of the students. The ICSI institute provides videos, audio books, and e-books for student engagement. RR Academy provides online classes with personal attention. After the quarterly report card, the students get continuous training on weak subjects. The technical issues and subject-related doubts are cleared by the trainers then and there. This makes the online training successful. Online training is not only for knowledge but is for the application of knowledge. It is one-to-one classes with doubt sessions towards the end and it is not self-paced videos.
