Accounting

Which is better? The MBA is an academic degree, typically requiring two years of study. The CS is a professional designation requiring about one year of study and a professional examination. The emphasis is on corporate governance, working closely with boards of directors, and liaison between the corporation, government, and shareholders. The CS studies corporate law, accounting, finance, management, economics, and information technology. The MBA studies those subjects plus marketing, production, statistics, strategy, policy and other business related courses. The MBA emphasizes preparing students for management positions in any level of a business, up to CEO. It appears that an MBA student could structure study in the MBA programme to get the necessary background to become corporate secretary while at the same time getting a degree that has more acceptance throughout the world, whereas the company secretary position is limited primarily to India where there are legal requirements to have a person designated as secretary. Of course, all corporation have a corporate secretary even without the legal requirement, but they don't have to have a person specifically trained for the position. Clearly the scope of an MBA is broader than the CS but that does not mean that the CS is not a valuable position to attain. Regards.

Hi Kanchan!
The career opportunities and scope of CS is very vast as one can find a job in the field of the private sector, public sector, banks, stock exchange, law firms and other financial institutions. The Company Secretary works as a traditional support to the administrative block of the organisation as well as take care of corporate governance and successful implementation of the decisions. In the global scenario, there is a large focus on the corporate sector and growth in the corporate sector leads to involvement of legalities and legal complications. Not only in the private sector but the government of India also provides Company Secretary Career scope. Government financial Institutions, Stock Exchanges, Bureau of Public Enterprise, Law services in Nationalised Banks, Department of Company Affairs are some of the major fields of CS in India.