2
K. Standing and Sub Committees The Council has constituted the following Standing Committees: Executive Committee Membership and Registration Committee Education Committee Examination Committee Research and Development Committee Disciplinary Committee, and Audit Committee. L. Course of Study FOUNDATION LEVEL M. Foundation Level Foundation level will be applicable for non-business graduates. The tenure of Foundation Level is six months. On successful completion of Foundation Level, students will be entitled to go for next Level i.e. Executive Level-I admission directly without any admission test. N. Admission Requirements for Students in Executive Level-I Business Graduates with minimum six points are eligible for admission as students, subject to qualifying the admission test. O. Exemptions offered The Council is empowered to grant exemptions on reciprocal arrangement with other professional bodies as per Chartered Secretaries Act 2010 and Chartered Secretaries Regulations 2011. P. Medium The Syllabus, courses and medium of the examination is English. Q. Examinations of the Institute Examinations are held twice a year, one in January and another in July. R. Compulsory Internship Practical training is an integral part of professional education and therefore, it has been made obligatory for any one wishing to qualify as a Chartered Secretary to undergo the period of apprenticeship in any recognized public organization. S. Membership of the Institute The Institute confers professional membership upon persons who qualify in its prescribed examination and gains requisite experience. On admission, Associate and Fellow Members are entitled to use the designatory letters of ACS and FCS respectively signifying the membership of the Institute. T. Chartered Secretary in Practice A Fellow Member of the Institute not in any employment is entitled to practice after obtaining a Certificate of Practice from the Institute. If a member does not hold a certificate issued by the Institute, he cannot engage in private practice anywhere in Bangladesh. Pursuant to Section 19 of the Chartered Secretaries Act 2010 and Regulation 16 of the Chartered Secretaries Regulations 2011, a practicing member of the Institute can engage himself/herself in full time service in the following areas. As a representative to work in Govt., Semi Govt., Corporation and Private Institutions. Commercial or Industrial / Labor Relations, Arbitration, Negotiations and Conciliation. Services in various Quasi Judicial bodies and Arbitration Tribunal Conciliations. Services relating to Intellectual Property Rights, Management, Valuation and Auditing. Providing Services to various companies and organizations on Income tax law, Customs, Excise and value Added Tax, Tax management and planning. Providing services as an adviser to National and International Business Organizations. Providing services as an adviser to various companies and organizations on Strategic Management, Human Resource Management and Development, Industrial and Labor Management and Information Technology. To perform duties as an Independent Director of a listed company. U. Global Linkage Institute of Chartered Secretaries of Bangladesh (ICSB) is a full member of the Corporate Secretaries International Association (CSIA) Global Voice of Governance, which has its headquarter in Geneva, Switzerland. Others Members are UK, USA, Australia, South Africa, India, Pakistan, Srilanka, Malayasia, Hong Kong, Singapore, Canada, Zimbabwe, Indonesia, Nigeria, Mongolia, New Zealand, etc. PROSPECTUS Office : Padma Life Tower (8th Floor), 115 Kazi Nazrul Islam Avenue, Bangla Motor, Dhaka-1000. Phone : 880-2-9339957, 9334878, 9356972, 831 5338, Fax : 880-2-9339957 E-mail : [email protected], [email protected], Web : www.icsb.edu.bd Campus : Padma Life Tower (7th Floor), 115 Kazi Nazrul Islam Avenue, Bangla Motor, Dhaka-1000. GPO Box No-3100, Phone : 880-2-9349578 & 9336901 CODE SUBJECT MARKS Paper-1 English & Business Communication 100 Paper-2 Business Economics & Statistics 100 Paper-3 Fundamentals of Accounting 100 Paper-4 Principles of Management 100 Total 400 Marks EXECUTIVE LEVEL-I 101 HRM & Industrial Relations 100 102 General & Commercial Laws 100 103 Corporate Accounting 100 EXECUTIVE LEVEL-II 201 Corporate Communication & Report Writing 100 202 Direct & Indirect Tax Laws 100 203 Economic Laws & WTO 100 EXECUTIVE LEVEL-III 301 Company Law & Practice 100 302 Company Secretarial Practice 00 303 Information Technology & Management Accounting 100 304 Banking, NBFI & Insurance Laws & Practice 100 PROFESSIONAL –I 401 Advanced Company Law & Practice 100 402 Corporate Financial Management 100 403 Corporate Governance 100 404 Corporate Administration & Corporate Tax 100 PROFESSIONAL –II 501 Corporate Secretaryship 100 502 Strategic and Operations Management 100 503 Securities Laws & Capital Market 100 504 Secretarial, Management and Systems Audit 100 Total 1800 Marks Padma Life Tower (8th Floor), 115 Kazi Nazrul Islam Avenue Bangla Motor, Dhaka-1000. Web : www.icsb.edu.bd

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Page 1: PROSPECTUS - Institute of Chartered Secretaries of Bangladesh · Bangladesh. Pursuant to Section ... Management, Valuation and Auditing. ... promote and regulate the profession of

K. Standing and Sub CommitteesThe Council has constituted the following Standing Committees:

• Executive Committee

• Membership and Registration Committee

• Education Committee

• Examination Committee

• Research and Development Committee

• Disciplinary Committee, and

• Audit Committee.

L. Course of StudyFOUNDATION LEVEL

M. Foundation LevelFoundation level will be applicable for non-business graduates. The tenure of Foundation Level is six months. On successful completion of Foundation Level, students will be entitled to go for next Level i.e. Executive Level-I admission directly without any admission test.

N. Admission Requirements for Students in Executive Level-IBusiness Graduates with minimum six points are eligible for admission as students, subject to qualifying the admission test.

O. Exemptions offeredThe Council is empowered to grant exemptions on reciprocal arrangement with other professional bodies as per Chartered Secretaries Act 2010 and Chartered Secretaries Regulations 2011.

P. MediumThe Syllabus, courses and medium of the examination is English.

Q. Examinations of the InstituteExaminations are held twice a year, one in January and another in July.

R. Compulsory InternshipPractical training is an integral part of professional education and therefore, it has been made obligatory for any one wishing to qualify as a Chartered Secretary to undergo the period of apprenticeship in any recognized public organization.

S. Membership of the InstituteThe Institute confers professional membership upon persons who qualify in its prescribed examination and gains requisite experience. On admission, Associate and Fellow Members are entitled to use the designatory letters of ACS and FCS respectively signifying the membership of the Institute.

T. Chartered Secretary in PracticeA Fellow Member of the Institute not in any employment is entitled to practice after obtaining a Certificate of Practice from the Institute. If a member does not hold a certificate issued by the Institute, he cannot engage in private practice anywhere in Bangladesh.

Pursuant to Section 19 of the Chartered Secretaries Act 2010 and Regulation 16 of the Chartered Secretaries Regulations 2011, a practicing member of the Institute can engage himself/herself in full time service in the following areas.

• As a representative to work in Govt., Semi Govt., Corporation and Private Institutions.

• Commercial or Industrial / Labor Relations, Arbitration, Negotiations and Conciliation.

• Services in various Quasi Judicial bodies and Arbitration Tribunal Conciliations.

• Services relating to Intellectual Property Rights, Management, Valuation and Auditing.

• Providing Services to various companies and organizations on Income tax law, Customs, Excise and value Added Tax, Tax management and planning.

• Providing services as an adviser to National and International Business Organizations.

• Providing services as an adviser to various companies and organizations on Strategic Management, Human Resource Management and Development, Industrial and Labor Management and Information Technology.

• To perform duties as an Independent Director of a listed company.

U. Global Linkage

Institute of Chartered Secretaries of Bangladesh (ICSB) is a full member of the Corporate Secretaries International Association (CSIA) Global Voice of Governance, which has its headquarter in Geneva, Switzerland. Others Members are UK, USA, Australia, South Africa, India, Pakistan, Srilanka, Malayasia, Hong Kong, Singapore, Canada, Zimbabwe, Indonesia, Nigeria, Mongolia, New Zealand, etc.

P R O S P E C T U S

Office : Padma Life Tower (8th Floor), 115 Kazi Nazrul Islam Avenue, Bangla Motor, Dhaka-1000. Phone : 880-2-9339957, 9334878, 9356972, 831 5338, Fax : 880-2-9339957E-mail : [email protected], [email protected], Web : www.icsb.edu.bd

Campus : Padma Life Tower (7th Floor), 115 Kazi Nazrul Islam Avenue, Bangla Motor, Dhaka-1000. GPO Box No-3100, Phone : 880-2-9349578 & 9336901

CODE SUBJECT MARKSPaper-1 English & Business Communication 100Paper-2 Business Economics & Statistics 100Paper-3 Fundamentals of Accounting 100Paper-4 Principles of Management 100 Total 400 Marks

EXECUTIVE LEVEL-I101 HRM & Industrial Relations 100102 General & Commercial Laws 100103 Corporate Accounting 100

EXECUTIVE LEVEL-II201 Corporate Communication & Report Writing 100202 Direct & Indirect Tax Laws 100203 Economic Laws & WTO 100

EXECUTIVE LEVEL-III301 Company Law & Practice 100302 Company Secretarial Practice 00303 Information Technology & Management Accounting 100304 Banking, NBFI & Insurance Laws & Practice 100

PROFESSIONAL –I401 Advanced Company Law & Practice 100402 Corporate Financial Management 100403 Corporate Governance 100404 Corporate Administration & Corporate Tax 100

PROFESSIONAL –II501 Corporate Secretaryship 100502 Strategic and Operations Management 100503 Securities Laws & Capital Market 100504 Secretarial, Management and Systems Audit 100 Total 1800 Marks

Padma Life Tower (8th Floor), 115 Kazi Nazrul Islam AvenueBangla Motor, Dhaka-1000. Web : www.icsb.edu.bd

Page 2: PROSPECTUS - Institute of Chartered Secretaries of Bangladesh · Bangladesh. Pursuant to Section ... Management, Valuation and Auditing. ... promote and regulate the profession of

A. The InstituteInstitute of Chartered Secretaries of Bangladesh (ICSB), a premier national professional body established by an Act of Parliament i.e. Chartered Secretaries Act 2010, is the only recognized professional body in Bangladesh to develop, promote and regulate the profession of Chartered / Company Secretaries in Bangladesh.

The affairs of the Institute are managed by a Council consisting •of thirteen (13) elected members and five (5) nominees of the Government of Bangladesh.

B. Chartered Secretary as a Profession Chartered Secretary is a challenging and rewarding profession in the corporate world. Members are trained to chart a course through regulation, legislation and best practice and to deliver effective operations. Chartered Secretaries acquire specialized knowledge and training in the field of corporate management and governance, including corporate laws, compliance and administration.•

“Chartered Secretary” is a requisite qualification to become a Company Secretary. Chartered Secretaries are also employed as Chief Operating Officers, Managing Directors/Chief Executive Officers, Non-Executive Directors, Managers and Senior Corporate Executives. A Fellow Chartered Secretary may also practice independently as a professional after obtaining a certificate of practice from ICSB, as provided in the Chartered Secretaries Act, 2010.

C. VisionTo be the institutional leader in creation of skilled professionals for development of corporate management and good governance.

D. MissionTo remain the premier body of professionals to cultivate the profession of Chartered Secretary so as to ensure sound corporate governance and build up capable corporate management personnel by continuously working for proactive professional development.

E. Objectives, Roles and Functions

The main objective of the Institute is to develop, promote and regulate the profession of Chartered Secretary, impart requisite training and education and then to offer membership of the Institute to the deserving candidates. For this purpose, the institute has designed a comprehensive system of education and examinations and has laid down specific conditions. Besides, strict disciplinary rules for exercising control over the conduct of members have also been laid down to sustain professional ethics and standards.

Additionally the Institute :• Arranges practical training for members/students of the

Institute as well as practicing Company Secretaries especially empowered for the purpose.

• Enrolls qualified persons as Associate/ Fellow members of the Institute.

• Issues Certificate of Practice to Fellow members taking up private practice.

• Publishes ‘Chartered Secretary’, a quarterly professional journal popular among all professionals.

• Exercises professional supervision over the members of the Institute, both in employment and in practice in matters pertaining to Professional Ethics and Code of Conduct.

• Formulates Secretarial Standards and Guidance Notes.• Gives Expert advisory opinion to members of the Institute on

intricate issues relating to various corporate laws.• Organizes Professional Development Programmes, Continuing

Education and participative Certificate Programmes, International/ National Conventions and Conferences.

• Promotes good governance through carrying out research, developing standards and building awareness.

• Establishes and maintains professional relationship with various Government / Non Government organizations, National / International Chambers of Commerce with regard to various Governance Policies and Legislations.

F. Qualification Offered : Chartered Secretary Chartered Secretary is an independent profession in the field of Corporate Management and Governance. The profession of Chartered Secretary is practiced by a Company Secretary under the Companies Act, Chartered Secretaries Act and other laws in force.

A Company Secretary is required to perform multidimensional functions in terms of compliance with intricate legal obligations & Company Secretarial Practices, preparation & submission of periodical reports, publication of Financial Statements, observance of Taxation Laws, General Administration, identification of the areas for improving Corporate Governance, implementation of changes in relevant legislations, fulfilling obligations relating to capital market, and above all, upholding the rights & interests of the stakeholders. Accordingly, he is obliged to acquire specialized knowledge, skills and expertise in all these areas of corporate management.

Once a student has passed the Final Examination and gains practical training and experience as required by the rules of the Institute, he/ she becomes eligible for admission as an Associate Member of the Institute.

A "Chartered Secretary" is primarily suitable for employment in corporate bodies. Employment opportunities also exist for them in the government, autonomous bodies, nationalized industries, financial institutions, stock exchanges, chambers of commerce, trade associations and other similar organizations.

G. ICSB as a Body imparting Professional EducationThe Institute of Chartered Secretaries of Bangladesh :

• Enjoys independent statutory status governed by its own Act i.e. Chartered Secretaries Act 2010 and Chartered Secretaries Regulations 2011;

• Is under the administrative control of Ministry of Commerce, Government of the Peoples’ Republic of Bangladesh;

• Has powers to design and prescribe suitable courses of study to achieve its academic and professional goals;

• Conducts coaching classes to assist students complete the courses;

• Requires students to acquire practical knowledge of Secretarial and Management theory and practice acceptable to the Council of the Institute;

• Confers professional membership on those who qualify as per prescribed conditions of eligibility for admission as members of the Institute; and

• Has laid down and shall also do so from time to time, strict code of professional conduct and ethics for its members and students.

H. ICSB as an Examining BodyAs an Examining Body, the Institute follows the international

practice of professional institutes in holding examinations as the major part of its educational policy. The Institute also aims at securing a comprehensive educational infrastructure and other facilities of its own.

I. Career Opportunities after Professional QualificationMembership of the Institute carries a high academic and professional status and adds value, which will brighten the prospects for career advancement for those who qualify and fulfill other eligibility conditions for membership of the Institute.

J. Council of the InstituteThe Council of the Institute consists of thirteen (13) elected members from among the Chartered Secretaries and five (5) nominees of the Government of Bangladesh and is vested with absolute executive powers to manage and control the affairs of the Institute. The Council has delegated some powers to different Standing Committees and sub-committees to perform certain special functions on its behalf. However, reference to the Council is essential on major policy matters.

The decisions of the Council are absolute and final in all matters. The composition of the present Council is as follows:

THE COUNCIL

PRESIDENT

Mohammad Asad Ullah FCS

SENIOR VICE PRESIDENT

M. Naseemul Hye FCS

VICE PRESIDENT

Md. Monirul Alam FCS

TREASURER

Mohammad Bul Hassan FCS

COUNCIL MEMBERS

Mohammad Sanaullah FCS

Itrat Husain FCS

N. G. Chakraborty FCS

Md. Shahid Farooqui FCS

Md. Azizur Rahman, FCS

Md. Selim Reza FCS

Mohammad Nurul Alam FCS

Hossain Sadat FCS

A. T. M. Tahmiduzzaman ACS

Md. Shawkat Ali Waresi, Additional Secretary, GOB

Md. Ekhlasur Rahman, Joint Secretary, GOB

Nasreen Begum, Additional Secretary, GOB

Prof. Md. Helal Uddin Nizami, Commissioner, BSEC

Bijon Kumar Baishya, Registrar, RJSCF

SECRETARY TO THE COUNCIL

Mustafa Mohiuddin

The President is the head of the Institute while the Secretary is the Chief Executive. All major decisions are generally taken by the Council.