Institute of Company Secretaries of India (ICSI)Intermediate Level

CS
Executive

Build the legal and governance expertise at the heart of CS.

700Total examination 700 marks across both groups
50%Minimum 50% aggregate across all papers within that group
₹18,900Registration fee (both modules, one-time)
7 papers in two groups700 marks across both groupsOffline — pen-and-paper onlyTwice a year — June & December
▸ ABOUT THIS COURSE

CS Executive

CS Executive is the second and intermediate level of the three-level CS professional qualification offered by ICSI. It follows the CSEET for most candidates, though graduates, CA Final holders, and CMA Final holders may enter the CS Executive directly without completing the CSEET. Upon clearing both groups of CS Executive, candidates become eligible to register for CS Professional — the final level that leads to ICSI membership and the CS designation. The operative syllabus for CS Executive is the 2022 syllabus, which has been mandatory for all candidates since December 2025. The previous 2017 syllabus was discontinued after June 2024 and is no longer available to new candidates. The 2022 syllabus covers core areas including company law, taxation, capital markets, commercial law, financial management, and economic law. These subjects represent the intermediate professional knowledge required before advancing to the specialised areas of CS Professional (ESG, insolvency, strategic finance, and elective specialisations). CS Executive requires candidates to clear seven papers divided into two groups — this creates a substantive examination load and is recognised as the most difficult level of the CS programme in terms of pass rate (~19%). Candidates may attempt both groups in the same session or pace their attempts differently, providing flexibility in scheduling.

Governing BodyThe Institute of Company Secretaries of India (ICSI) -a statutory body established under the Company Secretaries Act, 1980
RecognitionIt is a government-recognised professional qualification in India.
Official Websitewww.icsi.edu
Course LevelIntermediate
Level DetailCS Executive is the second of three progressive levels in the CS professional programme: Foundation (CSEET) → Executive → Professional.
▸ WHO THIS IS FOR
  • CSEET Clearers: Candidates who have cleared CSEET and are progressing through the CS programme in the standard sequence.
  • Graduates in Any Discipline (except Fine Arts): Holders of a bachelor's degree or higher, regardless of their field of study (commerce, science, engineering, humanities, management, etc.), may enter CS Executive directly without CSEET. This recognition reflects that graduates possess sufficient foundational knowledge and discipline to handle intermediate-level professional content.
  • Final-Year / Final-Semester Undergraduate Students: Candidates in their final year or final semester of graduation may register for CS Executive even before their degree is formally conferred, provided they can demonstrate enrolment in a recognised university.
  • CA Final and CMA Final Holders: Chartered Accountants and Cost Management Accountants are recognised as having equivalent foundational and intermediate knowledge and may enter CS Executive with a ₹5,000 exemption fee.
  • Working Professionals: Individuals employed in legal, finance, compliance, corporate governance, or related fields who hold a degree and seek a recognised professional qualification in corporate law and governance.
  • CS Executive is particularly suited for career changers, law graduates, commerce graduates, and compliance professionals seeking specialised expertise in corporate governance and regulatory compliance.
▸ ELIGIBILITY & PREREQUISITES

One of the most accessible certifications in India.

The eligibility criteria for CS Executive vary based on your background. The following table outlines the main entry routes:

CSEET
CSEET Route
Must have cleared CSEET (under either the old online format or the new 4-day offline format introduced June 2026). Proof of CSEET clearance must be provided at registration.
Graduate
Direct Graduate Entry
Bachelor's degree or higher (post-graduation) in any discipline except Fine Arts from any recognised Indian or international university. Engineering, commerce, science, law, management, liberal arts, and all other disciplines (except Fine Arts) qualify.
None
Age Limit
There is no age limit.
CA / CMA
CA Final / CMA Final
Holders of the Chartered Accountant qualification from the Institute of Chartered Accountants of India (ICAI). A ₹5,000 exemption fee applies (in place of CSEET registration and enrollment fees).

Nationality: The course is open to Indian nationals; NRIs may apply subject to ICSI guidelines.

▸ PREREQUISITES
  • 1No prior background in law, finance, or commerce is required beyond the eligibility qualification
  • 2Examinations are conducted in English; basic proficiency is expected
  • 3No work experience is required to register
  • 4The mandatory 21 months of practical training is a separate requirement -it can be completed at any point, including after clearing all professional exams
  • 5Registration must be completed through ICSI's official portal at icsi.edu
▸ EXEMPTIONS & RELATIONSHIP WITH OTHER EXAMS

CS Executive uses a performance-based exemption system that is a significant benefit for candidates: Exemption Threshold: Any candidate scoring 60 marks or above (60%+) in an individual paper within a group is automatically granted an exemption from re-appearing in that specific paper in all future attempts. Automatic Carry-Forward: The exemption carries forward automatically across all future attempts, even if the overall group is not cleared. For example, if a candidate scores 65 marks in Paper 1 but fails Paper 2 in their first attempt, the exemption for Paper 1 is retained. In their next attempt, they must retake the failed group but are exempt from Paper 1 and only sit Papers 2, 3, and 4. Applies to Both Groups: This exemption system applies to papers in both Group 1 and Group 2. Candidates build exemptions progressively as they clear individual papers. Negative Marking Caveat: Papers with a 20% objective section (20 marks) include negative marking of 0.25 marks per wrong answer. Candidates should be strategic: attempting only questions they are confident about can help secure the 60-mark threshold. Reckless guessing can lower scores below the exemption threshold. This exemption system is a powerful strategic tool — candidates can focus on weak papers while building a fortress of exemptions in strong papers.

  • CA Final (ICAI): Exempt from CSEET; direct entry to CS Executive with ₹5,000 registration fee

  • CMA Final (ICMAI): Exempt from CSEET; direct entry to CS Executive with ₹5,000 registration fee

  • Graduate / Post-Graduate (any stream except Fine Arts): Direct entry to CS Executive -Foundation level not required

  • Within CS Executive itself, there are NO paper-wise waivers based on external qualifications. CA Final, CMA Final, and graduate candidates enter CS Executive but must clear all papers (subject to the exemption system above) — no papers are waived outright based on their prior qualification.

Registration must be completed through ICSI's official portal at icsi.edu
EXAM & ASSESSMENT

Pattern, marking & retake policy.

Total Papers
Under the 2022 syllabus (operative for all 2026 exams), CS Executive consists of seven papers divided into two groups
Group 1
Four papers (Papers 1, 2, 3, 4)
Group 2
Three papers (Papers 5, 6, 7)
Total Marks
Each paper is marked out of 100 marks, bringing the total examination to 700 marks across both groups.
Format
These six papers follow a mixed format: 20% objective/multiple-choice questions (MCQ) worth 20 marks, and 80% descriptive/written questions worth 80 marks. The objective section includes negative marking.
Paper 4 (Corporate Accounting and Financial Management)
This paper is 100% descriptive — all 100 marks are allocated to essay-type and numerical problem-solving questions. There is no objective section; consequently, there is no negative marking in this paper.
Negative Marking
In the objective sections of Papers 1, 2, 3, 5, 6, and 7, a penalty of 0.25 marks is deducted per wrong answer. There is no negative marking for descriptive answers or in Paper 4 (which is entirely descriptive). Candidates should answer objective questions only when reasonably confident.
No Open-Book Exams
Unlike CS Professional (which has two open-book electives), CS Executive has no open-book papers. All examinations are conducted under standard closed-book conditions.
Paper 7 — Tax Laws & Practice
Paper 7 Tax Laws and Practice is applicable for the June 2026 exam onwards — this is also the paper that had its name updated most recently, so make sure you use "Tax Laws & Practice," not the old "Tax Laws" name.
▸ SUBJECTS & PAPERS
P1
Jurisprudence, Interpretation & General Laws
Group 1
3 hours
P2
Company Law
Group 1
3 hours
P3
Setting up of Business Entities and Closure
Group 1
3 hours
P4
Corporate Accounting and Financial Management
Group 1
3 hours
P5
Capital Market & Securities Laws
Group 2
3 hours
P6
Economic, Commercial and Intellectual Property Laws
Group 2
3 hours
P7
Tax Laws & Practice
Group 2
3 hours
▸ MARKING SCHEME
700
the total examination to 700 marks across both groups
40%
Minimum 40% marks in each individual paper within the group.
50%
Minimum 50% aggregate across all papers within that group.
-0.25
a penalty of 0.25 marks is deducted per wrong answer
▸ EXAM MODE

CS Executive is conducted in offline (pen-and-paper) mode only at ICSI-designated exam centres across India. There is no online or CBT option. All papers are held in the morning shift from 9:00 AM to 12:15 PM. Candidates must carry their admit card and a valid photo ID to the exam centre.

Each paper is 3 hours 15 minutes in total -this includes 15 minutes of reading time provided before the exam begins, during which candidates may read through the question paper but not write. The actual writing time is 3 hours per paper.

EXAM WINDOW

ICSI conducts CS Executive exams twice a year across two fixed sessions: June session — June 1 to June 8 — 9:00 AM to 12:15 PM (includes 15 min reading time); December session — December 22 to December 29 — 2:00 PM to 5:15 PM (includes 15 min reading time). June 2026 session enrollment deadline (without late fee): 25 March 2026. December 2026 session — both groups registration: February 1 to May 31, 2026. December 2026 session — single group registration: June 1 to July 31, 2026.

▸ PASSING CRITERIA & CUT-OFFS
  • Minimum 40% marks in each individual paper within the group.
  • Minimum 50% aggregate across all papers within that group.
  • Both conditions must be met at the same time — clearing one without the other does not constitute a pass for that group. There are no category-wise cut-offs beyond the above.
  • For Group 1: At least 40% in each of Papers 1, 2, 3, and 4 individually, AND at least 200 marks (50% of 400) in total.
  • For Group 2: At least 40% in each of Papers 5, 6, and 7 individually, AND at least 150 marks (50% of 300) in total.
  • Cleared Groups Retention: Once a group is cleared, it remains cleared permanently. If a candidate clears Group 1 in June 2026 but fails Group 2, they do NOT need to retake Group 1 in the next session. They only register and appear for Group 2 again. This is a major advantage — candidates can pace their preparation strategically.
  • Negative marking (0.25 per wrong answer) applies only to the 20% objective section of Papers 1, 2, 3, 5, 6, and 7.
  • There is no negative marking for descriptive answers in any paper.
  • Paper 4 (100% descriptive) has no negative marking at all.
▸ NUMBER OF ATTEMPTS & RETAKE POLICY
  • No cap on the total number of attempts
  • If one module is cleared and the other is failed, only the failed module needs to be retaken -the cleared module is not forfeited
  • Papers in which a candidate scores 60 or above carry forward as exemptions in all future attempts -the candidate need not reappear in those papers
  • No mandatory cooling-off period between attempts
  • Exam enrollment opens fresh each session and requires a new application and fee payment
▸ REGISTRATION & FEES

How to register for CS Executive.

All registrations are handled online through the official ICSI portal at icsi.edu or the ICSI SMASH portal at smash.icsi.edu. There is no offline registration route.

1
Visit icsi.edu → Executive Program Registration
2
Select your entry route -CSEET route or direct graduate entry
3
Enter your academic and personal details and upload the required documents
4
Pay the registration fee online (debit card, credit card, net banking, or UPI)
5
Submit the application and save the Transaction ID
▸ FEE BREAKDOWN
Direct from ICSI portal
Registration fee (both modules, one-time)
₹18,900
Exam form fee (per module, per session)
₹1,500
Approximate total (registration + both modules, one attempt each)
~₹25,400
Additional fee for direct graduate / CA / CMA entry (in place of CSEET)
₹5,000
Overseas exam centre surcharge (e.g., Dubai)
US$100 per session

Source: Direct from ICSI portal

AT REGISTRATION
Recent passport-size photograph and signature
Class 10 certificate (for date of birth proof)
Class 12 mark sheet or admit card
Graduation / post-graduation consolidated mark sheets (where applicable -for direct graduate entry)
CSEET result/mark sheet (for CSEET route candidates)
Valid ID proof -Aadhaar, PAN, passport, or driving license
Category certificate, if applicable (SC/ST, disability, regional concession, etc.)
Scholarships, Waivers & Financial Aid
1SC/ST candidates are charged 50% of the standard fee across all levels
2Merit Scholarships are awarded based on examination performance
3Merit-cum-Means Assistance is available to candidates who pass both groups of CS Executive in a single attempt without claiming any exemption -income conditions apply (annual family income not exceeding ₹48,000 if dependent on family, or ₹36,000 if employed)
4Fee concessions are extended to students from the North East, J&K, Ladakh, Andaman & Nicobar Islands, Lakshadweep, Himachal Pradesh, defense personnel, and students with physical disabilities
5ICSI Students Education Fund Trust (ICSI-SEFT) provides financial support to economically weaker students. The candidate must first pay the full fee and apply for a refund within six months of admission
▸ CERTIFICATION & RENEWAL

What you get & how to stay current.

CERTIFICATE / CREDENTIAL AWARDED
CS Executive (Eligibility to register for CS Professional)
issued by ICSI
  • Clearing both modules of CS Executive does not award a standalone certificate or designation. It qualifies the candidate to register for CS Professional -the final level of the CS programme. A full credential (ICSI membership) is awarded only after clearing CS Professional and completing the mandatory 21 months of practical training.
RENEWAL & RECERTIFICATION
Certificate validity: Registration at the Executive level remains valid for 5 years.
To renew before expiry, do one of the following:
A

Not applicable at the CS Executive stage. Renewal and CPE (Continuing Professional Education) requirements apply only to ICSI members -those who have completed the full CS qualification and obtained membership. Members must complete 20 CPE hours per year and renew membership annually between 1st April and 30th June.

Designation / Title Permitted
1No designation or title is awarded at the CS Executive stage. Designations such as ACS (Associate Company Secretary), the prefix "CS", and eventually FCS (Fellow Company Secretary) are awarded only after completing the full CS programme and being admitted to ICSI membership. Using the CS designation before completing all membership formalities constitutes professional misconduct under the Companies Secretaries Act, 1980.
Completion & Certification
1
Duration to Complete

There is no fixed minimum time to complete CS Executive -candidates can attempt both modules in the same session if they choose. In practice, most candidates take 1 to 2 years to clear both modules given the pass rates. Registration at the Executive level remains valid for 5 years. If the level is not completed within that period, the candidate may apply for Registration De Novo by paying the prescribed fee; failing to do so will cancel the earlier registration and require starting fresh.

2
Certificate / Credential Awarded

Clearing both modules of CS Executive does not award a standalone certificate or designation. It qualifies the candidate to register for CS Professional -the final level of the CS programme. A full credential (ICSI membership) is awarded only after clearing CS Professional and completing the mandatory 21 months of practical training.

▸ CAREER & MARKET DATA

Where this certification takes you.

Fresher level
₹2.5 – ₹5 LPA
Indicative range · India
Assistant Company Secretary
Junior Company Secretary -focused on documentation
legal compliance
Mid-level (3–7 years)
₹5 – ₹10 LPA (avg ~₹8–8.5 LPA)
Indicative range · India
Compliance Manager
Legal Officer
Company Secretary in a private firm
Senior level (8+ years)
₹10 – ₹17 LPA
Indicative range · India
Compliance Head
Company Secretary of a listed company
Legal Director
Independent practice
₹25,000 – ₹1,00,000/month (retainer basis)
Indicative range · India
independent practice as a Practising Company Secretary
▸ TOP RECRUITERS
Industries and organisations that recruit CS Executive qualified candidates.
IT and consulting
TCSInfosysWiproAccentureCognizantIBMTech Mahindra
Banking and finance
HDFC BankJP Morgan ChaseMorgan Stanley
Conglomerates and manufacturing
Aditya Birla GroupTATA SteelSiemensReliance
Compliance and governance roles
AmazonCiscoASUS
▸ INDIA vs. GLOBAL DEMAND
ICSI is the largest body of Company Secretaries globally, with over 75,000 members and around 2,00,000 students. Under the Companies Act, 2013, a Company Secretary is classified as Key Managerial Personnel (KMP) -a whole-time CS is mandatory for every listed company and every unlisted public company with paid-up share capital of ₹10 crore or more. This makes domestic demand structurally linked to regulatory compliance rather than market sentiment.
ICSI projects India will require approximately 1,00,000 Company Secretaries by 2030, against a current intake of ~2,500 new members per year -pointing to sustained domestic demand. Internationally, ICSI has six overseas centres (Australia, Canada, Singapore, UAE, UK, USA) and reciprocal arrangements with foreign governance bodies, including CGI (UK), CISI, and institutes in Singapore, Malaysia, and Australia.
Major recruiters for CS professionals include TCS, Infosys, Wipro, Accenture, Cognizant, IBM, and Tech Mahindra in IT and consulting; HDFC Bank, JP Morgan Chase, and Morgan Stanley in banking and finance; and Aditya Birla Group, TATA Steel, Siemens, and Reliance in conglomerates and manufacturing. Amazon, Cisco, and ASUS also hire for compliance and governance roles.
▸ AFFILIATED / ACCEPTING ORGANISATIONS
CISI -completion of the CS Executive programme qualifies students to obtain the International Investment Administration Qualification (IAQ)
Chartered Governance Institute (CGI), UK & Ireland -ICSI members (post full qualification) are exempt from 14 of 17 CGI exams, needing only 3 core papers for CGI membership
Professional bodies in Singapore, Malaysia, and Australia -CS professionals can pursue equivalent memberships with reduced requirements under ICSI's tie-ups
▸ HOW IT STACKS UP

CS Executive vs. close alternatives.

A factual side-by-side against the certifications people most often compare it to.

Difficulty Level & Pass Rate
Difficulty Level
CS Executive is considered highly demanding. The combination of eight papers across two modules, a mixed MCQ and descriptive format, and the simultaneous 40% per paper and 50% aggregate requirements makes this the most challenging level for many candidates in terms of the syllabus's volume and breadth.
Official Pass Rate
The pass rate is approximately 19% based on ICSI's official examination result disclosures -significantly lower than CSEET (72.84%) and even below CS Professional (26%).
Mock Tests
icsi.edu → Students → Examination → Question Papers
CertificationDurationCost (India)RecognitionKey Distinction
CA -ICAI
4–4.5 years
~₹1 lakh
Statutory; required for audit and finance roles in India
Statutory; required for audit and finance roles in India
CMA -ICMAI
3–3.5 years
~₹75,000
Recognised for cost audit and PSU roles in India
Recognised for cost audit and PSU roles in India
LLB (post-graduation)
3 years
₹50,000–₹3 lakh+
Required for courtroom practice; overlaps with CS in corporate law
Required for courtroom practice; overlaps with CS in corporate law
Can be pursued alongside other studies or work.

Yes. CS Executive is fully compatible with studying while working. There are no mandatory attendance requirements -the exams are held offline only twice a year (June and December), and candidates can pace their module attempts around their schedules. Many candidates attempt one module per session rather than both together.

ICSI officially permits the mandatory 21 months of practical training to be completed at any point, including after clearing all professional exams. This removes the biggest scheduling constraint. Graduates entering directly at this level can begin immediately without completing CSEET, shortening their overall timeline.

▸ UPDATES & RESOURCES

Official resources & links.

All resources are hosted directly by ICSI. Past papers from 2020 onwards are available for free download along with official suggested answers and practice manuals for each level.

▸ LATEST NOTIFICATIONS & UPDATES

Key update categories to track via ICSI Announcements:

CS Executive June 2026 exams commenced on 1 June 2026

December 2025 results for CS Executive were declared on 25 February 2026

The CS New Syllabus 2025 reduced the load at the Executive level -topics have been removed from JIGL, Company Law, and ECIPL, with more advanced content shifted to the Professional level. The current operative syllabus remains the 2022 version

Registrations for CS Executive December 2026 (both groups) are open until 31 May 2026

READY TO START?

Clear CS Executive in 1 to 2 years.

In practice, most candidates take 1 to 2 years to clear both modules given the pass rates.