ICSI introduces CS Executive Entrance Test (CSEET) in place of Foundation Programme
To meet the stakeholders’ expectations and to further enhance the quality of future members is the prime objective of the Vision New ICSI 2022. The Company Secretaries (Amendment) Regulations, 2020 require introduction of CS Executive Entrance Test (CSEET) in place of the Foundation Programme. With the introduction of CSEET from February 3, 2020, new registration to the Foundation Programme has ceased to exist w.e.f. February 3, 2020, CSEET is the only qualifying entrance test for registration to the CS Executive Programme.
CSEET has been introduced keeping in view the diverse academic standards of students seeking admission in the Company Secretaryship Course, to attract meritorious students and to test their aptitude for the Company Secretary profession. The candidates appearing/passed in class 12th examinations shall be eligible for appearing in the CSEET. All the students seeking admission in the Company Secretary Course including graduates/ post graduates, etc. shall be required to qualify the CSEET from February 3, 2020 onwards. The process of selecting meritorious candidates through CSEET will enhance the quality of future members to meet the expectations of the industry and the regulators.
Regulation 20(1)(ii) of the Company Secretaries (Amendment) Regulations, 2020 contains the provisions of CSEET.
Passing of CS Executive Entrance Test (CSEET) is mandatory for all candidates to register for CS Executive Programme, except a few exempted categories of candidates.
• A candidate passed / appearing in the Senior Secondary (10+2) Examination or equivalent thereto is eligible to appear in the CSEET.
• All Graduates/ Post Graduates who were hitherto eligible for registration directly to CS Executive Programme, are also required to pass the CSEET to become eligible for registration to Executive Programme.
• Candidates who have passed CS Foundation Programme are exempted from CSEET without any payment of exemption fee.
• Candidates who have passed the Final Examination of The Institute of Chartered Accountants of India (ICAI) and/or The Institute of Cost Accountants of India (ICMAI) are exempted from CSEET and shall pay `5,000 (Rupees Five Thousand Only) towards exemption fee at the time of Registration to CS Executive Programme.