CS Executive is the second arduous level that a student must clear, in order to become a CS Professional. As per ICSI Notification No. 01 of 2018, the CS Executive and CS Professional Exams would be in accordance to the New Syllabus wherein there would be a total of Eight Papers at CS Executive Programme. These eight papers would be divided into two modules ie Module 1 and Module 2 and the subjects in each of these two modules are mentioned below.
Module 1 -1. Jurisprudence, Interpretation & General Laws
2. Company Law
3. Setting up of Business Entities and Closure
4. Tax Laws
Module 2-5. Corporate and Management Accounting
6. Securities Laws & Capital Markets
7. Economic, Business and Commercial Laws
8. Financial and Strategic Management
It is however pertinent to mention that Paper 4 of Module 1 ie Tax Laws along with Paper 5 of Module 2 ie Corporate and Management Accounting and Paper 8 of Module 2 ie Financial and Strategic Management are objective type papers, carrying 100 marks each but however there would be a negative marking of 0.25 ie ¼ mark for each question that is incorrectly answered.
Also a candidate shall be declared as pass either in one or both the CS Executive modules in case he obtains a minimum of 40% in each paper and an overall aggregate of 50% in all the papers of either Module 1/ Module 2 or both.
The ICSI further exempts a student to reappear in a paper(s) in case he secures 60% or above in that subject(s), albeit he is unable to clear the group.
The revised fee ie required for registering in CS Executive Course is Rs. 10600 for all students who have cleared either the CSEET Exam or the erstwhile CS Foundation Exam but the fee ie to be paid by the CA Final / CMA Final qualified candidates is Rs15600, and in addition to this, the candidates have to pay an additional exam fee of Rs1200 for each of the modules, ie Rs. 2400 in all, for both the modules and in case a student clears both Module 1 and 2 of the wide-ranging CS Executive Course, he would be then eligible for appearing in the CS Professional Exam.