Career Testing
Career Testing
Career Testing
CHOOSING A CAREER / JUL. 15, 2014
version 6, draft 6

How to Become a Corporate Administrator

administrator
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A corporate organisation is a legal entity with a structured governance system and a distinct identity. Corporate administrators, also known as corporate secretaries, work toward ensuring private and public organisations adhere to the best governance practices. They coordinate operational activities and advise top company executives on a wide array of legal, leadership and business issues. This career is ideal for professionals with advanced formal qualifications and superior administrative abilities.

What do Corporate Administrators do?

Corporate administrators are involved in almost every organisational function, from policy implementation and asset management to corporate-social responsibility and information management. Although the specific duties of these administrators could vary with whether an organisation is publicly or privately held, they commonly perform the following tasks;

  • Liaise with board members and senior executive to discuss various organisational matters
  • Maintain key company records, including minute meetings, business contracts and trade secrets
  • Participate in the development and implementation of organisational policies
  • Maintain communication between an organisation and its shareholders
  • Draft speeches for top executives, deliver speeches in conferences and seminars and respond to corporate emails
  • Resolve departmental problems and participate in employee performance evaluation
  • Ensure organisations adhere to relevant corporate laws and regulations

Work Environment

Corporate administrators spend most of their time in an office environment, where they work between 9am and 5pm, Monday through Friday. Occasionally, they attend evening meetings and work on Saturdays to meet tight deadlines.

Travels are common, especially when representing the company in conferences.

Salary

The salary information for corporate administrators or secretaries at various career levels is tabulated below;

Career Level

 

Annual Wage

Beginning administrators

 

£35,000

Experienced administrators

 

£50,000 - £70,000

Top administrators

 

£100,000 - £150,000

Source: National Careers Service

Education and Training

To qualify for employment as a corporate administrator, you need to earn a bachelor’s degree in any of the following fields;

  • Business
  • Law
  • Accounting
  • Public administration

Having prior work experience in areas, such as credit control, office management, insurance and pension, improves your employment prospects.

To secure this position in a public limited company, you must be a member of the Institute of Chartered Secretaries and Administrators, or a barrister, solicitor or accountant. Although you can work at a private limited company without being a member of the ICSA, membership improves your chances of getting employed.

To become a full chartered member of the ICSA, you can either;

  • Complete the Chartered Secretaries Qualifying Scheme, or
  • Present your postgraduate qualification to ICSA for validation.

Important Skills and Abilities

To be an effective corporate administrator, you should have;

  • Strong communication and presentation skills
  • Strong interpersonal skills
  • Strong organisational and problem-solving skills
  • Good decision-making skills
  • An intricate understanding of corporate laws and finance
  • The ability to multitask prioritise tasks

Career Development

In a profession like corporate administration, advanced academic and professional qualifications are very crucial for career development.

Therefore, besides pursuing a master’s degree in law, business or public administration, you can earn any of the following ICSA certifications;

  • Advanced Certificate in Corporate Governance
  • Company Law and Compliance in Listed Companies
  • Certificate in Employee Shares
  • Diploma in Charity Management - for postgraduates

Employment Opportunities

As a qualified corporate administrator, you can work for;

  • Government agencies
  • Non-profit organisations
  • Large business firms

With vast job experience and advanced education, you can become a company’s managing director or chief executive. You can also start a corporate administration consultancy firm.

Finally, the National Careers Service expects the UK economy to create about 200,000 new jobs for senior management professionals between 2014 and 2020. This means aspiring corporate administrators have strong employment prospects.

Useful Links

  • Third Sector
  • Law Society Gazette  
  • ICSA Recruitment                                                                                                                    ·
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