Membership is open to all those who give, take, and manage credit or have affinity with credit presently or in the past.
ICA Membership
Requirements for Direct Entry
FICA: Candidate of notable professional and academic achievements in the field of credit and financial management, or occupies top level position in management with functions having to do with credit, financial, accounting and marketing in a directorate or senior management capacity either at present or in the past; including membership of related professional institutes on similar grade.
MICA: Candidate must possess good honours degree or its equivalent with relevant work experience at middle management level with functions having to do with Credit Management, Accounting, Banking and Finance and Marketing of not less than five years. In addition, candidate must show evidence of professional membership in the same grade or “associate grade” obtained from relevant recognized professional body.
AICA: Candidate must have completed the Institute’s final professional examinations. However, a candidate with good honours degree or its equivalent in Accounting and Banking Finance and Marketing with relevant work experience in credit management of not less than three years, may be considered.
PROFESSIONAL MEMBERSHIP BY DIRECT ENTRY
Direct Entry Professional Membership
Direct Fellow
(FICA)
N150,000.00
Direct Member
(MICA)
N67,000.00
Direct Associate
(AICA)
N47,500.00
Annual Membership Subscription
Fellow Member
N15,000.00
Per annum
Full Member
N10,000.00
Per annum
Associate Member
N5,000.00
Per annum
Payable Annual Corporate Membership Fees (Silver)
N1,500,000.00
Total amount due annually
Payable Annual Corporate Membership Fees (Gold)
N2,500,000.00
Total amount due annually
Payable Annual Corporate Membership Fees (Platinum)
N3,500,000.00
Total amount due annually