Any person who is an academic, executive or student working in the field of finance and accounting, can become a member of the society.
Graduate from any recognized university with Post graduate degree and diploma in management from IIMs and other institutes or universities, qualified chartered accountants, cost accountants, engineering graduates having interest in finance, executives of corporate houses and entrepreneurs.
The membership to the society shall always be restricted by decision of the Governing body of the Association and no person shall be eligible for membership to the Association unless(s)he fulfills the eligibility criteria prescribed for membership.
Academic (Rs. 3000 / equivalent USD) – A researcher and/or teacher of finance and accounting in a management institution, college, university, or research institute. Academic members are entitled to vote in all IFA-related elections.
Executive (Rs. 5000 / equivalent USD) – A corporate executive or other management practitioner. An executive is defined as an individual who spends over 50 percent of his or her time in nonacademic professional management. Executive members are entitled to vote in all IFA-related elections.
Student (Rs. 1000 / equivalent USD) – A graduate student with an interest in the field of finance and/or accounting who meets the eligibility requirements. Proof of student status is required. Student members are not entitled to vote.
Membership fees are annually payable in January every year. IFA membership runs on a calendar year. Therefore, all memberships officially expire on 31 December, and payment of dues is expected by 1 January every year.
We have also introduced life membership for the association effective from January 2018. The life membership fee is fixed at INR 35,000 / equivalent USD.
Membership dues are individual, non-refundable and non-transferable.