Membership Categories

Membership Categories

CATEGORIES OF CERTIFICATION

Membership Type Requirements and Eligibility
Senior Fellowship (SFCBA)
  • • Highest grade of membership.
  • • Awarded for superior professional standing and achievement. It is a recognition of achievements within the profession and a definition of your professional status.
  • •Open to candidates with a Degree/HND, 13+ years of experience, and higher qualifications.
  • •Equivalent Fellowship certificate holders are eligible.
  • •Foreign post-graduate Degree holders with 10+ years of experience may be considered.
Fellowship (FCBA)
  • •Open to candidates with a Degree/HND, 10+ years of experience, and higher qualifications.
  • •Fellowship certificate holders from recognized bodies are eligible.
  • •Foreign post-graduate Degree holders with 8+ years of experience may be considered.
Full Membership (MCBA) By Direct Admission:
  • •Awarded to Degree/HND holders with 8+ years of experience or equivalent certificates.
  • •Open to specific professionals, including staff of Ministries and Parastatals level 08 and above, Financial Institutions, etc.
  • •Also available to Senior or Full Members of other professional bodies.
  • • It is also open to Staff of Ministries and Parastatals (level 08 and above), Staff of Financial Institutions, Credit and Pension Administration firms and other related institutions.
  • •Business Managers and Entrepreneurs with 5+ years of business ownership and administration.
Associate (ACBA) By Direct Admission:
  • •Awarded to Degree/HND holders with 5+ years of experience or equivalent professional certificates.
  • • It is also open to Staff of Ministries and Parastatals (level 08 and above), Staff of Financial Institutions, Credit and Pension Administration firms and other related institutions.
  • •Also available to Associate Members of other professional bodies or their equivalents.
  • •Business Managers and Entrepreneurs with 3+ years of business ownership and administration.
By Examination (Future):
  • As soon as the institute puts in place its qualifying professional examination module, the Associate membership grade will only be open to candidates who have passed all the parts of the qualifying examinations and have also satisfied all other requirements as prescribed by the council of the institute. All other qualifications for this grade of membership shall be same as those specified for Direct membership above. But for now, this grade is still open for direct membership and prospective members can take advantage of this window.
Graduate Licentiate (GCBA)
  • •Open to Degree/HND holders with 3+ years of experience or equivalent professional certificates.
  • •Recognizes other professional certificates or diplomas approved by ICBAN.
  • •Candidates with OND/NCE and 6+ years of work experience in relevant fields may be considered.
Membership Fees
Membership Type Registration Fee (N) Certification Fee (N) Total (N)
Senior Fellowship 5,000.00 135,000.00 140,000.00
Fellowship (FCBA) 5,000.00 105,000.00 110,000.00
Full Membership (MCBA) 5,000.00 80,000.00 85,000.00
Associate (ACBA) 5,000.00 55,000.00 60,000.00
Graduate Licentiate (GCBA) 5,000.00 35,000.00 40,000.00
Student Membership 3,000.00 0 3,000.00
MBA SCHEME:
Full Membership (FMBA) 5,000.00 80,000.00 85,000.00
Associate (AMBA) 5,000.00 55,000.00 60,000.00