Routes to Membership

Find the route that works for you

The Institute recognises there are many ways of acquiring knowledge and proving competence which may be proven in different ways. As a consequence IFA provides three flexible routes to membership:

  • By IFA qualification
  • By professional recognition, where recognition is given to other relevant qualifications already held
  • By recognition of prior experience, where workplace experience is evaluated (available in the UK only).

For a breakdown of these options, click on the links below

:

By IFA qualification

IFA provides three qualifications. Dependent upon prior education or experience and where in their career they are individuals may follow one of the following:

  • Level 4 Diploma for Financial Accountants
  • Level 5 Diploma for Financial Managers 
  • Level 5 Diploma for Finance and Business Managers

We will keep you updated as we progress our development of the services available to members.

Progression routes are available from the IFA Level 4 Diploma onto the IFA Level 5 Diploma.

Take a look at our qualifications and view the IFA education brochure. 

By professional recognition

If applying for professional membership based on your existing accounting and finance qualifications please click here and complete the online enquiry form.

As part of your application you are required to provide evidence of having completed an ethics course or training. If you have not previously undertaken ethics training you will be required to undertake and successfully complete the IFA ethics assessment before taking up membership.

Upon receipt, the Membership department can then assess your paperwork and confirm your eligibility into membership.

By recognition of prior experience

Recognising workplace competence and experience, applicants can apply for this route if they have a minimum of five years experience to date in a finance or accounting role and are based in the UK. Please note that applicants via the RPE route, in absence of any other qualifications, will only be able to obtain membership at the Financial Accounting Executive (FAE) level in the first instance. FAE members are not able to obtain a Practising Certificate. However, progression to Associate of the Institute is possible by following either the IFA Level 5 Diploma for SME Finance & Business Managers or the IFA Level 5 Diploma for SME Finance Managers. For more information please contact education@ifa.org.uk

If the RPE route applies to you please download the enquiry form as well as the Initial RPE Membership Pack, complete both forms and return it to the membership team at The Podium, Euston.

As part of your application you are required to provide evidence of having completed an ethics course or training. If you have not previously undertaken ethics training you will be required to undertake and successfully complete the IFA ethics assessment before taking up membership.

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