The IAM welcomes anyone to Individual Membership of the Institute.  One of the most valuable benefits of Membership is access to networking with other professionals and discounts to high quality seminars and endorsed events from other providers.

Types of Membership                        Costs of Membership                           Affiliates

Individuals may join simply because they have an interest in Asset Management or to demonstrate competence and have access to Continuing Professional Development if they are actively engaged in the profession. There are competence and experience requirements for some classes of Membership.

There are no criteria for entry to the grade of Associate Member.  Often this will be a suitable category of membership for someone who is not currently eligible either as a Student or as a Member but wishes to take part in IAM activities or take advantage of the benefits and discounts.

Individuals who can demonstrate appropriate competence and experience in Asset Management are eligible for full membership and are entitled to call themselves Members of the Institute of Asset Management and use MIAM after their names. 

The Institute is currently revising its criteria for Membership categories, having developed and published the IAM Competences Framework and we shall progressively move towards formal recognition and assessment of competence and experience against these requirements based on the necessary evidence.  At this stage we shall facilitate transfers to membership based on objective assessment.  Meanwhile some judgment will be exercised by the Membership Committee based on submissions by applicants.

Types of Membership

Individuals can join the IAM as either a Student, Associate or as a Member.  The following table describes the categories of IAM membership and eligibility criteria for these.

Category	Eligibility Criteria	Evidence Requirements
Fellow	Fellows are appointed at the discretion of Council	A Fellow will be someone who has either led the development of thinking and/or practice in the field of Asset Management or made a significant contribution to the development and reputation of the IAM.
Member	A Member of the IAM is someone who has experience in 3  areas of the IAM Competences Framework.	Can demonstrate relevant roles and responsibilities held for at least 12 months.
Associate	It is not necessary to hold any particular qualifications or experience to become an Associate Member.	-
Student	A Student Member of the IAM is someone who is currently in, or recently completed, full or part time education.	Can provide evidence of enrolment and timescales. Student Membership will expire at the end of the membership year following that in which a full or part time educational programme is completed.

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Applicants who do not yet satisfy the eligibility criteria for Member will automatically be offered membership as an Associate.

We understand that many applicants already belong to professional bodies at some level of competence and we offer exceptional value by controlling the price of our subscriptions, particularly to Students. 

Costs of Membership

The costs associated with the various individual membership types are detailed below.  Please note that there is a Prompt Payment Discount (PPD) for paying within the month that your subscription falls due.  Those paying by Direct Debit from a UK bank account also receive Prompt Payment Discount because this saves us considerable administrative expenses.

	Student	Associate	Member
Subscription Fee: Full / Reduced (PPD)	£25/ £10	£70/£50	£95/£75
Joining Fee - waived if employer is a Corporate Member (Academic for Students)	£20	£30	£30
Free copy of Assets magazine	Yes	Yes	Yes
Access to Member-Only pages	Yes	Yes	Yes
Free Delegate place at 2-day Members Conference (excluding food/accom )	Yes	Yes	Yes
Discounted places at IAM’s own events	Yes	Yes	Yes
Discounted places at IAM-endorsed events (external providers)	Yes	Yes	Yes

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Affiliates  

You may join the IAM as an Affiliate free of charge but the benefits are limited. 

The main purpose of Affiliate Membership is to allow access to a few downloads and also some Forum participation. 

JOIN the IAM

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