Membership Fees
This page details the current fee structures for membership effective 1 April 2010. Joining and subscription fees for the first year are payable at the time of application. Thereafter, renewal payments are due on 01 April annually. Cheques should be made payable to the Chartered Institute for Securities & Investment Ltd and crossed "a/c Payee only". Please note that payment by Direct Debit can be accepted only after one year as a member.
PLEASE NOTE: The joining fee and subscriptions are EXEMPTED FROM VAT and are allowed by the Inland Revenue in the UK for Tax Relief on fees and subscriptions.
CISI Membership Renewal Fees 2010/11
| Grade |
UK |
International |
| FCSI |
£185.00 |
£138.75 |
| MCSI |
£165.00 |
£123.75 |
| ACSI |
£120.00 |
£ 90.00 |
| Student |
£ 50.00 |
£ 25.00 |
| Affilate |
£100.00 |
£ 75.00 |
Please note that the following areas are still classed as 'UK' for membership subscription purposes:
- Channel Islands
- Isle of Man
- Republic of Ireland
Pro-Rata Application Rates & Fees 2010/11
All new applications for CISI membership (except Student applications) are payable on a pro-rata basis, depending on the time of year that the application is made. The reason for using this system is that all members must renew their memberships annually every April 1st, so to bring everyone into line with this, the fee payable is a percent of the full annual fee, dependent on the quarter the application is made. Please see below for details of the current pro-rata rates for all grades.
UK Rates & Fees:
| Grade |
April to June |
July to Sept |
Oct to Dec |
Jan to March |
| Affilate |
£100.00 |
£75.00 |
£50.00 |
£125.00* |
| Student |
£50.00 |
£50.00 |
£50.00 |
£50.00 |
| ACSI |
£120.00 |
£90.00 |
£60.00 |
£150.00* |
| MCSI |
£165.00 |
£123.75 |
£82.50 |
£206.25* |
International Rates & Fees:
| Grade |
April to June |
July to Sept |
Oct to Dec |
Jan to March |
| Affilate |
£75.00 |
£56.25 |
£37.50 |
£93.75* |
| Student |
£25.00 |
£25.00 |
£25.00 |
£25.00 |
| ACSI |
£90.00 |
£67.50 |
£45.00 |
£112.50* |
| MCSI |
£123.75 |
£93.00 |
£62.00 |
£155.00* |
Please note there is no direct route into Fellowship.
*Includes full annual subscription for subsequent year
Now that the S&I Review, our official members' magazine, is available as an online publication, international members have the option to enjoy a further concession on their annual renewals.
Members who are happy to receive the review in its online format only, can renew at the reduced rate of 50% of the full UK fee. This rate only applies to existing international members renewing their annual subscriptions: it is not an option when applying for membership. Those who would rather receive the hard-copy must pay the standard international rate to renew.
Admission and Reinstatement Fees
Admission to ACSI £25.00
Admission to MCSI £50.00
Reinstatement (ACSI, MCSI) £25.00 + full annual fee
Please note there is no joining fee for Students or Affiliates.
Individually Chartered Fees 2010/11
Some members will have the opportunity of becoming individually chartered. Members will have to meet the criteria set by the Board with includes successfully logging CPD on the CISI CPD scheme and passing the IntegirtyMatters test. To find more information, please visit the Individual Charter page.
Please see below for details on the fees for apply to become individually chartered;
ACSI to Chartered MCSI – £75.00
MCSI to Chartered MCSI – £30.00
MCSI to Chartered FCSI – £50.00
Chartered MCSI to Chartered FCSI – £50.00
FCSI to Chartered FCSI – £30.00
Concessionary Fees
The CISI offers a range of concessionary fees for members renewing their annual subscriptions. These are available to any non-Student member who, at the time of renewal, is either;
- On maternity leave
- Unemployed*
- Retired*
The concessionary rate is 50% of the full annual subscription. The CISI has a lifetime membership option for retired members. Any retired (non-Student) member will now have the option of making a one-off payment to obtain life-long membership of the CISI. The fee has been set at 10 times the concessionary rate (or 5 times the full rate) for that category. For more information, please email us.
*The CISI has a strict definition for both "unemployed" and "retired". Anyone who is receiving income may not claim a retired or unemployed concessionary fee.
Concessionary Membership for those who are financially disadvantaged.
A concessionary fee is available for people on low income. This fee is only available for the Affiliate membership grade. The definition of a person on low income is a person, or their partner, receiving either;
- Income Support
- Income-based Jobseeker's Allowance
- Pension Credit / Guarantee Credit
To apply for concessionary Affiliate membership, candidates have to complete the application form and return it with one proof of identity and one proof of entitlement by fax or post to the Membership department.