Membership Fees

Please find below the fee structure for membership. Joining and subscription fees for the first year are payable at the time of application. Thereafter, renewal payments are due on 1 April annually.

Cheques should be made payable to the Chartered Institute for Securities & Investment Ltd and crossed "a/c Payee only".

New Application Rates

All new membership applications, with the exception of Student applications, are payable on a pro-rata basis, depending on the time of year that the application is made. Please see below for details of the current pro-rata rates for all grades. Please note there is no direct route into Fellowship.

Grade Application period
April to June
Application period
July to Sept
Application period
Oct to Dec
Application period
Jan to March **
Joining Fee
MCSI + £180.00 £135.00 £90.00 £225.00 £50
ACSI £130.00 £97.50 £65.00 £162.50 £25
Affiliate £130.00 £97.50 £65.00 £162.50 £25

+ There is an additional £50.00 fee for Members who would like to apply for the CERTIFIED FINANCIAL PLANNERTM professional designation.
** Your Membership year will run until March 31 the following year.

All new members are required to complete and pass an integrity test prior to joining the Institute, or within the first three months of association with the CISI. Find out more

Membership Upgrades

Student members upgrading to Associate (ACSI) or Full (MCSI) will need to complete a new membership application form. The fees will include the joining fee plus the subscription fee. Pro-rata fees will apply. View the New Application tab for summary of pro-rata fees.

Current grade of membership New grade of membership Upgrade Cost
Affiliate * ACSI £50.00
Affiliate ** MCSI £100.00
ACSI ** MCSI £100.00
ACSI Chartered MCSI £80.00
MCSI Chartered MCSI £30.00
MCSI Chartered FCSI £50.00
Chartered MCSI Chartered FCSI £50.00
FCSI Chartered FCSI £30.00

* Affiliate members who have obtained a CISI level 3 or 4 qualification, or an external qualification that qualifies them for Associate membership can apply to upgrade their membership. The fee will include the upgrade fee of £50 plus the difference between the membership subscription fees. No pro-rata fees apply.

** Existing Associate and Affiliate members who have obtained a CISI level 6 or 7 qualification, or an external qualification that qualifies them for full membership can apply to upgrade their membership. The fee will include the upgrade fee of £50 plus the difference between the membership subscription fees. No pro-rata fees apply.

Renewal Fees

Grade Membership Fee Concessionary Rate
Chartered FCSI / FCSI + £200.00 £100.00
Chartered MCSI / MCSI + £180.00 £90.00
ACSI £130.00 £65.00
Affiliate £130.00 £65.00
Student £55.00 NA

+ There is an additional £50.00 fee for Members who currently hold the CERTIFIED FINANCIAL PLANNERCM professional designation. 

Please note - Fellow, Chartered Fellows and Chartered Members of the Institute who do not renew their membership, will need to note, that should they wish to reinstate their membership in the future, they will only be able to reinstate as a MCSI.

The CISI has a wide range of online services so the international rate is the same as the UK rate. A discount of 25% off full price is only offered to those members based in India, Sri Lanka and Pakistan and a discount of 50% off full price is only offered to those members based in Thailand, Vietnam, Philippines, Indonesia and Myanmar.

*Concessionary Rates - 50% reduction on the Standard Rate for members who are Retired, Unemployed or On Maternity Leave. Please email billing@cisi.org to claim concessionary rates.

Reinstatement Adminstration Fee - From 31 July 2014, payment of overdue renewal subscription may incur an additional reinstatement administration fee of £25.

Reinstatement

Members whose subscriptions have lapsed will be able to reinstate their current year's membership at the cost of the full annual fee for that membership year plus a £50 administration fee. Members can reinstate their membership within three years of it lapsing, after that, they will need to re-apply for membership.

Fellow, Chartered Fellows and Chartered Members of the Institute who do not renew their membership, will need to note, that should they wish to reinstate their membership in the future, they will only be able to reinstate as a MCSI.

Reinstatement at grade Subscription Admin fee Total
ACSI £130.00 £50.00 £180.00
MCSI £180.00 £50.00 £230.00

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 strict definition for both "unemployed" and "retired". Anyone who is receiving income may not claim a retired or unemployed concessionary fee. Please email billing@cisi.org to claim concessionary rates.

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 to us.

Life Time Membership Option - Retired Members Only

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 five times the full rate) for that category. For more information please contact us.

Tax Relief

As the CISI is a professional body and membership is relevant to the job you do, membership and joining fees qualify for tax relief.

Therefore you can include this on your annual tax return as an allowable expense and this will reduce your final tax bill by a percentage of the fee. If your employer pays your fees then they would be entitled to show this as an allowable expense, but then you cannot also claim the cost on you own tax return.

SPS

New applications
Application Type Price
Member – if paid for in advance with a membership subscription.  £35
Member - if paid for at application.  £45
Non-member who is an employee of  a CISI Corporate Supporter.
(Members of the CISI who work for Corporate Supporters will be eligible for member rates detailed above.)
£125


Renewal applications
Application Type Price
Member – paying for SPS in advance with a membership subscription. £20
Member - paying for SPS at application. £30
Non-member who is an Employee of a CISI Corporate Supporter. (Members of the CISI who work for Corporate Supporters will be eligible for member rates detailed above.) £125

Due to a recent change in interpretation of guidance on VAT from HRMC, we are no longer required to charge VAT on SPS fees