The dynamic deepening of expertise and professionalism in financial markets in general and capital markets (the bedrock of long term capital formation) in particular. The need for the development of top level professionals equipped with cutting edge skills in financial analysis and innovation led to the establishment of the Institute of Capital Market Analysts under the Companies & Allied Matters Act 1990, CAP . C20 L.F.N. 2004. Approved by the Federal Ministry of Education, its mission is to deepen the knowledge of financial markets among its members
and create a pool of experts that can man various job cadres in the financial services industry in general
and in the capital market sector in particular.

Membership
Membership of the Institute is strictly by examinations and/or the possession of requisite qualifications and experience recognised by the Governing Council of the Institute. Members are recognised by their designation “Associate Capital
Market Analyst” (ACMA) and “Fellow Capital Market
Analysts” (FCMA)
Designations
The ACMA/FCMA

designations are symbols of authority and expertise in financial market analysis and management. These designations clearly demonstrate the possession of core knowledge and skills in financial/capital market operations and analysis. Holders of these designations are certified as possessing the skills and knowledge required to offer professional support and advisory services to financial market operators, regulators and clients as well as occupy responsible positions in the management cadre of financial and allied institutions and regulatory agencies.

Benefits of the ACMA/FCMA qualification include:
· Increased technical knowledge
· Membership of an effective and extensive professionals
· Increase career feasibility and morally as holder can hold diverse position in diverse section of the economy
· Improve job relevance will promote job security
· Increase earnings due to increased relevance and productivity
· Enhanced social/professional status

Membership Application

The Institute invites applications from qualified prospective members for admission as fellows and associates.

Fellowship

To qualify for admission as a Fellow, an applicant must possess:

  1. A minimum of University degree or its equivalent.
  2. A professional qualification in capital market/financial market related field acceptable to the Governing Council of the Institute.
  3. Not less than 10 years’ experience in the top management cadre of a financial institution, financial regulator or financial services market firm.
  4. Any other requirement/qualification as may be laid down from time to time by the Governing Council of the Institute.

Associateship

To qualify for admission as an Associate, an applicant must possess:

  1. A minimum of University degree or its equivalent.
  2. A professional qualification in capital market/financial market related field acceptable to the Governing Council of the Institute.
  3. Not less than 5 years’ experience in the top management cadre of a financial institution, financial regulator or financial services market firm.
  4. Any other requirement/qualification as may be laid down from time to time by the Governing Council of the Institute.

Student Membership

To register as a student, Candidates must possess a minimum of University degree or its equivalent