Institute of Chartered Economists of Nigeria | ICEN

The need to truly professionalise economics makes it imperative for practising economists to acquire deeper knowledge of the job which they are doing. University graduates who have not been professionally trained and who are either economists or preparing to take up economists appointment will need to be trained as professional economists in order to fit well into the job.

Membership of the Institute are divided into five (5) categories as listed below.
(a) Fellow Chartered Economist(FCE)
(b) Associate Chartered Economist(ACE)
(c) Graduate Diploma (ICE, DIP)
(d) Studentship

Requirement for Admission to Membership

The following persons are qualified for admission as Members of the Institute:
  • (a)Those who hold a valid Chartered Economists Certificate issued by the Institute;
  • (b)Those who have passed an examination in economics and related subjects satisfactory to the Board of Directors and Council at an accredited University or College of Technology;
  • (c)Those who are engaged in the practice of economics as proprietors, partners, or as employees who have been licensed as Chartered Economists for more than two years and are practising in firms enrolled in Institute approved monitoring programmes;
  • (d)Those who have passed the examinations of the approved professional bodies.
  • (e)To qualify as an associate member of the Institute, candiate is expected to sit and pass the Associate Qualifying Professional Examination from (Foundation to PEIII) of the Institute.

    Categories of Membership

    The members of the Institute comprises of:
    (a) Those members who constitute the Institute at the commencement.
    (b) Persons who qualify for admission, shall be admitted under procedures adopted by the Council and Board of Directors.

    Fellow Chartered Economist

    This category of membership is reserved strictly for the founding members and few individuals who have proven ability as renowned professional economists in their various areas of endeavours or specialization.

    Also, at the recommendation and approval of the council, individuals who have offered services of a special nature to the Institute or who have made the Institute proud by way of their constructive and direct useful contribution to National Economic Policy Implementation thereby enhancing the country’s economic growth and development. Furthermore, an associate member of the Institute, having practised (and with evidence of being in practice) can apply after ten (10) years of demonstration of practical ability to the council, for fellowship.

    Such application is subject to ratification and approval of the council must justify the laid down requirements for the award of a fellowship. Holders of the fellowship are entitled to use the abbreviations FCE (Fellow Chartered Economist) after their names.

    Associate Chartered Economist

    The associate membership of the Institute is awarded to:
    a. Candidates who have passed all sections of the professional examinations and have satisfied all other laid down requirements of the Institute for the award of an associate.

    b. After due consideration based on responsibility, experience, education and training by the council, Directors in Ministries and public parastatals, Chief Executives in the private sectors who are professionally inclined to economic matters and related disciplines may be awarded this category of membership.

    c. Professors of Economics and Ph.D holders in Economics.

    The award of this category of membership entitles the holders to use abbreviations ACE (Associate Chartered Economist) after their names. An ACE holder stands a chance of direct entry into any of our universities for an MBA programme.

    Download Registration Form here.
    Complete the form and submit to the nearest coordinating office.

    Student Membership

    Student membership of the Institute is open to anybody who possess any of the following qualifications:
    1. The West African School Certificate (WAEC) with five credits in one or two sittings, with credit in Economics, Mathematics and English Language.
    2. The National Examinations Council Certificate (NECO) as in (1) above.
    3. National Business & Technical Examination Board Certificate as in (1) above.
    4. The Ordinary National Diploma of any accredited Nigerian or overseas polytechnic in any field.
    5. The Higher National Diploma from any accredited polytechnics as in (4) above.
    6. First or second degree certificate of any accredited Nigeria or oversea University.
    7. National Certificate of Education (NCE).
    8. Any other professional Certificate or diploma recognised by the council.
    Download Registration Form here.
    Complete the form and submit to the nearest coordinating office.