The Doctoral Fellowship of the institute is reserved for the Ph.D holders and other Professors in the relevant disciplines who have acquired reasonable level of practical experience(s) and who have contributed positively towards the development of the aggregate economy and excellent record of performance in advisory capacity or in consultancy. Doctoral fellowship of the institute is the highest in the hierarchy of professional recognition and the holder is entitled to use the abbreviation FRME after his/her name.
This category of membership is reserved mainly for founding members and few prominent individuals in the society who have contributed positively towards the enhancement of economic growth and development and related disciplines as a profession or a person who has been in professional practice for a period of not less than ten (10) years and is reputable for his/her sound and undoubted track records of service and excellent record of performance in advisory capacity or in consultancy. The holder is entitled to use the abbreviation FME after his/her name.
All graduates in relevant disciplines who have genuinely acquired reasonable level of practical experiences and who have been in active practice for a period of not less than four (4) years are eligible to apply for the associate membership of the institute having met other necessary requirements. For capacity enhancement, the institute associate membership examinations are conducted at the end of training programmes. No associate member will be conferred with fellowship status of the institute until success is recorded at the examination conducted for that purpose. Notification of admission as associate member must have been received six (6) months before holder can be eligible for the one (1) week mandatory training. Award of this category of membership entitles the holders to use the abbreviation AME after his/her name.
This category of membership is reserved for corporate entities and institutions in specialized relevant areas that wish to identify with the noble course of the institute by having the capacity of handling managerial economics consultancy.
Fresh graduate in relevant and related disciplines are eligible for membership admission under this category. An individual with modest academic qualifications with long period of practical on-the-job experience of not less than five (5) years is also eligible to apply for graduate membership of the organization. To qualify for associate membership. The holder of graduates membership is mandatorily required to sit for two papers in professional examination. Holder is entitled to use the abbreviation GME after his/her names.
For studentship admission, candidates must possess the following:
1. Five (5) O' level credit passes including English Language and Mathematics from any nationally recognised examination bodies such as SSCE, NECO, NABTEB etc.
2. Good credit or passes at OND.
Holders or awardees are entitled to use the abbreviation S.ME after their names.
Subject-to-subject exemption on application for holders of higher qualification in related and non-related disciplines based on the relevancy and relationship of courses and evidence by an academic transcript from recognized institution of learning attached with a completed application for exemption form attached.
INDUCTION OF MEMBERS
Successful applicants of the institution Direct Membership, or candidates who have sailed through in the institution professional examinations shall be inducted and formerly enlisted into the membership of the institution. The induction programmes comes up four (4) times a year (between January to March), first quarters, (between April to June) second quarter, (between July to September) third quarter, (between October to December) fourth quarter. The induction programmes shall be complimented with a two (2) days seminar.