IoD Membership is open to anyone with senior level responsibilities, you do not need to be a registered director or working in a commercial entity to be eligible for membership.
You are eligible to join one of two categories dependent upon your professional experience - Member grade or Associate grade. Regardless of whether you are a Member or Associate you will still be able to access all of our products and services.
The IoD has four grades of membership based primarily on an individual's experience, Associate, Member, Fellow and Student. Associate and Member grades give you an identical package of benefits and services and the membership subscription fees are the same. As a Member of the IoD, you would also be entitled to use the designation MIoD after your name for the duration of your membership. As an Associate member, you may upgrade your membership in line with the criteria below.
Membership of the Institute of Directors is open to those responsible for the strategic direction of an ‘Entity’, being one of the following:
- Incorporated company
- Business unit or association
- Professional or other partnership
- Not-for-profit organisation, charity or trust
- Non-departmental public body
- Local or national government
- Academic or training organisation
- Armed forces organisation
- Similar body whose activities and strategies require direction.
If you do not meet Member criteria you may apply as an Associate.
IoD Director Definition
A member of the body that is responsible for the strategic business direction of an Entity and the implementation of its corporate governance and which makes the decisions that determine its success and integrity and the expression may include: a divisional director where the division is equivalent to an entity of substance; or a leader of an Entity not conducted for commercial purposes.
We will consider applicants where turnover, budget or length of service does not meet Member criteria. It is open to:
- ‘Director’ of an ‘Entity’ or a proprietor of an enterprise which has active operations; or
- Partner in a professional practice or a senior executive or officer of another Entity who reports directly to a member of the body that is responsible for the strategic direction of that Entity and the implementation of its corporate governance.
Full member status can be achieved by a Director who is (or who has been during the past 5 years), responsible for the strategic direction of one or more of the above solvent entities that has (or have in aggregate) an annual minimum turnover or budget of £250,000 and has:
- Held the post of Director for a minimum of three years and been in business for a minimum of seven years; or
- held the post of Director for a minimum of one year, been in business for a minimum of five years and has attended the Institute’s course ‘The Role of the Company Director and the Board’.
Should you feel you qualify for Member grade, please click here to download an Application for Transfer to Member Grade.
Members are invited to become Fellows of the IoD, based on their experience and contribution to business. Recognition is given to members who have attained the IoD's Diploma in Company Direction and those who have become Chartered Directors. To ensure that the prestige and status of Fellowship is maintained, qualification is based on a number of criteria including:
- Have held full Membership for at least one year
- Be (or, at any time in the five years immediately prior to invitation, was) a Director of an Entity whose annual turnover or budget exceeds £10 million or such higher sum as the Board determines. Directors of several entities with accumulative turnover will be taken in to consideration.
- Have been a Director for a minimum of five years
As a Fellow of the IoD, you would be entitled to use the designation FIoD after your name for the duration of your Fellowship. In addition to the prestige of Fellowship and your existing membership benefits, you would also have access to an enhanced package of benefits.
To qualify for admission as a Student Member, an individual must, at the time of application, be studying for a recognised qualification at a University or College, or be in Sixth form, or equivalent, of a British School. Student Membership is available for a term of up to five years during the studying period indicated above and thereafter it may be extended for the first two years of employment. The Executive may extend this term where warranted. IoD Student Members are eligible for only the benefits and products as defined at www.iod.com/studentbenefits.
If you would like to discuss membership grades and fees or require further information, please contact the Membership Team on +44 (0)20 7766 8866.
Membership fees and Discounts
Membership costs £385* for one year with a one-off election fee of £220. Discounts are available if you would like to join for multiple years or if more than one person from your organisation joins at the same time. If you are aged 30 or under there is no election fee.
*Member or Associate membership based in the UK for one year.