Classifications Of Membership

The Association has established six classifications of individual membership.
 

1. Practitioner Membership is granted to those who have demonstrated through education, experience, and/or other criteria that they meet the qualifications to apply for the designation of Corporate Finance Valuator (CFV), Quantitative Finance Valuator (QFV), Financial and Economic Modelist (FEM), Market Risk Actuary (MRA), Credit Risk Actuary (CRA), Operational Risk Actuary (ORA), Investment Risk Actuary (IRA), Life Risk Actuary (LRA), or Pensions Risk Actuary (PRA). Practitioner Membership carries with it all the rights, privileges, and benefits offered by the Association, and is required for those holding active designations.

Membership Cost:     $495.00

Membership Length: 12 month(s)

 

2. Professional Membership is extended to those individuals who may not qualify for, or do not desire or intend to pursue certification. However, they recognize the value of membership and ideals of the Association and, as such, wish to show their support by joining. Professional members have the same rights, privileges, and benefits as Practitioner members. Professional members may not use the Association’s appellations.

Membership Cost:     $225.00

Membership Length: 12 month(s)

 

3. Associate Membership is designed for individuals who fall into the category of Professional Membership (as described above) as well as the staff of our Practitioner and Professional members. Associate members receive the same benefits as Practitioner and Professional members (described above), except for the ability to become certified or receive hard copies of Association subscription publications. Associate Membership is open to anyone interested in the ideals of the Association and who wants to take advantage of discounts on training and numerous products and services.

Membership Cost:     $135.00

Membership Length: 12 month(s)

 

4. Academic Membership is offered to academicians employed full-time by a college or university and desirous of the services and privileges of Association membership. Academic members recognize the important contributions the Association is making in the valuation and financial forensic sciences and want to show their support through membership and contributions of intellectual capital. Academic members enjoy all Association benefits and can apply for any of IAVFA’s certifications as long as they meet its requirements.

Membership Cost:     $225.00

Membership Length: 12 month(s)

 

5. Student Membership is open to anyone who is enrolled full-time at an accredited college or university. This level of membership carries with it all the benefits of Associate membership except for the ability to become certified by the Association. The term for which one can be a Student member is limited to four years.

Membership Cost:     $135.00

Membership Length: 12 month(s)

 

All individuals who become members of IAVFA must comply with IAVFA’s code of conduct, regardless of their certification status.

 

IAVFA Membership Application (PDF)

 

The Israel Association of Valuators and Financial Actuaries (IAVFA) is a professional organization, an institution for professional training and a body which specializes in placing professional employees in the financial sector in Israel. IAVFA strives to voluntarily regulate the professions of valuation and financial actuarial science in Israel, both by setting pre-qualification requirements, ethical principles for practitioners in these professions, and by training and certifying quality professionals for these professions. IAVFA provides both placement services in order to integrate its credentialed members in leading positions within the Israeli labor market, and mediation services between valuation consumers and valuation specialists.

© 2014–2015 by Israel Association of Valuators and Financial Actuaries (IAVFA). All Rights Reserved.

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