KNOW MORE ABOUT ICEN (Institute of Chartered Economists of Nigeria )

The Institute of Chartered Economists of Nigeria was established by the Companies and Allied Matters Act, 1990, had the pioneering statutory rights to regulate the practice of Economics in Nigeria and still has these rights today.
OBJECTIVES
The objectives of the institute are:
a. To provide an organization, National and International in scope and activity for all economists, treasurers, financial officers in both public and private sectors of Nigeria economy.b. To unite all Nigerians holding local and foreign qualifications who are being employed as economists in the public services of the federation, industrial and commercial sectors.c. To ensure a professional status necessary to promote and encourage the study and development of the art and science of economics in public practices, industry, commerce and public sectors.d. To develop from time to time standards in economics and economic matters which will meet both Nigeria and International standards.e. To hold examinations in economics and other subjects relevant to the profession and to issue certificates of merit on the results therefore and to make other awards as desirable.f. To ensure the highest professional standard by admitting to membership, persons who qualified through examinations and who have practical experience.g. To regulate the activities of the members and discipline any member for professional misconduct.h. To hold conferences, workshops, seminars and symposia for discussion on economic matters and duties, presentation of papers, literature, and to issue copies of abridgment of position paper, books, lectures, records and other memoranda.i. To instill a high standard of professional ability by means of regular publication of journals of the institute and to disseminate professional economics knowledge.j. To practice as economists and to advise the government and the private sectors on economic matters.k. To help in regulating and establishing standard prices on essential commodities for the benefits of the public.l. The establishment and maintenance of register of Fellows, Associates, Technicians and Registered students.m. To provide opportunities for contacts between members of the institute or connected thereto professional organisation for chartered economists and to protect their mutual interest.n. To increase, disseminate and promote knowledge, education, training and exchange information and ideas in respect of all questions relating thereto.o. To make it mandatory for all students and graduates of economics to write the professional examination of the Institute in order to acquire higher professional status as chartered economists.Why Becoming a Professional Economists? There is no gainsaying the fact that education is fast becoming an essential commodity that everyone is aspiring to have. High unemployment rate coupled with severe economic crunch often necessitate people at the middle cadre to seek an alternative means of training themselves to acquire more skills while still retaining their jobs. The Institute therefore, serves as a viable option for such category of people because of its capacity to provide them with their professional training needs and at the same time guaranteeing them job security in their work places. Also Economics contributes a great deal towards the performance of managerial duties and responsibilities. Just as Biology contributes to the medical profession, Economics contributes to the managerial profession. All other qualifications being the same. Managers with a working knowledge of Economics can perform their functions more efficiently than those without it. The basic function of the managers of a business firm is to achieve the objective of the firm to the maximum possible extent with the limited resources placed at their disposal. The emphasis here is on the maximization of the objective and limitedness of the resources. Had the resources been unlimited, like sunshine and air, the problem of economizing on resources or resource management would have never been chosen. Resources at the disposal of a firm, whether finance, human or materials, are by all means limited. Therefore, the basic task of the management is to optimize the use of the resources. The Institute, therefore, has the pleasure to welcome you on board to her programmes.Rationale for the Professional Membership The need to truly professionalize 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.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.Membership of the Institute are divided into five (5) categories:(a) Fellows (FCE)(b) Associate (ACE)
(c) Graduate Diploma (ICE, DIP)
(d) Studentship
(e) Economics Executive Scheme (EES)Fellow Membership 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 practiced (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 MembershipThe 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.Graduate DiplomaThis category of membership is awarded to the following category of people:1. University Graduates of economics or related disciplines with a final grade of above average2. Holders of higher academic qualification (M.Sc, MBA, Ph. D) in other specialised fields but with a bias in economic matters.3. Members of other professional bodies such as ICAN, ANAN, ICPAN, CIBN, CIMA, ACEAN, ICCAN.4. An individual with cognate practical experience in economic matters or a related discipline but whose educational qualification is below a University degree (e.g NCE). This is a special case whose acceptance is solely at the discretion of the council.Requirements for Admission to MembershipThe 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 practicing 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, the holder of a Graduate Diploma is expected to sit and pass the Associate Qualifying Professional Examination (PEIII) of the Institute.Student MembershipStudent 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 recognized by the council.

I AM IFECO!!! THE GREAT ASSOCIATE CHARTERED ECONOMIST (ACE). for any infromation on how to register with the institution write me.
ifeco1a_y2k@yahoo.com