What is Honorary Fellowship of AAFM®?

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An Honorary Fellowship is the highest accolade presented by the American Academy of Financial Management® USA (AAFM® USA)to reflect an individual’s exceptional services to Finance.

Our community of Honorary Fellows have contributed to the advancement of Finance Field through a range of means and serve as ambassadors for finance, financial profession, AAFM® and the financial services.

AAFM® Finance Fellowship is highly prized Internationally.

Fellowship carries the designatory letters FAAFM®(HON.), (Honorary Fellow of American Academy of Financial Management® USA).

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AAFM® Fellowships are awarded by the AAFM® Board of Standards USA to those who have made a significant positive contribution to both the FinanceProfession and to the AAFM®.

Honorary Fellows that are successful in their nomination typically display some or all of the following attributes:

  • Renowned for sustained research achievement of international significance.
  • Distinguished contributors to the welfare of finance through government/political service.
  • Prominent captains of industry that have a strong finance base (harnessing finance-based innovation or finance professionals in the workforce).
  • Recognized leaders in finance (and particularly financial services) education and public outreach.
  • Outstanding trainers contributing to finance in secondary schools, further education and higher education, national research facilities, business and teams.
  • Well known supporters of internationally significant finance based programs.

We encourage nominations that reflect the diversity of finance and are representative of our community as a whole.

The concept behind the AAFM® Fellowship is to offer Fellows added status to their professional standing, opportunities to enhance/expand their professional contacts, demonstrate outstanding achievements in their fields and discover new ways of thinking and collaboration.

It also provides opportunities to work on a voluntary basis, collaborate with other influential groups, including notable policy makers, and continue to promote their reputation as industry professionals in a wide range of Financial Services specialties.

By achieving the AAFM® Certification, you have already demonstrated a high level of commitment, but the Fellowship shows that you have taken this commitment one step further. Acquiring the FAAFM® designation will further demonstrate your knowledge, experience and professionalism to the world.

Who can become an Honorary Fellow of AAFM®?

To become a Fellow, you must meet all the following requirements:

  • Have been employed (or self-employed) in financial services industry for at least 10 years
  • Contribution and achievement in the wider Financial Services Industry (a brief summary of relevant activities is normally sufficient).
  • The application must be verified by a current Member of the AAFM®. The sponsoring AAFM® Member will be expected to confirm that the work in the wider Financial Services industry is consistent with the requirements and of a suitable standard for a prospective Fellow of the AAFM®.

Contribution and achievement in the wider Financial Services Industry

This can be achieved through work with AAFM® or elsewhere and some examples are shown below. The list is not exhaustive but is intended as a guide on what is necessary to achieve a successful application for Fellowship.

Working with the AAFM® – examples of this could be:

  • Provide support to the AAFM® in terms of examination setting or marking.
  • Mentoring Student Members for AAFM® examinations for a minimum period of two years.
  • Presenting and/or leading discussions at AAFM® events.
  • Contributing articles for Financial Services Industry .

Working for the Financial Services Industry – examples of this could be:

  • Publication of a portfolio of work or authoring a published book in the area of Financial Services.
  • Presenting at non-AAFM® public events on key issues relating to the financial services industry. A summary of the key themes of the event, the main points of the presentation and professional standing of the audience (e.g. 'audience consisted of …………………… type) must be provided.
  • Statement of unique contribution to Financial Services Industry. A summary of key achievements, processes, tools developed, type of clients serviced must be provided.
  • Leadership of online forums on subjects relating to Financial Services Industry
  • Making significant contributions to government policy initiatives in Financial Services or Financial Literacy. A Summary of key achievements to be provided.

The Fellowship Applicant need to provide a “Major Achievement Statement” highlighting the above.

Apply for AAFM® Fellowship


Apply For AAFM® Fellowship

Supporting documentation, Can be Uploaded/ Emailed/Couriered

Fees for Honorary AAFM® Fellowship

Election Fees (One Time) : 200 USD

Annual Subscription : 100 USD

Lifetime Fellowship : 2000 USD

How Can I Continue My Fellowship Of AAFM®?

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Continuing Your AAFM® Fellowship

Your Fellowship is valid for 1 year from the Date of Issue of the Fellowship Certificate and can be renewed yearly by completing the CPD Criteria of AAFM® and paying the annual subscription.

A Fellow is allowed a grace of 30 Days to renew his fellowship from the date of expiry in case a Fellow wants to renew his fellowship post 30 days of expiry they can renew it by paying the Election Fees along with the Annual Subscription.

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Professional Code of Ethics

On joining the AAFM®, all members agree to adhere to the Professional Code of Ethics.

Membership of AAFM® is a privilege. The disciplines and standards of behavior expected of members must uphold the reputation of the profession and the Academy. This reputation could easily be marred by the shortcomings of a few members. The interests of employers and customers of those members whose business is that of offering advice or providing services must also be protected. The AAFM® Board therefore believes that members will adhere to utmost ethical behavior in matters of a professional nature and issues ofProfessional Code of Ethics which represents those standard which can be expected to be the minimum necessary to uphold the professional integrity of members.

Full Details of Professional Code of Ethics.


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