What is my membership fee used for and what is the structure of the IBPDA in terms of a financial institution? How is the profit used?
A. Your membership fee is used to finance the ongoing support offered to all of the members of the IBPDA. This includes on site mentoring, course structure review and recommendations for improvement, phone and e-mail counselling and so on. This is a non-profit organisation which means that money accumulated from membership fees has to, by law, be ploughed back into the organisation. There are no fat cat directors at the IBPDA!
Related Questions
- What is my membership fee used for and what is the structure of the IBPDA in terms of a financial institution? How is the profit used?
- How much of the membership fee goes to the support of research and how much is used to support overhead functions?
- Why do Buy-side firms pay a lower membership fee than other firms in the rate structure?