Frequently asked questions (FAQs)

What are my postnominals? And what do they stand for?

  • Certificated member: GIA(Cert)
  • Associate member: AGIA (Associate of Governance Institute of Australia) and ACIS (Associate of ICSA)
  • Fellow member: FGIA (Fellow of Governance Institute of Australia) and FCIS (Fellow of ICSA)

I am a subscriber and I want to access the members’ only section on the website?

Subscribers do not have access to the member’s-only section on the website.

Can I transfer my subscriber package or my membership to someone else?

No, subscriber package and membership are on an individual basis, not a corporate basis.

Why has the Governance Institute decided to open the membership?

To strengthen our membership and provide our members with a more valuable network — making us a more diverse and inclusive association. As you know, we’re the only association with a sole focus on whole-of-organisation governance and opening up our membership provides us with a wider impact in our mission to drive responsible performance.

How much experience does one need to have if they haven’t completed the Governance Institute education?

Requirements Tier one (Fellow) Tier two (Associate) Tier three(Certificated)
Number of years’ experience in the field 10 or more 6 or more 0 - 5 years
Qualification

Tertiary/Undergrad in relevant field

(BBus, BCom, BEc, LLB, MBA or other courses
Alternatively you may hold a designation which requires similar tertiary qualifications or equivalent study in governance or risk management, such as (but not limited to) RMIA Certified Practising Risk Manager (CPRM) or Certified Chief Risk Officer (CCRO), GRCI Certified Compliance and Risk Professional (CCRP)).

Tertiary/Undergrad in relevant field

(BBus, BCom, BEc, LLB, MBA or other courses
Alternatively you may hold a designation which requires similar tertiary qualifications or equivalent study in governance or risk management, such as (but not limited to) RMIA Certified Practising Risk Manager (CPRM) or Certified Chief Risk Officer (CCRO), GRCI Certified Compliance and Risk Professional (CCRP)).

Industry qualification in governance or risk-related field

(GAICD, RMIA-endorsed Palladin Diploma of Risk Management and Business Continuity, Advanced Diploma of Governance Risk and Compliance, Certificate IV in Risk Management or Diploma in Risk Management, GRCI Certificate IV in Compliance and Risk Management, Graduate Certificate in Risk Management).

Can this change happen without a change to the Charter/Constitution?

Yes, we are expanding our current pathways and not creating any new categories which would need a change to the Charter/Constitution.

Has consultation occurred with members about this change?

Yes. The Board has been working with State Councils and management and this is an element of our strategic plan 2017- 2020 designed to increase our membership.

This will allow us to strengthen our membership and provide you with a more valuable network — making us a more diverse and inclusive association. Opening up our membership provides us with a wider impact in our mission to drive responsible performance and raises the profile of our brand thus giving members greater visibility and respect in the market place.

It will allow us to leverage wider range of experiences on our committees as our membership pool will be broader.

As an existing Associate/Fellow member, does this devalue my membership?

We would like to reaffirm that your education and membership remains the pre-eminent professional qualification in governance and is as valuable today as it was the day you joined. Our postgraduate qualifications are still TEQSA accredited and your AGIA or FGIA postnominals recognise your commitment to governance and risk management excellence.

If you’re a member of The Institute of Chartered Secretaries and Administrators (ICSA), you still have your internationally-recognised postnominals (ACIS and FCIS), your Chartered Secretary designation and membership of ICSA — the premier global qualifying organisation for Chartered Secretaries. Members who join under the new pathways will not hold ICSA membership, the Chartered Secretary designation or the international postnominals of ACIS and FCIS. That exclusivity and demonstrated commitment to your profession remains as strong and relevant as the day you achieved it, giving you elite status within our growing membership.

If I am a current Subscriber or a Certificated member, how can I upgrade under the new scheme?

You need to complete the application form and send it to membership@governanceinstitute.com.au

Your application will be presented to the Board for approval in the upcoming meeting. Credit ($) might be applicable based on your current subscriber package /certificated membership

Will I need to complete the CPD?

Yes, the governance and risk landscape is constantly evolving, presenting new challenges to companies striving for responsible performance. This is why Governance Institute members are required to complete continuing professional development hours over a period of three years, ensuring they are always equipped with the highest standard and most up-to-date knowledge and skills. The CPD hours need to be completed depending on your membership category. For more details, please click on the website page here (link to updated website page).

Why is compulsory CPD important?

A personal CPD program ensures that members’ knowledge and skills are enhanced and maintained in the area of governance and risk management.

CPD plays an important role in:

  • educating members on the latest developments in governance, risk management and compliance
  • keeping members’ skills current
  • reassuring regulators, employers and the wider community that Governance Institute members have the technical knowledge and skills to be effective governance professionals.

What is valid CPD?

Governance Institute considers ‘valid CPD’ as contributing to and/or relevant to your current role and responsibilities (and/or future career progression) as a governance and risk management professional.

I am a chartered secretary in India, can I transfer my membership to Australia?

No. We do not have an agreement between the Institute of Company Secretaries of India and Governance Institute of Australia to allow this.

Calendar

Look at our calendar of events in your state

Member discounts available on events

Membership provides you with the opportunity to network with other people who are doing similar things. There is always something that is not always obvious so it is good to discuss issues. Susan Minto AGIA, Huntley Investment Company Limited


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