The Institute of Directors offer three levels of qualification - the IoD Certificate and Diploma in Company Direction. Passing the Certificate and Diploma exams is a pre-requisite to attaining the highest level - Chartered DIrector. There is a reduced cost "fast-track" route to sitting the exams for people who have obtained an AMBA-accredited MBA in the last 6 years - this route is not open to non AMBA-accredited MBAs - so if you see yourself with a seat in the boardroom make sure your time and money go into an AMBA MBA!