An individual professional engaged in the main profession of Security, Safety, Fire Prevention and Loss Prevention services or consultancy for a continuous period of over 10 years is considered eligible for grant of Fellowship by the Broad of Governors.

• The individual elected for the grant of Fellowship must posses high degree of professional competence to the satisfaction of the Board of Governors.

• Individuals who have been granted Fellowship may suffix "FISM" after their names as professional qualification.

• The Board of Governors or a committee appointed by the Board of Governors for the purpose, consider grant of honorary Fellowship from time to time, to eminent professionals and retired public servants who have notable contribution towards security profession.

• Fellowship of the Institute is strictly by invitation and not by application. Any two patrons, founders or fellow members (one of whom must be a Governor of the Institute) are required to recommend a fellowship proposal of an individual who has achieved high degree and excellent competence in profession. After clearance by the Board of Governors, the President and Director General will send a formal invitation to the professional concerned for joining the Institute as its Fellow. Plaque of IISSM and Fellowship Certificates is by convention presented during valedictory function of IISSM annual seminars.