Chartered Management Institute Explained

Chartered Management Institute
Abbreviation:CMI
Predecessor:British Institute of Management and the Institution of Industrial Managers
Formation:
Royal Charter gained in 2002
Status:Chartered body
Headquarters:Corby and London,
United Kingdom
Membership:180,000[1]
Owners:-->
Leader Title:President
Leader Name:Fiona Dawson[2]
Leader Title2:Chief Executive
Leader Name2:Ann Francke

The Chartered Management Institute (CMI) is a professional institution for management based in the United Kingdom. It was founded as the British Institute of Management (BIM) in 1947 or 1948, merged with the Institution of Industrial Managers (IIM) in 1992 to form the Institute of Management (IM), and gained a royal charter, and its present name, in 2002.

The major membership classes are:

In addition to supporting its members, the organisation encourages management development, carries out research, produces a wide variety of publications on management interests, and publishes the official members' magazine, Professional Manager. The institute also engages with government and other public bodies concerning policy on management and business related issues. Professional Manager magazine is circulated to over 80,000 members of the CMI.

Chartered Manager (CMgr)

The Chartered Manager process requires candidates to demonstrate how they have developed as a manager and how they have applied their leadership and management skills to achieve significant business impact. Following an application, successful candidate are entitled to use the designatory post-nominal letters of CMgr.

There are two routes to becoming Chartered:[3]

Candidate who have less than 3 years managerial experience might be given the Foundation Chartered status, which requires a management qualification at a degree/non-degree level equivalent to at least CMI Level 3,4 or 5 and/or CMI Level 6 and 7. This grade carries entitlement to use the designatory post-nominal letters of fCMgr.[4]

Criteria and requirements for chartered status in the UK have to be approved by the Privy Council; as such the criteria for Chartered Manager designation are "broadly similar" to chartered statuses in other fields.[5]

History

Timeline

Membership

Obsolete membership grades include Member of the British Institute of Management (MBIM) etc.

Qualifications

General Management and Leadership

Each level follows a format whereby a number of credits gained lead to an Award (which develops basic skills and knowledge appropriate to that level), Certificate (covers a broader area and builds on knowledge gained in the award), and Diploma (where a comprehensive range of skills and knowledge are gained.[11] Qualifications are part of the UK's Regulated Qualifications Framework.[12]

Coaching and Mentoring Awards

The CMI also accredits Coaching and Mentoring qualifications to support the development of coaching and mentoring skills and techniques of individuals, teams and achieve objectives.[13]

N/SVQs

Management and Leadership qualifications can be accessed through accredited centres. When choosing the correct management qualification to study it is important to first choose the correct level of qualification, which will largely be driven by experience and previous study. Level 5 qualification are foundation degree level equivalent and level 7 equates to postgraduate masters level. Once the correct level of qualification has been chosen it is then possible to decide on the size of the qualification.[14]

See also

Notes and References

  1. Web site: Chartered Manager Member. 23 April 2024.
  2. Web site: Board and Committees. Chartered Management Institute. 23 April 2024.
  3. Web site: Get Chartered. Chartered Management Institute. 5 June 2020.
  4. Web site: Foundation Chartered Manager. 22 April 2024. Chartered Management Institute.
  5. Web site: Royal Charters. Privy Council. Why do some individuals call themselves ‘Chartered’?. 5 June 2020.
  6. Web site: https://web.archive.org/web/20020602193312/http://www.managers.org.uk/index2.htm. About the Chartered Management Institute. 2 June 2002.
  7. Book: The History of UK Business and Management Education. 22. 9781849507806. Williams. Allan P. O.. 6 September 2010. Emerald Group.
  8. Book: Labor and Industry in Britain, Volumes 7-8. 1949. 19.
  9. Web site: Interview: Mike Clasper the new President of Chartered Management Institute. AIM News. directorstalk.com. dead. https://web.archive.org/web/20141113074951/http://www.directorstalk.com/interview-mike-clasper-new-president-chartered-management-institute/. 2014-11-13.
  10. http://www.managers.org.uk/management-training-and-qualifications/become-better-manager/cmi-companions/cmi-companions CMI - CMI Companions
  11. http://www.managers.org.uk/training-development-qualifications/personal-development/qualifications/which-qualification-right-for-me%3F Charting all CMI Qualifications
  12. Web site: The Register of Regulated Qualifications - View Organisation : CMI (Chartered Management Institute). ofqual.gov.uk.
  13. http://www.trainingreference.co.uk/news/co091023.htm/ Training Reference (website accessed 02/07/2010
  14. Web site: Management Qualifications | Deciding on the right management qualification - managers.gb.com . 2010-10-10 . dead . https://web.archive.org/web/20100204000558/http://www.managers.gb.com/FAQ%27s/Deciding-on-the-right-management-qualification.html . 2010-02-04 .