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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.
Until August 2002, the IIM operated as a Special Interest Group through the CMI infrastructure. Given the IIM' s growing need for greater emphasis on its own specialist area of management, and to facilitate a higher profile for Interim Management within industry and commerce, in August 2002, by mutual agreement with the CMI , the IIM pursued an ...
The Institute of Consulting (IC) is the professional body for consultants and business advisers in the United Kingdom.It replaced the former Institute of Business Consulting (IBC) in January 2011, which was itself formed as the merger of two predecessor bodies, the Institute of Management Consultants (IMC) and the Institute of Business Advisors (IBA).
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Industrialisation had led to large scale, complex businesses providing unprecedented challenges in management. Employers needed a new form of in-house accountant to provide, in addition to accounts, better analysis of cost and of operations to inform performance management.
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The institute offers qualifications, training and professional membership. It holds the UK licence to award the Certified Financial Planner (CFP) designation. Amongst the qualifications offered is the Diploma in Capital Markets which covers the areas of securities, investment, compliance, derivatives, corporate finance and operations. [2]