CMI Chartered Manager status will add more value to your managerial career, which will help you reach the next level. This qualification is all about professional recognition, and it is the highest status achieved in the leadership and management profession.

If you achieve the qualification of CMI Chartered Manager, you will be recognized as a manager who possesses outstanding management and leadership skills and commitment to Continuing Professional Development (CPD), showing employers and peers the importance of a professional approach that delivers a striking impact.

CMI, the Chartered Management Institute is backed by its Royal Charter, and it is the only professional organization that can award the Chartered Manager qualification. Let’s move ahead to know its value.

The importance of a Chartered Manager from CMI:

A manager with this status makes an essential economic contribution to the UK economy and businesses. In fast-changing times, it has never been more necessary to make sure that all UK managers are professionally qualified to the highest level.

• £13k average pay increase of a manager due to becoming Chartered
• A manager with this status increases their business revenue by £62k each year and £310k over five years
• £22.4k additional contribution to the UK economy every year from each manager attaining the CMI Chartered Manager status

How to attain Chartership:

Attaining this status involves reflecting on your latest workplace attainments and how influentially you use your managerial skills to provide the company with positive business results.

There is a full and fast-track evaluation process, depending on your level of experience and qualifications. Even if you don’t have any formal management qualifications, you mustn’t worry, CMI will help you become a Chartered Manager by means of your experience alone.

Attaining the status can take as little as a few weeks. So, there are three assessment pathways for Chartership, but here we will tell you about the apprenticeship pathway only.

Apprenticeship:

You can apply for the CMI Apprenticeship pathway if you satisfy the following conditions:

You are completing End Point Assessment by virtue of CMI for one of these apprenticeship standards and have related managerial experience:

Level 5 Operations/Department Manager

Level 6 CMDA

Level SLMDA

There is no kind of registration required. In other words, you don’t need to register for the status of Chartered Manager.

How much does it fetch, and what is involved?

The criteria for the title of Chartered Manager have been built into the CMI assessment at EPA. There is not any extra work and cost for the apprentice.

In other words:

If you complete a CMI qualification with the apprenticeship, chartership will be automatically awarded when you pass your apprenticeship.

If you possess CMI membership support as a part of your EPA package, the Chartered Manager title will automatically be awarded when you pass your apprenticeship.

If you complete EPA only without qualification or membership support:

When you pass your apprenticeship, the authority will allow you to complete a form to claim your relevant status of chartership.