If you have ever considered adding a management qualification to your CV, you will most likely have come across the Chartered Management Institute (CMI) and the Institute of Leadership & Management (ILM).
One of the more common questions we are often asked is what is the difference between a CMI or an ILM management qualification? We have broken it all down for you - read on to find out more.
The CMI is a Chartered Institute, whereas ILM is part of the City & Guilds group. But what does that actually mean? CMI is the UK's ONLY chartered professional body for management, meaning it is seen as the 'blue chip' institute, with a more established reputation. It is better known for it's high-end qualifications (so the Level 5 and Level 7), which are equivalent to Foundation and Master degrees, respectively).
The ILM management qualifications have their own advantages though. They are more vocational-focused, and have a more work-based emphasis. And of course with the City & Guilds accreditation, they are more recognised internationally. If you are looking for a supervisory, or first line management qualification, the ILM Level 3 is the perfect choice.
Course content - units
There are also slight differences when it comes to the content within both the CMI and ILM management courses. The main distinction is that ILM units are smaller (worth less credits), so learners need to combine more of them in order to complete the qualification. This actually means that you are able to study a broader range of topics with ILM management courses, and gives you more flexibility when it comes to choosing units.
The CMI units tend to be bigger, and more in-depth as a result. Do bear in mind that they will therefore require slightly longer studying hours!
Benefits of a management qualification
1. Gain professional recognition
Yes, a qualification will enhance your knowledge, understanding and practice of management, but having that 'seal of approval' showcases your commitment to continued professional development.
2. Boost your career earnings
Who wouldn't enrol on a management course, purely for that reason?! Extensive research has found that by completing a professional qualification, you could earn an additional £152,000 throughout your career.
Don't forget that by enrolling on one of these courses, you will automatically be a member of the given awarding body too. Opening up doors for career progression within the management community.
3. Raise your confidence & competence
Having this additional qualification and knowledge will make you better equipped to deal with daily management challenges, competently. Improving your effectiveness at managing people will help raise your status within your organisation too.
4. Improve your management skills
This is a given, but still equally as important. By learning new techniques and strategies for management and leadership, you will perform better and become more effective in your role.
We hope you found this guide useful, but if you have any further questions please do contact our team on firstname.lastname@example.org, or give us a ring on +44(0)1472 240112.