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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.
The major membership classes are:

Member
Fellow – for those with significant expertise, and
Companion – the most senior grade.
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.
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:

Assessment Route – Available to those who have completed a degree level qualification in management with at least three years managerial experience or for those without degree qualification to have a minimum of five years relevant experience.
Fast Track Route – Available to those who hold at least a CMI Level 5 Diploma with at least three years of relevant managerial experience.
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.

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.