The Nigerian Institute of Management (NIM) was established in 1961 when a general meeting of top managers in Commerce, Industry and Government was convened to discuss the formation of a management Institute in Nigeria. Subsequently, the Nigerian Management Group was formed. The Group was immediately accorded recognition by many international institutions like the British Institute of Management, American Management Association etc. In January, 1964, the Nigerian Management Group changed its name to Nigerian Institute of Management and was duly incorporated under the Nigerian Companies Act , Cap. 37 as a non-profit making company,limited by Guarantee and not having a share capital.
The Nigerian Institute of Management Establishment Act 2003 was enacted as an Act of National Assembly on the 19th of June 2003 establishing the Nigerian Institute of Management as a body corporate under that name and charged pursuant to section 1 (1) (a)-(d) with the general duty of: Determining what standards of knowledge and skill are to be attained by persons seeking to become members of the management profession and raising those standards and skill from time to time as circumstances may permit. Securing in accordance with the provisions of this Act the establishment and maintenance of register of members and publication from time to time of list of those members. Regulating and controlling the profession of management in all its aspects and ramifications and Performing through the Council under this Act the functions conferred on it by this Act.
The regulatory powers of the Institute is truly wide. Before the enactment of the NIM Establishment Act there were other management professional bodies in existence, which were empowered by the statue establishing them to regulate and control their field and branch of management profession in all its aspects and ramifications. These Institutes were empowered to only regulate and control their respective bodies bearing also the appellation of management in their names. This is deliberate, as the National Assembly did not want to empower one management body over the other. The National Assembly however took a different position with the enactment of the NIM Act. It empowered the Institute to regulate and control the whole profession of management (including all these other management bodies charter earlier) in all its aspects and ramifications and to determine the standard of knowledge and qualification to be possessed by anybody who seeks to become member of any field of the management profession in Nigeria. This is the first in Nigeria time a Management Institute has been so empowered to regulate other Management Institute that even received their charter before NIM. I also understand that since the enactment of the NIM Act, National Assembly has refused to charter any other Institute bearing the name Management as a mark of deference to NIM. In view of the new charter status, the Institute is opening windows of opportunities to individuals seeking professional qualifications and those desirous of upgrading their skills and knowledge for advancement and promotion in the public and private sectors by acquiring professional qualifications in management. Presently the Institute offers the following programmes:
- Professional Diploma in Management (PDM). (Duration is two years).
- Post-Graduate Diploma in Management: In collaboration with OAU, Ile-Ife (Duration is 12 months)
- Post Graduate Diploma in Management: In collaboration with University of Ibadan (Duration is 12 months)
The following are the objectives of the courses:
- To help practicing managers or those aspiring to become managers to participate in a correspondence-type-on-the-job course comprising various functional areas of management so that they can become decision makers in their chosen fields, develop as general managers, and act as agents of change.
- To improve managerial effectiveness in organisations and to contribute substantially to the career development of individuals.
- To facilitate better utilization of management graduates in commerce, industry and government.
- To help in speeding up the process of professionalism in Management.
Under the new Charter members of the Institute are expected to possess adequate knowledge and experience as professional managers and to be enrolled in four categories of:
What is adequate knowledge and experience for the professional management at any point in time is to be determined by Council and the standard can be changed by the Council in its wisdom from time to time as you can see by the re-certification course which you are undergoing now in order to exchange your old certificate with new charter certificate. Once Council enrolls a professional manager as a member in any of these membership categories then he is accorded status as such and also to bear appellations after his name recognizing the said membership status. To qualify for enrollment the professional manager applicant must:
- Pass the qualifying examination prescribed by the Council and complete the practical training prescribed by the Institute or;
- Hold any other qualification accepted by the Institute for the time being or;
- Qualifies for enrollment as member in any of the 4 membership categories of the Institute.
In addition to the foregoing he must also satisfy the Council that: He is of good character He has attained the age as prescribed by the By-Laws of the Institute And that he has not been convicted in Nigeria or elsewhere of any offence involving fraud or dishonesty
The Act also provides for enrollment of Professional Managers as Professional Management Practitioners. Professional Management Practitioners are categories of Professional Managers who:
- For consideration of fees and remuneration engages themselves in the practice of management and;
- Render professional service or assistance in or about matters of principles or details relating to management or data or
- Render any other service, which may by the rules or By laws made by the Council designated as service constituting practice as Professional Management Practitioners.
- Satisfy any other requirement stipulated by Council for registration as Professional Management Practitioners.
HONORARY MEMBERSHIP The Act also provides for the Council of the Institute to award honorary membership of the Institute to persons it considers deserving of such honour upon terms and conditions to be prescribed by the Council and approved by the Institute at its General Meeting. AFFILIATE MEMBERS Affiliate members are companies or individuals with functional working relationship with the Institute. CORPORATE MEMBERS Are firms, limited companies, association, institutions and other corporate and or unincorporated bodies that have been admitted into membership of the Institute at the discretion of the Council into the four classes of membership classes A-D. It must be noted however that membership of the Institute by the corporate member does not confer its professional membership on any staff/director of the company or organization. FULL MEMBERS Full members are individuals that have been admitted into full membership of the Institute after staying in associate membership for a minimum of four years and are not less than 35 years of age with a minimum of eight years as head of department or its equivalent. ASSOCIATE MEMBERS Associate members are individuals that have been admitted into associate membership of the Institute after staying in graduate membership for a minimum of five years and are not less than 30 years of age with a minimum of three years as a functional manger or specialist.GRADUATE/STUDENT MEMBERS Are graduates and students registered for training who become conferred with professional managers membership after satisfying the requirement stipulated for such members by the Institute in its Bye-Laws.
To encourage and develop the art and science of good management. To provide facilities for interested persons to meet and discuss managerial practice and problems with a view to improving standard managerial performance in Nigeria. To collect and disseminate information on management subjects. To provide such facilities as may be required by those aspiring to or studying for professional examination in management studies. AFFILIATIONS The Institute co-operates closely with other professional bodies in Nigeria, appropriate governmental departments, universities and other educational institutions concerned with management education; and has close links with overseas professional institutions. Also, founding member, Association of Management Organisations in Africa (AMOA). The Institute is represented on the board of several institutions and government bodies in Nigeria notably: Centre for Management Development(CMD) Agricultural and Rural Management Training Institute (ARMTI) Administrative Staff College of Nigeria (ASCON) National Association of Management Consultants of Nigeria (NAMCON) Nigerian Employers Consultative Association (NECA); and Institute of Management Consultants of Nigeria (IMCON) The Institute is the only Nigerian representative on the Board of World Council of Management (CIOS)
Awards Committee The committee is in charge of selecting members of the institute according to the set criteria, for the various awards in the institute which include: CHRIS ABEBE MEDAL AWARD This award was donated in 1978 by Mr. P. C. Mallins, the first Director of the Institute, to members of the Institute in any grade of membership, who have rendered significant services to the Institute and contributed to its progress and growth. TUYO AWARD This award is for, Nigerian Enterpreneurs who have set up and successfully developed indigenous business, applying mordern science and techniques of management. Receipients need not be members of the Institute MOBOLAJI BANK ANTHONY AWARD The Mobolaji Bank-Anthony Award was inaugurated by Council in June, 1992 to honour our corporate members for their contributions to the Institute through their support for its activities, growth and development. This award is named after Sir Mobolaji Bank – Anthony, the first chairman of the NIM Fund Raising Committee. This award is for corporate members that have contributed meaningfully to the growth and progress of the institute. MANAGEMENT EXCELLENCE AWARD This award is for corporate organizations for best Management practice.