Institute of Management Consultants (Singapore)

What Institute of Management Consultants (Singapore) does

The Institute of Management Consultants (Singapore) (IMCS) is a Singapore-registered non-profit professional body founded on 9 October 1992, succeeding the Association of Management Consultants formed in 1986. It serves individual management consultants and the organisations that engage them by issuing two principal certifications: the Registered Management Consultant (RMC), aligned to SS 680:2021 and recognised by Enterprise Singapore, and the Certified Management Consultant (CMC), the international designation conferred under IMCS's full membership in the International Council of Management Consulting Institutes (ICMCI). The RMC credential is a precondition for consultants seeking eligibility under Singapore's Enterprise Development Grant, linking IMCS's franchise directly to government funding flows for SME consulting engagements.

IMCS is accredited as a personnel certification body under ISO/IEC 17024:2012, and its certification infrastructure includes standardised examinations, competency assessments, and a Continuous Professional Development programme requiring 90 hours per three-year cycle. Supporting the certifications are two classroom training products (a 1-day Fast-Track at $700 and a 2-day standard course at $2,000, each with a $250 exam fee), with RMC certification priced at $1,800 per three-year term and recertification at $1,500. Membership tiers (MIMC, CMC, FIMC, FCMC, AIMC, Student) generate recurring dues, and the publicly searchable Member Register and Post an Opportunity service create a two-sided marketplace between certified consultants and prospective clients.

The organisation operates from a single Paya Lebar Square office in Singapore with 13 employees, a volunteer Council elected biennially, and a President (Philip Kee) overseeing committees covering Membership, Branding, International, Academy, and Remuneration. Revenue is generated entirely from certification fees, course and examination fees, and membership dues, with no disclosed funding rounds, M&A activity, or external shareholders. Distribution is direct-to-consumer through the imcs.sg website and event-driven, supplemented by classroom training and the Member Register as the principal demand-generation channels.

Name

Institute of Management Consultants (Singapore)

Legal name

Institute of Management Consultants (Singapore)

Website

https://imcs.sg

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

11–50 employees

Short description

IMCS is a Singapore non-profit professional body that certifies individual management consultants through the Enterprise Singapore-recognised RMC programme and the international CMC designation, supported by training courses, tiered membership, and a searchable consultant directory.

Ownership category

akta.pro rank

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Certification Fees: One-time and recurring certification fees for RMC and CMC credentials. RMC certification costs $1,800 for 3 years including application, assessment, and certification fees. Re-certification costs $1,500 for another 3-year period.
2. Training and Course Fees: Revenue from RMC Management Consulting courses - Fast-Track 1-day course ($700) and standard 2-day course ($2,000), plus examination fees ($250).
3. Membership Fees: Annual membership fees for various membership classes including Ordinary Member (MIMC), Certified Member (CMC), Fellow Member (FIMC), Fellow Certified Member (FCMC), Associate Member (AIMC), and Student Member.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

IMCS is a non-profit professional body that issues two management-consultant credentials — the Enterprise Singapore-recognised Registered Management Consultant (RMC) certification aligned to SS 680:2021, and the ICMCI-accredited Certified Management Consultant (CMC) international certification — supported by classroom training courses, a 90-hour triennium CPD tracking programme, annual membership tiers, and a public Member Register that connects clients with certified consultants.

Product overview

The Institute of Management Consultants (Singapore) operates as a professional certification and membership body offering two main certification programs: the Registered Management Consultant (RMC) certification (Enterprise Singapore-recognised, aligned to SS 680:2021) and the Certified Management Consultant (CMC) certification (international qualification through ICMCI with recognition in 50+ countries). Supporting these are training programs including the 1-day Fast-Track Course and 2-day Management Consulting Course. Additional services include a searchable Member Register directory and Post an Opportunity service connecting clients with certified consultants. The organization also provides membership benefits including networking, resources, and professional development support.

Differentiator

Problem solved

Functional benefit

Products and services

• Registered Management Consultant (RMC) Certification An Enterprise Singapore-recognised personnel certification for management consultants, aligned to SS 680:2021 Specification for Management Consultants (formerly TR 43). Recognises skills, knowledge and competency in management consultancy and promotes professional and ethical conduct. Valid for 3 years with re-certification option; includes application, assessment, and certification fees totalling SGD 1,800 for the 3-year term.
• Certified Management Consultant (CMC) Certification An international professional certification for management consultants accredited by the International Council of Management Consulting Institutes (ICMCI) and awarded by IMCS as a full member of ICMCI. Confirms professional standards in technical competency, ethics, consulting competencies, professional behaviour, client and project management, and personal conduct. Carries reciprocal recognition in 50+ countries including USA and UK.
• RMC Management Consulting Fast-Track Course A 1-day classroom training course developed in compliance with SS 680:2021 to prepare applicants for RMC certification. Covers business of management consulting, ethics, professional conduct, and the consulting process. Priced at SGD 700 plus a SGD 250 written examination fee (total SGD 950), with optional pairing for experienced applicants with 8+ years.
• RMC Management Consulting Course (2-day) A 2-day classroom training course for newcomers in the management consulting industry, delivered in compliance with SS 680:2021. Covers consulting standards, government assistance schemes, and implementation. Priced at SGD 2,000 plus a SGD 250 written examination fee (total SGD 2,250). NTUC members can use Union Training Assistance Programme (UTAP) funding.
• Member Register A publicly searchable directory of IMCS members and certified RMC and CMC consultants, filterable by name, domain area, membership type, and years of experience. Allows prospective clients to verify certification status and source qualified consultants.
• Post an Opportunity A service that allows prospective clients to post consulting project opportunities, which IMCS then routes to relevant certified consultants (RMC/CMC) who may contact the client directly to pursue the engagement.
• IMCS Membership Annual professional membership providing elevated professional status, exclusive benefits, networking opportunities, events access, and resources to help consultants grow their business. Multiple membership classes available including Ordinary Member (MIMC), Certified Member (CMC), Fellow Member (FIMC), Fellow Certified Member (FCMC), Associate Member (AIMC), and Student Member. Non-NTUC members completing a course receive 6-month complimentary membership.

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• International Council of Management Consulting Institutes (ICMCI)coreStrategic or Co-development PartnerIMCS is a full member of ICMCI. Through this membership, CMC-certified consultants have reciprocal recognition in the USA, UK, and 48 other member countries worldwide. Only members of ICMCI can award the CMC qualification. This partnership provides global portability for IMCS-certified professionals.
• Enterprise SingaporecoreStrategic or Co-development PartnerEnterprise Singapore recognizes the RMC (Registered Management Consultant) certification program aligned to SS 680:2021 Specification for Management Consultants. RMC certification qualifies consultants for Enterprise Development Grant (EDG) supported projects.
• NTUC (National Trades Union Congress)minorGTM or Marketing PartnerNTUC members can use the Union Training Assistance Programme (UTAP) funding for RMC Management Consulting courses, making certification more accessible to union members.
• Singapore Business Advisors and Consultants Council (SBACC)minorStrategic or Co-development PartnerHistorical partnership - In January 2012, the PMC Certification Board along with the PMC certification scheme was transferred from IMCS to SBACC, a separate not-for-profit body for business consultants.

Scale indicators3 records

Recent moves7 records

Broad incumbents

• Chartered Management Institute (CMI): UK-based chartered professional body awarding management and leadership credentials (Chartered Manager). Comparable as a larger, more mature professional membership body in the management/consulting space that monetises memberships, certifications, and training at scale.
• International Council of Management Consulting Institutes (ICMCI): The global umbrella body of which IMCS is a full member; ICMCI sets the international CMC standard and reciprocal recognition framework across 50+ countries. Comparable as the supra-national counterpart that governs the credentialing ecosystem IMCS operates within.
• Project Management Institute (PMI): Global professional association offering individual certifications (PMP, CAPM) in a closely adjacent management discipline. Comparable as a much larger, globally scaled individual-credentialing body whose operating model (membership + paid certification + training + local chapters) benchmarks IMCS's monetisation playbook.
• Management Consultancies Association (MCA UK): UK trade association representing the consulting industry, including a member directory and quality standards framework. Comparable as a professional body serving management consultants through membership, standards, and a public-facing consultant directory.

Direct peers

• Singapore Business Advisors and Consultants Council (SBACC): Singapore not-for-profit that absorbed IMCS's PMC certification scheme in 2012 and now runs parallel business consultant credentialing. Directly comparable as a domestic competitor targeting the same Singapore consultant population with overlapping certification services.
• Institute of Management Consultants USA (IMC USA): The US national member institute of ICMCI that administers the CMC credential and its own Certified Management Consultant programme. Directly comparable as a sister national professional body for management consultants with the same ICMCI alignment and CMC awarding authority.
• Institute of Consulting (IC) — part of Chartered Management Institute: UK-based professional body specifically for individual management consultants, offering Chartered Consultant status. Comparable as a direct peer offering individual consultant accreditation, training, and a public member register analogous to IMCS's RMC/CMC.

Others

• Singapore Institute of Directors (SID): Singapore professional body for directors offering accreditation and training. Adjacent peer: a chartered Singapore professional body running a similar member-and-certification model for a different professional cohort (directors rather than management consultants), useful as a domestic operating benchmark.

Regional players

• Institute of Management Consultants of India (IMCI): India's ICMCI member institute that administers CMC certification for Indian management consultants. Comparable as a geographically distinct sister professional body operating the same CMC framework within a different national consulting market.

Emerging players

• Consulting Success / Consulting Tools Co. Commercial training and coaching provider for individual management consultants. Comparable as an adjacent provider monetising consultant training and certification preparation, though operating on a for-profit, digital-first basis rather than as a chartered body.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/imc-spore

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Institute of Management Consultants (Singapore)