What is the general opinion here of the CMC designation as promoted particularly by the IMC? My impression is that there is no academic rigour within the CMC, and the fact that it does not have any graduate level or post-graduate level formal management qualification as a pre-requisite seems to completely debase its value?

Bit of a joke really. When I was in PwC, they used to give you Associate Membership immediately, if you paid £100.Goes to show how much its worth