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Is an IMC Rating useful to an FI or FI(R)? I know it used to be in the BCPL days but I heard that today an instructor who can teach IMC needs the full IR.
In the pre-JAA days holding an IMC rating was necessary to hold an AFI/FI rating. Nowadays it is not required, but of course limits the weather capability of the FI/FI(R). An IR is not required to teach the IMC an IMC rating being sufficient but the 'Applied Instrument Flying Instruction' restriction has to be removed from the Instructor rating
My only comment on your diary is that the instructor should brief you better before the flight. I got endless NDB holds very early on, which was probably good for revenue.
Particularly as holding forms no part of the IMC test.