The Chartered Institute of Management Accountants (CIMA) added 29,000 students and more than 5,700 qualified members to the institute in 2012, bringing its total membership number to more than 200,000.
CIMA said membership saw record growth in developing markets, specifically Poland, Russia, Ukraine, also Bangladesh and Nigeria as well as in the UK and Sri Lanka.
"We have once again seen exceptional growth figures as ambitious school leavers, graduates and professionals identify CIMA as the global qualification, which will best support their career ambitions," CIMA managing director Andrew Harding said.
Related to the CIMA joint venture with the American Institute of Certified Public Accountants Harding added: "We established the CGMA designation last year in response to a need for skilled people who can bridge the gap between business, strategy and finance and a global designation to recognise their abilities."
"We are very proud to now have more than 129,000 CGMA business experts, who are guiding critical business decisions at the world’s top organisations," Harding said.