CTP Full Form - Eligibility, Exam Process, Benefits
The full form of CTP is Certified Treasury Professional. It is a certification exam taken by finance professionals to boost their careers. The CTP exam is based on concepts and experiences in relation to treasury management. This certification exam comprises of total 170 questions and candidates are given a time of 4 hours to complete the exam. The exam is conducted by Association of Financial Professionals (AFP). CTP certification is very beneficial for professionals looking for better opportunities, better pay and increased professional reputation. Read the complete article to get detailed information about CTP full form, CTP exam, CTP eligibility and other relevant information.
CTP Overview
Particulars | Details |
Full form of CTP | Certified Treasury Professional |
Conducting body | Association of Financial Professionals |
Frequency of conduct | Twice a year |
Validity of certification | Three Years |
Number of questions | 170 questions |
What is CTP?
The full form of CTP is Certified Treasury Professional. The certification is a proof of one's skill and expertise in the field of treasury management. It is a globally accepted certification that is conferred by the Association of Financial Professionals. Earning a CTP certification can open the doors to better opportunities in well known companies with a better pay.
CTP Eligibility Criteria
Professionals considering to take the CTP exam must fulfill the eligibility criteria specified by the authorities. The CTP exam eligibility criteria has been specified by AFP. Candidates are required to have a specified amount of work experience in the field of finance and accounting. The detailed eligibility criteria of CTP certification has been given below:
CTP Eligibility Criteria
Eligibility Category | Work Experience (full time) | Education (Graduate or Masters degree in business, finance or accountancy) | Teaching Experience (Full time college or university teaching experience in a finance subject) |
A | Minimum 2 years | None | None |
B | Minimum 1 year | Completed | None |
C | Minimum 1 year | None | 2 years |
D | None | Completed | 2 years |
E | None | None | 4 years |
Also, check - NISM full form
CTP Exam Process
Candidates will be first required to meet the eligiblity requirements of CTP specified by the authorities.
Next, review the Certification Candidate Handbook. This handbook contains all the rules and regulations, details of certification process and other required information.
Now candidates can move on the registration process of CPT exam. Candidates will have to apply for the exam and select a testing window.
Next, candidates will have to prepare a study plan for the CTP exam. Candidates can take help of the preparation material made available by AFP.
Also, check - CPA Full form
Benefits of CTP Certification
The Certified Treasury Professional (CTP) certification is a globally recognized certification for treasury and finance professionals. Here are some of the benefits of obtaining a CTP certification:
Enhanced Professional Credibility: The CTP certification is a mark of professional excellence and demonstrates a high level of knowledge, skills, and expertise in the field of treasury and finance. It enhances the professional credibility of the holder and can lead to better job opportunities and career growth.
Knowledge and Skills: The CTP certification program covers a wide range of topics related to treasury and finance, including cash and treasury management, risk management, financial analysis, and corporate finance. The program provides in-depth knowledge and skills that can be applied in real-world situations.
Competitive Advantage: The CTP certification is highly valued by employers and can provide a competitive advantage in the job market. It distinguishes the holder from other candidates and demonstrates a commitment to professional development.
Networking Opportunities: The CTP certification program provides opportunities to network with other treasury and finance professionals. It allows the holder to connect with peers, exchange ideas, and stay up-to-date with the latest industry trends and best practices.
Salary Increase: According to the Association for Financial Professionals (AFP), the average salary of CTP holders is 16% higher than that of non-certified professionals. The certification can lead to higher salaries, better benefits, and improved job security.
Overall, obtaining a CTP certification can provide numerous benefits to treasury and finance professionals, including enhanced professional credibility, knowledge and skills, competitive advantage, networking opportunities, and salary increase.
Also, check - FCA Full Form
Frequently Asked Question (FAQs)
The full form of CTP is Certified Treasury Professional.
The CTP exam is conducted by Association of Financial Professionals.
The CTP exam is conducted twice a year.
CTP certificate is valid for three years.
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