On the other hand, CertICM is counterpart certification provided by Association of Corporate Treasurers (ACT) that focuses on Europe, MENA region, and even in East Asia (Hong Kong, Singapore, etc). CertICM is called Certified in International Cash Management.
- Exam Name: Certified Treasury Professional® Certification (CTPCert), refer to: http://ctpcert.afponline.org/ctpcandidate/.
- Last syllabus revision: 2014 (4th Edition, latest so far)
- Exam type: Computed aided test (CAT), multiple choices (MCQs)
- Total questions: 170 + 20 unscored questions
- Passing scaled score: 300, however only thing that is revealed when result is printed is “Pass”.
- Time available: 4 hour
- Fee: USD1568.00/- (~AED5770/= USD@3.68AED)
- CTP Exam Fee (Final Rate), they have early-discount rate as well: USD710/-
- Standard International Shipping: USD29/-
- CTP Application Fee: USD186/-
- AFP Associate Membership: USD495/-
- Essentials of Treasury Management, 4th Edition (Member-printed): USD148/-
- Difficulty level: Very high, because of the scope of treasury area; borrowing, lending, forecasting, hedging, risk, etc. Must have basic understanding of industry terms and methods.
- Moreover, Not a lot of material or groups online to help you with. Like there are for Project Management (PMP) Certifications.
- Domain 1: Corporate Treasury Area
- Domain 2: Cash and Liquidity Management
- Domain 3: Working Capital
- Domain 4: Operational Risk Management
- Domain 5: Financial Management (Capital Markets, Funding, Financing)
- The book that you comes when you register for the CTP Application (Treasury Learning Essentials of Treasury Management, 4th Edition
- Investopedia.com (amazing website)
- DuckDuckGo.com (yep, no more google)
- I used a third-party preparation material as well, called TMExam-com. If you have time and interest in the subject, then buy this study-guide. Otherwise, Not-A-Must-Have; can easily live without it.
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