If you are planning to become a certified treasury professional, then the Association for Financial Professionals (AFP) CTP exam is the right place to start. Passing this exam will not only boost your career as a treasury professional, but it will also earn you an internationally recognized certification that demonstrates your expertise in treasury management. This exam is designed to test your knowledge and understanding of treasury management and related fields. In this guide, we will provide you with everything you need to know to prepare for and pass your AFP CTP exam.
Exam Objectives:
The AFP CTP exam is divided into five major sections, each covering different topics related to treasury management:
- Liquidity and Cash Management
- Funding and Capital Structure
- Financial Risk Management
- Investment and Asset Management
- Treasury Management and Operations
The exam objectives include demonstrating knowledge of:
- Financial policies and procedures
- Cash management techniques
- Corporate finance principles
- Foreign exchange and interest rate risk management
- Investment analysis and management
- Treasury operations management
Exam Details:
The AFP CTP exam is a computer-based test that consists of 170 multiple-choice questions. You have three hours to complete the exam, and the passing score is 70%. The exam is delivered through Prometric testing centers located throughout the world. The cost of the exam is $695 for AFP members and $895 for non-members.
Who Should Take the Exam?
The CTP exam is intended for individuals who are involved in treasury management or related fields, including corporate finance, banking, consulting, and accounting. This exam is designed to test your knowledge and understanding of treasury management and related fields. It is an excellent certification for treasury and finance professionals who want to demonstrate their knowledge and understanding of treasury management and enhance their career prospects.
Prerequisites and Qualifications:
To take the CTP exam, you must have at least two years of professional experience in treasury management or a related field. However, you can take the exam before completing the two-year requirement. It is also recommended that you have a bachelor's degree in business, finance, or a related field.
Related Books:
There are many books available to help you prepare for the CTP exam. Here are some recommended books:
- "Treasury Management: The Practitioner's Guide" by Steven Bragg
- "Corporate Finance" by Jonathan Berk and Peter DeMarzo
- "Cash Management Handbook" by John Wiley and Sons
- "Investments" by Zvi Bodie, Alex Kane, and Alan J. Marcus
- "Essentials of Treasury Management" by Mark K. Webster
- "Financial Risk Management: A Practitioner's Guide to Managing Market and Credit Risk" by Steve L. Allen
These books cover a wide range of topics related to treasury management and can help you prepare for the exam. However, you should also review the official exam content outline provided by the AFP to ensure that you are covering all the topics that will be covered on the exam.