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CTP Frequently Asked Questions: Preparing for the Exam


Q: 

Does the exam fee include a copy of the Essentials of Treasury Management textbook?
    A: No. AFP provides exam candidates with the ability to purchase the study materials which best suit their needs. Should you opt to use the Essentials textbook for studying, you would be required to indicate this choice on your application and remit the additional fees.

Q: 

If I am studying for the exam, should I purchase the AFP Learning System: Treasury or Cash Management Fundamentals?
    A: The Treasury system will include all the exam content areas. As the Cash Management Fundamentals program only covers sections of this content, it would not be an effective exam study tool.

Q: 

What is the difference between the AFP Learning System: Treasury university course and the Corporate Treasury Management (CTM) course?
    A: The Learning System University course is a 36-hour, non-credit course primarily used for CTP exam preparation. The CTM is a credited course, normally taken as part of an undergraduate- or graduate-level finance studies degree program.

Q: 

How many questions are there for each exam topic?
    A: Review the Essentials of Treasury Management, 2nd Edition, Chapter Outline for more information about the number of questions per CTP exam topic.

Q: 

Besides the Learning System and the Essentials textbook, what other study materials/options does AFP offer?
    A: AFP offers a variety of supplemental study options for CTP exam preparation, including:
    • CTP Examination Preparation Guide. This guide includes helpful test-taking techniques as well as 150 sample exam questions. View the preparation guide.
    • CTP Exam Study Network. Exam candidates have the option of listing their name and contact information on the Exam Study Network section of the AFP Web site. View this network or sign-up.
    • AFP Learning System: Treasury University Courses. To supplement the individual learning offered in the self-directed Learning System program, AFP has partnered with several universities to offer this program as part of an instructor-led course. For a current listing of participating universities and information on registering for these programs, please visit the Education section.
    • CTP Exam Review Course at the Annual AFP Conference. AFP will be offering a three-day CTP exam review course at the AFP Annual Conference. View information on registering for this course.
    • Regional AFP/TMA Meetings. Regional associations often offer a CTP review course as part of their conferences. View contact and Web information for these regional associations.

Q: 

What are the advantages of the AFP Learning System: Treasury over the Essentials textbook?
    A: In addition to the text located in the Essentials textbook, the Learning System provides an online program which allows users to assess their knowledge of the exam content areas. Through a system of quizzes, tests and application exercises, users have access to over 700 exam-grade questions that simulate the CTP test environment. Learning System users also have the ability to track their performance and are provided with feedback when answering questions incorrectly. Research has shown that Learning System users have a 20% higher passing rate on the CTP exam.

Q: 

If I purchase the AFP Learning System: Treasury, should I also purchase the Essentials textbook?
    A: No. The AFP Learning System: Treasury includes the text of the Essentials textbook in seven printed modules. Therefore, you would want to purchase either the Learning System or the Essentials textbook, but you do not need both.
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