EACTP exam is on the way!
Work has started on establishing the curriculum in preparation for the launch of the European Association of Certified Turnaround Professionals exam next year.
The EACTP, which has introduced the first European-wide accreditation programme for all turnaround professionals across the continent, is currently allowing applicants with a strong turnaround record to be certified on the basis of their experience.
But this process of entry through demonstrated experience will end within the coming months, and in 2015 all applicants will need to pass examinations.
The EACTP’s Education and Training Committee is working to establish the curriculum in line with global CTP standards and covering the three core turnaround and restructuring disciplines of finance and accounting, turnaround management and law.
The committee will also identify recommended learning platforms and establish a faculty relationship with one or more leading European academic and educational establishments.
Alan Tilley, chair of the ETC, said: “The idea is that the curriculum will define the areas and topics of which the candidates will be expected to have knowledge and in which they will be tested. We will then provide information on recommended courses and a suggested bibliography.
“This will allow candidates to decide their own education programme, which is not only cost-effective, but also means candidates for whom this will be a tertiary quality qualification can determine the pace at which they will undertake the programme and how it relates to their primary professional qualification.
“The examinations can also be sat over a period of time, again allowing flexibility for candidates to adapt their learning with their workplace needs.
“However it goes without saying that anyone who would like to enjoy the benefits of becoming a Certified Turnaround Professional and can demonstrate technical expertise and practical experience in turnaround should apply this year in order to avoid the need to take an exam.”
The current application process asks applicants to provide turnaround case studies and references in which they had substantial and significant influence. All applicants will also be interviewed by a member of the EACTP’s Standards and Admissions committee.
For more information, including how to apply, please see our Apply Now pages.