Applicants

Welcome to the beginning of this important phase of your career.

Why Is Certification Important?

The Certified Turnaround Professional (CTP) designation provides evidence of an individual’s commitment to the turnaround and corporate renewal industry and also attests to a level of expertise that non-certified professionals may find it difficult to prove. Completing the CTP certification process provides a corporate renewal professional with a solid foundation to operate successfully in the industry and could very well enhance future earning power.

In fact, the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (S. 256) makes certification more important than ever. Section 415 directs courts to consider whether a professional person is certified or has otherwise demonstrated skill and experience in the bankruptcy field. This amendment makes certification a specific factor in the award of compensation to professionals.

Why Pursue CTP?

  • Demonstrate your commitment, competency, and expertise in the corporate renewal industry
  • Learn more about turnaround strategy, both in and out of court
  • Raise your stature in the corporate renewal industry and gain a competitive edge
  • Sharpen your skills through interactive teaching sessions taught by academics and industry experts
  • Promote the professionalism of the turnaround and corporate renewal industry

Who Can Become a CTP?

The certification is available to the following individuals with business experience who are part of the corporate renewal profession. They include:

  • Turnaround practitioners
  • Workout lenders
  • Portfolio managers
  • Corporate turnaround executives
  • Industry veterans who have significantly contributed to the turnaround and corporate renewal industry and have demonstrated through their practice a high degree of technical and practical knowledge
  • Retiring professionals who want to maintain their CTP designation by becoming a CTP Emeritus
  • Those who have passed the three-part examination but have not yet fulfilled the work experience requirement and want to become CTP-Designate (CTP-D)
  • Those who have obtained the CIRA designation from the Association of Insolvency and Restructuring Advisors (AIRA) and want to take advantage of the waiver granted for the CTP Accounting and Finance examination.