1. CTP Prep – On-Line Course Essential Learning for CTP Candidates Intro Session - 01 D.J. Masson, Ph.D., CTP, Cert-ICM Fall 2012 © 2012 - The Treasury Academy - All Rights Reserved1 The Treasury Academy

2. Session Outline  Introductions  Dispelling Common Misconceptions About the CTP Exam  How ETM is Created & the CTP Exam is Developed © 2012 - The Treasury Academy - All Rights Reserved2

3. Introductions How many of you are corporate practitioners? How many of you are bankers? How many of you are third-party vendors? How many of you have an undergraduate degree in Business? How many of you have an MBA? How many of you have taken the CTP Exam previously (optional) © 2012 - The Treasury Academy - All Rights Reserved3

4. Dispelling Common Misconceptions About the CTP Exam 1 The exam is divided into sections just like Essentials. Being able to pass means I have to be very good at rote memorization. The questions are heavily weighted in favor of corporate practitioners; the questions are heavily weighted in favor of bankers. Having an MBA or a degree in Finance means I can pass with very little preparation. The exam has a large number of calculations; therefore, if I am not good at math, I will never pass. © 2012 - The Treasury Academy - All Rights Reserved4

5. Dispelling Common Misconceptions About the CTP Exam 2 Preparing for the exam requires 6 – 12 months of study. I have to answer each question before I can go to the next question. Once I have responded to a question, I cannot change my answer. The test is designed to test my ability to take a test, not my understanding of Essentials. There will be questions on current topics, not just on the material in Essentials. I have been in the treasury profession for over 20 years; there is very little I haven’t done; the test should be a cake walk. © 2012 - The Treasury Academy - All Rights Reserved5

6. Dispelling Common Misconceptions About the CTP Exam 3 I do not need to study the acronyms or glossary terms in the Appendix of Essentials; acronyms and glossary terms are just there for reference purposes. I do not need to study any material in Essentials related to my own area of subject matter expertise since, as a treasury professional, I perform these tasks on a daily basis. The pass rate (i.e., the “cut” score) is arbitrarily set by AFP. If I miss 5 questions I will not pass because everyone I know who did not pass got a score of 295 – 5 points below the passing score of 300. © 2012 - The Treasury Academy - All Rights Reserved6

7. Dispelling Common Misconceptions About the CTP Exam 4 Are there any other rumors you frequently hear about the CTP Exam that may be misconceptions? © 2012 - The Treasury Academy - All Rights Reserved7

8. CTP Prep Course – Intro-01 End of This Session. The next topic will be How the Essentials of Treasury Management text is Created © 2012 - The Treasury Academy - All Rights Reserved8