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Path to Certification

The Turnaround Management Association has revamped the process in which professionals receive their CTP or CTA, making the path to certification much more streamlined. View the certification timeline for more information.

CTA Applicant Portfolio

CTP Applicant Portfolio

CTP Industry Veteran Applicant Portfolio

  • If you have 12 or more years of experience within the industry including five or more years at a senior leadership position, the Certification Exam requirement is waived.
  • For more information regarding the CTP Industry Veteran Program, please follow the link here.

Application Portfolios are considered complete when all above documents are received by TMA. Applicants CANNOT take an examination until they have submitted their Application for Certification form and $295 application fee.

Submit all portfolio materials and fees to:

Turnaround Management Association
Attention: Certification
150 North Wacker Drive, Suite 1900
Chicago, IL 60606
Fax: 312-578-8336 or E-mail: certification@turnaround.org

Education Requirements

CTP and CTA applicants must possess a bachelor’s degree from an accredited college or university.

Experience Requirements (CTPs only)

CTP applicants must possess four or more years of turnaround leadership experience. In their roles, candidates should have C-level experience (as a CFO, COO, or CRO) or equivalent leading the turnaround of companies suffering financial distress or in a financial crisis. Only experience within 15 years of the application date may qualify.

The candidate must have substantial, demonstrated experience in the financial, legal, and managerial components of a turnaround as well as all aspects of strategic evaluation and planning, crisis management, and business reconfiguration or liquidation, which includes managing cash in crisis situations, negotiating with creditors and vendors, and knowledge of the various aspects of bankruptcy and corporate law as they relate to corporate renewal.

Note: Applicants who are working in the corporate renewal profession and have acquired some, but not all of the necessary work experience are encouraged to pursue the CTA certification. This interim step to full certification indicates that the candidate has demonstrated proficiency in the legal, managerial, and financial aspects of a turnaround, and is concurrently working toward the CTP designation.

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