Did you know that the Bureau of Labor Statistics expects the treasury industry to grow by 1.3% over the next year? In fact, there are currently more than 239,000 treasury professionals in the United States, and nearly 20,000 professionals have passed the Certified Treasury Professional, or CTP, test as of August 2008. Treasury management services, such as financial seminars, can help you become a CTP, and this is beneficial because there are several advantages of being a CTP.
1. Becoming a CTP. Several types of seminars can help you become a Certified Treasury Professional. Investment seminars, risk management seminars, and treasury training seminars, for example, can all contribute to your CTP education. These types of financial conferences inform professionals on how to budget and manage finances safely, and they also teach professionals about the correct amounts of insurance to have in order to properly guard their assets. As a result, becoming a knowledgeable CTP relies on attending the right seminars.
2. Benefits of being a CTP. There are several advantages of pursuing a career in treasury management. CTPs are responsible for maintaining liquidity, judging capital investment decisions, and optimizing cash resources, and this is important because many companies require these services. In fact, the Association for Financial Professionals states that more than 80% of all Fortune 500 companies employ Certified Treasury Professionals. Since CTPs have several essential responsibilities, businesses need them in order to run properly.
The treasury industry is on the rise because of the dire need for proper financial planning. Fortunately, CTPs know how to correctly manage finances, and individuals can become knowledgeable CTPs when they seek assistance from treasury management services, such as financial seminars. By attending said seminars, you have the opportunity to become an educated CTP.