The first step to becoming a fully accredited Certified Turnaround Professional (CTP)
Join a community of highly regarded, highly knowledgeable turnaround professionals.
The Certified Turnaround Analyst (CTA) accreditation is designed to give aspiring and experienced turnaround professionals across Europe the knowledge and competence to carry out or work on turnaround and restructuring appointments.
Delivered by the European Association of Certified Turnaround Professionals (EACTP), in partnership with TMA Europe, TMA Global and Leiden University, this is the only European-wide accreditation programme and is recognised as the gold standard for turnaround professionals.
Undertaking this course, and attaining Certified Turnaround Analyst (CTA) accreditation, is an essential first step in your journey to becoming a fully accredited Certified Turnaround Professional (CTP) and member of the EACTP.
On completion of this programme, you’ll walk away with:
CTA Course Curriculum
Over the duration of the Certified Turnaround Analyst Online Learning Programme, you’ll work your way through three modules, each of which focuses on a different pillar of competency. Each module – called a Body of Knowledge (BOK) – has been developed by experienced TMA Global and EACTP professionals, European restructuring lawyers and Leiden University academic staff.
Module 1: Accounting & Finance
Module 2: Legal Principles
Module 3: Management
The study programme is self-managed with an exam at the end of each module. Applicants are required to complete all three online examinations within a two-year window that starts upon registration for the first module in the series, Accounting & Finance.
On passing the three exams, and completing an application process, you will become a Certified Turnaround Analyst (CTA), member of the EACTP and will receive an official certificate from the EACTP and Leiden University.
With Certified Turnaround Analyst (CTA) accreditation, you will then be able to advance to full Certified Turnaround Professional (CTP) accreditation status.
Who is the course for?
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The CTP Accreditation Sets You Apart
As part of TMA Europe and TMA Global, the EACTP’s Certified Turnaround Analyst (CTA) and Certified Turnaround Professional (CTP) accreditations provide an industry-standard ‘kitemark’ of quality in the practice of turnaround and restructuring.
As a Certified Turnaround Analyst (CTA) you show that you have the knowledge and competence to carry out or work on turnaround and restructuring appointments.
As a Certified Turnaround Professional (CTP) you show you have applied your knowledge in multiple leadership roles assisting financially distressed companies through turnarounds, restructuring, and/or bankruptcy processes.
What does CTP mean to you?
“Turnaround is about taking the right action within a very short time period. The CTA programme helps you connect the dots and makes you aware of the key elements that you need to focus on for what matters most.”
Director – Be Rescued (Business) Consulting Ltd, Norfolk, UK
“Every journey, even the longest one, starts with a first step. Without this step, no accomplishment can be expected. A career in Turnaround can be extremely self-rewarding but also considerably demanding. The CTA programme helps you to cope with the demanding part.”
Partner – Veltis Consultants Ltd, London, UK
“The certification has had a significant impact on my career as a turnaround professional. In addition to the knowledge and skills I learnt on the course, since joining the EACTP community I have built up an invaluable network of turnaround professionals all over Europe.”
Managing Partner - Thepesia Corporate Advisory, Bucharest, Romania
“Eight years ago, with more than 25 years’ experience working in the turnaround profession, 20 years in corporate management and 11 in accounting, I decided to underline my professional leadership credentials by becoming a CTP and by being a founding director of the EACTP. The last eight years have been the most satisfying in my career.
My advice to anyone considering the CTA course would be to do it. Not only will it give you the academic knowledge to handle turnarounds, but you will learn from the experience of practicing CTPs and real-life landmark cases.”
Chairman - BM&T, London, UK
“In a competitive industry, the CTP accreditation provides important recognition of skills and experience.
Becoming a CTP has not only given me the recognition my 20+ years working in turnarounds deserves but has also given me access to a European-wide professional network I would otherwise have struggled to connect with.”
Managing Director – Studio Temporary Manager, Verona, Italy
Ready to take the next step?
Get in touch now to find out how you can become a Certified Turnaround Analyst and to start your application.
The Journey to Becoming a Certified Turnaround Professional (CTP)
Whether it be in front of a judge, a potential employer, or in the final consideration for a deal, having Certified Turnaround Professional (CTP) accreditation status can make a real difference and will set you apart in a group of your peers.
As a Certified Turnaround Professional (CTP), you show that you have acquired technical mastery of the legal, financial, and management aspects of a turnaround and held multiple leadership roles assisting financially distressed companies through turnarounds, restructuring, and/or bankruptcies.
Attain Certified Turnaround Analyst (CTA) accreditation
This is done by completing the Certified Turnaround Analyst Online Learning Programme, delivered in partnership with the Leiden University.
On passing the three exams, and completing an application process, you will receive an official certificate from the EACTP and Leiden University giving you Certified Turnaround Analyst (CTA) accreditation and membership to the EACTP.
Fees for 2022:
CTA Online Learning Programme:
EACTP Membership (payable after course completion): £250 (€275)
CTA Online Learning Programme
EACTP Membership: per calendar year, pro-rated (payable after course completion)
Advance to Certified Turnaround Practitioner (CTP) accreditation
To assess your eligibility to become a Certified Turnaround Professional, your three case studies will be reviewed, and you will attend an interview with two CTP qualified assessors.
Fees for 2022:
CTP Application Fee:
£420/€457 per calendar year, pro-rated (payable on approval of application)
CTP Application Fee
CTP Membership: per calendar year, pro-rated (payable on approval of application)
The Certified Turnaround Analyst (CTA) accreditation is a knowledge-based certification designed to give aspiring and experienced turnaround professionals across Europe the knowledge and competence to carry out or work on turnaround and restructuring appointments.
The Certified Turnaround Professional (CTP) accreditation, is an experience-based certification open to experienced turnaround practitioners. CTPs have a proven track-record and years of experience in working with companies or large business units that are in financial crisis, must be or have held positions such as Turnaround Director, Chief Restructuring Officer or Interim C-Level Executive and must demonstrate knowledge in the legal, financial and management aspects of a turnaround.
The CTA and CTP accreditations signal to clients, judges, referral sources and employers that you demonstrate technical competency and significant experience leading turnaround or restructuring appointments.
Your accreditation will be valid as long as you continue to meet the requirements. These requirements include remaining active as a professional, abiding by the TMA Code of Ethics, and completing at least 20 hours for CTAs and 30 hours for CTPs of continuing professional education during two-year periods, including two hours of ethics credit.
The CTA Online Learning Programme is self-managed, designed to be undertaken alongside work commitments. It must be completed within two-years of beginning the first module, but many candidates will finish within a year, or even six months.
The CTA Online Learning Programme costs £1,975 (€2,165). Upon passing the three exams, you will need to complete your membership to the EACTP by completing an application form and paying an application fee of £250 (€275).
Yes, it is possible to undertake single modules contained in the course. However, while you will gain the knowledge contained in the learning material, you will not be eligible for CTA status or EACTP membership until completion of all three Books of Knowledge (BOKs) in the course.
The CTA and CTP accreditations are recognised throughout Europe (including the United Kingdom), North America, Australia, Japan, amongst others.