College of Business
Two College of Business Alumni Among Five in Nation to Pass Certified Treasury Professional Exam
Two alumni from the College of Business at Texas A&M University-Corpus Christi were among five of 19 students representing universities across the nation who passed the Association for Financial Professional’s exam to become Certified Treasury Professionals (CTP).
The Texas A&M-Corpus Christi alumni who passed the exam were Xuan Nguyen, who graduated with a Bachelor of Business Administration in Accounting and Finance, and Tanapong Worakasemsuk, a graduate with a Master of Business Administration in General Business. Both graduates received their degrees in December 2013. The test was taken between December 2013 and January 2014. Prior to graduating, the students were enrolled in the Cash Management course taught by Dr. Armand Picou, Professor of Finance. Nguyen and Worakasemsuk earned the designation of Certified Treasury Professionals Associates (CTPA), which is given to students who master the exam without any prior field experience.
“This is a national exam that is usually taken by professionals in the field so it’s more challenging for a student who has no treasury work experience to pass this exam,” said Dr. Eugene Bland, a Certified Treasury Professional and Professor of Finance. “I think it speaks highly of their ability to master the material and certainly speaks highly of Dr. Picou’s ability to prepare his class at such a professional level.”
The CTP designation is recognized as one of the highest credential for the finance profession. The certification demonstrates the knowledge and skills related to corporate liquidity, capital, and risk management. Designated professionals earn up to 14 percent more than those who are not certified.
The courses required for a finance major are designed to help students prepare for careers in Corporate Financial Management, Investment Planning, Brokerage, Insurance, Commercial Banking, Real Estate and other similar fields. Core courses in finance provide students with a background in security analysis and investments, portfolio management, and financial planning and analysis.