AMCT Diploma in Treasury Fast-Track Route for Qualified Accountants

Course overview

The ACT has developed a fast-track route for qualified accountants who wish to gain the AMCT Diploma in Treasury. This accelerated course of study significantly reduces the time needed to complete the qualification. It offers an excellent opportunity for qualified accountants to gain a practical qualification in treasury, risk and corporate finance which will complement their accountancy skills base.

The fast-track route is open exclusively to ACCA members and affiliates, CIMA members and students, ICAEW members and ICAS members.

Current ACT student? Please visit the Student Area

How can I enrol?

If you qualify for the fast-track route your first AMCT Diploma paper will be CertITM – the stage two compulsory paper.

The enrolment deadline for CertITM is 30 September for April examination and 31 March for October examination.

• Enrol on AMCT (PDF 133K)

Course structure and content

Stage one (qualified accountants exempt)

There are usually three stages to completing the AMCT Diploma, however, qualified accountants are exempt from stage one of AMCT and are awarded credits against the four foundation papers. In addition, they also qualify for the Corporate Finance & Funding Fast-Track paper at stage three, the benefits of which include reduced study content and a shorter final examination. This considerably reduces the number of papers you are required to sit to complete AMCT.

Stage two (compulsory)

Stage two is the Certificate in International Treasury Management (CertITM). CertITM provides a broad understanding of the core elements of treasury. It develops technical and practical skills in the principles and techniques underpinning treasury, risk and corporate finance and provides a platform from which you can go on to develop specialist knowledge. A public finance version of this course is also available.

• Certificate in International Treasury Management (CertITM)
• Certificate in International Treasury Management - Public Finance (CertITM-PF)

Typical study requirements are 150-200 hours for this paper.

The enrolment deadline for CertITM/CertITM-PF is 30 September for April examination and 31 March for October examination.

Stage three (select two electives)

At stage three you choose two further electives which provide in-depth coverage of key areas within treasury, risk and corporate finance. This gives you the opportunity to tailor the qualification to your specific needs and deepen your understanding in specialist areas relevant to your working environment.

Choose two papers from the following:

• Certificate in International Cash Management (CertICM)
• Certificate in Corporate Finance & Funding including Fast-Track (CertCFF & CertCFF Fast-Track)
• Certificate in Risk Management (CertRM)
• Certificate in Financial Mathematics & Modelling (CertFMM)

Typical study requirements are 100 hours for the Corporate Finance & Funding Fast-Track paper and 120 to 150 hours for the other papers.

Enrolment deadlines for stage three papers:

CertCFF*, CertRM*, CertFMM

15 June for October examination
15 December for April examination

* If you are studying for or have completed CertITM otherwise 30 September for April examination and 31 March for October examination.

CertICM

31 March for October examination
30 September for April examination

Entry requirements - who is eligible?

ACCA Members and Affiliates who qualified in paper 14 (Financial Strategy) under the ACCA syllabus which was introduced in 1994, paper 3.7 (Strategic Financial Management) under the syllabus introduced in December 2001, and paper P4 (Advanced Financial Management) under the new syllabus introduced in December 2007.

CIMA Members and Students who completed what were the CIMA Stage 4 examinations between May 1995 and November 2000 or who completed the Part Three exam under the syllabus first examined in May 2001. CIMA students studying for the syllabus first examined in May 2005 are eligible for the AMCT fast track route and will gain the designatory letters AMCT once they have completed the nine examinations for the CIMA Professional Qualification and Passed the Test of Professional Competence in Management Accounting (TOPCIMA). The CIMA requirement for three years' relevant practical experience is not necessary in order to gain the designatory letters AMCT.

ICAEW Members who have qualified since 1998.

ICAS Members who have qualified since 1995.

If you qualified prior to the dates shown above you are not eligible for the AMCT fast-track route; however you are automatically exempt from the foundation papers. Please see the exemptions section for further information.

• For full details on AMCT course objectives, learning outcomes, course content and study tools visit the AMCT Diploma in Treasury area.