Before you begin enrolment, have these ready:
Your ACT Learning account details, or the information needed to create an account
Employer VAT number for employer-sponsored entry
Work Experience Declaration Form
What You'll Study
By the end of the qualification, you will be able to explain the role, policies and structures of corporate treasury, understand interest rates and foreign exchange markets, and apply cash, liquidity, working-capital, and investment principles.
You will also be able to consider capital structures and funding, governance and regulation, financial reporting and tax, technology and fraud risk, and the key risks facing organisations.
Unit 1
The Context of Treasury
Unit 2
Cash and Liquidity Management
Unit 3
Corporate Finance
Unit 4
Technology, Governance and Ethics
Unit 5
Financial Risk Analysis and Management
Assessment
One online on-demand exam per unit
Course Sample Materials
Who Can Enrol
Entry requirements apply. You may be eligible for automatic entry or exemptions based on your previous ACT study, professional qualifications, or relevant work experience.
See the options below to find out if an exemption applies to you.
I have completed the Certificate in Treasury Fundamentals
You have automatic entry to the Certificate in Treasury if you have successfully completed the Certificate in Treasury Fundamentals.
I Have Completed the Certificate in International Cash Management
You have automatic entry to the Certificate in Treasury if you have successfully completed the Certificate in International Cash Management.
I am a qualified accountant
If you are qualified with ICAEW, ICAS, or their reciprocal bodies, you may be exempt from Units 1, 2, 3, and 5. You would complete Unit 4 only.
If you are qualified with CIMA or its reciprocal bodies, you may be exempt from Units 1, 2, 3, and 4. You would complete Unit 5 only.
If you are qualified with ACCA or its reciprocal bodies, you may be exempt from Units 2, 3, 4, and 5. You would complete Unit 1 only.
If you are qualified with an International Federation of Accountants (IFAC) member body, you may be exempt from Unit 3 and would complete the remaining four units.
You will need to provide a copy of your accounting qualification certificate when booking
I have prior work experience
You may be eligible for direct entry if you have three years’ experience in a treasury role, or in a role working with treasury in a financial institution or treasury consultancy.
If your experience is from a financial institution, your work experience declaration should show that you work in asset and liability management, or in a role that involves regular work with corporate treasury issues or corporate treasury clients.
Examples may include asset and liability management, bank treasury, cash management, compliance, corporate finance advisory, credit, debt restructuring, sales, banking, internal audit, product development, relationship management, supply chain finance, lending and trade finance.
You will need to provide your qualification certificate, a completed work experience declaration form, and your CV when booking.
I hold a prior qualification
If you are a CFA Charter holder, then you are eligible for exemption from the Certificate in Treasury and can begin your studies with the Diploma in Treasury Management and/or the Certificate in International Cash Management.
You will need to provide a copy of your qualification certificate when booking.
If you hold the Certified Treasury Professional (CTP) qualification you get automatic entry to the Certificate in Treasury and the Certificate in International Cash Management. You will need to provide a copy of your qualification certificate when booking.
CTP Qualified
If you hold the Certified Treasury Professional (CTP) qualification and have fewer than five years’ treasury experience, you may be exempt from the Certificate in Treasury Fundamentals and three Certificate in Treasury units. You would complete Units 1 and 3. You will need to provide your CTP certificate when booking.
ACT Accredited Universities
If you are studying or have studied at an ACT accredited university, you may be eligible for exemptions from the Certificate in Treasury Fundamentals and specified Certificate in Treasury units.
Birmingham Business School — MSc Financial Management.
Fachhochschule Wiener Neustadt GmbH (University of Applied Sciences Wiener Neustadt) — Masters in Treasury and Investment Programme.
Kingston Business School — BSc Accounting and Finance; MSc Finance; MSc Accounting & Finance; MSc Financial Business Management; MSc Banking & Finance; MSc Investment and Financial Risk Management.
Sheffield Business School — BA Finance and Banking; MSc Banking and Finance.
CertBALM, BTRM, or CAS Swiss Certified Treasurer
If you have completed the Certificate of Banking Asset Liability Management (CertBALM) or Certificate of Bank Treasury Risk Management (BTRM), you may be exempt from the Certificate in Treasury Fundamentals. You will need to provide your qualification certificate when booking.
If you have completed the CAS Swiss Certified Treasurer (SCT) at Lucerne University of Applied Sciences and Arts, you may be exempt from the Certificate in Treasury Fundamentals. You will need to provide your qualification certificate when booking.
CFA Charterholder
If you are a CFA Charterholder, you may be eligible for automatic entry to the Diploma in Treasury Management rather than the Certificate in Treasury. You will need to provide a copy of your qualification certificate when booking.
None of the above applies to me
You must complete the Certificate in Treasury Fundamentals before progressing to the Certificate in Treasury.
What It Costs
Certificate in Treasury fees are split across three components. Student membership, learning materials, and your assessment fee.
Student Membership
Discounts on student membership if you purchase more than one unit
Learning Materials
per single unit (bundle discounts apply)
Assessment Fee
per exam
Your assessment can be booked and paid for at a later date, when you feel prepared and ready to sit the exam.
Fees are subject to the local VAT rate where applicable.
Bundle Discounts: receive discounted fees on learning material when you purchase more than one unit at a time.
Online course fee (4-unit bundle) - £1,900
Online course fee (5-unit bundle) - £2,400
Exemption fee per unit - £240
Employer Sponsored: all three fees, including student membership, learning materials, and assessment, can be invoiced to your organisation. Speak to the ACT team to arrange employer billing.
Self-funded: student membership and learning materials must be paid upfront. Your assessment can be booked and paid separately when you’re ready.
Bursaries: if you are a national and resident of one of the eligible countries, and are unable to gain sponsorship for your studies from your employer, you can apply for a bursary for the Certificate in Treasury Fundamentals.
Your Learning Pathway
The Certificate in Treasury is step two of the full Treasury Management pathway. The pathway culminates in Associate Member (AMCT) status.
Certificate in Treasury Fundamentals (CertTF)
1-3 months study time
Certificate in Treasury (CertT)
9-12 month study time
Diploma in Treasury Management (AMCT)
12-18 months study time
CertT MicroCredentials Pathway: This qualification can be broken down into eight individual MicroTopics, letting you study one topic at a time and build toward the full qualification at your own pace.
Booking for Your Team
We can also deliver cash management learning to companies with teams that are interested in taking either the full qualification or selected units, and tailor it to your business needs.
Hear from Our Past Students
“I can’t recommend the ACT enough for all Treasury professionals wanting to develop and expand their treasury knowledge!”
Olivia Hall, Treasury Dealer
The Weir Group PLC
Useful Links
My Learning
If you are a current ACT Student, you can access your learning materials here.
Assessment
Everything you need to know about your assessment - key dates, formats, fees, resources and post- assessment services.
Student Membership
Your qualification is just the start. Discover the resources, support, and opportunities available through student membership.