Best Credit Analysis Courses ranked by Bankers (2022)

In Finance Courses & Certifications by Gaurav SharmaUpdated On:

Credit analysis is a foundational concept in banking. It forms the basis of corporate and retail lending, and also project finance, commercial real estate, trade finance lending, debt capital markets and even managing retail portfolios. If you are interested in a role in corporate or retail banking, then this skill is a must. But it is required even for the majority of investment banking or market related roles as credit risk impacts everyone.

Moreover, even non-financial corporations have credit risk roles as they too take credit risks on their channel partners, vendors etc. Credit risk is an interesting, financially rewarding and promising career choice. If you are already convinced that this is the career for you, these courses will provide you the necessary practical knowledge to get started and give a major boost to your CV.

What to look for in a Credit Risk Course/ Certification?

  1. Brand Value – Recruiters spend roughly 7 seconds on a CV before moving on. Having solid brands on your CV is what will make it pop. You need to grab their attention and powerful branding lets you do just that.
  2. Time to complete and online availability – You need the certification before your interview or selection process, not in 2-4 years when you finally complete all the work experience requirements. This factors into my ranking
  3. Course Quality – This one doesn’t need to be said, does it? Either way, I am specifically looking at courses that are accessible and highly relevant to real world corporate credit analysis. 
  4. Trustworthy providers only –  I only pick form the top 3 in the industry generally. It just gives you that additional peace of mind. 
  5. Value for money – It has to be worth the price you pay for it. Quality does come at a price but it is often worth paying for. 

Here are the top Credit Analysis Courses & Certifications.

1. Professional Certificate in Credit Analysis from NYIF

Who should take this?

Recommended for credit analysts, corporate and retail bankers, fixed income professionals, credit derivatives or structuring roles, rating agencies professionals and lateral hires into credit roles.

Why take this certification?

1. Finance is a highly competitive field with hundreds of candidates vying for a single role. You need something that makes you stand out. This is the best overall Credit Analysis certification available online. It takes about 35 hours of effort, is fully online and you will have a solid understanding of the topic and a nice, juicy certification to add on your CV and LinkedIn profile.

2. This course provides a comprehensive look at everything you need to know get started credit analyst. You start off with some foundational exploration of credit and risk principles. Then topics like credit risk terminologies, markets, participants, rating methodologies etc. are covered.

This is followed by an in-depth exploration of ratio and cash flow analysis. These are the numbers that we look at in banking to determine credit worthiness, exposure levels and even to price credit products.

3. Lastly, we have some detailed projections and structuring work, examples covering real-world companies and a final exam for the professional certification. Overall, its a decent combination of theory and practice.

4. This professional certificate offers excellent brand value. NYIF has been training bankers and traders for almost a century and this certification will enhance your credit risk credentials. Add it to your CV and LinkedIn profile if you are interested in a career in credit analysis or related roles.


Duration20 hours
FormatFully online, on-demand

Preview Course/ Enroll Now

2. Certified Banking & Credit Analyst (CBCA) from CFI

Who should take this?

Recommended for all credit, corporate, retail banking roles. Excellent brand value and recognition.

Why take this certification?

1. The CBSA is the certification you want on your Resume if you are applying to a credit role. It is laser focused on credit analysis and risk and the Corporate Finance Institute has carved a niche for itself when it comes to this field. In my experience, such laser focused certifications always add value to your CV and makes it easier for the recruiter to shortlist and hire you. 

2. One interesting aspect of this certification is that it caters to both beginners and intermediate users by adding a few optional prep courses for beginners. So if you are new to credit risk, you can go through these and build a foundational understanding. But if you already know a little bit about credit risk, you can skip these optional prep courses.

3. Topic coverage is as you would expect, including evaluating a business, assessing drivers of business growth, cash flow analysis, building a financial model, loan security and covenants, credit administration and documentation, account monitoring and warning signs, business writing and completing a credit application. 

As someone with a over a decade of credit experience dealing with Fortune 100 clients, I can tell you this is really good stuff. This is pretty much all the skills we needed on the job and what I would want new hires to go through.

4. Overall, this is one of the best credit certification out there. The course content is delivered by experienced bankers and CFI has significant brand recognition in the financial services industry. The thing with such certifications is that they only gain additional brand value with time so completing them early in your career is something that I always recommend. 


Duration60 – 100 hours
FormatFully online, on-demand
LevelBeginner to Intermediate

Click here and use code BBD10 for 10% off!

3. Advanced Credit Risk Professional Certificate from NYIF

Who should take this?

Recommended for advanced credit roles at investment banks or mid-level positions at commercial banks.

Why take this certification?

1. A more advanced version of the credit analysis course offered by NYIF. The Advanced Credit Risk Professional Certificate is recommended for credit professionals looking to up their game or those looking at non-entry level roles in credit risk. The curriculum is advanced enough for this course to be beneficial to bankers and senior level executives. 

2. The course covers credits risk structuring and modeling, managing credit portfolios, capital allocations based on credit risk, credit derivatives like CDSs, CDOs and all that juicy stuff. This is an advanced course and it’s the course to take if you want to play in the big leagues.

3. If you are interviewing or interning for a mid level role in credit risk or trading or even an entry level role at the more discerning investment banks, then this is the certification you need on your CV.


Duration5 days
FormatFully online Virtual classroom 

Preview Course/ Enroll Now

4. Introduction to Credit Risk Management from TUDelft

Who should take this?

A good introductory course for beginners. 

Why take this course?

  1. Credit-Analyst-CoursesThis is a basic introductory course for credit risk for learns who are completely new to the concept. It does not go into as much depth as the other ones, but it is a good starting point for those who are completely new to credit risk. 
  2. The course covers concepts like the definition of credit risk, risk regulations like Basel II and III, use of concepts like Value-at-Risk, expected shortfall, how credit ratings work, how to measure the probability of default of a counterparty, stress testing, credit depravities and so on.
  3. This is a good theory course to learn the foundational concepts of credit risk. Its a decent entry point for students but for credit analysts, I would recommend one of the formal certifications listed above. 


Duration40 hours
FormatFully online, on-demand

Preview Course/ Enroll Now

5. Credit Analysis and Management from UCLA Extension

Why take this course?

1. A very comprehensive course that covers all aspects of credit analysis and then some. Although it’s a bit pricey and can take a while to complete, it is the closest you will get to a getting a full time degree on the subject.

2. The credit analysis courses are through and comprehensive. In fact, there are some concepts in there that I never came across in my own career so I don’t think you will be left wanting in that department.

3. Interestingly, they have added a business ethics and business law course which is good if you are a total beginner but can be redundant if you already know about those things and just want to learn about credit analysis.


  • Time to Complete: 6 – 18 months.
  • Available online or on-site but only on pre-specified dates.
  • Well suited for corporate finance professionals managing their company’s credit portfolios.

6. Certificate in Corporate Credit Analysis from Fitch Learning

Why take this course?

1. Another great course but the catch is that it is not online (Note: Fitch has informed me that they are now running this course online which is a great opportunity to complete this course!). However, the good news is that it is only a 4 day course so you should be able to attend it if you live near one of the major cities that it is offered in.

2. This one is also better suited for professionals on the credit rating side of things.

3. This course is best suited for those who can convince their companies that they need it and can get corporate sponsorship.

7. Corporate Credit Rating Analysis from Moody’s Analytics

Why take this course?

1. This is a 3 day, intermediate level course for professionals who already have some credit experience. It gives you great insight into how those publicly available corporate credit ratings are arrived at.

2. One of the best courses for rating advisors and roles related to corporate credit rating.

3. Its a pretty great course but the problem is that is only available in select cities and on select dates.

Related Articles

About the Author

Gaurav Sharma

Gaurav started his finance career as an intern in Citi’s Institutional Clients Group in 2009, eventually ending up as an Associate Director at Standard Chartered Bank’s Corporate & Institutional Banking division a few years later. By 2016, he was an independent consultant helping FinTech start-ups in London with product development and launch. Gaurav also helps banks with their digital banking initiatives and advises PE & VC firms with investments in the financial services and FinTech sectors. Gaurav writes on topics ranging from EU banking regulations and tradional finance to Blockchain startups and the future of banking itself! He has an Engineering degree in Computer Science and an MBA with a double major in Finance and Marketing. He is also a Certified Financial Risk Manager.