Credit-Analyst-Courses

Best Credit Analysis Courses (2020) ranked by Bankers

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 etc.

For a comprehensive look at credit analyst careers, check out this article which covers all aspects of it. However, 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 a major boost to your CV.

Course Selection Criteria:

  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. I always prefer to recommend courses from prestigious universities and providers.
  2. Course Quality – This one doesn’t need to be said, does it? Either way, I am specifically looking at things from an interview and first-year-on-the-job perspective.
  3. Trustworthy platforms only
  4. Value for money
  5. Time to complete and online availability

Here are the top Credit Analysis Courses & Certifications for 2020.


1. Professional Certificate in Credit Risk and Credit Analysis offered by the New York Institute of Finance

Why take this course?

1. Probably 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.

Highlights:

  • Time to Complete: About 35 hours
  • Available online in virtual classroom or on-demand formats
  • Recommended for credit analysts and interns, fixed income professionals, credit derivatives or structuring roles and lateral hires into credit roles
  • The fastest and most efficient way to learn credit analysis

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2. Advanced Credit Risk Professional Certificate offered by the New York Institute of Finance

Why take this course?

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.

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.

Highlights:

  • Time to Complete: 5 days
  • Available online in virtual classroom format or you can take the classes in person as well
  • Recommended for advanced credit roles at investment banks or mid-level positions at commercial banks

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Credit-Analyst-Courses3. Credit Analysis and Management by 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.

Highlights:

  • Time to Complete: 6 – 18 months
  • Available online
  • Well suited for corporate finance professionals managing their company’s credit portfolios

4. Corporate Credit Rating Analysis by 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.


5. Certificate in Corporate Credit Analysis by Fitch Learning

Why take this course?

1. Another great course but the catch is that it is not online. 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.


About the Author

Gaurav Sharma

Gaurav started his career as a Corporate and Investment Banking intern at Citi in 2009 and eventually ended up as an Associate Director at Standard Chartered Bank’s Wholesale Banking division a few years later. By 2016, Gaurav was consulting FinTech start-ups in London with product development in the institutional banking space. He also advises mid-market Private Equity/ Asset Management firms and Banks in North America and Europe with investments in the financial services and FinTech sector. Gaurav writes on topics ranging from European Union banking regulations and FinTech to Blockchain startups and the inevitable rise of our AI overlords! He has an Engineering degree in Computer Science and a Masters in Business Administration. He is also a Certified Financial Risk Manager.