Fundamentals of Credit Analysis
- Offered byCoursera
Fundamentals of Credit Analysis at Coursera Overview
Duration | 6 hours |
Start from | Start Now |
Total fee | Free |
Mode of learning | Online |
Official Website | Explore Free Course |
Credential | Certificate |
Fundamentals of Credit Analysis at Coursera Highlights
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Fundamentals of Credit Analysis at Coursera Course details
- What you'll learn
- Explain the concept of credit risk and how it affects pricing in bonds.
- Discuss the four Cs (Capacity, Collateral, Covenants, and Character) of standard credit analysis.
- Analyze statements, calculate ratios to gauge borrower risk and its impact on debt pricing.
- Compare different types of bonds based on their credit ratings and explain the meaning behind those ratings.
- This foundational course is focused on understanding and evaluating credit quality in corporate issuers. It examines the methods that analysts can use to determine credit quality as it relates to debt issues. In particular, we examine what credit risk is, how to use credit ratings in evaluating borrowers, the 4 Cs of traditional credit analysis, and the ratios and financial analysis metrics that analysts draw on to evaluate credit risk and pricing in bonds.
- The content is designed and delivered by a financial industry practitioner with an extensive practical understanding of the investment markets. Each program is rigorous, including two practice questions per lesson, and a final, graded assessment of 20 questions involving all lessons and sections.
- This program is designed for anyone interested in a greater understanding of credit analysis, including people already working within a financial institution in the front, middle, or back-office areas, or seeking entry to one of these roles. No prior knowledge is expected or required.
Fundamentals of Credit Analysis at Coursera Curriculum
Fundamentals of Credit Analysis
Introduction to the course and the instructor
Investment risk
Credit risk
Bonds, issuers, borrowers and investors
Bond pricing
Capacity
Collateral
Covenants
Character
Sustainable cash flows
Profits and losses
Liabilities
Assets
Cover ratios
Profitability
Leverage
Loan to Value
Credit rating agencies
Ratings scales and default
Investment and non-investment grade issues
Probability of default and loss given default
Conclusion and takeaways
Welcome to the course
Additional resources
Additional resources
Additional resources
Additional resources
Additional resources
Credit risk and bond pricing
The four Cs of credit analysis
Financial statements evaluation
Financial ratio analysis
Credit ratings
Final assessment