Credit Analyst

Lovely Professional University (LPU) provides an International Credit Transfer Program for students who want to complete a portion of their degree at LPU and the rest at a partner university overseas. Under this program, students generally spend half of their time at LPU before transferring to an allied overseas university to complete their studies and get their degree. This project is a cost-effective approach for students to get global exposure, as it allows them to save up to 40% of the cost of studying abroad, including tuition and living expenses. The curriculum applies to different areas, including engineering, management, and hospitality, and incorporates relationships with over 300 top colleges throughout the world, such as the University of California and McGill University.

Here are a few free online courses that can help you develop skills relevant to a Credit Manager profile:
1. Introduction to Financial Accounting - Offered by Coursera, this course provides an understanding of the fundamental concepts of financial accounting, including the preparation and interpretation of financial statements. It covers topics such as balance sheets, income statements, and cash flow statements.
2. Credit Risk Management - This course, available on edX, explores the principles and practices of credit risk management. It covers topics such as credit analysis, credit scoring, credit derivatives, and credit risk modeling. It can help you understand how to assess and manage credit risks in a professional setting.
3. Financial Markets and Investment Strategy - Offered by Khan Academy, this course introduces you to the basics of financial markets, including stocks, bonds, and mutual funds. It covers investment strategies, risk management, and portfolio diversification, which can be valuable knowledge for a Credit Manager.
4. Corporate Finance Essentials - This course, available on Coursera, provides an overview of corporate finance principles. It covers topics such as time value of money, risk and return, capital budgeting, and valuation techniques. Understanding corporate finance concepts can be beneficial in credit analysis and decision-making.
5. Financial Analysis and Decision Making - Offered by NPTEL, this course focuses on financial statement analysis and the use of financial information in decision-making. It covers topics such as ratio analysis, cash flow analysis, and profitability analysis, which are essential skills for a Credit Manager. Remember, while these courses provide valuable knowledge and skills, hands-on experience and practical application are equally important in building expertise as a Credit Manager. Additionally, professional certifications such as Certified Credit Executive (CCE) or Certified Credit Professional (CCP) can enhance your credibility in the field.

It will require several years of performing well and to become a senior credit analyst and head of the team. From there on you could progress to the VP level, the Director level and even the CFO or MD levels depending on your performance and achievements. Required Qualifications:
As per the 2015 BLS reports in USA 27% of the crores Analysts had a degree and employers preferred majors in economics, finance, business administration and accounting for the crores Analyst posts. Other skills and qualifications:
Credit Risk analysts do not require professional licenses to practice. However professional certification like CRC-credit risk management certification from the Risk Management Association is not only a feather in your cap but places you at an advantage for better salaries and career progression. The certifying exam covers the seven core areas of credit risk management and the practical objective application of the knowledge to your working scenarios. The credit risk analyst role is both financially and career-wise a rewarding prospect. Essential to the whole equation is knowledge and training at the interview, placement and on-the-job stages. Do your course at the reputed Imarticus Learning to take advantage of certification, assured placements and gain a firm footing in the credit risk field and banking industry. Hurry and enrol!