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Credit Analysis & Credit Risk Management Masterclass 2026

Name: Credit Analysis & Credit Risk Management Masterclass 2026
Rating: 4.8 (50 reviews)

Master fixed income markets, bond valuation, and credit risk assessment to Boost Your Career.

Role Play

Created byStarweaver Experts, Michael McDonald, Paul Siegel, Globecon Experts

Last updated 6/2026

English

What you'll learn

Understand key concepts in fixed income and credit analysis, including the fundamentals of credit risk analysis used in financial markets.
Analyze financial statements to assess issuer creditworthiness through fundamental credit analysis and financial risk management techniques.
Evaluate bond pricing, yields, and credit spreads as part of professional credit rating and risk analysis.
Interpret credit ratings and risk assessments to understand how credit analysis is done in banking and capital markets.
Perform ratio analysis and default probability estimation using practical credit risk assessment techniques.
Assess macroeconomic and industry factors affecting credit risk to support effective corporate credit risk analysis and risk management decisions.

Course content

21 sections • 136 lectures • 11h 5m total length

What is Credit Analysis?4:55
Introduction to the field and its importance
The Role of Credit Analysts4:31
How credit analysts evaluate risk
Key Drivers of Credit Risk5:07
Understanding major risk factors
Credit Analysis vs. Equity Analysis5:20
Differences in analytical approaches
Credit Risk in Different Markets6:50
Bonds, loans, and corporate finance applications
Common Credit Analysis Mistakes6:00
Pitfalls and best practices
Hands-on Exercise: Credit Risk Basics0:14
In this hands-on lab, learners take on the role of a junior credit analyst at a commercial bank. They are given real financial data from a mid-sized manufacturing firm seeking a loan. Using Excel, learners will compute basic credit ratios and form a quick judgment on the firm’s financial health—an essential skill for credit and risk professionals.
Credit Analysis Fundamentals

Overview of Fixed Income Securities4:53
Introduction to various fixed income instruments
Government vs. Corporate Bonds4:37
Differences in risk and return profiles
Structured Products and Asset-Backed Securities4:55
Understanding securitization and structured finance
Bond Maturity and Coupon Structures5:34
Examining bond structures and yield implications
Risks Associated with Fixed Income5:19
Credit risk, interest rate risk, and reinvestment risk
Market Trends in Fixed Income Investing9:39
Current trends and future outlook for fixed income
Hands-on Exercise: Bond Characteristics0:14
Fixed Income Knowledge Check

Introduction to Credit Ratings5:20
Overview of credit rating agencies and their functions
Credit Rating Methodologies5:19
How agencies assign credit ratings
Investment-Grade vs. High-Yield Ratings5:28
Key differences between investment-grade and junk bonds
Case Study: Corporate Credit Ratings6:34
How credit ratings impact corporate bonds
Credit Downgrades and Upgrades4:44
Market implications of rating changes
Criticisms of Credit Rating Agencies6:07
Understanding agency limitations and conflicts of interest
Hands-on Exercise: Analyzing Credit Ratings0:13
Credit Ratings Knowledge Check

Overview of Financial Statements5:15
Introduction to balance sheets, income statements, and cash flow statements
Key Financial Ratios for Credit Analysis6:20
Understanding leverage, liquidity, and profitability ratios
Evaluating Earnings Quality4:19
How to assess the reliability of reported earnings
Cash Flow Analysis in Credit Risk7:00
Why cash flow is critical for debt repayment ability
Case Study: Credit Risk Using Financial Statements6:34
Applying financial analysis to a real-world example
Red Flags in Financial Statements8:15
Warning signs of financial distress and credit risk
Hands-on Exercise: Analyzing Financial Statements0:11
Financial Statement Analysis Check
Presenting Cash Flow Insights to a Credit Risk Committee

Introduction to Credit Ratios4:46
Overview of key financial ratios used in credit analysis
Liquidity Ratios and Credit Risk4:36
Understanding the impact of liquidity on credit evaluation
Leverage Ratios: Debt to Equity and More3:54
How leverage ratios affect a firm's financial health
Profitability Ratios and Debt Servicing Ability4:06
Analyzing profitability as an indicator of creditworthiness
Case Study: Applying Ratio Analysis to Credit Decisions4:11
Using real-world examples to assess creditworthiness
Common Pitfalls in Ratio Analysis3:45
Mistakes to avoid when interpreting financial ratios
Hands-on Exercise: Calculating Credit Ratios0:13
Ratio Analysis Knowledge Check

Importance of Cash Flow in Credit Analysis4:27
Why cash flow is crucial for assessing credit risk
EBITDA and Debt Service Coverage4:22
Understanding EBITDA as a measure of debt repayment ability
Free Cash Flow and Liquidity Management7:54
How free cash flow impacts a firm's creditworthiness
Cash Flow Stress Testing5:05
Evaluating a company's resilience under financial stress
Case Study: Cash Flow and Default Risk3:59
Applying cash flow analysis to real-world credit decisions
Common Pitfalls in Cash Flow Analysis5:38
Avoiding misinterpretation of cash flow statements
Hands-on Exercise: Calculating Cash Flow Ratios0:15
Cash Flow Analysis Knowledge Check

Structural Role of Credit Rating Agencies in Financial Markets5:45
Overview of major credit rating agencies and their functions
Inside Credit Rating Methodologies: From Models to Committees6:28
How credit ratings are assigned and reviewed
Credit Ratings and the Cost of Capital: A Quantitative Perspective5:50
How ratings influence interest rates and capital costs
Sovereign vs. Corporate Credit Ratings – A Structural and Risk-Based Comparison9:00
Differences in rating approaches for governments and firms
Case Study - Ford Motor Company’s 2020 Credit Downgrade5:52
How a credit downgrade impacted a company’s financial position
Limitations and Critiques of Credit Ratings in Practice7:08
Issues such as conflicts of interest and rating accuracy
Hands-on Exercise: Analyzing a Credit Rating Report0:12
Credit Ratings Knowledge Check

Introduction to Macroeconomic Risks4:16
Overview of economic factors influencing credit risk
Inflation and Interest Rates4:43
How inflation and interest rate changes affect credit markets
Economic Cycles and Credit Risk5:09
Impact of economic downturns and expansions on credit
Industry-Specific Credit Risks5:33
Understanding how industry dynamics impact creditworthiness
Case Study: Credit Risk in a Recession4:51
Real-world analysis of how recessions affect credit quality
Global Risks and Credit Markets5:51
Assessing geopolitical risks and external shocks
Hands-on Exercise: Evaluating Macroeconomic Risks0:14
Macroeconomic and Industry Risk Check

Introduction to Bond Categories5:21
Overview of corporate and sovereign bonds
Key Risks in Corporate Bonds5:59
Understanding default risk and credit spreads
Sovereign Debt and Country Risk6:41
Evaluating creditworthiness of governments
Yield Spreads and Risk Premiums5:23
Understanding how spreads reflect credit risk
Case Study: Corporate vs. Sovereign Bond Performance5:26
Analyzing real-world bond performance differences
Factors Influencing Bond Investment Decisions5:51
How investors choose between corporate and sovereign bonds
Hands-on Exercise: Analyzing Bond Risk Profiles0:12
Corporate vs. Sovereign Bond Knowledge Check

Introduction to Bond Pricing4:29
Overview of bond pricing fundamentals
Understanding Yield to Maturity (YTM)5:26
How YTM impacts bond valuation
Credit Spreads and Market Perception6:53
How credit risk affects bond spreads
The Yield Curve and Credit Risk4:45
Relationship between yield curves and creditworthiness
Case Study: Bond Pricing in Different Economic Conditions4:48
Examining bond price movements in varying environments
Common Mistakes in Bond Valuation6:14
Avoiding errors in bond pricing models
Hands-on Exercise: Calculating Bond Prices and Yields0:11
Bond Pricing and Yields Knowledge Check

Requirements

To gain the most value from this course, participants should have a basic understanding of financial concepts, including the time value of money, interest rates, and financial statements. Familiarity with Excel and basic quantitative skills will be helpful for completing practical exercises and analyzing financial data.
While no prior experience in credit analysis, credit risk analysis, or fixed income markets is required, learners with a background in finance, accounting, banking, or investment will find it easier to apply the concepts and tools covered in this credit analysis course.

Description

Master Fixed Income and Credit Analysis - Evaluate Bonds, Assess Default Risk, and Make Smarter Investment Decisions

Are you ready to master the complexities of credit analysis in modern financial markets? This comprehensive credit analysis course provides a deep understanding of fixed income markets, bond valuation, and credit risk assessment, helping you develop the skills required to evaluate borrower creditworthiness and manage financial risk effectively.

You will learn what credit analysis in banking involves, how credit risk is calculated, and how professionals conduct corporate credit risk analysis to assess the financial strength of issuers. The course introduces a structured credit analysis process and practical credit risk analysis methods used by financial institutions, banks, and investment firms.

Through hands-on exercises, real-world case studies, and interactive learning modules, you will gain practical experience in financial and credit risk analysis, allowing you to apply industry-relevant credit risk assessment techniques and tools. The program bridges theory and practice, helping you build a strong analytical foundation to support risk management and investment decision-making

By the end of this course, you will be able to interpret credit ratings and risk analysis, perform ratio analysis and default probability estimation, and understand how credit risk analytics supports lending and investment decisions. You will also learn how macroeconomic trends, industry conditions, and market dynamics influence credit instruments and borrower risk.

Whether you are an aspiring credit risk analyst, finance professional, portfolio manager, or investor, this course will help you understand how to do credit analysis of a company, evaluate bond investments, and perform structured credit risk analysis and management.

Enrol today and develop the skills needed to perform professional credit analysis and make confident investment and lending decisions in today’s dynamic financial environment.

Who this course is for:

This course is designed for finance professionals seeking to strengthen their expertise in credit analysis, credit risk assessment, and fixed income investing. It is particularly valuable for financial analysts, fixed income traders, portfolio managers, and credit risk specialists working in banks, financial institutions, or credit rating agencies.
The program provides practical, industry-relevant skills in credit risk analysis, bond market evaluation, and financial risk management. Investors and professionals who want to better understand bond pricing, credit ratings, and credit risk evaluation will also benefit from the course’s structured framework and real-world applications in fixed income and credit analysis.

Credit Analysis & Credit Risk Management Masterclass 2026

What you'll learn

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Course content

Introduction to Credit Analysis7 lectures • 33min

Types of Fixed Income Securities7 lectures • 35min

Credit Ratings and Risk Assessment7 lectures • 34min

Financial Statement Analysis for Credit Risk8 lectures • 38min

Ratio Analysis in Credit Evaluation7 lectures • 26min

Cash Flow Analysis and Debt Servicing Ability7 lectures • 32min

Credit Ratings and Their Implications7 lectures • 40min

Macroeconomic and Industry Factors in Credit Analysis7 lectures • 31min

Corporate Bonds vs. Sovereign Bonds7 lectures • 35min

Bond Pricing, Yields, and Spreads7 lectures • 33min

Requirements

Description

Who this course is for: