Fundamentals of Credit Analysis

This course provides a structured introduction to evaluating credit quality in corporate issuers. Learners examine credit risk fundamentals, the role of credit ratings, the “4 Cs” of credit analysis, and key financial ratios used to assess borrower risk and bond pricing. Through practical examples, participants learn how analysts interpret credit metrics to inform lending, investment, and risk management decisions. Designed for professionals across front, middle, and back-office functions—or th

• 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.