Risk Management and Credit Principles from edX

This course is Part 1 of the Credit and Credit Risk Analysis Professional Certificate program from the New York Institute of Finance. The course begins with an introduction to risk management and credit principles. You will review and understand credit risk, credit exposure, and the goals of credit analysis. You will learn about the purpose of debt, debt forms, and the difference between financing from debt vs. equity.

In this course, you will gain a deeper understanding of the principles of credit risks, including exposure, default, default probability, expected loss, and loss given default. Important concepts will be covered that will help you to effectively assess business and industry risks, company business models, market competition, and the impact of risks on company performance. You'll examine how companies measure and mitigate these risks.

Lastly, you'll review the roles of credit-rating agencies and the usefulness of market-related metrics, such as share prices and credit spreads. At the end of the course, you'll complete a hands-on risk analysis assessment.

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Learning objectives

Introduction to risk management and credit principles
Principles of corporate and project finance
Credit markets, loan defaults, and expected loss

Business, industry, and company risk
Ratings agencies and financial disclosure

Introduction to risk management and credit principles
Principles of corporate and project finance
Credit markets, loan defaults, and expected loss
Business, industry, and company risk
Ratings agencies and financial disclosure

Syllabus

Mod 01: Introduction to Risk Management and Credit Principles (Audit this module for Free)

Mod 02: Principles of Corporate and Project Finance

Mod 03: Credit Markets, Loan Defaults, and Expected Loss

Mod 04: Business, Industry, and Company Risk

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Credit Risk and Credit Analysis Certificate, which many students pursue for career advancement

Provides preparation for students looking to work as a credit risk and credit analyst

Beginner-friendly course that starts off by introducing risk management and credit principles

Instructors Tracy Williams are seasoned experts in finance

Emphasis on practical application of assessing company and industry risks

Covers essential concepts like credit risk, credit exposure, and expected loss

Career center

Learners who complete Risk Management and Credit Principles will develop knowledge and skills that may be useful to these careers:

Risk Manager

Risk Managers work to mitigate and manage a variety of risks within a company. The course you are looking into presents many risk management fundamentals and will be very useful as you navigate a path toward becoming a Risk Manager.

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Credit Analyst

A Credit Analyst reviews and evaluates the creditworthiness of individuals and businesses. To be successful, you must have a strong understanding of financial analysis, risk management, and lending practices. The Risk Management and Credit Principles course lays the groundwork to build your knowledge in this area and would be a great resource for your professional development.

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Loan Underwriter

Loan Underwriters review loan applications, evaluate the borrower's financial history, and make decisions about whether or not to grant the loan. By studying this course, you will be well-positioned for success as a loan underwriter, as Mod 03: Credit Markets, Loan Defaults, and Expected Loss, in particular, will help a learner build a strong understanding of loan terms, defaults, and loss.

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Quantitative Analyst

Quantitative Analysts use mathematical and statistical models to analyze financial data. This course will help you develop a strong foundation in the principles of risk management, which is important for success in this role.

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Investment Banker

Investment Bankers help companies raise capital and advise on mergers and acquisitions. This course will help you learn the basics of corporate finance and capital raising and will be particularly helpful if you wish to enter the investment banking field.

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Portfolio Manager

Portfolio Managers oversee investment portfolios for individuals and institutions. The course will be especially helpful for those who want to learn about financial analysis. Knowledge of financial markets is important in this role.

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Insurance Underwriter

Insurance Underwriters evaluate risk and determine the premiums for insurance policies. It may be especially helpful to thoroughly study Mod 03: Credit Markets, Loan Defaults, and Expected Loss while completing this course as it covers concepts of evaluating loss and default probability.

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Commercial Loan Officer

A Commercial Loan Officer assesses, analyzes, and approves loans for businesses and large organizations. Some of the work consists of reviewing financial documents and meeting with business owners to discuss loan terms. To be successful in this role, you will need to understand important concepts in finance, accounting, and economics. Ultimately, the course's coverage of risk management, credit principles, and financial analysis will help you to build a foundation toward this career path. It may be especially helpful to thoroughly study Mod 03: Credit Markets, Loan Defaults, and Expected Loss.

See salaries and explore the career path for Commercial Loan Officer

Reinsurance Underwriter

Reinsurance Underwriters assess and manage risk for insurance companies. This course will help build your knowledge of risk management principles and help you understand important concepts such as expected loss.

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Auditor

Auditors review financial records and ensure that they are accurate. The course will help build your fundamental knowledge of accounting and financial statement analysis, which are essential to the role of an auditor.

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Actuary

Actuaries use mathematical and statistical models to assess risk and uncertainty. This course will provide an introduction to risk management and its importance.

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Financial Advisor

Financial Advisors help individuals and families manage their finances. Many hold advanced degrees in business or finance. This course may be useful to those that have a strong foundation in finance concepts but would like to gain additional knowledge in areas like risk management and credit analysis.

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Management Consultant

Management Consultants help organizations improve their performance. This course will improve your knowledge of assessing risk to efficiency and identify areas for improvement.

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Financial Analyst

Financial Analysts make recommendations on investments and financial planning to individuals and businesses. The course will help you understand basic ideas about financial risk and how to analyze financial statements. This knowledge is important to succeed as a financial analyst.

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Data Scientist

Data Scientists use data to solve business problems. By taking this course, you will learn about important risk management and credit principles and how to use data to mitigate risk.

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Risk Management and Credit Principles

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