This Corporate Credit Analysis course takes a diagnostic approach - it teaches participants what to look for when assessing the financial health of a corporation. Participants explore the implications of financial and non-financial credit and business risks on corporate credit. They learn how to structure a loan and the best methods for monitoring and standardizing credit control procedures. At every stage of the series, students are asked to apply credit analysis theories to practical case studies drawn from different countries and industrial sectors.
Discuss the reasons why a bank lends money and why corporations borrow
Recognize the different types of loans
Identify the components of the lending process
Define the stages of the industry/product life cycle
Recognize industry metrics used to analyze performance and trends
Describe the areas of the financial statements that are the focus of company forecasting
Identify the purpose and components of sensitivity and scenario analyses
Define the different types of ratios used for credit analysis.
Explain what the different ratios tell us from a credit analysis perspective. Recognize the factors that go into determining a company's optimal capital structure.
Recognize the limitations of financial information in credit analysis.
Define the five forces in the Porter model.
Recognize the elements of PEST analysis.
Determine the different types of corporate strategies and the role of management in their implementation.
Identify the different corporate structure issues and their implications for credit analysis.
Describe SWOT analysis.
Describe the role of rating agencies in credit analysis.
Identify the process that rating agencies use to rate companies.
Recognize the components of the Z-score, RiskCalc TM, and KMV models.
Entry level professionals, investment professionals, research analysts, corporate bankers, fixed income analysts, credit analysts, equity analysts, mergers & acquisitions professionals