Overview

Google, IBM & Meta Certificates — All 10,000+ Courses at 40% Off

One annual plan covers every course and certificate on Coursera. 40% off for a limited time.

Learn how credit ratings are assigned and how financial risk is evaluated across companies, financial institutions, and public sector entities. Build practical skills used by credit analysts and rating agencies. This course provides a structured approach to understanding credit ratings and financial risk analysis. You will learn how rating agencies evaluate borrowers, interpret rating symbols, and assess industry and business risk factors. You will develop strong financial analysis skills by examining balance sheets, financial statements, and key ratios such as leverage, liquidity, and return on capital. These tools will help you evaluate an organization’s ability to meet its financial obligations. The course also explores different rating categories, including investment grade, project finance, and public finance ratings. You will understand how credit ratings are applied across sectors such as corporates, banks, and infrastructure projects. In advanced sections, you will learn how rating agencies evaluate qualitative factors like management quality and monitor credit ratings over time to reflect changing market conditions. By the end of the course, you will be able to confidently interpret credit ratings, assess financial risk, and apply structured credit analysis techniques in real-world financial decision-making.

Syllabus

Foundations of Credit Rating

This module introduces the core concepts of credit rating and explains how credit rating agencies evaluate the creditworthiness of borrowers. Learners explore the purpose, benefits, and industry considerations involved in credit rating while understanding the methodologies used by rating agencies. The module also introduces global rating symbols and key financial ratios used as the foundation for credit risk analysis.

Financial Analysis in Credit Rating

This module focuses on financial analysis techniques used in credit rating assessments. Learners study how financial statements, balance sheets, and key financial ratios help evaluate the financial strength of an organization. The module also introduces capital efficiency, debt financing, and the role of financial metrics in determining the ability of companies to meet their financial obligations.

Credit Rating Categories and Applications

This module explores different categories of credit ratings and their practical applications across industries and financial sectors. Learners examine investment grade classifications, project finance ratings, and portfolio risk management strategies. The module also introduces public finance ratings and explains how credit ratings are used in evaluating government and infrastructure projects.

Advanced Credit Evaluation and Monitoring

This module examines advanced credit evaluation techniques, focusing on qualitative factors, management practices, and sector-specific ratings. Learners explore how rating agencies assess banks and NBFCs, evaluate liquidity and earnings quality, and ensure integrity in the rating process. The module concludes with the importance of monitoring, updating ratings, and maintaining credibility in credit evaluation.