In this course, you’ll learn how to assess credit risk and manage fixed-income investments using advanced tools like bond pricing models, credit derivatives, and regulatory frameworks. You’ll focus on real-world applications such as yield curve analysis, CDS evaluation, collateral and covenant review, stress testing, and Basel III compliance to build strategic, risk-aware portfolios. Through expert instruction, hands-on exercises, and case studies, you’ll gain the skills to implement effective credit strategies—including ESG integration—navigate regulations, and confidently manage institutional credit exposure in dynamic markets.

In this module, you’ll examine the influence of macroeconomic factors on credit risk, focusing on how variables like inflation, interest rates, and economic cycles shape credit markets. You’ll explore sector-specific vulnerabilities, global risks, and the interplay between economic conditions and default probabilities. Through case studies and hands-on analysis using real data sources, you’ll learn to evaluate how shifting macroeconomic conditions impact credit quality and risk assessment strategies.

In this module, you’ll navigate high-yield and distressed debt markets, from pricing speculative-grade bonds to analyzing restructuring paths. You’ll compare HY vs. IG risk/return, size recovery-driven trades, and use Excel to model IRR/MOIC under varied default, timing, and recovery scenarios. A case study and a hands-on build, you’ll translate capital-structure, covenant, and liquidity insights into actionable investment theses with clear risk controls.

In this module, you’ll assess collateral and loan structures within credit agreements. You’ll compare secured vs. unsecured lending, interpret covenant packages, and apply practical collateral valuation and recovery techniques. Through short videos, doc reviews, and a hands-on exercise, you’ll identify structural weaknesses and translate findings into lender-ready recommendations.

In this module, you’ll turn ESG signals into credit-relevant insights. You’ll map environmental (transition and physical), social, and governance risks to cash flows, leverage, refinancing, and collateral—then link them to PD/LGD/EAD and pricing. A case study and a document-review exercise help you extract red flags from sustainability disclosures and rating notes, convert findings into covenants/limits, and account for data gaps and greenwashing risk.

In this module, you’ll build and interpret stress tests to gauge portfolio resilience under adverse conditions. You’ll craft scenarios, run Excel-based sensitivities, and read key metrics (PD, LGD, EAD, loss/coverage) in a regulatory context. Short videos, a hands-on model, and a quiz help you translate results into risk limits, capital plans, and action-ready recommendations—while acknowledging model limits and uncertainty.