Credit management is the discipline of reviewing, analyzing and setting the terms of requests for credit for a business. In the world of business-to-business (B2B) commerce, sales of goods and services are commonly made on credit with payment to come sometime after delivery. After a salesperson has made a sale for their company, it is the job of a credit manager to determine whether or not the company will allow the sale to be made on credit as well as how big the line of credit should be. This is called “credit decisions.”
The goal of credit managers is to facilitate sales while minimizing risks, for instance, bad debt for their businesses.
1. The Credit Analyst Training Course
This course will teach you the comprehensive skills needed to be a Credit Analyst.
This course will help you to stand in good stead for a potential Credit Analyst profile in the following sectors: Investment banking, Equity Research, Private Equity, Asset Management, Credit Rating Agencies.
Course Highlights:
- Undertake comprehensive credit risk analysis of companies
- Assess qualitatively the business risk factors of any company
- Assess quantitatively the financial risk factors of any company
- Undertake financial ratio analysis
- Estimating the cost of debt financing of any company
Course Duration: 2 hours
2. Basics of Credit Management- A Practical Approach + Quiz
If you are a Branch Head or a Credit Officer working in a bank or a finance company, engaged in creating a quality loan portfolio, this course is meant for you. This course will help you to rise in your career. It will help you to understand the fundamentals of credit, legal aspects, and finance-related aspects and also prepare you to work out the financial statements and analyze them, all by yourself. The focus of this course is to clear the concepts and take you to the world of financial statements and their analysis. You will learn to work out financial statements and analysis through ratios hands down in excel format and take credit decisions as per the bank’s benchmark. The Course is a blend of Conceptual and Practical aspects of Credit Management.
Course Highlights:
- Learning Computation of Working Capital Loan by Applying Turnover Method and MPBF Methods by a banker.
- Understanding Term Loan Characteristics.
- Understanding DSCR Concept as whole and applying the bank’s benchmark ratio for decision making.
- Understanding Break-Even Analysis.
- Learning how to prepare a Depreciation Schedule.
- Learning how to calculate the Repayment Schedule.
- Learning how to calculate Insurance premiums.
Course Duration: 5.5 hours
3. Managing Personal Cash And Credit
The Managing Personal Cash & Credit course is designed for individuals to build financial literacy, one of the most pressing needs Americans face today. Financial decisions made by individuals impact the larger community in significant ways with pervasive costs due to financial mistakes. A recent study by the Financial Industry Regulatory Authority (FINRA) reveals over 50% of Americans have less than $10,000 saved for retirement. In addition, over 50% of Americans have no emergency fund, unable to cope with an unexpected car repair without borrowing funds. Financial literacy is an urgent need for many. In this course, you’ll explore how the use of cash and credit impacts your financial situation.
Course Highlights:
- Choose the right financial institution for your specific financial situation
- Bank online in a cost-effective and secure manner
- Classify liquid assets
- Choosing a checking account that meets your needs
- Compare available returns on a variety of saving products
- Understand saving account features and returns to make the best decision
- Apply for and access open consumer credit
- Evaluate your creditworthiness by the five c’s of credit
- Maintain good standing with your credit card company
- Understand and analyze your credit card statement
Course Duration: 4 weeks (4–6 hours/week)
4. Understanding The Credit And Collections KPIs
At this point in time, your company might be working in a centralized environment, a decentralized or even working from home. As a credit manager, how do you ensure that you are able to keep track of essential company metrics, process efficiency and effectiveness, and analysts’ productivity? Most importantly, how do you report these metrics to sales, and senior management in a way they understand? This course gives you a detailed overview of what your boss, sales, and CFO are looking for in your monthly reports.
Course Highlights:
- The course helps you track your employee performance beyond conventional metrics like DSO and CEI
- The course helps you understand DSO and the 6 ways of reporting it for different stakeholders.
Course Duration: 2 hours
5. 5 C’s of Credit Management: A New Way of Credit Analysis
This free course provides a framework to build world-class trade-credit teams through principles. Credit Analysis is now more than just formulas and a bunch of criteria these days. Why? Because nowadays, every customer is unique and has a unique set of factors to evaluate. In such a case, you could not use the same method of evaluation for all your customers. If you keep using the same old factors, you might end up facing poor debt recovery, and unidentified bankrupt customers that would eventually lead to low cash flow in an organization. To help you address these unique scenarios and challenges, industry veteran Robert Shultz has come up with the new 5 C’s of Credit Management.
Course Highlights:
- Aims at helping credit professionals to analyze customers from their point of view
- Helps to decode customer needs and interests and understand steps to coordinate and integrate among teams for efficiency.
- Understand how to perform a cross-functional team approach for analyzing different customers’ creditworthiness simultaneously.
Course Duration: 50 mins
6. Finance for Non-Finance Professionals
The course will cover the basics of financial valuation, the time value of money, compounding returns, and discounting the future. You will understand discounted cash flow (DCF) valuation and how it compares to other methods. We also step inside the mind of a corporate financial manager and develop the basic tools of capital budgeting. We will survey the how, when, and where to spend money, make tradeoffs about investment, growth, dividends, and how to ensure sound fiscal discipline. Our journey then turns to a Wall Street or capital markets perspective of investments as we discuss the fundamental tradeoff between risk and return. We then synthesize our discussion of risk with our valuation framework and incorporate it into series of direct applications to practice. This course requires no prior familiarity with finance. Rather, it is intended to be a first step for anyone who is curious about understanding stock markets, valuation, or corporate finance.
Course Highlights:
- Serve as a roadmap for where to further your finance education
- Develop an understanding of the major conceptual levers that push and pull financial decision making
- The course walks through all of the tools and quantitative analysis together
- Develop a guide for understanding the seemingly complex decisions that finance professionals make.
Course Duration: 13 hours
7. Credit Control Training Courses
This Credit Control course covers ten modules that provide learners with a comprehensive understanding of credit control and its role in a business. The course begins with an introduction to financial analysis and the importance of understanding financial statements. Throughout the course, learners will develop practical skills in credit control, including managing credit limits, setting payment terms, and monitoring cash flow to ensure debts are paid on time. By the end of the course, learners will have a deep understanding of credit control and the tools and techniques used to manage it effectively.
Course Highlights:
- Understand the role of credit control in a business
- Analyse financial statements to assess a company’s financial health
- Evaluate the creditworthiness of potential customers
- Manage credit limits and set payment terms
- Monitor cash flow to ensure debts are paid on time
- Use ratio analysis to evaluate a company’s financial performance
Course Duration: 11 hours
8. Fundamentals of Credit Management
In this construction credit foundations course, Thea Dudley will walk you step-by-step through the process to manage credit in the construction industry. Whether you are an office manager at a small distributor in Ohio, or you just joined the credit team at a national General Contractor, Thea will give you the knowledge, tools, and skills that take you — and your company — to the next level.
Course Highlights:
Course Duration: 10 hours
9. Intro to Commercial Credit Analysis, Credit Risk and Lending
This course is led by a seasoned commercial and corporate credit industry practitioner and executive with many years of hands-on, in-the-trenches risk analyst work. It has been designed, produced and delivered by Starweaver. Starweaver is one of the most highly regarded, well-established training providers in the world, providing training courses to many of the leading financial institutions and technology companies
Course Highlights:
- Understand the process of credit analysis including risk identification, analysis and mitigation
- Build and apply finance skills to analyze business, financial and structural risks
- Identify the appropriate information requirements for analysis and underwriting
- implement a structure for business risk analysis from macro, industry, and company-specific levels of detail
- Apply industry and company-specific risk analysis tools (including the BCG Matrix and Porter’s 5 Competitive Forces)
- Analyze the key functional areas of a business, including through a SWOT analysis
Course Duration: 7.5 hours
10. An Introduction to Credit Risk Management
This course offers you an introduction to credit risk modelling and hedging. We will approach credit risk from the point of view of banks, but most of the tools and models we will overview can be beneficial at the corporate level as well. At the end of the course, you will be able to understand and correctly use the basic tools of credit risk management, both from a theoretical and, most of all, a practical point of view. For each methodology, we will analyse its strengths as well as its weaknesses. We will do this in a rigorous way, but also with fun: there is no need to be boring.
Course Highlights:
- The definition and the implications of credit risk for banks and other financial institutions
- The most recent risk regulations for banks: Basel II and Basel III
- How to critically use basic measures of risk like Value-at-Risk and Expected Shortfall: computation and interpretation
- The definition and the use of credit ratings
- How to define the probability of default of a counterparty
- Important credit risk models like Merton’s model, Moody’s KMV model, CreditMetrics™ and Credit Risk Plus™
- The basics of Credit Default Swaps (CDS)
- What stress-testing is and why it is useful
Course Duration: 7 weeks (6–7 hours/week)
11. Credit Management
Anyone working in the financial sector, or with an understanding of business operations would draw use from this credit management skills role. However, this course is not limited to experienced professionals. Entrepreneurial teenagers have learnt early on that investment in stock markets can be very profitable. If this is something you would like to learn about, this credit management course could be the first step towards a better understanding of finances.
Course Highlights:
- Able to recognise risk, develop a sound financial understanding and be able to sift through extensive research
- Way to pursue a career in credit management consultant
Course Duration: 7 hours
12. Fundamentals of Credit Management- Alison
This free online course will provide the knowledge required to manage credit and set effective payment conditions. This ‘Fundamentals of Credit Management’ course explores the best credit management techniques to help your customers. It teaches lending principles, setting terms and the various types of borrowers. In addition, this course teaches you how to analyse income statements, examine and interpret ratios like liquidity and solvency ratios and learn about working capital loans and appraisal loan terms.
Course Highlights:
- Explain the principles of lending in businesses
- Discuss the principles of ‘risk spread’
- State the importance of timely repayment of loans
- State the circumstances that lead to the dissolving of the partnership firm
- Identify the various components of the financial statement
- Discuss the primary purpose of the income statement
- Recall the formulas for calculating quick assets and net working capital
- Discuss the principles of the working capital loan system
- Distinguish between the gross and net operating cycle
- Define the term ‘liquid surplus’ as used in computing working capital
Course Duration: 3 hours
