Credit Analysis and Credit Risk Management

Measuring and managing credit risk are among the major challenges for any lender. Credit analysis and risk management draw heavily on the hard sciences of accounting, finance, derivatives, and quantitative methods. Uncover the process of credit analysis by evaluating financial ratios, cash flows, and the firm’s objectives compared to its industry peers. Assess hedging techniques and the suitability of credit derivative products to hedge credit risk. Using both conceptual and numerical examples, analyze the interaction among credit risk and other types of risk and identify accounting and financial “shenanigans.”