Certified Credit Research Analyst (CCRA)
The Certified Credit Research Analyst (CCRA) is a comprehensive global education program designed to give an expert level understanding of credit markets to fresh graduates and experienced professionals. It integrates the fundamentals of financial analysis, credit analysis, rating methodologies, credit strategy and structuring. It offers the tools a candidate needs to occupy key positions in the world of finance, private banking, credit ratings and fixed income domain.
The CCRA Certification is being jointly offered by Association of International Wealth Management of India (AIWMI) & National Institute of Securities Markets (NISM).
The content of the CCRA exam has been designed in consultation with most of the world’s leading credit rating companies and financial institutions ensuring that the course focuses specifically on credit analysis knowledge, thus making it the most sought after exam for graduates and working professionals who aspire to a career in Credit Rating firms, Banking and Strategy.
· Only Recognized Global Certification in Credit Research: CCRA is the only available Credit Specialization across the world with exams being offered in around 180 countries.
Job opportunities: There is no other recognized certification that prepares you better, for employment in the field of bank loans, credit analysis, rating and strategy. CCRA will open up these opportunities for you.
Practical Knowledge: CCRA will help you deploy the most comprehensive suite of research, data and tools to analyze and monitor credit analysis on individual securities, companies and industries in the market.
One-on-one access to industry-leading analysts, briefings, webinars and teleconferences.
Access to In-depth reports that dissect the credit strengths and weaknesses of individual companies and transactions.
Market savvy: Learn how to analyze accurate, timely and comprehensive sets of data on company financials, industries and deal performance metrics.
Global Analytical Models: Get insights into risk models, to analyze, screen and monitor individual credits and portfolios.
Multiple perspectives from qualitative to quantitative and from market-based views to fundamental analysis – on the credit quality of your portfolio.
Benefits All: Even for those looking to build their own credit research, rating and risk measurement system, CCRA will help with the necessary knowledge that embeds the deep expertise in credit analysis.
Modes & Eligibility
Regular Mode: A candidate needs to appear for both Level 1 & Level 2 exams
Eligibility: A graduate from any stream (Undergraduate Students can register for exams but would be awarded the final certificate after graduation.)
Expert Mode: A candidate needs to appear only for the Level 2 exam.
Eligibility: CA/ CFA/ FRM/ CIIA
CCRA Exam Structure
|Sr. No.||Name of Module||Type of Questions||Test Duration in minutes||No. of Questions||Maximum Marks||Pass Marks (%)||Negative Marking|
|1||Certified Credit Research Analyst (CCRA) – Level 1||1 Mark MCQ – 40
2 Mark MCQ – 40
|2||Certified Credit Research Analyst (CCRA) – Level 2||1 Mark MCQ – 50
2 Mark Case study MCQ – 35 (7 case studies of 5 questions each)
|Regular Mode||Expert Mode|
|Registration Fee (3 Years validity)||40000||30000|
|Level 1 Exam Fee – (3 Months validity)||3450||Nil|
|Level 2 Exam Fee – 3 months validity||3450||3450|