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AIWMI CCRA-L2 (Certified Credit Research Analyst Level 2) Certification Exam is a globally recognized certification program for credit research analysts. The program is designed to provide professionals with a comprehensive understanding of credit research concepts, industry practices, and analytical tools. It emphasizes practical applications through real-life case studies, projects, and simulations to impart the knowledge and skills required to excel in the field of credit research.
Reference: https://www.aiwmindia.com/designations/certified-credit-research-analyst-ccra/
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The AIWMI CCRA-L2 course is aimed at professionals, who want to gain expertise in credit research analysis, fixed income markets or making investment decisions. The CCRA-L2 is a level 2 qualification, which means that it is more advanced, and it builds on knowledge and skills that professionals must have acquired from the lower-level course, CCRA-L1.
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The CCRA-L2 Exam covers a wide range of topics including credit risk management, corporate finance, financial statements analysis, macroeconomic analysis, and industry analysis. The program is designed to provide candidates with the necessary skills and knowledge to excel in their careers as credit research analysts. Certified Credit Research Analyst Level 2 certification is ideal for professionals who are looking to take their careers to the next level and for those who are seeking to enhance their knowledge and skills in credit research analysis. The program is rigorous and requires candidates to have a strong foundation in finance and credit research analysis. Successful completion of the CCRA-L2 Exam is a testament to a candidate's expertise in the field and is highly valued in the finance industry.
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| Section | Weight | Objectives |
|---|---|---|
| Credit Monitoring, NPA & Securitization | 25% | - Early warning signals and credit monitoring framework - Stressed assets, NPA valuation, and restructuring - Securitization, ABS/MBS rating, and credit enhancement |
| Credit Risk Models & Corporate Finance | 15% | - Credit risk modeling and stress testing - Debt covenants, capital structure, and working capital |
| Credit Rating – Internal and External | 25% | - Rating methodologies for corporates, banks, and sovereigns - Basel framework and internal rating models - Fundamentals of credit rating and risk assessment |
| Credit Strategy and Portfolio Management | 25% | - Yield curves, credit spreads, and interest rate risk - Multi-asset credit analysis and portfolio strategies - Distressed debt analysis and systemic risk |
| Regulations & Advanced Analysis | 10% | - Credit regulatory guidelines - Advanced financial statement analysis & forecasting |
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