INTRODUCTION TO CREDIT ANALYSIS & TRADING

Prerequisites & course information

Requisites: ( FINANCE 305 , 325 , and ECON/FINANCE 320 ) or declared in undergraduate Business Exchange program Course Designation: Core GenEd - Mathematics & Quantitative Reasoning Grad 50% - Counts toward 50% graduate coursework requirement Repeatable for Credit: No Last Taught: Fall 2026 Learning Outcomes: 1. Forecast a company's financial capital structure, liquidity and credit metrics, which will indicate whether the credit profile will improve or deteriorate. Audience: Both Grad & Undergrad 2. Identify the qualitative and quantitative factors that go into evaluating a company’s current and future credit profile and assigning credit ratings. Audience: Both Grad & Undergrad 3. Develop a Bloomberg Launchpad to monitor news and markets and use Bloomberg to evaluate relative value of bonds, loans and credit default swaps. Audience: Both Grad & Undergrad 4. Explain the similarities and differences in evaluating industrials, financial institutions, municipals and developed and emerging market sovereign debt. Audience: Both Grad & Undergrad 5. Read and evaluate corporate credit documentation including bank credit agreements and bond prospectuses. Audience: Both Grad & Undergrad 6. Describe the hierarchy of decisions and different strategies for managing fixed income portfolios and how to evaluate performance vs a benchmark. Audience: Both Grad & Undergrad 7. Prepare comparable (comps) sheet analysis for financial and sovereign issuers and identify trading opportunities. Audience: Graduate Learning Outcomes: 1. Forecast a company's financial capital structure, liquidity and credit metrics, which will indicate whether the credit profile will improve or deteriorate. Audience: Both Grad & Undergrad 2. Identify the qualitative and quantitative factors that go into evaluating a company’s current and future credit profile and assigning credit ratings. Audience: Both Grad & Undergrad 3. Develop a Bloomberg Launchpad to monitor news and markets and use Bloomberg to evaluate relative value of bonds, loans and credit default swaps. Audience: Both Grad & Undergrad 4. Explain the similarities and differences in evaluating industrials, financial institutions, municipals and developed and emerging market sovereign debt. Audience: Both Grad & Undergrad 5. Read and evaluate corporate credit documentation including bank credit agreements and bond prospectuses. Audience: Both Grad & Undergrad 6. Describe the hierarchy of decisions and different strategies for managing fixed income portfolios and how to evaluate performance vs a benchmark. Audience: Both Grad & Undergrad 7. Prepare comparable (comps) sheet analysis for financial and sovereign issuers and identify trading opportunities. Audience: Graduate