This course will give you the skills you need to assess and effectively manage credit risk. On completion of the course you will be able to: minimise the cost of a possible bad outcome; use techniques for transferring credit risk; maximise the benefit from positive aspects of risk; recognise changes in volatility of credit risk and understand the; implications of differences in volatility; understand credit risk in the context of other complex interrelated risks; interpret financial information; recognise the default event and identify remedial measures; better identify legitimate and illegitimate use of off-balance; sheet instruments; understand the fundamental lending proposition; manage credit risk in portfolios, loans and instruments; critically evaluate common credit management models; know when to apply and when not to trust analysis tools;use credit derivatives in an integrated credit management model.