This course provides an increased awareness of the credit underwriting process. It provides a comprehensive foundation to the lending process including technical and interpretative analysis of financial information from liquidity, solvency, ratio and cash flow analysis to the basics for the completion of a credit approval memorandum. Students will learn the concepts of qualitative analysis including the assessment of industry risk, market risk and management risk. The course provides an understanding of the role of loan policy and the need to summarize the borrowers various risks into an appropriate credit risk rating.
Prerequisites: BAN2210