NISM & Crisil Certified Credit Underwriter Programme
Explore, exploit career opportunities in a perma-growth industry
Credit underwriters play a crucial role in building profitable portfolios for financial institutions. With the NISM & Crisil Certified Credit Underwriter programme, you can stand out from peers and make your mark in the industry by developing special skillsets to shape the outcomes of critical financial decisions at banks and financial institutions.
This training programme has been developed by Crisil’s experts, leveraging our experience, repository of data and intellectual property built over the past few decades. An optimum blend of conceptual learning and case studies / data trends / examples it follows a practitioner’s approach to learning.
How the course works and what can you gain from it:
What will you learn
- Imbibe core concepts of credit risk assessment including industry analysis, business risk evaluation, financial analysis and promoter assessment
- How to assess and understand various products for financing small, medium sized and large businesses
- How financial metrics of corporate performance are calculated and used to assess creditworthiness of a business
- How macroeconomic indicators and market conditions impact bond yields and credit spreads
- How to build capacity to move towards new-age lending
- Enter corporate lending, be able to gauge the ability to pick up big-ticket loans and look at larger credits
- Upgrade and fast-track your career - from retail, MSME, sales to corporate lending
- Expand your career horizon by enhancing your marketability with relevant knowledge and recognition
- Keep pace with latest market trends and best practices followed across the industry
- Validate your existing knowledge and improve your career prospects
NISM & Crisil Certification advantage
The NISM Advantage
Certifications
A total of 27 certification examinations, out of which, 15 are mandated by SEBI and 1 by PFRDA.
Financial literacy
The School for Investor Education and Financial Literacy (SIEFL) aims to cultivate basic financial skills in individuals from all walks of life.
Fostering policy research
The School for Securities Information and Research (SSIR) has made a significant mark in research projects and publications.
Enhancing governance standards
The School for Corporate Governance (SCG) conducts various programmes aimed at improving Corporate Boards' understanding of governance issues.
Professional education
The School for Regulatory Studies and Supervision (SRSS) envisages developing excellence in regulatory technology to support SEBI in its core functions of market surveillance and enforcement.
50,000+
Credit Officers Trained
400+
Organisations
More than 90% of banks use Crisil’s proprietary risk assessment model
India's first and most prominent credit rating agency; announced 26,000+ new Bank Loan Ratings, i.e. one-third of India's banking credit to corporates, till date
More than 90% of India's commercial banking industry by asset base uses Crisil’s industry research to take credit decisions
Largest provider of fixed income valuations in India, servicing ~Rs 107 trillion ($1,573 billion) of outstanding Indian debt securities
Course highlights
Get hands-on learning experience with highly interactive training content
- 50 hours of self-paced learning
- 22 interactive modules
- NISM & Crisil's NCCCU Digital badge
- Online proctored exam
- Real life case studies - 22
- Animations - 90
- Recent regulations/ resource documents - 65
- Market-related data & analysis - 47
- Knowledge checks - 134
Industry Relevance
- Banks
- NBFCs
- AMCs
- Insurance Companies
- Rating Agencies
- Investment Banks
- Institutional Brokers
- Private Equity
Frequently Asked Questions
1. What does NISM & Crisil Certified Credit Underwriter (NCCCU) programme offer?
The NISM & Crisil Certified Credit Underwriter programme readies professionals for a fruitful underwriting career in the financial services industry. The course goes beyond mere concepts and focusses on business insights and challenges, and provides you the relevant knowledge and recognition to enhance your marketability. The content is interactive and exhaustive. It has 22 modules and helps you start and upgrade your career in areas as wide as retail, MSME, sales, and corporate lending.
The NISM & Crisil Certified Credit Underwriter programme readies professionals for a fruitful underwriting career in the financial services industry. The course goes beyond mere concepts and focusses on business insights and challenges, and provides you the relevant knowledge and recognition to enhance your marketability. The content is interactive and exhaustive. It has 22 modules and helps you start and upgrade your career in areas as wide as retail, MSME, sales, and corporate lending.
2. Can I take the course?
Yes, if you have a bachelor’s degree with at least 50% marks, or equivalent cumulative grade point average (CGPA). The course is for graduates who wish to build a fulfilling career in the banking and finance industry, experienced bankers; credit research analysts; professionals working in asset reconstruction companies and consulting firms; professionals seeking to understand debt securities; and those looking to expand their career in commercial and retail finance, credit appraisal, credit monitoring, credit underwriting, loan syndication, stressed asset management, and project finance. And there is no age limit to enrol.
Yes, if you have a bachelor’s degree with at least 50% marks, or equivalent cumulative grade point average (CGPA). The course is for graduates who wish to build a fulfilling career in the banking and finance industry, experienced bankers; credit research analysts; professionals working in asset reconstruction companies and consulting firms; professionals seeking to understand debt securities; and those looking to expand their career in commercial and retail finance, credit appraisal, credit monitoring, credit underwriting, loan syndication, stressed asset management, and project finance. And there is no age limit to enrol.
3. What are my career prospects in credit underwriting industry?
The financial services industry is very dynamic. A credit underwriter today performs various functions — from conducting detailed research on financial history of businesses and individuals for determining their creditworthiness to conducting compliance review of banks’ lending policy, and estimating the relative profitability of the relationship to the organisation. In short, career opportunities are aplenty with banks, institutional brokers, insurance companies, asset management companies, private equity, investment banks, rating agencies and non-banking financial companies (NBFCs).
The financial services industry is very dynamic. A credit underwriter today performs various functions — from conducting detailed research on financial history of businesses and individuals for determining their creditworthiness to conducting compliance review of banks’ lending policy, and estimating the relative profitability of the relationship to the organisation. In short, career opportunities are aplenty with banks, institutional brokers, insurance companies, asset management companies, private equity, investment banks, rating agencies and non-banking financial companies (NBFCs).
4. How will I benefit from the programme?
The NCCCU programme has a sharp focus on training and upskilling. It provides a deep understanding of various credit assessment skills. The course helps you upgrade and fast-track your career. It will expand your career horizon. It follows a practical approach by using market data, industry trends and relevant case studies to facilitate a deeper understanding of concepts.
The NCCCU programme has a sharp focus on training and upskilling. It provides a deep understanding of various credit assessment skills. The course helps you upgrade and fast-track your career. It will expand your career horizon. It follows a practical approach by using market data, industry trends and relevant case studies to facilitate a deeper understanding of concepts.
5. On average, how long does it take to complete the NCCCU programme?
Each module of the course requires about 50 learning hours, and can be bookmarked to enable quick access.
Each module of the course requires about 50 learning hours, and can be bookmarked to enable quick access.
6. What is the course fee?
The registration fee is Rs 16,000 and the exam fee is Rs 2,000 per attempt. The course has 22 e-learning modules, including real-life case studies, recent regulations, resource documents, and market-related data and analysis.
The registration fee is Rs 16,000 and the exam fee is Rs 2,000 per attempt. The course has 22 e-learning modules, including real-life case studies, recent regulations, resource documents, and market-related data and analysis.
7. How do I make the payment?
After the registration, an email is sent to the participant with a payment link. The participant has to make the payment and reply to the email with details of the transaction.
After the registration, an email is sent to the participant with a payment link. The participant has to make the payment and reply to the email with details of the transaction.
8. How long can I access the course?
Access to the course content is valid for two years from the date of purchase.
Access to the course content is valid for two years from the date of purchase.
9. Is the programme online-only?
Yes, it is a completely self-paced, online learning programme with human voice over, clickable interactivities, animations, additional reading material and knowledge checks to assess users.
Yes, it is a completely self-paced, online learning programme with human voice over, clickable interactivities, animations, additional reading material and knowledge checks to assess users.
10. What will I learn through the course?
Mainly, core concepts of credit risk assessment, including industry analysis, business risk evaluation, financial analysis and promoter assessment; various financial products for small, medium-sized and large businesses; and financial metrices of corporate performance. It helps you build capability to move towards new-age lending.
Mainly, core concepts of credit risk assessment, including industry analysis, business risk evaluation, financial analysis and promoter assessment; various financial products for small, medium-sized and large businesses; and financial metrices of corporate performance. It helps you build capability to move towards new-age lending.
11. How can I access the online learning modules?
Access to the e-learning topics will be provided through the NISM platform. Once you complete the purchase, you will receive an email within 48 hours with details to access the course. The credentials to access it will be the same as those used for registration (email and password). You can see the course assigned under Your Courses, on the dashboard page. Click the assigned course and the course content page opens. Click the first module and begin the course.
Access to the e-learning topics will be provided through the NISM platform. Once you complete the purchase, you will receive an email within 48 hours with details to access the course. The credentials to access it will be the same as those used for registration (email and password). You can see the course assigned under Your Courses, on the dashboard page. Click the assigned course and the course content page opens. Click the first module and begin the course.
12. How frequently is the content updated?
The content is updated to incorporate any new concept, or every time there is a change in industry practice or regulation. In addition, analysis of key events, articles and expert videos relevant for a credit underwriter are frequently added. This will keep you abreast of emerging trends and best practices in the credit underwriting space.
The content is updated to incorporate any new concept, or every time there is a change in industry practice or regulation. In addition, analysis of key events, articles and expert videos relevant for a credit underwriter are frequently added. This will keep you abreast of emerging trends and best practices in the credit underwriting space.
13. Can I access the modules on my mobile/tablet?
Yes, the modules are accessible through your mobiles/tablets as these are responsive and adapt to your screen size. However, we recommend using a laptop or a large-screen device for ease of learning and better knowledge retention.
Yes, the modules are accessible through your mobiles/tablets as these are responsive and adapt to your screen size. However, we recommend using a laptop or a large-screen device for ease of learning and better knowledge retention.
14. Can I download the modules?
No. The modules are only accessible online through the Online Learning Platform.
No. The modules are only accessible online through the Online Learning Platform.
15. What is the duration of each module?
Each module is 2-3 hours. However, study hours will vary for every individual. You need not complete a module at one go. Module content is auto bookmarked, and you may choose to pick up from where you stopped.
Each module is 2-3 hours. However, study hours will vary for every individual. You need not complete a module at one go. Module content is auto bookmarked, and you may choose to pick up from where you stopped.
16. How many times can I access the modules?
The modules can be accessed online any number of times over the two years from the date of enrolment.
The modules can be accessed online any number of times over the two years from the date of enrolment.
17. Do I get any learning material printouts/books?
No. However, within modules there are additional reading resources.
No. However, within modules there are additional reading resources.
18. What is the exam schedule?
The exams are scheduled twice a year. The dates for the exam will be published a month in advance. Those wishing to take the exam must make their payments at least 15 days before the exam date. The minimum period to study for the exam is one month – which means the gap between registration for the exam and the exam is one month. All the 22 modules need to be completed before registering for the exam.
The exams are scheduled twice a year. The dates for the exam will be published a month in advance. Those wishing to take the exam must make their payments at least 15 days before the exam date. The minimum period to study for the exam is one month – which means the gap between registration for the exam and the exam is one month. All the 22 modules need to be completed before registering for the exam.
19. What is the structure of the exam and how is it conducted?
The exam will have multiple choice questions (MCQs) and multiple response questions (MRQs). The exam will be conducted online. It will be proctored online through your laptop/desktop webcam. The duration is three hours. You have to answer 150 questions.
The exam will have multiple choice questions (MCQs) and multiple response questions (MRQs). The exam will be conducted online. It will be proctored online through your laptop/desktop webcam. The duration is three hours. You have to answer 150 questions.
20. How many times can I attempt the exam?
The exam can be taken any time within the licence period as per the pre-defined schedule. In case the licence period expires, you have to re-register for the programme.
The exam can be taken any time within the licence period as per the pre-defined schedule. In case the licence period expires, you have to re-register for the programme.
21. What percentage should I get to pass the exam?
60%.
60%.
22. Will my wrong answers get negative marks?
No.
No.
23. What will be the format for exam scores?
Exam scores will be listed in percentages.
Exam scores will be listed in percentages.
24. How can I renew the certificate?
Candidates are required to obtain six points, i.e., complete six hours of online learning to renew their certification every three years. A renewal fee of Rs 4,000 will be levied for an online refresher course and certificate re-validation.
Candidates are required to obtain six points, i.e., complete six hours of online learning to renew their certification every three years. A renewal fee of Rs 4,000 will be levied for an online refresher course and certificate re-validation.
25. Do I get placement opportunities/support?
NISM and Crisil do not provide active placement support. However, the course is designed to provide practical insights into various aspects of credit underwriting, which will help you get the desired job. Also, both NISM and Crisil have been conducting training programmes for organisations in the BFSI space for several years. This provides credence and acceptability to the NCCCU programme.
NISM and Crisil do not provide active placement support. However, the course is designed to provide practical insights into various aspects of credit underwriting, which will help you get the desired job. Also, both NISM and Crisil have been conducting training programmes for organisations in the BFSI space for several years. This provides credence and acceptability to the NCCCU programme.
26. Can I cancel the registration?
No. Once registered, you cannot cancel it.
27. How can I get help with technical issues while accessing the modules online?
Please email us at crisil1academy@crisil.com.
Please email us at crisil1academy@crisil.com.
28. How will I get the certificate?
The certificate will be emailed to you. You will also get a NCCCU digital badge, which will validate your mastery in credit underwriting.
NISM & Crisil
Certified Credit Underwriter Programme
Your differentiator in the exciting and challenging credit assessment space