The course will be offered online via Moodle. 

In large parts, the course will closely follow the book "Credit risk modeling using Excel and VBA" by Gunter Löffler and Peter N. Posch. It is available electronically via the university library.

• Make you familiar with state-of-the art credit analysis used by banks, rating agencies, fund management, supervisory authorities
• Quantitative yet practical
• Computer-aided exercises
• Prerequisites: Basic financial theory, statistics
• Career relevance: banking, corporate finance, rating agencies, fund management, supervisory authorities, consulting, accountancy.

• Single-obligor credit analysis
• Credit portfolio risk
• Bank regulation
• Credit derivatives, securitization and the recent financial crisis

For more information about the course content, please see the module description.

The following textbook has the biggest overlap with the course:

Löffler/Posch: Credit Risk Modeling using Excel and VBA, Wiley.

It is available electronically via the university library.