Private Credit

Master the skills needed for private credit investing, including credit analysis, risk assessment, and debt structuring. Choose between analyst and associate tracks based on your experience level.

Your Private Credit Journey

A comprehensive approach to mastering private credit investing and risk assessment

1

Credit Fundamentals

Master credit analysis, financial statement analysis, and risk assessment principles

2

Deal Structure & Modeling

Learn debt sizing, covenant analysis, and comprehensive credit modeling

3

Portfolio Management

Understand ongoing monitoring, restructuring, and risk mitigation strategies

Choose Your Track

Two distinct paths for different career stages and backgrounds

Analyst

Analyst Track

For undergraduates and recent graduates targeting private credit analyst roles. Focus on fundamental credit analysis and financial modeling.

Explore Analyst Track →

Key Focus Areas:

  • • Financial statement analysis fundamentals
  • • Basic credit modeling and risk assessment
  • • Industry and market research
  • • Credit documentation and covenant analysis
Associate

Associate Track

For MBA students and experienced professionals targeting private credit associate roles. Advanced credit modeling and deal structuring skills required.

Explore Associate Track →

Key Focus Areas:

  • • Advanced LBO modeling from credit perspective
  • • Complex credit technical questions
  • • Detailed CIM analysis and due diligence
  • • Deal structuring and execution
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Analyst Track: Recommended Courses

Build a foundation for private credit analyst roles

2 courses available

📈 Next Steps

After completing the essentials, these courses will help you stand out and deepen your expertise in this career path.

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Associate Track: Essential Courses

Critical preparation for private credit associate interviews

2 courses available

💡 Pro Tip

Complete these essential courses in order for the best learning experience. Each course builds on concepts from the previous ones.

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Associate Track: Recommended

Deepen your expertise with advanced credit topics

2 courses available

📈 Next Steps

After completing the essentials, these courses will help you stand out and deepen your expertise in this career path.

Private Credit Focus Areas

Understanding what makes private credit unique in the alternative investment landscape

Credit Analysis & Risk

  • Financial Analysis: Cash flow modeling and debt capacity assessment
  • Credit Metrics: Coverage ratios, leverage multiples, and liquidity analysis
  • Risk Assessment: Downside scenarios and stress testing
  • Covenant Analysis: Financial and incurrence covenant structures

Deal Structure & Execution

  • Debt Sizing: Optimal leverage and capital structure decisions
  • Security Structure: First lien, second lien, and mezzanine debt
  • Pricing & Terms: Spread, fees, and economic terms negotiation
  • Portfolio Management: Ongoing monitoring and workout situations

Ready to Start Your Private Credit Journey?

Begin with your specific track or explore universal skills that apply to all credit recruiting