Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Best credit analyst certifications
The best certifications for a credit analyst are Chartered Financial Analyst (CFA), Certified Public Accountant (CPA), and Certified Management Accountant (CMA).
Credit analyst certifications demonstrate your competency as a credit analyst to employers. However, not all credit analyst certifications provide the same value.
Below is a list of the best credit analyst certifications. Obtaining a credit analyst certification will give you a leg up when you apply for jobs and increase your potential salary.
10 best certifications for credit analysts
10 best credit analyst certifications
1. Chartered Financial Analyst (CFA)
The CFA charter is recognized as the definitive standard by which to measure the competence, integrity, and dedication of serious investment professionals.
- More than two years of education or training after high school required? Yes
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required?
2. Certified Public Accountant (CPA)
Certified Public Accountant candidates must pass a national exam certifiying that they are eligible to be licensed in the state(s) of their choosing. Information about state licensing requirements is made available in the Licensed Occupation tool.
- More than two years of education or training after high school required? No
- More than two years of work experience required? No
- Oral or written exam required? Yes
- Renewal required?
3. Certified Management Accountant (CMA)
The CMA (Certified Management Accountant) is the advanced professional certification specifically designed to measure the accounting and financial management skills that drive business performance.
- More than two years of education or training after high school required? Yes
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? Every 1 year(s)
4. International Accredited Business Accountant (IABA)
ACAT seeks to ensure that all accredited individuals possess both the theoretical knowledge and the practical knowledge necessary to be successful practitioners. For that reason, candidates for accreditation must satisfy an experience requirement before becoming fully credentialed: three years of related work experience, up to two of which may be satisfied through college credit. Related work experience includes verifiable experience in accounting, financial services, or other field requiring a practical and theoretical knowledge of the subject matter covered on the ACAT Comprehensive Examination for the International Accredited Business Accountant. Those who pass the exam but who have not met the experience requirement may market themselves as having passed the ACAT Comprehensive Examination for International Accredited Business Accountant, but are not entitled to use the IABA designation.
- More than two years of education or training after high school required? No
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? No
5. Certified Sales Professional (CSP)
The Certified Sales Professional (CSP) program gives a thorough understanding of consultative selling. From business creation to improved time and territory management; goal-setting to prospecting, and everything in between, attendees return to the territory with a renewed enthusiasm for selling.
- More than two years of education or training after high school required? Yes
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? Every 3 year(s)
6. Professional Credit Specialist (PCS)
Certification enables you to make your clients, customers, colleagues,employers and others with whom you do business aware of the knowledge and skill you have invested in your career in the credit industry.
- More than two years of education or training after high school required? No
- More than two years of work experience required? No
- Oral or written exam required? Yes
- Renewal required? Every 5 year(s)
7. Certified Professional, Life and Health Insurance Program (CPLHI)
The Certified Professional, Life and Health Insurance Program (CPLHI) Program is a three-course education program in Bahasa Indonesia specifically designed to meet the industry education requirements of professionals in Indonesia. Recognized by the Insurance Directorate, Ministry of Finance and the Life Assurance Association of Indonesia (AAJI), who also requested LOMA create the program, the CPLHI Program provides a comprehensive business education for life and health insurance professionals.
- More than two years of education or training after high school required? No
- More than two years of work experience required? No
- Oral or written exam required? Yes
- Renewal required? No
8. Certified Medical Office Manager (CMOM)
Experienced medical office professionals with exceptional administrative skills are eligible to sit for the Certified Medical Office Manager (CMOM) exam. To attain CMOM certification, all candidates must demonstrate a high level of knowledge in financial management, managed care contracting, personnel, and time management. Risk management, medical record keeping and facility management issues should also be mastered.
- More than two years of education or training after high school required? No
- More than two years of work experience required? No
- Oral or written exam required? Yes
- Renewal required?
9. Certified Information Technology Professional (CITP)
A Certified Information Technology Professional (CITP) is a Certified Public Accountant recognized for his or her unique ability to provide business insight by leveraging knowledge of information relationships and supporting technologies.
- More than two years of education or training after high school required? Yes
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? Every 3 year(s)
10. Project Management Professional (PMP)
The PMP designation following your name tells current and potential employers that you have demonstrated a solid foundation of knowledge from which you can competently practice project management.To be eligible for a PMP Credential, you must first meet specific educational and project management experience requirements and agree to adhere to a code of professional conduct. The final step to becoming a PMP is passing a rigorous multiple-choice examination designed to objectively assess and measure your ability to apply project management knowledge in the following six domains: initiating the project, planning the project, executing the project, monitoring and controlling the project, closing the project, and professional and social responsibility. This computer-based examination is administered globally with translation aids in 10 languages.
- More than two years of education or training after high school required? No
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? Every 3 year(s)
What is the best certification for a credit analyst?
The best credit analyst certification is Chartered Financial Analyst (CFA). The Chartered Financial Analyst (CFA) is awarded by the CFA Institute. The advanced certification is for more experienced employees as it often requires some work experience to acquire.
Here's a bit more background on how to obtain this credit analyst certification:
- To become a certified Chartered Financial Analyst (CFA), you need to pass the exam.
- This certificate requires more than two years of work experience.
- Renew certification every year.
What are some of the most in-demand certifications for credit analysts?
The most in-demand credit analyst certification is Chartered Financial Analyst based on all active job postings. Having this credit analyst certification will give you access to more credit analyst jobs with higher salaries.
What certifications can impact a credit analyst career and salary?
The Chartered Financial Analyst certification will help you to secure a investment analyst position, which will increase your pay and career trajectory. A investment analyst's average salary is $83,923 whereas credit analysts make an average salary of $61,422.
The most common combination of credit analyst certifications include: Chartered Financial Analyst (CFA), Certified Public Accountant (CPA), and Certified Management Accountant (CMA).
Online courses for credit analysts to earn certifications
1. GST - Using input tax credit
GST, if applicable, can be paid in cash or through the utilization of input tax credit, also commonly known as ITC. In this course, you will learn about the concept of the input tax credit, conditions , and restrictions on availing and utilizing ITC, legal requirements and procedures for reconciliation of ITC , and the concept of distribution of ITC. Input tax credits, along with valuations, play an important role in the pricing of goods and services. This course provides a platform for...
2. Intro to Commercial Credit Analysis, Credit Risk and Lending
Commercial Credit Underwriting Lending & Commercial Credit Financial Analysis Credit Risk Foundations...
3. The Credit Analyst Training course
Learn the complete Credit Risk Analysis skills for jobs in Banks, Asset Management & Credit Rating Agencies...
4. Credit Repair: The Total Guide to a Great Credit Score
Credit Repair: A step-by-step plan to begin improving your credit within one hour of starting! Over 7,000 students!...
5. Banking Credit Analysis Process (for Bankers)
Course for Bankers, Consultants and managers to Understand Credit Analysis Process from Indian Context...
6. Option Spreads and Credit Spreads Bundle
This 2-course bundle on Option spreads and Credit Spreads surgery is the bedrock of stable Monthly Strategies...
7. #1 Kick A#S Credit Repair Course - Fully Loaded 150+ Letters
Step By Step Course With 150+ Dispute Letter Templates, Dispute Flowchart,Diy Credit Repair Workbook, Ebooks And More!...
8. Credit Risk Modeling in Python
A complete data science case study: preprocessing, modeling, model validation and maintenance in Python...
9. Step-by-Step Guide to Getting the Business Credit You Need
The most comprehensive, step-by-step course to set up any business with credit...
10. Financial Accounting-Debits & Credits-Accounting Transaction
Masterclass: Learn Accounting Principles, Financial Statements, Transactions & More in this Comprehensive Course...
11. Credit Card Security Basics
This brief course is designed to meet the PCI DSS requirements of frontline staff who handle payment cards...
12. Travel Hacking and Credit Card Reward Basics!
Credit cards offer HUGE sign up bonuses!...
13. International Trade Finance - Letter of Credit & UCP 600
Letter of Credit UCP 600 Articles Introductory Guide to CDCS Exam...
14. Get Credit for Your EIN That's Not Linked to Your SSN
How to Get Credit for Your Business Regardless of Cash Flow, Consumer Credit Quality, or Collateral...
15. Real-time Credit card Fraud Detection using Spark 2.2
Real time Credit card Fraud detection using Spark Streaming, Spark ML, Kafka, Cassandra and Airflow...
16. Financial Accounting: The Complete Introductory Crash Course
Learn the Basics of Financial Accounting: Financial Statements, Debits and Credits, The Accounting Cycle and More!...
17. PCI (Payment Card) Standards for Corporate Professionals
This course covers relevant aspects of the PCI Data Security Standard for processing credit card data...
18. Practical Course in Goods and Services Tax
Learn GSTR1 and GSTR2 Returns,GSTR3B Monthly return & GSTR9 Annual return...
19. Principles of Financial Accounting
Learn the complete accounting cycle -recording business transactions to presenting the Balance Sheet & Income Statement...
20. Financial Accounting & Excel-Comprehensive Accounting Course
Comprehensive accounting course to learn the accounting cycle in a practical way and pick up critical Excel fundamentals...