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AIWMI Certified Credit Research Analyst Level 2 : CCRA-L2

CCRA-L2

Exam Code: CCRA-L2

Exam Name: Certified Credit Research Analyst Level 2

Updated: Jun 21, 2026

Q&A Number: 85 Q&As

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AIWMI CCRA-L2 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Understanding Credit Spreads, Trading on Credit Spreads
  • Ratio Analysis, Financial Modelling and Covenant Testing
Topic 2
  • Nuances of Accounting: Inventories, Depreciation, EPS, Intangible Assets
  • Analysis in a Multi Asset Class portfolio
Topic 3
  • Nuances of Leases, Hire Purchase, Pension Liabilities
  • Rating of Asset Backed and Mortgage Backed Securitization Transactions
Topic 4
  • Bond Valuation Measures including Swaps, OAS, YTW, YTM
  • Classification of Investments in Financial Assets
Topic 5
  • Loan documentation, Covenants analysis and Trends
  • Ratings For Financial Institutions And Banks, Sovereign Ratings, Internal Rating models(Basel)
Topic 6
  • Preparation of Credit Proposal and Credit Appraisal, Capital Budgeting Methods
  • CRA Regulations and Debt Guidelines

Reference: https://www.aiwmindia.com/designations/certified-credit-research-analyst-ccra/

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AIWMI CCRA
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