Commercial Credit

Unique Training with Vision Integrity & Commitment to Serve the World

MBA & PGDM in Finance with Commercial Credit Training

Just like plants need a regular supply of water to survive, businesses also need a regular flow of money to sustain. May it be during an emergency, or for regular everyday expenses, businesses often need capital to function for which they can have tie-ups with banks that provide them with a special loan called commercial credit that allows organizations to run smoothly without paying a hefty interest.

So, what makes the commercial credit domain important and a career in commercial credit a lucrative one?

Read on to know it.

What is Commercial Credit?

Commercial credit is a special kind of credit facility available only to selected businesses or organizations. These credits or loans are pre-approved by banks. The only difference is that the interest rate is calculated only on the credit amount that is withdrawn, not on the entire approved credit amount.

There are two types of commercial credits: Secured and unsecured commercial credits. While secured commercial credits are backed by collateral, the unsecured ones are collateral-free. So the interest rates on secured commercial credits are lower than the unsecured ones.

How to Build a Career in Commercial Credit?

Dreaming of building a career in commercial credit after a master’s degree like an MBA or PGDM in Finance but don’t know how? By following these steps, you can build your career in commercial credit.

Educational Foundation

The first step towards a successful career in the job profile of commercial credit is by pursuing an MBA or PGDM degree program in Finance from one of the top B-schools in India, like PIBM, where we have an industry co-designed curriculum with an integrated training course in commercial credit.
Relevant Certifications

Certifications always build credibility for your professional career. Chartered Financial Analyst (CFA) and Commercial Credit Analyst (CCA) certifications can add a huge boost to your career as a commercial credit analyst.
Gaining Relevant Industry Experience

The best way to gain hands-on experience is by enrolling in one of the best MBA Finance colleges in India, like PIBM, where you get dual internship opportunities, live business projects, and numerous corporate events, workshops, & conferences to learn from the industry-leading finance professionals.

How PIBM prepare you for a Commercial Credit Job Profile?

PIBM, one of the best MBA Finance colleges in India, understands the never-ending demand for commercial credit professionals and thus trains the MBA & PGDM students accordingly to build the skills to evaluate the creditworthiness of businesses and determine their ability to repay loans and lines of credit, including those used to purchase equipment and other goods.

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Commercial Credit integrated PIBM’s MBA and PGDM in Finance Curriculum trains the management students to

Conduct financial analysis of a company
Study and analyze Financial statements like income statements, balance sheets, and more
Prepare reports to justify whether or not the company is in a position to take the risk of extending credit to its customers and, if so, the degree of risk involved
Compare how much cash and liquid assets a business has on hand with how much it owes

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Commercial Credit-oriented Certifications & Industry-relevant Tools Training by PIBM’s Renowned Faculty Members

At PIBM, we train you for CFA , CPA and CISI certifications. Our experience-rich Finance faculty, who are well versed with the latest tools like MS Excel , Python, R, ACE Analyzer , Power BI , Tableau , Bloomberg Terminal , and SPSS-Statistical Tool , trains you on them along with how to do Financial Statement Analysis , Balance Sheet Analysis , and Financial Modeling .

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Internships, Live Business Projects, & Corporate Connect

PIBM’s Summer and Winter Internship Programs in Banking organizations, live business projects conducted by finance professionals from renowned organizations, and live corporate sessions on the latest trends and practices in the job-profile of commercial credit provides you with invaluable practical experience.

Benefits of Commercial Credit Training

Commercial credit training offers numerous benefits, including:

Specialized Knowledge

Building expertise in the domain of commercial credit with specialized training.

Improved Decision-Making

Improved ability to analyze creditworthiness and make informed lending decisions.

Better Career Opportunities

Increased job prospects in various sectors such as banking, financial services, and corporate finance.

Adaptability

Prepares you to handle complex financial scenarios and adapt to changing market conditions.

Strategic Thinking

Develops a strategic mindset, enabling you to contribute to long-term business planning and growth.

Commercial Credit Jobs after MBA or PGDM in Finance

Graduates with an MBA or PGDM in Finance can explore various career paths in commercial credit, such as:

Credit Analyst

Evaluating the creditworthiness of individuals and businesses

Risk Manager

Identifying and mitigating financial risks

Loan Officer

Assessing and approving loan applications

Relationship Manager

Managing client relationships and ensuring their financial needs are met

Portfolio Manager

Managing a portfolio of loans and ensuring compliance with regulatory standards

Top Recruiters at PIBM for the Job-profile of Commercial Credit

At PIBM, one of the best PGDM and MBA Finance colleges in Pune, our students are placed at various prestigious MNCs like:

Thus, with PIBM’s MBA and PGDM in Finance, boost your career as a Finance leader in the commercial credit job profile. Enroll in our flagship PGDM program now and unlock new career opportunities.

FAQs

What is Commercial Credit and how does it differ from other types of credit?

Commercial credit is a type of credit facility specifically designed for businesses and organizations. Unlike personal credit, which is extended to individuals, commercial credit is pre-approved by banks for businesses to use as needed. The interest is calculated only on the withdrawn amount, not the entire approved credit limit.

What are the typical career paths in the field of Commercial Credit?

Careers in commercial credit start with entry-level positions such as Credit Analyst or Loan Officer. As you gain experience and expertise, you can advance to roles like Senior Credit Analyst, Credit Manager, or Risk Manager. Ultimately, top career paths can lead to executive positions such as Vice President of Credit, Chief Credit Officer, or even Chief Financial Officer (CFO).

What qualifications are required for a career in Commercial Credit, and how can an MBA or PGDM help?

A career in commercial credit usually requires a strong foundation in finance, accounting, or business administration. A bachelor's degree in these fields is often a minimum requirement. However, an MBA or PGDM with a specialization in finance or commercial credit can significantly enhance one's qualifications. These programs provide in-depth knowledge of financial analysis, risk management, and credit evaluation, along with practical training and internships, making graduates more competitive in the job market.

What is the average salary range for professionals in Commercial Credit?

Entry-level positions like Credit Analysts can expect to earn about ₹7.5 Lakhs annually. With experience, Senior Credit Analysts and Credit Managers can earn between ₹15,00,000 to ₹30,00,000.