FAQs
ABOUT THE QUALIFICATION
The qualification is relevant to both buy and sell-side professionals, particularly those in:
- Corporate and commercial banking
- Risk management
- Credit departments
- Capital markets
- Credit research
- Investment management
- The syllabus provides a compact, rigorous grounding in credit, designed specifically for those who work in credit related roles.
- GCC is a practical and modern qualification which focuses on applying credit skills and covers current topics such as ESG and impact of tech on credit.
- With an enhanced skillset, candidates will be equipped to make better credit decisions and communicate more effectively across the institution.
- The program is designed and delivered by top credit practitioners, so participants will gain relevant and contemporary knowledge.
- Successful candidates will be awarded a certificate, will be invited to join the Global Institute of Credit Professionals, and will be allowed to use the MICP designation (‘Member of the Global Institute of Credit Professionals’).
The qualification covers both credit knowledge, and practical application of credit analysis, and examines institutional and behavioral elements affecting credit decision processes. The syllabus explores contemporary issues including ESG, AI and the impact of financial technology on both corporate creditworthiness, and on the tools credit professionals use.
The Level 1 Exam focuses on building credit knowledge and covers qualitative and quantitative credit risk analysis principles.
The Level 2 Exam focuses on analytical application of learning from Level 1 Exam through practical examples and case-studies. It examines topics in behavioral finance and the credit decisioning environment. Level 2 Exam also includes a spotlight on ESG in credit and other contemporary issues affecting institutional credit.
All of the GCC trainers have 15+ years of credit experience working for major financial institutions, and have extensive training experience.
GCC is delivered in all major regions: EMEA, APAC and Americas.
The GCC is open to both institutional clients and individuals. You can purchase the GCC through our cohort page. If you would like to learn more about the available options, you can contact us.
You can sign up for the course in our cohort page. For larger groups, please contact us.
ABOUT THE STUDY OPTIONS
Available study options include live training (in-person and virtual), and a self-study option.
Candidates learn using detailed study notes covering the entire syllabus and via the eLearning resources. Candidates also have access to practice questions, mock exams and case studies. All of the candidate learning resources are available via the online learning portal.
We expect the qualification to take between 50-100 hours of study for each of the two levels. The time will vary depending on the candidate’s prior level of experience. Candidates with no previous experience, who are starting fresh, are likely to need around 100 hours of study (including classroom). Active professionals are likely to need around 50 hours (including classroom).
The shortest time to complete the qualification is 3-6 months for both levels combined, depending on candidate’s experience.
Candidates can access course materials and eLearning via the online learning portal as soon as they have been registered. It is recommended that the candidates complete self-study before coming to the classroom training. Candidates starting the GCC are recommended to follow the study guide.
As the GCC is a designated qualification, customization is not possible. There is, however, flexibility in the delivery method (online-only, in-person, and self-study), as well as the remotely invigilated exams.
ABOUT THE EXAMS
There are 2 levels of exams.
Level 1 Exam has 80 multiple choice questions and lasts 3 hours.
Level 2 Exam has 50 multiple choice questions of which 80% are case study based. It lasts 3 hours.
The exams are remotely invigilated so can be taken in a place and at a time of candidate’s choice.
The GCC pass mark is not published. However, we recommend that candidates aim to achieve 75-80% in the mock exams for both levels. Achieving the score means that they should be well prepared to pass the actual exams.
Candidates will receive their certificate after successfully passing Level 1 and Level 2 exams. Successful candidates will also be eligible to use the professional designation ‘MICP’ (Member of the Global Institute of Credit Professionals).
When candidates pass the Global Credit Certificate, they are eligible to use the professional designation ‘MICP’ (Member of the Global Institute of Credit Professionals) to demonstrate their expertise. The Institute offers exclusive benefits to GCC alumni.