BSE's Certification on Credit Rating (BCCR)


BSE's Certification on Credit Rating(BCCR)

BSE Institute Ltd. conducts a test of 100 marks consisting of 60 questions. The questions are objective type having multiple choices, with a provision of negative marks for wrong answers.

BCCR is awarded to only those candidates who obtain a minimum of 60% marks.

There is no minimum eligibility criterion for taking the test.

Click here to view the list of test centres

To educate the participants about the credit rating process, including the systems, practices, and procedures typically followed; the typical methodology used by rating agencies to assess the debt repayment capabilities of entities across various sectors used by ICRA.

This certification is intended to evaluate your competency in Credit Rating, therefore we do not want to restrict your preparation to a pre-defined course material. Hence no course material will be provided for the certification.

The topics covered in the certification are:

Introduction to Credit Rating
  • Concept of Credit Rating, Limitations of Credit Rating, Use of Credit Rating, Rating Symbols

  • Corporate Credit Rating
  • Business Risk, Financial Risk

  • Project Finance Ratings
  • Analytical framework for Risk Evaluation in Project Finance, Evaluating the Contractual Structure, Financial Evaluation

  • Public Finance Ratings
  • Analytical Framework for Assessing Credit Quality of State Government Finances, The Local Government, Analytical Framework for Assessing Credit Quality of Municipal Corporations

  • Securitization
  • Participants in a Securitization Transaction, Benefits of Securitization, Amortizing & Revolving Structures, Par & Premium Transactions, Credit Enhancement, Asset Backed Securitization, Mortgage Backed Securitization, Collateralized Debt Obligation, Loan sell-offs, Rating Securitization Transactions, Risks Involved in a Securitization Transaction, Special Features in Securitization Transactions, Tranching

  • Rating of Banks and NBFCs
  • Introduction to NBFC, Credit Rating Methodology for Finance Companies, Credit Rating Methodology for Banks

  • Evaluating Quality of Ratings
  • Rating Transitions, Inverse Credit Ratio and Rating Activity, Computing Cumulative Default Rates (CDR)
  • The Certification is for all those who want to understand all about Credit Rating.
  • The Certification is for all those who want to know the practices, procedures and methodology followed by ICRA to enhance transparency and efficiency in debt markets.
  • 120 minutes

    3 years

    Rs.1000.00 + Applicable Taxes

    Candidates interested in taking the test at any of the centres i.e Mumbai, Ahmedabad, Bangalore, Chennai, Cochin, Delhi and Kolkata can make online payment of Rs. 1,150/- through BSE payment gateway by using Credit Card / Debit Card. Candidate can also approach the respective centres with a DD of Rs.1,150/- drawn in favour of “BSE Institute Ltd.” payable at the respective Centre.

    Fees once paid will not be refunded, validity period for the Fees would be 180 days from the date of the payment.


    Phone: 022 – 2272 8856 / 6535 5888

    Certification Examination (Outside Mumbai) for 25 or more candidates:

    For conducting Certification Examination for 25 or more candidates, contact:
    Govind Singh Sailoni 022 – 2272 8062