This article showcases our top picks for the best books on credit risk management. We reached out to industry leaders and experts who have contributed the suggestions within this article (they have been credited for their contributions below).
We are keen to hear your feedback on all of our content and our comment section is a moderated space to express your thoughts and feelings related (or not) to this article This list is in no particular order.
This product was recommended by William Taylor from VelvetJobs
This book is a comprehensive, simple to understand, in depth guide on credit risk management that both professionals and students will gain from.
This product was recommended by Eugene Romberg from We Buy Houses in Bay Area
As a real estate investor – sometimes I would need to establish a line of credit with my seller – in order to get their trust before the deal comes to a close. What I love about the Practice of Lending is how easy it is to read for beginners, and how it uses real-world examples to demonstrate it’s techniques. There’s value in every page, and if you’re looking to mitigate your credit risk and to learn more about how to use it to your advantage, the Practice of Lending is the perfect book for you.
This product was recommended by Brack Nelson from Incrementors
Quite a good read on risk management, with a direction on banks. The clear booklet with its 200 pages does not replace a regular academic work but is very fitting as an introduction to the subject. The name holds what it promises. The book reads well, is easy to read, and has many practical and more or less current examples. Thomas Coleman comes from the banking world, it tailors the topic to banks most times, and the examples are largely from the financial world.
This product was recommended by Tom Winter from DevSkiller
The Handbook of Credit Risk Management goes beyond theory and emphasizes its relatability and applications for aspiring credit risk managers and those who want to upgrade their understanding and skills in the field. It is comprehensive enough to cover the essential topics of risk management frameworks while setting the stage for a deeper understanding of the field. This is recommended as a straightforward introduction to the subject and offers key illustrative descriptions and case studies that will allow even those who have a basic grasp on corporate finance to learn how to manage losses and risks. The financial world is already heavy on concepts, formulas, and frameworks that you need to keep track of in order for your company to be successful. The field of credit risk management requires you to be quick-witted and resourceful, and thus a very worthy topic to dedicate study time to. One of the clear-cut books regarding the subject is The Handbook of Credit Risk Management.