ccap brochure

CERTIFIED ANALYST PROGRAMME

CRISIL CERTIFIED ANALYST PROGRAMME

Batch IX (2015-2017)

DISCOVER POTENTIAL YOUR HIDDEN

Dear Aspirant,

Congratulations on choosing to enroll for the ninth batch of the CRISIL

Certified Analyst Programme (CCAP)!

CRISIL, a global analytical company providing ratings, research, and

risk and policy advisory services, has always strived to make markets

function better. As part of that goal, the CCAP programme leverages

CRISIL's recognised analytical superiority to groom world-class

financial analysts right here in India.

CCAP is a rigorous blend of classroom learning and practical

application of that knowledge in real-world scenarios. The programme

is administered by an expert faculty, both external and in-house, and

provides candidates a well-rounded understanding of the financial

markets and how they work.

CCAP is today a fertile ground for producing exceptional analysts.

Year after year, CCAPians, as the participants are known have

proved their mettle both within CRISIL and in the industry.

The financial markets are becoming increasingly complicated, and

the world needs high-quality analysts who can make sense of them.

So if you have a desire to build a career in this domain, CCAP will show

you the way.

I look forward to having you on board with us!

Wishes,

G. Ravishankar

President, Human Resources

January 2015

Message from the President, Human Resources

1

Global Research & Analytics

Largest and top-ranked provider of high-end research

and analytics to the worlds largest financial institutions

and leading global corporations

Works with 12 of the top 15 global investment banks

Client list includes 30 Fortune 500 companies, across a

range of industries

About CRISIL

Our Businesses

CRISIL is a global analytical company providing ratings, research, and risk and policy advisory services.

We are India's leading ratings agency. We are also the foremost provider of high-end research to the world's largest banks and

leading corporations. With sustainable competitive advantage arising from our strong brand, unmatched credibility, market

leadership across businesses, and large customer base, we deliver analysis, opinions, and solutions that make markets

function better.

Our defining trait is our ability to convert data and information into expert judgements and forecasts across a wide range of

domains, with deep expertise and complete objectivity. At the core of our credibility, built up assiduously over the years, are our

values: Integrity, Independence, Analytical Rigour, Commitment and Innovation.

CRISIL's majority shareholder is Standard and Poor's (S&P). Standard & Poor's, a part of The McGraw-Hill Companies

(NYSE:MHP), is the world's foremost provider of credit ratings.

Research

Indias largest independent research house, providing

comprehensive research coverage to more than 1200

Indian and global customers

Provides coverage on 70 industries

90 per cent of Indias commercial banks are our

customers

Largest independent equity research house in India

Official provider of valuations to all mutual funds in

India

Helps Employees Provident Fund Organisation

(EPFO) select fund managers

CRISIL Risk and Infrastructure Solution (CRIS)

Offers a wide range of solutions focused on

infrastructure policy, corporate advisory, integrated risk

management and associated consulting services

Serves a variety of clients, including government bodies,

multilaterals, banks and infrastructure companies

Practical and innovative solutions in 31 countries

Client roster includes 50 financial institutions in India and

abroad

Flagship product, RAM, is Indias leading internal risk

rating solution

*Wholly-owned subsidiary of CRISIL


Ratings

Indias first, largest, and most prominent credit rating

agency

`36 trillion of debt rated

Market share in bank loan ratings exceeds 50 percent

Rates two-thirds of bonds outstanding in India

Highest number of outstanding SME ratings in India

2

CCAP is a two-year intensive work-cum-study programme that combines job assignments, interactive workshops and

classroom sessions to equip the learner with exceptional financial and business skills. The programme is aimed at developing

world-class financial professionals for various

analyst roles in CRISIL. The candidates can

look forward to career growth and an

attractive package on a par with the industry.

The programme has gained acceptance from

the industry, CRISIL clients and the

academia.

CCAP Design

The programme kickstarts with a special six-week intensive finance boot-camp. Subsequently, participants are allocated to

business units of CRISIL where they work four days a week from Monday to Thursday. Classes are held on Fridays and

Saturdays. The learning and growth path of the participants is closely monitored to ensure exposure to opportunities that will

facilitate their career progression.

The course comprises four semesters of six months each, during which rigorous academic training is provided on a range of

finance-related subjects.

The programme has been designed keeping in mind domestic and global business needs, and after thoroughly analysing the

existing curriculum of MBA, CA, CFA and FRM programmes. CCAP ensures that each participant develops an in-depth

understanding of financial concepts. This will enable the participants to undertake analytical assignments not just at CRISIL,

but elsewhere in the industry as well.

CCAP Location

The programme will be conducted entirely in Mumbai. Selected participants will have to make their own arrangements for

accommodation and local conveyance in Mumbai.

Batch Size

The intake for the batch of 2015-17 will be approximately 50 participants.

Salary

Participants will be paid an annual salary of ` 1.25 lakhs p.a. during the first year, and ` 2.25 lakhs during the second year of the

programme.

At the end of 2 years, the participants will be paid a minimum salary of ` 6 lakhs p.a. (plus performance-based variable pay).

CFA/FRM Reimbursement

For every level cleared during CCAP, the participant will receive a one-time award of up to ` 25,000.

Anushree Naik

Batch 2014-2016, CCAP Associate, CRISIL Risk & Infrastructure Solutions

CCAP's unique work-cum-study format gives us both theoretical

knowledge as well as hands-on experience. The guidance and supervision

provided by eminent faculty members and the strong leadership team of

CRISIL acts as a great platform to jumpstart our career in the field of

finance. I believe there can be no better way to learn.

About CRISIL Certified Analyst Programme

3

CCAP Batch 6 (2011 13)


Who should apply?

We are looking for young professionals with

An interest in finance

An analytical bent of mind

Good communication skills

High level of enthusiasm and initiative

An interest in a long-term career with CRISIL

Development through on-the-job learning/ work exposure

Along with classroom learning, CCAPians also work on live projects

in the different CRISIL businesses. Some of the tasks carried out by

CCAPians during the two years are listed below:

Credit analysis of fixed income instruments issued by corporates,

banks and financial institutions

Feasibility studies and market assessments

Assisting government and private clients in infrastructure projects

Consulting services, design and implementation of specialised risk

management models and systems for financial institutions and

domestic/global banks

Supporting global clients in the research, analysis and assessment of

equity, credit and derivatives instruments

Tracking the financial performance of many Indian/global listed

companies

CCAP was a 'stepping stone' for my career. The

two years I spent in the programme helped me

both in my professional as well as personal life,

and made me a more responsible individual.. This

journey allows you to interact with the brightest

minds in the industry, which helps to expand your

scope of thinking. The two years were definitely a

great investment made.

Rohit Mundra

Batch 2010-12, Credit Analyst, Global Analytical Center

4

CCAP was a 'stepping stone' for my career. The two years I spent in

the programme helped me both in my professional as well as

personal life, and made me a more responsible individual.. This

journey allows you to interact with the brightest minds in the industry,

which helps to expand your scope of thinking. The two years were

definitely a great investment made.

Shivani Rathore

Batch 2009-11, Manager, CRISIL Ratings

I joined CCAP with the clear objective of

learning financial analysis and related

disciplines. The programme structure

provides an excellent platform for

'learning by doing', and I believe there is

no better way to learn any skill. My tenure

at CRISIL has further strengthened this

belief, and my understanding and

confidence have grown with each

assignment. The open culture that CRISIL

offers as an organisation also fosters

learning and growth.

Shiva Mitra

Batch 2010-12, Analyst, Research

CCAP is the ideal link between theory and practice. This two year

fast track course enabled me to work full-time, enjoy the lectures

conducted by top professors and industry experts, leading to a

focused career path. The working atmosphere in CRISIL assisted

me in applying what I learnt in classroom while dealing with the

complexities and dynamics of working in a team. The diverse mix of

high-potential students added exponentially to the learning curve

through intellectually stimulating discussions.

CCAP Academics

The Curriculum

The programme will cover more than 20 subjects in finance, in addition to conducting workshops on developing individual and

leadership skills. The continuous evaluation process will assess learning outcomes on the various courses.

Other workshops along with the above curriculum :

Workshop by industry experts which will provide the participants with practical insights into their areas of specialisation

within finance.

Skill development workshops to enhance the overall analytical abilities and soft skills of the participants.

Indicative Course Outline

Semester I

Core Courses

1. Basic Financial Accounting

2. Business & Corporate Law

3. Business Statistics

4. Commercial Banking

5. Financial Institutions & Markets

6. Financial Statement Analysis - Basics

7. Micro Economics

8. Cost & Management Accounting

Core Courses

1. Credit Analysis

2. Corporate Finance

3. Equity Valuation

4. Financial Derivatives Basic

5. Fixed Income Securities Basic

6. Financial Statement Analysis - Advanced

7. Macro Economics

Semester II

Core Courses

1. Econometrics

2. Financial Derivatives - Advanced

3. Fixed Income Securities - Advanced

4. International Trade & Finance

5. Project Appraisal

Core Courses

1. Financial Risk Management

2. Mergers & Acquisitions

3. Project Management

4. Security Analysis and Portfolio Management

5. Structured Finance

Semester III Semester IV

5

CCAP Faculty:

The CCAP faculty includes professors from the top business schools, senior CRISIL professionals and industry experts.


CCAP participants will be assessed on both - job and academic performance

Performance Assessment

Participants will be evaluated based on competencies

identified for the role and the actual performance of assigned

tasks. This evaluation will be undertaken every semester.

Academic Assessment

There would be ongoing evaluations during the course along

with an end-term examination. Evaluation can be in the form of

class tests, quizzes, assignments, project work and case

studies.

On successful completion of the programme, all participants will

continue working with their respective businesses, at an increased

salary of at least `6 lakh per annum (plus performance-based

variable pay). They will be designated on a par with the campus

recruits from business schools, who currently join CRISIL as

Management Trainees.

Growth following CCAP completion

Growth within the organisation will depend on the individual's

performance. CRISIL is a meritocratic organisation that believes in

rewarding its employees for superior performance and in promoting

employees with potential.

On Completion of the Programme

Participant Evaluation

6

Joshua

Batch 2012-2014, CCAP associate, Infrastructure Advisory,

CRISIL Risk & Infrastructure Solutions

CCAP for me was full of ups and downs. The 'ups' build

confidence and give you a sense of accomplishment, but

the 'downs' provide valuable experience and learning.

Both are clearly required for a long and successful career,

irrespective of the field one chooses to work in. Being a

fresher, the course has provided me with a steep learning

curve as well as a gradual easing into corporate life

Gautam Pal

Batch 2007-09, Associate Director

CRISIL Ratings

The two years that I spent as part of CCAP have

given me some of the most enriching and rewarding

moments of my career. CCAP not only makes you

an excellent analyst, but also a thinker par

excellence. The unique blend of work and studies,

combined with the knowledge-driven culture of

CRISIL and world-class academic training, ensures

a very strong foundation to build your career. I

strongly recommend this programme to people who

want to make a mark for themselves in the field of

finance.

Growth following CCAP completion

7Application Process

Aspiring candidates may apply online at www.crisil.com/ccap

for admission to the programme. Candidates will be required to

fill in a basic information form as part of the application process.

Following the submission of the form, the candidate will be

redirected to the payments section online, where the online

payment needs to be made. Online payment can be through

debit card, credit card or internet banking. Payments may also

be made offline.

Online Payment

When directed to the payments section, candidates must pay `1,500 (non-refundable) online as application fee. On

successful completion of the process, the candidate will receive an acknowledgment of receipt of the application.

Offline Payment

Offline payment can be made through the Demand Draft. The applicant must fill the online application. The applicant should

also fill in the demand draft details online. The applicant can then send the Demand Draft of ` 1,500 (favouring CRISIL Limited

and payable at Mumbai) along with a cover letter mentioning the registration number to - The Programme Leader, CRISIL

Certified Analyst Programme, CRISIL House, Central Avenue Road, Hiranandani Business Park, Powai, Mumbai 400076.

The last date for submission of application form is February 28, 2015.

Eligibility Criteria

The minimum requirement for admission to the programme is:

1. A bachelor's degree with at least 55% marks or the equivalent cumulative grade point average (CGPA). This should be an

aggregate score for the course. Candidates appearing for the final year bachelor's degree/equivalent examination may

also apply.

2. The candidate should have been born on or after January 1, 1990.

Note: Candidates who are in the final year of graduation must produce a certificate from the Principal/Head of the

Department/Registrar/Director of the University/Institution certifying that the candidate has obtained at least 50% or

equivalent grades in his/her studies so far. Such candidates, if selected, will be allowed to join the programme. The deadline for

submission of final mark sheets and certificate is December 31, 2015. Non-fulfillment of this condition will automatically result

in the cancellation of the provisional admission.

Admission Process

Rudranshu Samanta

Batch 2014-2016, CCAP Associate, Research

Many among us don't want to be a part of an experiment.

However, I strongly believe everything in this world starts

with an experiment. I am extremely happy to be a part of

this programme, as it allows me to discuss the actual

problems I face at work with my professors and

colleagues and arrive at the best possible solution,

thereby bridging the gap between theory and practical

experience


8

North Chandigarh, Delhi, Jaipur, Lucknow

West Ahmedabad, Mumbai, Pune

South Bangalore, Chennai, Cochin, Hyderabad

Central Allahabad, Bhopal, Indore

East Bhubaneshwar, Guwahati, Kolkata, Patna

Group Discussions and Personal Interviews

The final round of GD & PI will be held in Chennai, Delhi, Kolkata and Mumbai (subject to change). Final selection will be based

on the candidate's profile, performance in the CRISIL aptitude test, GD & PI rounds.

The selected candidates will be informed by email and the results would also be updated on the website. Selected candidates

will need to confirm their admission before a specified date, failing which their admissions will be cancelled.

Candidates would be required to send their original 10th Standard certificate to confirm their acceptance.

Please note that the original 12th standard, graduation and work experience certificates need to be produced for verification

on the commencement of the programme, failing which the admission will be cancelled.

Applicants will be shortlisted based on the eligibility criteria. Shortlisted applicants have to go through the below mentioned

selection stages.

CRISIL Aptitude Test

Candidates will have to appear for the CRISIL Aptitude test, which will be conducted across 18 locations in India. The test will

have 5 sections: Verbal Ability, Quantitative Ability, Data Interpretation & Logical Reasoning, General Knowledge and Essay

Writing. The test duration is 135 minutes.

The candidate may submit their latest CAT/ XAT scores held during 2014-15. If the candidate has equal to or more than 90

percentile with a minimum of 80 percentile in all the sections, he/she will not be required to appear for the CRISIL Aptitude test

and will directly appear for the GD/PI round.

CCAP Test Location

Selection Process

CRISIL Psychometric Test

The candidates shortlisted for the GD/PI round may have to go through a Psychometric test. Details for the same will be

shared a week prior to the GD/PI dates.

Group Discussions and Personal Interviews

The final round of GD & PI will be held in Chennai, Delhi, Kolkata and Mumbai. Final selection will be based on the candidate's

profile, performance in the CRISIL Aptitude Test, GD & PI rounds.

The selected candidates will be informed by email and the results would also be updated on the website. Selected candidates

will need to confirm their admission before a specified date, failing which their admissions will be cancelled.

Candidates would be required to send their original 10th Standard certificate to confirm their acceptance.

Please note that the original 12th, graduation and work experience certificates need to be produced for verification on the

commencement of the programme, failing which the admission will be cancelled.

9Batch VIII (2014-2015)

Work Experience Distribution

Fresher

0-1 year

Above 1 year

Education Background

Engineering

Commerce and

Management

Others

9%

62%29%

41%

45%

Batch Statistics

Gender Statistics

Male

Female74%

26%

14%


Life at CCAP

10

Christmas celebrations at CRISIL H

ouseBatch VII CCAPians in the classroom

Batch VIII CCAPians Exam preparations in th

e library at CRISIL House

A Campus to Corporate training

workshop (Batch VIII)

Fun at the Cafeteria

CRISIL Ltd is a Standard & Poor's company

Important Dates

For further details

Log on to: www.crisil.com/ccap | Call: +91 22 3342 3000 / +91 976 9797 440 | Email: [email protected]

Last date for submission of application forms February 28, 2015

CRISIL Aptitude test March 28 & 29, 2015

Group discussion and personal interviews April 20 - May 5, 2015

First list for admissions May 11, 2015

Acceptance confirmations for first list May 18, 2015

Second list for admissions May 21, 2015

Acceptance confirmation for second list May 29, 2015

Commencement of programme June 15, 2015

Stay Connected | Twitter | LinkedIn | YouTube | Facebook

CRISIL Limited

CRISIL House, Central Avenue, Hiranandani Business Park, Mumbai 400 076. India

Phone: +91 22 3342 3000 | Fax: +91 22 3342 1830

www.crisil.com

Page 1Page 2Page 3Page 4Page 5Page 6Page 7Page 8Page 9Page 10Page 11Page 12

ccap brochure

Documents