Enroll Course: https://www.coursera.org/learn/credito
If you’re looking to deepen your understanding of credit management and collections within a business context, the ‘Crédito y cobranza’ course offered by UNAM on Coursera is an excellent choice. This course provides a thorough exploration of the critical functions of credit within the cycle of business operations, emphasizing risk mitigation and effective collection strategies.
The course begins with a fascinating historical overview of credit, tracing its origins from ancient Phoenician traders to modern financial instruments. This historical perspective enriches your understanding of how credit has evolved and its significance today.
A key highlight is the detailed examination of the credit and collection department. You’ll learn how organizations of different sizes structure these departments, ensuring that credit policies align with business needs. The module on credit and collection policies offers practical guidance on crafting policies that consider product type, customer demographics, and current economic conditions, helping you develop flexible yet robust decision-making frameworks.
One of the most valuable sections is the analysis of credit through the lens of the ‘5 C’s’—character, capacity, capital, collateral, and conditions—enabling you to assess clients rigorously and minimize default risks. The course also covers essential collection techniques and instruments, teaching you effective methods to communicate with clients and handle overdue accounts.
I highly recommend this course for professionals involved in finance, sales, or customer relations, as well as entrepreneurs seeking to optimize their credit risk management. The course’s structure allows for practical application, and the optional activities, including the ‘Cuadro de honor,’ provide an added incentive to engage deeply with the material. Overall, ‘Crédito y cobranza’ is a comprehensive, insightful, and highly practical course that can significantly enhance your expertise in credit management.
Enrolling in this course will provide you with the knowledge and tools necessary to implement sound credit policies, analyze creditworthiness effectively, and improve your collection processes – skills that are vital for financial health and business success.
Enroll Course: https://www.coursera.org/learn/credito