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The CRISIL Certified Analyst Programme (CCAP) is a two-year intensive work-cum-study programme aimed at developing world-class finance professionals for various analyst roles in CRISIL and industry at large. The programme is run by CRISIL with the Narsee Monjee Institute of Management Studies (NMIMS) as the academic partner. Upon successful completion of the programme, participants will be awarded a joint Post Graduate Certificate in Finance from CRISIL and NMIMS.

CCAP has been designed keeping in mind domestic and global business needs, and after thoroughly analysing the curricula of MBA, CA, CFA and FRM programmes. The unique format combines work assignments on live projects with classroom learning and interactive workshops, equipping participants with exceptional financial and business skills. The learning and growth path of participants is closely monitored to ensure exposure to opportunities that will facilitate career progression. This ensures each participant develops an in-depth understanding of financial concepts so as to fit into challenging analytical roles not just in CRISIL, but also elsewhere in the industry.

The programme offers selected candidates an opportunity to be employees of CRISIL from Day One - at an attractive compensation package.

Programme at a glance:

Academic Partner - Narsee Monjee Institute of Management (NMIMS)

Academic Structure

Classroom + regular webinars 

8 - 10 academic days per quarter


Work locations: Chennai, Gurgaon, Mumbai and Pune 

Academic location: Academic sessions will be conducted only in Mumbai, at NMIMS campus, Vile Parle.

Programme Fees

Selected candidates will have to pay programme fees of Rs 1.51 lakh in two tranches: 

i. 50% at the offer-acceptance stage 
ii. 50% within 3 months of joining the programme 

This deposit will be interest-free and will be refunded to the participants once they complete 3 years of employment with CRISIL (including two years of CCAP)

Aptitude Test

CRISIL Aptitude Test 

NMAT, CAT and XAT scores considered - for direct selection to Group
Discussion and Personal interview (Overall - more than 90 percentile with a minimum sectional cut off of 80 percentile)


Post Graduate Certificate in finance jointly awarded by CRISIL and NMIMS on successful completion of the two years' work-cum-study programme.

Salary post programme completion

Minimum Rs 6.25 lakh per annum (plus performance based variable pay)

Important Dates

Submission of application forms Submission of application forms
CRISIL Aptitude Test March 26 & April 2, 2017
Group discussion and Personal Interviews April 20 - April 27, 2017
First list of admissions May 2, 2017
Acceptance confirmation for first list May 8, 2017
Second list for admission May 9, 2017
Acceptance confirmation for second list May 15, 2017
Commencement of programme June 5, 2017


Message from Ashu Suyash,

Congratulations on taking an important step towards a rewarding career in financial services.

The financial services industry is central to the development of the global economy. It constantly needs highly talented and smart individuals to address the complexities of an ever-changing market and to drive innovation.

As a global analytical company and India's foremost provider of ratings, research, analytics and policy advisory services, CRISIL has always strived to make markets function better. Aligned to this mission and leveraging our analytical prowess, the CRISIL Certified Analyst Programme (CCAP) was conceptualised to groom world-class financial analysts. Designed as a work-cum-study programme, CCAP stands apart owing to its unique methodology, innovative academic curriculum, on-the-job training, assured placement at CRISIL, and future career opportunities.

Last year, we made the programme even more meaningful by associating with the Narsee Monjee Institute of Management Studies (NMIMS), one of India's leading business schools, as an academic partner.

Over the years, CCAPians have proved their mettle within and outside CRISIL. Their deep knowledge, strong analytical mindset, good understanding of market complexities and business acumen has helped them stand apart.

So if you think you have the passion to excel, drive to fast-track your career, possess good communication skills and a fundamental understanding of finance, you are ready for the CCAP journey.

I am sure it will be a decision you will always be proud of.

I wish you the very best for the selection process and look forward to having you on board.

Best Wishes, 
Ashu Suyash - Managing Director & CEO, CRISIL


Message from Dr. Debashis Sanyal,
Vice Provost (Management Education) and Dean - SBM, NMIMS

We at the School of Business Management, Narsee Monjee Institute of Management Studies (NMIMS), believe in developing socially responsible managers with a global perspective through innovative approaches.

It is with this objective in mind that we have tied up with CRISIL to impart management education to students who sign up for the CRISIL Certified Analyst Programme (CCAP). This, we believe, will enhance their value as well-groomed professionals in an increasingly demanding job market.

We believe business management institutes need to work in partnership with industry to provide an educational platform and curriculum that allows Indian professionals to compete in the global marketplace. This is what underpins the collaboration between NMIMS, one of the top 10 business schools in India and a brand to reckon with in the world of professional education, and CRISIL, a global analytical company providing ratings, research, and risk and policy advisory services.

This partnership is aimed at enhancing the knowledge and skills of participants, and keeping them abreast of ever-changing and evolving corporate world. The faculty at NMIMS, which is an eclectic mix of industry and academic experience - both national and international - will help students understand the dynamics of the financial world.

From CCAP tenth batch onwards, a module specifically designed by NMIMS will be introduced to further add value to the course. Unlike classroom-based courses, CCAP provides students with much-needed work experience and enables them to apply their learnings on a real-time basis.

I believe the success of learning by doing programmes such as CCAP will go a long way in contributing to the growing needs of professional education in India.

Dr. Debashis Sanyal, 
Vice Provost (Management Education) and Dean - School of Business Management, NMIMS


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