Get a degree in finance or accounting
Getting a college degree is a must if you would like a job as a credit analyst. Preferably you should major in finance or accounting but people with management and economics degrees still have a very good chance of getting good jobs as credit analysts, especially if they have applicable work experience.
While in college be sure to do as many mathematical courses as you can, such as calculus or statistics.
Go for an advance degree
Advanced degrees are always a good differentiator in the job market for obvious reasons. If you have an advanced degree the logical assumption is that you are knowledgeable and more capable of making astute business decisions.
Also, having an advanced degree means you stand out from the crown of applicants who may otherwise have similar academic and professional credentials.
You may not be looking forward to stacking up more debt from student loans but the potential rewards from a position as a credit analyst are well worth the costs.
Apply for an internship
Internships are always a great idea for undergraduate students and fresh graduates too as most organizations would like to hire staff who are already experienced, particularly in a relevant field.
Try to get an internship with a reputable firm or better still, identify the particular organization you would like to work for and try to get an internship with them. Getting internships is not always easy and you will need to have maintained good grades in college to get an internship with an established firm.
Gather work experience from multiple sectors
If you find it difficult to find entry level jobs or internships as a credit analyst, then, career-wise, you may want to consider a slight change of scenery. Some experience in banking, insurance, mortgages will all put you in good stead when you finally apply for your dream job as a accredit analyst.