Fitch Learning

What Fitch Learning does

Fitch Learning is a global financial services education provider headquartered in London and operating as a wholly-owned subsidiary of Hearst Corp, alongside Fitch Ratings and Fitch Solutions. The company delivers practitioner-led training across credit risk, investment banking, wealth management, ESG, financial data analytics, and professional skills, serving 125,000+ individual learners per year and 2,100+ financial institutions across 148+ countries. Its core product portfolio includes accredited exam preparation for the CFA Program (where it serves as training provider of choice for over 80% of global financial institutions), the proprietary Certificate in Quantitative Finance (CQF) delivered since 2003, the Global Credit Certificate awarded by GICP, and bespoke corporate learning programs such as Macquarie's graduate induction platform and ING's Corporate Credit Program. The adaptive digital learning platform, integrated mobile app, and virtual classroom infrastructure underpin delivery, with content available across in-person, virtual, and self-paced eLearning modalities.

The business operates four primary revenue streams: subscription and course-fee revenue from professional qualification training (CFA, CQF, GCC); professional services revenue from bespoke multi-day corporate programs; subscription revenue from eLearning and self-paced courses; and managed services revenue from end-to-end training administration including exam booking and progress tracking for enterprise clients. Go-to-market combines enterprise field sales to corporate L&D teams, inside sales for individual learners, and event-led engagement through L&D Insights Forums. Distribution is anchored by direct offices in London, New York, Dubai, Singapore, Hong Kong, and Riyadh, supplemented by the Toronto office established through the December 2025 acquisition of Moody's Analytics Learning Solutions (MALS) and the Canadian Securities Institute (CSI), which expanded the served base to 92,000+ finance professionals across 148 countries.

Recent strategic activity has centered on inorganic expansion and AI capability buildout. The June 2026 majority investment in Barcelona-based AI-training startup Founderz, alongside HearstLab, is intended to integrate AI-enabled personalized learning into CSI's programs in response to the Canadian Investment Regulatory Organization's new exam-based proficiency regime, for which Fitch Learning launched the CSI Firm Training Program in February 2026. The company holds 251–500 employees and is privately held with no public revenue disclosure in the available source material.

Name

Fitch Learning

Legal name

Fitch Learning Ltd

Website

https://fitchlearning.com

Company type

Private

Founded year

1970

Operating status

Operating

Headcount range

251–500 employees

Short description

Fitch Learning is a London-based global financial services education provider, wholly owned by Hearst Corp, delivering practitioner-led training in credit risk, investment banking, wealth management, and professional qualifications (CFA, CQF, GCC) to 2,100+ financial institutions and 125,000+ learners annually across 148+ countries.

Ownership category

akta.pro rank

Product category

Financial Services Professional Education

NAICS

Educational Support Services (6117), Exam Preparation and Tutoring (611691)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Finance, Banking & Capital Markets (EDAAAPAG)

akta.pro secondary industries

Banking, Credit & Lending (Underwriting, Credit Risk) (EDABAJAH), Sustainability, ESG & Climate Finance Risk (EDABAJAO), Financial Services (Non-Banking) (EDABALAK)

Keywords

• Financial services training
• Professional qualifications
• Corporate learning solutions
• Credit risk education
• Investment banking training

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D

Revenue model

1. Professional Qualification Training: CFA Program exam preparation, Certificate in Quantitative Finance (CQF), Global Credit Certificate (GCC), and other professional certifications. Revenue from course fees, study materials, and exam preparation services.
2. Corporate Learning Solutions: Bespoke training programs for financial institutions covering credit risk, wealth management, investment banking, ESG, data analytics, and professional skills. Revenue from multi-day programs and tailored corporate training engagements.
3. eLearning and Self-Paced Courses: Digital certificates, online courses, and self-study options for individuals and organizations. Includes access to learning portals, study materials, and exam practice resources.
4. Managed Services: End-to-end training administration services for corporate clients including exam booking, progress tracking, and reporting dashboards.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

Fitch Learning delivers professional financial education and training programs, including exam preparation for the CFA Program, the Certificate in Quantitative Finance (CQF), the Global Credit Certificate (GCC), and the Canadian Securities Course. The firm also provides tailored corporate learning solutions, eLearning platforms, managed services, and apprenticeships to global financial institutions and individual learners.

Differentiator

Problem solved

Functional benefit

Products and services

• CFA Program Exam Preparation Structured exam preparation courses for the CFA Program, the globally recognized investment professional qualification, delivered to individual candidates and corporate cohorts.
• Certificate in Quantitative Finance (CQF) A graduate-level program covering mathematics, quantitative methods, and financial modeling for finance professionals pursuing quant careers.
• Global Credit Certificate (GCC) A professional qualification covering credit analysis, credit derivatives, and counterparty risk assessment for banking and capital markets professionals.
• Corporate Learning Solutions Tailored enterprise training programs covering credit, capital markets, investment, risk, and regulatory topics, delivered to over 2,100 financial institutions worldwide.
• eLearning Platform Adaptive digital learning platform offering self-paced courses, AI-enabled personalization, mobile access, and progress tracking for financial services professionals.
• Managed Services Outsourced training operations, administration, and learning program management for financial institutions.
• Canadian Securities Course (CSI) Canada's leading provider of securities, wealth management, and financial services education, offering foundational and advanced credentials to Canadian finance professionals.
• Apprenticeships UK apprenticeship programs in financial services, providing work-based learning pathways for early-career entrants.
• ESG and Sustainability Learning Solutions Specialized training on environmental, social, and governance topics, including sustainability frameworks, climate risk, and ESG integration in finance.
• Early Careers Training Entry-level development programs for graduates and new hires joining investment banking, asset management, and other financial services roles.

Quantifiable outcome

• 540,000+ professional qualification exams passed by learners trained by Fitch Learning
• +3 more outcomes

Named customers2 records

Segments7 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability9 records

Feature4 records

Partnerships

Six partnerships are on record, tiered core.

• FounderzcoreStrategic or Co-development Partner · 5 June 2026Fitch Learning, along with venture fund HearstLab, took a majority stake in Barcelona-based AI-training startup Founderz. The partnership aims to transform the Canadian Securities Institute by integrating advanced AI technology into training programs including the Canadian Securities Course. The investment responds to CIRO's launch of a new exam-based proficiency regime.
• Canadian Securities Institute (CSI)coreOthers · 5 December 2025Acquired from Moody's along with Moody's Analytics Learning Solutions (MALS) in December 2025. CSI has been setting the standard for financial professional education in Canada since 1970. CSI is recognized by CIRO, provincial securities regulators, and CISRO. The CSI brand continues while MALS brand is being retired.
• Moody's Analytics Learning Solutions (MALS)coreOthers · 5 December 2025Acquired from Moody's along with Canadian Securities Institute in December 2025. MALS solutions are being integrated into Fitch Learning's portfolio and the MALS brand will be retired.
• CFA InstitutecoreChannel Partner/ Reseller/ DistributorAccredited CFA Program exam preparation provider. Fitch Learning is training provider of choice for over 80% of financial institutions globally for CFA Program. Offers No Pass No Pay guarantee for Level I candidates.
• Chartered Institute for Securities and Investment (CISI)coreChannel Partner/ Reseller/ DistributorAccredited training provider for CISI qualifications including Chartered Wealth Manager, Investment Advice Diploma, and International Certificate in Wealth and Investment Management.
• Global Institute of Credit Professionals (GICP)coreChannel Partner/ Reseller/ DistributorTraining provider for Global Credit Certificate awarded by GICP. Successful candidates achieve MICP designation and one-year premium member access to GICP resources.

Scale indicators11 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Wall Street Prep: Wall Street Prep provides financial training in investment banking, Excel, and financial modeling to professionals and corporate clients — closely aligned with Fitch Learning's corporate learning and capital markets curriculum.
• Corporate Finance Institute (CFI): CFI delivers online financial modeling, valuation, and banking certification programs to individuals and institutions, competing directly with Fitch Learning's eLearning and corporate finance offerings.
• BPP Professional Education: BPP Professional Education offers a range of professional qualifications and corporate training, including financial services, and overlaps with Fitch Learning in the UK and EMEA markets.
• New York Institute of Finance (NYIF): NYIF is a global financial training provider covering capital markets, corporate finance, and risk — directly comparable in subject matter and target learner to Fitch Learning's qualifications and corporate programs.
• Euromoney Learning: Euromoney Learning (formerly Euromoney Institutional Investor training) provides financial markets and corporate training courses to professionals and institutions, similar in scope and audience to Fitch Learning.

Broad incumbents

• Kaplan Financial: Kaplan Financial (part of Kaplan International) offers professional qualifications and financial training across multiple regions; broader in scope than Fitch Learning but materially overlapping in UK financial certification.
• GetSmarter (2U): GetSmarter, part of 2U, offers online professional certificate programs in partnership with universities, with adjacent overlap in finance and management credentials delivered to enterprise and individual learners.

Regional players

• Imarticus Learning: Imarticus Learning is an India-based professional education provider focused on finance, banking, and analytics training, comparable in curriculum to Fitch Learning but serving a different geography.

Emerging players

• Emeritus: Emeritus partners with universities and institutions to deliver online professional certificates, including finance and technology programs, partially overlapping with Fitch Learning's eLearning portfolio.
• General Assembly: General Assembly provides workforce training in data, tech, and business for individuals and enterprise clients, with a partial overlap with Fitch Learning's data analytics and AI curriculum for financial services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/fitchlearning
• YouTubeyoutube.com/c/fitchlearning
• LinkedInlinkedin.com/company/fitch-learning
• Facebookfacebook.com/fitchratings

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fitch Learning