UID:
almahu_9949756001002882
Format:
1 online resource (512 pages)
ISBN:
9781837532520
Content:
Financial risk management is a topic of primary importance in financial markets. It is important to learn how to measure and control risk, how to be primed for the opportunity of compensative return, and how to avoid useless exposure. This third edition of Understanding Financial Risk Management offers an updated version of its innovative approach to such issues. Angelo Corelli analyses the various types of financial risk that a financial institution now face in everyday operations-including market, interest rate, credit, liquidity, operational, currency, volatility, and enterprise risk. He deals with each type of risk using a rigorous mix of analytical and theoretical approaches; he gives introductory overviews to the most relevant statistical and mathematical tools; and he provides innovative analyses of all the major models available in the literature. This broad view of theory and the current state of the industry provides a friendly but serious starting point for those who encounter risk management for the first time, and it offers plenty of food for thought to more advanced readers. For its unique mix of rigour and accessibility, this book is a must-read for finance professionals, and it is of keen interest to finance students and researchers.
Note:
Chapter 1. Risk: An Overview -- Chapter 2. Financial Markets and Volatility -- Chapter 3. Conditional Dependence and Time Series -- Chapter 4. Statistical Analysis -- Chapter 5. Financial Derivatives -- Chapter 6. Option Pricing and Risk Modeling -- Chapter 7. Market Risk -- Chapter 8. Inside Value at Risk -- Chapter 9. Interest Rate Risk -- Chapter 10. Credit Risk -- Chapter 11. Commodity Risk -- Chapter 12. Liquidity Risk -- Chapter 13. Enterprise Risk -- Chapter 14. Other Risks -- Chapter 15. Beyond Normality and Correlation -- Chapter 16. Conditional Risk Analysis -- Chapter 17. High Frequency Data -- Chapter 18. Financial Crisis and Securitization -- Chapter 19. Hedging Techniques -- Chapter 20. Advanced Topics -- Chapter 21. Digital Finance and Risk -- Chapter 22. The Future of Financial Risk Management.
Additional Edition:
Print version: ISBN 9781837532537
Additional Edition:
PDF version: ISBN 9781837532506
Language:
English
URL:
https://doi.org/10.1108/9781837532506
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