Book description
The essential reference for financial risk management
Filled with in-depth insights and practical advice, the Financial
Risk Manager Handbook is the core text for risk management
training programs worldwide. Presented in a clear and consistent
fashion, this completely updated Sixth Edition, mirrors recent updates
to the new two-level Financial Risk Manager (FRM) exam, and is fully
supported by GARP as the trusted way to prepare for the rigorous and
renowned FRM certification. This valuable new edition includes an
exclusive collection of interactive multiple-choice questions from
recent FRM exams.
Financial Risk Manager Handbook, Sixth Edition supports
candidates studying for the Global Association of Risk Professional's
(GARP) annual FRM exam and prepares you to assess and control risk in
today's rapidly changing financial world. Authored by renowned risk
management expert Philippe Jorion, with the full support of GARP, this
definitive guide summarizes the core body of knowledge for financial
risk managers.
- Offers valuable insights on managing market, credit,
operational, and liquidity risk
- Examines the importance of structured products, futures,
options, and other derivative instruments
- Contains new material on extreme value theory, techniques in
operational risk management, and corporate risk management
Financial Risk Manager Handbook is the most comprehensive guide
on this subject, and will help you stay current on best practices in
this evolving field. The FRM Handbook is the official reference
book for GARP's FRM certification program.
PHILIPPE JORION is Professor of Finance at the
School of Business at the University of California at Irvine. He was
also a professor at Columbia, Northwestern, the University of Chicago,
and the University of British Columbia. He holds an MBA and a PhD from
the University of Chicago and a degree in engineering from the
University of Brussels. Dr. Jorion has authored more than a hundred
publications-directed towards academics and practitioners-on the topic
of risk management and international finance. His work has received
several prizes for research. Dr. Jorion has written the first five
editions of Financial Risk Manager Handbook (Wiley), as well as
Financial Risk Management: Domestic and International
Dimensions; Big Bets Gone Bad: Derivatives and Bankruptcy in
Orange County; and Value at Risk: The New Benchmark for
Managing Financial Risk. He is also a Managing Director in the
Risk Management Group at Pacific Alternative Asset Management Company
(PAAMCO), a global fund of hedge funds.
