Understanding Risk: The Theory and Practice of Financial Risk Management

Sound risk management often involves a combination of both mathematical and practical aspects. Taking this into account, Understanding Risk: The Theory and Practice of Financial Risk Management explains how to understand financial risk and how the severity and frequency of losses can be controlled. It combines a quantitative approach with a more informal style, giving readers a blend of analysis and intuition.
Divided into four parts, the book begins by introducing the basics of risk management and the behavior of financial instruments. The next section focuses on regulatory capital standards and models, addressing value-at-risk (VaR) models, portfolio credit risk, tranching, operational risk, and the Basel accords. The author then deals with asset/liability management (ALM) and liquidity management. The last part explores structured finance and a variety of new trading instruments, including inflation-linked products, sophisticated equity basket options, and convertible bonds.

With numerous exercises, figures, and examples throughout, this book offers valuable insight on various aspects of financial risk management.


Author(s): David Murphy
Publisher: Chapman & Hall/CRC
Date : 2008
Pages : 472
Format : pdf
OCR :
Quality :
Language : English
ISBN-10 : 1584888938
ISBN-13 :

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Encyclopedia of Management 5th

This specialized desktop-style encyclopedia contains more than 300 essays covering management topics such as Angels and venture capitalists, Franchising, Japanese management, Outsourcing and offshoring, and Zero sum game. Arrangement is alphabetical, but so the volume may be used as a textbook as well as a ready-reference source, a "Guide to Functional-Area Readings" arranges entries into 18 curriculum-related topic areas such as "Emerging Topics in Management," "Leadership," and "Management Information Systems."

The previous edition of Encyclopedia of Management was published in 2000. Contributors to this collection are predominately scholars, practitioners, doctoral students, librarians, and professional business writers. The editor and advisory board selected topics in an attempt to "represent an authoritative treatment of the entire field of management, encompassing all the current theories and functional areas of this vast and growing discipline."

The Diversification strategy and Marketing concept and philosophy essays serve well as examples of the encyclopedia's writing style and focus. The former essay is relatively long, running to eight columns of tightly packed text. It begins with an explanation of diversification in the context of growth strategies and works its way through concentric diversification, conglomerate diversification, diversification strategies, and vertical versus horizontal diversification. Main sections and subsections are separated by eye-friendly areas of white space. The writing style is straightforward and should present no difficulty to beginners or casual browsers. The marketing essay is of the shorter variety and provides more of a summary than an in-depth treatment of its subject. The inclusion of anecdotal examples makes it a pleasure to read. All entries conclude with further reading lists, and the text is complemented by tables, graphs, and other figures.

At $290 for one volume, Encyclopedia of Management is a pretty uptown purchase to consider. Small libraries with limited money to spend will want to make sure they do not already own other management sources that, in aggregate, cover this material. Larger libraries may decide it's worth the cost to have at least one solid, comprehensive print-format source on the reference shelf.


Author(s): Marilyn M. Helms
Publisher: Thomson Gale
Date : 2005
Pages : 1003
Format : pdf
OCR :
Quality : Excellent
Language : English
ISBN-10 : 0787665568
ISBN-13 : 978-078766556

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International Bank Management

This text provides current and integrated coverage of the important topics in international banking, including foreign exchange markets, derivatives, country risk analysis, asset-liability management, and banking strategies. In order to incorporate the central elements of this field, the text builds on a three-faceted foundation of risk-return tradeoff, the special barriers encountered in international business, and the unique features of banking business. By responding to the increasing globalization of financial markets, this text offers readers the comprehensive, international background they need to prepare for a successful career in banking.


Author(s): Dileep Mehta, Hung-Gay Fung
Publisher: Wiley-Blackwell
Date : 2004
Pages : 416
Format : pdf
OCR :
Quality :
Language : English
ISBN-10 : 1405111283
ISBN-13 :

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