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Mathematics and Statistics for Financial Risk Management
A practical guide to modern financial risk management for both practitioners and academics
The recent financial crisis and its impact on the broader economy underscore the importance of financial risk management in today's world. At the same time, financial products and investment strategies are becoming increasingly complex. Today, it is more important than ever that risk managers possess a sound understanding of mathematics and statistics.
In a concise and easy-to-read style, each chapter of this book introduces a different topic in mathematics or statistics. As different techniques are introduced, sample problems and application sections demonstrate how these techniques can be applied to actual risk management problems. Exercises at the end of each chapter and the accompanying solutions at the end of the book allow readers to practice the techniques they are learning and monitor their progress. A companion website includes interactive Excel spreadsheet examples and templates.
If you're looking for a book that will help you understand the mathematics and statistics of financial risk management, look no further.
The recent financial crisis and its impact on the broader economy underscore the importance of financial risk management in today's world. At the same time, financial products and investment strategies are becoming increasingly complex. Today, it is more important than ever that risk managers possess a sound understanding of mathematics and statistics.
In a concise and easy-to-read style, each chapter of this book introduces a different topic in mathematics or statistics. As different techniques are introduced, sample problems and application sections demonstrate how these techniques can be applied to actual risk management problems. Exercises at the end of each chapter and the accompanying solutions at the end of the book allow readers to practice the techniques they are learning and monitor their progress. A companion website includes interactive Excel spreadsheet examples and templates.
If you're looking for a book that will help you understand the mathematics and statistics of financial risk management, look no further.
- GenresFinance
304 pages, Hardcover
First published January 1, 2012
16 people are currently reading
157 people want to read
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Displaying 1 of 1 review
August 23, 2016
Good Book Showing a lot of Topics for Risk Management in Finance, but not an easy reading and requires a strong math and stat background.
Displaying 1 of 1 review