Risk Management And Financial Institutions

by John C. Hull

John C. Hull’s Financial Risk Management text is the only text to take risk management theory and explain it in a “this is how you do it” manner for practical application in today’s real world. We found that most professors are looking for a book that contains up to date information, and is written for application in the real work environment. Hull’s text offers students the ability to gain knowledge that will stay with them beyond college and be useful in the real world. Based on one of the most popular MBA courses at University of Toronto entitled “Financial Risk Management”, this text focuses on the ways banks and other financial institutions measure market, credit and operational risk. John C. Hull, author of the book “Options, Futures, and Other Derivatives” which became the standard reference text for traders, wrote “Risk Management and Financial Institutions” for use in instruction as well as trade. The practical nature of the book lends itself to a “this is how you do it” presentation style that includes excellent account of the new Basel II regulatory requirements for banks effective in 2007.

Genres: Finance, Business, Nonfiction, Textbooks, Economics

500 pages, Hardcover

First published January 29, 2013

About the author

John C. Hull is a Professor of Derivatives and Risk Management at the Rotman School of Management at the University of Toronto.
He is both a very well respected researcher in the academic field of quantitative finance (see for example the Hull-White model), and also the author of (among other works) two books on financial derivatives that have become market practitioners' standard texts: "Options, Futures, and Other Derivatives" and "Fundamentals of Futures and Options Markets".
In 1999, he was awarded the Financial Engineer of the Year Award, by the International Association of Financial Engineers.

Reviews

[Dl]

6 years ago i took financial risk management masters class in RSM and this book was the main textbook for the course.
even at the time, having no business experience, i was surprised to realize how superficial the quantitative models are and how little effort is made to link risks to underlying financial and business economics drivers

[Swapnil · Rating 4 out of 5]

This is my first book into risk management and it provided a good primer. I believe it is well written and meant to ease into complicated stuffs.
I particularly like business snapshots giving example of concepts explained.

[Bharat · Rating 4 out of 5]

High level treatment of the topics covered and not at sufficient depth. Good introductory textbook for most topics in the space for a practitioner. Not handy for anyone interested in the math or theory.

[Bookreadingnarcissist · Rating 4 out of 5]

Solid textbook but tremendously dry at times.

[Kelevilin Kimathi · Rating 5 out of 5]

Risk management

This is most comprehensive and relevant book on market for an enterprise risk management..I have read the various editions and this one has been updated with ESG ,model risk machine learning ,regulation and other emerging technologies and risks..

[Jap Singh · Rating 3 out of 5]

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[Ali · Rating 4 out of 5]

Somehow brief in chapters when the reader needs more detailed instructions
Highly practical and avoiding unnecessary theoretical stuff

[A · Rating 4 out of 5]

pragmatic with examples