Risk Management And Financial Institutions

by John C. Hull

The essential guide to managing financial institution risk, fully revised and updated The dangers inherent in the financial system make understanding risk management essential for anyone working in, or planning to work in, the financial sector. A practical resource for financial professionals and students alike, Risk Management and Financial Institutions, Third Edition explains all aspects of financial risk as well as the way financial institutions are regulated, to help readers better understand financial markets and potential dangers.

Fully revised and updated, this new edition features coverage of Basel 2.5, Basel III and Dodd-Frank as well as expanded sections on counterparty credit risk, central clearing, and collateralization. In addition, end-of-chapter practice problems and a website featuring supplemental materials designed to provide a more comprehensive learning experience make this the ultimate learning resource. Written by acclaimed risk management expert, John Hull, Risk Management and Financial Institutions is the only book you need to understand--and respond to--financial risk.


The new edition of the financial risk management bestseller Describes the activities of different types of financial institutions, explains how they are regulated, and covers market risk, credit risk, operational risk, liquidity risk, and model risk Features new coverage of Basel III, Dodd-Frank, counterparty credit risk, central clearing, collateralization, and much more Provides readers with access to a supplementary website offering software and unique learning aids Author John Hull is one of the most respected authorities on financial risk management A timely update to the definitive resource on risk in the financial system, Risk Management and Financial Institutions + Web Site, Third Edition is an indispensable resource from internationally renowned expert John Hull.

Genres: Finance, Business, Nonfiction, Textbooks, Economics

528 pages, Paperback

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]

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]

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]

Solid textbook but tremendously dry at times.

[Kelevilin Kimathi]

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]

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[Ali]

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

[A]

pragmatic with examples