Data Science and Risk Analytics in Finance and Insurance

by Tze Leung Lai

Following the recent financial crisis, risk management in financial institutions, particularly in banks, has attracted widespread attention and discussion. Novel modeling approaches and courses to educate future professionals in industry, government, and academia are of timely relevance. This book introduces an innovative concept and methodology developed by the active risk management. It is suitable for graduate students in mathematical finance/financial engineering, economics, and statistics as well as for practitioners in the fields of finance and insurance. The book’s website features the data sets used in the examples along with various exercises.

463 pages, Kindle Edition

First published February 15, 2014

About the author

Tze Leung Lai (Stanford University)