Risk Management and Financial Institutions
Pearson (Verlag)
978-0-13-239790-2 (ISBN)
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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.
Table of Contents:
Preface
Introduction
Financial Products and How They are Used for Hedging
How Traders Manage Their Exposures
Interest Rate Risk
Volatility
Correlation and Copulas
Bank Regulation and Basel II
The VaR Measure
Market Risk VaR: Historical Simulation Approach
Market Risk VaR: Model Building Approach
Credit Risk: Estimating Default Probabilities
Credit Risk Losses and Credit VaR
Credit Derivatives
Operational Risk
Model Risk and Liquidity Risk
Economic Capital and RAROC
Weather, Energy, and Insurance Derivatives
Big Losses and What We Can Learn from Them
Appendix A: Value Forward and Futures Contracts
Appendix B: Valuing Swaps
Appendix C: Valuing European Options
Appendix D: Valuing American Options
Appendix E: Manipulation of Credit Transition Matrices
Answers to End-of Chapter Problems
Glossary of Terms
Tables for N(x)
Index
Erscheint lt. Verlag | 20.7.2006 |
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Sprache | englisch |
Gewicht | 774 g |
Themenwelt | Betriebswirtschaft / Management ► Spezielle Betriebswirtschaftslehre ► Versicherungsbetriebslehre |
Wirtschaft ► Betriebswirtschaft / Management ► Unternehmensführung / Management | |
ISBN-10 | 0-13-239790-0 / 0132397900 |
ISBN-13 | 978-0-13-239790-2 / 9780132397902 |
Zustand | Neuware |
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