The Financial Risk Manager Handbook Plus Test Bank provides the core body of knowledge for financial risk managers. Risk management has rapidly evolved over the past decade and has become an indispensable function in many institutions.
This Handbook was originally written to provide support for candidates taking the FRM examination administered by GARP. As such, it reviews a wide variety of practical topics in a consistent and systematic fashion. It covers quantitative methods, major financial products, as well as market, credit, operational, and integrated risk management. It also discusses investment risk management issues essential for risk professionals.
This edition has been thoroughly updated to reflect recent developments in financial markets and changes in the structure of the FRM program. The book is now structured to correspond to the two levels of the FRM exams. All of the chapters have been updated to account for recent developments in financial markets and regulations. In particular, current issues are integrated in the second part of the book. New chapters have been added, including chapters that deal with advanced univariate and multivariate models, as well as advanced option models. Finally, this Handbook incorporates the latest questions from the FRM examinations. Modern risk management systems cut across the entire organization. This breadth is reflected in the subjects covered in this Handbook. The Handbook was designed to be self-contained, but only ...