Philippe Jorion je profesorom financií, ale jeho práca presahuje čisto technickú oblasť. Skúma hlboko zakorenené ľudské správanie a psychologické základy, ktoré poháňajú finančné trhy, a ponúka čitateľom jedinečný pohľad na ekonomické javy. Jeho prístup kombinuje rigoróznu analýzu s prenikavým pochopením ľudského faktora, čím robí zložité finančné koncepty prístupnými a pútavými. Jorionovo písanie podporuje jemnejší pohľad na finančné rozhodovanie.
Shows you how to navigate your way in a dynamic risk environment. This title includes an emphasis on operational risk, discussion of risk-management applications, and changes in definitions of industry standards.
In December 1994, Orange County became the largest municipality in US history to become bankrupt. How can a municipal investment pool, which is supposed to be safe, lose billions of dollars? What are derivatives and how did they contribute to this tragedy? This book presents a description of the Orange County bankruptcy.
An essential guide to financial risk management as well as the only way to ace the GARP FRM Exam The Financial Risk Management Exam (FRM Exam) was developed by the Global Association of Risk Professionals (GARP) as a means of establishing an industry standard of minimum professional competence in the field. It is given annually in November for risk professionals who want to earn FRM certification. Authored by renowned financial risk management guru Phillipe Jorion, with the full support of the GARP, this is the definitive guide for those preparing to take the FRM Exam. With the help of questions (and solutions) taken from previous exams, Jorion coaches readers on quantitative methods, capital markets, and market, credit, operational, and risk management concepts and assessment techniques. In addition to being the indispensable guide for those aspiring to FRM certification, Financial Risk Manager Handbook also serves as a valued working reference for risk professionals. Phillipe Jorion, PhD (Irvine, CA), is a Professor of Finance at the Graduate School of Management at UC Irvine. He has also taught at Columbia University, Northwestern University, the University of Chicago, and the University of British Columbia.