Understanding Risk The Theory And Practice Of Financial Risk Management(1st Edition)

Authors:

David Murphy

Type:Hardcover/ PaperBack / Loose Leaf
Condition: Used/New

In Stock: 1 Left

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Book details

ISBN: 1584888938, 978-1584888932

Book publisher: Chapman And Hall/CRC

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Book Price $170.39 : David Murphy's 'Understanding Risk: The Theory and Practice of Financial Risk Management' offers an in-depth exploration of risk management strategies in the financial sector. This comprehensive guide navigates through complex theories and practical applications pivotal for modern risk managers and financial professionals. The book intricately discusses methodologies like Value at Risk (VaR), stress testing, and scenario analysis while emphasizing the importance of robust risk management frameworks in financial institutions. By integrating solution manuals and clear answer keys within its well-structured table of contents, Murphy ensures that readers can engage with the practicalities of managing financial risk and apply them in real-world scenarios. The book does not feature traditional main characters like a novel, yet it focuses on critical roles within risk management, such as quantitative analysts and risk officers, who work towards safeguarding financial systems. The inclusion of detailed examples and case studies offers invaluable insights into implementing strategies effectively, which has garnered positive reception among scholars and practitioners alike. Readers will find this book extremely helpful for its comprehensive approach to unraveling the complexities of financial risk management through both theoretical and practical lenses, making it a vital resource for anyone interested in risk assessment methodologies. Authors have created a cheap, user-friendly manual perfect for students looking to save money on textbooks.

Customer Reviews

Trusted feedback from verified buyers

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Faith Briggs
5.0
Needed this for my Lehman College, CUNY class and grabbed it while it was on discount, which made it a no-brainer. The book came way quicker than I thought it would, and it’s in really good shape — cover’s solid and pages feel like new. I haven't gotten through more than a couple chapters yet, but just holding it feels like it’s gonna be super helpful when I get deeper into the material. Pretty happy with this buy, especially since it didn’t cost a ton. Looks like a neat resource to keep around.