Philippe Jorion ist Finanzprofessor, doch seine Arbeit geht über das rein Technische hinaus. Er erforscht tief verwurzelte menschliche Verhaltensweisen und psychologische Grundlagen, die Finanzmärkte antreiben, und bietet den Lesern eine einzigartige Perspektive auf wirtschaftliche Phänomene. Sein Ansatz kombiniert rigorose Analyse mit einem scharfen Verständnis für das menschliche Element, wodurch komplexe Finanzkonzepte zugänglich und ansprechend werden. Jorions Schriften fördern eine nuanciertere Sichtweise finanzieller Entscheidungsfindung.
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.