Financial Risk Manager Handbook

By GARP (Global Association of Risk Professionals), Philippe Jorion, Garp

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.

• Format: Paperback
• Language: English
• ISBN: 047143003X
• ISBN13: 9780471430032
• Release Date: May 2003
• Publisher: Wiley
• Length: 736 Pages
• Weight: 0.65 lbs.
• Dimensions: 1.7" x 8.5" x 10.9"

Customer Reviews

very satisfied

good to have a wide range of subjects in one handbook. it seems I don't need the other library for my everyday work

Comprehensive Risk Management Coverage

Jorion's book covers an enormous amount of material that will be useful for people practicing risk management. If readers of this book become proficient on the subjects it covers then it will be a building point for more focused books from Wiley and other publishers. I have gone back to this book to review subjects in risk management that I am not required to know immediately in work situations. The questions that are included from the FRM exam are useful tests of your understanding after having read sections and are in need of a check to see what you have gained in knowledge.

The Bible of Risk Management

Briefly, The essence of this book is Talyor series.Many authors tried to explan bond with Talyor series, but failed to teaching reader well.But Jorion complemented that with just 30 pages.Also the book is writed systematically and well organized.With this book, I passed FRM exam very high score.I hope you will be luck enough to read this book.

A Different Perspective

I disagree with the reviewers who say this is a bad book. I'm using it to take the FRM Exam and find, with the help of my study group, that all critical issues in financial risk management are addressed. The book, however, assumes you haven't come to the subject cold, just like Hull or Taleb or Jorion's other text on VaR. You need to supplement this text with other books on the GARP reading list, and its virtues come to light.

Very helpful guide book

Philippe Jorion has done a good job presenting the material for review for the FRM exam. Comprehensive, clear, easy-to-understand, the book is useful and without it it is unlikely that exam participants could pass the exam.