An authoritative handbook on risk management techniques andsimulations as applied to financial engineering topics, theories,and statistical methodologies
The Handbook of Financial Risk Management: Simulations and CaseStudies illustrates the prac-tical implementation ofsimulation techniques in the banking and financial industriesthrough the use of real-world applications.
Striking a balance between theory and practice, the Handbookof Financial Risk Management: Simulations and Case Studiesdemonstrates how simulation algorithms can be used to solvepractical problems and showcases how accuracy and efficiency inimplementing various simulation methods are indispensable tools inrisk management. The book provides the reader with an intuitiveunderstanding of financial risk management and deepens insight intothose financial products that cannot be priced traditionally. TheHandbook of Financial Risk Management also features:
* Examples in each chapter derived from consulting projects,current research, and course instruction
* Topics such as volatility, fixed-income derivatives, LIBORMarket Models, and risk measures
* Over twenty-four recognized simulation models
* Commentary, data sets, and computer subroutines available on achapter-by-chapter basis
As a complete reference for practitioners, the book is useful inthe fields of finance, business, applied statistics, econometrics,and engineering. The Handbook of Financial Risk Managementis also an excellent text or supplement for graduate and MBA-levelstudents in courses on financial risk management andsimulation.