Risk Management in Banks and Insurance Companies : Step by Step

Anja Blatter

ISBN 10: 3031428358 / ISBN 13: 9783031428357

Published by Springer Nature Switzerland, 2024

About this Item

Druck auf Anfrage Neuware - Printed after ordering - This book shows how modern risk management in banks and insurance companies can be modeled in Excel and Matlab. Readers are provided with all the necessary knowledge and skills in a systematic and structured step-by-step manner. Apart from basic Excel knowledge, no previous knowledge is required. The textbook is divided into five parts. First, the reader learns the basics of analyzing and modeling market risks. Next, the authors introduce and explain the modeling of credit risks and operational risks are quantified by calibrating loss distributions based on expert estimates. Furthermore, individual risk measures are examined in more detail. In order to calculate a risk measure for an overall portfolio to determine the risk capital, the question of the aggregation method is discussed. There are various common concepts for this, which are examined in more detail in the last part of the book.The book is aimed at students of business administration with a focus on financial services. Accompanying the book, readers receive Excel spreadsheets as digital bonus material for practice and application.

Seller Inventory # 9783031428357

Bibliographic Details

• Title: Risk Management in Banks and Insurance Companies : Step by Step
• Publisher: Springer Nature Switzerland
• Publication Date: 2024
• Language: English
• ISBN 10: 3031428358
• ISBN 13: 9783031428357
• Binding: Buch
• Condition: Neu
• Dimensions: 241W x 160H x 18D millimeters 241 millimeters width by 160 millimeters height by 18 millimeters depth
• Weight: 506 grams

About this title

Synopsis

This book shows how modern risk management in banks and insurance companies can be modeled in Excel and Matlab. Readers are provided with all the necessary knowledge and skills in a systematic and structured step-by-step manner. Apart from basic Excel knowledge, no previous knowledge is required. The textbook is divided into five parts. First, the reader learns the basics of analyzing and modeling market risks. Next, the authors introduce and explain the modeling of credit risks and operational risks are quantified by calibrating loss distributions based on expert estimates. Furthermore, individual risk measures are examined in more detail. In order to calculate a risk measure for an overall portfolio to determine the risk capital, the question of the aggregation method is discussed. There are various common concepts for this, which are examined in more detail in the last part of the book.

The book is aimed at students of business administration with a focus on financial services. Accompanying the book, readers receive Excel spreadsheets as digital bonus material for practice and application.

About the Author

Anja Bettina Blatter is Professor of Quantitative Methods in Finance at the Nuertingen-Geislingen University (HfWU), Germany.

Sean Bradbury is a lecturer in Empirical at the Nuertingen-Geislingen University (HfWU), Germany

Pascal Bruhn is a lecturer in the master program International Finance at the Nuertingen-Geislingen University (HfWU), Germany

Prof. Dr. Dr. Dietmar Ernst is Professor of International Finance at the Nuertingen-Geislingen University (HfWU), Germany, and Director of the European Institute of Quantitative Finance (EIQF).