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Essentials of Financial Risk Management

by Zachary Bell
Save 19% Save 19%
Current price ₹11,722.00
Original price ₹14,504.00
Original price ₹14,504.00
Original price ₹14,504.00
(-19%)
₹11,722.00
Current price ₹11,722.00

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Book cover type: Hardcover
  • ISBN13: 9781639872053
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: Murphy & Moore Publishing
  • Publisher Imprint: Murphy & Moore Publishing
  • Publication Date:
  • Pages: 234
  • Original Price: USD 148.0
  • Language: English
  • Edition: N/A
  • Item Weight: 835 grams
  • BISAC Subject(s): Finance / General and Corporate Finance / General

Financial risk is the likelihood of losing money on an investment or business venture. Financial risk management is the exercise of protecting the economic value of money or investment in a firm by using financial instruments to manage exposure to operational, market, credit, liquidity, and legal risks. It involves identifying the risk sources, quantifying the exposure, and making a hedging decision. It requires the knowledge of mathematics, statistics, economics and finance. Financial risk management is practiced by risk professionals at accounting firms, banks, insurance companies, consulting firms, asset management companies and regulatory agencies. The objective of this book is to give a general view of the different areas of financial risk management, and its applications. It picks up individual branches and explains their need and contribution in the context of a growing economy. Students, researchers, and finance experts will benefit alike from this book.

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