04261nam a2200541 i 4500 on1257401378 EBZ 20251029164059.0 m d cr cnu---unuuu 220614s2022 enk ob 001 0 eng d EBZ eng EBZ 9780192665492 (electronic book) 0192665499 (electronic book) 9780192665485 (electronic book) 0192665480 (electronic book) 9780191944260 (electronic book) 0191944262 (electronic book) 0192849018 9780192849014 HG1615 .B36 2022 MAIN Bandyopadhyay, Arindam, author. 64154 Basic statistics for risk management in banks and financial institutions / Arindam Bandyopadhyay. Oxford, United Kingdom : Oxford University Press, 2022. 1 online resource text txt rdacontent computer c rdamedia online resource cr rdacarrier textual sapdv EBSCOhost Includes bibliographical references and index. Introduction to risk management: basics of statistics -- Description of data and summary statistics for measurement of risk -- Probability and distribution theorems and their applications in risk management -- Hypotheses testing in baking risk analysis -- Matrix algebra and their application in risk prediction and risk monitoring -- Correlation theorem and portfolio management techniques -- Multivariate analysis to understand functional relationship and scenario building -- Monte Carlo simulation techniques and value at risk -- Statistical tools for model validation and back testing -- Time-series forecasting techniques for banking variables -- Appendix: statistical tables. "The book provides an engaging account of theoretical, empirical, and practical aspects of various statistical methods in measuring risks of financial institutions, especially banks. In this book, the author demonstrates how banks can apply many simple but effective statistical techniques to analyze risks they face in business and safeguard themselves from potential vulnerability. It covers three primary areas of banking; risks-credit, market, and operational risk and in a uniquely intuitive, step-by-step manner the author provides hands-on details on the primary statistical tools that can be applied for financial risk measurement and management. The book lucidly introduces concepts of various well-known statistical methods such as correlations, regression, matrix approach, probability and distribution theorem, hypothesis testing, value at risk, and Monte Carlo simulation techniques and provides a hands-on estimation and interpretation of these tests in measuring risks of the financial institutions. The book strikes a fine balance between concepts and mathematics to tell a rich story of thoughtful use of statistical methods."--publisher. EBSCOhost "EBSCO evaluates our products based on the Web Content Accessibility Guidelines (WCAG) and the related Section 508 and EN 301 549 regulations in the US and EU. Most EBSCO products are substantially conformant with WCAG 2.2 level AA." Source: https://connect.ebsco.com/s/article/EBSCO-VPATs?language=en_US. Last accessed April 22, 2025. Banks and banking Risk management. 64155 Risk management Statistical methods. 64156 Electronic books. 58574 Print version: Bandyopadhyay, Arindam. Basic statistics for risk management in banks and financial institutions. Oxford, United Kingdom : Oxford University Press, 2022 0192849018 9780192849014 EBSCOhost https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=3181261 Oxford University Press USA OUPR EDZ0002768751 YBP Library Services YANK 17835036 YBP Library Services YANK 17506159 YBP Library Services YANK 302736148 EBSCOhost EBSC 3181261 92 N$T 55928 55928