Bandyopadhyay, Arindam creator author. text bibliography Electronic books. enk 2022 monographic eng 1 online resource "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. 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. Arindam Bandyopadhyay. Includes bibliographical references and index. Banks and banking Risk management Risk management Statistical methods HG1615 .B36 2022 Bandyopadhyay, Arindam. Oxford, United Kingdom : Oxford University Press, 2022 9780192665492 0192665499 9780192665485 0192665480 9780191944260 0191944262 https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=3181261 https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=3181261 EBZ 220614 20251029164059.0 on1257401378 eng