Step by Step Blatter, Anja. creator author. aut http://id.loc.gov/vocabulary/relators/aut Bradbury, Sean. author. aut http://id.loc.gov/vocabulary/relators/aut Bruhn, Pascal. author. aut http://id.loc.gov/vocabulary/relators/aut Ernst, Dietmar. author. aut http://id.loc.gov/vocabulary/relators/aut SpringerLink (Online service) text sz 2024 1st ed. 2024. monographic eng

electronic

electronic resource

access VII, 215 p. 124 illus., 89 illus. in color. online resource. 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. Introduction -- Course 1: market risks -- Course 2: credit risks -- Course 3: operational risks -- Course 4: risk management -- Course 5: aggregation. by Anja Blatter, Sean Bradbury, Pascal Bruhn, Dietmar Ernst. Financial risk management Financial services industry Business information services Social sciences Mathematics Financial engineering Risk Management Financial Services IT in Business Mathematics in Business, Economics and Finance Financial Engineering HD61 9783031428364 https://doi.org/10.1007/978-3-031-42836-4 https://doi.org/10.1007/978-3-031-42836-4 240719 20251030112637.0 978-3-031-42836-4