TY  - BOOK
AU  - Blatter,Anja
AU  - Bradbury,Sean
AU  - Bruhn,Pascal
AU  - Ernst,Dietmar
ED  - SpringerLink (Online service)
TI  - Risk Management in Banks and Insurance Companies: Step by Step 
T2  - Springer Texts in Business and Economics,
SN  - 9783031428364
AV  - HD61 
PY  - 2024///
CY  - Cham
PB  - Springer Nature Switzerland, Imprint: Springer
KW  - Financial risk management
KW  - Financial services industry
KW  - Business information services
KW  - Social sciences
KW  - Mathematics
KW  - Financial engineering
KW  - Risk Management
KW  - Financial Services
KW  - IT in Business
KW  - Mathematics in Business, Economics and Finance
KW  - Financial Engineering
N1  - Introduction -- Course 1: market risks -- Course 2: credit risks -- Course 3: operational risks -- Course 4: risk management -- Course 5: aggregation
N2  - 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
UR  - https://doi.org/10.1007/978-3-031-42836-4
ER  -