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Risk Management and Financial Institutions: + Web Site Paperback – 22 May 2012
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The dangers inherent in the financial system make understanding risk management essential for anyone working in, or planning to work in, the financial sector. A practical resource for financial professionals and students alike, Risk Management and Financial Institutions, Third Edition explains all aspects of financial risk as well as the way financial institutions are regulated, to help readers better understand financial markets and potential dangers.
Fully revised and updated, this new edition features coverage of Basel 2.5, Basel III and Dodd–Frank as well as expanded sections on counterparty credit risk, central clearing, and collateralization. In addition, end–of–chapter practice problems and a website featuring supplemental materials designed to provide a more comprehensive learning experience make this the ultimate learning resource. Written by acclaimed risk management expert, John Hull, Risk Management and Financial Institutions is the only book you need to understand and respond to financial risk.
- The new edition of the financial risk management bestseller
- Describes the activities of different types of financial institutions, explains how they are regulated, and covers market risk, credit risk, operational risk, liquidity risk, and model risk
- Features new coverage of Basel III, Dodd–Frank, counterparty credit risk, central clearing, collateralization, and much more
- Provides readers with access to a supplementary website offering software and unique learning aids
- Author John Hull is one of the most respected authorities on financial risk management
A timely update to the definitive resource on risk in the financial system, Risk Management and Financial Institutions + Web Site, Third Edition is an indispensable resource from internationally renowned expert John Hull.
- Print length672 pages
- LanguageEnglish
- PublisherJohn Wiley & Sons
- Publication date22 May 2012
- Dimensions17.78 x 3.86 x 25.4 cm
- ISBN-101118269039
- ISBN-13978-1118269039
There is a newer edition of this item:
Product description
From the Back Cover
Risk Management and Financial Institutions Third Edition + WEBSITE
Written by one of the most respected authorities on financial risk management, Risk Management and Financial Institutions explains all aspects of financial risk as well as the way financial institutions are regulated.
Fully revised and updated, this new edition includes coverage of Basel 2.5, Basel III, and Dodd–Frank as well as expanded sections on counterparty credit risk, central clearing, and collateralization. The new Third Edition:
Describes the activities of different types of financial institutions, explains how they are regulated, and covers market risk, credit risk, operational risk, liquidity risk, and model risk
Features new content on Basel III, Dodd–Frank, counterparty credit risk, central clearing, collateralization, and much more
Provides readers with access to a supplementary website offering software and unique learning aids
About the Author
John C. Hull is the Maple Financial Group Chair in Derivatives and Risk Management at the Joseph L. Rotman School of Management, University of Toronto, and codirector of Rotman′s Master of Finance program. He has acted as consultant to many North American, Japanese, and European financial institutions, and is the author of three books and an associate editor of eight academic journals.
Product details
- Publisher : John Wiley & Sons; 3rd edition (22 May 2012)
- Language : English
- Paperback : 672 pages
- ISBN-10 : 1118269039
- ISBN-13 : 978-1118269039
- Dimensions : 17.78 x 3.86 x 25.4 cm
- Customer Reviews:
About the author

John C. Hull is a Professor of Derivatives and Risk Management at the Rotman School of Management at the University of Toronto.
He is a respected researcher in the academic field of quantitative finance (see for example the Hull-White model) and is the author of two books on financial derivatives that are widely used texts for market practitioners: "Options, Futures, and Other Derivatives" and "Fundamentals of Futures and Options Markets".
Hull is an editor of the Journal of Derivatives (since 1993), The Review of Derivatives Research (since 1993), the Journal of Derivatives Use, Trading & Regulation (since 1994), the Canadian Journal of Administrative Studies (since 1996), the Journal of Risk (since 1998), the Journal of Bond Trading and Management (since 2001), the Journal of Derivatives Accounting (since 2002) and the Journal of Credit Risk (since 2004).
He studied Mathematics at Cambridge University (B.A. & M.A.), and holds an M.A. in Operational Research from Lancaster University and a Ph.D. in Finance from Cranfield University. In 1999, he was awarded the Financial Engineer of the Year Award, by the International Association of Financial Engineers. He has twin sons named Peter and David, and a wife named Michelle.
Bio from Wikipedia, the free encyclopedia.
Customer reviews
Top reviews from Australia
Top reviews from other countries
- KrishnaReviewed in Canada on 10 September 2013
4.0 out of 5 stars Met my expection
Verified PurchaseA good book on risk management for financial institutions. At times, I felt the book tilted more towards theory than practice. I wish the book had more examples on bank specific risk management practices.
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FullMetalAccountantReviewed in Germany on 25 November 2013
5.0 out of 5 stars Genau das, was ich gesucht habe
Verified PurchaseIch war auf der Suche nach einer guten, aber nicht völlig trivialisierten, Einführung ins Risikomanagement. Dieses Buch liefert genau das. Nach einer kurzen Darstellung verschiedender Arten von Finanzunternehmen werden Schritt für Schritt die wichtigsten Konzepte eingeführt und dargestellt. Der Autor lässt dabei die verschiedenen Kapitel sinnvoll aufeinander aufbauen. Zum Beispiel wird zunächst vorgestellt, wie Copulas funktionieren, um dann herzuleiten, wie die Risikokapitalformel nach Basel II mit dem Gaußschen Copulamodell zusammenhängt. Wichtige Formeln und Konzepte werden gut verständlich dargestellt und mit Beispielen unterfüttert. In Summe daher eine wirklich sehr gute Einführung.
- Yijing LiuReviewed in the United States on 4 February 2014
5.0 out of 5 stars Good!
Verified Purchaseit says delivered in 59 days, but I actually received it after 5 days of ordering, including a weekend. the book is in good condition and brand new.
it's a textbook for my financial course and strongly recommended by the professor, so I expect it's still helpful even after graduation and in work
- MortyReviewed in the United Kingdom on 26 June 2015
5.0 out of 5 stars I was scared to see terms like 'exponentially weighted moving average model' and 'covariance matrices' along ...
Verified PurchaseAs someone who is interested in finance but is in no ways mathematically inclined (yes we exist), I was scared to see terms like 'exponentially weighted moving average model' and 'covariance matrices' along with loads of other models I can't pronounce pop up in this book. It does, however, give you a good introduction into the world of banking, the different types of banks and institutions etc. as well as a good introduction into hedge funds and mutual funds. It also has a good chapter on derivatives such as forwards, futures, options, swaps etc. If you're just starting a course in finance, however, don't read too far in as it starts to read more Greek than English.....i.e. more math-sy