Financial Risk Manager Handbook 财务风险管理者手册英文版 2003版 733 pages
The Financial Risk Manager Handbook was first created in 2000 as a study supportFinancial Risk Manager Handbook
manual for candidates preparing for GARP’s annual FRM exam and as a general guide
to assessing and controlling financial risk in today’s rapidly changing environment.
But the growth in the number of risk professionals, the now commonly held view
thatriskmanagementisanintegralandindispensablepartofanyorganization’sman-
agement culture, and the ever increasing complexity of the field of risk management
have changed our goal for the Handbook.
This dramatically enhanced second edition of the Handbook reflects our belief
thatadynamicallychangingbusinessenvironmentrequiresacomprehensivetextthat
provides an in-depth overview of the various disciplines associated with financial risk
management. The Handbook has now evolved into the essential reference text for any
risk professional, whether they are seeking FRM Certification or whether they simply
have a desire to remain current on the subject of financial risk.
For those using the FRM Handbook as a guide for the FRM Exam, each chapter
includes questions from previous FRM exams. The questions are selected to provide
systematic coverage of advanced FRM topics. The answers to the questions are ex-
plained by comprehensive tutorials.
The FRM examination is designed to test risk professionals on a combination of
basic analytical skills, general knowledge, and intuitive capability acquired through
experience in capital markets. Its focus is on the core body of knowledge required
for independent risk management analysis and decision-making. The exam has been
administered every autumn since 1997 and has now expanded to 43 international
testing sites.The FRM exam is recognized at the world’s most prestigious global certification
program for risk management professionals. As of 2002, 3,265 risk management pro-
fessionalshaveearnedtheFRMdesignation.Theyrepresentover1,450differentcom-
panies, financial institutions, regulatory bodies, brokerages, asset management firms,
banks, exchanges, universities, and other firms from all over the world.
GARP is very proud, through its alliance with John Wiley & Sons, to make this flag-
ship book available not only to FRM candidates, but to risk professionals, professors,
andtheirstudentseverywhere.PhilippeJorion,preeminentinhisfield,hasonceagain
prepared and updated the Handbook so that it remains an essential reference for risk
professionals.
Any queries, comments or suggestions about the Handbook may be directed to
frmhandbook garp.com. Corrections to this edition, if any, will be posted on GARP’s
Web site.
Whether preparing for the FRM examination, furthering your knowledge of risk
management, or just wanting a comprehensive reference manual to refer to in a time
of need, any financial services professional will find the FRM Handbook an indispens-
able asset.