The Essentials of Risk Management
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- Type：Epub+TxT+PDF+Mobi
- Create Date：2021-10-13 09:55:19
- Update Date：2025-09-06
- Status：finish
- Author：Michel Crouhy
- ISBN：0071818510
- Environment：PC/Android/iPhone/iPad/Kindle
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Summary
The definitive guide to quantifying risk vs。 return--fully updated to reveal the newest， most effective innovations in financial risk management since the 2008 financial crisis
Written for risk professionals and non-risk professionals alike， this easy-to-understand guide helps you meet the increasingly insistent demand to make sophisticated assessments of companies' risk exposure。 It provides the latest methods for:
Measuring and transferring credit risk
Increasing risk-management transparency
Implementing an organization-wide Enterprise risk Management （ERM） approach
Michel Crouhy is head of research and development at NATIXIS and the founder and president of the NATIXIS Foundation for Quantitative Research。
Dan Galai is the Abe Gray Professor of Finance and Business Administration at the School of Business Administration， the Hebrew University in Jerusalem。
Robert Mark is the Founding Chief Executive Officer of Black Diamond Risk which provides corporate governance， risk management consulting， risk software tools， and transaction services。
Written for risk professionals and non-risk professionals alike， this easy-to-understand guide helps you meet the increasingly insistent demand to make sophisticated assessments of companies' risk exposure。 It provides the latest methods for:
Measuring and transferring credit risk
Increasing risk-management transparency
Implementing an organization-wide Enterprise risk Management （ERM） approach
Michel Crouhy is head of research and development at NATIXIS and the founder and president of the NATIXIS Foundation for Quantitative Research。
Dan Galai is the Abe Gray Professor of Finance and Business Administration at the School of Business Administration， the Hebrew University in Jerusalem。
Robert Mark is the Founding Chief Executive Officer of Black Diamond Risk which provides corporate governance， risk management consulting， risk software tools， and transaction services。
Reviews
Michael Kocz
，
Great book for any financial risk manager。 Those， such as myself， who have been in the business for some time would benefit from re-reading this primer as a means of re-introducing themselves to the complexity of what's before them。 Great book for any financial risk manager。 Those， such as myself， who have been in the business for some time would benefit from re-reading this primer as a means of re-introducing themselves to the complexity of what's before them。 。。。more
Matt Dubois
，
Was looking more for project risk， but the financial risk industry has a lot of concepts， tools， and lessons to offer that can be used as a basis to consider project risk。 Lots of detail and numbers-good but a little dry。
Pedro Pinto
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Risk Management - Slightly more than the essentialsGood starting point to risk management。 Although it can be read by an interested reader， you need to have advanced financial knowledge to fully grasp all its content， examples and situations presented。The book is naturally skewed to the financial industry， as this sector is spearheading such endeavors， nonetheless all the knowledge and takeaways can be adapted for non-financial institutions。The book sets the building blocks of Risk Management （a Risk Management - Slightly more than the essentialsGood starting point to risk management。 Although it can be read by an interested reader， you need to have advanced financial knowledge to fully grasp all its content， examples and situations presented。The book is naturally skewed to the financial industry， as this sector is spearheading such endeavors， nonetheless all the knowledge and takeaways can be adapted for non-financial institutions。The book sets the building blocks of Risk Management （and sometimes goes well beyond that）。 As an improvement suggestion， there should be more practical examples and the cases presented could have been more dissected from an analytical perspective to help the reader to consolidate the presented concepts and theory。 。。。more
Mark
，
Re-read notes: I was a bit harsh the first time around。 This is actually a fairly decent overview of financial risk and a survey of measurement and mitigation tools。 It is indeed a fairly superficial treatment， but it is only meant to be the Essentials after all。 Largely superficial treatment of banking ERM with next to nothing on ex bank sectors。 The fact that the authors dubbed LTCM a “near” failure and praised the prescience of Greenspan in the Intro should have tipped me off。
Amr ElSemelawy
，
It is a good background for general knowledge in Risk management issues， the good thing about the book is that Quantitative parts are very minimal， which is a unique thing compared to most of the books on risk management Topics。 Only the negative point about the book that was written in 2004 which of course missed all the new Risk Management techniques post 2008 crisis。
Justin Nguyen
，
Michel Crouchy had done a good overview which is necessary to step into risk management world。 The book covers most of the aspects of risk management area。 However， because of overview， it's not detailed enough to really understand the concepts provided。 Therefore， this book is a best-fit for those who are complete novices at risk management and who are such super-experts that know everything in the book。 Michel Crouchy had done a good overview which is necessary to step into risk management world。 The book covers most of the aspects of risk management area。 However， because of overview， it's not detailed enough to really understand the concepts provided。 Therefore， this book is a best-fit for those who are complete novices at risk management and who are such super-experts that know everything in the book。 。。。more
Fernando Chávez Gutiérrez
，
The book is very important for me
Ming Huang
，
good
Aasim Waheed
，
This book should've been called "The essentials of financial risk management in banking sector" or something to that effect。 This is not what I expected this book to be and therefore didn't read it completely。Rating: 1/10 This book should've been called "The essentials of financial risk management in banking sector" or something to that effect。 This is not what I expected this book to be and therefore didn't read it completely。Rating: 1/10 。。。more
Michael
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