Value at Risk, 3rd Ed.: The New Benchmark for Managing Financial Risk

 ( Book Product ) 

• Value At Risk, 3rd Ed. available on March 26 2017 from VitalSource for itemprop="offers" target="_external" title="" itemscope itemtype="http://schema.org/Offer">85.0
  
• ISBN bar code 9780071736923 ξ1 registered March 17 2016
  
• ISBN bar code 9780071736923 ξ2 registered March 16 2016
  
• Product category is Value-at-Risk-3rd-Ed Philippe-Jorion Book

• Sku # 9780071736923
  

BACKValue at Risk The Benchmark for Managing Financial Risk Second Edition Philippe Jorion HEADLINE Extensively Revised and Updated—Philippe Jorion's Comprehensive Reference on Financial Risk Management SUBHEAD Praise for Value at Risk, Second Edition: "This book has become an industry standard for value at risk." "Professor Jorion has succeeded in producing a great second edition. The book excels in explaining a complex subject with amazing clarity and depth. I recommend it highly to the novice as well as the practitioner and regulator of financial risk management. The theory is presented in plain language and brilliantly interspersed with examples of how the craft evolved—as well as accidents and what can be learned from them. A ‘must read.'" "Many books on VaR can be intimidating. Philippe Jorion offers a pragmatic and readable guide that covers the basics as well as recent best practice. A good primer, but also a good review of the state of the art." In 1996, the first edition of Philippe Jorion's Value at Risk gave financial professionals worldwide the first comprehensive description of value at risk (VAR). Now, to keep pace with sweeping changes and advances in the field of risk management, Jorion updates this state-of-the-art reference with new information on: • Latest risk management methods including backtesting, liquidity risk, and stress-testing • Techniques for understanding—and working within—today's new environment of integrated risk management, including market, credit, and operational risk • Strategic application of RAROC methods and VAR investment management systems FLAP Value at Risk The Benchmark for Managing Financial Risk Second Edition Philippe Jorion Even as risk management assumes an increasingly central role in financial institutions, the actual understanding of financial risk continues to be problematic. Financial disasters still occur—witness Asia's 1997 market turmoil, Russia's

^ Value at Risk, 3rd Ed.: The New Benchmark for Managing Financial Risk ISBN 9780071736923 (revised Aug 2025)
^ Value At Risk, 3rd Ed. VitalSource. ISBN 9780071736923 (revised Mar 2017)