Jorion P. Financial Risk Manager Handbook

The FRM Handbook provides the core body of knowledge for financial risk managers.
Risk management has rapidly evolved over the last decade and has become an indispensable
function in many institutions.
This Handbook was originally written to provide support for candidates taking the
FRM examination administered by GARP. As such, it reviews a wide variety of practical
topics in a consistent and systematic fashion. It covers quantitative methods,
capital markets, as well as market, credit, operational, and integrated risk management.
It also discusses the latest regulatory, legal, and accounting issues essential to
risk professionals.
Modern risk management systems cut across the entire organization. This breadth
is reflected in the subjects covered in this Handbook. This Handbook was designed to
be self-contained, but only for readers who already have some exposure to financial
markets. To reap maximum benefit from this book, readers should have taken the
equivalent of an MBA-level class on investments