Financial Risk Manager Handbook, Fifth Edition supports candidates studying for the Global Association of RiskProfessional's (GARP) annual FRM exam and prepares you to assessand control risk in today's rapidly changing financial world.Authored by renowned risk management expert Philippe Jorion-withthe full support of GARP-this definitive guide summarizes the corebody of knowledge for financial risk managers.
The Financial Risk Manager Handbook, Fifth Edition remains a valuable educational and reference tool—especially for understanding the quantitative underpinnings of risk management and for FRM exam preparation. However, because it was published in 2009, readers should supplement it with more recent materials to cover post‑2008 regulation, ESG risks, fintech, and current market practices.
Includes detailed tutorials and examples that walk through prior FRM exam questions. Also provides an interactive CD-ROM (for print editions) with multiple-choice review questions and worked explanations.
FRM candidates looking for a deeply theoretical and quantitative base aligned with GARP’s curriculum.
Instructors & trainers, especially in corporate or academic settings, seeking structured content with guided FRM-style exercises.
Risk professionals interested in classic frameworks like VAR, credit derivatives, and integrated risk, though they should supplement with more up-to-date regulatory resources.