Financial Risk Management: A Practitioner's Guide to Managing Market and Credit Risk, 2nd Edition

Advance Praise for Financial Risk Management, Second Edition

"Steve Allen's revised book is an excellent read for both seasoned risk professionals and students. He has done a wonderful job of making a complex topic understandable. His chapters on financial crises should be a must-read for everyone in the profession as 'those who don't learn from history are forced to repeat it.'"
—Leslie Rahl, CEO and Managing Partner, Capital Market Risk Advisors

Praise for the First Edition

"A very practical and deep approach to the problems of financial risk management."
—Nassim Nicholas Taleb, Distinguished Professor of Risk Engineering, New York University's Polytechnic Institute, and??author of The Black Swan and Antifragile

"Key material on how risks can be isolated, quantified, and managed from a top risk management practitioner."
—John Hull, Maple Financial Chair in Derivatives and Risk Management, and Director, Bonham Centre for Finance, University of Toronto

"Allen's book is a treasure-trove of material and an invaluable resource for any professional seeking to understand modern risk management. It begins with basic concepts and builds carefully to the practical and theoretical ideas necessary for dealing with the complexities of the most sophisticated and relevant financial instruments today."
—Neil Chriss, Managing Principal, Hutchin Hill Capital, and author of Black-Scholes and Beyond

The Second Edition of Financial Risk Management + Website puts an emphasis on practical application. To that end, this book provides readers with exclusive access to a companion website filled with supplementary materials,??allowing you to continue to learn in a hands-on fashion long after closing the book.