Vous voulez voir cette page en fran�ais ? Cliquez ici.

Quantity:

More Buying Choices

Have one to sell? Sell yours here

Share your own customer images

Search inside this book

An Introduction to Credit Risk Modeling [Hardcover]

Christian Bluhm (Author), Ludger Overbeck (Author), Christoph Wagner (Author)

4.5 out of 5 stars See all reviews (2 customer reviews)

List Price:	CDN$ 100.50
Price:	CDN$ 91.59 & this item ships for FREE with Super Saver Shipping. Details
You Save:	CDN$ 8.91 (9%)
	o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o

In Stock.
Ships from and sold by Amazon.ca. Gift-wrap available.

Only 1 left in stock--order soon (more on the way).

Want it delivered Tuesday, May 29? Choose One-Day Shipping at checkout.

There is a newer edition of this item:

Introduction to Credit Risk Modeling, Second Edition
CDN$ 30.98

In Stock.

Product Details

Hardcover: 297 pages
Publisher: Chapman and Hall/CRC; 1 edition (Sep 27 2002)
Language: English
ISBN-10: 158488326X
ISBN-13: 978-1584883265
Product Dimensions: 23 x 17.5 x 2.2 cm
Shipping Weight: 590 g

Average Customer Review: 4.5 out of 5 stars See all reviews (2 customer reviews)

Amazon Bestsellers Rank: #465,435 in Books (See Top 100 in Books)

Would you like to update product info or give feedback on images?

See Complete Table of Contents

Product Description

In today's increasingly competitive financial world, successful risk management, portfolio management, and financial structuring demand more than up-to-date financial know-how. They also call for quantitative expertise, including the ability to effectively apply mathematical modeling tools and techniques.

An Introduction to Credit Risk Modeling supplies both the bricks and the mortar of risk management. In a gentle and concise lecture-note style, it introduces the fundamentals of credit risk management, provides a broad treatment of the related modeling theory and methods, and explores their application to credit portfolio securitization, credit risk in a trading portfolio, and credit derivatives risk. The presentation is thorough but refreshingly accessible, foregoing unnecessary technical details yet remaining mathematically precise.

Whether you are a risk manager looking for a more quantitative approach to credit risk or you are planning a move from the academic arena to a career in professional credit risk management, An Introduction to Credit Risk Modeling is the book you've been looking for. It will bring you quickly up to speed with information needed to resolve the questions and quandaries encountered in practice.

Book Info

Supplies both the bricks and the mortar of risk management. Provides a broad treatment of the related modeling theory and methods, and explores the application to credit portfolio securitization and credit risk in a trading portfolio.

Inside This Book (Learn More)

First Sentence
Why is credit risk management an important issue in banking? Read the first page

Explore More
Concordance

Tag this product

(What's this?)

Think of a tag as a keyword or label you consider is strongly related to this product.
Tags will help all customers organize and find favorite items.

Customer Reviews

2 Reviews

5 star:		(1)
4 star:		(1)
3 star:		(0)
2 star:		(0)
1 star:		(0)

Average Customer Review

4.5 out of 5 stars (2 customer reviews)

Share your thoughts with other customers:

Create your own review

Most helpful customer reviews

4.0 out of 5 stars Excellent Book For Credit Risk Managers, Feb 27 2003

By A Customer

This review is from: An Introduction to Credit Risk Modeling (Hardcover)

This is an excellent book covering the latest thinking in credit risk modeling. It could have used more on documentation and structuring risk, so I only gave it four stars, but it is five stars in model review.

For more on product descriptions and structuring risk, I highly recommend Tavakoli's "Credit Derivatives" 2nd Edition.

Help other customers find the most helpful reviews

Was this review helpful to you? Yes No

Report abuse

5.0 out of 5 stars CreditTrader, Nov 5 2002

By A Customer

This review is from: An Introduction to Credit Risk Modeling (Hardcover)

This is an excellent treatise on the near state-of-the-art in credit risk management. Although the focus is on sell-side risk management, many (if not all) of the techniques described can be used on the buy-side also.

This is the first book that really focusses on the portfolio problem of credit risk - many books have touched on vendor-provided models and their shortcomings but Bluhm et al. take it further into the practitioner's world.

The reader does not need a very strong background in math or physics but some understanding of finance and stochastic calculus would help to get the most out of it.

I recommend to everyone who is either in or thinking of getting into credit risk as a career - enjoy....

Help other customers find the most helpful reviews

Was this review helpful to you? Yes No

Report abuse

Share your thoughts with other customers: Create your own review

› See both customer reviews...

Most Helpful Customer Reviews on Amazon.com ^(beta)

Amazon.com: 4.7 out of 5 stars (7 customer reviews)

25 of 26 people found the following review helpful

5.0 out of 5 stars CreditTrader, Nov 5 2002

By A Customer - Published on Amazon.com

This review is from: An Introduction to Credit Risk Modeling (Hardcover)

The reader does not need a very strong background in math or physics but some understanding of finance and stochastic calculus would help to get the most out of it.

I recommend to everyone who is either in or thinking of getting into credit risk as a career - enjoy....

7 of 7 people found the following review helpful

5.0 out of 5 stars a very good book, Oct 31 2006

By K. J. Broekema - Published on Amazon.com

Amazon Verified Purchase(What's this?)

This review is from: An Introduction to Credit Risk Modeling (Hardcover)

The authors wanted to write the book that they themselves would have liked to read before starting a profession in risk management. I am working for a treasury consultancy firm. This book was the best of the five I bought. The text is very clear yet does not assume too much prior knowledge. It covers theory as well as industry practice. The book contains much advanced statistics and readers must have some background in order to handle this. The authors keep it simple but not too simple. Their approach is pragmatic throughout. I am really happy to have read this book when I started doing work in credit risk management.

7 of 8 people found the following review helpful

4.0 out of 5 stars read this before going for it, April 23 2007

By Humayun Riyasat "Humayun Ali" - Published on Amazon.com

This review is from: An Introduction to Credit Risk Modeling (Hardcover)

Well first off I would like to tell anyone who doesn't have a solid working knowledge of calculus (including multivariate) to avoid this book as it requires multiple integrals and infinite series and sequences. Now onto the good and the bad:

THE GOOD:

This text explains concepts very well and is FULL of examples. I mean literally 3/4 of the book, maybe more, is examples. Every chapter also has a section of problems that have partial solutions, which can come in very handy. This is pretty much all that is good about this text, but keep in mind that explaination is the most important part of any textbook.

THE BAD:

The proofs skip plenty of steps. And I mean plenty, so much that a proof in the book would take 5 lines but when my professor proved it in class it would take him nearly 15. Also while there are tonnes of examples, too many are theoretical and very hard. The book costs a hefty amount of change and is suprisingly small, Author couldl have given few more examples to make it interesting. However the worst thing about this book is how the author leaves important things in with the text often. However most these things are small, and overall the text is a good intro to probability theory.

› Go to Amazon.com to see all 7 reviews 4.7 out of 5 stars