This book provides a comprehensive treatment of the theoretical concepts and modelling techniques of quantitative risk management and equips readers - whether financial risk analysts, actuaries, regulators, or students of quantitative finance - with practical tools to solve real-world problems

"This book consists of the following four parts: Motivations and Foundations; Elementary Probability and Statistics; Decision Making Models; and Advanced Statistical Modeling. Part I is introductory, and an initial chapter provides motivation for all of the subsequent chapters by means of...

Frontmatter -- Vorwort -- Inhaltsverzeichnis -- Abbildungsverzeichnis -- Teil I. Mathematik -- 1. Elementare Grundlagen -- 2. Vektoren, Matrizen und Determinanten -- 3. Lineare Gleichungssysteme -- 4. Finanzmathematik -- 5. Differentialrechnung -- 6. Integralrechnung -- Teil II. Statistik -- 7....

An accessible introduction to the essential quantitative methods for making valuable business decisions Quantitative methods-research techniques used to analyze quantitative data-enable professionals to organize and understand numbers and, in turn, to make good decisions. Quantitative Methods:...