Risk Taking: A Corporate Governance Perspective
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A step-by-step guide covering Python, SQL, analytics, and finance applications.
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Get full access to all Data Science, Machine Learning, and AI courses built for finance professionals.
One-time payment - Lifetime access
Or create a free account to start
A step-by-step guide covering Python, SQL, analytics, and finance applications.
Or create a free account to access more
This reading is a part of the syllabus for FRM Part 1 Exam in the section 'Foundations of Risk Management'.
In the first two sections the book lays out the scope of risk management by defining risk and exploring risk governance. The next few sections look at measuring and dealing with risk and the different tools used to incorporate risk into decision making. The final portion of the manual advocates for a broader view of risk management, demonstrates its impact on the value of a business and suggests a template for building a good risk-taking organization. Sections are tied to simple steps in the generalized risk management process.
This ebook is available as a free download from the IFC website.