This is an essential book for practitioners and researchers in the field of credit risk and credit analysis. Geared for both quants and non-quants alike, the book serves as a comprehensive introduction to both the theory and real-world practice of credit portfolio management. Unlike other authors in the field,Bohn and Crosbie provide both the theory and case examples of the theory applied to real-world practical problems to make this the most dynamic and informative book in the field of credit. Readers are first introduced to the theoretical foundations of the topic, and then learn both the structural approach to modeling credit risk and other alternative approaches used in the market today.In every instance, theory is illustrated with practical application of the concepts with real world examples, supplemented with Excel spreadsheets, Matlab code, and sample data available through a supporting website maintained by theauthors. Each section will end with review questions designed to spark further discussion and reflection on the concepts presented. Since both authors are directly involved in the market for credit risk management, they provide readers with extensive references to actual market conditions and concernsand the essential concepts and tools to do quantitative credit analysis properly. Readers are thus offered a superior portfolio approach to managing credit in a way that creates value, and learns how best to implement analytics that ultimatelysupport the management of a portfolio of credit instruments.
- ISBN: 978-0-470-08018-4
- Editorial: John Wiley & Sons
- Encuadernacion: Cartoné
- Páginas: 610
- Fecha Publicación: 21/04/2009
- Nº Volúmenes: 1
- Idioma: Inglés