Financial Risk Manager Handbook, + Test Bank: FRM Part I / Part II

The Financial Risk Manager Handbook is good for Financial Risk Manager certification test. This book is also good for the Certified Fraud Examiner certification test. This book is good for people who want to learn about risk in general. This book also focused on specific aspects of risk. I highly recommend this book for anyone who have the time to study about risk.

I bought this product to help me to understand this topic.This book is complete and also had practice sets.However, some people would prefer concise book to prepare for their frm test.For me, I just bought it as one time investment instead buying some concise books about risk.

The kindle version of this book looks fine, but there is not access code for test bank. the publisher said either buy e-version from their website or no code, even they provide link to amazon.

It arrived in perfect conditions!

Not clear that the item is trying to be foisted off on people by the GARP entity at full price, of several hundreds of dollars basically.Not clear that GARP are solely interested in making money, and this takes primacy over all other considerations.Mr. Jorion is recycling material from elsewhere in his oeuvre. Recycling previous test materials. Recycling is everything for GARP - and this is a lucrative tie up for Mr. Jorion - money for old rope.If you are happy to buy into the dream, then go for it. The material of the book is poor - mine arrived with a slightly marked spine. The gluing in the book is poor.The contents... well, nowhere is it clear that you need to remember all of the equations (hundreds for all of the parts of the FRM) to be able to do the test bank.So, how does your life as a maths guy check out? You are no more a risk manager than pigs fly, this is analysis - grunt level work, that is handled by software, Excel and macros. Management of Risk is entirely different, and is ommitted by this book pretty much - the realities of how financial institutions and firms actually work with risk.And that, is the majority of things in how these entities work - not this muppet level, supine view of risk - which is sadly a poor attempt at preparing candidates for the money-go-round for GARP of the FRM. The IRM and its courses is of much more utility in the reality of risk management of how institutions work, and what you need to know to operate in that environment.

Formulas are barely visible when reading on the phone (see screenshot). Reader must have heavy background in RM already before reading the book, for noob it's really hard to manage. Majority of the book is just dry plain text, almost no pictures, no graphics, no "gamification".

This handbook is a fantastic comprehensive review. Professor Jorion, as always, provides a clear, concise explanation of the many challenging concepts.

Good book, although it's out-dated without covering several new topics.