Corporate Financial Risk Management: A Computer-based Guide for Nonspecialists - Hardcover

Nersesian, Roy

Hardcover

ISBN 10: 1567205844 ISBN 13: 9781567205848

Publisher: Praeger Publishers Inc, 2004

Synopsis

What if you could understand financial risk management without immersing yourself in high-level mathematics? In this straightforward, readable guide-which requires only a working familiarity with financial spreadsheets-Nersesian explains what financial risk management is, describes its various forms, and shows how to anticipate and cope with it. Nersesian's approach is truly new. He combines cost/benefit analysis with probability distributions, so you can easily grasp the concepts and mechanics of financial risk reduction, and his examples are expressed in familiar business terminology. His illustrations, built on the widespread and popular Excel spreadsheet, are equally familiar or easily grasped by computer-friendly novices. As a result, Nersesian shows that risk management can be appreciated and dealt with by people with no access to risk management specialists, or specialists whose jargon and analytic methods are seldom understood by anyone but themselves.

About this title

Synopsis

What if you could understand financial risk management without immersing yourself in high-level mathematics? In this straightforward guide - which requires only a working familiarity with financial spreadsheets - Nersesian explains what financial risk management is, describes its various forms, and shows how to anticipate and cope with it. He combines cost/benefit analysis with probability distributions, so you can easily grasp the concepts and mechanics of financial risk reduction, and his examples are expressed in familiar business terminology. His illustrations, built on the widespread and popular Excel spreadsheet, are equally familiar or easily grasped by computer-friendly novices. As a result, Nersesian shows that risk management can be appreciated and dealt with by people with no access to risk management specialists, or specialists whose jargon and analytic methods are seldom understood by anyone but themselves.

About the Author

ROY L. NERSESIAN is Associate Professor in the Management and Marketing Department, School of Business, Monmouth University in West Long Branch, New Jersey. He is the author or coauthor of five previous books including Trends and Tools for Operations Management (2000), Computer Simulation in Logistics (1996), and Computer Simulation in Financial Risk Management (1991).

Edition details

• Publisher: Praeger Publishers Inc
• Publication date: 2004
• ISBN 10: 1567205844
• ISBN 13: 9781567205848
• Binding: Hardcover
• Language: English
• Number of pages: 248