Risk Management Book By Bessis?

slevin · February 5th, 2003, 4:21 pm

Risk Management in Banking, 2nd EditionJoël Bessishas anyone heard anything about it? it claims to be a good elementary intro, but has anyone actually read it?

csparker · February 5th, 2003, 4:44 pm

I have the first edition. A pretty good introduction to Risk Management in BANKING, so there is a lot on liquidity and interest rate risks, capital, portfolio risks etc. Not too much about derivatives. I wasn't a fan of their sections on VaR (even found a major misprint / error). It does what it says on the tin, but does not cover the derivatives side very well. Kevin Dowd's book may be a better bet (can't remember the title). Also, since Bessis is a Wiley book (or at least edition 1 was), there might be a Wilmott discount...

GrahamfromWiley · February 20th, 2003, 2:35 pm

Joël Bessis's "Risk Manangement in Banking" 2nd edition and Kevin Dowd's "Measuring Market Risk" are both available at special discount in the Wilmott Book Club. And all you have to do to join the Wilmott Book Club is to subscribe to the magazine subscribe