АннотацияRisk management is no longer merely a passive cost-center in financial and non-financial organizations. Regulators, shareholders, executive management and investors look to risk managers for advice on risk budgeting. More than ever, risk managers are expected to make a thorough internal assessment of their organisation’s risk management frameworks and advise the board of directors and investors on their findings. Through its Professional Risk Manager (PRM) examination and qualification, the Professional Risk Managers’ International Association (PRMIA) offers an outstanding tool of education for risk managers at all institutions. To be awarded the PRM designation, candidates must successfully pass four exams. "The Professional Risk Manager (PRM) Exam Handbook - Exam 1" covers the Learning Outcome Statements (LOSs) issued by PRMIA for Exam 1. The topics dealt with in this exam are: finance theory, financial instruments and financial markets. "The Professional Risk Manager (PRM) Exam Handbook" is designed to help you fully prepare for the PRM exams, removing the need to source many different reference works, and to make the obscure concepts comprehensible. The Handbook has been designed to cover everything you will need to know for PRM Exam 1. Information is presented in a clear, organised way, and demands very little previous knowledge of risk and finance. Even if you are from a non-financial background this book is your accessible reference to the intricacies of financial markets and risk management.
