Product Description
Praise for Structured Finance & Insurance
"More and more each year, the modern corporation must decide what risks to keep and what risks to shed to remain competitive and to maximize its value for the capital employed. Culp explains the theory and practice of risk transfer through either balance sheet mechanism such as structured finance, derivative transactions, or insurance. Equity is expensive and risk transfer is expensive. As understanding grows,... More >>
Structured Finance and Insurance: The ART of Managing Capital and Risk
Tags: Risk, Finance, Structured, managing capital, risk transfer, Insurance
{ 3 comments… read them below or add one }
It is a good textbook for a course taught at very few places. Decent academic background is provided. The students will be able to use some of the stuff if they get jobs in the field. Overly academic to my taste. Probably appropriate for a textbook.
I ordered this book for a graduate course I am taking. The book seems really great if you’re in the industry. However, I am just getting into the risk management field and for someone like me, it’s a little hard to follow this book sometimes without prior finance knowledge. It seems more geared toward CEO’s or CFO’s. So depending who you are, you will get different things out of it. If you’re a professional, you’ll probably benefit the most out of it, I would think. Even as a finance student, it’s informative; just keep investopedia and a dictionary close by.
This book provides a great details and knowledges about structured finance. If you are interested in the overall depth understanding about this area, this book is a good buy.
You must log in to post a comment.