Numbers are alluring. They are seductive and they are universal. Mind Your Language was not set in a maths class. When young graduates anywhere in the world are recruited into Risk Management, they face a mighty struggle to grasp all the complexities of the institution and the markets that they land in. The temptation is to stay in their comfort zone. For maths or accounting graduates, that means the numbers that they know how to deal with from their text books at school. In Risk Management, be it in market risk with VaR, in credit risk with credit ratios or in modelling, …
- 01 Nov
