Discover how today's corporations are benefiting from accelerated learning to speed training time, improve results, and reduce costs. Accelerated learning is the use of music, color, emotion, play, and creativity to involve the whole student and enliven the learning experience. The Accelerated Learning Handbook is the first definitive book to explain state-of-the-art accelerated learning techniques to trainers and teachers, and features 40 techniques designed to save money while producing far better results. Leading expert Dave Meier provides an overview of the background and underlying principles of accelerated learning, and reviews the latest supporting research results. Training professionals will look to The Accelerated Learning Handbook to: Improve the long-term value of training Cut course development time by half Discover tips for music- and computer-based learning
materials-based ones. The Cure Both books and concrete experience contribute
to our learning. There are times when everything in both lists (on previous page)
can be used to help us learn. But it's still true that: 4 '~"\\ If you seek information,
read words. \\ If you seek understanding, have experiences. )I To make learning
more effective it needs to be ll experience-based more than exclusively
wordbased, Whether in the classroom or on the Web. Yet when designing
learning programs, ...
A thorough guide to correlation risk and its growing importance in global financial markets Ideal for anyone studying for CFA, PRMIA, CAIA, or other certifications, Correlation Risk Modeling and Management is the first rigorous guide to the topic of correlation risk. A relatively overlooked type of risk until it caused major unexpected losses during the financial crisis of 2007 through 2009, correlation risk has become a major focus of the risk management departments in major financial institutions, particularly since Basel III specifically addressed correlation risk with new regulations. This offers a rigorous explanation of the topic, revealing new and updated approaches to modelling and risk managing correlation risk. Offers comprehensive coverage of a topic of increasing importance in the financial world Includes the Basel III correlation framework Features interactive models in Excel/VBA, an accompanying website with further materials, and problems and questions at the end of each chapter
There are three main parties in a CDO: 1. The originator (or protection buyer),
who transfers the credit risk. 2. The investor, who assumes the credit risk. 3. The
special purpose vehicle (SPV), which manages the CDO. The motivation for the
originator is naturally to transfer the credit risk, which improves his credit rating,
frees credit lines, reduces regulatory capital, and lowers funding cost. The
motivation for the investor is to receive high yields. The motivation for the SPV is
fee income.
