Aparna Gupta is an associate professor of quantitative finance, director of the Financial Engineering and Risk Analytics Program, and co-director of the Center for Financial Studies in the Lally School of Management at Rensselaer Polytechnic Institute. She is also an associate professor of industrial and systems engineering in the School of Engineering. Her research interest is in addressing issues in risk management at the individual and the institutional levels. She conducts US National Science Foundation funded research in financial innovation for risk management. Dr. Gupta earned her doctorate from Stanford University and her B.Sc. and M.Sc. degrees in Mathematics from the Indian Institute of Technology, Kanpur.

• Risk and Regulation: Defining Risk. Framework for Risk Management. Regulations and Risk Management. Modeling and Simulation of Risk: Principles of Simulation and Generating Random Variates. Modeling Risk Evolving over Time. Building and Solving Models of Risk. Risk Management: Managing Equity Market Risk. Managing Interest Rates and Other Market Risks. Credit Risk Management. Strategic, Business and Operational Risk Management. Risk Management Using Insurance. Advanced Simulation: Advanced Simulation Topics. Bibliography. Index.

"The book in question has many qualities that make it stand out from others in the field. ... The clear strength of the book is the sheer amount of topics it is able to cover in relatively few pages. ... It is filled with many institutional and well-written historical details. ... the wide encompassing nature of the book allows the reader to get a quick overview of many of the problems in risk management. ... the book could be well suited for an in-classroom graduate course in quantitative finance or risk management ..." -Journal of the American Statistical Association, December 2014 "... this book is a unique and wonderful combination of risk management and financial simulation concepts that will set the reader on a strong footing for a rewarding career in risk management. Drawing on her experience in teaching risk management and computational technique courses to undergraduate and graduate students for a decade and a half, Gupta offers an accessible book on an increasingly important topic. Her explanation of the complex models and computational techniques is well thought out and well motivated, which should make reading the material both inviting and appealing." -From the Foreword by Emmanuel (Manos) D. Hatzakis, Ph.D., CFA, FRM, Risk, Structuring, and Analytics Expert, UBS "Gupta's Risk Management and Simulation provides a comprehensive yet accessible exposition of simulation methods in modern risk management. With carefully selected questions and exercises, the book is highly recommended for professionals and students who desire deeper quantitative knowledge of risk management." -Wei Chen, Ph.D., FRM, Head of Banking Risk Product Management, SAS Institute Inc.