This book provides a unique focused introduction to the analytical skills methods and
techniques in the assessment of credit risk that are necessary to tackle and analyze complex
credit problems. It employs models and techniques from operations research and management
science to investigate more closely risk models for applications within the banking industry
and in financial markets. Furthermore the book presents the advances and trends in model
development and validation for credit scoring rating the recent regulatory requirements and
the current best practices. Using examples and fully worked case applications the book is a
valuable resource for advanced courses in financial risk management but also helpful to
researchers and professionals working in financial and business analytics financial modeling
credit risk analysis and decision science.