NUS
 
ISS
 

Advanced Machine Learning for Financial Services

Overview

Reference No TGS-2023018995
Part of -
Duration 4 days
Course Time 9:00am - 5:00pm
Enquiry Please contact ask-iss@nus.edu.sg for more details.

This course is designed to meet the need of financial firms to understand advanced ML models (beyond basics) which they either are using now or plan to use in future. As the model developing units of financial service providers such as banks, reinsuring agencies are venturing more and more into advanced ML models, understanding the mechanics behind them is becoming increasingly relevant. After attending NUS-ISS’s Statistics Bootcamp and Predictive Analytics from Data Science track or Problem Solving Using Pattern Recognition and Pattern Recognition & Machine Learning Systems from IS track for the preliminary grounding, this course will elevate participants’ learning process further in terms of other advanced topics and for companies this will in-turn mean a task force capable of applying the relevant financial analytics techniques with suitable technical and contextual reasoning

This course is part of the Data Science series offered by NUS-ISS.

Key Takeaways

Upon completion of this 4-day Advanced Machine Learning for Financial Services Python-based course, attendees will learn how to (in the context of finance sector):

  • Analyse and select the type of algorithm suited for their data science problem
  • Implement and evaluate bagging, boosting, and ensemble methods
  • Evaluate the architectural considerations for different use-cases and 1-2 implication examples for deployment and monitoring
  • Create PyTorch environment for practical usage based on understanding of the advancements in deep learning for financial domain
  • Implement and evaluate autoencoders in PyTorch based on understanding of autoencoders at a conceptual level
  • Evaluate considerations when using RNN for a real world financial application based on understanding of the RNN architecture
  • Implement and evaluate some of the deep learning techniques on a relevant case-study given as a class exercise
  • Evaluate the suitability of various ML/AI algorithm usage in Finance
  • Analyse the role of MLOps and the role of responsible & explainable AI in financial services along with some practical examples



Who Should Attend

This course has been currently designed to be suitable for participants working in banking/finance, regulatory sector and performing following roles: 

  • Data Analyst
  • Financial analysts
  • Data Scientist
  • AI Expert
  • Regulators
  • Data engineers
  • AI product managers
  • Data science project managers
  • Underwriters
  • Pricing Actuaries
  • Head of claims
  • Business intelligence analysts

Pre-requisites:

  • Working knowledge in the finance sector
  • Good understanding of AI/ML
  • Experience and involved in AI/ML projects in the finance sector
  • Comfortable with programming in Python and PyTorch
  • Comfortable with using Google Colab notebooks


What to Bring

No printed copies of course materials are issued.
Participants must bring their internet-enabled computing device (laptops, tablet etc) with power charger to access and download course materials.

If you are bringing a laptop, please see below for the tech specs:

 

Minimum

Recommended

Operating Systems

• Windows 7, 8, 10 or
• Mac OS

Laptop running the latest
version of either Windows or
Mac OS

System Type

32-bit

64-bit

Memory

8 GB RAM

16+ GB RAM

Hard Drive

256 GB disk size

 

Others

• An internet connection – broadband wired or wireless
• Installation permissions (non-company laptops)
• Keyboard
• Mouse/Trackpad
• Display
• Power adapter (laptop battery might run out)

DirectX 10 graphics card for graphics hardware acceleration

 


Additional Software Requirements:
• Python (Anaconda)
• Google Colab



What Will Be Covered

This course will cover: 
  • Introduction to Tree-Based methods, bagging and boosting algorithms
  • Application of boosting and ensemble methods in finance
  • Different architectures of Neural Networks and advancement over time
  • Introduction to Deep Learning and PyTorch framework for modelling in general
  • Introduction to Auto-Encoders and application into Financial modelling
  • Introduction to Recurrent Neural Network and application into financial modelling
  • Mini-project
  • Use case and evaluation of ML/AI applications in finance
  • High-level introduction to MLOps and Responsible AI



Fees & Subsidies

Fees for 2024
  Full Fee Singaporeans & PRs
(self-sponsored)
Full course fee S$3600 S$3600
ISS Subsidy  - (S$360)
Nett course fee S$3600 S$3240
9% GST on nett course fee S$324 S$291.60
Total nett course fee payable, including GST S$3924 S$3531.60
Note:
  1. All fees and subsidies are valid from January 2024, unless otherwise advised.
  2. All self-sponsored Singaporeans aged 25 and above can use their SkillsFuture Credit to pay for course fees. For more information about SkillsFuture Credit, click here.
  3. From 1st January 2024, the GST will be increased to 9%.



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Certificate

Certificate of Completion
The ISS Certificate of Completion will be issued to participants who have attended at least 75% of the course.

Assessment Plan
This course aims to assess the participants’ technical Skills & competencies through the following means.

Type of assessments activity

Supporting materials

Assessed output

Assessment method (Individual)

Individual workshop

 

The course participants will carry out technical workshop with a given dataset/business case.

 

Workshop Handouts

Completed workshop outputs as an Individual

Workshop output graded on a “Pass / Fail” basis by ISS assessor

 

 

Individualwritten assessment

 

An individual written assessment that will test the understanding of key concepts/ skills / technical competencies

Assessment Paper/ online quiz

Completed answer book/ online quiz

Answer book / online quiz graded on a “Pass / Fail” basis by ISS assessor

 

 


Assessors will be domain experts from the ISS Teaching Staff (Instructor for this course).

To be deemed ‘Competent’ for each learning objective (skills & knowledge), participants must have achieved a mark of ‘Competent’ in all of the corresponding assessed activities.

TSC Description
: Develop, select and apply algorithms and advanced computational methods to enable systems or software agents to learn, improve, adapt and produce desired outcomes or tasks. This also involves the interpretation of data, including the application of data modelling techniques to explore and address a specific issues or requirements.

TSC Proficiency Description: Level 5 

  • Develop and utilise new algorithms and advanced statistical models to enable production of desired outcomes
  • Knowledge
    • Industry developments and trends in analytics, algorithms and statistical modelling
    • New and emerging data analytics and modelling tools and methodologies
    • Broad range of algorithms and advanced programming techniques
    • Elements of complex or advanced algorithms and computational models
    • Applicability of various data analytics methodologies and techniques to address different business issues
  • Abilities
    • Direct data analytics and statistical modeling efforts across the organisation
    • Make decisions on appropriate data analytics and computational methodologies to the problem
    • Design complex or advanced statistical and computational methods
    • Evaluate a brad range of algorithms and advanced computational methods to determine suitability for business context
    • Spearhead the application of algorithms, models and computational techniques to new domains
    • Establish guidelines for the creation and selection of effective algorithms and statistical models
    • Synthesis critical findings and insights to address a significant business need or problem



Preparing for Your Course

NUS-ISS Course Registration Terms and Conditions

Find out more.

NUS-ISS and Learner’s Commitment and Responsibilities

Find out more.

WIFI Access

WIFI access will be made available to participants.

Venue

NUS-ISS
25 Heng Mui Keng Terrace
Singapore 119615

Click HERE for directions to NUS-ISS

In the event of a change of venue, participants are advised to refer to the acceptance email sent one week prior to the commencement date.

Course Confirmation

All classes are subject to confirmation and NUS-ISS will send an acceptance email to participants one week prior to the commencement date. Confirmed registrants are to attend and complete all lectures, class exercises, workshops and assessments (where applicable). Additionally, all responses to feedbacks and surveys conducted by NUS-ISS and its partners must be submitted. All training and assessments will be delivered as described in the course webpage.

General Enquiry

Please feel free to write to ask-iss@nus.edu.sg if you have any enquiry or feedback.




Course Resources

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