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Lionel Martellini, PhD, Vijay Vaidyanathan, PhD, John Mulvey - Princeton University, Gideon OZIK, Sean McOwen, and Claudia Carrone

The Data Science and Machine Learning for Asset Management Specialization has been designed to deliver a broad and comprehensive introduction to modern methods in Investment Management, with a particular emphasis on the use of data science and machine learning techniques to improve investment decisions.By the end of this specialization, you will have acquired the tools required for making sound investment decisions, with an emphasis not only on the foundational theory and underlying concepts, but also on practical applications and implementation. Instead of merely explaining the science, we help you build on that foundation in a practical manner, with an emphasis on the hands-on implementation of those ideas in the Python programming language through a series of dedicated lab sessions.

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What's inside

Four courses

Introduction to Portfolio Construction and Analysis with Python

(0 hours)
The practice of investment management has been transformed in recent years by computational methods. This course provides an introduction to the underlying science, with the aim of giving you a thorough understanding of that scientific basis. However, instead of merely explaining the science, we help you build on that foundation in a practical manner, with an emphasis on the hands-on implementation of those ideas in the Python programming language.

Advanced Portfolio Construction and Analysis with Python

(0 hours)
The practice of investment management has been transformed by computational methods. This course covers the estimation of risk and return parameters for meaningful portfolio decisions, and introduces state-of-the-art portfolio construction techniques.

Python and Machine Learning for Asset Management

(0 hours)
This course enables you to master machine-learning approaches in investment management. Starting from the basics, it helps you build practical skills to understand data science for better portfolio decisions.

Python and Machine-Learning for Asset Management with Alternative Data Sets

(0 hours)
Over-utilization of market and accounting data has led to portfolio crowding, mediocre performance and systemic risks, incentivizing financial institutions to quickly adopt alternative data. This course introduces the core concepts around alternative data, the most recent research in this area, as well as practical portfolio examples and actual applications.

Learning objectives

  • Write custom python code and use existing python libraries to build and analyse efficient portfolio strategies.
  • Write custom python code and use existing python libraries to estimate risk and return parameters, and build better diversified portfolios.
  • Learn the principles of supervised and unsupervised machine learning techniques to financial data sets
  • Gain an understanding of advanced data analytics methodologies, and quantitative modelling applied to alternative data in investment decisions

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