Financial Analytics
Description
Financial analytics helps to identify insights from vast amounts of data that financial institutions have to help them to answer specific business questions and to forecast possible future scenarios. Financial firms are investing significant sums in data analytics to facilitate market trading activities and to improve business processes that range from customer acquisition to fraud detection. With large amounts of data available and great potential value for providing competitive edge to businesses, the demand for analytics professionals is also increasing. Analytics professionals in the banks require a broad array of skills such as data management, analysis, statistics, and an understanding of the financial services domain.The module helps students understand how analytics techniques are applied in financial institutions. Through hands-on application of analytics techniques in financial services contexts, together with class discussion and labs, students will learn how business objectives and constraints can be supported by data analytics.
Requisites
Prerequisites: IS111/SMT111/CS105/COR-IS1704 - Pre-req
Co-requisites: None
Anti-requisites: None
Attributes
Department: SCIS
Course Level: Undergraduate
Tracks: IS/T4BS: Business Analytics Track IS/T4BS: Financial Technology Track
Areas: Accounting Data and Analytics Electives Accounting Electives Accounting Options Advanced Business Technology Major Business Options Business-Oriented Electives Econ Major Rel/Econ Options Finance Electives Financial Forensics Electives Grad Req - Dig Tech/Data Ana (Intake 2024 onwards) IS Depth Electives Social Sciences/PLE Major-related Business Core-Dig Skls in Biz(Intake 2025 onwards) IT Solution Development Electives
Learning Outcomes
Graduate Learning Outcomes
Disciplinary Knowledge, Innovation and enterprising skills, Collaboration and leadership, Communication
Competencies
Data Analytics, Business Innovation, Business Risk Management, Computational Modelling, Data Visualisation