Prior to the start of the MLI students are given access to our online resource in preparation for the certificate.

MLI Online Primer Resource:

• Python Primer for Data Science. Presented by Nikolaos Aletras, Lecturer at The University of Sheffield
• Python for Data Science and Artificial Intelligence Workshop. Presented by Paul Bilokon: Founder, CEO, Thalesians & Senior Quantitative Consultant, BNP Paribas
• Maths Primer Refresher Material: For each topic (Linear Algebra, Optimization, Probability & Statistics), there will be a specific quiz to test initial background knowledge. We recommend that you first attempt answering the quiz exercises without looking at any material.

Additional MLI Learning Resource:

• Big Data, High-Frequency Data, and Machine Learning with kdb+/q Workshop. Presented by Paul Bilokon: Founder, CEO, Thalesians & Senior Quantitative Consultant, BNP Paribas.

Level 1: Machine Learning Institute Certificate in Finance

Dates:

• Level 1 Starts: Tuesday 1st October 2019

ASSIGNMENTS:

Throughout the programme, candidates work on hands-on assignments designed to illustrate the algorithms studied and to experience first hand the practical challenges involved in the design and successful implementation of machine learning models. The data sets and problems are selected to be representative of the applications encountered in finance.

Introduction & Module 1: Tuesday 1st October

Welcome to the MLI Faculty:

• Paul Bilokon: Founder, CEO, Thalesians & Senior Quantitative Consultant, BNP Paribas
• Ivan Zhdankin: Associate, Quantitative Analyst, JP Morgan Chase & Co
• Adriano Soares Koshiyama: The Alan Turing Institute

Module 1 – Supervised Learning:

In this module, the concepts related to algorithmically learning from data are introduced. The candidates are given an early taste of a supervised machine learning application before going through the fundamental building blocks starting from linear regression and classification models to kernels and the theory underpinning support vector machines and then to the powerful techniques of ensemble learning.

Module 1 Faculty:

• Adriano Soares Koshiyama: The Alan Turing Institute

The module includes a combination of theoretical and hands-on assignments:

End of Module 1 Assignment.

Module 2 – Unsupervised Learning:

An important and challenging type of machine learning problems in finance is learning in the absence of ‘supervision’, or without labelled examples.

In this module, we first introduce the theoretical framework of hidden variable models. This family of models is then used to explore the two important areas of dimensionality reduction and
clustering algorithms.

Module 2 Faculty:

• Paul Bilokon: Founder, CEO, Thalesians & Senior Quantitative Consultant, BNP Paribas
• Ivan Zhdankin: Associate, Quantitative Analyst, JP Morgan Chase & Co

There are theoretical and applied assignments with financial data sets.

End of Module 2 Assignment.

Module 3 – Practitioners Approach to ML:

This module focuses on the practical challenges faced when deploying machine learning models within a real life context.

Each session in this module covers a specific practical problem and provides the candidates with guidance and insight about the way to approach the various steps within the model development cycle, from data collection and examination to model testing and validation and results interpretation and communication.

Module 3 Faculty:

• Paul Bilokon: Founder, CEO, Thalesians & Senior Quantitative Consultant, BNP Paribas
• Ivan Zhdankin: Associate, Quantitative Analyst, JP Morgan Chase & Co
• Mike Croucher: Technical Evangelist, NAG (Numerical Algorithms Group)

End of Module 3 Assignment.

Level 2: Machine Learning Institute Certificate in Finance

Dates:

• Level 2 Starts: Tuesday 21st January 2020

Module 4 – Neural Networks:

Neural Network models are an important building block to many of the latest impressive machine learning applications on an industrial scale.

This module aims to develop a solid understanding of the algorithms and importantly, an appreciation for the main challenges faced in training them. The module starts with the perceptron model, introduces the key technique of backpropagation before exploring the various regularisation and optimisation routines. More advanced concepts are then covered in relation to the next module on Deep Learning.

Although we cover the theoretical foundations of Neural Networks, the emphasis of the assignments will be on hands-on lab work where the candidates are given the opportunity to experiment with the techniques studied on financial and non-financial data sets.

Module 4 Faculty:

• Terry Benzschawel: Founder and Principal, Benzschawel Scientific, LLC
• Alexei Kondratyev: Managing Director, Head of Data Analytics, Standard Chartered Bank

End of Module 4 Assignment.

Module 5 – Deep Learning:

Deep Learning has been the driving engine behind many of the recent impressive improvements in the state of the art performance in large scale industrial machine learning applications.

This module can be viewed as a natural follow-up from the previous module on Neural Networks. First, the background and motivations for transitioning from traditional networks to deeper architectures are explored. Then the module covers the deep feedforward architecture, regularisation for deep nets, advanced optimisation strategies and the CNN Architecture.

The assignments of this module will be highly practical with ample opportunity to experiment on financial and non-financial data sets and become familiar with the latest open-source deep learning frameworks and tools.

Module 5 Faculty:

• Harsh Prasad: Vice President, Morgan Stanley
• Blanka Horvath: Assistant Professor, Financial Mathematics King’s College London
• Terry Benzschawel: Founder and Principal, Benzschawel Scientific, LLC

End of Module 5 Assignment.

Module 6 – Time Series:

Time series data is an invaluable source of information used for future strategy and planning operations everywhere from finance to education and healthcare. You will be walked through the core steps of building, training, and deploying your time series forecasting models. You’ll build a theoretical foundation as you cover the essential aspects of time series representations, modeling, and forecasting before diving into the classical methods for forecasting time series data.

Module 6 Faculty:

• Francesca Lazzeri: Machine Learning Scientist, Microsoft

End of Module 6 Quizzes.

FINAL EXAMINATION: 

Examination preparation lecture: Tuesday 7th April 2020

Examination date: Tuesday 21st April 2020

Candidates will sit a formal 3-hour examination on a laptop. The exam is held in London for UK students and using our global network of examination centres for overseas students.

FINAL PROJECT:

DATE: Friday 22nd May 2020

At the end of the programme, candidates apply the theoretical and practical skills acquired to a real world application within the financial services industry.

The assessment will take into account the quality and the originality of the work as well as the clarity of its presentation.