Machine Learning and Data Analytics in Finance and Accounting

blended course

July 24 - August 11, 2023; 1 week online, July 24 - 28, 2 weeks in-class in Munich, August 3 - 11
‘Big Data’ renders the global business environment increasingly complex requiring companies to look out for employees who are able to analyse large data, to detect patterns and to visualize results to decision-makers. Join the program on machine learning and data analytics to become an expert on real-world financial problems.

Course leader

Prof. Dr. Thorsten Sellhorn
Dr. Andreas Woltschläger, M.Sc., MBR
Dr. Gereon Hillert,M.Sc., MBR

Target group

We offer this program for Bachelor students, Masters students and young scientists as well as to support their successful placement in attractive fields of activity. There are no prior programming skills required. However, an interest in numbers and logical relationships as well as a basic statistical knowledge are advantageous. Prerequisites for participation are a good command of written and spoken English. Lectures, presentations and examinations will be held in English. Even though we do not require students to submit language test results, we urge students with poor language skills to abstain from applying. Knowledge of German is not a prerequisite. In the interest of maintaining the program's high standards, the number of participants will be limited to 20.

Course aim

This course aims at making you familiar with basic machine learning approaches and data analytics techniques by enabling you to use them to your professional benefit. Adopting a user perspective, you will learn to automate simple, but time-consuming tasks such as classification of analysts’ conference calls into economically meaningful content.

Additionally, the course enables you to tackle complex prediction tasks using different information sources. Finally, the course gives you relevant data analytics skills such as the description, visualization and statistical analysis of such predictions. We will use the programming language Python to apply the above concepts. Upon successful application, participants will be able to analyse large amounts of data, receive 6 ECTS credits for their performance and explore Munich through extracurricular activities.

Fee info

EUR 1250: Registration fee: € 300.00 (€ 150 early bird)
Tuition: € 950.00

Housing fee:
€ 300.00 (double room, with shower and toilet on each floor)
€ 340.00 (double room with shower and toilet)
€ 450.00 (single room with shower and toilet)