Munich, Germany

Machine Learning and Data Analytics in Finance and Accounting (MDA)

blended course
when 25 July 2022 - 12 August 2022
language English
duration 3 weeks
credits 6 EC
fee EUR 1100

July 25 - August 12, 2022; 1 week online, July 25 - 29, 2 weeks in-class in Munich, August 3 - 12
‘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. 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 1100: Registration fee: € 300.00 (€ 150 early bird)
Tuition: € 950.00
Accommodation: € 550,00