UrbanPro

Learn Data Science from the Best Tutors

  • Affordable fees
  • 1-1 or Group class
  • Flexible Timings
  • Verified Tutors

Search in

What are the applications of Data Science in Finance?

Asked by Last Modified  

Follow 2
Answer

Please enter your answer

Data Science Professional with more than 8 years of Experience in Finance

Data science has the most applications in Finance domain(Lending). Let me provide few examples: 1) Credit Risk Modelling 2) Collctions Analytics 3) Credit Policy Optimization 4) Marketing Analytics(A/B Testing, Channel Optimization) 5) ChatBots, Customer Interactions 6) Cost and Effort optimization 7)...
read more

Data science has the most applications in Finance domain(Lending). Let me provide few examples:

1) Credit Risk Modelling

2) Collctions Analytics

3) Credit Policy Optimization

4) Marketing Analytics(A/B Testing, Channel Optimization)

5) ChatBots, Customer Interactions

6) Cost and Effort optimization

7) With growth of LLMs we can apply it to Audit, Business Summarization, Internal Chatbots

 

Apart from this in Quantitiative Trading and Investement domain it can be applied to built or optimize analyst strategies 

If you want to learn more regarding this, please book a demo class

read less
Comments

My teaching experience 12 years

Data science has the most applications in Finance domain(Lending). Let me provide few examples: 1) Credit Risk Modelling 2) Collctions Analytics 3) Credit Policy Optimization 4) Marketing Analytics(A/B Testing, Channel Optimization) 5) ChatBots, Customer Interactions 6) Cost and Effort optimization 7)...
read more
Data science has the most applications in Finance domain(Lending). Let me provide few examples: 1) Credit Risk Modelling 2) Collctions Analytics 3) Credit Policy Optimization 4) Marketing Analytics(A/B Testing, Channel Optimization) 5) ChatBots, Customer Interactions 6) Cost and Effort optimization 7) With growth of LLMs we can apply it to Audit, Business Summarization, Internal Chatbots Apart from this in Quantitiative Trading and Investement domain it can be applied to built or optimize analyst strategies If you want to learn more regarding this, please book a demo class read less
Comments

Online Mathematics tutor with 4 years experience(Online Classes for 10th to 12th)

Data science has the most applications in Finance domain(Lending). Let me provide few examples: 1) Credit Risk Modelling 2) Collctions Analytics 3) Credit Policy Optimization 4) Marketing Analytics(A/B Testing, Channel Optimization) 5) ChatBots, Customer Interactions 6) Cost and Effort optimization 7)...
read more
Data science has the most applications in Finance domain(Lending). Let me provide few examples: 1) Credit Risk Modelling 2) Collctions Analytics 3) Credit Policy Optimization 4) Marketing Analytics(A/B Testing, Channel Optimization) 5) ChatBots, Customer Interactions 6) Cost and Effort optimization 7) With growth of LLMs we can apply it to Audit, Business Summarization, Internal Chatbots Apart from this in Quantitiative Trading and Investement domain it can be applied to built or optimize analyst strategies If you want to learn more regarding this, please book a demo class read less
Comments

View 1 more Answers

Related Questions

Hi, anyone personal tutor who can teach data science with 100% job guarantee?
Yes,we have sarted such program. The course is designed to make you expert in 4 month time(60 Hourse course+60 Hours project work) 1)Machine Learning 2) Deep learning ,NLP and Speech to text with expert...
Kunal
What are the topics covered in Data Science?
Data science includes: 1. **Statistics**: Basics of analyzing data.2. **Programming**: Using languages like Python or R.3. **Data Wrangling**: Cleaning and organizing data.4. **Data Visualization**: Making...
Damanpreet
0 0
5

What is difference between data science and SAP. Which is best in compare for getting jobs as fast as possible

Hi Both have different uniquness with importance value. you will get a good prospectives on SAP for career growth.
Ravindra

How to learn Data Science?

Hi, First of all thanks for the question. Data Science as a subject has multiple layers. A great way to get started would be to brush up basic statistical concepts. Fundamental concepts of probability,...
Hdhd
0 0
6
I have 2+ yrs working experience in BI domain. Can I pursue Data science for a job change? Will I get Job opportunity as per my experience or not in field of data science? R or python what to chose?
Hi Asish you can choose R or Python selecting programming tools is not criteria learning Deep Analytics is most important you should focus on Mathematicsfor (classification algorithms) statistics(EDA...
Asish
0 0
8

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

What Is Cart?
CART means classification and regression tree. It is a non-parametric approach for developing a predictive model. What is meant by non-parametric is that in implementing this methodology, we do not have...

Why do I need to know the Data science concepts ?
If you are working for Data analysis activity in a project, you need to know the data mining concepts. The Data science handles a series of steps in this data mining activity. By learning this subject...

Basics Of R Programming 1
# To know the working directory which is assigned by defaultgetwd()# set the working directory from where you would like to take the files setwd("C:/Mywork/MyLearning/MyStuddocs_UrbanPro/Data") # Assign...

4 Key Things to Learn for Data Science
1. Theory:Use Coursera and EdX for theory, concepts, and applications of probability, statistics, linear algebra, calculus, and machine learning.2. Data Visualisation:Tableau and PowerBI are easy-to-use...

REFERENCE BOOKS FOR DATA SCIENCE
Dear All, You can use the following books to master the DATA SCIENCE Concepts 1) First Course in Probability-Ronald Russel 2)Applied Regression Analysis-Drapper and Smith 3)Applied Multivariate Analysis-Richard...

Recommended Articles

Information technology consultancy or Information technology consulting is a specialized field in which one can set their focus on providing advisory services to business firms on finding ways to use innovations in information technology to further their business and meet the objectives of the business. Not only does...

Read full article >

Applications engineering is a hot trend in the current IT market.  An applications engineer is responsible for designing and application of technology products relating to various aspects of computing. To accomplish this, he/she has to work collaboratively with the company’s manufacturing, marketing, sales, and customer...

Read full article >

Microsoft Excel is an electronic spreadsheet tool which is commonly used for financial and statistical data processing. It has been developed by Microsoft and forms a major component of the widely used Microsoft Office. From individual users to the top IT companies, Excel is used worldwide. Excel is one of the most important...

Read full article >

Whether it was the Internet Era of 90s or the Big Data Era of today, Information Technology (IT) has given birth to several lucrative career options for many. Though there will not be a “significant" increase in demand for IT professionals in 2014 as compared to 2013, a “steady” demand for IT professionals is rest assured...

Read full article >

Looking for Data Science Classes?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you
X

Looking for Data Science Classes?

The best tutors for Data Science Classes are on UrbanPro

  • Select the best Tutor
  • Book & Attend a Free Demo
  • Pay and start Learning

Learn Data Science with the Best Tutors

The best Tutors for Data Science Classes are on UrbanPro

This website uses cookies

We use cookies to improve user experience. Choose what cookies you allow us to use. You can read more about our Cookie Policy in our Privacy Policy

Accept All
Decline All

UrbanPro.com is India's largest network of most trusted tutors and institutes. Over 55 lakh students rely on UrbanPro.com, to fulfill their learning requirements across 1,000+ categories. Using UrbanPro.com, parents, and students can compare multiple Tutors and Institutes and choose the one that best suits their requirements. More than 7.5 lakh verified Tutors and Institutes are helping millions of students every day and growing their tutoring business on UrbanPro.com. Whether you are looking for a tutor to learn mathematics, a German language trainer to brush up your German language skills or an institute to upgrade your IT skills, we have got the best selection of Tutors and Training Institutes for you. Read more