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⇱ Overview of Advanced Methods of Reinforcement Learning in Finance | Coursera


Overview of Advanced Methods of Reinforcement Learning in Finance

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Overview of Advanced Methods of Reinforcement Learning in Finance

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Gain insight into a topic and learn the fundamentals.
3.8

85 reviews

Advanced level
Designed for those already in the industry
1 week to complete
at 10 hours a week
Flexible schedule
Learn at your own pace

Gain insight into a topic and learn the fundamentals.
3.8

85 reviews

Advanced level
Designed for those already in the industry
1 week to complete
at 10 hours a week
Flexible schedule
Learn at your own pace

Build your subject-matter expertise

This course is part of the Machine Learning and Reinforcement Learning in Finance Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
  • Learn new concepts from industry experts
  • Gain a foundational understanding of a subject or tool
  • Develop job-relevant skills with hands-on projects
  • Earn a shareable career certificate

There are 4 modules in this course

In the last course of our specialization, Overview of Advanced Methods of Reinforcement Learning in Finance, we will take a deeper look into topics discussed in our third course, Reinforcement Learning in Finance.

In particular, we will talk about links between Reinforcement Learning, option pricing and physics, implications of Inverse Reinforcement Learning for modeling market impact and price dynamics, and perception-action cycles in Reinforcement Learning. Finally, we will overview trending and potential applications of Reinforcement Learning for high-frequency trading, cryptocurrencies, peer-to-peer lending, and more. After taking this course, students will be able to - explain fundamental concepts of finance such as market equilibrium, no arbitrage, predictability, - discuss market modeling, - Apply the methods of Reinforcement Learning to high-frequency trading, credit risk peer-to-peer lending, and cryptocurrencies trading.

What's included

13 videos1 assignment

13 videosβ€’Total 103 minutes
  • Welcome to Specializationβ€’5 minutes
  • Specialization Prerequisitesβ€’7 minutes
  • Interview with Rossen Roussevβ€’15 minutes
  • Reinforcement Learning and Ptolemy's Epicyclesβ€’5 minutes
  • PDEs in Physics and Financeβ€’6 minutes
  • Competitive Market Equilibrium Models in Financeβ€’5 minutes
  • I Certainly Hope You Are Wrong, Herr Professor!β€’7 minutes
  • Risk as a Science of Fluctuationβ€’4 minutes
  • Markets and the Heat Death of the Universeβ€’4 minutes
  • Option Trading and RLβ€’15 minutes
  • Liquidityβ€’10 minutes
  • Modeling Market Frictionsβ€’10 minutes
  • Modeling Feedback Frictionsβ€’10 minutes
1 assignmentβ€’Total 120 minutes
  • Assignment 1β€’120 minutes

What's included

8 videos1 assignment

8 videosβ€’Total 73 minutes
  • From Portfolio Optimization to Market Modelβ€’9 minutes
  • Invisible Handβ€’6 minutes
  • GBM and Its Problemsβ€’9 minutes
  • The GBM Model: An Unbounded Growth Without Defaultsβ€’9 minutes
  • Dynamics with Saturation: The Verhulst Modelβ€’7 minutes
  • The Singularity is Nearβ€’9 minutes
  • What are Defaults?β€’12 minutes
  • Quantum Equilibrium-Disequilibriumβ€’11 minutes
1 assignmentβ€’Total 120 minutes
  • Assignment 2β€’120 minutes

What's included

8 videos1 assignment

8 videosβ€’Total 60 minutes
  • Welcome!!β€’4 minutes
  • Market Dynamics and IRLβ€’6 minutes
  • Diffusion in a Potential: The Langevin Equationβ€’8 minutes
  • Classical Dynamicsβ€’8 minutes
  • Potential Minima and Newton's Lawβ€’4 minutes
  • Classical Dynamics: the Lagrangian and the Hamiltonianβ€’8 minutes
  • Langevin Equation and Fokker-Planck Equationsβ€’10 minutes
  • The Fokker-Planck Equation and Quantum Mechanicsβ€’12 minutes
1 assignmentβ€’Total 120 minutes
  • Assignment 3β€’120 minutes

What's included

9 videos1 peer review1 ungraded lab

9 videosβ€’Total 79 minutes
  • Welcome!!β€’1 minute
  • Electronic Markets and LOBβ€’9 minutes
  • Trades, Quotes and Order Flowβ€’8 minutes
  • Limit Order Bookβ€’9 minutes
  • LOB Modelingβ€’8 minutes
  • LOB Statistical Modelingβ€’11 minutes
  • LOB Modeling with ML and RLβ€’10 minutes
  • Other Applications of RLβ€’7 minutes
  • The Value of Universatilityβ€’15 minutes
1 peer reviewβ€’Total 60 minutes
  • Final Projectβ€’60 minutes
1 ungraded labβ€’Total 60 minutes
  • Final Project: Exploration of non-linear market model dynamicsβ€’60 minutes

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Instructor

New York University
4 Coursesβ€’59,692 learners

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DY
Β·

Reviewed on Dec 11, 2019

Great refreshment on Stochastic calculus and overall rewind of the specialization!

IT
Β·

Reviewed on Dec 8, 2019

It was very difficult to get the peer-graded assignments graded.

Frequently asked questions

To access the course materials, assignments and to earn a Certificate, you will need to purchase the Certificate experience when you enroll in a course. You can try a Free Trial instead, or apply for Financial Aid. The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.

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