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URL: https://www.coursera.org/learn/python-machine-learning-for-investment-management

⇱ Python and Machine Learning for Asset Management | Coursera


Python and Machine Learning for Asset Management

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Python and Machine Learning for Asset Management

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Gain insight into a topic and learn the fundamentals.
3.1

332 reviews

Intermediate level
Some related experience required
2 weeks to complete
at 10 hours a week
Flexible schedule
Learn at your own pace

Gain insight into a topic and learn the fundamentals.
3.1

332 reviews

Intermediate level
Some related experience required
2 weeks to complete
at 10 hours a week
Flexible schedule
Learn at your own pace

What you'll learn

  • Learn the principles of supervised and unsupervised machine learning techniques to financial data sets

  • Understand the basis of logistical regression and ML algorithms for classifying variables into one of two outcomes

  • Utilize powerful Python libraries to implement machine learning algorithms in case studies

  • Learn about factor models and regime switching models and their use in investment management

Details to know

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Assessments

5 assignments

Taught in English

Build your subject-matter expertise

This course is part of the Investment Management with Python and Machine Learning 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 5 modules in this course

This course will enable you mastering machine-learning approaches in the area of investment management. It has been designed by two thought leaders in their field, Lionel Martellini from EDHEC-Risk Institute and John Mulvey from Princeton University. Starting from the basics, they will help you build practical skills to understand data science so you can make the best portfolio decisions.

The course will start with an introduction to the fundamentals of machine learning, followed by an in-depth discussion of the application of these techniques to portfolio management decisions, including the design of more robust factor models, the construction of portfolios with improved diversification benefits, and the implementation of more efficient risk management models. We have designed a 3-step learning process: first, we will introduce a meaningful investment problem and see how this problem can be addressed using statistical techniques. Then, we will see how this new insight from Machine learning can complete and improve the relevance of the analysis. You will have the opportunity to capitalize on videos and recommended readings to level up your financial expertise, and to use the quizzes and Jupiter notebooks to ensure grasp of concept. At the end of this course, you will master the various machine learning techniques in investment management.

What's included

9 videos5 readings1 assignment1 discussion prompt1 ungraded lab

9 videosβ€’Total 102 minutes
  • Welcome to the Python Machine-Learning for Investment management courseβ€’6 minutes
  • Introduction to machine-learningβ€’8 minutes
  • Financial applicationsβ€’7 minutes
  • Supervised learningβ€’8 minutes
  • First algorithmsβ€’8 minutes
  • Highlights of best practiceβ€’7 minutes
  • Unsupervised learningβ€’7 minutes
  • Challenges aheadβ€’10 minutes
  • Lab session optimal portfolioβ€’41 minutes
5 readingsβ€’Total 34 minutes
  • Requirementsβ€’2 minutes
  • Material at your disposalβ€’2 minutes
  • Machine Learning for Investment Decisions: A Brief Guided Tourβ€’10 minutes
  • References for module 1"Introducing the fundamentals of machine learning"β€’10 minutes
  • Lab session optimal portfolioβ€’10 minutes
1 assignmentβ€’Total 30 minutes
  • Module 1Graded Quizβ€’30 minutes
1 discussion promptβ€’Total 10 minutes
  • Challenges aheadβ€’10 minutes
1 ungraded labβ€’Total 60 minutes
  • Python lab sessionsβ€’60 minutes

What's included

8 videos1 reading1 assignment

8 videosβ€’Total 124 minutes
  • Introduction to module 2 - Basics of factor investingβ€’8 minutes
  • Introducing Factor Modelsβ€’8 minutes
  • Typology of factor modelsβ€’10 minutes
  • Using factor models in portfolio construction and analysisβ€’10 minutes
  • Penalty methodsβ€’10 minutes
  • Setting factor loadings and examplesβ€’8 minutes
  • Shrinkage conceptsβ€’7 minutes
  • Lab session - Jupiter notebook on Factor Modelsβ€’64 minutes
1 readingβ€’Total 10 minutes
  • References for module 2"Machine learning techniques for robust estimation of factor models"β€’10 minutes
1 assignmentβ€’Total 60 minutes
  • Module 2 Graded Quizβ€’60 minutes

What's included

8 videos3 readings1 assignment1 discussion prompt

8 videosβ€’Total 88 minutes
  • Introduction to module 3 -Machine learning techniques for efficient portfolio diversificationβ€’7 minutes
  • Benefits of portfolio diversificationβ€’8 minutes
  • Portfolio diversification measuresβ€’13 minutes
  • Principle component analysisβ€’8 minutes
  • Role of clusteringβ€’7 minutes
  • Graphical analysisβ€’9 minutes
  • Selecting a portfolio of assetsβ€’8 minutes
  • Lab session: Graphical Network Analysisβ€’28 minutes
3 readingsβ€’Total 30 minutes
  • Supplementary material PCAβ€’10 minutes
  • References for the module "Machine learning techniques for efficient portfolio diversification"β€’10 minutes
  • Reference for the module "Selecting a portfolio of assets"β€’10 minutes
1 assignmentβ€’Total 45 minutes
  • Module 3 Graded Quizβ€’45 minutes
1 discussion promptβ€’Total 10 minutes
  • Selecting a portfolio of assetsβ€’10 minutes

What's included

7 videos4 readings1 assignment

7 videosβ€’Total 112 minutes
  • Introduction to economic regimesβ€’8 minutes
  • Portfolio Decisions with Time-Varying Market Conditionsβ€’10 minutes
  • Trend filteringβ€’6 minutes
  • A scenario based portfolio modelβ€’8 minutes
  • A two regime portfolio exampleβ€’8 minutes
  • A multi regime model for a University Endowmentβ€’10 minutes
  • NEW Lab session- Jupyter notebook on regime-based investment modelβ€’62 minutes
4 readingsβ€’Total 24 minutes
  • Information on the "trend filtering" videoβ€’2 minutes
  • Information on "scenario based portfolio model" videoβ€’2 minutes
  • References for the module "Machine learning techniques for regime analysis"β€’10 minutes
  • Regime-aware asset allocationβ€’10 minutes
1 assignmentβ€’Total 60 minutes
  • Module 4 Graded Quizβ€’60 minutes

What's included

7 videos2 readings1 assignment

7 videosβ€’Total 105 minutes
  • Introduction to module 5β€’8 minutes
  • Traditional approachesβ€’12 minutes
  • Machine-Learning Processesβ€’10 minutes
  • Several Machine Learning Methodsβ€’9 minutes
  • Predicting recessionsβ€’11 minutes
  • Challenges aheadβ€’12 minutes
  • Lab session 5: Regime Prediction with Machine Learningβ€’44 minutes
2 readingsβ€’Total 20 minutes
  • References for the module "Identifying recessions, crash regimes and features selection"β€’10 minutes
  • To be continued (3)β€’10 minutes
1 assignmentβ€’Total 60 minutes
  • Module 5 Graded Quizβ€’60 minutes

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Instructors

Instructor ratings
3.2 (80 ratings)
EDHEC Business School
2 Coursesβ€’33,113 learners

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Showing 3 of 332

LT
Β·

Reviewed on Feb 17, 2021

Good overview on Machine Learning techniques, need for some basic knowledge in statistics and Python for an optimized experience.

RS
Β·

Reviewed on Jun 24, 2021

A great course with a Ph Doctoral taste, including amazing and advanced Jupyter Notebooks !!!!

AR
Β·

Reviewed on May 11, 2022

Very nice course sharing many types of knowledges around data / cleaning / type of data / several algorithms / organised Python coding

Frequently asked questions

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When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile.

Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.

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