Course Details
PASS / NO CREDIT
Yes (may vary by section)
DESCRIPTION
Advancements in artificial intelligence technologies are quickly changing the landscape of financial markets. This course offers a lens into the myriad ways financial firms employ AI technologies. Students will learn how AI/ML algorithms commonly used in finance work, as well as their specific applications, including valuation, financial forecasting, robo-advising/automated trading, credit risk modeling, fraud detection, textual analysis of financial documents using generative AI, and more. The course will also discuss how financial markets value firms that develop and implement AI; the unique risks and ethical considerations inherent to AI's use in the finance industry; and organizational hurdles associated with AI adoption. While the material will be covered primarily at a high level, with a focus on developing critical thinking skills regarding the implementation and impact of these technologies in financial markets, students will also be provided with opportunities to engage in hands-on applications of AI/ML methods covered in class. No prior programming experience is required.
PREREQUISITES