Course Overview:
This course is designed to provide a deep understanding of embeddings, a powerful unsupervised learning technique, with a focus on its applications in the Finance & Insurance industries. Participants will learn how to represent complex data structures, such as time series, graphs, and text, in a lower-dimensional space while preserving their semantic relationships. The course covers various embedding techniques and their applications in financial modeling, risk assessment, and fraud detection.
Learning Objectives:
Understand the concept of embeddings and their applications in the Finance & Insurance industries
Implement and evaluate various embedding techniques for time series, graphs, and text data
Apply embeddings to solve financial modeling tasks, such as stock price prediction and portfolio optimization
Utilize graph embeddings for risk assessment and fraud detection in insurance networks
Leverage text embeddings for sentiment analysis and document classification in financial news and reports
Course Highlights:
1. Introduction to Embeddings
Overview of embeddings and their role in unsupervised learning
Applications of embeddings in the Finance & Insurance industries
Vector space models and their properties
Hands-on exercises: Implementing basic embedding techniques (e.g., one-hot encoding, bag-of-words) for financial data
2. Time Series Embeddings
Time series data in the Finance & Insurance industries (e.g., stock prices, economic indicators)
Time series embedding techniques (e.g., Dynamic Time Warping, Time Series Kernels)
Deep learning approaches for time series embeddings (e.g., Recurrent Autoencoders, Temporal Convolutional Networks)
Applications of time series embeddings in the Finance & Insurance industries (e.g., stock price prediction, portfolio optimization)
Hands-on exercises: Developing a time series embedding model for financial time series data
3. Graph Embeddings
Introduction to graph theory and network analysis in finance and insurance
Random walk-based embeddings (DeepWalk, node2vec) for insurance fraud detection
Matrix factorization-based embeddings (Laplacian Eigenmaps, Graph Factorization) for risk assessment in financial networks
Applications of graph embeddings in the Finance & Insurance industries (e.g., credit risk modeling, customer relationship management)
Hands-on exercises: Implementing graph embedding techniques on financial and insurance network data
4. Text Embeddings and Applications
Text data in the Finance & Insurance industries (e.g., financial news, company reports)
Word embeddings (Word2Vec, GloVe, FastText) for financial sentiment analysis
Document embeddings (Doc2Vec, TF-IDF) for document classification and clustering
Contextualized embeddings (ELMo, BERT) for named entity recognition and relation extraction in financial texts
Hands-on exercises: Applying text embedding techniques to solve a real-world Finance or Insurance problem
Prerequisites:
Solid understanding of linear algebra, calculus, and probability theory
Proficiency in programming with Python, including experience with deep learning frameworks (e.g., TensorFlow, PyTorch)
Familiarity with unsupervised learning concepts and dimensionality reduction techniques