Financial Modelling With Generative Ai

Financial Modeling with Generative AI for Finance Professionals & Accountants

What you'll learn

Command of Generative AI for Finance

Enhanced Forecasting and Risk Management

Dynamic and Adaptable Modeling

Responsible and Ethical AI Implementation

Requirements

No requirements as You learn everything from scratch in this course

Description

The world of financial modeling is undergoing a transformative shift with the rise of generative AI. This cutting-edge technology empowers finance professionals and accountants to create more accurate forecasts, conduct robust risk assessments, and build dynamic financial models that adapt to the ever-evolving economic landscape.This comprehensive course is designed to equip you with the knowledge and skills to harness the power of generative AI in your financial modeling practices. You'll gain a deep understanding of how generative AI models work and how they offer distinct advantages over traditional AI approaches for financial use cases.Throughout the course, you'll explore the integration of financial data with generative AI, learning best practices for data cleaning, preparation, and feature engineering. We'll delve into advanced forecasting techniques, enabling you to generate realistic financial projections and market scenarios while incorporating external factors.You'll master risk assessment and scenario analysis tools empowered by generative AI, empowering you to simulate portfolio risks, stress-test financial models, and prepare for various market conditions.The course emphasizes the ability to construct dynamic financial models that can adapt in real-time. You'll learn how these models enhance budgeting, investment analysis, and financial reporting for better decision-making.Finally, we'll address the critical aspects of responsible and ethical AI in finance. You'll develop the ability to identify and mitigate biases in your generative financial models while ensuring fairness, transparency, and accountability in the application of AI.This course is ideal for finance professionals and accountants who are eager to leverage next-generation technologies to streamline modeling, enhance forecasting, improve risk management, and drive better financial outcomes.

Overview

Section 1: Generative AI Foundations for Finance

Lecture 1 what is Generative AI?

Lecture 2 Key Components of generative AI models (GANs, VAEs, diffusion models)

Lecture 3 Distinguishing generative AI from traditional AI for financial use cases.

Lecture 4 Practical applications within accounting and financial decision-making.

Section 2: Integrating Financial Data with Generative AI

Lecture 5 Understanding key financial data sources

Lecture 6 Best practices in cleaning and preparing financial data for generative models

Lecture 7 Feature engineering for optimal performance in financial generative AI models

Section 3: Advanced Forecasting with Generative AI

Lecture 8 Generating time series forecasts with enhanced accuracy using generative models.

Lecture 9 Creating realistic financial projections and market scenarios.

Lecture 10 Integrating macroeconomic factors and external data into forecasts with genAI

Section 4: Robust Risk Assessment & Scenario Analysis

Lecture 11 Simulating portfolio risks and stress tests using generative approaches.

Lecture 12 Comprehensive scenario analysis for proactive risk mitigation.

Lecture 13 Evaluating financial models under diverse market conditions with generative AI.

Section 5: Dynamic Financial Modeling in Practice

Lecture 14 Building adaptable financial models for accounting and financial decision-making

Lecture 15 Real-time data integration into generative financial models

Lecture 16 Applications in budgeting, investment analysis, and financial reporting

Section 6: Responsible AI in Finance

Lecture 17 Identifying and mitigating bias in generative financial models.

Lecture 18 Ensuring fairness, transparency, and accountability

Lecture 19 Best practices and guidelines for responsible AI

Section 7: Practical Tools for Financial Modelling with Generative AI

Lecture 20 chatGPT for financial modelling

Section 8: Assignments

Finance Professionals,Accountants