Technology and Innovation Community

Hello everyone,

Sharing interesting content from CFA UK. Video - 39 min, 0.75 CPD attached.

Data science is the next paradigm for investment professionals. David Hand, Emeritus Professor of Mathematics and Senior Research Investigator, Imperial College London outlines how data science is done, how to use it to generate returns, and why you should be aware of how data science works, whatever your role. Define:

• The three fundamental disciplines of data science: statistics, computer science and maths 
• What models and algorithms do, and where the differences are between them 
• The distinction between theory-based models and data-based models and where both are useful 
• What supervised and unsupervised problems are and the different approaches you need to solve them 
• The pitfalls of data science, and how to be aware of them to use data to achieve your aims 

watch video here

It was incredible to learn how data science has evolved to where we are now, the mistakes we make as data scientists and some of the biases in data visualization.

Great content.