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 Duration 35 hours

Course Outline

Module 1: Introduction to AI in Finance

  • Core principles of Artificial Intelligence
  • Overview of Machine Learning and Generative AI
  • Current AI trends in the financial services sector
  • Advantages and obstacles associated with AI integration

Module 2: AI Applications in Banking and Financial Services

  • Intelligent customer service solutions and chatbots
  • Advanced credit scoring and lending process optimization
  • Wealth management strategies and Robo-Advisory services
  • Open banking frameworks and FinTech innovation

Module 3: Financial Data Analytics with AI

  • Strategies for data-driven decision making
  • Predictive analytics and future trend forecasting
  • Analyzing customer behavior patterns
  • Forecasting market trends

Module 4: AI for Risk Management

  • Assessment of credit risk
  • Analysis of market-related risks
  • Monitoring operational risks
  • Implementation of AI-based early warning systems

Module 5: Fraud Detection and Anti-Money Laundering (AML)

  • Techniques for identifying fraud
  • Systems for transaction monitoring
  • Models for anomaly detection
  • Applications for AML compliance

Module 6: Generative AI for Finance

  • Large Language Models (LLMs)/li>
  • AI-supported financial reporting
  • Automation of report generation
  • Prompt engineering skills for finance professionals

Module 7: AI Governance, Ethics and Compliance

  • Principles of responsible AI usage
  • Regulatory obligations in financial services
  • Frameworks for managing AI risks
  • Considerations regarding data privacy and security

Module 8: AI Strategy and Implementation

  • Creating a comprehensive AI roadmap
  • Developing strong business cases
  • Managing change and driving adoption
  • Evaluating the success of AI initiatives

Module 9: Practical Workshops and Case Studies

  • Real-world examples of financial AI applications
  • Scenarios focusing on risk and compliance
  • Demonstrations of AI tools
  • Interactive group discussions and exercises

Requirements

Prospective participants are expected to have:

  • A foundational knowledge of financial services, including banking, accounting, or investment principles.
  • Competence in business reporting and data analysis techniques.
  • No previous background in AI or programming is necessary.
  • A genuine interest in digital transformation and the impact of emerging technologies on finance.

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