MOUNTAIN VIEW, Calif., Jan. 22, 2020 /PRNewswire-PRWeb/ -- The New York Institute of Finance (NYIF) and Google Cloud announced a new Machine Learning for Trading Specialization available exclusively on the Coursera platform. The Specialization helps learners leverage the latest AI and machine learning techniques for financial trading.
Amid the Fourth Industrial Revolution, nearly 80 percent of financial institutions cite machine learning as a core component of business strategy and 75 percent of financial services firms report investing significantly in machine learning. The Machine Learning for Trading Specialization equips professionals with key technical skills increasingly needed in the financial industry today.
Composed of three courses in financial trading, machine learning, and artificial intelligence, the Specialization features a blend of theoretical and applied learning. Topics include analyzing market data sets, building financial models for quantitative and algorithmic trading, and applying machine learning in quantitative finance.
"As we enter an era of unprecedented technological change within our sector, we're proud to offer upskilling opportunities for hedge fund traders and managers, risk analysts, and other financial professionals to remain competitive through Coursera," said Michael Lee, Managing Director of Corporate Development at NYIF. "The past ten years have demonstrated the staying power of AI tools in the finance world, further proving the importance for both new and seasoned professionals to hone relevant tech skills."
The Specialization is particularly suited for hedge fund traders, analysts, day traders, those involved in investment management or portfolio management, and anyone interested in constructing effective trading strategies using machine learning. Prerequisites include basic competency with Python, familiarity with pertinent libraries for machine learning, a background in statistics, and foundational knowledge of financial markets.
"Cutting-edge technologies, such as machine and reinforcement learning, have become increasingly commonplace in finance," said Rochana Golani, Director, Google Cloud Learning Services. "We're excited for learners on Coursera to explore the potential of machine learning within trading. Looking beyond traditional finance roles, we're also excited for the Specialization to support machine learning professionals seeking to apply their craft to quantitative trading strategies."
The Specialization features renowned data-driven finance experts Ram Seshadri (Google) and Jack Farmer (NYIF). Upon successful completion of the Specialization, paying learners will receive a certificate from NYIF and Google Cloud Platform to display on their LinkedIn profile or resume.
"Learners everywhere — from the heart of Wall Street to a rural town on the other side of the globe — now have access to seasoned instructors from leading institutions like NYIF and Google," said Dil Sidhu, Chief Content Officer at Coursera. "With their newfound tech skills, finance professionals can continue to succeed in today's increasingly digital and AI-first economy."
Learners worldwide can enroll in the first two courses of the Specialization on Coursera today, with the third course launching next month. For more information, please visit here.
About New York Institute of Finance (NYIF)
The New York Institute of Finance (http://www.NYIF.com), is a global leader in training for financial services and related industries. Started by the New York Stock Exchange in 1922, it now trains 250,000+ professionals in over 120 countries. NYIF courses cover everything from investment banking, asset pricing, insurance and market structure to financial modeling, treasury operations, and accounting. The institute has a faculty of industry leaders and offers a range of program delivery options, including self-study, online courses, and in-person classes.
Coursera was founded by Daphne Koller and Andrew Ng with a vision of providing life-transforming learning experiences to anyone, anywhere. It is now a leading online learning platform for higher education, where more than 47 million learners from around the world come to learn skills of the future. 200 of the world's top universities and industry educators partner with Coursera to offer courses, Specializations, certificates, and degree programs. 2,100 companies trust the company's enterprise platform Coursera for Business to transform their talent. Coursera for Government equips government employees and citizens with in-demand skills to build a competitive workforce. Coursera is backed by leading investors that include Kleiner Perkins, New Enterprise Associates, GSV Capital, Learn Capital, and SEEK Group.