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Introduction to Generative AI in Finance
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Introduction to Generative AI in Finance

Shashank Vailaya

Instructor: Shashank Vailaya

3,281 already enrolled

Included with Coursera Plus

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4 modules
Gain insight into a topic and learn the fundamentals.
3.7

(43 reviews)

Beginner level

Recommended experience

Recommended experience

Beginner level

A foundational understanding of financial principles and basic familiarity with financial analysis tools are recommended.

3 hours to complete
Flexible schedule
Learn at your own pace

4 modules
Gain insight into a topic and learn the fundamentals.
3.7

(43 reviews)

Beginner level

Recommended experience

Recommended experience

Beginner level

A foundational understanding of financial principles and basic familiarity with financial analysis tools are recommended.

3 hours to complete
Flexible schedule
Learn at your own pace
  • About
  • Modules
  • Recommendations
  • Testimonials

Skills you'll gain

  • Emerging Technologies
  • Predictive Analytics
  • Investment Management
  • Personalized Service
  • Financial Services
  • Financial Forecasting
  • Compliance Management
  • Banking
  • Generative AI
  • Risk Management
  • FinTech
  • Automation
  • Financial Modeling
  • Artificial Intelligence

Details to know

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Assessments

4 assignments

Taught in English

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There are 4 modules in this course

Are you aware that generative AI is rapidly reshaping the financial services landscape? This groundbreaking technology is transforming how we analyze markets, manage risks, and tailor financial products, opening up unprecedented avenues for efficiency and innovation in the finance sector.

We've designed this concise course to equip finance professionals and business leaders with a solid understanding of generative AI's fundamentals and its potential in the financial industry. Whether you're in banking, investment management, insurance, or fintech, this course will provide you with the knowledge to harness AI in your financial operations. Upon completing this course, you'll be equipped to spot strategic opportunities for AI implementation in your financial processes, utilize basic AI tools for financial modeling and investment strategy personalization, and formulate plans to incorporate AI into your existing workflows, enhancing risk management and decision-making. By the end of this 3-hour course, you will be able to: LO1: Evaluate the capabilities and applications of generative AI to identify strategic opportunities in various financial contexts. LO2: Apply basic generative AI tools to create simple financial models and personalize investment strategies. LO3: Analyze the potential impact of generative AI on existing financial workflows to develop integration plans that enhance risk management and decision-making processes. What sets this course apart is its beginner-friendly approach to generative AI in finance, featuring practical examples and hands-on experience with popular AI tools. You'll gain insights into not just the "what" and "why" of AI in finance, but also the practical "how" to implement it in your daily operations.

This module provides an introduction to the course and its syllabus, laying the foundation for your learning journey. The introductory video offers insights into the skills and knowledge you will gain, while the course overview outlines key components and core values to deepen your understanding of the concepts.

What's included

1 video1 reading

1 video•Total 4 minutes
  • Welcome to the Course•4 minutes•Preview module
1 reading•Total 5 minutes
  • Course Overview•5 minutes

In this foundational lesson, you will explore the core concepts of generative AI and its transformative potential in the finance industry. You'll learn about different types of generative AI models relevant to finance, such as those used for predictive analytics, risk assessment, and personalized financial services. Through examples and case studies from leading financial institutions, you'll gain insights into how these AI-powered tools are reshaping financial strategies and workflows. You'll discover current applications in areas like algorithmic trading, fraud detection, and customer service automation. By the end of the lesson, you'll be able to recognize opportunities for implementing generative AI in various financial contexts and understand its potential benefits and limitations. This lesson sets the stage for a more in-depth exploration of AI applications in finance in subsequent modules.

What's included

2 videos2 readings1 assignment

2 videos•Total 13 minutes
  • Introduction to Generative AI •5 minutes•Preview module
  • Generative AI in Finance•7 minutes
2 readings•Total 20 minutes
  • Deep Dive into Generative AI Technologies•10 minutes
  • Case Studies of Generative AI in Financial Services•10 minutes
1 assignment•Total 15 minutes
  • Practice Quiz- Fundamentals of Generative AI in Finance•15 minutes

In this practical lesson, you will explore hands-on applications of generative AI tools in fundamental financial processes. You'll discover how AI can streamline tasks in accounting, payroll management, and financial reporting. Through step-by-step demonstrations and real-world examples, you'll gain experience in using AI to generate financial reports, automate bookkeeping entries, and assist with payroll calculations. You'll also learn how to evaluate the output of these tools and refine them to ensure accuracy and compliance with financial regulations. By the end of this lesson, you'll be able to confidently use basic generative AI tools to enhance efficiency in routine financial tasks and understand how to integrate them into your existing financial workflows.

What's included

3 videos2 readings1 assignment

3 videos•Total 23 minutes
  • Introduction to AI-Powered Financial Tools•8 minutes•Preview module
  • Hands-on with AI for Financial Reporting•9 minutes
  • AI-Powered Financial Forecasting and Budgeting•6 minutes
2 readings•Total 20 minutes
  • Crafting Effective Financial Prompts for AI Tools•10 minutes
  • AI-Powered Financial Analysis Exercise•10 minutes
1 assignment•Total 15 minutes
  • Practice Quiz- Applying Generative AI Tools in Finance•15 minutes

In this final lesson, you will explore strategies for integrating generative AI into existing financial processes and workflows, with a focus on implementation, regulatory challenges, and future trends. Through case studies and expert insights, you'll learn how to strategically implement AI in key financial areas such as risk assessment, fraud detection, and financial forecasting. You'll gain a deep understanding of the complex regulatory landscape surrounding AI in finance, including compliance issues and strategies for meeting regulatory requirements. The lesson concludes with a forward-looking perspective on the future of AI in finance, helping you prepare for emerging trends and chart your path forward in this rapidly evolving field. By the end of this lesson, you'll be equipped to develop a strategic, compliant, and future-oriented approach to AI integration in your financial operations.

What's included

3 videos2 assignments

3 videos•Total 18 minutes
  • Implementation of AI in Financial Processes•6 minutes•Preview module
  • Navigating Regulatory Challenges in AI-Driven Finance•6 minutes
  • The Future of AI in Finance - Charting Your Path Forward•5 minutes
2 assignments•Total 75 minutes
  • Practice Quiz- Integrating Generative AI in Financial Workflows•15 minutes
  • Final Graded Assessment•60 minutes

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3.7 (15 ratings)
Shashank Vailaya
Shashank Vailaya
Coursera Instructor Network
2 Courses•4,144 learners

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Coursera Instructor Network

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Coursera Instructor Network

The Coursera Instructor Network is a select group of instructors who have demonstrated expertise in specific tools or skills through their industry experience or academic backgrounds in the topics of their courses.

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