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  • Essay / My experience in machine learning and finance

    As the complexities of the financial world continue to grow, the mechanisms and solutions to manage financial risks continue to grow. In particular, computer techniques have emerged at the forefront in the quantification of financial risk. Although an economics degree has allowed me to establish a strong foundation in statistics and mathematics, I find myself disadvantaged and ill-equipped to pursue a long-term career in financial risk management due to the Limited exposure to programming at undergraduate level. Fueled by a desire to develop expertise in the quantitative aspect of risk management, I found myself ideally positioned to pursue a master's degree that will adequately prepare me to become a subject matter expert in financial risk management. The UCL MSc in Financial Risk Management stands out to me for a variety of reasons. Say no to plagiarism. Get a tailor-made essay on “Why violent video games should not be banned”?Get an original essayFirst of all, born and raised in Singapore, one of the most culturally diverse countries in the world, I have always enjoyed cross-cultural sharing between my peers of different races and religions. UCL attracts passionate people from all over the world, and pursuing the MSc offers me an opportunity that allows me to interact with like-minded people, immerse myself in cross-cultural sharing and learn and understand better cultures that are not found in Singapore. All of this, I believe, will help foster a long-term relationship between me and my peers. Additionally, I find that the flexibility of the program meets my needs specifically. Although the core modules focus more on the theoretical aspect, the breadth and diversity of elective courses available in the different departments will allow me to work on the technical aspects as well. I am particularly drawn to modules such as statistical computing and machine learning with applications in finance. , both of which will allow me to become familiar with statistical programming software that is widely used in industry to quantify risk and perform large data analysis operations. Most importantly, I am particularly attracted to the summer internship which forms the basis of the thesis. My professional experiences so far have led me to realize that I am more of a “hands-on” person. The summer internship is therefore an ideal learning opportunity for me. Equipped with newly acquired skills and knowledge, I will have the opportunity to learn from leading industry professionals and also be able to work on real-world projects which I hope will not only benefit the company alone, but also to the entire industry. . Therefore, the summer internship is, for me, the best way to direct my learning towards the most effective result possible..