Finguard ML Finance · applied track

Machine learning for money.

An applied, hands-on course on the ML that runs modern financial services — credit scoring, fraud detection, market risk and Value-at-Risk, financial time-series, and anti-money-laundering. Real public datasets, real in-browser math, two case studies on how a fintech actually does it, and a capstone where you build and run a systematic strategy.

12
units
133
lessons
Applied
on real datasets
Interactive figure · the approval cutoff

Default rate by credit-score band — everything left of the cutoff is declined.

Approve of applicants · portfolio default rate

A real trade-off from the course. Drag the cutoff.

In finance the model is the easy half. The decision is the hard half.

Approve the loan or decline it. Block the card or let it through. File the suspicious-activity report or don't. This course teaches the models — and the costs, thresholds, and trade-offs that turn a probability into a decision you can defend.

What you'll learn

From a borrower's row to a lending decision.

01

Credit & fraud risk

Build a probability-of-default scorecard with weight-of-evidence features and calibration, then a fraud detector under extreme class imbalance with cost-sensitive thresholds.

02

Markets, risk & quant

Value-at-Risk and Expected Shortfall, portfolio optimization and the efficient frontier, algorithmic trading and honest backtesting, and options pricing with the Greeks.

03

Crime & the real world

Anti-money-laundering on a transaction graph, the false-positive problem, and two case studies: thin-file lending at a neobank and real-time scoring at a payments company.

The curriculum

Twelve units, on real data.

Every unit is live, with 133 interactive lessons across 12 units — each built on a real public dataset with real in-browser math, and a capstone that ties them all together.

01
Credit Scoring & Default Risk
Weight-of-evidence features, a logistic PD model trained live, score scaling, calibration (KS & reliability), a profit-based approval cutoff, and reject inference with fair-lending checks.
Available now
02
Credit-Card Fraud Detection
Extreme class imbalance, resampling vs. class weights, a precision-recall view, cost-sensitive thresholds, the supervised-vs-anomaly trade-off, and drift monitoring.
Available now
03
Market Risk & Value-at-Risk
Prices to returns, the fat-tailed loss distribution, VaR three ways (historical, parametric, Monte Carlo), Expected Shortfall, breach backtesting, and portfolio diversification.
Available now
04
Financial Time-Series & Forecasting
Log-returns and stationarity, the random walk, the zero-vs-positive autocorrelation contrast, volatility clustering, what's forecastable, and a walk-forward efficient-market test.
Available now
05
Anti-Money-Laundering
Placement, layering, integration; transactions as an interactive graph; network features; rules vs. ML vs. anomaly detection; and the false-positive / SAR alert-triage problem.
Available now
06
Portfolio Optimization
Risk, return and covariance, the power of diversification, the efficient frontier, the Sharpe-maximizing (tangency) portfolio, and risk parity — with a drag-the-weights frontier explorer.
Available now
07
Algorithmic Trading & Backtesting
Momentum and mean-reversion signals, positions and execution lag, walk-forward backtesting, transaction costs, Sharpe and drawdown, and the overfitting trap.
Available now
08
Options & Derivatives Pricing
Payoff diagrams, the Black-Scholes formula, Monte-Carlo pricing, the Greeks, and implied volatility — with interactive price-vs-spot and vol-smile figures.
Available now
09
Alternative Data & NLP for Finance
Turning news and filings into signal: a live sentiment scorer, sentiment-to-return, event studies, and the alpha decay that humbles every public edge.
Available now
10
Case Study: Scoring thin-file applicants
How a digital bank lends to people with no credit history — alternative data, a layered model stack, and a decision engine you can operate, with vintage-curve monitoring.
Available now
11
Case Study: Real-time fraud & AML in payments
A narrative engineering walk-through of millisecond-budget scoring: the real-time architecture, signals, models in production, humans in the loop, and the core trade-offs.
Available now
12
Capstone: Build a Quant Strategy
The finale that integrates the whole course: assemble alpha signals → portfolio weights → a risk/VaR budget → transaction costs → a walk-forward backtest, then run your own systematic strategy on a live dashboard.
Available now
Before you start

Bring the ML basics.

The course assumes you're comfortable with logistic regression, classification metrics, and the idea of training and evaluation. If those are new, start with Finguard ML — it leads straight into this.

Who it's for

Analysts & data scientists in fintech Risk, credit & fraud teams Engineers building financial products Anyone who wants applied ML on real money problems
Begin

Learn the ML behind lending, trading, and trust.

No account, no install. Progress saves automatically in your browser, separate from your other courses.