AI and Analytics for Business Valuation and Finance

Increasingly, organizations are embracing technology such as Artificial Intelligence (AI) and analytics to process data and automate tasks performed by accounting and finance professionals, thus freeing up time and energy to focus on high value, high-impact work.

Designed with a strong focus on practical applications in the accounting and finance context, our AI and Analytics for Business Valuation and Finance course provides you with a good foundational understanding of AI, machine learning and analytics. It includes the “intelligence” behind AI, the AI tools available, and how they can be applied to analyse data, generate insights, automate workflows, and make better forecasts and decisions.

In this hands-on programme, you will learn to apply AI and analytics to perform rapid data analysis, auto-generate decision rules, create scenario/simulation analysis, data visualization and more. Get insights on how AI and analytics can be applied in the finance and accounting domains, such as fraud detection, risk factors identification, investment valuation and automation of the audit process. Case studies and sharing by industry practitioner will be incorporated to reinforce your learning and application.

On completion of the course, you will be familiar with the basic terminologies in AI and analytics, the process of developing AI and analytics solutions and the evaluation of proposed solutions. You will be ready to engage stakeholders to explore or lead the adoption of AI and analytics in your organisation.

 

Gain deeper insights and make better financial decisions with AI tools

Develop in-demand AI and analytics skills with application-oriented, hands-on sessions


Applications in accounting and finance
 (fraud detection, automation of audit process, etc.) 


Key Takeaways:

  • Learn to analyse data and make data driven decisions using analytics, machine learning and AI.

  • Understand essential applications of AI and analytics in the finance and accounting domains, such as fraud detection, risk factors identification, investment valuation and automation of the audit and valuation processes.

  • Acquire basic programming and data visualisation skills.

  • Executives with little or no prior programming knowledge will also be able to follow and benefit from the specially designed hands-on exercises.
OverviewTopics Covered
Day 1: 
Introduction to Business Valuation and Analytics
  • Fundamentals of Business Valuation
  • Applications and Potential of AI and Analytics
  • The Concept of a Model - Linear Regression
Day 2:
Fundamentals of AI and Analytics
  • Fundamentals of AI and Analytics
  • AI and Analytics Tools and Programming
  • Risk Factor Analysis with Logistic Regression
  • Application to Business Valuation
Day 3:
Finance Applications
  • Applications in Finance
  • Machine Learning with CART
  • Model Overfitting Risk Mitigation
  • Auto-handling of Missing Values
Day 4:
Advanced Predictive Applications
  • Creating a panel of experts with Random Forest
  • Generating possible futures with Simulations
  • What-If Scenario Analysis
Day 5:
AI and Analytics Strategy
  • AI and Analytics Proof of Concept (POC)
  • Communication of Insights
  • Visualization with Dashboard
  • Case Study

 

Analysts, accountants, valuers, finance managers, investment managers, and other accounting and finance professionals who are keen to know how to integrate AI and analytics into their work to improve efficiency and support decision making.

Training is typically conducted from 9am to 5 pm unless specified otherwise.  

Dates (Open for Application)
Q3 2023 (July, dates to be confirmed)

Venue:
NTU@one-north, Executive Centre

Address: 11 Slim Barracks Rise (off North Buona Vista Road), Singapore 138664
MRT: Buona Vista Station (Exit D)

Nanyang Executive Education reserves the right to change the date, venue, and mode of delivery due to unforeseen circumstances or prevailing government advisory.

Full programme fee: S$ 4,600 (before GST)

Fees payable after SkillsFuture Singapore (SSG) funding:

Programme Fee In SGD 
 Fees BEFORE
funding & GST
Fees AFTER
funding & 7% GST
Fees AFTER
funding & 8% GST
(wef 1 Jan 2023)
Singapore Citizens (aged 21-39) / PR (aged ≥21)
70% Funding
​$4,600$1,476.60$1,490.40
Singapore Citizens (aged ≥40)
MCES1 - up to 90%
​$4,600$556.60$570.40
SME-sponsored Singapore Citizens / PR
ETSS2​ - up to 90%
​$4,600$556.60$570.40
International Participants​$4,600$4,922.00$4,968.00


1.
 SkillsFuture Mid-career Enhanced Subsidy (MCES) scheme. For more information, visit the SkillsFuture website here.
2. Enhanced Training Support for Small & Medium Enterprises (ETSS) scheme. For more information, click here.

SkillsFuture Credit 
On top of the above funding, Singapore Citizens, aged 25 and above and self-sponsored may use their SkillsFuture Credit to defray part of the net course fee. 

Participants do not need to contact SkillsFuture to apply for funding prior to course registration. NTU will facilitate the funding paperwork for both self and company-sponsored participants. Participants will be invoiced the net amount after funding and GST.

Funding Requirements:
- Participant must achieve at least 75% attendance for the programme. 
- Participant must complete and pass all assignments / assessments as assigned by the trainer.

 

Neumann Chew

Dr. Neumann Chew C.H. 

Senior Lecturer, Nanyang Business School, NTU Singapore

Neumann Chew C.H. is Senior Lecturer at NTU Nanyang Business School and leads Data Science/Machine Learning projects with companies. Previously, he was Principal and Head of Analytics at SAS Institute where he designed and lead advanced analytics solution for government agencies, banks, insurance companies, hospitals and MNCs. Prior to SAS Institute, he was Head of Research & Statistics at Ministry of Health, and Professor of Financial Mathematics in Dubai Academic City.

He had published the textbook Artificial Intelligence, Analytics and Data Science, currently used in undergraduate Analytics specialization and Masters of Business Analytics programme.

Please click here to read more about Dr Chew.
Dr. Teoh Teik Toe

Dr. Teoh Teik Toe

Senior Lecturer, Division of Information Technology & Operations Management
Nanyang Business School, NTU Singapore

Dr Teoh is currently the Senior Lecturer and Academic Director of MSc Business Analytics at Nanyang Business School, NTU. Prior to this, he was the Associate Director in SUTD and Fellow in SUTD Academy. He has more than 25 years of research experience under his belt in areas such as AI, Big Data, Cybersecurity, Artificial Intelligence, Machine Learning, Deep Learning and Software Development. He has over 15 years of teaching experience in AI, Data Science and Analytics, Statistics, Finance, Accounting and Law. In addition, he has 14 years of experience as a director in a listed company (NTPM Berhad) including Audit Committee Member.

He has obtained his PhD in Computer Engineering from NTU, Doctor of Business Administration and MBA from University of Newcastle, Master of Law from NUS, LLB and LLM from University of London. He is also holding professional certifications including CFA, ACCA, CIMA, Chartered Accountant Singapore, Chartered Accountant Malaysia and CPA Australia.

Please click here to read more.

Ms. Chua Ai Leng

Ms. Chua Ai Leng

Valuation, Modelling & Economics Partner, Strategy and Transactions,
Ernst & Young Solutions LLP

Ai Leng is a Partner with EY’s Strategy and Transactions team, focusing on business valuation and financial modelling. She is also one of the trainers for the valuation and business modelling teams in the ASEAN region.

She has vast experience in the valuation of companies, businesses, employee stock compensations and intangible assets for financial reporting, tax purposes, mergers & acquisition and litigation support purposes. Her engagements include cross-border deals across ASEAN and United States for a diversified portfolio of clientele. Her clientele spans across many industries, including hospitality and tourism, telecommunication, infrastructure and technology. She has conducted valuation review work for over 100 companies that are listed on the Singapore Stock Exchange for financial reporting purposes.

Ai Leng is a Chartered Accountant (CA, Singapore) and a Chartered Valuer and Appraiser (CVA) accredited by Institute of Valuers and Appraisers of Singapore. She holds a Bachelor of Accountancy from Nanyang Technological University, Singapore.