Advanced AI in Businesses and Organiztions

In this seminar, students will implement an advanced machine learning project. The machine learning project should be of value to the decision-making in businesses, organizations, and society. We consider this an advanced course for specialization.

Quick Info: Master | Seminar | English | Summer Semester | 6 ECTS

Summary

CourseAdvanced AI in Businesses and Organizations
ChairInstitute of AI in Management
Lecturer Prof. Dr. Stefan Feuerriegel
AssistantsAnnually changing
Weekly HoursCoaching sessions by individual arrangement
Target GroupMMT, MBR & M.Sc. BWL
ExaminationSeminar paper and video presentation
Prerequisites
  • Solid programming skills required (e.g., R, Python)
  • Solid knowledge of machine learning required
  • Follow-up elective after successful completion of AI for Managers (MMT & MBR) or Digital Technologies, Business Analytics and Management (M.Sc. BWL)
Course MaterialCourse material will be shared via Moodle, students are required to self-enrol to the course through Moodle, self-enrolment key can be accessed via LSF
RotationAnnual rotation, summer semester
LanguageEnglish
ECTS6

Description

In this seminar, students will implement an advanced machine learning project. The machine learning project should be of value to the decision-making in businesses, organizations, and society. We consider this an advanced course for specialization.

This is a hands-on course where students are asked to implement machine learning in a self-determined way and eventually present the results to a scientific audience (video presentation). As such, the focus is almost exclusively on methodological aspects that arise from the underlying mathematics.

During the project, students will need to engage in the following tasks related to practical implementations:

  • Pre-process data to transform it into relational structures
  • Apply statistical software (e.g., R and/or Python) to perform business analytics in practice
  • Evaluate the results to choose the best-performing method

Outline

  • Final dates and times will be shared via Moodle.
  • Coaching sessions by individual arrangement.
  • Submission of seminar paper and video presentation via Moodle.

Literature

  • James, Witten, Hastie & Tibshirani (2013): An Introduction to Statistical Learning: With Applications in R. Springer.
  • In-depth introduction to machine learning in 15 hours of expert videos
  • Wickham: R for Data Science.
  • Kuhn & Johnson. Applied Predictive Modeling. Springer.
  • Hastie, Tibshirani & Friedman. The Elements of Statistical Learning: Data Mining, Inference, and Prediction. Springer.
  • Goodfellow, Bengio, Courville (2016): Deep learning. MIT Press.
  • R-Bloggers features regularly worked examples (with R)