Statistics Colloquium
November 14 (Fri) 11 a.m.
Alavi Commons Room, 6625 Everett Tower

Applied Statistics in Financial Services

Dan Beaudoin
Consumer Credit Loss Forecasting

Businesses are increasingly dependent on data-driven decision making to direct long-term strategic planning, as well as day-to-day tactical decisions. The financial services industry has refocused efforts to leverage transparent, empirical decision making technology since the financial crisis of 2007-08. Applied statistics drive a multitude of processes within the financial services industry from asset pricing to risk-weighted capital allocation.

This presentation will focus on the use of applied statistics within a risk management context. Commonly used techniques including roll-rates, Markov chains, and logistic regression & scorecard construction will be reviewed. We will discuss in depth an example of the use of parametric hazard regression within asset valuation models.

All statistics students are expected to attend.


Past colloquiums


Department of Statistics
3304 Everett Tower
Western Michigan University
Kalamazoo MI 49008-5152 USA
(269) 387-1420 | (269) 387-1419 Fax