FIN*4000 Machine Learning for Economics and Finance
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FIN*4000
Machine Learning for Economics and Finance
Capstone Project Grading Rubric
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Abstract and Introduction |
Points |
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Clearly summarizes the motivation of the project and main results. It is clearly explained why the problem is important and why it makes sense to use a machine learning approach over a traditional method. |
10 |
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Data |
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Data is clearly explained with key summary statistics. Data was plotted to support the project motivation. Domain knowledge was used to create the features and clean the data. |
10 |
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Methodology |
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Project incorporated most methods from the class including lasso, ridge, principal component regression, random forest, boosting, linear/logistic regression, support vector machines, KNN. The validation set approach or CV was used to tune parameters. Deep learning can be used to replace some methods above. |
20 |
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The machine learning methods are clearly and intuitively described (i.e., researcher is not simply using ML packages without deeply understanding the methods). It is clearly described how you managed to solve the problem using machine learning tools, and why these methods can outperform the traditional benchmark. Proper methods for model evaluation and comparison were used. |
20 |
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Results and Conclusion |
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Clear analysis of how the machine learning performed. Clear explanation of how they compare to existing benchmarks. If your methods did not do as well as you were expecting, could you elaborate as to why? What conclusions can you draw from the project? What are the economic implications of your findings? Given your results, how would you extend the project in the future? |
20 |
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Code |
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Code is clean and easily readable. Code utilizes methods learned in this course including pandas and scikit-learn.
Note that submitting uncommented code or not submitting code at all can result in substantial grade reductions in other sections. Code must be original and not copied from websites (e.g., Kaggle). |
10 |
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Communication |
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Writing is clear, concise, and well-organized. Virtually no spelling, punctuation, or grammatical errors. |
10 |
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Total |
100 |
2023-04-03