Overview:
This course gives an introduction to the process of scoring model development. Topics covered include the general steps of a scorecard development project – from the historical data collection and preparation to the scorecard design, validation and implementation. All the issues are described on the example of Scorto Model Maestro application.
Duration:
16 hours
Language:
EN
Who should attend:
Risk managers, Risk analysts and Scorecard Developers
Learn how to
- prepare representative and robust data for model training
- design a basic scorecard using logistic regression
- assess and validate the scorecard
- implement the scorecard into the credit granting process
- control the scorecard power and adequacy on pre- and post-implementation stages
Prerequisites:
It is recommended to take “An Overview of the Automated Decision Management Environment” course before attending this course. Also before attending this course you should have experience using computer software. Basic mathematics/statistics knowledge is desirable, but still the basic topics are covered during in the course.
Course contents:
- Introduction to the Credit Scoring Modeling
- Data Collection and Formalization Process
- Data Sampling and Analysis
- Scorecard Development
- Scorecard Assessment and Validation
- Implementation of the Scorecard
- Scorecard and Portfolio Monitoring