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 Duration 14 hours

Course Outline

Introduction to Databricks and Applications in Finance

  • Exploring the Databricks ecosystem
  • Review of financial data analysis workflows
  • Real-world examples: risk modeling, financial reporting, and audit logs

Initiating Work with Databricks Notebooks

  • Setting up and navigating notebook interfaces
  • Implementing Python and SQL within Databricks
  • Collaborating via comments and tracking version history

Data Ingestion and Cleansing

  • Importing financial data from CSV files, databases, and APIs
  • Utilizing Spark DataFrames for data preparation and cleaning
  • Managing missing values and outliers

Transforming and Aggregating Financial Datasets

  • Computing KPIs and key financial ratios
  • Applying filters, grouping, and pivoting techniques
  • Manipulating and resampling time series data

Visualizing Financial Insights

  • Building dashboards using Databricks visual tools
  • Tailoring charts for financial reporting needs
  • Exporting visuals for presentations or regulatory reviews

Query Optimization and Delta Lake Usage

  • Understanding Delta Lake architecture
  • ACID transactions ensuring data reliability
  • Enhancing performance through data partitioning

Collaboration, Scheduling, and Distribution

  • Managing access controls and permissions for finance teams
  • Scheduling automated jobs for reporting
  • Securely exporting data and results

Conclusion and Future Directions

Requirements

  • A solid grasp of fundamental data analysis principles
  • Practical experience with Python or SQL
  • Knowledge of financial data categories and reporting standards

Target Audience

  • Financial analysts and business intelligence experts
  • Data analysts operating within the financial sector
  • Data engineers providing support to finance teams

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