Chapter 1: Financial Data Science: An Overview
Introduction
The primary job of a data scientist is to create value out of data. Although organizational data is commonly accepted as an intangible asset that presently cannot be capitalized on the balance sheet, it is now one the most lucrative means to create value. Indeed, the business models of some of the most valuable companies today are built on monetizing the data that they collect from the end-users of their platforms. As these types of companies continue to emerge and as other businesses continue to seek opportunities to extract value from their own data or data acquired from other businesses, the demand for data scientists is expected to continue to grow into the future.
There are academic ...
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