An Intensive 5-day Training Course
The Art and Science of Modelling
Developing, Implementing, Managing and Optimally Leveraging Robust and Effective Models
CLASSROOM DATES
INTRODUCTION
This EuroMaTech The Art and Science of Modelling training course will provide you with the necessary skills and knowledge to develop, implement, manage and optimally leverage robust and effective models. Indeed, modelling has become central and critical to any successful organization, but models are often poorly designed and inefficiently implemented, severely limiting their usefulness and longevity. In addition, a lack of clear documentation can lead to improper use and significant model risk.
During this course, you will learn about the end-to-end model lifecycle and the benefits of properly designing and managing models, from simple Excel-based models to advanced analytics and generative AI models. With practical examples and case studies you will put those learnings into practice and strengthen your knowledge around the Art and Science of Modelling.
This training course will highlight:
- The benefits of properly defining and managing models across an organization
- The end-to-end model lifecycle, from design to decommissioning
- The principles underpinning robust model design, development and implementation
- How to safely use advanced analytics and (generative) AI models
- Regulatory frameworks around managing and controlling data and models
TRAINING OBJECTIVES
At the end of this training course, you will learn to:
- Design, implement and manage an end-to-end model lifecycle
- Understand the benefits of model management
- Apply the principles underpinning robust modelling
- Recognise model weaknesses and limitations
- Ensure that your organisation follows modelling best practices
WHO SHOULD ATTEND?
This training course is suitable to any professional developing, using or reviewing models, and is relevant across all industries and sectors. In particular, this training will greatly benefit:
- Modelers in any function / division
- Model reviewers and validators
- Financial analysts and managers
- Risk analysts and managers
- Pricing analysts and managers
- Data analysts and managers
- Engineers and operation managers
- Internal & external auditors
- Control & compliance functions
- Senior leadership, including non-executive directors
TRAINING METHODOLOGY
This The Art and Science of Modelling training course uses a range of proven advanced learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes group discussions, facilitated case studies, presentations and team-based exercises. It will also include case examples of situations in which the training course leader has been personally involved.
TRAINING SUMMARY
At the end of this training course, the participants will gain the following:
- Improve quality of their current models
- Design, develop and implement value-adding models
- Boost trust in their models through better recognition of its strengths and weaknesses
- Incorporate best practice across the model lifecycle
- Increase their productivity with the use of effective models
- Gain exposure to senior management with high-quality models
TRAINING OUTLINE
Day 1 : The Model Lifecycle
- What is a model?
- The use of models across organisations
- Introduction to the model lifecycle paradigm
- Benefits of the model lifecycle
- Model governance & management
- Data quality and data management
Day 2 : Model Design, Development & Implementation
- Objectives and intended uses of a model
- Principles of model design
- Parsimony versus complexity
- Data selection
- Software selection
- Model development
- Model implementation
Day 3 : Model Parameterisation, Use & Decommissioning
- Model parameterisation & calibration
- Reporting & communication of results
- Analysis of change
- Model limitations
- Model documentation
- Managing and communicating uncertainty
- Decommissioning of models
Day 4 : Model Risk Management
- Examples of model risk
- Model validation and quality assurance
- Model testing and review
- Model landscape & registry
- Model dependencies
- Regulation around MRM
Day 5 : Advanced Modelling Techniques
- Advanced Analytics and Machine Learning
- Generative AI
- Benefits of Advanced Modelling Techniques
- Typical use cases for Advanced Modelling Techniques
- Model Risk Management in an AA/ML/GenAI context
CALL ME BACK
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ACCREDITATION
EuroMaTech is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
Euromatech is a Knowledge & Human Development Authority (KHDA) approved training institute in Dubai, licensed and approved to deliver training courses in the UAE.
The KHDA is the regulatory authority in the UAE, that oversees administering, approving, supervising, and controlling the activities of various education providers in the UAE. We are proud of our commitment to ensuring quality training courses and status as a KHDA-approved training provider.
FAQ
What makes EuroMaTech a leader in professional training?
EuroMaTech stands out as a leader in training and professional development due to:
- 30+ years of experience delivering high-impact training courses across industries.
- Accreditations from leading institutions, ensuring top-tier course quality and recognition.
- A portfolio of thousands of training courses, serving professionals at every level.
- A focus on innovation and future-ready learning models, including blended and digital training.
- Long-term partnerships with organizations globally, ensuring sustained success through talent development.
How can I register for a EuroMaTech training course?
To register for a training course, you can:
- Visit the EuroMaTech website, browse the available courses, and follow the online registration process.
- Contact EuroMaTech’s support team for assistance with course selection or inquiries about corporate training solutions.
Does EuroMaTech offer international training courses?
Yes, EuroMaTech delivers training courses in major cities worldwide, including locations across Europe, Asia, Africa, and the Middle East, in addition to its extensive presence in Dubai.
Where are EuroMaTech’s training courses held?
EuroMaTech conducts its training courses at prestigious venues across Dubai and other major international cities. Additionally, virtual training options are available, allowing participants to join courses remotely from anywhere in the world.
What ISO training courses does EuroMaTech offer?
EuroMaTech provides a range of ISO certification and compliance training courses, including:
- ISO 9001 – Quality Management Systems Training
- ISO 45001 – Occupational Health & Safety Management Training
- ISO 14001 – Environmental Management Systems Training
These courses help organizations adopt internationally recognized standards and improve their overall performance.
How does EuroMaTech ensure the quality of its training courses?
EuroMaTech ensures the highest standards by:
- Partnering with globally recognized accrediting bodies such as ILM, CPD, PMI, NEBOSH, and HRCI.
- Designing training courses with a focus on practical, real-world applications.
- Using experienced instructors with industry expertise.
- Continuously updating course content to reflect current trends and best practices.
Does EuroMaTech provide customized corporate training courses?
Yes, EuroMaTech specializes in tailored corporate training courses designed to meet the unique needs of organizations. These customized courses are ideal for businesses seeking to upskill teams across different departments or regions.
How many professionals have attended EuroMaTech’s training courses?
EuroMaTech has successfully delivered thousands of training courses, with thousands of professionals from over 50 countries attending annually.
What industries does EuroMaTech serve through its training courses?
EuroMaTech provides specialized training courses for a wide range of industries, including:
- Oil & Gas
- Energy & Power
- Construction & Infrastructure
- Banking & Finance
- Healthcare
- Telecommunications
- Logistics & Supply Chain
- Aviation & Aerospace
- Government & Public Sector
- Hospitality & Tourism
- Information Technology & Cybersecurity
- Human Resources & Talent Management
Are EuroMaTech’s training courses accredited?
Yes, EuroMaTech’s training courses are accredited by globally recognized institutions, ensuring high-quality, internationally respected certifications. Key accreditations include:
- ILM (Institute of Leadership & Management)
- CPD (Continuing Professional Development Certification Service)
- PMI (Project Management Institute)
- NEBOSH (National Examination Board in Occupational Safety and Health)
- HRCI (Human Resource Certification Institute)
What types of training courses does EuroMaTech offer?
EuroMaTech offers a diverse portfolio of training courses designed to meet the needs of professionals at all levels. These include:
- Leadership & Management Development Training
- Technical & Engineering Training Courses
- Project & Risk Management Training
- Health, Safety & Environmental (HSE) Training
- Finance & Accounting Training Courses
- ISO Compliance & Certification Training
- Human Resources & Talent Management Training
- Soft Skills & Communication Training Courses
Do you provide assistance with hotel accommodation?
Yes, we can assist you with the following:
- Corporate Discount: If available, we can extend our corporate discount for your stay at selected hotels.
- Hotel Suggestions: We can provide recommendations for nearby hotels based on your preferences and budget.
Feel free to explore online booking platforms for the most cost-effective options.
Do you offer customized training for organizations?
Yes, we provide tailored training solutions designed to meet the specific needs of your organization. Customized courses can be delivered either in-person or online, and you can select the dates and duration that best fit your schedule. For more details, please contact us at inhouse@euromatech.com
What types of training formats do you offer?
We provide two flexible training formats to suit your preferences:
- Classroom Training: Experience in-person learning with expert instructors. Engage in interactive discussions, hands-on activities, and benefit from face-to-face networking.
- Online Training: Join live online sessions from anywhere, offering flexibility for those with busy schedules or who prefer remote learning.
- In-House Training: We can bring our training directly to your organization, allowing for tailored sessions that address your specific needs and objectives.
Can you assist with visa arrangements?
Yes, we can help by issuing an official Letter of Invitation once you’ve confirmed your training registration, which can assist in your visa application process.
Who will be the senior consultant leading the training?
We are happy to share the profiles of our expert instructors. To learn more about their qualifications and experience, please contact us info@euromatech.com
