Students of the MSc in Data Science at UCU took the 3rd place in the final of the Queen’s Innovation Challenge World Cup and won $6,000.
“To participate in the competition, we chose the task from BMO (Bank of Montreal), one of the four largest Canadian banks. The task was to analyze customer revenues and identify abnormalities. These anomalies interested the bank as a possible source of funds for investment products that the bank could offer to the client. We have developed several approaches to finding such abnormalities and combine them into one algorithm. After that, we have made several models to predict the real fact of selling an investment product according to past data. At the last stage, we optimized the target group of clients, which the bank has to actively offer the product within the framework of CRM”, – comments Anatoly Stegnyi, a student of the UCU Data Science Master’s Program.
Students of all bachelor’s and master’s programs could take part in the competition. Each of the 7 top Canadian companies – Scotiabank, RBC, TD, BMO, Spirit of Math, Loblaws and Canadian Tire – provided the contestants with their own company data and tasks to solve a particular business problem through data analysis. The competition was held internationally for the first time. Before that, it was only for Canadian students.
Companies Ciklum, SoftServe and N-ix have become sponsors of the team on a trip to Canada for competition.