> Do you deal with statistics in the financial or retail world?
> Would you like some training in Time Series Forecasting, Cointegration
> Models or other topics?
> Have a look below at some of the courses in the RSS's Professional
> Development Centre's current programme.
>
> ***** RSS Professional Development Centre - Training Courses *****
>
> An Introduction to Time Series Forecasting, Robert Sollis, 27-28 March
> 2008
>
> This two-day course offers an introduction to time series forecasting.
> The course will explain how to forecast time series using univariate and
> vector statistical time series model, and how to evaluate the forecasts
> obtained to help decide on the best forecasting specifications to be used
> in practice. The most well-known time series models will be covered
> including autoregressive moving average (ARMA) models, vector
> autoregressive (VAR) models, vector error correction models (VECM), and
> nonlinear time series models (e.g. threshold autoregressive models).
> Recently developed statistical procedures for evaluating the accuracy and
> information content of forecasts will also be discussed.
>
> Course fee starts from £250 plus vat. For more information please go to
> www.rss.org.uk/courses <www.rss.org.uk/courses> and click onto FINANCE
>
> Cointegration Models in Statistics and Econometrics, Robert Sollis, 20-30
> May 2008
> This advanced level short course deals with the econometric modelling of
> cointegrated time series. The course focuses in detail on both the
> Engle-Granger approach to modelling cointegrated time series and the
> Johansen vector-based approach. Testing for cointegration will be
> comprehensively discussed. Recent extensions including nonlinear
> cointegration models and cointegration in the presence of structural
> breaks will also be covered.
> Relevant statistical theory so as to fully understand the concept of
> cointegration will be explained, however the course will also focus on how
> to apply cointegration models to actual data and numerous empirical
> examples will be used throughout. Many of these will be from economics
> and finance although examples from other subject areas will be used.
> Course fee starts from £250 plus vat. For more information please go to
> www.rss.org.uk/courses <www.rss.org.uk/courses> and click onto FINANCE
>
> Understanding Credit Scoring - David Edelman - 4 June 2008
>
> Comments from delegate from previous course on Understanding Credit
> Scoring:
> "Very Enjoyable and informative"
>
> Credit Scoring is now the most common means of banks and other lenders
> making consumer lending decisions. For example, without explicit warning
> and within the law, most UK consumers are scored several times each month.
> At the heart of credit scoring lies a variety of statistical methods and
> models. This workshop introduces the delegates to the business context and
> discusses the statistical methods and related statistical issues within
> that context.
> This workshop is designed for those who do not work in credit risk but
> wish to understand a little about credit scoring and how it is used in a
> modern consumer lending environment. This might include people working in
> a lending businesss but not in a Risk Department, or those who wish to
> consider applying the techniques and strategy of credit scoring to other
> business problems. It could also include those who are considering or who
> have recently embarked on a career in credit scoring. One other group
> comprises those doing research into credit scoring techniques and
> methodologies for whom the workshop represent an opportunity to learn
> about the practical business environment in which their research might be
> implemented.
>
> Course fee starts from £250 plus vat. For more information please go to
> www.rss.org.uk/courses <www.rss.org.uk/courses> and click onto FINANCE
>
> Please visit www.rss.org.uk/courses <www.rss.org.uk/courses> to register
> or to obtain further details of courses available by the RSS Professional
> Development Centre.
>
> We look forward to receiving your registrations.
>
> Kind regards
>
> Ali Houghton
> RSS PDC Training Co-ordinator
>
> RSS Professional Development Centre
> Tel: +44 (0)1625 504067 Fax: +44 (0)1625 267879
>
> Resources for Associations Ltd
> Registered Office: South Park Road, Macclesfield, SK11 6SH
> Registered in England No. 4391074
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