Develop Stochastic Optimization Models for Finance & Energy | Online Course by Udemy

Course Online Course by Udemy, On Sale Here

Using GAMS & FICO. We start From ZERO

An excellent training about

Develop Stochastic Optimization Models for Finance & Energy

We develop Stochastic Optimization models and apply them to Energy and Finance. Specifically.a) We install FICOand GAMS software and learn the fundamental code needed.b) We define what Stochastic Optimization is, what a scenario is, what uncertainty is, what the levels of uncertainty are, what a Scenario Tree is, and we look at mathematical formulations for Stochastic Optimization.c) We apply Stochastic Optimization to Energy. Specifically we build an Energy Investment model.d) We apply Stochastic Optimization to Finance. Specifically we build a Portfolio Optimization model. We use FICOand GAMS software tools.e) We model with code the operation of an electricity network: power flows, costs, thermal limits etc.f) We learn the differences between deterministic and stochastic optimization. The code is significantly different in these two versions of optimization. g) We conduct sensitivity analyses on stochastic optimization problems. The entire FICOand GAMS code, and complementary material used in this course, are all available to download. No prerequisites are specified for this course. We start, literally, from the very beginning and build, step by step, the necessary knowledge. In case you have difficulties, please feel free to post them in the Q & Asection. Thank you, and see you in the course.

Udemy is the leading global marketplace for learning and instruction

By connecting students all over the world to the best instructors, Udemy is helping individuals reach their goals and pursue their dreams.

Study anytime, anywhere.

START HERE