Data Science Introduction

Introduction to
Data Science
Website: https://inttrvu.ai
Index
• About me
• What is Data Science?
• How Data Science projects work in industry?
• Successful Career transition tips
• Next Steps
About me
What is Data Science?
• Building intelligent products, applications and insights from data

• Solve business problems using data e.g., Identify top customer issues from
millions of reviews
• Build predictive models using data e.g., predict credit card default based on
historical financial data
Product/Movie recommendation Engine Amazon/Netflix

Search engine of Google Website: https://inttrvu.ai
Content recommendation Engine of YouTube, Instagram
Computer Science:
Programming ( Python, SQL)
Maths and Statistics:

Basics of mathematics and statistics
Exploratory data analysis
Machine Learning
Domain knowledge:
Idea about the business domain e.g., experience or
knowledge in automotive domain
Data Science/Machine Learning/
Deep learning/AI
Applications of Data Science
Supervised Learning
• Supervised learning is the type of

ML algorithms in which ML model
learns based on examples of data
and labels
E.g., Regression and classification

models
Un-supervised Learning
• Un-supervised learning is the type of

ML algorithms in which ML model
identifies patterns in the data
• It automatically identifies group of
similar examples
E.g., Clustering models Website: https://inttrvu.ai
How data science projects work in
industry?
How data science projects work in industry?
➢Discovery phase
➢Data processing and SME interactions
➢ML model building and evaluation
➢Stakeholder signoff
➢Model deployment
➢Model monitoring
Discovery phase
➢Define a problem statement

▪ E.g., Loan default risk prediction model
➢Calculate potential business impact

▪ E.g., Reduction of NPA by 5% resulting in direct
profit impact of y%
▪ Business impact can be cost saving, increased
revenue, reduced FTE /vendor cost
➢Identify relevant data sources

Website:
▪ Do we have data to solve this https://inttrvu.ai
problem?
▪ Where is it located? How to get access to the data?
Time Duration: 1-2 months
Data Processing and SME interactions
➢SME interactions
▪ Understand current process used for risk
prediction
▪ Identify various parameters and features used
▪ Identify relevant tables
➢Data processing
▪ Get the features from various sources to
project data lake / database
▪ Exploratory data analysis for cleaning data, Time Duration: 1-2 months
missing value imputation etc.
Build ML Model
➢Feature engineering
▪ Identify list of potential features from data and
SME interactions
▪ Check if new features can be created using
existing data e.g., number of months from first
salary
➢Model building
▪ Build ML model based on historical data
➢Evaluation Website: https://inttrvu.ai

▪ Evaluate the model performance using various
evaluation metrics
Time Duration: 2 months
Stakeholder signoff
➢ Present detailed evaluation report

▪ Evaluation period and Accuracy, Precision, Recall etc.
➢ Business impact
▪ % of additional risk predicted and its impact on NPA
➢ Integration with systems

▪ How model would interact with input (data) and users?
▪ How the results would be made available?
➢ Model risk management Website: https://inttrvu.ai

▪ Signoff from the risk management team
Time Duration: 1-3 months
Model deployment
➢Code standardization and documentation

▪ PEP8 standards, comments in code
▪ Documentation of feature engineering,
model, results etc.
➢Dockerized deployment ( most used )

▪ Deploy the model to run as API end point or
batch script
▪ Dockerized format deployment
Website:ishttps://inttrvu.ai
preferred as
it's easy to manage across environments
Website: https://inttrvu.ai Time Duration: 1-2 months

Model monitoring
➢Monitor input data quality

➢Identify incorrect results and areas of
improvement
➢Retrain model at regular frequency
➢Calculate actual business impact
Time Duration: Continuous process

Successful career transition
Top challenges in mind of data science aspirants
• I am not expert in Maths

• I don’t know Python programming
• I am not working in IT
• How to get shortlisted and crack interviews?
• Which kind of role I should target?
How to succeed?
• Follow the process

• Be consistent in your efforts to get guaranteed results
• Work on assignments
• Be proactive in reaching out for your doubts
• Dedicated doubt solving session: Every Thursday 8:30 to 9:00 PM
Let's target 100% success ratio !

Next Steps
Next Steps
Install Anaconda /Python on Your laptop

You will receive document and video link from us
Get your setup ready in this week

Let's connect for general discussion and setup doubts on Thursday
Python sessions from 29th Jan

Monday, Tuesday, Wednesday: 8:00 to 9:30 PM IST
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Introduction to

• Building intelligent products, applications and insights from data

Product/Movie recommendation Engine Amazon/Netflix

Maths and Statistics:

• Supervised learning is the type of

E.g., Regression and classification

• Un-supervised learning is the type of

E.g., Clustering models Website: https://inttrvu.ai

➢Define a problem statement

➢Calculate potential business impact

➢Identify relevant data sources

➢Evaluation Website: https://inttrvu.ai

➢ Present detailed evaluation report

➢ Integration with systems

➢ Model risk management Website: https://inttrvu.ai

➢Code standardization and documentation

➢Dockerized deployment ( most used )

Website: https://inttrvu.ai Time Duration: 1-2 months

➢Monitor input data quality

Time Duration: Continuous process

• I am not expert in Maths

• Follow the process

Let's target 100% success ratio !

Install Anaconda /Python on Your laptop

Get your setup ready in this week

Python sessions from 29th Jan

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