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About the Book

COMING SOON

These Working Notes compile material from the author's GitHub repository, accessible at the following  link. The notes and the GitHub repository are dedicated to two books - Applied Data Science for Credit Risk and Probability of Default Rating Modeling with R - covering different credit risk modeling topics. Their main goal is to extend the content of the books to specific tasks and challenges practitioners face in their day-to-day work.

The motivation behind writing these books and creating the repository stems from the observed gap between academic literature, industry practices, and the evolving landscape of data science. While the literature on credit risk modeling has grown significantly, discrepancies persist. The evolution of data science has brought considerable automation to many processes but has also introduced the risk of overreliance on pre-programmed procedures, sometimes resulting in the misuse of statistical methods. Additionally, many practitioners entering the field of credit risk modeling often overlook fundamental principles, which hinders their professional development.

These Working Notes aim to serve as a centralized hub for continuous education and consolidating essential concepts in credit risk modeling.

Like the idea behind the GitHub repository, the Working Notes will be regularly updated as new material becomes available. 


About the Author

Andrija Djurovic’s avatar Andrija Djurovic

Andrija Djurovic is a credit risk professional with over ten years of experience in credit risk modeling. His expertise encompasses modeling Probability of Default, Loss Given Default, Exposure At Default, the development of scoring models, macroeconomic modeling, and portfolio analysis. With comprehensive statistical knowledge spanning academia to industry, his proficiency extends to crafting tailored analytics applications. Notably, Andrija is the author and developer of essential R (monobin, monobinShiny, PDtoolkit, LGDtoolkit) and Python (monobinpy) packages tailored for credit risk modeling. Andrija is also the author of the books Applied Data Science for Credit Risk and Probability of Default Rating Modeling with R.

To learn more, visit his LinkedIn profile at www.linkedin.com/in/andrija-djurovic, github page at https://github.com/andrija-djurovic, or connect directly through email at djandrija@gmail.com.


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