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The Academy of Continuing Education at Shiv Nadar Institution of Eminence, in collaboration with MachineHack, is thrilled to announce the third edition of its hugely successful Analytics Olympiad. Lasting a whole month from August 24 to September 24, 2023, this annual event provides a much-desired platform for data scientists and machine learning professionals to showcase their predictive analytics prowess and win up to INR 1.5 lakh.
Analytics Olympiad 3.0 is based on the theme — Predicting Customer Loan Default — and will provide valuable insights for the banking, finance, insurance (BFSI) and fintech industry.
Problem Statement
In today’s financial landscape, an accurate prediction of customer loan default can reduce the risk and maintain a healthy lending portfolio. The challenge requires the participants to develop machine learning models to determine the likelihood of a customer defaulting on a loan.
Contestants will be provided with credit history, payment behaviour, and account details to build the model. This challenge mirrors a huge real-world problem faced by financial institutions, thus making it extremely relevant.
Start Date: 24th August 2023
End Date: 24th September 2023
Click here to register for the Analytics Olympiad
Details about the competition
The Analytics Olympiad 2023 will be held in three distinct phases, each designed to bring out the best in participants.
Phase #1: Register and compete: Online
Solving the problem statement on MachineHack. Contestants will kick-start their journey by engaging in intense problem-solving on the platform.
Phase #2: Achieve Top 50
Upon concluding Phase #1, the spotlight turns to the top 50 leaderboard contestants. These frontrunners will be invited to share presentations
outlining their problem statement analysis, approach, and the impact of their solutions.
Phase #3: Grand Finale: In Person on Campus
The competition reaches its climax with the top 10 shortlisted contestants. The top 10 finalists for the jury round are hosted and complete airfares and travel expenses borne by Academy of Continuing Education at Shiv Nadar IoE. Here, the finalists will undergo evaluation by a distinguished panel of experts during the jury rounds to be held in person at the beautiful and biodiverse campus of Shiv Nadar IoE Delhi NCR.
Simultaneously, leaders’ panel discussions will stimulate insightful dialogues about the intersection of analytics and business. The awaited moment will arrive on November 17 and 18, with the announcement of the top three winners, followed by prize distribution at Shiv Nadar University.
Evaluation Process
- All submissions will be evaluated using the “roc_auc” metric. One can use “sklearn.metrics.roc_auc_score” to get a valid score
- This competition supports private and public leaderboards
- The public leaderboard is evaluated on 30% of Test data
- The private leaderboard will be made available at the end of the phase 1 of the competition, which will be evaluated on 100% of Test data
- The Final Score represents the score achieved based on the Best Score on the public leaderboard
Finalists will be judged as per the following criteria, in the final jury round:
30% Business Outcome/Impact,
20% Innovative + Creativity
20% Algorithm and ML approach
15% Statistically analysis
15% Presentation + Communication.
Start Date: 24th August 2023
End Date: 24th September 2023
Click here to register for the Analytics Olympiad
Recognition and Prizes that await the Champions
The winners of Analytics Olympiad 2023 will be recognized and rewarded with prizes as follows:
- Winner: INR 1 Lakh
- 1st Runner-Up: INR 30,000
- 2nd Runner-Up: INR 20,000
Note: TDS will be deducted as per the government norms.
Disclaimers
- MachineHack, Analytics India Magazine and Shiv Nadar Institution of Eminence reserve the right to disqualify a participant if any of the details entered by them are found to be incorrect.
- Any external dataset usage is strictly prohibited. The participants will be disqualified if found using any external dataset.
- MachineHack, Analytics India Magazine and Shiv Nadar Institution of Eminence reserve the right to modify, edit and change the rules of the Analytics Olympiad at any stage.
Eligibility Criteria
- The participant must be a citizen of India.
- The participant should be above 18 years of age.
- The participant must hold a valid government ID, such as a PAN card or Aadhaar Card.
- The participant needs to have a valid bank account based in India.
- If shortlisted for the final jury round, the participant should be able to travel to Shiv Nadar Institution of Eminence, Delhi NCR.
- Previous years’ finalists of jury rounds are not permitted to participate.
Start Date: 24th August 2023
End Date: 24th September 2023
Click here to register for the Analytics Olympiad
About Shiv Nadar Institution of Eminence, Delhi-NCR
Shiv Nadar Institution of Eminence is a student-centric, multidisciplinary and research-focused university offering a wide range of academic programs at the Undergraduate, Master and Doctoral levels. The University was set up in 2011 by the Shiv Nadar Foundation, a philanthropic foundation established by Mr. Shiv Nadar, founder of HCL. In the NIRF (Government’s National Institutional Ranking Framework), the University has been the youngest institution in the ‘top 100’ overall list.
The university’s Academy of Continuing Education aims to facilitate best-in-class knowledge, practices and skill development offerings to the growing ecosystem of lifetime learners and leaders, both within and outside the university. With distinguished academics as the university’s faculty members and programme instructors, the Academy of Continuing Education offers uniquely crafted programmes that are delivered innovatively, bringing together the best of the university’s rich intellectual resources.
The university aims to help students prepare for today as well as their future through its unique certification programme in data sciences and business analytics. The collaboration between the Academy of Continuing Education at Shiv Nadar Institution of Eminence and MachineHack hopes to strengthen the data science community in India and pave the way for innovation in business analytics.
