Over the past few years, there has been an explosion of interest in the use of large datasets and new empirical techniques to make financial decisions of all kinds. In this elective we examine how the combination of large datasets, empirical techniques including machine learning, and insights from behavioural finance are helping in making more efficient financial decisions. Two areas in which progress has been especially rapid are credit analytics (predicting default in personal loans, mortgages, and firms), and asset management. This elective focuses on these specific markets, considering them from supply, demand, and regulatory perspectives. You will build empirical models to illustrate important concepts throughout the elective.