Artificial intelligence is reshaping every corner of the financial world, from investment strategies and credit risk management to financial modeling and regulatory structure. The latest generation of large language models (LLMs) and generative AI tools is accelerating that transformation, creating both unprecedented opportunities and new challenges for financial institutions, investors, and regulators alike.

This new in-person course, led by MIT Professor Andrew W. Lo, provides a practical, executive-level exploration of how AI and machine learning are reshaping the financial industry. Participants will gain a foundational understanding of AI’s evolution—from early machine learning to the current LLM era—before diving into real-world applications across the buy side, sell side, banking, insurance, and risk management sectors. Through interactive sessions, case studies, and guest lectures from leading practitioners and researchers, executives will examine the capabilities and limitations of today’s AI tools and consider how emerging innovations will forge the next generation of FinTech.

Upon successful completion of your course, you will earn a certificate of completion from the MIT Sloan School of Management. This course may also count toward MIT Sloan Executive Certificate requirements.

Participants of this program will:

• Understand how LLMs differ fundamentally from earlier generations of machine learning and AI, and what that means for financial services
• Identify high-impact AI applications across the buy side, sell side, banking, insurance, risk management, quantitative trading, retail investing, and wealth management
• Evaluate real-world case studies demonstrating how financial institutions are deploying AI today—and what successful implementations have in common
• Recognize the limitations, risks, and failure modes of AI systems, including ethical considerations, regulatory challenges, and emerging compliance expectations
• Anticipate the next wave of AI and FinTech innovation and assess how new tools and technologies may reshape products, markets, and organizational capabilities
• Build a strategic roadmap for responsible AI adoption, informed by conversations with leading practitioners, MIT researchers, and peers navigating similar transformations

This in-person, immersive program combines lectures, case discussions, and collaborative exercises with insights from both academic and industry experts. Participants will analyze cutting-edge FinTech applications, engage in hands-on exercises to explore AI-driven financial tools, and learn directly from the innovators developing these technologies. The experience also includes opportunities for networking and cross-sector dialogue among senior executives navigating similar transformations in finance, insurance, and adjacent industries.

Learn more about the in-person course experience.

This program is designed for senior executives and decision-makers in financial services, specifically in investment management, broker/dealers, risk management and insurance, and other related sectors. It is ideal for leaders responsible for developing or overseeing their firm’s AI and data strategy, as well as those seeking to understand how emerging technologies will reshape the competitive and regulatory landscape of the financial sector.