The second Data Science Summer School in Perast has been completed, and this year, in addition to the Faculty of Organizational Sciences and the Berlin School of Economics and Law, we also supported it. The summer school was held from 18th to 24th August for students from Belgrade and Berlin. International cooperation between FON and the Berlin School of Economics and Law has been ongoing for many years, based on joint projects in the field of dual education, the organization of summer schools and the exchange of students and teaching staff.

The theme of this year’s summer school was dedicated to data science and brought together open-minded students from the Faculty of Organizational Sciences from Belgrade and the Berlin School of Economics and Law. The participants had the opportunity to become familiar with basic and advanced concepts in this field, as well as with the planning and implementation of projects based on computer decision making. It is about applying machine learning algorithms to the data set provided by Saga. The workshops served to analyze and process the data and to extract all useful information from them, as well as to select the algorithm that best predicts the result.

The problem that the participants were solving was collecting end users for the bank’s customers. Specifically, the goal of the project was to create a predictive model that would determine which customers are more likely to open a current account and transfer earnings to that current account. In addition to creating a predictive model, participants had a task to explain who the clients were and why they were opening a checking account.

The participants of the summer “Data Science” school in Perast were accommodated in the monastery of St. Anthony, where they had every day filled with quality content. After breakfast and morning coffee, lectures were held by great lecturers from FOS, and after lunch they would work in teams to solve real data-based problems. In the evening sessions, they were able to enjoy a diverse educational, cultural and entertainment program, in a relaxed atmosphere. In addition to theoretical and practical knowledge, students from Germany and Serbia had the opportunity to get to know the sights of this part of Montenegro and the culture of Kotor Bay.

The buildings and garden of St. Anthony’s Monastery are from the 15th century, built at that time as the home and fortress of the Mazarovic family. During the 17th century (1679) it was transformed into a Monastery in which foreign monks could share knowledge in the field of maritime strategy, navigation and medicine.