paper
Emerging Frontiers: Exploring the Impact of Generative AI Platforms on University Quantitative Finance Examinations
Rama K. Malladi
Emerging Frontiers: Exploring the Impact of Generative AI Platforms on University Quantitative Finance Examinations
Rama K. Malladi
paper2023-08-15English
quantitative financearxiv
Description
This study evaluated three Artificial Intelligence (AI) large language model (LLM) enabled platforms - ChatGPT, BARD, and Bing AI - to answer an undergraduate finance exam with 20 quantitative questions across various difficulty levels. ChatGPT scored 30 percent, outperforming Bing AI, which scored 20 percent, while Bard lagged behind with a score of 15 percent. These models faced common challenges, such as inaccurate computations and formula selection. While they are currently insufficient for ...
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