MABY4600 Digital Twin-Driven AI for Sustainable Building Design Course description

The market for financial derivatives is one of the biggest in the world. The most important derivative securities are forwards, futures, options, and swaps. Derivatives are central instruments for companies when they deal with risk. This subject focuses on how companies and other institutions can reduce risk by using derivatives contracts.

Language of instruction is English.

Students who have the subject ØABED3800 Derivatives in their bachelor's degree are not allowed to take this course.

None

After completing the course, the student is expected to have achieved the following learning outcomes defined in terms of knowledge, skills and general competence:

Knowledge:

The student:

• understands the application of digital twins, machine learning, and optimization techniques in sustainable building design.
• has advanced knowledge of building physics, climate impacts, and building materials to propose robust and innovative solutions.
• can evaluate climate adaptation solutions for building envelopes and components.
• has insight into the physical and thermal properties of building materials and their life cycle impacts.
• is knowledgeable about embodied and operational emissions from buildings and strategies to reduce them.
• understands the integration of sustainability principles and advanced tools to create environmentally sound building designs.

Skills:

The student is capable of:

• Applying digital twins and machine learning to predict energy performance and occupant comfort.
• using LCA and GA optimization to enhance design sustainability and efficiency.
• analyzing and justifying choices for materials and components based on building physics calculations and life-cycle assessments.
• designing comprehensive sustainable building envelopes with detailed descriptions of materials and components.
• interpreting simulation tool results to improve and optimize designs.
• assessing the condition and maintenance needs of materials and components in existing buildings.

General competence:

The student is capable of:

• keeping up with the latest advancements through scholarly research.
• collaborating effectively in teams to address complex design challenges.
• presenting findings and designs in a professional and scholarly manner through written reports.

The teaching will largely consist of digital and physical lectures, software demonstration and exercises. Students will also be given a major project assignment in which they are to design an sustainable building with regards to building physics, climate adaptation, energy efficiency and indoor environment as well as CO2 emissions.

Digital lectures will be recorded, and the material will be made available to students on CANVAS.

The following coursework requirements must have been approved in order for the student to take the exam:

• Coursework 1: Futures
• Coursework 2: Swaps
• Coursework 3: Options 1
• Coursework 4: Options 2
• Coursework 5: Futures, Swaps and Options

All of the coursework requirements are submissions of approximately 2-3 pages, written individually.

The goal of the assignments are to help the students reflect over own independent work on practical problems in valuing and trading derivatives contracts and to use valuation models such as Cost of carry for futures and Binominal and Black-Scholes for options independently.

All required coursework must be completed and approved by the given deadline in order for the student to take the exam. If one or more coursework requirements have not been approved, the student will be given one opportunity to submit an improved version by the given deadline.

The exam in the course is a supervised exam of 4 hours.

The following aids are permitted:

• Calculator (see regulations for the use of calculators in the programme description)
• One dictionary (either first language-English/English-first language or English/English)

Grade scale A-F

The exam papers are assessed by one internal and one external examiner.

At least 25% of the exam papers will be assessed by two examiners. The grades awarded for the papers assessed by two examiners form the basis for determining the level for all the exam papers.

ØABED3500 or ØABED4600 Investments