System and method for predicting and scoring a data model

System and method for predicting and scoring a data model are provided. The system includes a memory configured to receive a plurality of data sets. The system also includes a processing subsystem operatively coupled to the memory and configured to select one or more variables based on a plurality of parameters, to apply feature engineering and transformation on one or more variables to extract a plurality of features from the plurality of data sets, to build new data model based on the plurality of features, to evaluate a classification technique to select a right machine learning model based on a plurality of elements, to predict a newly built data model based on an evaluated classification technique and score the predicted data model. The system further includes a display model operatively coupled to the processing subsystem and configured to present the predicted and scored data model in one or more forms.