FinAcademy · by Marcin Dec
Five levels and fifty-six lessons that you operate, not just read: every formula sits next to an interactive figure, every module ends in a timed test, and every lesson prints to a cheat sheet. Built from two decades of trading-floor practice and university teaching.
Access is by login. Your progress, test attempts and annotations follow your account.
Each level assumes the ones before it. Start anywhere you can pass the test.
Money and markets, time value of money, loan mathematics, NPV and IRR, money-market paper, bonds, FX, equities and CAPM.
Beginner 15 lessons
Statements and ratios, break-even, DCF valuation and WACC with the Damodaran toolkit, ratings, cash management.
Intermediate 8 lessons
Day-count conventions on real dates, deposits and FRAs, interest rate swaps leg by leg, cross-currency, the 2008 crisis and benchmark reform.
Intermediate 8 lessons
Bootstrapping, interpolation, Nelson-Siegel-Svensson, corporate credit spreads, CVA and collateral, multicurve pricing, PCA of the curve.
Advanced 15 lessons
Binomial trees, Brownian motion and Ito, Black-Scholes and the delta hedge, finite differences and Monte Carlo, the vol smile, exotics, VaR and the order book.
Expert 10 lessons
A linear path from a first savings account to pricing a barrier option. Nothing is used before it is built: forwards before swaps, discount factors before curves, Brownian motion before Black-Scholes.
Full lesson list visible after login.
Here is one control from Level 1, live on this page. Every lesson inside has figures like this one, plus scenario labs that replay 2008, the zero-rate decade and the 2022 hiking cycle.
Drag the rate. The violet curve is compound growth of $10,000 over 30 years, the dashed line is simple interest on the same rate. The gap between them is interest earning interest.
Twenty questions drawn from a bank, thirty minutes on the clock, instant marking, and a review that explains every miss and links back to the lesson that teaches it.
Every lesson prints to a one-page formula sheet. Every figure exports as a publication-ready PNG with your parameter settings, or as an Excel workbook with the underlying data.
Each lesson closes with the research that built it, from Markowitz and Merton to post-crisis multicurve papers. Every reference is DOI-verified. Nothing is hand-waved.
Log in to enter Level 1, or jump straight to the module test of any level you think you already know.
Enter the academy