Finance and Risk

Risk management from the ground up: short lessons with worked examples, quick checks and links into the live tools. The course is in development, so this page is also where new lessons are tested before release.

Lessons on the site

Lab Tests

Math Atoms

Level 1: Foundations of Finance

Markets, instruments and the maths of money, for people starting out in risk.

Module 1.1

How financial markets work

See how markets connect savers and borrowers, where trading happens, who trades, and how prices, liquidity and crises arise.

Module 1.2

Financial institutions

Learn how banks, insurers, asset managers, pension funds and market utilities make money and where their risks sit, and who regulates them.

Module 1.3

Time value of money and interest rates

Move money through time: compounding, discounting, annuities, rate conventions, inflation and the yield curve.

Module 1.4

Bonds and fixed income

Describe the main types of bond, price one, read its yield, and measure how much its price moves when rates change.

Module 1.5

Equities

Understand what a share is, how companies issue and value them, how indices work, and how equity returns and short selling behave.

Module 1.6

FX, commodities and money markets

Read FX quotes, price an FX forward, and see how money markets, repo, benchmark rates and commodities work.

Module 1.7

Derivatives

Learn what forwards, futures, swaps, options and credit default swaps do, how they are priced at a first level, and what went wrong when they failed.

Module 1.8

Reading financial statements

Read the accounts of a company, a bank and an insurer, and calculate the ratios risk managers use.

Fusion Exam · Level 1

Everything in the level, combined →

About 40 questions across all eight modules, with a score for each module and a link back to the lesson for every question you miss.

Math Atoms

Short, self-contained maths lessons. Each Core Path lesson links to the ones it needs, so you can brush up exactly when you need to.

M-A

Algebra and functions

M-B

Calculus

M-C

Probability

M-C02Expectation

Origins: every source behind the course →

Live: published. Preview: interactive version on the site, under review. Drafted: text written, page not built yet. Planned: outlined only. Lessons are for education and are not investment advice.