A hands-on course on how markets and instruments actually work — the time value of money, bonds and interest rates, stocks and trading, valuation, risk and portfolios, and derivatives. Built around figures you can manipulate, with real in-browser math. It starts from zero and ramps to genuinely advanced.
$1,000 invested, left to grow. Each bar is 10 years — watch the curve bend.
A real idea from Unit 1. Drag the return.
A price is just a number. A market is a machine for turning information into one.
Why is a bond worth what it's worth? What does a stock price actually claim? Why does diversification reduce risk for free, and what is an option really? This course answers those questions from first principles — and lets you turn the dials yourself until the answers feel obvious.
The time value of money — compounding, discounting, real vs. nominal rates — and the bond market it underpins: pricing, yield to maturity, the yield curve, and duration risk.
What a share is and how a trade really happens through the order book, then how to value a company: discounted cash flow, the dividend discount model, multiples, and honest sensitivity analysis.
Risk and return, diversification, the efficient frontier and the CAPM — then forwards, futures, and options: payoffs, strategies, Black–Scholes intuition, and the Greeks. Finishing with how markets really behave.
Every unit is live, with 75 interactive lessons across 8 units — each built around original figures you can manipulate, with real in-browser math.
You don't need any finance background, and you won't be asked to write code. If you can read a chart and move a slider, you can take this course. Comfort with high-school arithmetic is plenty — every formula is built up from an idea first, then made interactive.
Who it's for
No account, no install. Progress saves automatically in your browser, separate from your other courses.