Search 1777 finance games, levels & terms

🪑 Jobs 17

What each chair actually does — and the simulation that lets you try it.

Your Own Money job The one job on this list nobody applies for and nobody can decline — running your own finances, with no analyst, no committee and no second opinion. Private Investor job Managing your own capital in public markets, where the research is free, the fees are near zero, and the only remaining adversary is the person making the decisions. Trader job Taking, pricing and hedging risk for a firm's own account — where being right about direction matters far less than surviving the path. Market Maker job Showing a price to buy and a price to sell, continuously, to people who are only ever trading with you because your price suited them. Strategist job Working out what the other side will do — in a negotiation, an auction or a market — and choosing accordingly, knowing they are doing the same to you. Structurer job Assembling investment products out of a bond and some options — and deciding which client should own which shape. Hedge Fund CEO job Deciding how much risk each portfolio manager gets and how big the fund is allowed to be — two levers that everything else is downstream of. Chief Risk Officer job Owning the question of how much the firm could lose — and being the only person in the building whose job is to be unpopular before the loss rather than after it. Chief Financial Officer job Deciding which of the company's competing futures actually gets funded, and how that funding is raised without mortgaging the firm to its lenders. Central Banker job Setting the price of money for an entire country, with instruments that work slowly, data that arrives late, and no way to test the counterfactual. President job Running a country's finances: deciding what the state does, who pays for it, and how much of the bill gets handed to whoever governs in ten years. Crisis Committee Chair job The seat somebody occupies for a handful of weekends a century: deciding, in hours, which institutions the financial system is allowed to lose. Investment Analyst job The apprenticeship the whole industry runs on: valuing things properly, across every asset class, and learning where the ethical lines are before anyone is watching. Data Journalist job Standing between a striking statistic and several million readers, and being the only person in the chain paid to ask whether it is true. Expert Witness job Explaining to a court what a regression does and does not prove — while the other side's expert, with the same data, testifies to the opposite. Flight Director job The seat where quantitative work stops being an exercise: compute the number, commit to it, and find out whether it was right. Quant developer job Turning research into something that runs — correctly, fast enough, and the same way twice.

🎮 Live Simulations 18

Take the chair: play the role, make the calls, live with them.

The Weekend simulation Chair of the emergency committee · None The Structurer simulation Structured products structurer · None The President simulation President — head of government · None The Fund simulation Hedge fund CEO · None The First Year simulation Yourself, one year out of school · Money Basics The Newsroom simulation Data editor on the news desk · Stat Dojo Mission Control simulation Flight director · Math Masters The Policy Chair simulation Chair of the central bank · Macro & Markets The CFO's Chair simulation Chief Financial Officer · Capital Quarters The Pit simulation Options book runner · Hull Street Your Own Worst Enemy simulation An investor with your own brain · Mind Over Markets The Quote simulation Market maker · Order Flow The Hot Path simulation Quant developer · Runtime Row The Opponent simulation Strategist · Game Table The Desk simulation Head of a derivatives desk · Quant Quest Rotation Day simulation First-year analyst on rotation · Charter Climb The Expert Witness simulation Expert witness on the stand · Regression Range The War Room simulation Chief Risk Officer · Risk Arena

💸 Money Basics 6

The everyday money skills nobody taught you, made playable.

Where Does Your Money Go? Money comes in, money goes out. The game is knowing where. Pay Yourself First Savings isn't what's left over — it's the first bill you pay. Interest: Money That Makes Money Leave money alone in the right place, and it grows on its own. Debt: Interest Working Against You The same compounding magic — pointed at your wallet. Stocks & Bonds, Finally Explained Owning a slice of a company vs lending it your money. The Paycheck Exam World 1 Exam — everything from budget to bonds.

🥋 Stat Dojo 29

Learn to read the world in data — averages, chance, the bell curve, and the leap from a sample to the truth.

Variables & Distributions Variables & Distributions Histograms & the Density Scale Histograms & the Density Scale The Average & the Median The Average & the Median The Standard Deviation The Standard Deviation Describing Data Exam World 1 Exam — Describing Data What Is Chance? What Is Chance? Adding & Multiplying Chances Adding & Multiplying Chances Conditional Probability Conditional Probability The Box Model: Expected Value & SE The Box Model: Expected Value & SE Chance Exam World 2 Exam — Chance Standard Units Standard Units The Normal Curve & the 68-95-99.7 Rule The Normal Curve & the 68-95-99.7 Rule Percentiles & the Normal Table Percentiles & the Normal Table The Normal Approximation for Chances The Normal Approximation for Chances Normal Curve Exam World 3 Exam — The Normal Curve Scatter Diagrams & Association Scatter Diagrams & Association The Correlation Coefficient The Correlation Coefficient The Regression Line The Regression Line Prediction & RMS Error Prediction & RMS Error Correlation & Regression Exam World 4 Exam — Correlation & Regression Samples, Populations & Bias Samples, Populations & Bias The Central Limit Theorem & Standard Error The Central Limit Theorem & Standard Error Confidence Intervals Confidence Intervals Tests of Significance Tests of Significance The Chi-Square Test The Chi-Square Test The Black Belt Exam The Black Belt Exam — Sampling & Inference Boxplots, Quartiles & Outliers deep dive Boxplots, Quartiles & Outliers Correlation Is Not Causation deep dive Correlation Is Not Causation Simpson's Paradox deep dive Simpson's Paradox

📐 Math Masters 21

Master the math that powers every finance formula — one picture at a time.

Exponential Growth & Compounding Exponential Growth & Compounding Logarithms & Log Returns Logarithms & Log Returns Geometric Series & the Perpetuity Geometric Series & the Perpetuity Growth & Decay Exam Growth & Decay Exam Derivatives: The Slope of Everything Derivatives: The Slope of Everything Partial Derivatives & the Greeks Partial Derivatives & the Greeks Taylor Series: Duration & Convexity Taylor Series: Duration & Convexity Integrals: Area, Probability, Expectation Integrals: Area, Probability, Expectation The Calculus of Change Exam The Calculus of Change Exam Probability & Random Variables Probability & Random Variables The Normal & Lognormal Distributions The Normal & Lognormal Distributions Expected Value & Variance Expected Value & Variance Covariance, Correlation & Beta Covariance, Correlation & Beta The Mathematics of Uncertainty Exam The Mathematics of Uncertainty Exam Vectors & the Portfolio Vectors & the Portfolio Matrices & Portfolio Variance Matrices & Portfolio Variance Brownian Motion & Itō's Lemma Brownian Motion & Itō's Lemma The Master's Final The Master's Final Why e? The Limit of Compounding deep dive Deep Dive · Why e? The Limit of Compounding The Chain Rule, Visually deep dive Deep Dive · The Chain Rule, Visually The Central Limit Theorem deep dive Deep Dive · The Central Limit Theorem

🌍 Macro & Markets 31

Run the economic machine — output, inflation, growth and the policy levers that move them.

GDP: The Size of the Economy GDP: The Size of the Economy Unemployment: Counting the Idle Unemployment: Counting the Idle Inflation: The Price of Everything Inflation: The Price of Everything Dashboard Briefing Dashboard Briefing The Goods Market & the Multiplier The Goods Market & the Multiplier Money & the Interest Rate Money & the Interest Rate IS-LM: The Machine Assembled IS-LM: The Machine Assembled Banks, Risk & the Extended IS-LM Banks, Risk & the Extended IS-LM Short-Run Briefing Short-Run Briefing The Labor Market & the Natural Rate The Labor Market & the Natural Rate The Phillips Curve The Phillips Curve IS-LM-PC: The Road Back to Normal IS-LM-PC: The Road Back to Normal Medium-Run Briefing Medium-Run Briefing The Facts of Growth The Facts of Growth Saving, Capital & the Solow Model Saving, Capital & the Solow Model Technological Progress & Growth Technological Progress & Growth Long-Run Briefing Long-Run Briefing Openness & Interest Parity Openness & Interest Parity The Open Goods Market The Open Goods Market Mundell–Fleming: Policy Goes Global Mundell–Fleming: Policy Goes Global Exchange Rate Regimes Exchange Rate Regimes Open-Economy Briefing Open-Economy Briefing Expectations: The Economy Looks Ahead Expectations: The Economy Looks Ahead Fiscal Policy & the Government Debt Fiscal Policy & the Government Debt Monetary Policy: Rules, Targets & the ZLB Monetary Policy: Rules, Targets & the ZLB Crises: When the Machine Breaks Crises: When the Machine Breaks The Chief Economist's Final The Chief Economist's Final A Short History of Macro Thought deep dive A Short History of Macro Thought How Money Is Created deep dive How Money Is Created The Golden Rule of Saving deep dive The Golden Rule of Saving Hyperinflation: When Money Dies deep dive Hyperinflation: When Money Dies

🏢 Capital Quarters 28

How firms decide what to build, how to pay for it, and what to do with the cash — the manager's toolkit for turning money into value.

The Time Value of Money The Time Value of Money Net Present Value Net Present Value IRR & Payback IRR & Payback Annuities & Perpetuities Annuities & Perpetuities Capital Budgeting: Project Cash Flows Capital Budgeting: Project Cash Flows Value & Time Exam Value & Time Exam Valuing Bonds Valuing Bonds Yields & Interest-Rate Risk Yields & Interest-Rate Risk Valuing Stocks: The Dividend Discount Model Valuing Stocks: The Dividend Discount Model Growth, Payout & Free Cash Flow Growth, Payout & Free Cash Flow Valuing Cash Flows Exam Valuing Cash Flows Exam Risk, Return & the Historical Record Risk, Return & the Historical Record Diversification & Portfolio Risk Diversification & Portfolio Risk Beta & the CAPM Beta & the CAPM The Cost of Equity & the SML The Cost of Equity & the SML Risk & Return Exam Risk & Return Exam The Cost of Capital & WACC The Cost of Capital & WACC Capital Structure & Leverage Capital Structure & Leverage Modigliani–Miller Propositions Modigliani–Miller Propositions Taxes, Distress & the Trade-off Taxes, Distress & the Trade-off Financing Exam Financing Exam Payout Policy: Dividends vs Repurchases Payout Policy: Dividends vs Repurchases The Payout Irrelevance Debate The Payout Irrelevance Debate Working Capital & the Cash Cycle Working Capital & the Cash Cycle The Corporate Finance Capstone The Corporate Finance Capstone IRR vs NPV: The Reinvestment Trap & MIRR deep dive IRR vs NPV: The Reinvestment Trap & MIRR Beyond CAPM: Multifactor Models deep dive Beyond CAPM: Multifactor Models APV: Valuing the Tax Shield Separately deep dive APV: Valuing the Tax Shield Separately

🏛️ Hull Street 25

Your entry point into futures, options and derivatives markets.

Futures Markets: A First Look Agree the price today, settle the trade later. Margin, Settlement & Mechanics How the exchange makes strangers trade safely. Hedging with Futures Lock in a price you'll face later. Interest Rates, Essentials Money has a time value — and quants measure it in e. Pricing Forwards & Futures No-arbitrage alone fixes the fair forward price. Interest Rate Futures Futures whose underlier is an interest rate. Swaps Swap one stream of payments for another. The Floor Exam Prove you can stand on the exchange floor. How Options Work The right, but not the obligation. Put–Call Parity & Bounds The unbreakable link between calls, puts, cash and stock. Trading Strategies with Options Combine options into a shape that matches your view. The Binomial Tree Price an option by building a tiny model of the future. Black–Scholes at a Glance The most famous formula in finance, demystified. The Greeks The dials that tell you how an option's price will move. Volatility & the Smile The one input you can't look up — and the shape it makes. The Options Desk Exam Earn your seat on the options desk. Options on Futures & Black's Model Black–Scholes, re-pointed at a futures price. Exotic Options Options with a twist — and a path. Credit Derivatives & 2008 Trading the risk that someone doesn't pay you back. Structured Products in Practice Bond + options, wrapped and sold as one product. The Risk Manager's Final One exam to prove you've earned the desk. Put–Call Parity, Derived deep dive Build the arbitrage table that proves parity. Why Black–Scholes Works deep dive The idea behind the formula, without the heavy calculus. The Greeks, in Full deep dive Every sensitivity, one by one. Anatomy of an Autocallable deep dive Take the best-selling retail structure apart, piece by piece.

🧠 Mind Over Markets 27

The mind is a machine for jumping to conclusions. Learn the biases that quietly wreck portfolios — including your own — and how to think around them.

The Two Systems The Two Systems Substitution & the Lazy Controller Substitution & the Lazy Controller The Availability Heuristic The Availability Heuristic Representativeness & Base Rates Representativeness & Base Rates Anchoring & Adjustment Anchoring & Adjustment Two Systems Exam Two Systems Exam Value, Not Wealth Value, Not Wealth Loss Aversion & the Endowment Effect Loss Aversion & the Endowment Effect Framing Framing Probability Weighting & the Fourfold Pattern Probability Weighting & the Fourfold Pattern The Sunk-Cost Fallacy The Sunk-Cost Fallacy Prospect Theory Exam Prospect Theory Exam Overconfidence & Calibration Overconfidence & Calibration Hindsight & Confirmation Hindsight & Confirmation Mental Accounting Mental Accounting Herding & Social Proof Herding & Social Proof The Disposition Effect The Disposition Effect Biases in the Wild Exam Biases in the Wild Exam Are Markets Efficient? Are Markets Efficient? Bubbles & Irrational Exuberance Bubbles & Irrational Exuberance Limits to Arbitrage Limits to Arbitrage Nudges & Choice Architecture Nudges & Choice Architecture Debiasing Yourself Debiasing Yourself Final Boss: Diagnose the Bias Final Boss: Diagnose the Bias The Anchoring Playground deep dive The Anchoring Playground The Behavior Gap deep dive The Behavior Gap Fama vs Shiller deep dive Fama vs Shiller

📖 Order Flow 27

Where the price actually comes from. Read the book, understand who is on the other side, and learn why getting filled is usually bad news.

A Market Is a Book A Market Is a Book Limit Orders & Market Orders Limit Orders & Market Orders Depth, the Touch & the Spread Depth, the Touch & the Spread Price–Time Priority & Queue Position Price–Time Priority & Queue Position The Life of an Order The Life of an Order The Book Open The Book Open The Market Maker's P&L The Market Maker's P&L Adverse Selection Adverse Selection The Glosten–Milgrom Spread The Glosten–Milgrom Spread Inventory Risk Inventory Risk Decomposing the Spread Decomposing the Spread The Spread Open The Spread Open Kyle's Lambda & Price Impact Kyle's Lambda & Price Impact Order Flow Imbalance Order Flow Imbalance Toxic Flow & VPIN Toxic Flow & VPIN Classifying Trades Classifying Trades Hidden Liquidity Hidden Liquidity The Flow Open The Flow Open Latency & the Queue Race Latency & the Queue Race Implementation Shortfall Implementation Shortfall The Square-Root Law The Square-Root Law VWAP, TWAP & Participation VWAP, TWAP & Participation Almgren–Chriss: Impact vs Risk Almgren–Chriss: Impact vs Risk The Final Open The Final Open Tick Size & the Make-Take Debate deep dive Tick Size & the Make-Take Debate Anatomy of the Flash Crash deep dive Anatomy of the Flash Crash The Closing Auction deep dive The Closing Auction

Every model you write has to run. Runtime Row is the computer science a quant is actually asked about — what code costs, which structure makes the operation you repeat cheap, the five algorithm patterns that keep coming back, and the floating-point care that keeps a result true.

What a Line of Code Costs What a Line of Code Costs Big-O and Its Relatives Big-O and Its Relatives The Complexity Zoo The Complexity Zoo Worst, Average and Amortised Worst, Average and Amortised The Memory Hierarchy The Memory Hierarchy The Cost Audit World 1 Review Arrays and the Cost of Growing Arrays and the Cost of Growing Hash Maps Hash Maps Heaps and Priority Queues Heaps and Priority Queues Balanced Trees and Ordered Containers Balanced Trees and Ordered Containers Designing a Limit Order Book Designing a Limit Order Book The Design Review World 2 Review Sorting, and When Not To Sorting, and When Not To Binary Search Over the Answer Binary Search Over the Answer One Pass: Two Pointers and Windows One Pass: Two Pointers and Windows Divide and Conquer Divide and Conquer Dynamic Programming Dynamic Programming The Screen World 3 Review What a Double Actually Is What a Double Actually Is Summation and Cancellation Summation and Cancellation Vectorising, and When Not To Vectorising, and When Not To The Semantics That Bite The Semantics That Bite Concurrency and One Cache Line Concurrency and One Cache Line The Numerics Review World 4 Review Graphs, and How to Hold One Graphs, and How to Hold One Shortest Paths and the Arbitrage in Them Shortest Paths and the Arbitrage in Them Order of Operations Order of Operations Connectivity and Union-Find Connectivity and Union-Find Range Queries, and the Trie Range Queries, and the Trie The Final Review The Final Review Reading a Profiler deep dive Deep Dive · Reading a Profiler Bit Tricks and Packed Orders deep dive Deep Dive · Bit Tricks and Packed Orders Randomness You Can Reproduce deep dive Deep Dive · Randomness You Can Reproduce Where the Graph Is Hiding deep dive Deep Dive · Where the Graph Is Hiding

♟️ Game Table 27

Every price has someone on the other side of it who is also thinking. Learn to reason about them — equilibria, credible threats, auctions, and the rules that decide who wins before anyone bids.