Educational Finance Games

Options Strategies

Options Profit Analyzer

This is a options strategy game to enhance your skills in options trading.

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Binomial Option Pricing Simulation

This interactive tool demonstrates how option prices are calculated using the Cox-Ross-Rubinstein (CRR) binomial model. Enter the stock price, strike, interest rate, time, and volatility.

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Black-Scholes Option Pricing Simulation

This interactive tool breaks down the famous Black-Scholes formula used to price European-style options. Enter the stock price, strike, interest rate, time to maturity, and volatility.

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Binomial Option Pricing Calculation Demonstration

This interactive game teaches students how to price European call options using the binomial tree method. It shows stock and option price trees along with detailed step-by-step calculations for each node.

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Call and Put Options Game

Understand call and put options by simulating different market conditions.

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Level: Basic

Covered Call Strategy

Learn how to use covered calls to generate income from your stock holdings.

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Level: Basic

Protective Put Strategy

Protect your downside risk using protective puts while holding a stock position.

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Level: Intermediate

Bear Put Strategy

Explore the bear put spread strategy to profit from moderate stock price decreases.

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Level: Intermediate

Bull Call Strategy

Explore the bull call spread to benefit from stock price increases.

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Level: Intermediate

Straddle Strategy

Explore the long straddle options strategy to profit from volatility.

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Level: Advanced

Collar Strategy

Limit both your upside and downside risk using the collar options strategy.

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Level: Intermediate

Ratio Call Write Strategy

Generate additional income by selling more calls than stock owned, but beware of risks.

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Level: Advanced

Ratio Put Spread Strategy

Profit from moderate stock declines with a ratio put spread but watch out for sharp drops.

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Level: Advanced

Diagonal Spread Strategy

Combine different strike prices and expiration dates to profit from moderate stock movements.

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Level: Advanced

Iron Condor Strategy

Profit from low volatility using the iron condor options strategy.

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Level: Advanced

Butterfly Spread Strategy

Limit your risk while profiting from low volatility using a butterfly spread.

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Level: Advanced

Iron Butterfly Strategy

Maximize returns from minimal stock price movement using an iron butterfly spread.

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Level: Advanced

Options Strategies Explained Level 1

This game drops you into unpredictable real-world events — like tariffs, AI hype, or hurricanes — and challenges you to choose the best options strategy to protect or grow your portfolio.

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Options Strategies Explained Level 2

This game includes 15 real-life trading scenarios that teach when and why to use specific options strategies. From covered calls to straddles, each case helps you match the right tool to the market condition — whether it's stable, volatile, or crashing.

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Investment

Mutual Fund Selection Game

Select a Morningstar mutual fund based on your age and get personalized investment advice for educational purposes.

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Futures Trading Simulator - 20X

Step into the world of futures trading with 20x leverage! This interactive simulation lets you buy or short NOK futures, manage a leveraged margin account, and experience market fluctuations in real-time. Track your PnL (Profit & Loss), navigate margin calls, and make strategic decisions before the contract expires. With 20x leverage, small market moves can lead to big gains—or big losses. Can you master the risk?

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Futures Trading Simulator - 125X

Experience the high-risk, high-reward world of futures trading with 125x leverage! In this interactive simulation, you can buy or short NOK futures, manage a highly leveraged margin account, and navigate extreme market fluctuations. Track your PnL (Profit & Loss), handle rapid margin calls, and make strategic decisions before your contract expires. With 125x leverage, every move counts—can you survive the volatility?

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Forward Contract Trading Simulator

The Forward Contract Trading Game simulates trading NOK/USD forward contracts with Deutsche Bank as the market maker. Players can enter a long (buy) or short (sell) position at a predetermined forward rate. After 30 days, the contract settles at a randomly generated market rate, determining the profit or loss (PnL) based on the price movement.

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Order Type Game

Learn how different order types affect your profits and losses, displayed on a dynamic bar.

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Order Type Exercise

Practice different order types using an interactive Excel-based exercise.

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Short Selling Game

Test your skills in short selling and understand the risks and rewards involved.

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Stock Market Investment Game

Make investment decisions and balance risk with reward in the stock market.

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Diversification Among 20 Stocks

Pick 5 stocks out of 20 to diversify your portfolio and learn how diversification reduces risk.

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Add Stocks to See Risk Drop

Add stocks one after another to see how risk drops and why diversification matters.

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Two-Stock Portfolio Risk-Return Visualization

Visualize the impact of diversification with just two stocks. See how correlation affects portfolio risk and return, and understand why combining different assets can help manage volatility.

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Three-Stock Portfolio Efficient Frontier

Take your portfolio beyond two stocks. Explore how adding a third stock changes the risk-return profile and enhances diversification, helping you build a more balanced investment strategy..

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Four-Stock Portfolio Efficient Frontier

Discover how a four-stock portfolio improves diversification. Adjust stock weights and correlations to see how different combinations impact portfolio efficiency.

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Five-Stock Portfolio Efficient Frontier

Five stocks, endless possibilities. Test different allocations, analyze risk reduction, and understand how correlation drives portfolio performance.

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Six-Stock Portfolio Efficient Frontier

Build a six-stock portfolio and see how diversification works at a larger scale. Learn how balancing assets with low correlation improves stability and reduces risk.

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Seven-Stock Portfolio Efficient Frontier

A seven-stock portfolio gives more room for optimization. Experiment with different stock mixes to find the most efficient balance between risk and return.

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Eight-Stock Portfolio Efficient Frontier

Optimize an eight-stock portfolio by adjusting weights and correlations. Gain deeper insights into constructing an efficient portfolio that maximizes returns while controlling risk.

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Efficient Frontier Visualization

By uploading a CSV file containing stock price data for eight stocks over a five-year period, the tool calculates expected returns, risk (volatility), and the efficient frontier using Monte Carlo simulations.

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Stock Return Estimator

Learn how to calculate stock returns using CAPM, Fama-French 3-Factor (FF3), and 5-Factor (FF5) models in an interactive way! Choose a stock type, enter market data, and see how different factors impact expected returns. Perfect for finance students and investors looking to understand risk and return dynamics.

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ETS

Stock Market Investment Review

Make investment decisions and balance risk with reward in the stock market.

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Capital Budgeting & WACC Educational Review

Learn how capital budgeting and WACC decisions affect company profitability.

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Financial Statement Analysis Educational Review

Test your ability to interpret and analyze financial statements to make sound investment decisions.

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Bond Review

Understand how bond prices react to interest rate changes and how to make investment decisions.

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International Finance Review

Dive into global financial concepts and learn how exchange rates, trade balances, and interest rate dynamics impact international markets.

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Money and Banking Review

Enhance your understanding of money and banking systems, including topics like monetary policy, the role of central banks, fractional reserve banking, and the relationship between money supply and interest rates.

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Money & Banking

Money Supply

Understand how changes in money supply impact the economy.

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Fractional Reserve Banking Simulation

Learn how money is created through fractional reserve banking.

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Money & Interest Rate

Explore the relationship between money supply and interest rates.

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Chair the Fed

Step into the shoes of the Federal Reserve Chair and set interest rates.

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Bank Operation Contest

Compete with others to see who can manage bank operations most effectively.

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Bank Balance Sheet

Learn how to manage a bank's balance sheet and ensure financial stability.

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SVB Failure Simulation

Explore the reasons behind the collapse of Silicon Valley Bank in this interactive game.

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Bank Regulation Game

Test your knowledge of banking regulation and its impact on financial stability.

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Money and Banking Review

Enhance your understanding of money and banking systems, including topics like monetary policy, the role of central banks, fractional reserve banking, and the relationship between money supply and interest rates. Learn through interactive scenarios designed to simulate real-world financial environments.

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Corporate Finance

Capital Budgeting & WACC Educational Game

Learn how capital budgeting and WACC decisions affect company profitability.

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Financial Statement Analysis Educational Game

Test your ability to interpret and analyze financial statements to make sound investment decisions.

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Time Value of Money Escape Room

The Time Value of Money Escape Room is an interactive learning experience designed to make mastering financial concepts fun and engaging.

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Bond CFO Game – Step-by-Step for Beginners

This interactive game lets you become a CFO and learn how bonds work through simple choices. You’ll decide how to raise money, pick between short- or long-term bonds, and understand key concepts like coupons, yield to maturity, bond prices, and the role of the Federal Reserve. A beginner-friendly way to explore real-world bond decisions step by step.

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Bond CFO Decision Game

Step into the shoes of a CFO navigating a cash flow crisis! Your company urgently needs to raise $10 million to fund a critical projec

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Bond Yield Breakdown Game

Learn to calculate bond yields by breaking them into key components like real rate, inflation premium, and maturity premium. This interactive game helps you compare Treasury and Corporate bonds while simplifying complex concepts.

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Rating Agency Game

Explore the role of rating agencies and the conflicts of interest in bond ratings.

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Yield Curve Game

Learn how to create and interpret yield curves based on different interest rates and predict economic trends.

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Interest Rate Explorer Game

The game provides instant feedback on what should be in each category, making it a fun and engaging way to explore the fundamentals of interest rate breakdowns.

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DCF Monte Carlo Simuation Game

This is a simple DCF simulation game designed to learn how to estimate cash flows over a 4-year project, calculate key metrics like NPV and IRR, and understand investment decision-making. It includes a Monte Carlo simulation to demonstrate how changing the discount rate (WACC) affects project value, using random sampling just like Excel’s NORMINV function.

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Interactive Capital Budgeting Learning Simulator

Test your investment decision-making with this interactive lemonade stand simulation. Learn how to evaluate a project using NPV, IRR, and Payback Period, and see how changing inputs like WACC or cash flows impacts profitability and risk.

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Interactive WACC Leraning Simulator

Explore capital budgeting with our interactive WACC simulator—input equity, debt, preferred stock, flotation costs, and bond terms to see how financing choices affect the weighted average cost of capital. Great for learning how structure, taxes, and compounding influence real-world project decisions.

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Interactive DCF Project Simulator

This interactive web tool lets you simulate a full discounted cash flow (DCF) analysis for a small business investment. You'll input values like equipment cost, sales, operating expenses, and more—then instantly see calculated outputs like depreciation, operating income, after-tax cash flow, and terminal value. It automatically computes NPV, IRR, and Payback Period, and even includes a Monte Carlo simulation to show how changes in WACC and tax rate impact your results.

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WACC Game

This game helps you understand how companies calculate their Weighted Average Cost of Capital (WACC). By adjusting Debt, Equity, Tax Rate, and Interest Rates, you can see how these factors influence the overall financing cost. Experiment with different values to learn how businesses optimize their capital structure.

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Dividend Policy Game: Nvidia Edition

This game helps you understand how companies calculate their Weighted Average Cost of Capital (WACC). By adjusting Debt, Equity, Tax Rate, and Interest Rates, you can see how these factors influence the overall financing cost. Experiment with different values to learn how businesses optimize their capital structure.

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Dividend Policy Game: What's the Best Fit?

In this interactive game, students are presented with real companies and must choose which dividend theory best explains each company’s dividend behavior.

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Hostile Takeover Defense Game

Step into the role of Nvidia’s CFO and explore key dividend policy choices—from high payouts to share repurchases. Understand how each strategy impacts management priorities and shareholder expectations. Learn real-world outcomes and test your knowledge through interactive scenarios and historical dividend strategy comparisons across major companies.

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Fintech

Crypto Wallet Adventure: Keymaster Challenge

Master the use of public and private keys, and secure your crypto wallet!

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Bitcoin Mining Simulator

Simulate the Bitcoin mining process and learn how blockchain works.

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Bitcoin Supply Simulation

Explore how Bitcoin's supply grows over time and understand the halving mechanism.

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International Finance

International Finance Review

Dive into global financial concepts and learn how exchange rates, trade balances, and interest rate dynamics impact international markets.

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Futures Trading Simulator

Dive into the world of futures trading with this interactive simulation! In this game, you can buy or short NOK futures, manage a margin account, and experience realistic market fluctuations. Track your PnL (Profit & Loss), handle margin calls, and make strategic decisions before the contract expires.

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Forward Contract Trading Simulator

The Forward Contract Trading Game simulates trading NOK/USD forward contracts with Deutsche Bank as the market maker. Players can enter a long (buy) or short (sell) position at a predetermined forward rate. After 30 days, the contract settles at a randomly generated market rate, determining the profit or loss (PnL) based on the price movement.

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IRP, PPP, IFE Explained

Test how exchange rates react to interest rates and inflation! This tool compares three major global finance theories — Interest Rate Parity, International Fisher Effect, and Purchasing Power Parity — using real data. Enter your own rates and see how each theory predicts currency movement.

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Impossible Trinity Game

A simple app that helps users understand the Impossible Trinity (exchange rate stability, monetary policy independence, and capital mobility) by selecting two factors and seeing the trade-off.

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Currency Jigsaw Game

The Currency Jigsaw Game is an interactive and educational game that helps users understand how different factors influence the strength or weakness of the US Dollar.

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Trade Strategist USA Game

The Trade Strategist USA Game is an interactive web-based game where players make strategic trade decisions for the USA.

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Capital vs. Current Account Adventure

This interactive game helps you master the differences between two key economic concepts: the Capital Account and the Current Account.

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Russia Ukrain War Discussion March 2025

This is an interactive learning tool where students can click on a country to explore its involvement in the ongoing conflict. The game is designed to incorporate countries where students are from, making it more engaging and relevant to their perspectives.

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Tariff Policy Announcement by President Trump - April 15, 2025

This interactive simulation helps students explore the economic, political, and social consequences of the U.S. tariff policy announced by President Trump on April 2, 2025.

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Gold Standard vs. Bretton Woods System vs. Current System

This is an interactive and engaging game designed to take players through key moments in the history of global monetary systems.

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PPP Showdown: Big Mac Edition

This interactive game helps students understand Purchasing Power Parity (PPP) using the Big Mac Index. Players compare actual exchange rates with implied PPP rates calculated from local Big Mac prices.

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Global Arbitrage: Bitcoin Edition

Step into the shoes of a global crypto trader in the Bitcoin Arbitrage Game, where your mission is to spot price gaps and exploit them for profit! Buy low in one country, sell high in another — from Korea’s Kimchi Premium to Nigeria’s P2P markets. Each round drops you into a real historical arbitrage scenario.

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Currency Hedge Simulator: Importing Salmon from Norway

This interactive game teaches how U.S. importers manage currency risk when paying foreign suppliers, like buying salmon from Norway. Students explore real hedging tools—forward contracts, call options, and money market hedges—to protect against exchange rate losses.

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Currency Hedge Simulator: Exporting Bikes to Norway

This game helps students understand how U.S. exporters manage currency risk when receiving foreign payments—like selling bikes to Norway. Players use forward contracts, put options, and money market hedges to protect their USD revenue from exchange rate fluctuations.

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Swap Smart: The SalmonCo & SeaFoods Interest Rate Swap Challenge

In this interactive game, you'll take on the role of two real-world companies — SalmonCo AS in Norway and SeaFoods Inc. in the United States — as they face mismatched currency and interest rate exposures.

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Debt by Design: How Swaps Helped Greece Enter the Eurozone

In the early 2000s, Greece faced strict financial requirements to join the Eurozone — but its real debt and deficit were too high. Enter Goldman Sachs: through a series of currency and interest rate swaps, Greece was able to make its debt look lower on paper — just enough to meet EU entry rules.

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