Understanding Inflation, CPI & WPI in India
Inflation at a Glance, followed by a question-and-answer learning guide: Indian CPI and WPI calculations, two years of monthly data, graphs, base effects and practical financial insights.
How to Analyse a Bank’s Performance
A beginner-friendly question-and-answer guide to NII, NIM, NPAs, provision coverage, CASA, CRAR, ROE and price-to-book — every term explained, with HDFC Bank, ICICI Bank and Axis Bank’s Q2 FY27 results as the case study.
Basel I, II & III — Pillars, Risk Approaches & FRTB
A colourful Basel at a Glance, the three pillars, credit/market/operational risk approaches and FRTB. Follow illustrated examples, capital buffers and interactive capital and output-floor labs.
Specialised Investment Funds (SIF)
Understand the ₹10 lakh entry threshold, portfolio combinations, redemptions, costs and taxation. Includes three worked investor cases, colourful illustrations, regulatory sources and the Value Research screener.
Portfolio Management Services (PMS)
How a PMS works in India: the ₹50 lakh entry, discretionary vs non-discretionary, fees and the high-water mark, tax on every trade, exits, and SEBI’s 2026 overhaul including the new ₹25 lakh PRIM route. Three worked cases and 12 FAQs.
Fed Rate Hikes & Treasury Yields
Does a Fed hike automatically raise 10-year and 30-year yields? Understand rate expectations, term premiums and the yield curve, with practical implications for borrowers and investors.
The RBI Toolkit: Repo, SDF, MSF, CRR, SLR, VRR & VRRR
How the RBI sets the price of money and manages liquidity: every policy tool explained with current rates (repo 5.50%), diagrams, worked examples, the 2026 liquidity case study and an EMI calculator walk-through.
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Copulas & Tail Dependence
Why correlation fails in a crisis, and how copulas model joint crashes and joint defaults. 20 sections, worked examples, and a graph for every concept — Gaussian vs Student-t, the five copula families, VaR & Expected Shortfall. Interactive, with PDF export.
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Value-at-Risk & Expected Shortfall
The history of VaR, historical simulation, parametric and Monte Carlo methods, the coherence problem, and why Expected Shortfall became the Basel internal-model measure. Interactive distribution, convergence, comparison and backtesting labs.
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GARCH & Volatility Modelling
A strong foundation in volatility and its market characteristics, followed by ARCH, GARCH(1,1), EWMA and asymmetric GJR-GARCH. Includes persistence, stationarity, shock half-life and an interactive risk-forecasting lab.
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Black–Scholes Option Pricing
European call and put valuation from spot, strike, maturity, rates, dividends and volatility. Covers moneyness, assumptions, put–call parity, Greeks, model limitations and an interactive option pricer.
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Binomial Option Pricing Model
Build recombining price trees, derive risk-neutral probability and work backward from terminal payoffs. Covers European and American exercise, CRR factors, convergence to Black–Scholes and an interactive two-step pricer.
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Heston Stochastic Volatility Model
Option pricing when volatility itself is random. The Heston model's mean-reverting variance process, its semi-closed-form solution via the characteristic function, the volatility smile it reproduces, and calibration to market option prices — where Black-Scholes falls short.
Coming soon
Advanced Credit VaR
From portfolio losses to economic capital: dependence, concentration, migration, stressed recoveries and model validation. A ₹100 crore running example, six workbook case studies, 20 sections, two interactive labs, and Excel and Python blueprints.
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Credit Risk: PD, LGD & EAD
Expected loss decomposed into probability of default, loss given default and exposure at default. Scorecards, the Merton structural view, and portfolio default correlation.
Coming soon
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Merton Structural Default Model
Equity as a call option on firm assets, distance-to-default, and turning market data into a probability of default — applied to Nifty 50 names.
Coming soon
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Interest-Rate Risk in the Banking Book (IRRBB)
Economic value of equity vs net interest income, repricing gaps, the Basel standardised shocks, and how banks measure and hedge structural rate risk.
Coming soon
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Monte Carlo Methods in Finance
Simulation for pricing and risk: variance reduction, convergence, and building joint scenarios with correlated and tail-dependent draws.
Coming soon
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Time Series Analysis & Forecasting
An exhaustive guide to centred moving averages, additive and multiplicative decomposition, stationarity tests, ACF, PACF, ARIMA/SARIMA identification, residual diagnostics and forecast evaluation.
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Interest Rate Risk — Duration & Convexity
A comprehensive guide to the convex bond price–yield relationship, Macaulay and modified duration, DV01, convexity, total price-change estimation, effective duration, key-rate risk and immunization, with a live sensitivity lab.
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Extreme Value Theory
Modelling the far tail with Block Maxima, GEV and the Generalised Pareto Distribution. Covers threshold selection, Hill tail indices, EVT VaR and Expected Shortfall, portfolio tails and copulas, with an interactive POT lab.