About

5 mins read time

Finance Training Course was created by a team of risk professionals with the objective of helping people learn, understand and apply complex financial concepts. For many years, we looked for a resource that we could use for training our new team members within the domain of risk management. In 2010 we started putting together an internal guide that new hires would review in their first three weeks at work at our risk practice.

The challenge with computational finance and quantitative modeling is that most textbooks leave you lost and/or wanting for more. It was just a simple question of locking our newest employees in the office library and asking them to read through the combined curriculum of CFA, FRM and SOA exams in three months. We tried that. It didn’t work.  What was needed was something much more subtle. An approach that didn’t feel like rocket science but was really rocket science at work.

FinanceTrainingCourse.com is the public face of that guide.

The content has been sourced directly from our risk consulting practice focusing on:

  1. Risk management
  2. Derivatives products
  3. Option pricing models
  4. Basel and capital adequacy regulation
  5. Financial modeling
  6. Treasury products and risk

Our Customers and readers

A measure of our success is the audience we have managed to attract over the last 9 years.

Quantitative Models online
Quantitative Models online

We receive traffic from 218-240 territories and 12,300 – 16,000+ cities across the world depending on how good a year we are having or how bad a year the rest of the world is experiencing.

We delivered 6,000 orders to 3650 unique customers.  Top fifteen cities feature New York, London, Mumbai, Chicago, Singapore, Hong Kong, Toronto, Sydney, Paris, Boston, New Delhi and KL – surprise, surprise.

90% of our content is free; from answering questions about re-levering beta to modeling tail value at risk, from building mortality tables to calibrating interest rate models, from critical essays on risk to figuring out how much money Disney made from Marvel universe.  We provide easy to follow solutions for common computational finance problems. Our most popular asset is our collection of real life case studies that walk through timelines, crises and step by step model building exercises in Excel.

The content shared on this site has now been featured in two quantitative finance textbooks published by Palgrave Macmillan in 2014-2015.

Models at work, Jawwad Farid, Palgrave Macmillan, 2014
Models at work, Jawwad Farid, Palgrave Macmillan, 2014
An Option Greeks Primer, Jawwad Farid, Palgrave Macmillan, 2015
An Option Greeks Primer, Jawwad Farid, Palgrave Macmillan, 2015

If you like what you see, you can buy downloadable study guides, excel templates or video courses.  That is the paid part of the site.  If you don’t find a model you are looking for, drop us a note and we will add it to our list of models to build.  Suggestions like these have helped us add over one hundred tutorials and excel templates to our store. Add yours to the list.

Drop us a note

If you would like to see a model before you buy, drop us a note. If you don’t like what you have purchased drop us a note again and we will be happy to do a full no questions asked refund. If you can’t afford it because you are student – guess what. Drop us a note and we will figure out a discount that works for you. Not too long ago, in a different life, we were broke and hungry students too.

Practitioner’s Point of View

Courses are written from a practitioner’s point-of-view, providing bite-sized concepts and topics with detailed application-oriented cases. Course outlines for individual subjects and learning road maps for broader topic-based review are provided. If you are new to this field, start with the individual courses, such as Corporate Finance, Ratio Analysis, Credit Analysis. If you have spent some years in the field and would like to freshen up on a given topic walk through the Learning road maps or topic guides that show up on the sidebar of the site. If you have been given an assignment and would like a practical model to work with and give you an edge, the Excel templates are for you. Just search for your question and there is a reasonable chance that something will pop up in the results.

The biggest challenge in the field of computational finance and risk is that its difficult to translate the approach you have just read in your textbook to a practical model that you put to work on your desk tomorrow. We know because we have struggled with the same issues for the last two decades. Hence when we put together a guide, our approach is to keep it as simple and to the point as possible. The best guides come with a working Excel spreadsheet that you can use to track what is happening.  While the sheets may not be suitable for you to put to work in real life setting (standard qualifier, you need to consult professionals before you do any damage), they go a long way in comprehending difficult concepts and their implementation.

When we crack something awkward at work, you can rest assured that a model or a post will follow here on this site. A great deal of material is actually sourced from your questions. Questions that you drop us through emails or through pings on social media

A number of options are available, including:

  • Free online material
  • PDF downloads
  • EXCEL files and templates
  • Instructor led online courses

If you have questions, queries or comments drop us a note at [email protected]

Corporate TestimonialsStudent Testimonials

About

training-testimonials-jawwad-farid

A most amazing training – hands down the best, most useful, and most relevant I had during my tenure. Simply put, I loved it and will continue to build on the models. 

AboutFinancial Modeling Course Participant
FGB Training Academy,
First Gulf Bank, Abu Dhabi, UAE

I have attended a number of training courses conducted by Alchemy technologies. Broadly, the areas covered have been Financial Risk Management aspects, Basel II implementation in Pakistan, as well as product knowledge for relatively new products in the our market for instance Financial Derivatives. As trainers, Mr. Jawwad Farid and his team bring in a wealth of conceptual knowledge entwined with their own professional experiences, adapting and honing it to our local market needs.

The training courses are very informative and are delivered in a witty and energetic manner. The learning needs of the participants are kept in focus, and they are kept involved by interactive discussions and queries. Personally, I have always left these sessions with a much better understanding and grasp over the subjects delivered, which has helped me professionally. 

AboutSenior Manager & Team Leader
Treasury Middle Office
Habib Bank Limited

Jawwad Farid has admirably led the training piece on the Treasury side covering Treasury risk, Treausury products, Derivatives (basic & Advanced), Fixed income securities (Basic & Advanced) and ALM training modules. Jawwad in our opinion is an “Outstanding Senior Trainer” who has deep subject matter knowledge and an uncanny ability to keep the participants engaged in the training process. So far our clients have expressed maximum level of satisfaction in Jawwad’s capability to deliver high value training programs, that have tangibly enhanced their staff’s skill sets. Based on our direct more than satisfactory experience, Jawwad’s otherwise exceptional track record on the training side with over 90 technical skill building courses in South Asia, Middle Eastern and Far Easterm markets, we have no hesitation in strongly recommending Jawwad Farid for the training that for participants based out of Malaysia or the adjoining Far Eastern Markets. 

AboutMohammad Nasr Ullah
Principal Consultant
Consultnomics, FZE

I have loved each and every workshop from Alchemy. The workshops are extremely helpful in removing queries about Derivatives Pricing, Basel & Regulatory issues. I feel attending the workshops have added value to my knowledge and expertise.

Moreover, the instructor is extremely knowledgeable on the subject area and ensures that each candidate returns with similar knowledge and expertise.  

AboutSenior Vice President
Compliance
Allied Bank
About

Excellent teaching skills. The instructor made every effort to explain most complicated finance concepts in simplest possible ways.

Excellent. If the time could be extended this would be an even better learning experience

Excellent, very informative and inspiring.