Finance & Banking · Quantitative Finance

NumFinance: Numerical Methods for Finance

Interactive exercise comparing binomial trees, finite difference methods, and Monte Carlo for pricing American put options — students explore convergence, stability, and method tradeoffs

12 rounds Executive English, Español
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Who it is for

An advanced simulation for participants used to working with the main frameworks and trade-offs of the subject, designed for executive education and experienced professionals.

How a session runs

  1. The instructor creates a session from the Eureka dashboard and invites the participants.
  2. Participants play 12 rounds. In each one they submit their decisions and the simulation calculates the results.
  3. The simulation can be run in English, Español.
  4. The instructor follows each participant's progress and results from the dashboard, and uses the class results for the debrief.

Decisions participants make

The decisions participants make during the simulation:

  • Stock Price (S)
  • Strike Price (K)
  • Volatility (σ)
  • Risk-Free Rate (r)
  • Time to Expiry (T)
  • Method
  • Steps / Paths (N)

What participants track

What participants follow on screen as the rounds go by:

  • Option Parameters
  • Numerical Method
  • Run History

Subjects covered

Designed for courses in Quantitative Finance.

  • Numerical Methods for Finance

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