∿ Quant$ense
Quantitative finance, made practical

Understand risk.
Apply the numbers.

Explore free interactive lessons, then build a study routine with professional guides, worked cases and offline labs.

12 packages · ₹999 each · one-time downloads

We are a group of bankers working in these fields.Free lessons · Downloadable study packages
Start with your next step

What do you want to achieve?

Choose a goal for an ordered learning path and a package that supports it.

Market risk & FRTB · Your learning path

Explain how market risk becomes capital.

Build the intuition, follow the calculation and practise explaining the assumptions behind the result.

Your package match: FRTB SA & IMA · ₹999 →

  1. Build your risk vocabulary

    Use delta, vega and curvature to explain how a position responds to market moves.

    Risk Sensitivities
  2. Connect sensitivities to capital

    Work through FRTB SA and IMA, then explain aggregation, diversification and model checks.

    FRTB SA & IMA
  3. Discuss the implementation context

    Compare the FRTB frameworks and explain why jurisdiction and rule status matter.

    FRTB Regulation

Put it into practiceExplain one capital calculation aloud, including its inputs, assumptions and a limitation.

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FRTB SA & IMA package

FRTB interview questions, worked cases and revision flashcards help you turn the calculations into clear explanations.

₹999 INR · one-time
  • Professional guide + worked cases
  • 100 revision flashcards
  • Offline interactive lab
Explore this package →Preview the sample materials →

Starting knowledge: Comfort with sensitivities, basic statistics and trading-book instruments.

This purchase covers FRTB SA & IMA. All steps in the online path are free.

Credit risk · Your learning path

Explain what drives a credit loss.

Follow three focused lessons in the Credit Risk module, then practise defending the assumptions in a worked case.

Your package match: Credit Risk · ₹999 →

  1. Connect PD, LGD and EAD

    Start with the portfolio loss explorer and explain the ingredients of expected loss.

    Credit Risk
  2. Stress the portfolio

    Explore default dependence and explain why losses can cluster in stressed conditions.

    Credit Risk
  3. Distinguish loss and capital

    Compare accounting loss, provisions and capital, and explain what each measure tells you.

    Credit Risk

Put it into practiceWalk through a credit-loss example and explain which assumption most changes the result.

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Credit Risk package

Credit-risk worked cases, interview practice and flashcards support revision of loss drivers, modelling choices and practical explanations.

₹999 INR · one-time
  • Professional guide + worked cases
  • 100 revision flashcards
  • Offline interactive lab
Explore this package →Try a free lesson before buying →

Starting knowledge: Basic probability, percentages and an understanding of lending cash flows.

This purchase covers Credit Risk. All steps in the online path are free.

Counterparty risk & XVA · Your learning path

Follow a trade from exposure to valuation.

Build a coherent explanation of exposure, counterparty credit risk and the adjustments used in pricing.

Your package match: XVA · ₹999 →

  1. Understand counterparty exposure

    Explore replacement cost, potential future exposure, netting and collateral.

    SA-CCR
  2. Connect exposure to CVA risk

    Study counterparty credit effects and the sensitivities used in SA-CVA.

    SA-CVA
  3. Explain the valuation adjustments

    Connect credit, funding, collateral and capital costs to the economics of a trade.

    XVA

Put it into practiceExplain how collateral changes exposure and funding, then describe the effect on a trade's valuation.

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XVA package

The XVA guide and worked cases help you connect the adjustments, while interview questions and flashcards support structured practice.

₹999 INR · one-time
  • Professional guide + worked cases
  • 100 revision flashcards
  • Offline interactive lab
Explore this package →Try a free lesson before buying →

Starting knowledge: Derivatives valuation, discounting and basic counterparty-risk concepts.

This purchase covers XVA. All steps in the online path are free.

Treasury & ALM · Your learning path

Explain a bank's funding and rate-risk decisions.

Start with the balance sheet, trace the cash needs and connect rate shocks to earnings and economic value.

Your package match: Treasury Risk · ₹999 →

  1. Understand the balance sheet

    Explain funding needs, net interest income and the role of funds transfer pricing.

    Treasury Risk
  2. Follow the cash under stress

    Explore LCR, NSFR and cash survival, then discuss possible funding actions.

    Liquidity & Funding Risk
  3. Explain banking-book rate risk

    Connect yield-curve shocks, deposit behaviour and hedges to EVE and NII.

    IRRBB

Put it into practicePresent one treasury decision, its effect on earnings and liquidity, and the trade-off you would discuss with ALCO.

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Treasury Risk package

Treasury worked cases and interview questions help you practise explaining funding, liquidity and balance-sheet decisions together.

₹999 INR · one-time
  • Professional guide + worked cases
  • 100 revision flashcards
  • Offline interactive lab
Explore this package →Preview the sample materials →

Starting knowledge: Basic financial arithmetic; familiarity with assets, liabilities and cash flows is helpful.

This purchase covers Treasury Risk. All steps in the online path are free.

Practical modelling · Your learning path

Build from valuation inputs to model behaviour.

Begin with discounting and a hands-on curve workflow, then explore sensitivities and the mathematics of uncertain prices.

Your package match: Yield Curves · ₹999 →

  1. Build and test a yield curve

    Bootstrap discount factors, infer forwards and check how the curve reprices bonds and swaps.

    Yield Curves
  2. Measure what moves the value

    Change rates and other market inputs, compare price changes and interpret the sensitivities.

    Risk Sensitivities
  3. Add the stochastic foundations

    Explore probability, Brownian motion and Itô calculus. Refresh basic calculus before this step.

    Stochastic Calculus

Put it into practiceReprice an instrument, change one curve assumption and explain the resulting value and risk.

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Yield Curves package

The Yield Curves package supports your first practical build with a structured guide, worked cases and an offline lab for repeated practice.

₹999 INR · one-time
  • Professional guide + worked cases
  • 100 revision flashcards
  • Offline interactive lab
Explore this package →Try a free lesson before buying →

Starting knowledge: Basic algebra, interest calculations and present-value concepts.

This purchase covers Yield Curves. All steps in the online path are free.

Treasury expertise · Your learning path

Connect everyday treasury decisions.

Follow the balance sheet through funding, liquidity stress and interest-rate risk, with a practical decision at each stage.

Your package match: Treasury Risk · ₹999 →

  1. Build the treasury foundation

    Explore the bank balance sheet, funding costs, net interest income and funds transfer pricing.

    Treasury Risk
  2. Test liquidity and funding resilience

    Work through liquidity ratios, cash survival, collateral and funding concentration.

    Liquidity & Funding Risk
  3. Manage banking-book rate risk

    Compare EVE and NII under rate shocks, then explore deposits, optionality and hedging.

    IRRBB

Put it into practiceUse a worked balance-sheet case to explain a funding action and its effect on liquidity and net interest income.

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Recommended for this goal

Treasury Risk package

The Treasury Risk package gives you a broad starting point, combining a professional guide, offline practice and worked treasury cases.

₹999 INR · one-time
  • Professional guide + worked cases
  • 100 revision flashcards
  • Offline interactive lab
Explore this package →Preview the sample materials →

Starting knowledge: Basic financial arithmetic; familiarity with assets, liabilities and cash flows is helpful.

This purchase covers Treasury Risk. All steps in the online path are free.

Build your next capability

Explore a focused learning package.

View all 12 packages →
Start exploring, free

Change an input. See what happens.

Browse the learning paths →

Each path combines visual models, plain-language intuition, equations and questions. No account is required.

Foundations

Explore professional applications

Treasury Risk Lab

Build a bank balance sheet, understand funding and FTP, explore liquidity, rates, FX and collateral, then defend an ALCO decision in 33 interactive lessons with 330 thought questions.

From cash basics to treasury decisions →

SIMM · Initial Margin Lab

Follow sensitivities through six risk classes, concentration, delta, vega and curvature. Explore hedges, CRIF, collateral and governance with interactive calculations and thought questions.

Understand the margin →

Credit Risk & Loss Lab

Explore seven portfolio types, PD, LGD, EAD, default dependence, variable selection, model validation, IFRS 9 ECL and SICR in 34 interactive concepts.

Follow the borrower to the loss →

FRTB market risk

SBM delta, vega and curvature for all seven risk classes, DRC, RRAO, IMA ES, NMRFs, RFET, PLAT and backtesting, plus trade-to-capital mapping, visual data tests and a capital optimisation sandbox.

Open the FRTB path →

SA-CVA counterparty risk

CVA valuation, netting, collateral, wrong-way risk, hedging and six PRA risk-class laboratories, with delta and vega aggregation.

Open the SA-CVA path →

SA-CCR counterparty exposure

Replacement cost, netting, collateral, potential future exposure, six asset-class add-ons and UK alpha treatment.

Open the SA-CCR path →

XVA · Valuation adjustments

Explore credit, own credit, funding, collateral, initial margin and capital, then connect wrong-way risk, portfolio pricing, clearing, reserves and tax in 13 interactive lessons.

Understand the whole trade →

IRRBB Lab · Banking book

Build a balance sheet, trace cash flows and apply six supervisory shocks. Explore ΔEVE, ΔNII, deposits, prepayments, basis risk, optionality and hedging in 19 applets with 190 thought questions.

Build and stress a bank →

FRTB Regulation Divergences

Search FRTB topics and identify differences between PRA, the March 2026 US proposal and Basel with source references and calculation implications.

Analyse the divergences →

Liquidity & Funding Risk Lab

Explore LCR, NSFR, cash survival, funding concentration, collateral and funding actions across seven interactive concepts.

Follow the cash →
Choose how you study

What does a package add?

Your study materialFree on Quant$enseIn a paid package
Explore the conceptsInteractive online lessons, visualisations and explanationsA structured downloadable guide with worked examples
Practise calculationsChange inputs in the online appletsOffline lab plus applied exercises and answers
Revise and recallLesson questions and definitions100 flashcards for focused revision
Prepare an explanationBuild intuition through the free learning pathInterview practice and career or implementation resources
AccessOpen the website in your browserDownload your chosen subject package through Topmate

All online lessons and visualisations remain free. Each package is an optional purchase for one subject. See its contents before buying.

Who is behind Quant$ense?

Learning informed by banking practice.

We are a group of bankers working in these fields. We created Quant$ense to help learners connect financial concepts, calculations and practical questions.

More about Quant$ense →