The Financial Literacy Stack

Learners gain real-world experience and build financial fluency by reading disguised financials through working capital, bond pricing, and M&A deal structures in this sequence of financial training simulations.

The FInancial LiteracyStack
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Forio Stacks are a curated sequence of simulations that teach connected skills. 18 learning pathways span the disciplines that drive business today. Unlock the Stack from Forio's Ready-Made catalog that best aligns to your team's goals.

"Overall, the participants have enjoyed the interaction they had to do throughout the game. Some have expressed that the simulation really made them experience the real-life chaos and decision challenges of starting a company."

SPI Global (Philippines)

Financial Analysis

Data Detective

Analyze disguised financial statements and ratios to reconstruct the story of how a business operates and finances itself. Builds the foundational skill of converting raw financial data into a usable narrative before tackling more dynamic financial decisions.

Learning Objectives: Financial statement analysis, ratio analysis, business storytelling, financial literacy foundation.

Total Time: 20–30 min

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1

Managing Growth

Working Capital Simulation

Develops intuition for the interconnections between the income statement, balance sheet, and cash flow statement, highlighting the benefits of using working capital as an internal funding source and balancing growth with the necessity of maintaining liquidity.

Learning Objectives: Working capital tradeoffs, cash flow analysis, growth and liquidity balance.

Total Time: 20–30 min

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2

Finance

Bond Trader

Trade bonds while learning equilibrium-required return, interest rate risk, and reinvestment risk as security prices move toward fair value. Expands financial literacy beyond internal corporate finance into how capital markets price risk and reward.

Learning Objectives: Bond pricing, interest rate risk, reinvestment risk, market efficiency.

Total Time: 30–45 min

3

Finance

M&A in Wine Country

Apply financial valuation methods, including DCF, APV, and market multiples, to structure a competitive M&A deal alongside high-stakes negotiation. Serves as the capstone, requiring forecasting and synergy analysis on top of everything learned earlier in the stack.

Learning Objectives: M&A valuation, deal structuring, synergy analysis, financial forecasting.

Total Time: 90 min

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