AbstractThe dependence of exchange bias (EB) effects on cooling field strength and particle shape in nanoparticles with antiferromagnetic (AFM) interfacial coupling and inverted AFM core with a fixed radius and ferromagnetic (FM) shell with various thicknesses are investigated by using a modified Monte Carlo Metropolis method. It is found that with the increase of cooling field, field‐cooled exchange bias field (HE) fluctuates in the range of negative values initially, and then has an abrupt jump from the negative value to the positive value, finally levels off. However, HE decreases as the FM shell shape varies from No. 1 to No. 13 regardless of the strength of cooling field. Coercivity is affected by cooling fields and shapes indicating distinct behaviors. Because the AFM core is almost unaffected by shape and frozen completely during measuring hysteresis loops, the effect of ferromagnets on EB, negligible in most of other systems, is ambiguously manifested in such an unconventionally structural system. Moreover, the phenomena are interpreted well by presenting the snapshots of microscopic spin energy distributions, which make us observe directly and vividly the movement of domains and the competition of energies. This work will shed new light into the microscopic origin of peculiar magnetic properties of nanoparticles with special structures.