Free and open stock market and financial education

Varsity is an extensive and in-depth collection of stock market and financial lessons created by Karthik Rangappa at Zerodha. It is free and openly accessible to everyone and is one of the largest financial education resources on the web. No signup, no pay-wall, no ads.

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Varsity on mobile

Explore stock market lessons in bite size modules, quizzes, and tests.
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Impact cost and how it can ruin a trade Play
5 types of share capital Play
How OFS allotment is done Play
Building a mutual fund portfolio Play


Varsity Certified

An online certification program designed to test your market knowledge and give you the confidence to start your career in capital markets.


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Modules

Explore all the open-access Varsity modules that cover the entire spectrum of financial literacy and capital markets; everything from savings and taxation to option strategies and technical analysis.


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Recent comments

  • 670 Nowfa on Supplementary note - The 20 market depth or level 3 data

    Hi Karthik Rangappa, I complete the module 1 today, thanks for your effort to make the clear content to undrestand the concepts easily. i have some doubt in this reply. if i place SL at 1287 instead of 1290. 1290 has priority for sell right? ...

    31 Mar 2026
  • 10 Ashirbad Mohanty on Steel (Part 1)

    Hello sir. I am a Mechanical Engineering student. The way you explained about steel is something even a book cannot explain so clearly. It was excellent. Do you write anywhere else or do you have any other articles related to engineering, steel, ...

    31 Mar 2026
  • 396 Aditya+kumar+Rai on The Cash Flow statement

    As I was reading i got the same problem and i cross check the balance sheet also IN Asset section Cash and bank balance is 294.5 Cr but in the same FY14 closing Cash and cash equivalent was reported as 292.8 Cr. Why is miss calculation is arise? ha ...

    31 Mar 2026
  • 679 Shubham Gattani on Gamma (Part 2)

    Hi Karthik, The old delta changes with underlying but when calculating the new premium we use the old delta itself and then calculate the new delta? Or do we first calculate new delta and then use the new delta value to calculate new premium? ...

    30 Mar 2026
  • 85 Anirban Basak on Personal finance review (Part 2)

    Sir, I want to learn more about IIBS and ways to invest etc. Can you guide/help please? ...

    30 Mar 2026

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