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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Explore stock market lessons in bite size modules, quizzes, and tests.
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Varsity Certified
An online certification program designed to test your market knowledge and give you the confidence to start your career in capital markets.
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.
Recent comments
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1094 on The Finale
Karthik sir, want to know about risk free rate. Also, what is ideal as proxy for risk free rate, 91 day t-bill, 365 day t-bill or 10 years G-Secs bond yield? ...
14 Dec 2025 -
Typing correction * Standard deviation (SD) is in the form of percentage . ABC stock\’s SD is 10 and stock is trading at 100 meaning lower estimate is 90 and upper estimate is 110 . My question is for Billy’s case lower estimation Investment*( ...
14 Dec 2025 -
Standard deviation (SD) is in the form of percentage . ABC stock's SD is 10 and stock is trading at 100 meaning lower estimate is 90 and upper estimate is 110 . My question is for Billy's case upper estimation, Loss = Investment * (1-SD) 2 ...
14 Dec 2025 -
Hi Karthik, Firt of all Thanks for this wonderful material. I have took the final assessment for Module 2. Is there a key available? I want to know what I marked wrong. ...
14 Dec 2025 -
acting oversmart are you ...
13 Dec 2025
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