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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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

  • Hi Karthik Sir, 1) If my Stock option CE is deep In the Money at the time of expiry and I don't have enough money to take the delivery of the stocks , what happens to my position. Since Stock options are not cash settled, what happens to my p ...

    20 Jan 2026
  • There is no explanation for what is stock exchange. ...

    20 Jan 2026
  • 355 Karthik Rangappa on Volatility Basics

    I guess you can check Sensibull for this. Or NSE itself publishes this data, please do check their daily files. ...

    20 Jan 2026
  • Shravya, I agree, its an inadvertent mistake from my side. I wrote these chapters long ago where I was less sensitive towards these aspects. But I've changed overtime and all my writing over the last 5 years have been gender neutral :) ...

    20 Jan 2026
  • Divya, not sure if I fully understand the query. But we dont choose the delta, the delta of an option depends on the moneyness of the option. ...

    20 Jan 2026

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