Introducing Varsity Certified

August 30, 2022

We do what we do at Zerodha because we believe more Indians must invest in the markets and back home-grown entrepreneurs and businesses. This is the only way to reduce our dependence on foreign capital and ensure inclusive growth. If most of India’s capital continues to get invested in real estate and gold, it doesn’t help our economy.

India has nine crore demat accounts, but only about three crores are unique—less than 2% of Indians. One reason for this is that the incomes of Indians are still very low. Our per capita GDP is ~$1900 compared to ~$60,000 in the US. But even then, just 2% of Indians investing is still extremely low. The other major reason for low participation in financial markets is the lack of financial literacy. Schools and colleges don’t teach basic financial concepts; we learn by trial and error or from friends and family. Since most people don’t invest, they assume that the stock market is akin to gambling and stick to fixed deposits, chit funds, gold and real estate. The lessons we learn when we’re young tend to stick through life, and most people don’t update their beliefs.

This is why we started Varsity, our open finance education portal, in 2013, led by Karthik, to simplify trading and investing. Today, Varsity is one of the world’s most popular educational portals on financial markets. We’ve also launched the Varsity app and videos with bite-sized content for the younger mobile native generation. Varsity has been free and open from day one. We don’t ask for emails, collect leads or upsell other products on the portal.

In our experience, most traders and investors get started without a firm grasp of the fundamental financial concepts. This can often lead to people learning the wrong things and forming strong views that are flawed. Since first impressions tend to be strong, people tend not to update their learnings over time. In an ideal world, learning about trading and investing should happen first. This need not be a full-fledged specialised course on finance, but rather the key foundational concepts.

Varsity Certified

Over the last few months, we’ve been working on creating such a course. We’ve taken the foundational concepts across various Varsity modules, the basics of stock markets, fundamental analysis and technical analysis and created an online certification programme — Varsity Certified. You can learn about all these concepts on Varsity web, mobile and videos. The web has the most extensive content.

Just like Varsity, the Varsity Certified programme is open to everyone. You don’t need a Zerodha account to take this test. 🙂

Upon successful completion of the course, students will be awarded a certificate. The certification tests will also be proctored or overseen by professional monitors. The certification is priced at Rs 250 plus GST per attempt to write the exam. This is to cover the costs of the professionals who oversee the exams.

The certification program isn’t meant only for students but anyone who wants to learn how to manage their finances.

You can enrol here for the certification and start learning about the basics of the stock market on Varsity. If you are a school or college interested in associating with Zerodha Varsity to offer the certification program to your students and maybe even offer joint certification, please create a ticket here.

Team Zerodha

India's largest retail brokerage


  1. Ankit C says:

    Few Questions –
    How the course content under Varsity certification is different from the content which is already there on Varsity?
    Also how this certificate will benefit us?
    What is the thought process behind launching this certification?

  2. Sandeep Jhanji says:

    Excellent initiative. The intent is also very clear . We also need a basic informative module for environment management practices which cover basic concepts like waste separation , water harvesting , water conservation and single use plastic

  3. Priya Pahuja says:

    This is a great initiative, Nitin and team! Brilliant!

  4. Anju Beria says:

    I want learn investment skill through said varsity course
    Please revert back details for the same

  5. Sameer says:

    Do Zerodha offers job/internship?
    And if yes, then how can I apply?

    • Shruthi R says:

      Hey Sameer, we don’t have any openings currently, but please do keep an eye out on this link here:

  6. Pankaj kumar says:

    I’m learning so much from varsity by zerodha. The information that is available here is not available anywhere. Thankyou zerodha team

  7. Shubham says:

    Hey Rohan, we’ve explained about the Varsity Certification in detail above.

  8. Rahul Naidu says:

    Hi team zerodha,

    Just a request if Varsity can be converted into book form it would be much easier.

  9. Pratiksha Kamath says:

    What is the benefit of varsity certificate?
    Can I add in my CV as additional qualification ?
    Is this certificate will give weightage to my cv ?

    • Shubham says:

      Hey Pratiksha, the Varsity Certification program is designed to test your knowledge about the financial markets. You can use it in your CV, it’s up to you 🙂

  10. Prajwal meshram says:

    Didn’t got the id password sir please help money also paid 2says ago but user id n password not found

  11. Milan says:

    Have paid the fees, but haven’t received any instructions on how to give the test. No link, credentials or anything has been given. Please resolve at the earliest

  12. Raghu Ram says:

    Hi Team,
    Is this Cetification Programme is Same as Mobile App Varsity or else it is different from App.
    Because in App Also we are able to generate Cerfticate after Successful Completion of Module

    Please Clarify my Doubt!!!!
    Thanks in Advance..

    • Akshay says:

      Mobile app certification is called ‘Certificate of Completion’, and this is called ‘Varsity Certified’. Its similar to the difference between a “course completion certification” and a “degree”.

  13. Pratham says:

    My test was scheduled on 10 Sep but due to internet issue I was not able to give the test. Is it possible to reschedule the test.

  14. Pallavi says:

    Varsity certified a good initiative. Qualifying criteria of 75 marks is on the higher side when compared with NISM certified of 60 marks. This will encourage the beginners and hence increase market participation.

    My mom, a house wife, appeared on 10Sept22 exam and scored 71 marks but did not receive the certificate and then thinking how tough it wud be to trade in the market. Had planned to open acct under my referral.

    • Mohammedali Sayeed says:

      Hello. In one of the chapter at the end when inwasgiving exam for certification i got failed twice bcause of netwrk issue and now it is not showin me another chance to give test for certification so why is thus happening any solution for ths

      • Shubham says:

        Hey Mohammedali, can you suggest a date so we can reschedule the exam? Btw, the exam is held on Saturday so please suggest a date that falls on Saturday 🙂

  15. Satyam Ganju says:

    I have paid the fees and my exam is suppose to be today but i haven’t received any link or user id on where i can write the exam

  16. Pradeep Shenoy says:

    VC13757 – My Zerodha certified test slot is booked today from 4 PM to 5:30 PM, apart from payment acknowledged have not received any test details, considering time can explain how to take test procedure today?

    • Satyam Ganju says:

      Same thing happened with me.
      I doubt we will get any response from zerodha team today, being it saturday (holiday) & Vishkarma Puja.
      Better they reschedule the exam to 24th September and provide exam link or necessary details in advance.

      • Shubham says:

        Hey Satyam, your test has been rescheduled and will be held on 24th September 2022. You would have received and email informing the same.

    • Shubham says:

      Hey Pradeep, your test has been rescheduled and will be held on 24th September 2022. You would have received and email informing the same.

  17. Pradeep Shenoy says:

    Hi Shubham,

    Any update, had booked slot for 17/09 at 4 PM, till now no update???

  18. Sha says:

    Paid for the varsity certificate but till know did not received any mail and exam schedule date

    • Shubham says:

      Hey, your test has been rescheduled and will be held on 1st October 2022. You would have received an email informing the same.

  19. Aakash says:


    I have paid for Zerodha Verified but need to re-schedule the exam date. Please suggest

    • Shubham says:

      Hey Aakash, can you suggest a date so we can reschedule the exam? Btw, exam is held on Saturday so please suggest a date that falls on Saturday 🙂

  20. Satyam Ganju says:

    Till dates i haven’t received any exam link … Paid on 2nd September

  21. Pradeep Shenoy says:


    Please reschedule and share me details for 01/10 online exam.
    I had booked slot for 17/09 and already paid money, till date not received any acknowledged or email relating online exam? Is this real and can atleast expecte my online exam on 01/10? Please share me details on my email address.

    • Shubham says:

      Hey Pradeep, we’ve rescheduled the test on 1st October 2022. You would’ve received an email informing the same. Also, please check the spam/junk folder as well, the email may sometimes be delivered to these folders.

  22. Kartik says:

    Till now i haven’t received any exam link … Paid on 1st October

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