Reference
Resources
Books, courses, papers and data the modules lean on, with a note on what to take from each.
Courses 11
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MIT OpenCourseWare
L1 terms and concepts (M01); L5 stochastic processes, martingales, optional stopping (M03); L6 regression, L8 time series (M04, M13); L7 VaR, L9 volatility modelling (M02, M09, M13); L14–16 portfolio and factors (M14); L17–19 stochastic processes, Itô calculus, Black–Scholes (M08); L20 option price and probability duality (M09).
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Andrew W. Lo, MIT OpenCourseWare
Introductory sessions (M01), forwards and futures (M07), options and efficient markets for intuition (M06).
- Online Valuation class verified
Aswath Damodaran (NYU Stern)
25 short sessions with slides and post-class tests. Sessions 1–11 (intrinsic valuation) and 14–15 (relative valuation, P/E) for M06.
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Prof. J. P. Singh
Indian context, follows Hull; weeks on forwards, futures and hedging.
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Prof. Joydeep Dutta
Stochastic-calculus refresher: Itô calculus and the Black–Scholes formula. Archive: https://archive.nptel.ac.in/noc/courses/noc16/SEM1/noc16-ma02
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Columbia University
Course 1: no-arbitrage, forwards and futures, strong binomial-model exercises.
- CME Group Education verified
CME Group
Free futures, metals and energy courses.
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Robert J. Shiller
EMH, behavioural finance, institutions; lectures on the bond market and central banking for M11. Course page checked 6 Nov 2026: Financial Markets (2011), Robert J. Shiller.
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WorldQuant University
A full free master's programme if you want to go further after the course.
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National Institute of Securities Markets
Units 3 (equity futures and forwards), 6 (trading mechanism) and 7 (clearing, settlement and risk management): the most structured treatment of Indian F&O plumbing. Syllabus page cited in M07: https://www.nism.ac.in/revamp-nism/test-objectives-revised-nism-series-viii-equity-derivatives-certification-examination/
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Prabina Rajib (IIT Kharagpur), NPTEL
Indian course on commodity derivatives: VaR-based margins, seasonality, hedge ratios, basis risk, bullion, energy and base metals, manipulation cases. Course page checked 6 Nov 2026 (offered on SWAYAM, e.g. noc21-mg58, noc23_mg86).