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Course

Finance Theory I (MIT 15.401)

Run by Massachusetts Institute of Technology

OnlineOnline (global)Semester-length MIT graduate course (self-paced)FreeOpenLow effort

About this opportunity

<p>15.401 Finance Theory I is an MIT Sloan graduate course, published free on MIT OpenCourseWare from the Fall 2008 offering taught by Prof. Andrew Lo. It introduces the core theory of modern financial economics and financial management with a focus on capital markets and investments.</p><ul><li>Level: MIT Sloan graduate course</li><li>Cost: free; all materials are released under a Creative Commons licence</li><li>Topics: functions of capital markets and financial intermediaries, asset valuation, fixed-income securities, common stocks, capital budgeting, and diversification</li><li>Materials included: video lectures and slides, readings, recitations, problem sets with solutions, exams with solutions, and instructor insights</li><li>Eligibility: open to anyone; no registration, prerequisites, or application required</li><li>Credential: none – MIT OpenCourseWare does not grant certificates or course credit</li></ul><p>Learners access the materials directly on the OCW site and study at their own pace.</p>

Who can apply

Anyone can use it: MIT OpenCourseWare is free for anyone to access and use, with no enrolment or registration. This is MIT Sloan graduate-level material, and OCW gives no credit or certificate.

How to apply

No registration is needed: open the course on MIT OpenCourseWare and use its lecture videos, lecture notes, problem sets and exams at your own pace. OCW does not offer credit or a certificate.

What you get

Skills training

Frequently asked

Who runs this?+

Run by Massachusetts Institute of Technology.

Who can apply?+

Anyone can use it: MIT OpenCourseWare is free for anyone to access and use, with no enrolment or registration. This is MIT Sloan graduate-level material, and OCW gives no credit or certificate.

Is it paid?+

Free to apply. No participant fees.

How do I apply?+

No registration is needed: open the course on MIT OpenCourseWare and use its lecture videos, lecture notes, problem sets and exams at your own pace.

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Last verified 27 September 2026·Updated 29 September 2026