diff --git a/openedx/features/offline_mode/assets_management.py b/openedx/features/offline_mode/assets_management.py
index 0ab7cfacf042..2e10fdb3b23c 100644
--- a/openedx/features/offline_mode/assets_management.py
+++ b/openedx/features/offline_mode/assets_management.py
@@ -1,6 +1,7 @@
 import shutil
-import os
 import logging
+import os
+import requests
 
 from django.conf import settings
 from django.core.files.base import ContentFile
@@ -11,7 +12,7 @@
 from xmodule.exceptions import NotFoundError
 from xmodule.modulestore.exceptions import ItemNotFoundError
 
-# from .file_management import get_static_file_path, read_static_file
+from .constants import MATHJAX_CDN_URL, MATHJAX_STATIC_PATH
 
 
 log = logging.getLogger(__name__)
@@ -43,6 +44,8 @@ def save_asset_file(xblock, path, filename):
         path (str): The path where the asset is located.
         filename (str): The name of the file to be saved.
     """
+    if filename.endswith('djangojs.js'):
+        return
     try:
         if '/' in filename:
             static_path = get_static_file_path(filename)
@@ -140,11 +143,17 @@ def is_modified(xblock):
     :return:
     """
     file_path = os.path.join(base_storage_path(xblock), 'content_html.zip')
-    # file_path = f'{base_storage_path(xblock)}content_html.zip'  # FIXME: change filename, and change to os.path.join
-    #
+
     try:
         last_modified = default_storage.get_created_time(file_path)
     except OSError:
         return True
 
     return xblock.published_on > last_modified
+
+
+def save_mathjax_to_local_static():
+    if not default_storage.exists(MATHJAX_STATIC_PATH):
+        response = requests.get(MATHJAX_CDN_URL)
+        default_storage.save(MATHJAX_STATIC_PATH, ContentFile(response.content))
+        log.info(f"Successfully saved MathJax to {MATHJAX_STATIC_PATH}")
diff --git a/openedx/features/offline_mode/constants.py b/openedx/features/offline_mode/constants.py
new file mode 100644
index 000000000000..161b7d0a3998
--- /dev/null
+++ b/openedx/features/offline_mode/constants.py
@@ -0,0 +1,5 @@
+import os
+
+MATHJAX_VERSION = '2.7.5'
+MATHJAX_CDN_URL = f'https://cdn.jsdelivr.net/npm/mathjax@{MATHJAX_VERSION}/MathJax.js'
+MATHJAX_STATIC_PATH = os.path.join('offline_mode_shared_static', 'js', f'MathJax-{MATHJAX_VERSION}.js')
diff --git a/openedx/features/offline_mode/html_manipulator.py b/openedx/features/offline_mode/html_manipulator.py
index adbd4ec4fa45..d095362a13e2 100644
--- a/openedx/features/offline_mode/html_manipulator.py
+++ b/openedx/features/offline_mode/html_manipulator.py
@@ -1,7 +1,14 @@
+import os
 import re
+
 from bs4 import BeautifulSoup
 
-from .assets_management import save_asset_file
+from django.conf import settings
+
+from .assets_management import save_asset_file, save_mathjax_to_local_static
+from .constants import MATHJAX_CDN_URL, MATHJAX_STATIC_PATH
+
+RELATIVE_PATH_DIFF = '../../../../'
 
 
 class HtmlManipulator:
@@ -16,21 +23,37 @@ def __init__(self, xblock, html_data):
         self.xblock = xblock
 
     def _replace_mathjax_link(self):
-        # FIXME: version shouldn't be hardcoded
-        mathjax_pattern = re.compile(r'src="https://cdn.jsdelivr.net/npm/mathjax@2.7.5/MathJax.js[^"]*"')
-        return mathjax_pattern.sub('src="/static/mathjax/MathJax.js"', self.html_data)
+        """
+        Replace MathJax CDN link with local path to MathJax.js file.
+        """
+        mathjax_pattern = re.compile(fr'src="{MATHJAX_CDN_URL}[^"]*"')
+        self.html_data = mathjax_pattern.sub(
+            f'src="{RELATIVE_PATH_DIFF}{MATHJAX_STATIC_PATH}"',
+            self.html_data
+        )
 
     def _replace_static_links(self):
-        pattern = re.compile(r'/static/[\w./-]+')
-        return pattern.sub(self._replace_link, self.html_data)
+        """
+        Replace static links with local links.
+        """
+        static_links_pattern = os.path.join(settings.STATIC_URL, '[\w./-]+')
+        pattern = re.compile(fr'{static_links_pattern}')
+        self.html_data = pattern.sub(self._replace_link, self.html_data)
 
     def _replace_link(self, match):
+        """
+        Returns the local path of the asset file.
+        """
         link = match.group()
-        filename = link.split('/static/')[-1]
+        filename = link.split(settings.STATIC_URL)[-1]
         save_asset_file(self.xblock, link, filename)
         return f'assets/{filename}'
 
-    def _replace_iframe(self, soup):
+    @staticmethod
+    def _replace_iframe(soup):
+        """
+        Replace iframe tags with anchor tags.
+        """
         for node in soup.find_all('iframe'):
             replacement = soup.new_tag('p')
             tag_a = soup.new_tag('a')
@@ -39,7 +62,13 @@ def _replace_iframe(self, soup):
             replacement.append(tag_a)
             node.replace_with(replacement)
 
-    def _add_js_bridge(self, soup):
+    @staticmethod
+    def _add_js_bridge(soup):
+        """
+        Add JS bridge script to the HTML content.
+        :param soup:
+        :return:
+        """
         script_tag = soup.new_tag('script')
         # FIXME: this script should be loaded from a file
         script_tag.string = """
@@ -83,8 +112,15 @@ def _add_js_bridge(self, soup):
         return soup
 
     def process_html(self):
-        self._replace_mathjax_link()
+        """
+        Prepares HTML content for local use.
+
+        Changes links to static files to paths to pre-generated static files for offline use.
+        """
+        save_mathjax_to_local_static()
         self._replace_static_links()
+        self._replace_mathjax_link()
+
         soup = BeautifulSoup(self.html_data, 'html.parser')
         self._replace_iframe(soup)
         self._add_js_bridge(soup)