Cryptocurrencies and blockchain technology have caught the attention of many investors and professionals from different parts of the world. But there is a lack of specialists in the matter, something that could soon start to change tendency.
There are some universities and schools that are offering specializations, courses, and other diplomas, in topics related to cryptocurrencies and distributed ledger technology. There is an increased demand from enterprises that need experts in the field, and consequently, the payment rate is higher than in other industries.
The United States (US) is one of the countries that has a university that offers a cryptocurrency / blockchain course. The Stern School of Business at the New York University (NYU) offers one of the most interesting crypto-courses for undergraduate students.
Oliver Bussmann, former chief information officer at UBS commented:
“It is a fast-moving topic with tokenomics and cryptocurrencies changing whole industries. The more people can learn about it and what potential it has, the more understanding they will have of what financial services will look like in five years.”
At the moment, the NYU Stern charges important sums to its students. Undergraduate people pays 600,400 ZAR ($50,000), and MBA students 840,000 ZAR ($70,000). In January, a Blockchain Software course started to be offered by the Hass School of Business at the University of California at Berkley. The school has decided to handpick 60 students from the business and engineering departments in order to explore possible applications of the technology.
“When people think about blockchain they think about cryptocurrencies,” commented Greg LaBlanc, Haas school lecturer. “We believe it (Blockchain) will have the biggest impact on contracting, logistics and supply chains, healthcare, public administration, assets clearing, property, and transactions.”
We have written many times how South Africa’s growing interest for Bitcoin, cryptocurrencies and blockchain is shaping the youngest generations. Vega – a brand of The Independent Institute of Education (IIE) – has decided to introduce a cryptocurrency course at a tertiary level. The course aims to help students grapple with the new technologies and developments in the industry. Moreover, students will be able to build their own blockchain in the real world, assemble and set-up a mining rig, or spend virtual currencies on a daily basis.
“This new offering adds further value to the comprehensive range of IIE brand communication, business and design qualifications and short courses available to study at Vega,” commented Shevon Lurie, Managing Director at Vega. “The course will run over three weeks with two highly engaging sessions per week at Vega’s Johannesburg campus only, covering everything from the history of some of the world’s leading cryptocurrencies, to buying, trading and using Bitcoin.”
Red and Yellow Creative School of Business is another South African university that has embraced virtual currencies. Students are able to enrol o a bankroll of Bitcoin. All kinds of degrees such as advanced diplomas, certificates, and other courses will accept crypto-payments.
One of the most important educational institutions in Sao Paulo is launching Brazil’s first Master’s degree in crypto finance. The intention is to incorporate cryptocurrencies and blockchain technologies into mainstream tertiary studies. Brazil is an important market for cryptocurrencies due to the large population it has and for being a regional financial hub in South America.
The University is known as Fundacao Getulio Vargas (FGV) and has released the information just some days ago. The program coordinator at the FGV, Ricardo Rochman, explained that it is important to provide the industry with greater educational resources on the subject of cryptocurrencies.
For an economist and student at the FVG, Michele Araujo, explained there are several benefits of studying the markets from a non-speculative perspective. He has also said that knowing practical and conceptual applications of blockchain and virtual currencies would provide better analytical tools for investors.
Professor Alan de Genaro, the teacher that proposed the initiative to the University, commented:
“I understand that some topics should be presented even when the student will not work in the financial market. People have to understand which factors are beneficial and which are not in cryptocurrencies.”
At the same time, experts in the matter believe that this is a market that needs specialized people but, unfortunately, there are not enough professionals. The interest for Bitcoin and cryptocurrencies in Brazil has also been growing during the last months.
The Australian University RMIT, has also decided to offer a crypto-related and blockchain course. In order to do so, the university has signed a partnership with important blockchain and crypto-related enterprises that will help with providing good quality content. At the same time, RMIT’s Blockchain Innovation Hub will be educating the pupils. Two of the enterprises that will be helping RMIT are Accenture and Stone & Chalk. The course will cost 14,896 ZAR ($1240). Interested students will learn how to use different tools that will allow them to use distributed ledger technology and apply it to different use cases.
“Blockchain is now becoming a core part of contemporary digital literacy and we are delighted to offer an industry-focused program built in collaboration with our partners at Accenture and Stone & Chalk, as well as RMIT’s Blockchain Innovation Hub,” commented Vice-Chancellor of RMIT, Martin Bean. Other Australian companies are working with blockchain technology in order to motivate their students to use and know how cryptocurrencies and blockchain technology work.
There are many universities all over the world that are starting to offer different courses to their students. Some of them are more complex than others, but the trend is clear, there are more educational institutions offering blockchain and crypto-related courses.
The demand for crypto professionals is increasing. The cryptocurrency market has grown exponentially during the last years, the amount of Initial Coin Offerings has also increased, the enterprises working with blockchain technology are every single day more, and universities need to address the lack of offer.
Other countries that offer their citizens the possibility to study something related to the blockchain and virtual currency environment are Bulgaria, Argentina, the United Kingdom, Dubai, and China, among others.