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Over 40% of World’s Top 50 Universities Offer Crypto-Related Learning

US-based cryptocurrency exchange Coinbase has published results of its recent survey, showing that 42% of the world’s top 50 universities offer at least one course relating to blockchain or cryptocurrencies.

Who’s offering what?

Some 22% of the universities offered more than one course, with Stanford listing ten classes and Cornell nine. The National University of Singapore ranked highest of the non-US universities with five blockchain-related courses. The US universities were far more likely to offer related courses than those abroad; just 5 of the 18 non-US institutions offered such classes.

If the results were expanded to include foundational cryptography courses, 70% of all the universities included in the study offer at least one.

Universities appealing to all kinds of majors

Universities offered the courses in a number of departments including anthropology and finance, not only the expected computer sciences. And it is not just the majors that may typically be expected to apply for these types of courses interested in taking them either. Nearly half of all social science majors that Coinbase surveyed said they would be interested in taking such a class.

Inter-disciplinary interest in blockchain could be attributed to the societal impact it is having in a number of domains. Dawn Song, a computer science professor at the University of California, Berkeley said that studying the technology is particularly appealing as it can lead to ”fundamental breakthroughs in many research areas”, as well as having a profound impact on many industries and sects of society.

Campbell Harvey, a Professor of international business at Duke University said that he has seen law students particularly benefit from taking blockchain classes. ”Law students that are trained in blockchain, they don’t need to apply anywhere. People are just asking them to join their firms,” he said.

Methodology

Coinbase worked alongside survey company Qriously during the study. A total of 675 US college students were surveyed and an unspecified number of professors were interviewed. 175 classes were reviews, 15% were offered by economics, finance, law and business departments and 4% coming from social science departments.

The top 50 universities were chosen according to the US News and World Report: Best Global Universities 2018.

 

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Brazil University to Launch Bitcoin Masters Program

Sao Paulo university Fundacao Getulio Vargas (FGV) has announced that it is to offer a Masters Degree in Cryptofinance as part of its program in order to “prepare students for the coming era of digital currencies”.

FGV’s new Masters’ program is a reflection of Brazil’s forward thinking approach to new developments in the financial global market. The university’s program officer, Ricardo Rochman, regards the move as an important one towards training professionals as “leaders” in Brazil’s start-up ecosystem. Rochman claims that the current market suffers from a lack of expertise and that economic and financial fundamentals need to be both researched and taught so that cryptofinance can move ahead.

The Faculty of Economics and Administration at the University of Sao Paulo (FEA-USP) is also embracing the new technologies, adding a Cryptocurrencies module to its Derivatives course. In this module, students can learn about Bitcoin and how markets react in the cryptocurrency environment. Alan de Genaro, a professor at the faculty, made the decision to run the course because future professionals “need to decipher which factors are beneficial and which are not”.

The education market, through major universities around the globe, is beginning to embrace the need for further research and teaching programs with regard to blockchain technology. New York University began offering one of the first classes on the subject in 2014. Other top Universities, such as Duke, Cornell and the Massachusetts Institute of Technology (MIT) are now offering a range of crypto courses. Stanford and Princeton Universities also offer courses on cryptocurrencies and blockchain technology.

In Russia, some major universities have added courses to existing programs on banking, finance and financial markets. Saint Petersburg State University of Economics and Moscow’s Institute of Physics and Technology (MIPT) both run blockchain technology courses.

With cryptocurrency’s growing popularity, Bitcoin ‘labs’ are increasingly being introduced at universities around the world. Students enrolling for Edinburgh University‘s new course, Blockchains and Ledgers, will be required to build their own blockchain in a course aimed at fourth-year undergraduates and first-year masters students.

 

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