What’s Going On?
New York University’s Stern School of Business claims to be the first in the world that allows students to major in cryptocurrencies.
Why Does It Matter?
Bitcoin has taken hold at the Stern School of Business, reported CBS New York. Professors had to move their class about cryptocurrencies and blockchain tech to a bigger room as it had become so popular.
Stern was the first school to offer undergraduate courses in cryptocurrencies and blockchain, but is now part of the growing competition to attract students who want to study the technology in a more applied, professional environment.
What Have We Learned?
NYU Adjunct Professor Andrew Hinkes told CBS: “We hope to establish a groundwork so that the students can understand what’s really happening under the hood, so that they can understand both the legal and the business implications, and prepare them to go out and tackle this new market.”
Coinbase released a study last month showing 42 per cent of the world’s top 50 universities have at least one class on cryptocurrencies and blockchain, reported CoinTelegraph. The study found blockchain and crypto-related courses are most popular in the United States.
NYU Associate Professor Kathleen Derose told CBS: “The big established companies will definitely be partners in this whole equation, while the startups in [financial technology] will likely invent the new cool stuff.”