Bitcoin classes and MBA are now being offered in more top business schools as a result of increasing demand from students. This demand is partly fueled by last year’s price spikes that made many people know cryptocurrencies and blockchain, and the fact that more companies are looking for people with skills in blockchain tech and crypto.
If the currently increasing interest in crypto education is anything to go by, then interest in cryptocurrencies and blockchain in increasing in the public. And while cryptocurrencies were restricted to a few tech gurus. As many people now want to learn about this tech and are signing up for courses with various motives.
Some want to venture into this world of unknown but some want to acquire trading skills. However, the tech skills required for employment in the departments in the areas of this expanding industry. For some, it is a way of getting a competitive advantage in terms of skills at the workplace. Even as some people say blockchain and crypto will be common topics in the workplaces in the foreseeable future.
So, course offerings and MBA classes on cryptocurrencies and blockchain are now available in more top-ranked business schools in addition to these ones here. The move is due to rising demand for these courses among students as well as among corporate recruiters, especially those in venture capital.
The Wharton School of the University of Pennsylvania is one of the top business schools offering these classes. Kevin Werbach, a professor at the school will take on “Blockchain, Cryptocurrency, and Distributed Ledger Technology”. Therefore the class in the fall of 2018. He told CCN news that there is a critical mass to teach this domain right now.
He added there will be ” real phenomenon in business for the foreseeable future”. And that most of the major business schools will have similar classes five years from now.
Stanford Business School starts off a class called “Cryptocurrency” in May 2018.
More demand for blockchain skills
Many venture capital firms are searching for people with skills in crypto, crypto trends, and blockchain tech. This coincides with the ballooning of venture capital investment in blockchain to $911 million in 2017, up 88% from 2016, according to Pitchbook.
So the demand also makes a good teaching case for blockchain at business schools.
Not only increases in demand for classes a result of a spike in skills demand. But also a loop feeding on the Bitcoin and crypto price escalations of last year. Never before had crypto generated so much interest in the public that saw the combined market cap for all cryptos expanding exponentially.
In fact, soaring prices are the largest contributor to rising demand for skills in the sector.
The fact that Bitcoin and crypto discussions and investments were more crucial for Wall Street companies and the launching of the futures also. It means that more recruiters are and will be looking for job applicants with skills or knowledge in crypto.
As adoption of crypto expands, this is going to increase. John Jacobs, a former Nasdaq executive and now the executive director of Georgetown Business School. He says, constantly gets calls from recruiters asking for people who understand blockchain tech. He said MBA programs need to prepare students for the growing demand in the market to help them compete.