This article was last updated 6 years ago

Cryptocurrency and blockchain are enjoying a great deal of popularity at universities nowadays. According to statistics, 9% of undergraduates at institutions of higher education from all corners of the globe take a blockchain-related class. The demand is so high that universities are struggling to keep up. It is not the thing that everyone is talking about, yet youngsters are finally showing more interest towards cryptocurrency and blockchain. In spite of the fact that the situation of the crypto markets is not an optimistic one, adoption has continued to increase. Digital assets have dominated and still dominate, representing important tools for investors who are looking to make serious profit.

Getting back on topic, about 40% of the world’s leading universities are currently offering courses in the field of cryptocurrency and blockchain due to the student interest. A good example of an institution of higher education offering a crypto-based education is New York University. It is one of the first universities in the United States to offer students the possibility to major in blockchain technology. At present, the program is run by the NYU Stern School of Business. It is worth mentioning that the business school was one of the first of its kind to notice potential in undergraduate courses in cryptocurrencies and blockchain.

20% of university students in the US own cryptocurrencies

More and more college students are investing in bitcoin and it is not hard to understand why. They have tuition to pay, textbooks to buy, so students are willing to do anything to make money, including investing in digital assets. Approximately 20% of university students deploy their resources to invest in cryptocurrencies like Bitcoin. Naturally, they are buying small amounts. Instead of spending their hard-earned money on silly things like board games, youngsters make financial investments. Surprising as it may seem, students are pondering about the economic issues, as well as the economic future.

What do universities hope to accomplish?

Individuals are falling for cryptocurrency scams worldwide. The reason for this is that they do not know what they are doing. What institutions of higher education are striving to accomplish is to help youngsters understanding what is going on under the hood, so that they can understand the business implications of their decisions. To put it simply, universities are trying to prepare students for real life. Educational institutions are hoping that big organizations will partner with them with regards to the training programs and that students will be seeking tutors and study help. The sooner the impact of cryptocurrency and blockchain is recognized, the better.

As far as students are concerned, they have received the new curriculum with great enthusiast. Anyone has the opportunity to take one of the hugely popular classes and chances are that the crypto-mania is not going away any time soon. The brightest students from the United States can take free courses. How so? Well, Princeton offers free classes on online platforms like Coursera. Will individuals know everything they need to know after just one course? In order to be able to separate fact from fiction when it comes down to bitcoin and other digital assets it is necessary to study all the time. To be more precise, the information needs to be constantly updated and treated.

The fact of the matter is that taking just one course is not enough.
Leaving university with a bachelor’s degree in blockchain in hand can have significant advantages. The number of blockchain jobs is growing by the day. Those who are interested in a financial services job need to have blockchain knowledge, so one has to know a thing or two.

Students that are trained in blockchain do not have to apply anywhere. Companies, small and big, are begging them to come be a part of the team. In other words, they do not have a hard time finding a job. It is true that the number of courses in cryptocurrency and blockchain is not considerable, but there is hope that things will change very soon.

Combining theory with practice – essentials for students

It is tempting to think that educators focus solely on theory and they completely neglect practice. The best-performing educational institutions around the globe know how to find the right combination. They grant teachers the autonomy they need and deserve and place emphasis on the practical side. Institutions of higher education have a clear vision in mind and goal for the future.

They want to make an impact on society, as well as in different industries. Instructors have understood the fact that it is not a good idea to concentrate exclusively on blockchain. The leaders of today are experts in cryptocurrency and blockchain.

In the past couple of years, we have witnessed the rise of cryptocurrency and blockchain. In the world that we live in today, it is impossible to not acknowledge their presence. It is important for students to take classes and see what the job opportunities are. There is a significant unmet demand in the job market and all universities want to do is to smoothen the path to success.

In the future, maybe an increasing number of institutions of higher education will provide crypto-related courses. Students will greatly benefit from a modern education and someone needs to give them the skills that they need. It is the responsibility of universities to make sure that the younger generation is prepared for what lies ahead of the road.

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