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.