newyork - Undergraduate Cryptocurrency Course at the NYU

Undergraduate Cryptocurrency Course at the NYU

We have heard about the developer training program hosted in Dubai. An online course was taken by more than 1000 applicants from almost 100 countries and it was operated by ConsenSys. Now, the Stern School of Business at the New York University (NYU), will offer a course about cryptocurrencies for undergraduate students.

Cryptocurrency Courses Around the World

The University offered a course to its graduate students about cryptocurrencies in 2014. At the beginning there were just a few dozen students, at the moment the course accommodated more than 100 and is expecting to keep growing.

“It is a fast-moving topic with tokenomics and cryptocurrencies changing whole industries. The more people can learn about it and what potential it has, the more understanding they will have of what financial services will look like in five years,” commented Oliver Bussmann, former chief information officer at the Swiss Bank UBS.

According to different studies, more universities will have cryptocurrency courses in the future. For example, the Stanford University launched a Bitcoin and cryptocurrency course two years ago. But it is not offering it anymore because of a shortage of teachers. The NYU charges undergraduate students more than $50,000 a year and the University will do the best efforts to find good quality teachers.

“There is a big demand for computer science students that have a good understanding of blockchain right now. It serves as a very nice use case that the students can apply in a lot of other domains, like cyber security,” says Aggelos Kiayias, chair in cyber security and privacy at the University of Edinburgh.

Important Challenges for the Universities

The cryptocurrency is a fast growing market. This situation makes text books on the matter become obsolete in just a few years. “Year over year we will change well over half the course material. It keeps you young to be reading half the night just to keep up with the latest innovations,” commented Professor David Yermack.

In addition to it, there is a shortage of specialists in blockchain and cryptocurrencies. Several enterprises are requiring that kind of professionals, but there is not enough individuals with experience and knowledge.