This step makes Wharton the primary enterprise faculty within the U.S. to simply accept crypto tuition funds. In Might, the varsity obtained a donation worth $5 million of Bitcoin, which was the biggest cryptocurrency present the college had ever obtained. Wharton can be the alma mater of Tesla CEO Elon Musk, who can be a giant proponent of cryptos. Musk is now the richest man in the world with a web value of $292 billion.
“Blockchain and digital property should not going away,” Kevin Werbach, a Wharton professor and this system’s educational director, stated within the announcement. “We hope to equip enterprise leaders, consultants, and entrepreneurs to establish the worth drivers of those modern applied sciences and to provide them the sensible understanding to construct options.”
Throughout this system, college students will study in regards to the elementary token valuation (FTV), which is the usual valuation methodology for digital currencies. College students will study on their very own time by seven case research and greater than 50 pre-recorded lecture movies. The course, Economics of Blockchain and Digital Property, was developed in partnership with Prysm Group, a blockchain financial consulting agency.
“From of us taken with studying learn how to assess and consider present blockchain networks, functions, and digital property to these trying to develop their very own options using the distinctive options of blockchain, this program focuses on the expertise’s most missed precept: its economics,” Cathy Barrera, program director and a companion at Prysm Group, stated within the announcement. Program companions embody Algorand, Amazon Web Services, Forte, Hyperledger, Skale, and Synthetix.
The primary program cohort begins on Jan. 3, 2022, and there may be limited enrollment. This system prices $3,800 and requires a dedication of about eight to 10 hours per week for six weeks. Wharton is ranked as having the third-best full-time MBA program within the U.S. by Fortune.