This step makes Wharton the first business school in the United States to accept crypto tuition payments. In May, the school received a donation worth $ 5 million in Bitcoin, which was the biggest cryptocurrency gift the university has ever received. Wharton is also the alma mater of Tesla CEO Elon Musk, who is also a big supporter of cryptos. Musk is now the richest man in the world with a net worth of $ 292 billion.
“Blockchain and digital assets are not going to go away,” Kevin Werbach, professor at Wharton and academic director of the program, said in the announcement. “We hope to equip business leaders, consultants and entrepreneurs to identify the value drivers of these innovative technologies and give them the practical understanding to build solutions. “
During the program, students will learn about Fundamental Token Valuation (FTV), which is the standard valuation methodology for digital currencies. Students will learn on their own through seven case studies and over 50 pre-recorded lecture videos. The course, Blockchain and Digital Asset Economics, was developed in partnership with Prysm Group, a blockchain economics consulting firm.
“From those who wish to learn how to assess and evaluate existing blockchain networks, applications and digital assets to those looking to develop their own solutions using the unique functionalities of blockchain, this program focuses on the principle most overlooked technology: its economy, “Cathy Barrera, program director and partner of Prysm Group, said in the announcement. Program partners include Algorand, Amazon Web Services, Forte, Hyperledger, Skale, and Synthetix.
The first cohort of the program begins on January 3, 2022 and the number of registrations is limited. The program costs $ 3,800 and requires a commitment of approximately eight to ten hours per week for six weeks. Wharton is ranked as the third best full-time MBA program in the United States by Fortune.
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