Higher education and the job market

Coinbase partnered with Qriously to run a survey among students, focusing on what they thought about crypto phenomenon and the blockchain technology. The summarized their findings in their article posted on (see link at the bottom of this post for the original full article). We made an easy-to-digest edited version based on the 11,000-character-long publication:

“Original Coinbase research includes a Qriously survey of 675 U.S. students, a comprehensive review of courses at 50 international universities, and interviews with professors and students.”

Students at top universities around the world are applying to classes on crypto-currency and blockchain. Universities set up research centers, increase the number of crypto-related courses, to adapt to the rising demand.

Coinbase ran its survey at the world’s top 50 universities (ranked by U.S. News and World Report). According to their findings, “42 percent of the top 50 universities offer at least one class on blockchain or crypto-currency, and 22 percent offer more than one”.

“Blockchain and crypto-currency courses are most prominent in the U.S.:

Johns Hopkins University: business course on blockchain;

Princeton: information-security class focused on secure computing systems, crypto-currencies, blockchain, and related economics, ethics, and legal issues;

Cornell offers 28 courses: “Anthropology of Money” and “Introduction to Blockchains, Crypto-currencies, and Smart Contracts”;

Stanford launched its Center for Blockchain Research this summer to bring together students and faculty from across the school’s departments to work on various aspects of crypto-currencies and blockchain.

The University of Waterloo, Georgetown University, and the University of Illinois at Urbana-Champaign are also expanding their research and course offerings.

Berkeley launched a course this spring on “Blockchain, Cryptoeconomics, and the Future of Technology, Business and Law.” /…/ The course was so popular that the instructors had to turn away more than 200 students because their classroom only had a 70-student capacity.

However, out of 18 international universities, only 5 offer at least one class on blockchain or crypto-currency. And only 2 of them offer more than one.

“Online learning sites like Udemy, Coursera, edX, and Udacity offer hundreds of courses, drawing on a range of experts, including professors from some of the top 50 global universities and practitioners in the field.”

Students are recognizing how high the demand is for this kind of knowledge. Campbell Harvey, professor at Duke University says, “If you’re graduating from law school it’s a tough market these days, however, the law students that are trained in blockchain, they don’t need to apply anywhere. People are just asking them to join their firms.”

Crypto expertise has become a key on the job market. Benedikt Bünz, a doctoral student at Stanford focusing on crypto-currencies says, “These days if you’re an expert in crypto-currencies and cryptography you’ll have a difficult time not finding a job.”

The increasing number of courses at top universities around the world and the intensifying search for crypto skilled graduates imply that both higher education and the job market have recognized, and started to adapt to, the historic shift that is taking place in finance and technology.



Zsolt Balló