Blockchain in business school: Interest among MBA students hasn’t waned despite crypto crash – Fortune

by | Sep 7, 2022 | Business

BY Anastassia GliadkovskayaSeptember 07, 2022, 1:21 PMIllustration by Martin LaksmanFew sectors are as volatile as cryptocurrency. In the last year, the value of digital currencies surged and then plummeted, eventually imploding with a widely reported market crash, layoffs and losses. Despite the uncertainty, academic interest in the sector hasn’t waned, professors say. “The price of crypto is going up, going down; the interest does not correlate with that,” says Gregory LaBlanc, who is a lecturer at Stanford University’s Graduate School of Business and the University of California—Berkeley’s Haas School of Business. “Crypto is one of those things that people think they need to know about if they want to be an educated person in today’s business world.” And crypto is no longer niche. Businesses across the board, from legacy banks to sectors beyond finance, are increasingly exploring crypto options. As a result, business students in MBA programs need to be familiar with digital assets and the benefits—and drawbacks—of a decentralized banking system. “There’s no question that there’s still a lot of uncertainty and immaturity and hype in the blockchain space,” acknowledges Kevin Werbach, professor of legal studies and business ethics at the Wharton School of the University of Pennsylvania and director of the Wharton digital asset and blockchain project. Even so, the need for business schools to incorporate this emerging industry into their curricula remains. “We need people that are going to work for big traditional firms who understand it, as well.” In response to interest from MBA students and demand among potential employers, some top-ranked business schools are incorporating blockchain and crypto into their curricula. Here’s what you need to know.How to evaluate an MBA program’s crypto contentThough the idea of teaching crypto in business school is relatively new, there are a number of schools that offer relevant courses: Stanfo …

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